Optimist International
- Assets
- $285.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hopewell, VA
- Founding
- 07/1958
- Data as of
- 09/2022
- EIN
- 54-6073613
Organization Overview
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 09/2022, Optimist International generated $34.4k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $19.5k during the year ending 09/2022. As we would expect to see with falling revenues, expenses have declined by (8.9%) per year over the past 7 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
2022
Describe the Organization's Program Activity:
Part 3
NUMEROUSYOUTHSSPORTINGEVENTSANDACTIVITIES,YOUTHFISHINGTOURNAMENT,RECOGNIZINGDESERVINGYOUTHINTHECOMMUNITYFORTHEIRACADEMICANDSPORTSACCOMPLISHMENTSSCHOLARSHIPSANDMANYCONTRIBUTIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Carraway Financial Secretary | 8 | $0 | |
Mark Hughes Secretary | 8 | $0 | |
Ronnie Parker President | 8 | $0 | |
Kevin Parr Registered Agent | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,427 |
| Total Program Service Revenue | $23,647 |
| Membership dues | $4,295 |
| Investment income | $13 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $34,382 |
| 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 | $6,104 |
| Total expenses | $19,549 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $168,835 |
| Other assets | $0 |
| Total assets | $285,425 |
| Total liabilities | $0 |
| Net assets or fund balances | $285,425 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Young Mens Christian Association Of Avery County Inc Linville, NC | $10,986,803 | $2,337,962 |
Youth Service America Washington, DC | $348,122 | $1,098,335 |
Her Resiliency Center Washington, DC | $310,764 | $852,218 |
Akins Path Inc Brentwood, TN | $456,373 | $802,753 |
Casa Elkton, MD | $261,536 | $566,324 |
Optimist International Morehead, KY | $561,814 | $397,054 |
Get In The Game Winston Salem, NC | $65,253 | $276,203 |
Capital District Key Club Ashland, VA | $180,225 | $229,795 |
Optimist International Herndon, VA | $281,595 | $257,129 |
Youth As Resources Inc Baltimore, MD | $666,682 | $364,619 |
Kinston Teens Kinston, NC | $171,834 | $111,660 |
Multicare Foundation Inc Greeneville, TN | $44,186 | $86,526 |