Optimist International
- Assets
- $107.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wichita Falls, TX
- Founding
- 10/1951
- Data as of
- 09/2022
- EIN
- 75-6036287
Organization Overview
Optimist International is located in Wichita Falls, TX. The organization was established in 1951. According to its NTEE Classification (O51) the organization is classified as: Youth Community Service Clubs, under the broad grouping of Youth Development and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Optimist International is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 09/2022, Optimist International generated $16.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.1%) each year. All expenses for the organization totaled $31.8k during the year ending 09/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bill Presson Director | 1 | $0 | |
John Luig Jr Secretary/treasurer | 5 | $0 | |
Cosme Ojeda President | 4 | $0 | |
Brian Anderle First Vice-President | 1 | $0 | |
John Ferguson Director | 1 | $0 | |
Colby Schwartz Second Vice-President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,739 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $85 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $6,281 |
| Other Revenue | $57 |
| Total Revenue | $16,162 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $60 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,210 |
| Total expenses | $31,797 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $73,471 |
| Other assets | $0 |
| Total assets | $107,039 |
| Total liabilities | $263 |
| Net assets or fund balances | $106,776 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Leadership Austin Austin, TX | $723,903 | $1,410,733 |
South Lakes Soccer Club Inc Oklahoma City, OK | $377,048 | $563,968 |
Optimist International Paris, TX | $701,531 | $317,654 |
Optimist International Bethany, OK | $319,544 | $220,743 |
Optimist International Norman, OK | $162,021 | $214,095 |
Boys2men Of God Hutto, TX | $12,841 | $187,121 |
Optimist International Hot Springs, AR | $483,351 | $181,355 |
Homeschool Christian Youth Association Willis, TX | $165,469 | $143,241 |
Optimist International Granbury, TX | $233,849 | $0 |
Optimist International Bossier City, LA | $223,718 | $35,002 |
Optimist International Bethany, OK | $146,961 | $0 |
Austin Allies Austin, TX | $75,877 | $0 |