Optimal Innovation Group exists to provide innovative and affordable tools, trainings, and technology for professionals, organizations, and communities to improve health, wellness, and economic well-being. We work specifically to address health inequities, poverty, and other social issues that prevent people from reaching their potential.

501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2022
latest Form 990
Worth a look: the latest return is for FY2022, 4 tax years back; more than 3 tax years.
IRS e-file · Filing history
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
43 mo
of spending, in cash
Looks good: 43.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $4K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$4K
7% of total assets
Looks good: liabilities are 7% of assets; 50% or less.
Pt X · Ln 26
Independent board members
11
of 11 voting members
Looks good: 11 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$70K
Spent
$16K
To programs
100%
Net assets
$54K
By yearFY2021–FY2022
Revenue
$70K
FY2021
Tap a bar for its year
Revenue by fiscal year
FY2021$70K
FY2022$89K
Net assets
$54K
FY2021
Tap a bar for its year
Net assets by fiscal year
FY2021$54K
FY2022$11K

From the FY2021 Form 990 · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2022) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2022. IRS ruling in Jan 2022.

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% · $16K

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

11 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Matthew Bennett’s $100K as President and Executive Director is at the 97th percentile of top reported officer pay among 202 <$100K human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

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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

Improves health, wellness, and economic well-being with affordable tools and training.

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Provided by the organization

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1 program · $16K · in their own filed words · FY2021
01

The company is focusing on training and technical assistance for its clients that help improve health, wellness, and economic well-being. The trainings and technical assistance are specifically designed to address health inequities, poverty, and other social issues that prevent people from reaching their potential.

$16Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2022
Total grants receivedfrom 1 funder$4K

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$70K
Ln 12
Fees for servicesLn 2g$62K
Gifts and grantsLn 1h$8K
Money outPt IX
$16K
Ln 25
Programscol B$16K
Owns and owesPt X
$54K
net assets · Ln 32
Cash and savingsLn 1–2$58K
Total assetsLn 16$58K
LiabilitiesLn 26$4K
PeoplePt VI, VII
11
listed · VII A
PaidVII A0
Voting boardVI 1a11
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$8K
Fees for servicesLn 2g$62K
Total revenueLn 12$70K
Assets in detailPt X, end of year
CashLn 1$58K
Cash and savings togetherLn 1–2$58K
Total assetsLn 16$58K
LiabilitiesLn 26$4K
Net assetsLn 32$54K
OperationsPt I, VI
EmployeesI 50
VolunteersI 611
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 FY21End FY21
Cash and savingsLn 1–2$58K
Total assetsLn 16$0$58K
LiabilitiesLn 26$0$4K
Net assetsLn 32$0$54K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other fees for servicesLn 11g$6K$6K
Advertising and promotionLn 12$103$103
Office expensesLn 13$329$329
TravelLn 17$1K$1K
InterestLn 20$56$56
InsuranceLn 23$4K$4K
Other expenses (24a–d)Ln 24$5K$5K
All other expensesLn 24e$187$187
Total functional expensesLn 25$16K$16K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2022 Latest $89K$11K 990 PDF
FY2021 Viewing $70K$16K$54K$54K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $69,956 revenue, 12 lines filed
I-8 Contributions and grants$7,761
I-9 Program service revenue$62,195
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenue$69,956
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expenses$15,990
I-18 Total expenses$15,990
I-19 Revenue less expenses$53,966
Part VI · Governance 11 of 11 board members independent, 4 to look at
VI-1a Voting members of the governing body11
VI-1b Independent voting members11
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 $69,956 across 4 lines filed
VIII-1f All other contributions, gifts and grants$7,761
VIII-1h Total contributions, gifts and grants$7,761
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $62,195$62,195
VIII-12 Total revenueRelated to mission $62,195 · Unrelated business $0 · Excluded from tax $0$69,956
Part IX · Statement of functional expenses $15,990 across 8 lines filed
IX-11g Other fees for servicesPrograms $6,000$6,000
IX-12 Advertising and promotionPrograms $103$103
IX-13 Office expensesPrograms $329$329
IX-17 TravelPrograms $1,020$1,020
IX-20 InterestPrograms $56$56
IX-23 InsurancePrograms $3,544$3,544
IX-24 Other expenses (24a–d)Programs $4,751$4,751
IX-24e All other expensesPrograms $187$187
IX-25 Total functional expensesPrograms $15,990 · Management $0 · Fundraising $0$15,990
Part X · Balance sheet $57,892 assets, 6 lines filed
X-1 Cash, non-interest-bearing$57,892
X-16 Total assetsStart of year $0$57,892
X-25 Other liabilitiesStart of year $0$3,926
X-26 Total liabilitiesStart of year $0$3,926
X-32 Total net assets or fund balancesStart of year $0$53,966
X-33 Total liabilities and net assetsStart of year $0$57,892
Part XI · Reconciliation of net assets $53,966 net assets at year end
XI-1 Total revenue$69,956
XI-2 Total expenses$15,990
XI-3 Revenue less expenses$53,966
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$53,966

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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