Twin Falls Optimist Youth House Inc
- Assets
- $267.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Twin Falls, ID
- Founding
- Data as of
- 06/2024
- EIN
- 83-1319663
Organization Overview
Twin Falls Optimist Youth House Inc is located in Twin Falls, ID. According to its NTEE Classification (L99) the organization is classified as: Housing & Shelter N.E.C., under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Twin Falls Optimist Youth House Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2024, Twin Falls Optimist Youth House Inc generated $128.1k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 15.5% each year . All expenses for the organization totaled $139.4k during the year ending 06/2024. While expenses have increased by 17.0% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
WE REPRESENT AN OPPORTUNITY FOR A GROUP OF OUR YOUTH TO BE SUCCESSFUL IN LIFE AS THEY TRANSITION TO ADULTHOOD. WHILE WE RECOGNIZE FOSTER KIDS AGING OUT OF THE STATE SYSTEM AT 18 ARE NOT READY TO MAKE THIS TRANSITION SUCCESSFULLY, THAT IS WHAT IS HAPPENING. MY KIDS, AND MOST LIKELY YOURS, WERE NOT READY TO BE ON THEIR OWN AT 18 AND THEY HAD THE SUPPORT OF A LOVING FAMILY COVERING ALL THEIR NEEDS. EVEN WITH THAT SUPPORT IT IS DIFFICULT AS THEY MOVED THROUGH THIS STAGE OF LIFE. AGING-OUT HAPPENS WHEN A CHILD IN FOSTER CARE TURNS THE AGE OF EIGHTEEN WITHOUT A SAFE AND PERMANENT HOME. THEY ARE DEEMED ADULTS AND ARE NO LONGER UNDER THE PURVIEW OF THE CHILD PROTECTION ACT. THEY OFTEN LEAVE FOSTER CARE WITH THE RIGHTS TO THEIR PARENTS HAVING BEEN TERMINATED SOMETIME DURING THEIR CHILDHOOD. THEY HAVE SPENT A SIGNIFICANT AMOUNT OF THEIR CHILDHOOD IN A FOSTER HOME OR A GROUP HOME WITHOUT A HOME OR FAMILY OF THEIR OWN. OFTEN THE ONLY CONSTANT THEY HAVE EXPERIENCED IN THEIR LIFE IS THEIR COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karlan Jensen President | 0 | $0 | |
Tami Goedhart Secretary | 0 | $0 | |
Sandy March Treasurer | 0 | $0 | |
Anna Scholes Director | 0 | $0 | |
Barry Knoblich Director | 0 | $0 | |
Gary Palmer Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $125,732 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $2,393 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $128,125 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $106,075 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $8,280 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $25,016 |
| Total expenses | $139,371 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $263,583 |
| Other assets | $0 |
| Total assets | $267,077 |
| Total liabilities | $950 |
| Net assets or fund balances | $266,127 |