Civic Intelligence

Optimist International Foundation

990 • Fiscal year 2015 • EIN 23-7102928

Oct 01, 2014 to Sep 30, 2015 • Filed on Feb 01, 2016

4494 Lindell BoulevardSt Louis, MO 63108

(314) 371-6000

Siviq Scores

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

Liabilities / Assets

75th percentile

0.51x

Higher debt load relative to assets than 75% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Liabilities / Revenue

87th percentile

1.79x

Higher debt load relative to revenue than 87% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Net Margin

89th percentile

43%

Higher net margin than 89% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Top Officer Pay

51st percentile

$120,251

Higher top officer pay than 51% of similar nonprofits.

Top officer pay equals 5.4% of source-year revenue.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Asset Growth

75th percentile

10%

Faster asset growth than 75% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Revenue Growth

90th percentile

57%

Faster revenue growth than 90% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Assets

Up

$7,769,955

Up $722,004 (+10%) from 2014

Net Assets

Up

$3,799,843

Up $516,032 (+16%) from 2014

Liabilities

Up

$3,970,112

Up $205,972 (+5.5%) from 2014

Revenue

Up

$2,222,941

Up $803,911 (+57%) from 2014

Expenses

Down

$1,272,072

Down $191,754 (-13%) from 2014

Net Income

Up

$950,869

Up $995,665 (+2223%) from 2014

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2011: $5,646,220Liabilities 2011: $3,499,561Net Assets 2011: $2,146,6592011Assets 2012: $6,244,869Liabilities 2012: $3,630,193Net Assets 2012: $2,614,6762012Assets 2013: $6,614,267Liabilities 2013: $3,653,305Net Assets 2013: $2,960,9622013Assets 2014: $7,047,951Liabilities 2014: $3,764,140Net Assets 2014: $3,283,8112014Assets 2015: $7,769,955Liabilities 2015: $3,970,112Net Assets 2015: $3,799,8432015Assets 2016: $8,893,214Liabilities 2016: $4,561,795Net Assets 2016: $4,331,4192016Assets 2017: $9,666,742Liabilities 2017: $4,782,356Net Assets 2017: $4,884,3862017Assets 2018: $10,139,338Liabilities 2018: $4,929,529Net Assets 2018: $5,209,8092018Assets 2019: $10,030,315Liabilities 2019: $4,869,820Net Assets 2019: $5,160,4952019Assets 2020: $11,240,808Liabilities 2020: $5,108,990Net Assets 2020: $6,131,8182020Assets 2021: $14,028,554Liabilities 2021: $6,342,471Net Assets 2021: $7,686,0832021Assets 2022: $11,587,997Liabilities 2022: $6,240,549Net Assets 2022: $5,347,4482022Assets 2023: $11,982,405Liabilities 2023: $5,316,313Net Assets 2023: $6,666,0922023Assets 2024: $14,334,284Liabilities 2024: $5,386,109Net Assets 2024: $8,948,1752024

Highlighted filing

2015

Assets$7,769,955
Liabilities$3,970,112
Net Assets$3,799,843

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $1,461,1602011Expenses 2012: $1,522,7872012Expenses 2013: $1,628,0122013Revenue 2014: $1,419,030Expenses 2014: $1,463,826Net Income 2014: -$44,7962014Revenue 2015: $2,222,941Expenses 2015: $1,272,072Net Income 2015: $950,8692015Revenue 2016: $1,641,476Expenses 2016: $1,486,151Net Income 2016: $155,3252016Revenue 2017: $1,404,718Expenses 2017: $1,513,808Net Income 2017: -$109,0902017Revenue 2018: $1,651,426Expenses 2018: $1,637,977Net Income 2018: $13,4492018Revenue 2019: $1,717,844Expenses 2019: $1,612,224Net Income 2019: $105,6202019Revenue 2020: $1,674,642Expenses 2020: $1,483,434Net Income 2020: $191,2082020Revenue 2021: $1,571,942Expenses 2021: $1,592,363Net Income 2021: -$20,4212021Revenue 2022: $2,205,847Expenses 2022: $1,538,569Net Income 2022: $667,2782022Revenue 2023: $1,778,246Expenses 2023: $1,644,415Net Income 2023: $133,8312023Revenue 2024: $1,776,980Expenses 2024: $1,884,300Net Income 2024: -$107,3202024

Highlighted filing

2015

Revenue$2,222,941
Expenses$1,272,072
Net Income$950,869
Jump To
Filing Snapshot
Filing Period
Oct 1, 2014 to Sep 30, 2015
Signed
Feb 1, 2016
Return Version
2014v6.0
Gross Receipts
$2,222,941
Mission and Program Overview

Mission

The optimist international foundation, incorporated in february 1971, is a foundation and charitable corporation established for the general purpose of soliciting and receiving gifts, donations and bequests of money and property to be used for the furtherance of the charitable and educational efforts and activities of optimist international. The foundation also acts as a custodian and investment manager for various funds that have been donated to or accumulated by optimist international clubs. The foundation supports optimist international programs.

Optimist international foundation was incorporated to solicit and receive gifts of money and property to be used for the furtherance of the charitable and educational efforts of optimist international.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$5,665,360$5,560,023▼ $105,337
Pledges and Grants Receivable$252,395$1,050,610▲ $798,215
Other Notes and Loans Receivable, Net$586,674$558,401▼ $28,273
Cash and Non-Interest-Bearing Accounts$179,465$277,594▲ $98,129
Land, Buildings, and Equipment, Net$30,563$29,258▼ $1,305
Inventories for Sale or Use$30,000$18,000▼ $12,000
Prepaid Expenses and Deferred Charges$4,498$4,817▲ $319
Total Assets$7,047,951$7,769,955▲ $722,004
Other Assets Total$298,996$271,252▼ $27,744
Liabilities
Other Liabilities$1,885,560$2,134,286▲ $248,726
Grants Payable$1,303,367$1,288,030▼ $15,337
Accounts Payable and Accrued Expenses$575,213$547,796▼ $27,417
Total Liabilities$3,764,140$3,970,112▲ $205,972
Net Assets / Fund Balance
Permanently Rstr Net Assets$2,269,941$2,225,139▼ $44,802
Temporarily Rstr Net Assets$1,065,835$1,038,076▼ $27,759
Unrestricted Net Assets$-51,965$536,628▲ $588,593
Total Net Assets Fund Balance$3,283,811$3,799,843▲ $516,032
Total Liabilities and Net Assets / Fund Balance$7,047,951$7,769,955▲ $722,004

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,204$258,876$261,080
Other Land Buildings$26,750-$26,750
Leasehold Improvements$304$10,689$10,993

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2014$2,650,058$63,089▼ $80,970-$2,568,497
2013$2,294,118$149,287▲ $289,237-$2,650,058
2012$2,178,071$210,232▲ $253,302$250,000$2,294,118
2011$2,249,599$40,596▲ $191,762$250,000$2,178,071
2010$2,191,972$176,907▼ $48,625-$2,249,599
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Steve SkodakSecretary/executive DirectFT$105,159$15,092$120,251

Board Members and Trustees

NameTitle
Melvin BettsPresident
Edwin E FinnPresident-elect
Sandra WilliamsDirector
William H TeagueDirector
Don CrallTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,890,021
Program Service Revenue
$0
Investment Income
$321,429
Other Revenue
$11,491
All Other Contributions
$1,890,021
Change in Net Assets
$950,869

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,222,941
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-434,837
Total Revenue per Audited Statements
$1,788,104
Total Revenue per Form 990
$2,222,941
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$790,692
Salaries, Compensation, and Employee Benefits$303,944
Other Expenses$177,436
Total Fundraising Expense$94,618
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$483,433--$483,433
Grants to Domestic Individuals$307,259--$307,259
Other Salaries and Wages$82,226$29,509$20,888$132,623
Current Officers, Directors, Trustees, and Key Employees$79,071$28,376$20,086$127,533
Conferences and Meetings$20,821$27,335-$48,156
All Other Expenses$4,657$17,499$2,078$24,234
Other Employee Benefits$14,700$5,276$3,735$23,711
Payroll Taxes$11,971$4,296$3,041$19,308
Office Expenses-$2,290$16,013$18,303
Fees for Services Accounting-$14,000-$14,000
Depreciation Depletion$8,162$2,073$2,929$13,164
Other Expenses$20,131$12,696$8,306$8,306
Fees for Services Other-$1,025-$1,025
Pension Plan Contributions$477$171$121$769
Insurance--$508$508
Total Functional Expenses$1,032,908$144,546$94,618$1,272,072

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,272,072
Total Expenses per Audited Statements$1,272,072
Total Expenses per Form 990$1,272,072
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Optimist International-501(c)(4)Charitable, Literary$177,821
Optimist Club of Nebraska City NeNebraska City, NE501(c)(4)Charitable, Literary$20,800
Optimist Club of Taylorvile IlTerre Haute, IN501(c)(4)Charitable, Literary$10,500
Optimist Club of Danville VaDanville, VA501(c)(4)Fund Oratorial Contest$10,000
Optimist Club of Terre Haute inSt Louis, MO501(c)(4)Charitable, Literary$9,800
Optimist Club of Platte County MoKansas City, MO501(c)(4)Charitable, Literary$7,100
Optimist Club of Elk Grove CAElk Grove, CA501(c)(4)Charitable, Literary$7,000
Optimist Club of DenverDenver, CO501(c)(4)Charitable, Literary$6,951
Optimist Club of Centerville-noon OhCenterville, OH501(c)(4)Charitable, Literary$6,000
North Carolina East DistrictBailey, NC501(c)(4)Charitable, Literary$5,980
Optimist Club of Perdido Bay AlTaylorville, IL501(c)(4)Charitable, Literary$5,760
Optimist Club of Leesburg VaLeesburg, VA501(c)(4)Charitable, Literary$5,475
Optimist Club of Jennings LaJennings, LA501(c)(4)Charitable, Literary$5,100
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Member Clubs$1,758,022
Gift Annuities Payable$240,150
Due to Optimist International$136,114
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

The foundation has outsourced the accounting function to optimist international, which is a separate exempt organization. The foundation's accounting activities are performed by connie pellock and michelle hayes at optimist international. Utilizing information prepared by optimist international, the foundation's executive director and the board of directors monitor the accounting activity and financial performance of the foundation on a periodic basis.

Form 990, Part VI, Section A, Line 8B

The organization does not currently have any formal committees of the board of directors that have the authority to act on behalf of the board of directors.

Form 990, Part VI, Section B, Line 11

The form 990 is reviewed by management and provided to the board of directors for review and approval at a regularly scheduled monthly board meeting. After review and approval by the board of directors, the form 990 is filed with the irs by management.

Form 990, Part VI, Section B, Line 12C

Board members annually review a list of vendors and suppliers to determine conflicts of interest.

Form 990, Part VI, Section B, Line 15A

The board of directors approved the salary of the foundation's current executive director based on comparisons for similar positions in similar not-for-profit organizations. The comparative information was accumulated by the foundation during the search for a new executive director in a prior year. On an annual basis, the board of directors reviews the executive director's performance to determine if a change in compensation is warranted. The foundation does not have any key employees or highly compensated employees other than the executive director.

Form 990, Part VI, Section C, Line 19

The various documents are available upon written request addressed to the foundation's office.

Filing and Contact Details

Filer

Filer Name
Optimist International Foundation
EIN
23-7102928
Phone
3143716000
Address
4494 LINDELL BOULEVARD, ST LOUIS, MO 63108

Signing Officer

Name
Edwin Finn
Title
Board President
Phone
3143716000
Signed
2016-02-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Edwin Finn
Formed
1971
Legal Domicile
Mo
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
1,185

Preparer

Firm
Rubinbrown Llp
Address
ONE NORTH BRENTWOOD, SAINT LOUIS, MO 63105
Preparer
Brent W Stevens
Phone
3142903300
Supplemental Narrative

Additional Explanations

Schedule R

Optimist international foundation (the foundation) is affiliated with optimist international (the organization), which is a separate 501(c)(4) entity. The foundation and the organization have separate governing bodies and separate officers. However, the foundation was established in prior years to collect contributions from the general public and establish program services that further execute the organization's charitable and literary activities. The foundation utilizes the organization to process payroll transactions on its behalf. While the foundation does employ four individuals (including the executive director of the foundation), all required payroll filings (w-2, w-3, 941) are filed by the organization under the organization's federal employer identification number. The foundation reimburses the organization for 100% of the payroll costs incurred for these four employees, which amounted to $303,944 for the year ended september 30, 2015. Two of the foundations former employees are participants in a defined benefit pension plan sponsored by the organization. One of the former employees, who was the former executive director of the foundation, is currently receiving benefit payments from the plan (the frequency and amount of which are determined according to the plan document). On an annual basis, the foundation makes a payment to the organization related to the plan. However for the year ended september 30, 2015 no reimbursement payment was made. The foundation holds a long term note receivable from the organization. During the current fiscal year, total repayments of interest and principal on the loan from the organization to the foundation amounted to $56,965. On a periodic basis, the organization advances operating funds to the foundation.

Form 990, Part IV, Questions 14, 15 and 16

The foundation has a relationship with an organization based in canada - the optimist international foundation of canada (canadian foundation). The canadian foundation is a separate legal entity, and has a separate board of directors. There are no common board members between the foundation and the canadian foundation. Several years ago, the foundation advanced funds to the canadian foundation to cover certain operating costs. This amount has been recorded on the foundation's financial statements as a receivable. No formal repayment agreement exists, however the canadian foundation has been making payments to the foundation on a periodic basis to reduce the amount of the advance. The total amount due from the canadian foundation at september 30, 2015 amounted to $6,680.

FORM 990, PART XI, LINE 9:

Change in value of charitable gift annuities and split interest agreements -31,106.

Financial Statement Notes

PART V, LINE 4:

The foundation's endowment consists of 46 donor-restricted endowments and a board-designated quasi-endowment. The donor-restricted endowments have been established for a variety of purposes by the donors. The majority of the donor-restricted endowment funds are intended to be kept in perpetuity, with the earnings generated from the invested funds to be utilized for scholarships granted to individuals in the united states. The board-designated quasi-endowment is intended to generate investment returns, which are also utilized to fund scholarships to individuals.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Change in value of charitable gift annuities and split interest agreements -31,106.

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IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/FundraisingAmt0508
IRS990/InsuranceGrp/TotalAmt0508
IRS990/InventoriesForSaleOrUseGrp/BOYAmt030000
IRS990/InventoriesForSaleOrUseGrp/EOYAmt018000
IRS990/InvestmentIncomeGrp/ExclusionAmt0321429
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0321429
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt05665360
IRS990/InvestmentsPubTradedSecGrp/EOYAmt05560023
IRS990/IRPDocumentCnt010
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0269565
IRS990/LandBldgEquipBasisNetGrp/BOYAmt030563
IRS990/LandBldgEquipBasisNetGrp/EOYAmt029258
IRS990/LandBldgEquipCostOrOtherBssAmt0298823
IRS990/LegalDomicileStateCd0MO
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE OPTIMIST INTERNATIONAL FOUNDATION, INCORPORATED IN FEBRUARY 1971, IS A FOUNDATION AND CHARITABLE CORPORATION ESTABLISHED FOR THE GENERAL PURPOSE OF SOLICITING AND RECEIVING GIFTS, DONATIONS AND BEQUESTS OF MONEY AND PROPERTY TO BE USED FOR THE FURTHERANCE OF THE CHARITABLE AND EDUCATIONAL EFFORTS AND ACTIVITIES OF OPTIMIST INTERNATIONAL. THE FOUNDATION ALSO ACTS AS A CUSTODIAN AND INVESTMENT MANAGER FOR VARIOUS FUNDS THAT HAVE BEEN DONATED TO OR ACCUMULATED BY OPTIMIST INTERNATIONAL CLUBS. THE FOUNDATION SUPPORTS OPTIMIST INTERNATIONAL PROGRAMS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt03283811
IRS990/NetAssetsOrFundBalancesEOYAmt03799843
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-403731
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/FundraisingAmt016013
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02290
IRS990/OfficeExpensesGrp/TotalAmt018303
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0298996
IRS990/OtherAssetsTotalGrp/EOYAmt0271252
IRS990/OtherChangesInNetAssetsAmt0-31106
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt03735
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt05276
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt014700
IRS990/OtherEmployeeBenefitsGrp/TotalAmt023711
IRS990/OtherExpensesGrp/Desc0VOLUNTEER ACTIVITIES
IRS990/OtherExpensesGrp/Desc1COLLECTORS' PLATES
IRS990/OtherExpensesGrp/Desc2BANK CHARGES
IRS990/OtherExpensesGrp/Desc3DONOR AWARDS
IRS990/OtherExpensesGrp/FundraisingAmt016913
IRS990/OtherExpensesGrp/FundraisingAmt18306
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt012696
IRS990/OtherExpensesGrp/ProgramServicesAmt020131
IRS990/OtherExpensesGrp/TotalAmt020131
IRS990/OtherExpensesGrp/TotalAmt116913
IRS990/OtherExpensesGrp/TotalAmt212696
IRS990/OtherExpensesGrp/TotalAmt38306
IRS990/OtherLiabilitiesGrp/BOYAmt01885560
IRS990/OtherLiabilitiesGrp/EOYAmt02134286
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/ExclusionAmt011491
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt011491
IRS990/OtherRevenueTotalAmt011491
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt020888
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt029509
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt082226
IRS990/OtherSalariesAndWagesGrp/TotalAmt0132623
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0586674
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0558401
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt03041
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04296
IRS990/PayrollTaxesGrp/ProgramServicesAmt011971
IRS990/PayrollTaxesGrp/TotalAmt019308
IRS990/PensionPlanContributionsGrp/FundraisingAmt0121
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0171
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0477
IRS990/PensionPlanContributionsGrp/TotalAmt0769
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt02269941
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt02225139
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0252395
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01050610
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04498
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt04817
IRS990/PrincipalOfficerNm0EDWIN FINN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0ORATORICAL CONTEST SCHOLARSHIPS: AN ANNUAL SPEECH COMPETITION WITH OVER 40,000 ENTRANTS. SCHOLARSHIPS ARE AWARDED AT THE DISTRICT LEVEL IN CONTESTS LOCATED IN THE UNITED STATES.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0178009
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0178009
IRS990/ProgSrvcAccomActy3Grp/Desc0CLUB GRANT PROGRAMS: GRANTS FOR MEMBER CLUBS UTILIZED FOR CHARITABLE, LITERARY AND EDUCATIONAL PROGRAMS AT THE DIRECTION OF THE FOUNDATION IN CONJUNCTION WITH SUPPORT FROM THE MEMBER CLUBS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0244770
IRS990/ProgSrvcAccomActy3Grp/GrantAmt0244770
IRS990/ProgSrvcAccomActyOtherGrp/Desc0YOUTH CLUB PROGRAMS: SCHOLARSHIPS TO SUPPORT YOUTH CLUB PROGRAMS AND ACTIVITIES. TOTAL EXPENSES FOR THE YEAR ENDED SEPTEMBER 30, 2015, AMOUNTED TO $89,699, ALL OF WHICH WERE SCHOLARSHIPS MADE TO INDIVIDUALS LIVING INSIDE THE UNITED STATES. ESSAY CONTEST SCHOLARSHIPS PROGRAM: AN ANNUAL COMPETITION FOR HIGH SCHOOL STUDENTS WITH OVER 25,000 ENTRANTS. SCHOLARSHIPS ARE AWARDED TO INDIVIDUALS LIVING IN THE UNITED STATES. TOTAL EXPENSES FOR THE YEAR ENDED SEPTEMBER 30, 2015, AMOUNTED TO $91,000, ALL OF WHICH WERE SCHOLARSHIPS.COMMUNICATIONS CONTEST FOR THE DEAF AND HARD OF HEARING SCHOLARSHIPS PROGRAM (CCDHH): A PROGRAM THAT AWARDS SCHOLARSHIPS TO DISTRICT WINNERS. SCHOLARSHIPS ARE AWARDED TO EACH INDIVIDUAL WINNER AND ARE PAYABLE UPON RECEIPT OF THE CORRECT PAPERWORK FROM AN INSTITUTION OF HIGHER LEARNING. TOTAL EXPENSES FOR THE YEAR ENDED SEPTEMBER 30, 2015, AMOUNTED TO $38,250, ALL OF WHICH WERE SCHOLARSHIPS MADE TO INDIVIDUALS.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0218949
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt0218949
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01173869
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0919027
IRS990/PYInvestmentIncomeAmt0240726
IRS990/PYOtherExpensesAmt0223963
IRS990/PYOtherRevenueAmt04435
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-44796
IRS990/PYSalariesCompEmpBnftPaidAmt0320836
IRS990/PYTotalExpensesAmt01463826
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01419030
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0950869
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01890021
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01173869
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01227820
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01172700
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01063508
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt06527918
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0321429
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0131449
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0141325
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0157485
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0160090
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0911778
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt07659
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt011491
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt04435
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt04197
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt09498
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt04237
IRS990ScheduleA/OtherIncome170Grp/TotalAmt033858
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.78020
IRS990ScheduleA/PublicSupportPY170Pct00.88420
IRS990ScheduleA/PublicSupportTotal170Amt05830860
IRS990ScheduleA/SubstantialContributorsTotAmt0697058
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01890021
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01173869
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01227820
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01172700
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01063508
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt06527918
IRS990ScheduleA/TotalSupportAmt07473554
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/ScheduleBRequiredInd01
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.07000
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt02650058
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt063089
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt02568497
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt063680
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-80970
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt02294118
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0149287
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt02650058
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt082584
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0289237
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt02178071
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0210232
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt02294118
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt097487
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0253302
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt0250000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt02249599
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt040596
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt02178071
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt053886
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0191762
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt0250000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt02191972
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0176907
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt02249599
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt070655
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-48625
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt02204
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0258876
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0261080
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01272072
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0304
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt010689
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt010993
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-403731
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt026750
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt026750
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01758022
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1240150
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2136114
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO MEMBER CLUBS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1GIFT ANNUITIES PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2DUE TO OPTIMIST INTERNATIONAL
IRS990ScheduleD/OtherRevenueAmt0-31106
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.74000
IRS990ScheduleD/RevenueNotReportedAmt0-434837
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02222941
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION'S ENDOWMENT CONSISTS OF 46 DONOR-RESTRICTED ENDOWMENTS AND A BOARD-DESIGNATED QUASI-ENDOWMENT. THE DONOR-RESTRICTED ENDOWMENTS HAVE BEEN ESTABLISHED FOR A VARIETY OF PURPOSES BY THE DONORS. THE MAJORITY OF THE DONOR-RESTRICTED ENDOWMENT FUNDS ARE INTENDED TO BE KEPT IN PERPETUITY, WITH THE EARNINGS GENERATED FROM THE INVESTED FUNDS TO BE UTILIZED FOR SCHOLARSHIPS GRANTED TO INDIVIDUALS IN THE UNITED STATES. THE BOARD-DESIGNATED QUASI-ENDOWMENT IS INTENDED TO GENERATE INVESTMENT RETURNS, WHICH ARE ALSO UTILIZED TO FUND SCHOLARSHIPS TO INDIVIDUALS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1CHANGE IN VALUE OF CHARITABLE GIFT ANNUITIES AND SPLIT INTEREST AGREEMENTS -31,106.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.19000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt029258
IRS990ScheduleD/TotalExpensesPerForm990Amt01272072
IRS990ScheduleD/TotalLiabilityAmt02134286
IRS990ScheduleD/TotalRevenuePerForm990Amt02222941
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01788104
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01272072
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0178009
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt138250
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt291000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0ORATORICAL SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1CCDHH SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt2ESSAY CONTEST SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt076
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt126
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt239
IRS990ScheduleI/RecipientTable/CashGrantAmt010000
IRS990ScheduleI/RecipientTable/CashGrantAmt15100
IRS990ScheduleI/RecipientTable/CashGrantAmt26951
IRS990ScheduleI/RecipientTable/CashGrantAmt37100
IRS990ScheduleI/RecipientTable/CashGrantAmt45980
IRS990ScheduleI/RecipientTable/CashGrantAmt56000

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.3$5.39$8.95$1.78$1.88$0.11
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.0$5.32$6.67$1.78$1.64$0.13
2022Detailed filing. Detailed filing data is available for this year.$11.6$6.24$5.35$2.21$1.54$0.67
2021Detailed filing. Detailed filing data is available for this year.$14.0$6.34$7.69$1.57$1.59$0.02
2020Detailed filing. Detailed filing data is available for this year.$11.2$5.11$6.13$1.67$1.48$0.19
2019Detailed filing. Detailed filing data is available for this year.$10.0$4.87$5.16$1.72$1.61$0.11
2018Detailed filing. Detailed filing data is available for this year.$10.1$4.93$5.21$1.65$1.64$0.01
2017Detailed filing. Detailed filing data is available for this year.$9.67$4.78$4.88$1.40$1.51$0.11
2016Detailed filing. Detailed filing data is available for this year.$8.89$4.56$4.33$1.64$1.49$0.16
2015Detailed filing. Detailed filing data is available for this year.$7.77$3.97$3.80$2.22$1.27$0.95
2014Detailed filing. Detailed filing data is available for this year.$7.05$3.76$3.28$1.42$1.46$0.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.61$3.65$2.96$1.63
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.24$3.63$2.61$1.52
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.65$3.50$2.15$1.46