Civic Intelligence

The Optimist Inc

990 • Fiscal year 2017 • EIN 11-3571622

Jan 01, 2017 to Dec 31, 2017 • Filed on Oct 04, 2018

Organization ProfileTheoptimists
36-46 37th StreetLong Island City, NY 11101-1606

(718) 278-4953

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

76th percentile

0.13x

Higher debt load relative to assets than 76% of similar nonprofits.

2017 filings • NTEE P20 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

80th percentile

0.07x

Higher debt load relative to revenue than 80% of similar nonprofits.

2017 filings • NTEE P20 • <$500k nonprofits • Source year 2017

Net Margin

62nd percentile

13%

Higher net margin than 62% of similar nonprofits.

2017 filings • NTEE P20 • <$500k nonprofits • Source year 2017

Top Officer Pay

82nd percentile

$0

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • NTEE P20 • <$500k nonprofits • Source year 2017

Asset Growth

26th percentile

-15%

Faster asset growth than 26% of similar nonprofits.

2017 filings • NTEE P20 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

82nd percentile

56%

Faster revenue growth than 82% of similar nonprofits.

2017 filings • NTEE P20 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets76th percentile

Assets

Down

$124,703

Down $22,827 (-15%) from 2016

Net Assets

Up

$108,660

Up $30,098 (+38%) from 2016

Liabilities

Down

$16,043

Down $52,925 (-77%) from 2016

Revenue And Expenses
Liabilities / Revenue80th percentileNet Margin62nd percentile

Revenue

Up

$231,793

Up $83,047 (+56%) from 2016

Expenses

Down

$201,695

Down $16,019 (-7.4%) from 2016

Net Income

Up

$30,098

Up $99,066 (+144%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth26th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$300K$200K$100K$0Assets 2010: $38,584Liabilities 2010: $8,0002010Assets 2011: $27,584Liabilities 2011: $3,0002011Assets 2012: $47,246Liabilities 2012: $3,000Net Assets 2012: $44,2462012Assets 2013: $131,457Liabilities 2013: $109,607Net Assets 2013: $21,8502013Assets 2014: $21,327Liabilities 2014: $0Net Assets 2014: $21,3272014Assets 2015: $147,530Liabilities 2015: $0Net Assets 2015: $147,5302015Assets 2016: $147,530Liabilities 2016: $68,968Net Assets 2016: $78,5622016Assets 2017: $124,703Liabilities 2017: $16,043Net Assets 2017: $108,6602017Assets 2018: $100,668Liabilities 2018: $11,320Net Assets 2018: $89,3482018Assets 2019: $150,817Liabilities 2019: $23,371Net Assets 2019: $127,4462019Assets 2020: $113,581Liabilities 2020: $0Net Assets 2020: $113,5812020Assets 2021: $195,611Liabilities 2021: $94,995Net Assets 2021: $100,6162021Assets 2022: $212,771Liabilities 2022: $0Net Assets 2022: $212,7712022Assets 2023: $206,254Liabilities 2023: $0Net Assets 2023: $206,2542023

Highlighted filing

2017

Assets$124,703
Liabilities$16,043
Net Assets$108,660
Open 2017 Filing

Operations Trend

Revenue Growth82nd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$300K$200K$100K$0-$100KRevenue 2010: $58,779Expenses 2010: $28,423Net Income 2010: $30,3562010Revenue 2011: $54,461Expenses 2011: $60,461Net Income 2011: -$6,0002011Revenue 2012: $95,263Expenses 2012: $75,601Net Income 2012: $19,6622012Revenue 2013: $130,357Expenses 2013: $108,507Net Income 2013: $21,8502013Revenue 2014: $177,915Expenses 2014: $200,834Net Income 2014: -$22,9192014Revenue 2015: $175,012Expenses 2015: $165,729Net Income 2015: $9,2832015Revenue 2016: $148,746Expenses 2016: $217,714Net Income 2016: -$68,9682016Revenue 2017: $231,793Expenses 2017: $201,695Net Income 2017: $30,0982017Revenue 2018: $235,911Expenses 2018: $203,900Net Income 2018: $32,0112018Revenue 2019: $217,921Expenses 2019: $191,145Net Income 2019: $26,7762019Revenue 2020: $187,481Expenses 2020: $195,506Net Income 2020: -$8,0252020Revenue 2021: $182,646Expenses 2021: $90,092Net Income 2021: $92,5542021Revenue 2022: $235,896Expenses 2022: $218,736Net Income 2022: $17,1602022Revenue 2023: $149,002Expenses 2023: $155,517Net Income 2023: -$6,5152023

Highlighted filing

2017

Revenue$231,793
Expenses$201,695
Net Income$30,098
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Oct 4, 2018
Return Version
2017v2.3
Gross Receipts
$231,793
Mission and Program Overview

Mission

The optimists inc provides funding for education of children in bangladesh in form of educational expenses including health care, clothing/ uniform, books and partial financial support to the family

The optimists inc provides funding for education of children in bangladesh in the form of educational expensdes including healthcare, clothing/uniform, books and partial financial support to the family.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$78,562$108,660▲ $30,098
Pledges and Grants Receivable-$82,000-
Cash and Non-Interest-Bearing Accounts$147,530$42,703▼ $104,827
Total Assets$147,530$124,703▼ $22,827
Liabilities
Deferred Revenue$68,968--
Accounts Payable and Accrued Expenses-$16,043-
Total Liabilities$68,968$16,043▼ $52,925
Net Assets / Fund Balance
Total Net Assets Fund Balance$78,562$108,660▲ $30,098
Total Liabilities and Net Assets / Fund Balance$147,530$124,703▼ $22,827
Compensation and Service Providers
Top Officer Pay82nd percentile

Board Members and Trustees

NameTitle
Sarwar B SalamChairman, PEC
Ferdous A Khandaker MDPresident, Board
Minhaz AhmedVice Chairman
Mohammad AliVice President
Nishad HoqueVice President
Shahedul IslamVice President
MajGeneral Abdus SalamCountry Director
Mahbub E KhudaAssistant General Secy
Nazrul IslamAssistant General Secy
Mohammed R ChowdhuryExecutive Member
Shamim AhmedExecutive Member
Jewel ChowdhuryGeneral Secretary
Mohammed A BhuiyanMember Secretary
Mohammed A WadudTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$231,790
Investment Income
$3
Other Revenue
$0
Change in Net Assets
$30,098
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$172,000
Other Expenses$29,695
Total Fundraising Expense$19,840
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$172,000--$172,000
Fees for Services Other--$10,840$10,840
Conferences and Meetings--$9,000$9,000
Occupancy-$5,855-$5,855
Office Expenses-$980-$980
Travel-$960-$960
Fees for Services Accounting-$900-$900
Information Technology-$479-$479
Other Expenses-$208-$208
Total Functional Expenses$172,000$9,855$19,840$201,695
International Activity

International Summary

Offices
26
Employees
3
Spending
$172,000

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
South AsiaProgram servicesEducation, healthcare and uniform263$172,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
The Optimists Inc
EIN
11-3571622
Phone
7182784953
Address
36-46 37TH STREET, LONG ISLAND CITY, NY 11101-1606

Signing Officer

Name
Sarwar B Salam
Title
Chairman
Signed
2018-10-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sarwar B Salam
Formed
2000
Legal Domicile
Ny
Voting Board Members
19
Independent Board Members
0
Employees
0

Preparer

Firm
Sarwar B Salam CPA PC
Address
475 McDonald Ave, Brooklyn, NY 11218
Preparer
Sarwar B Salam
Phone
7184364601
Supplemental Narrative

Additional Explanations

Form 990, Part X, Section Liabilities, Line 30

“Includes grant payable”

Raw XML AppendixShowing 400 of 413 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt030098
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0245393
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0148730
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0174992
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0165310
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0130357
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0864782
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0864782
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0245393
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0148730
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0174992
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0165310
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0130357
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0864782
IRS990ScheduleA/TotalSupportAmt0864782
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt03
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt026
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt0172000
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0South Asia
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0Education, healthcare and uniform
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0Program services
IRS990ScheduleF/BoycottCountriesInd0false
IRS990ScheduleF/ForeignCorpOwnershipInd0false
IRS990ScheduleF/ForeignPartnershipInd0false
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt0172000
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt0Through Banks
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0Child education development
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt0South Asia
IRS990ScheduleF/InterestInForeignTrustInd0false
IRS990ScheduleF/PassiveForeignInvestmestCoInd0false
IRS990ScheduleF/SubtotalEmployeesCnt03
IRS990ScheduleF/SubtotalOfficesCnt026
IRS990ScheduleF/SubtotalSpentAmt0172000
IRS990ScheduleF/TotalEmployeeCnt03
IRS990ScheduleF/TotalOfficeCnt026
IRS990ScheduleF/TotalOtherOrgCnt01
IRS990ScheduleF/TotalSpentAmt0172000
IRS990ScheduleF/TransferToForeignCorpInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Includes grant payable
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part X, Section Liabilities, Line 30
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0147530
IRS990/TotalAssetsEOYAmt0124703
IRS990/TotalAssetsGrp/BOYAmt0147530
IRS990/TotalAssetsGrp/EOYAmt0124703
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt019840
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt09855
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0172000
IRS990/TotalFunctionalExpensesGrp/TotalAmt0201695
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt068968
IRS990/TotalLiabilitiesEOYAmt016043
IRS990/TotalLiabilitiesGrp/BOYAmt068968
IRS990/TotalLiabilitiesGrp/EOYAmt016043
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt078562
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0108660
IRS990/TotalProgramServiceExpensesAmt0201695
IRS990/TotalProgramServiceRevenueAmt0231790
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0231793
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0147530
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0124703
IRS990/TravelGrp/ManagementAndGeneralAmt0960
IRS990/TravelGrp/TotalAmt0960
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/USAddress/AddressLine1Txt0475 McDonald Avenue
IRS990/USAddress/CityNm0Brooklyn
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd011218
IRS990/VotingMembersGoverningBodyCnt019
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0Theoptimists
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SARWAR B SALAM
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-10-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE OPTIMISTS INC
ReturnHeader/Filer/BusinessNameControlTxt0OPTI
ReturnHeader/Filer/EIN0113571622
ReturnHeader/Filer/PhoneNum07182784953
ReturnHeader/Filer/USAddress/AddressLine1Txt036-46 37TH STREET
ReturnHeader/Filer/USAddress/CityNm0LONG ISLAND CITY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd0111011606
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0089CF3DD03A49E5AF3E62DE7150CF22D18ECA891
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0089CF3DD03A49E5AF3E62DE7150CF22D18ECA891
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId01119042018105rzsakw7
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02018-09-27
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt098.113.102.26
ReturnHeader/FilingSecurityInformation/IPDt02018-10-04
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm016:59:36
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Sarwar B Salam CPA PC

Document Assets

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$124,703
Liabilities
$16,043
Net assets
$108,660
Revenue
$231,793
Expenses
$201,695
Net income
$30,098
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$2.06$0.00$2.06$1.49$1.56$0.07
2022Detailed filing. Detailed filing data is available for this year.$2.13$0.00$2.13$2.36$2.19$0.17
2021Detailed filing. Detailed filing data is available for this year.$1.96$0.95$1.01$1.83$0.90$0.93
2020Detailed filing. Detailed filing data is available for this year.$1.14$0.00$1.14$1.87$1.96$0.08
2019Detailed filing. Detailed filing data is available for this year.$1.51$0.23$1.27$2.18$1.91$0.27
2018Detailed filing. Detailed filing data is available for this year.$1.01$0.11$0.89$2.36$2.04$0.32
2017Detailed filing. Detailed filing data is available for this year.$1.25$0.16$1.09$2.32$2.02$0.30
2016Detailed filing. Detailed filing data is available for this year.$1.48$0.69$0.79$1.49$2.18$0.69
2015Detailed filing. Detailed filing data is available for this year.$1.48$0.00$1.48$1.75$1.66$0.09
2014Detailed filing. Detailed filing data is available for this year.$0.21$0.00$0.21$1.78$2.01$0.23
2013Detailed filing. Detailed filing data is available for this year.$1.31$1.10$0.22$1.30$1.09$0.22
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.47$0.03$0.44$0.95$0.76$0.20
2011Summary only. Only limited summary data is available for this year.$0.28$0.03$0.54$0.60$0.06
2010Summary only. Only limited summary data is available for this year.$0.39$0.08$0.59$0.28$0.30