Civic Intelligence

The Optimist Inc

990 • Fiscal year 2020 • EIN 11-3571622

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 08, 2021

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

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • NTEE P20 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • NTEE P20 • <$500k nonprofits • Source year 2020

Net Margin

28th percentile

-4.3%

Higher net margin than 28% of similar nonprofits.

2020 filings • NTEE P20 • <$500k nonprofits • Source year 2020

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

2020 filings • NTEE P20 • <$500k nonprofits • Source year 2020

Asset Growth

16th percentile

-25%

Faster asset growth than 16% of similar nonprofits.

2020 filings • NTEE P20 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

45th percentile

-14%

Faster revenue growth than 45% of similar nonprofits.

2020 filings • NTEE P20 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets55th percentile

Assets

Down

$113,581

Down $37,236 (-25%) from 2019

Net Assets

Down

$113,581

Down $13,865 (-11%) from 2019

Liabilities

Down

$0

Down $23,371 (-100%) from 2019

Revenue And Expenses
Liabilities / Revenue55th percentileNet Margin28th percentile

Revenue

Down

$187,481

Down $30,440 (-14%) from 2019

Expenses

Up

$195,506

Up $4,361 (+2.3%) from 2019

Net Income

Down

-$8,025

Down $34,801 (-130%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth16th 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

2020

Assets$113,581
Liabilities$0
Net Assets$113,581
Open 2020 Filing

Operations Trend

Revenue Growth45th 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

2020

Revenue$187,481
Expenses$195,506
Net Income-$8,025
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 8, 2021
Return Version
2020v4.1
Gross Receipts
$187,481
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
Cash and Non-Interest-Bearing Accounts$121,607$113,581▼ $8,026
Cap Stk Tr Prin Current Funds$127,446$113,581▼ $13,865
Accounts Receivable$29,210--
Total Assets$150,817$113,581▼ $37,236
Liabilities
Grants Payable$18,231--
Accounts Payable and Accrued Expenses$5,140--
Total Liabilities$23,371$0▼ $23,371
Net Assets / Fund Balance
Net Assets Without Donor Restrictions-$113,581-
Total Net Assets Fund Balance$127,446$113,581▼ $13,865
Total Liabilities and Net Assets / Fund Balance$150,817$113,581▼ $37,236
Compensation and Service Providers
Top Officer Pay81st 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
$187,481
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-8,025
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$167,175
Other Expenses$28,331
Total Fundraising Expense$1,055
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$158,755--$158,755
Fees for Services Management-$10,117-$10,117
Fees for Services Accounting-$8,522-$8,522
Grants to Domestic Orgs$8,420--$8,420
Occupancy-$4,211-$4,211
Office Expenses-$1,467-$1,467
All Other Expenses--$1,055$1,055
Other Expenses-$179-$179
Total Functional Expenses$167,175$27,276$1,055$195,506
International Activity

International Summary

Offices
1
Employees
2
Spending
$158,755

International Compliance

Foreign grant records maintained
Yes

International Activities

RegionActivityServicesOfficesEmployeesSpending
South AsiaProgram ServicesProvide Educational Assistance to Children12$158,755
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
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
2021-11-08
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 X, Section Total Liability, Line Line 26

“No liability including liability for grant payable at thr end of the year”

Raw XML Appendix369 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/BOYAmt05140
IRS990/AccountsReceivableGrp/BOYAmt029210
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/FundraisingAmt01055
IRS990/AllOtherExpensesGrp/TotalAmt01055
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/BOYAmt0127446
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt0113581
IRS990/CashNonInterestBearingGrp/BOYAmt0121607
IRS990/CashNonInterestBearingGrp/EOYAmt0113581
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/CYGrantsAndSimilarPaidAmt0167175
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt028331
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0187481
IRS990/CYRevenuesLessExpensesAmt0-8025
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0195506
IRS990/CYTotalFundraisingExpenseAmt01055
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0187481
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt00
IRS990/Desc0More service districts were created to expand the program, local programs for purchasing and supplying Covid-19 supplies to Hospitals and families in local service area
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EmploymentTaxReturnsFiledInd0false
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt0195506
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt08522
IRS990/FeesForServicesAccountingGrp/TotalAmt08522
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt010117
IRS990/FeesForServicesManagementGrp/TotalAmt010117
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0true
IRS990/ForeignCountryCd0BG
IRS990/ForeignFinancialAccountInd0true
IRS990/ForeignGrantsGrp/ProgramServicesAmt0158755
IRS990/ForeignGrantsGrp/TotalAmt0158755
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/GrantAmt0167175
IRS990/GrantsPayableGrp/BOYAmt018231
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt08420
IRS990/GrantsToDomesticOrgsGrp/TotalAmt08420
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0187481
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartXInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt00
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/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0127446
IRS990/NetAssetsOrFundBalancesEOYAmt0113581
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0113581
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt04211
IRS990/OccupancyGrp/TotalAmt04211
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01467
IRS990/OfficeExpensesGrp/TotalAmt01467
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/Desc3Postage
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0807
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11866
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2107
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3179
IRS990/OtherExpensesGrp/TotalAmt0807
IRS990/OtherExpensesGrp/TotalAmt11866
IRS990/OtherExpensesGrp/TotalAmt2107
IRS990/OtherExpensesGrp/TotalAmt3179
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0Sarwar B Salam
IRS990/PriorPeriodAdjustmentsAmt0-5840
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM SERVICE REVENUE
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0187481
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0166800
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt024345
IRS990/PYProgramServiceRevenueAmt0217921
IRS990/PYRevenuesLessExpensesAmt026776
IRS990/PYTotalExpensesAmt0191145
IRS990/PYTotalRevenueAmt0217921
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-8025
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0187481
IRS990/RoyaltiesGrp/TotalAmt00
IRS990ScheduleA/PrivateFoundation170Ind0X
IRS990ScheduleA/PrivateFoundation509Ind0X
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt02
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt01
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt0158755
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0South Asia
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0PROVIDE EDUCATIONAL ASSISTANCE TO CHILDREN
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0PROGRAM SERVICES
IRS990ScheduleF/GrantRecordsMaintainedInd0true
IRS990ScheduleF/SubtotalEmployeesCnt02
IRS990ScheduleF/SubtotalOfficesCnt01
IRS990ScheduleF/SubtotalSpentAmt0158755
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0The Organization has written criteria for making grants to receipients and follow them every year
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I Line 1
IRS990ScheduleF/TotalEmployeeCnt02
IRS990ScheduleF/TotalOfficeCnt01
IRS990ScheduleF/TotalSpentAmt0158755
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No liability including liability for grant payable at thr end of the year
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part X, Section Total Liability, Line Line 26
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0true
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0150817
IRS990/TotalAssetsEOYAmt0113581
IRS990/TotalAssetsGrp/BOYAmt0150817
IRS990/TotalAssetsGrp/EOYAmt0113581
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt01055
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt027276
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0167175
IRS990/TotalFunctionalExpensesGrp/TotalAmt0195506
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt023371
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt023371
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0127446
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0113581
IRS990/TotalProgramServiceExpensesAmt0195506
IRS990/TotalProgramServiceRevenueAmt0187481
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0187481
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0150817
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0113581
IRS990/TravelGrp/TotalAmt00
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/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0Sarwar B Salam
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Chairman
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-08
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/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/PreparationDt02021-11-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Sarwar B Salam
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02021-11-08T10:16:28-00:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$113,581
Liabilities
$0
Net assets
$113,581
Revenue
$187,481
Expenses
$195,506
Net income
-$8,025
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