Optimist International

Not tax-deductible

Morehead, KY501(c)(4) EIN 61-6038425Revenue $334K in FY2024Latest return filed Oct 30, 2025

On file with the IRSMorehead, KYTax-exempt since Feb 1966

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To provide youth services in rowan county.

Form 990 Part I, line 1, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 61-6038425) · Dispute this line
501(c)(4) social-welfare organization; gifts are not tax-deductible as charitable contributions.
100¢ of each $1 spent went to programs.
Run by 816 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(4)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
The IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
The latest return is for FY2024, 2 tax years back.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $40K a year · 14% of revenue · last 5 filings
A surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
100%
of spending
100% of spending went to programs.
Pt IX · Ln 25 · col B
3.1 mo
of spending, in cash
3.1 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $24K
1 funder names it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$6K
0.9% of total assets
Liabilities are 0.9% of assets.
Pt X · Ln 26
Independent board members
10
of 10 voting members
10 of 10 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$334K
+16% vs prior year
Spent
$260K
To programs
100%
Net assets
$605K
By yearFY2020–FY2024
Revenue
$334K
FY2024▲ +16%
Tap a bar for its year
Revenue by fiscal year
FY2020$237K
FY2021$397K
FY2022$203K
FY2023$288K
FY2024$334K
Expenses
$260K
FY2024▼ -1%
Tap a bar for its year
Expenses by fiscal year
FY2020$216K
FY2021$264K
FY2022$254K
FY2023$263K
FY2024$260K
Net assets
$605K
FY2024▲ +14%
Tap a bar for its year
Net assets by fiscal year
FY2020$423K
FY2021$557K
FY2022$506K
FY2023$530K
FY2024$605K

From the FY2024 Form 990 · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Feb 1966.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $260K

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

8 people listed on the 990.

Part VII, Section A · reportable compensation
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
See Optimist International executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Helps young people in Rowan County.

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1 program · $260K · in their own filed words · FY2024
01

Provided scholarship, athletic, educational, and support services for children in rowan county through donations to various youth service organizations and school groups

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 61-6038425) · Dispute this line
$260Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$24K
Grants paid · 15 grants · $481K · 2020–2024
Unitemized GrantFY2024$176,184
Unitemized GrantFY2023$207,466
Individual RecipientFY2022$6,975
Rcshs TheaterFY2022$6,000
Wal-Mart (shop with a Cop)FY2022$5,826
American Legion Post 126FY2021$17,675
Morehead Shop with a CopFY2021$6,801
Rcshs Girls BasketballFY2021$6,600
Legacy SoftballWI · FY2021$6,600
Individual RecipientFY2021$6,450
Individual RecipientFY2021$6,000
Individual RecipientFY2021$5,550
Rcms 8th Grade DC TripFY2020$10,000
Individual RecipientFY2020$6,750
Individual RecipientFY2020$6,000

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$334K
Ln 12
Other incomeLn 4–11$270K
Investment incomeLn 3$41K
Gifts and grantsLn 1h$24K
Money outPt IX
$260K
Ln 25
Programscol B$260K
Owns and owesPt X
$605K
net assets · Ln 32
Cash and savingsLn 1–2$66K
Total assetsLn 16$611K
LiabilitiesLn 26$6K
PeoplePt VI, VII
8
listed · VII A
PaidVII A0
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$24K
Government grantsLn 1e$18K
Investment incomeLn 3$41K
Other incomeLn 4–11$270K
Total revenueLn 12$334K
Assets in detailPt X, end of year
CashLn 1$66K
Cash and savings togetherLn 1–2$66K
Inventories for sale or useLn 8$4K
Other assetsLn 15$540K
Total assetsLn 16$611K
LiabilitiesLn 26$6K
Net assetsLn 32$605K
OperationsPt I, VI
EmployeesI 50
VolunteersI 6816
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$37K$66K
Total assetsLn 16$536K$611K
LiabilitiesLn 26$6K$6K
Net assetsLn 32$530K$605K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$176K$176K
Accounting feesLn 11c$5K$5K
Advertising and promotionLn 12$12K$12K
Office expensesLn 13$14K$14K
Conferences, conventions and meetingsLn 19$121$121
Other expenses (24a–d)Ln 24$52K$52K
All other expensesLn 24e$564$564
Total functional expensesLn 25$260K$260K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest ViewingFiled with the IRS Oct 30, 2025 $334K$260K$74K$605K 990 PDF
FY2023Filed with the IRS Nov 11, 2024 $288K$263K$25K$530K 990 PDF
FY2022Filed with the IRS Nov 9, 2023 $203K$254K−$51K$506K 990 PDF
FY2021Filed with the IRS Jun 20, 2022 $397K$264K$133K$557K 990 PDF
FY2020Filed with the IRS Sep 13, 2021 $237K$216K$21K$423K 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2024 990
Part I · Summary $334,209 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $45,155$23,692
I-9 Program service revenue$0
I-10 Investment incomePrior year $28,408$40,874
I-11 Other revenuePrior year $214,842$269,643
I-12 Total revenuePrior year $288,405$334,209
I-13 Grants and similar amounts paidPrior year $207,466$176,184
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $56,018$83,537
I-18 Total expensesPrior year $263,484$259,721
I-19 Revenue less expensesPrior year $24,921$74,488
Part VI · Governance 10 of 10 board members independent, 4 to look at
VI-1a Voting members of the governing body10
VI-1b Independent voting members10
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $334,209 across 5 lines filed
Lines not itemized here account for $269,643 of total revenue; see the IRS return.
VIII-1b Membership dues$5,279
VIII-1e Government grants$18,413
VIII-1h Total contributions, gifts and grants$23,692
VIII-3 Investment incomeRelated to mission $40,874$40,874
VIII-12 Total revenueRelated to mission $310,517$334,209
Part IX · Statement of functional expenses $259,721 across 7 lines filed
IX-1 Grants to domestic organizationsPrograms $176,184$176,184
IX-11c Accounting feesPrograms $4,550$4,550
IX-12 Advertising and promotionPrograms $12,483$12,483
IX-13 Office expensesPrograms $14,154$14,154
IX-19 Conferences, conventions and meetingsPrograms $121$121
IX-24 Other expenses (24a–d)Programs $51,665$51,665
IX-24e All other expensesPrograms $564$564
IX-25 Total functional expensesPrograms $259,721 · Management $0 · Fundraising $0$259,721
Part X · Balance sheet $610,557 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $37,147$66,311
X-8 Inventories for sale or useStart of year $3,958$3,958
X-15 Other assetsStart of year $488,997$540,288
X-16 Total assetsStart of year $536,069$610,557
X-17 Accounts payable and accrued expensesStart of year $5,570$5,570
X-26 Total liabilitiesStart of year $5,570$5,570
X-27 Net assets without donor restrictionsStart of year $530,499$604,987
X-32 Total net assets or fund balancesStart of year $530,499$604,987
X-33 Total liabilities and net assetsStart of year $536,069$610,557
Part XI · Reconciliation of net assets $604,987 net assets at year end
XI-1 Total revenue$334,209
XI-2 Total expenses$259,721
XI-3 Revenue less expenses$74,488
XI-4 Net assets at start of year$530,499
XI-10 Net assets at end of year$604,987

Form 990 e-file FY2024 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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