Optimist International is located in Wilmington, NC. The organization was established in 1966. 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 $151.1k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 15.2% each year . All expenses for the organization totaled $133.4k during the year ending 09/2023. While expenses have increased by 16.3% per year over the past 5 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
PROVIDE YOUTH BASEBALL AND SOFTBALL FOR CHILDREN 5-16 SO THAT THEY CAN LEARN GOOD SPORTSMANSHIP, DEVELOP ATHLETIC ABILITY, AND PROVIDE TEAM BUILDING.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Adam Shay Treasurer | 5 | $0 | |
Anna Peterson Secretary | 2 | $0 | |
Phillip Smith Vice President | 5 | $0 | |
Kevin Taylor President | 5 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $196,961 |
| Membership dues | $0 |
| Investment income | $2,673 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $151,147 |
| 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 | $133,416 |
| Total expenses | $133,416 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $286,782 |
| Other assets | $0 |
| Total assets | $286,782 |
| Total liabilities | $0 |
| Net assets or fund balances | $286,782 |