Civic Intelligence

The Optimist Inc

990 • Fiscal year 2019 • EIN 11-3571622

Jan 01, 2019 to Dec 31, 2019 • Filed on Sep 14, 2020

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

78th percentile

0.15x

Higher debt load relative to assets than 78% of similar nonprofits.

2019 filings • NTEE P20 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

82nd percentile

0.11x

Higher debt load relative to revenue than 82% of similar nonprofits.

2019 filings • NTEE P20 • <$500k nonprofits • Source year 2019

Net Margin

64th percentile

12%

Higher net margin than 64% of similar nonprofits.

2019 filings • NTEE P20 • <$500k nonprofits • Source year 2019

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.

2019 filings • NTEE P20 • <$500k nonprofits • Source year 2019

Asset Growth

80th percentile

50%

Faster asset growth than 80% of similar nonprofits.

2019 filings • NTEE P20 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

39th percentile

-7.6%

Faster revenue growth than 39% of similar nonprofits.

2019 filings • NTEE P20 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets78th percentile

Assets

Up

$150,817

Up $50,149 (+50%) from 2018

Net Assets

Up

$127,446

Up $38,098 (+43%) from 2018

Liabilities

Up

$23,371

Up $12,051 (+106%) from 2018

Revenue And Expenses
Liabilities / Revenue82nd percentileNet Margin64th percentile

Revenue

Down

$217,921

Down $17,990 (-7.6%) from 2018

Expenses

Down

$191,145

Down $12,755 (-6.3%) from 2018

Net Income

Down

$26,776

Down $5,235 (-16%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth80th 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

2019

Assets$150,817
Liabilities$23,371
Net Assets$127,446
Open 2019 Filing

Operations Trend

Revenue Growth39th 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

2019

Revenue$217,921
Expenses$191,145
Net Income$26,776
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Sep 14, 2020
Return Version
2019v5.1
Gross Receipts
$217,921
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 expenses including healthcare, clothing/ uniform, books and partial financial support to the family.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$100,670$127,446▲ $26,776
Cash and Non-Interest-Bearing Accounts$100,668$121,607▲ $20,939
Accounts Receivable$82,000$29,210▼ $52,790
Total Assets$182,668$150,817▼ $31,851
Liabilities
Grants Payable$70,678$18,231▼ $52,447
Accounts Payable and Accrued Expenses$11,320$5,140▼ $6,180
Total Liabilities$81,998$23,371▼ $58,627
Net Assets / Fund Balance
Total Net Assets Fund Balance$100,670$127,446▲ $26,776
Total Liabilities and Net Assets / Fund Balance$182,668$150,817▼ $31,851
Compensation and Service Providers
Top Officer Pay82nd percentile

Board Members and Trustees

NameTitle
Sarwar B SalamChairman
Shahedul IslamPresident, BOD
Ferdous A KhandkerVice Chairman
Maj General Abdus salam ChowdhuryCountry Director
Mohammad AliExecutive Member
Nazrul IslamExecutive Member
Shamim AhmedExecutive Member
Mohammad M KhudaMember Secretary
Mohammed R chowdhuryPrincipal Advisor
Nishad HoqueSecretary General, BOD
Mohammed A WadudTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$217,921
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$26,776
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$166,800
Other Expenses$24,345
Total Fundraising Expense$8,033
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$166,800--$166,800
Fees for Services Other--$8,033$8,033
Occupancy-$6,132-$6,132
Fees for Services Management-$5,906-$5,906
Information Technology-$1,052-$1,052
Travel-$933-$933
Fees for Services Accounting-$900-$900
Office Expenses-$444-$444
Other Expenses-$75-$75
Total Functional Expenses$166,800$16,312$8,033$191,145
International Activity

International Summary

Offices
1
Employees
2
Spending
$166,800

International Compliance

Foreign grant records maintained
Yes
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 ServicesProvide Educational Assistance to Children12$166,800
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
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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

Governance Explanations

Form 990, Part VIII, Section 2A, Line 2A

“Total revenue for 2019 was collected in 2019 for program services”

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
2020-09-14
Discuss with paid preparer
No

Organization Details

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

Preparer

Firm
Sarwar B Salam CPA Pc
Address
475 MCDONALD AVENUE 2ND FLOOR, BROOKLYN, NY 11218
Preparer
Sarwar B Salam
Phone
7184364601
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Section GRANTS, Line 166800

“Program service expenditure in bangladesh was 166800 during the year, these were paid in the form of a grant none equal to or higher than 5000”

Raw XML Appendix382 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt011320
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt05140
IRS990/AccountsReceivableGrp/BOYAmt082000
IRS990/AccountsReceivableGrp/EOYAmt029210
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0The Optimists, Inc provides funding for education of children in Bangladesh in the form of educational expenses including healthcare, clothing/ uniform, books and partial financial support to the family.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllOtherExpensesGrp/TotalAmt00
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0SARWAR B SALAM
IRS990/BooksInCareOfDetail/PhoneNum07184374601
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0475 MCDPNALD AVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0BROOKLYN
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd011218
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt0100670
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt0127446
IRS990/CashNonInterestBearingGrp/BOYAmt0100668
IRS990/CashNonInterestBearingGrp/EOYAmt0121607
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt0166800
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt024345
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0217921
IRS990/CYRevenuesLessExpensesAmt026776
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0191145
IRS990/CYTotalFundraisingExpenseAmt08033
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0217921
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt00
IRS990/Desc0More service districts were created to expand the program
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt0191144
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt0900
IRS990/FeesForServicesAccountingGrp/TotalAmt0900
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt05906
IRS990/FeesForServicesManagementGrp/TotalAmt05906
IRS990/FeesForServicesOtherGrp/FundraisingAmt08033
IRS990/FeesForServicesOtherGrp/TotalAmt08033
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0true
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/ProgramServicesAmt0166800
IRS990/ForeignGrantsGrp/TotalAmt0166800
IRS990/ForeignOfficeInd0true
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt0005.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1012.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2010.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt3020.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt4012.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt5010.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt6020.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt7008.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt8008.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt9012.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10012.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/PersonNm0Sarwar B Salam
IRS990/Form990PartVIISectionAGrp/PersonNm1Ferdous A Khandker
IRS990/Form990PartVIISectionAGrp/PersonNm2Mohammed R chowdhury
IRS990/Form990PartVIISectionAGrp/PersonNm3Mohammad M Khuda
IRS990/Form990PartVIISectionAGrp/PersonNm4Mohammed A Wadud
IRS990/Form990PartVIISectionAGrp/PersonNm5Shamim Ahmed
IRS990/Form990PartVIISectionAGrp/PersonNm6Shahedul Islam
IRS990/Form990PartVIISectionAGrp/PersonNm7Nazrul Islam
IRS990/Form990PartVIISectionAGrp/PersonNm8Mohammad Ali
IRS990/Form990PartVIISectionAGrp/PersonNm9Nishad Hoque
IRS990/Form990PartVIISectionAGrp/PersonNm10Maj General Abdus salam Chowdhury
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/TitleTxt0Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt2Principal Advisor
IRS990/Form990PartVIISectionAGrp/TitleTxt3Member Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt4Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt5Executive Member
IRS990/Form990PartVIISectionAGrp/TitleTxt6President, BOD
IRS990/Form990PartVIISectionAGrp/TitleTxt7Executive Member
IRS990/Form990PartVIISectionAGrp/TitleTxt8Executive Member
IRS990/Form990PartVIISectionAGrp/TitleTxt9Secretary General, BOD
IRS990/Form990PartVIISectionAGrp/TitleTxt10Country Director
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr02000
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt019
IRS990/GrantAmt0166800
IRS990/GrantsPayableGrp/BOYAmt070678
IRS990/GrantsPayableGrp/EOYAmt018231
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0217921
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt011
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIIIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt01052
IRS990/InformationTechnologyGrp/TotalAmt01052
IRS990/InsuranceGrp/TotalAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0During its years of operation since the yaer 2000, the organization helped around 12000 children and currently more than 1000 children in various districts in Bangladesh receiving sponsorship grants which enable them to get education otherwise unavailable to them. New programs helps qualified students to recive graduate education in different area
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0true
IRS990/NetAssetsOrFundBalancesBOYAmt0100670
IRS990/NetAssetsOrFundBalancesEOYAmt0127446
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt06132
IRS990/OccupancyGrp/TotalAmt06132
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0444
IRS990/OfficeExpensesGrp/TotalAmt0444
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Software data hosting
IRS990/OtherExpensesGrp/Desc1Telephone internet
IRS990/OtherExpensesGrp/Desc2Bank charges
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0689
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1181
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt275
IRS990/OtherExpensesGrp/TotalAmt0689
IRS990/OtherExpensesGrp/TotalAmt1181
IRS990/OtherExpensesGrp/TotalAmt275
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0Sarwar B Salam
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM SERVICE REVENUE
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0217921
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0173557
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt030343
IRS990/PYProgramServiceRevenueAmt0235911
IRS990/PYRevenuesLessExpensesAmt032011
IRS990/PYTotalExpensesAmt0203900
IRS990/PYTotalRevenueAmt0235911
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt026776
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0217921
IRS990/RoyaltiesGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PrivateFoundation170Ind0X
IRS990ScheduleA/PrivateFoundation509Ind0X
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt02
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt01
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt0166800
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0South Asia
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0PROVIDE EDUCATIONAL ASSISTANCE TO CHILDREN
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0PROGRAM SERVICES
IRS990ScheduleF/BoycottCountriesInd0false
IRS990ScheduleF/ForeignCorpOwnershipInd0false
IRS990ScheduleF/ForeignIndividualsGrantsGrp/CashGrantAmt0166800
IRS990ScheduleF/ForeignIndividualsGrantsGrp/MannerOfCashDisbursementTxt0cash
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RecipientCnt01200
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RegionTxt0South Asia
IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt0Education expenses
IRS990ScheduleF/ForeignIndividualsGrantsGrp/ValuationMethodUsedDesc0Book
IRS990ScheduleF/ForeignPartnershipInd0false
IRS990ScheduleF/GrantRecordsMaintainedInd0true
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt0166800
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt0cash distributed
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0For education assistance to needy children
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt0South Asia
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc0Book
IRS990ScheduleF/InterestInForeignTrustInd0false
IRS990ScheduleF/PassiveForeignInvestmestCoInd0false
IRS990ScheduleF/SubtotalEmployeesCnt02
IRS990ScheduleF/SubtotalOfficesCnt01
IRS990ScheduleF/SubtotalSpentAmt0166800
IRS990ScheduleF/Total501c3OrgCnt01
IRS990ScheduleF/TotalEmployeeCnt02
IRS990ScheduleF/TotalOfficeCnt01
IRS990ScheduleF/TotalSpentAmt0166800
IRS990ScheduleF/TransferToForeignCorpInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TOTAL REVENUE FOR 2019 WAS COLLECTED IN 2019 FOR PROGRAM SERVICES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PROGRAM SERVICE EXPENDITURE IN BANGLADESH WAS 166800 DURING THE YEAR, THESE WERE PAID IN THE FORM OF A GRANT NONE EQUAL TO OR HIGHER THAN 5000
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VIII, Section 2a, Line 2A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part IX, Section GRANTS, Line 166800
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0182668
IRS990/TotalAssetsEOYAmt0150817
IRS990/TotalAssetsGrp/BOYAmt0182668
IRS990/TotalAssetsGrp/EOYAmt0150817
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt08033
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt016312
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0166800
IRS990/TotalFunctionalExpensesGrp/TotalAmt0191145
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt081998
IRS990/TotalLiabilitiesEOYAmt023371
IRS990/TotalLiabilitiesGrp/BOYAmt081998
IRS990/TotalLiabilitiesGrp/EOYAmt023371
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0100670
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0127446
IRS990/TotalProgramServiceExpensesAmt0191144
IRS990/TotalProgramServiceRevenueAmt0217921
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0217921
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0182668
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0150817
IRS990/TravelGrp/ManagementAndGeneralAmt0933
IRS990/TravelGrp/TotalAmt0933
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/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0Sarwar B Salam
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Chairman
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-09-14
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/AtSubmissionCreationDeviceId053CE86F5DA045725D4FC01C4E664B5E3FBA20C13
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId053CE86F5DA045725D4FC01C4E664B5E3FBA20C13
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt047.16.138.219
ReturnHeader/FilingSecurityInformation/IPDt02020-09-14
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm015:14:19
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SARWAR B SALAM CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0475 MCDONALD AVENUE 2ND FLOOR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BROOKLYN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011218
ReturnHeader/PreparerPersonGrp/PhoneNum07184364601
ReturnHeader/PreparerPersonGrp/PreparationDt02020-09-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Sarwar B Salam
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02020-09-14T02:49:59-00:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$150,817
Liabilities
$23,371
Net assets
$127,446
Revenue
$217,921
Expenses
$191,145
Net income
$26,776
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