Optimist International 16040 Colonial Heights VA

EIN: 546052626

Colonial Heights, VA

Total Revenue
$9,281
Total Expenses
$29,180
Total Assets
$75,400
Net Assets
$75,400
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1953
Legal Domicile
VA
Principal Officer
William Johnson
Phone
8045209383
Tax Period
2019-10-01 to 2020-09-30

Optimist International 16040 Colonial Heights VA, founded in 1953, is a micro nonprofit that reported $9K in total revenue in fiscal year 2019. Revenue fell 59% from the prior year — a significant decline worth monitoring. Expenses of $29K exceeded revenue, resulting in a 214% operating deficit.

Mission

Provide community service programs,youth activites and scholarships

Program Service Accomplishments

Program 1
Expenses: $4,051 Revenue: $0

Community & Youth Service Programs: Provides sport activities. Children Christmas toys, Youth appreiation, Communication contests and other simular activities. Activities run by 40plus volunteers...

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Community & Youth Service Programs: Provides sport activities. Children Christmas toys, Youth appreiation, Communication contests and other simular activities. Activities run by 40plus volunteers throughout the year and available to over 1,000 local youth.

Program 2
Expenses: $2,000 Revenue: $0

Youth College Scholarships: Scholarships to local students based on need, essay, oratorical and other contests. Activities run by 10 plus volunteers throughout the year and available to over 500...

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Youth College Scholarships: Scholarships to local students based on need, essay, oratorical and other contests. Activities run by 10 plus volunteers throughout the year and available to over 500 local youth.

Program 3
Expenses: $629 Revenue: $0

Community and Youth Donations: Funds donation requests from youth and community service organizations such as After Prom Committee, Kids After School programs, Back to School Program, Summer Reading...

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Community and Youth Donations: Funds donation requests from youth and community service organizations such as After Prom Committee, Kids After School programs, Back to School Program, Summer Reading Program donation in normal years. Donations determined by organization's Board of Directors

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $4,643
Program Service Revenue $743
Investment Income $181
Other Revenue $3,714
TOTAL REVENUE $9,281

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $6,680
Other Expenses $29,180
TOTAL EXPENSES $29,180

Year-over-Year Comparison

2019 2018 Change
Revenue $9,281 $22,566 -0.6%
Expenses $29,180 $38,110 -0.2%
Net Income $-19,899 $-15,544 +0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
13
Independent Members
13
Employees
N/A
Volunteers
56

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Barry DeLozier President 2.00
Officer
$0 $0 $0
Carol Bennett Vice President 2.00
Officer
$0 $0 $0
Sue DeLozier Vice President 2.00
Officer
$0 $0 $0
Linda Sullivan Secretary 2.00
Officer
$0 $0 $0
Ryan Lester Treasurer/Past President 2.00
Officer
$0 $0 $0
Amanda Craft Director 1.00
Director
$0 $0 $0
Betsy Johnson Director 1.00
Director
$0 $0 $0
Page Foster Director 1.00
Director
$0 $0 $0
Tom Shearen Director 1.00
Director
$0 $0 $0
Dannie Edwards Director 1.00
Director
$0 $0 $0
Chester Grizzard Director 1.00
Director
$0 $0 $0
Barbara Grizzard Director 1.00
Director
$0 $0 $0
Barbara Rhoads Director 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2020 $9,281 $29,180 $75,400 $-19,899
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