Optimist International
- Assets
- $50.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Burbank, CA
- Founding
- 02/1966
- Data as of
- 09/2018
- EIN
- 95-6123734
Organization Overview
Optimist International is located in Burbank, CA. The organization was established in 1966. 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 09/2018, Optimist International generated $17.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (14.2%) each year. All expenses for the organization totaled $15.0k during the year ending 09/2018. As we would expect to see with falling revenues, expenses have declined by (9.9%) per year over the past 3 years. 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
2018
Describe the Organization's Program Activity:
Part 3
SPONSORED A GOLF TOURAMENT TO PROVIDE FUNDS TO GIVE SHCOLARSHIPS TO YOUTH IN THE AREA AND TO PROVIDE FUNDS FOR OTHER YOUTH ACTIVITIES INCLUDING SUPPORT OF THE OPTIMIST YOUTH HOME AND FAMILY SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Doreen Wydra President | 1.5 | $0 | |
Dorothea Olin Secretary | 0.25 | $0 | |
M Kent Warner Treasuruer | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $3,780 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $9,572 |
| Other Revenue | $4,162 |
| Total Revenue | $17,514 |
| 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 | $0 |
| Other expenses | $4,860 |
| Total expenses | $15,023 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $50,801 |
| Other assets | $0 |
| Total assets | $50,801 |
| Total liabilities | $0 |
| Net assets or fund balances | $50,801 |