Optimist International is located in Pacific Palisades, 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 $8.9k 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 (26.3%) each year. All expenses for the organization totaled $21.4k during the year ending 09/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
MEMBERS PROVIDED COMPUTERS AND OTHER GIFTS TO THE OPTIMIST YOUTH HOME AND PROVIDED PROGRAM OUTINGS TO MUSEUMS AND OTHE EDUCATIONAL VENUES FOR GROUPS OF YOUTHMONTHLY. MEMBERS COLLECTIVELY SPEND A DAY ANNUALLY RAISING MONEY FOR THE SALVATION ARMY. MEMBERS WORK ON JULY 4TH, TO STAFF THE PALISADES 5K/10K, WHICH RAISING MONEY THE OPTIMIST SCHOLARSIP FOUNDATION FOR HIGH SCHOOL SCHOLARSHIPS AND YOUTH HOME DONATIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Naidu Permaul President | 15 | $0 | |
Stuart Kaiser Treasurer | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $8,759 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $97 |
Total Revenue | $8,856 |
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 | $3,644 |
Occupancy, rent, utilities, and maintenance | $100 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $17,670 |
Total expenses | $21,414 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $30,232 |
Other assets | $0 |
Total assets | $30,232 |
Total liabilities | $0 |
Net assets or fund balances | $30,232 |
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