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Summer 2014 • 23
Total number of New Members who joined Optimist International was 10,843.
The organization fnished the year with a surplus from operations of $86,876.
Total unrestricted net assets increased by $187,692 to an ending balance of $1,177,231.
At September 30, 2013, the defned beneft pension plan had a funded status of $461,514.
Optimist International Foundation awarded grants of $248,713 in support of Optimist programs.
Optimist Clubs teamed up in support of the organization’s Childhood Cancer Campaign mission, “Optimist International shall be the leading force to rid the world of childhood cancer.” Funds in the amount of $100,000 were paid to Johns Hopkins for research. Plus, Childhood Cancer Campaign matching grants totaling over $49,000 were awarded throughout the year.
Questions regarding the organization’s fnances are always welcome and should be directed to (800) 500-8130 ext. 202 or email@example.com. To view a copy of Optimist International’s Fiscal Year 2013 Audited Financial Statements, go to the Optimist International website at www.optimist. org and click on Administration.
The Board of Directors, Audit and Finance Committee and staff are continually careful with the funds of Optimist International. During the last fscal year, more than 60% of our expenses were related to the organization’s programs. The following are graphs of the revenue and expenses for the fscal year ended September 30, 2013.
Past International President J.C. St-Onge set goals for the entire Optimist International organization to work as a team to bring in new Members and build new Clubs in order to reach more children throughout the world.
Together, we reached the following achievements during the fscal year ended September 30, 2013:
Teamwork + Common Vision
= Uncommon Results
"Teamwork is the ability to work together toward a common vision. The ability to direct individual accomplishments toward organizational objectives. It is the fuel that allows common people to attain uncommon results."
- Andrew Carnegie
Programs $3,728,089 International Convention $515,447 Volunteer Leadership $636,615 General Management $1,022,980 $5,903,131
Dues and Fees $4,447,986 International Convention $273,006 Grants and donations $248,713 Junior Golf Tournaments $937,614 Sales of Supplies and Royalties $67,403 Miscellaneous $15,285
By Robert McFadyen, Chair of the International Audit and Finance Committee.
Summer2014 Magazine.indd 23 5/27/14 6:01 PM