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Optimist Club Of Malibu Charitable Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 912102426 ✦ Malibu, CA ✦ Designated as a 501(c)(3)

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Overview

What is Optimist Club Of Malibu Charitable Foundation?

The Optimist Club of Malibu Charitable Foundation is a nonprofit organization situated in Malibu, California, with a primary focus on providing scholarships and financial aid. Their mission includes offering two types of scholarships worth $1,000 each to deserving college students. Additionally, the foundation is associated with "Friend of Youth," which seems to be an integral part of their work. The foundation's goal is to support young individuals in their academic pursuits and contribute to their future success.

Is Optimist Club Of Malibu Charitable Foundation legitimate?

Optimist Club Of Malibu Charitable Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Optimist Club Of Malibu Charitable Foundation submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

What is the mission statement of Optimist Club Of Malibu Charitable Foundation?

The Optimist Club Of Malibu Charitable Foundation is dedicated to providing financial aid and scholarships. Their mission includes offering 12 scholarships worth $1000 each for college students and 9 scholarships worth $1000 each. Additionally, they are associated with the "Friend of Youth" initiative. This organization aims to support young individuals financially, contributing to their higher education and future prospects.

Who is the CEO of Optimist Club Of Malibu Charitable Foundation?

Mona Kyle is the President of Optimist Club Of Malibu Charitable Foundation.

What is the revenue of Optimist Club Of Malibu Charitable Foundation?

Optimist Club Of Malibu Charitable Foundation's revenue in 2022 was $33,126.

Who are the executives of Optimist Club Of Malibu Charitable Foundation and what are their salaries?


Here are 10 key members and their salaries:


Mona Kyle (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fiona Corrigan (Treasure)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sam Bruttomesso (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bonnie Lockrem (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tarek Shraibat (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rene Williams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Avesta Carrera (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lou Drobnick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margaret Haupman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marie Wexler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Optimist Club Of Malibu Charitable Foundation?

Optimist Club Of Malibu Charitable Foundation's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Optimist Club Of Malibu Charitable Foundation

The Optimist Club of Malibu Charitable Foundation is a nonprofit organization dedicated to providing financial aid and scholarships. Its primary mission is twofold: to award 12 $1000 college scholarships and 9 $1000 college scholarships, and to serve as a Friend of Youth. This multifaceted mission demonstrates the organization's commitment to supporting young individuals in their educational pursuits and fostering their growth. By offering these scholarships, the foundation provides a financial cushion for students, enabling them to focus on their studies without the burden of excessive financial strain. Additionally, the organization's role as a Friend of Youth suggests a broader commitment to the well-being and development of young people, although the specifics of this aspect of their mission are not detailed in the provided information.

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Impact




October, 2024

The Optimist Club of Malibu Charitable Foundation significantly impacts the local community by providing financial support to students through its scholarship initiatives. By awarding dozens of $1,000 college scholarships, the foundation helps ease the financial burden of higher education for deserving youth in Malibu. This support not only empowers students to pursue their academic goals but also fosters a culture of optimism and hope for the future. The foundation’s commitment to education enriches the community by promoting the growth and development of young individuals, positioning them for success in their careers and life.




This information is meant to be a general summary of Optimist Club Of Malibu Charitable Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$33,126 (2022)
Expenses
$22,341 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $39,658

Assets and Liabilities:

  • Total Assets: $14,586
  • Total Liabilities: $0
  • Net Assets: $14,586

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Organization Details

Principal Officer

Mona Kyle

Main Address

PO BOX 501, MALIBU, CA, 902650501

NTEE Category

Code: B82 - Education

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