Optimist International is located in Hopewell, VA. 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 09/2023, Optimist International generated $36.3k in total revenue. The organization has seen a slow decline revenue. Over the past 3 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $32.7k during the year ending 09/2023. 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
NUMEROUSYOUTHSSPORTINGEVENTSANDACTIVITIES,YOUTHFISHINGTOURNAMENT,RECOGNIZINGDESERVINGYOUTHINTHECOMMUNITYFORTHEIRACADEMICANDSPORTSACCOMPLISHMENTSSCHOLARSHIPSANDMANYCONTRIBUTIONS
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Scott Poitras President | 12 | $0 | |
| Mark Hughes Secretary | 12 | $0 | |
| Kevin Carraway Financial Secretary | 12 | $0 | |
| Kevin Parr Registered Agent | 12 | $0 | 
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,604 | 
| Total Program Service Revenue | $27,478 | 
| Membership dues | $5,205 | 
| Investment income | $13 | 
| Gain or Loss | $0 | 
| Net Income from Gaming & Fundraising | $0 | 
| Other Revenue | $0 | 
| Total Revenue | $36,300 | 
| 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 | $1,159 | 
| Occupancy, rent, utilities, and maintenance | $9,838 | 
| Printing, publications, postage, and shipping | $857 | 
| Other expenses | $6,720 | 
| Total expenses | $32,705 | 
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $185,016 | 
| Other assets | $0 | 
| Total assets | $289,020 | 
| Total liabilities | $0 | 
| Net assets or fund balances | $289,020 |