Optimist International
- Assets
- $88.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- South Lake Tahoe, CA
- Founding
- 07/1958
- Data as of
- 09/2021
- EIN
- 94-6107715
Organization Overview
Optimist International is located in South Lake Tahoe, CA. The organization was established in 1958. 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 09/2021, Optimist International generated $42.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.6%) each year. All expenses for the organization totaled $25.9k during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (10.6%) per year over the past 6 years. 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 |
|---|---|---|---|
Terry Powers Secretary | 2 | $0 | |
Lee Nichel President | 5 | $0 | |
Lynn Haen Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,064 |
| Total Program Service Revenue | $0 |
| Membership dues | $240 |
| Investment income | $70 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $40,434 |
| Other Revenue | $0 |
| Total Revenue | $42,808 |
| 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 | $0 |
| Printing, publications, postage, and shipping | $148 |
| Other expenses | $9,995 |
| Total expenses | $25,899 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $88,042 |
| Other assets | $0 |
| Total assets | $88,042 |
| Total liabilities | $0 |
| Net assets or fund balances | $88,042 |
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|---|---|---|
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