Civic Intelligence

Optimist International Foundation

990 • Fiscal year 2019 • EIN 23-7102928

Oct 01, 2018 to Sep 30, 2019 • Filed on Feb 22, 2020

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

72nd percentile

0.49x

Higher debt load relative to assets than 72% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Liabilities / Revenue

90th percentile

2.83x

Higher debt load relative to revenue than 90% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Net Margin

60th percentile

6.1%

Higher net margin than 60% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Top Officer Pay

27th percentile

$117,466

Higher top officer pay than 27% of similar nonprofits.

Top officer pay equals 6.8% of source-year revenue.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Asset Growth

29th percentile

-1.1%

Faster asset growth than 29% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Revenue Growth

51st percentile

4.0%

Faster revenue growth than 51% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Assets

Down

$10,030,315

Down $109,023 (-1.1%) from 2018

Net Assets

Down

$5,160,495

Down $49,314 (-0.9%) from 2018

Liabilities

Down

$4,869,820

Down $59,709 (-1.2%) from 2018

Revenue

Up

$1,717,844

Up $66,418 (+4.0%) from 2018

Expenses

Down

$1,612,224

Down $25,753 (-1.6%) from 2018

Net Income

Up

$105,620

Up $92,171 (+685%) from 2018

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

2019

Assets$10,030,315
Liabilities$4,869,820
Net Assets$5,160,495

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

2019

Revenue$1,717,844
Expenses$1,612,224
Net Income$105,620
Jump To
Filing Snapshot
Filing Period
Oct 1, 2018 to Sep 30, 2019
Signed
Feb 22, 2020
Return Version
2018v3.1
Gross Receipts
$1,730,152
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.

To further the efforts of optimist international.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$8,479,203$8,494,010▲ $14,807
Pledges and Grants Receivable$507,879$504,260▼ $3,619
Other Notes and Loans Receivable, Net$464,603$430,084▼ $34,519
Cash and Non-Interest-Bearing Accounts$298,636$269,350▼ $29,286
Savings and Temporary Cash Investments$59,773$0▼ $59,773
Land, Buildings, and Equipment, Net$27,741$28,130▲ $389
Inventories for Sale or Use$18,000$18,000→ $0
Prepaid Expenses and Deferred Charges$4,708$5,028▲ $320
Total Assets$10,139,338$10,030,315▼ $109,023
Other Assets Total$278,795$281,453▲ $2,658
Liabilities
Other Liabilities$2,774,650$2,728,971▼ $45,679
Grants Payable$1,466,298$1,424,960▼ $41,338
Accounts Payable and Accrued Expenses$688,581$715,889▲ $27,308
Total Liabilities$4,929,529$4,869,820▼ $59,709
Net Assets / Fund Balance
Permanently Rstr Net Assets$2,414,769$2,501,016▲ $86,247
Temporarily Rstr Net Assets$1,900,165$1,817,739▼ $82,426
Unrestricted Net Assets$894,875$841,740▼ $53,135
Total Net Assets Fund Balance$5,209,809$5,160,495▼ $49,314
Total Liabilities and Net Assets / Fund Balance$10,139,338$10,030,315▼ $109,023

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,380$144,681$146,061
Other Land Buildings$26,750-$26,750
Leasehold Improvements$0$10,993$10,993

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$3,677,387$72,027▲ $76,352-$3,634,323
2017$3,296,041$126,398▲ $338,477-$3,677,387
2016$2,941,805$61,507▲ $421,828-$3,296,041
2015$2,568,497$86,821▲ $326,959-$2,941,805
2014$2,650,058$63,089▼ $80,970-$2,568,497
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Craig BoringSecretary/executive DirectorFT$107,590$9,876$117,466

Board Members and Trustees

NameTitle
Melvin BannisterPresident
Bill MeyersPresident - Elect
Don SieversDirector
Marc KatzDirector
Jan Oord GravesTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,134,029
Program Service Revenue
$0
Investment Income
$581,688
Other Revenue
$2,127
All Other Contributions
$1,134,029
Change in Net Assets
$105,620

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,717,844
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-154,934
Total Revenue per Audited Statements
$1,562,910
Total Revenue per Form 990
$1,717,844
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,069,018
Salaries, Compensation, and Employee Benefits$298,755
Other Expenses$244,451
Total Fundraising Expense$115,722
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$665,518--$665,518
Grants to Domestic Individuals$403,500--$403,500
Other Salaries and Wages$81,439$27,340$19,832$128,611
Current Officers, Directors, Trustees, and Key Employees$78,415$29,566$20,568$128,549
Fees for Services Other-$52,155-$52,155
Conferences and Meetings$17,297$20,057-$37,354
Office Expenses-$19,202$14,607$33,809
Other Employee Benefits$12,175$4,591$3,194$19,960
Payroll Taxes$11,482$4,329$3,011$18,822
Other Expenses$2,625$13,457$1,545$17,627
Information Technology$10,361$3,718$2,632$16,711
Fees for Services Accounting-$16,000-$16,000
Pension Plan Contributions$1,716$647$450$2,813
Total Functional Expenses$1,305,440$191,062$115,722$1,612,224

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,612,224
Total Expenses per Audited Statements$1,612,224
Total Expenses per Form 990$1,612,224
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
John Hopkins UniversityBaltimore, MD501(c)(3)Childhood Cancer Research$78,803
Optimist InternationalSaint Louis, MO501(c)(4)Charitable, Literary and Educational Activities$43,549
Optimist Club of Taylorville IlTaylorville, IL501(c)(4)Charitable$22,725
Optimist Club of Denver-monaco SouthDenver, CO501(c)(4)Charitable, Literary$15,590
Optimist Club of Chillicothe IlSparland, IL501(c)(4)Charitable, Literary$15,000
Optimist Club of Lincoln-evening - NeLincoln, NE501(c)(4)Charitable, Literary and Educational Activities$15,000
Optimist Club of Winter Haven FlWinter Haven, FL501(c)(4)Charitable$11,350
Optimist Club of Centerville-noon OhCenterville, OH501(c)(4)Charitable, Literary$10,700
Optimist Club of Danville VaDanville, VA501(c)(4)Fund Oratorial Contest$10,000
Optimist Club of Gastonia NcGastonia, NC501(c)(4)Charitable, Literary$7,528
Optimist Club of Kings Mountain NcKings Mountain, NC501(c)(4)Charitable, Literary and Educational Activities$7,227
Optimist Club of Platte County MoKansas City, MO501(c)(4)Charitable, Literary$7,000
Optimist Club of Ashland MoAshland, MO501(c)(4)Childhood Cancer Program Support$6,781
Optimist Club of Des Moines IaDes Moines, IA501(c)(4)Charitable, Literary and Educational Activities$6,200
Take Stock in ChildrenAvon Park, FL501(c)(3)Childhood Cancer Program Support$6,155
Pueblo Oc of TusconTuscon, AZ501(c)(4)Childhood Cancer Program Support$6,020
Optimist Club of Duncan OkDuncan, OK501(c)(4)Charitable, Literary and Educational Activities$6,000
Optimist Club of Plainfield inPlainfield, IN501(c)(4)Charitable, Literary and Educational Activities$6,000
Optimist Club of Fitchburg WiFitchburg, WI501(c)(4)Charitable, Literary$5,515
Optimist Club of Leesburg VaLeesburg, VA501(c)(4)Charitable, Literary and Educational Activities$5,320
Optimist Club of Des Moines - Western-noon IaDes Moines, IA501(c)(4)Charitable, Literary and Educational Activities$5,000
Optimist Club of Festus-crystal City MoFestus, MO501(c)(4)Charitable, Literary$5,000
Optimist Club of Fort Bend-sugar Land TXSugar Land, TX501(c)(4)Charitable, Literary and Educational Activities$5,000
Ronald Mcdonald House Charities of KentuckianaLouisville, KY501(c)(3)Childhood Cancer Program Support$5,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Member Clubs$2,317,410
Due to Optimist International$212,416
Gift Annuities Payable$199,145
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
No

Governance Explanations

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 11B

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
Craig Boring
Title
Secretary/executive Director
Phone
3143716000
Signed
2020-02-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Craig Boring
Formed
1971
Legal Domicile
Mo
Voting Board Members
5
Independent Board Members
5
Employees
7
Volunteers
1,230

Preparer

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

Additional Explanations

FORM 990, PART IV, LINES 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 canadian foundation paid off the balance by september 30, 2016.

FORM 990, PART XI, LINE 9:

Change in value of charitable gift annuities and split interest agreements 15,175. Scholarships awarded in prior years and expired in the current year 144,113.

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 15,175.

Raw XML AppendixShowing 400 of 723 raw XML fields

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

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IRS990/InventoriesForSaleOrUseGrp/BOYAmt018000
IRS990/InventoriesForSaleOrUseGrp/EOYAmt018000
IRS990/InvestmentIncomeGrp/ExclusionAmt0178996
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0178996
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt08479203
IRS990/InvestmentsPubTradedSecGrp/EOYAmt08494010
IRS990/IRPDocumentCnt08
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0155674
IRS990/LandBldgEquipBasisNetGrp/BOYAmt027741
IRS990/LandBldgEquipBasisNetGrp/EOYAmt028130
IRS990/LandBldgEquipCostOrOtherBssAmt0183804
IRS990/LegalDomicileStateCd0MO
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt012308
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/NetAssetsOrFundBalancesBOYAmt05209809
IRS990/NetAssetsOrFundBalancesEOYAmt05160495
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0402692
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0402692
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-314222
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/FundraisingAmt014607
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt019202
IRS990/OfficeExpensesGrp/TotalAmt033809
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0278795
IRS990/OtherAssetsTotalGrp/EOYAmt0281453
IRS990/OtherChangesInNetAssetsAmt0159288
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt03194
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt04591
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt012175
IRS990/OtherEmployeeBenefitsGrp/TotalAmt019960
IRS990/OtherExpensesGrp/Desc0DONOR PLAQUES
IRS990/OtherExpensesGrp/Desc1VOLUNTEER ACTIVITIES
IRS990/OtherExpensesGrp/Desc2COLLECTORS' PLATES
IRS990/OtherExpensesGrp/Desc3OTHER EXPENSES
IRS990/OtherExpensesGrp/FundraisingAmt029317
IRS990/OtherExpensesGrp/FundraisingAmt120566
IRS990/OtherExpensesGrp/FundraisingAmt21545
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt013457
IRS990/OtherExpensesGrp/ProgramServicesAmt020912
IRS990/OtherExpensesGrp/ProgramServicesAmt12625
IRS990/OtherExpensesGrp/TotalAmt029317
IRS990/OtherExpensesGrp/TotalAmt120912
IRS990/OtherExpensesGrp/TotalAmt220566
IRS990/OtherExpensesGrp/TotalAmt317627
IRS990/OtherLiabilitiesGrp/BOYAmt02774650
IRS990/OtherLiabilitiesGrp/EOYAmt02728971
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/ExclusionAmt02127
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02127
IRS990/OtherRevenueTotalAmt02127
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt019832
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt027340
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt081439
IRS990/OtherSalariesAndWagesGrp/TotalAmt0128611
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0464603
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0430084
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt03011
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04329
IRS990/PayrollTaxesGrp/ProgramServicesAmt011482
IRS990/PayrollTaxesGrp/TotalAmt018822
IRS990/PensionPlanContributionsGrp/FundraisingAmt0450
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0647
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt01716
IRS990/PensionPlanContributionsGrp/TotalAmt02813
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt02414769
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt02501016
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0507879
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0504260
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04708
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt05028
IRS990/PrincipalOfficerNm0CRAIG BORING
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/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/ProgSrvcAccomActy2Grp/ExpenseAmt0300109
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0300109
IRS990/ProgSrvcAccomActy3Grp/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/ProgSrvcAccomActy3Grp/ExpenseAmt0263500
IRS990/ProgSrvcAccomActy3Grp/GrantAmt0263500
IRS990/ProgSrvcAccomActyOtherGrp/Desc0YOUTH CLUB PROGRAMS: SCHOLARSHIPS TO SUPPORT YOUTH CLUB PROGRAMS AND ACTIVITIES. TOTAL EXPENSES FOR THE YEAR ENDED SEPTEMBER 30, 2019, AMOUNTED TO $85,400, 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, 2019, AMOUNTED TO $97,500, 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, 2019, AMOUNTED TO $42,500, ALL OF WHICH WERE SCHOLARSHIPS MADE TO INDIVIDUALS.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0225400
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt0225400
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01151822
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt01192746
IRS990/PYInvestmentIncomeAmt0493691
IRS990/PYOtherExpensesAmt0168621
IRS990/PYOtherRevenueAmt05913
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt013449
IRS990/PYSalariesCompEmpBnftPaidAmt0276610
IRS990/PYTotalExpensesAmt01637977
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01651426
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0105620
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt059773
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLAENOUS INCOME - 2014 AMOUNT: $ 11,491. 2015 AMOUNT: $ 6,583. 2016 AMOUNT: $ 6,480. 2017 AMOUNT: $ 5,913. 2018 AMOUNT: $ 2,127.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01134029
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01151822
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01080329
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01345163
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01890021
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt06601364
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0178996
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0154286
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0317909
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0289730
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0321429
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01262350
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt02127
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt05913
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt06480
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt06583
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt011491
IRS990ScheduleA/OtherIncome170Grp/TotalAmt032594
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.69700
IRS990ScheduleA/PublicSupportPY170Pct00.70740
IRS990ScheduleA/PublicSupportTotal170Amt05504064
IRS990ScheduleA/SubstantialContributorsTotAmt01097300
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01134029
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01151822
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01080329
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01345163
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01890021
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt06601364
IRS990ScheduleA/TotalSupportAmt07896308
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/BoardDesignatedBalanceEOYPct00.09280
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt03677387
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt072027
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt03634323
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt0191443
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt076352
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt03296041
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0126398
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt03677387
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt083529
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0338477
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt02941805
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt061507
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt03296041
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt0129099
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0421828
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt02568497
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt086821
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt02941805
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt040472
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0326959
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt02650058
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt063089
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt02568497
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt063680
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-80970
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt01380
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0144681
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0146061
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01612224
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt010993
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt010993
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-314222
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt026750
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt026750
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02317410
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1199145
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2212416
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO MEMBER CLUBS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1GIFT ANNUITIES PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2DUE TO OPTIMIST INTERNATIONAL
IRS990ScheduleD/OtherRevenueAmt015175
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.90720
IRS990ScheduleD/RecoveriesPriorYearGrantsAmt0144113
IRS990ScheduleD/RevenueNotReportedAmt0-154934
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01717844
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 15,175.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt028130
IRS990ScheduleD/TotalExpensesPerForm990Amt01612224
IRS990ScheduleD/TotalLiabilityAmt02728971
IRS990ScheduleD/TotalRevenuePerForm990Amt01717844
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01562910
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01612224
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0263500
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt142500
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt297500
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0ORATORICAL SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1CCDHH SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt2ESSAY CONTEST SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt0131
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt117
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt239
IRS990ScheduleI/RecipientTable/CashGrantAmt010000
IRS990ScheduleI/RecipientTable/CashGrantAmt115590
IRS990ScheduleI/RecipientTable/CashGrantAmt27000
IRS990ScheduleI/RecipientTable/CashGrantAmt310700

Document Assets

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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