Optimist International
- Assets
- $274.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Olney, MD
- Founding
- 11/1944
- Data as of
- 09/2023
- EIN
- 52-6048973
Organization Overview
Optimist International is located in Olney, MD. The organization was established in 1944. 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 09/2023, Optimist International generated $113.5k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 11.3% each year . All expenses for the organization totaled $85.1k during the year ending 09/2023. While expenses have increased by 7.3% 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
2023
Describe the Organization's Program Activity:
Part 3
TO AID LOCAL CHARITIES TO CARRY OUT THEIR EXEMPT PROGRAMS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Douglas President | 2 | $0 | |
Edward Justice Treasurer | 0.25 | $0 | |
John Fratangelo Secretary | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,821 |
| Total Program Service Revenue | $100,011 |
| Membership dues | $2,081 |
| Investment income | $8,622 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $113,535 |
| 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 | $21,170 |
| Total expenses | $85,089 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $274,677 |
| Other assets | $0 |
| Total assets | $274,677 |
| Total liabilities | $0 |
| Net assets or fund balances | $274,677 |