Optimist International
- Assets
- $414.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wilmington, NC
- Founding
- 07/1958
- Data as of
- 09/2023
- EIN
- 56-5066727
Organization Overview
Optimist International is located in Wilmington, NC. 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)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2023, Optimist International generated $143.7k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 30.3% each year . All expenses for the organization totaled $91.7k during the year ending 09/2023. While expenses have increased by 12.9% per year over the past 3 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
HELP YOUTH STAY BUSY
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $6,060 |
| Investment income | $1 |
| Gain or Loss | $49,723 |
| Net Income from Gaming & Fundraising | $32,491 |
| Other Revenue | $81,027 |
| Total Revenue | $143,657 |
| 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 | $8,274 |
| Occupancy, rent, utilities, and maintenance | $12,662 |
| Printing, publications, postage, and shipping | $771 |
| Other expenses | $70,032 |
| Total expenses | $91,739 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $62,923 |
| Other assets | $0 |
| Total assets | $414,741 |
| Total liabilities | $0 |
| Net assets or fund balances | $414,741 |