Prior Lake Optimists Fund
- Assets
- $256.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Prior Lake, MN
- Founding
- 01/2000
- Data as of
- 06/2022
- EIN
- 41-1954467
Organization Overview
Prior Lake Optimists Fund is located in Prior Lake, MN. The organization was established in 2000. According to its NTEE Classification (P30) the organization is classified as: Children & Youth Services, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Prior Lake Optimists Fund 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 06/2022, Prior Lake Optimists Fund generated $8.2k 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 (8.5%) each year. All expenses for the organization totaled $16.9k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
TO NURTURE AND SUPPORT YOUTH IN OUR COMMUNITY THROUGH ACTIVE INVOLVEMENT WITH AND FINANCIAL SUPPORT FOR SCHOOLS, ESTABLISHED ORGANIZATIONS, AND OTHER YOUTH PROGRAMS TO BRING OUT THE BEST IN KIDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Leslie Sonnabend Chairman | 0 | $0 | |
Scott D Carlson President | 0 | $0 | |
Linda Ringstad Secretary | 0 | $0 | |
Steve Schmid Chairman | 0 | $0 | |
James Speiker II Chairman | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,192 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $8,192 |
| 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 | $425 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $16,872 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $256,811 |
| Other assets | $0 |
| Total assets | $256,811 |
| Total liabilities | $0 |
| Net assets or fund balances | $256,811 |