Optimentality EIN 81-2793152 Form 990 (PDF) Claim this org

Optimentality FY2022 filing

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Provides transportation and activities for special needs individuals in Orange County, California. For fiscal year 2022 it reported $780K in revenue, $786K in expenses, and $21K in net assets.Pt I

Type
Public charity (501(c)(3)) · Human Services
Location
Laguna Niguel, CA
Website
www.optimentality.org
Filings
5 on file (2020–2022)
Revenue
$780KFY2022
Expenses
$786K
Net assets
$21K
People
4
Filings
5
Updates
0
More identity details & actions ⌄
EIN  81-2793152 Public charity (501(c)(3)) Laguna Niguel, CA
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Provides transportation and activities for special needs individuals in Orange County, California.
Leadership
Molly Glossip · Executive Director
Money in and out
$780K revenue, $786K expenses
Bottom line
86% program efficiency
Where the money goes · FY2022
Total revenue
$780K
Pt VIII · Ln 12
Total expenses
$786K
Pt IX · Ln 25
Net assets
$21K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$7K
Where spending went · Part IX cols B–D
Program services $0.86 Management & general $0.14
Program efficiency
86%
of spending reaches programs
Operating runway
0.3mo
months of highly liquid reserves at operating expense rate
Surplus margin
-0.9%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$780K
FY2022▲ +42%
Expenses
$786K
FY2022▲ +23%
Total assets
$21K
FY2022▼ -24%
Total liabilities
$0
FY2022
Total revenue
$780K
Pt VIII · Ln 12
Total expenses
$786K
Pt IX · Ln 25
Net assets
$21K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$7K
Total assetsPt X · Ln 16$21K
Program-expense ratioPt IX · col B86%
Voting members of governing bodyPt I · Ln 3pending
Independent voting membersPt I · Ln 4pending

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item COptimentality
EINHdr · item D81-2793152
Principal addressHdr · item CLaguna Niguel, CA
WebsiteHdr · item Jwww.optimentality.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P80)
Ruling yearIRS BMFJul 2016

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1apending
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
See Optimentality executive salaries →

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Mission & Programs · Part III

Where the work happens

3 program services account for $675K of program spending, described in the organization's own filed words · FY2022.
01

Providing respite care to individuals with developmental disabilities and their families.

$675Kprogram expense
02

n a

Pt IX · col B
03

n a

Pt IX · col B

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Statement of Revenue

Part VIII
Program service revenue$751K · 96%
Contributions & grants$29K · 4%
Program service revenue96%$751K
Contributions & grants4%$29K
— government grantsLn 1e$15K
Total revenueLn 12$780K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.86 Management & general $0.14
Program services86%$675K
Management & general14%$111K
Total functional expensesLn 25$786K

Balance Sheet

Part X · end of year
CashLn 1$21K
Total assetsLn 16$21K
Total liabilitiesLn 26$0
Total net assetsLn 32$21K
Months of cash on handcomputed0.3

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $21K · Operating expenses/yr $786K
0.3 months
Where the money goes
Program services
Program services $675K · Total expenses $786K
86%
Management & General
Management & general $111K · Total expenses $786K
14%
Fundraising
Fundraising $0 · Total expenses $786K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $21K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $29K · Total revenue $780K
4%
Government reliance
Government grants $15K · Total revenue $780K
2%
Earned-income share
Program service revenue $751K · Total revenue $780K
96%
Investment reliance
Investment income $0 · Total revenue $780K
0%
Program self-sufficiency
Program service revenue $751K · Total expenses $786K
96%
Growth & trend
Revenue growth (YoY)
This year $780K · Prior year $549K
+42%
Net-asset trend (YoY)
End of year $21K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $780K · Expenses $786K
-0.9%
Liabilities-to-Assets
Total liabilities — · Total assets $21K
Net-asset ratio
Net assets $21K · Total assets $21K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $21K
0%
People & payroll
Highest Reported Total Compensation
Individual Molly Glossip · Reported title Executive Director · Highest reported compensation $0 · Total expenses $786K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $675K · Total expenses $786K
86%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 86%
Overhead ratio 14%
Fundraising cost ratio 0%
Revenue growth 42%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$12K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$844K revenue · ⤓ 990 PDF
FY2023$902K revenue · ⤓ 990 PDF
FY2022$780K revenue · viewing · ⤓ 990 PDF
FY2021$549K revenue · ⤓ 990 PDF
FY2020$590K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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