Nonprofit · EIN 82-3745515
OPTIMA FOUNDATION INC
Tax-exempt · NAPLES, FL 34109
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,429,852 | $842,151 | $587,701 | $4,122,188 | $1,289,193 | $2,832,995 |
| December 31, 2023 | 990 | $635,543 | $467,991 | $167,552 | $3,506,880 | $1,261,587 | $2,245,293 |
| June 30, 2023 | 990 (amended) | $3,488,835 | $3,473,407 | $15,428 | $3,443,625 | $1,365,884 | $2,077,741 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $321,510
- Program service revenue
- $847,063
- Investment income
- $258,832
- Other revenue
- $2,447
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $209,131
- Salaries, compensation and benefits (total)
- $241,313
- Professional fundraising fees
- $0
- Legal fees
- $104,729
- Accounting fees
- $4,000
- Travel
- $5,848
- Depreciation
- $4,706
- Program services (functional)
- $718,155
- Management and general (functional)
- $123,996
Balance sheet and other
- Total assets, start of year
- $3,506,880
- Total assets, end of year
- $4,122,188
- Total liabilities, end of year
- $1,289,193
- Net assets, end of year
- $2,832,995
- Net assets without donor restrictions
- $2,832,995
- Gross unrelated business income
- $1,108,342
- Gross receipts
- $1,429,852
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2017
- State of legal domicile
- FL
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MADDY VIGIL | CHIEF OPERATING OFFICER Officer | 40 | $130,000 |
| ERIKA DONALDS | PRESIDENT Trustee or director | 10 | $0 |
| CAROL MANNING | DIRECTOR Trustee or director | 1 | $0 |
| LOUISE PENTA | DIRECTOR Trustee or director | 1 | $0 |
| THOMAS WALSH | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ERIKA DONALDS | PRESIDENT Trustee or director, Officer | 15 | $0 |
| BOB HARDEN | DIRECTOR Trustee or director | 1 | $0 |
| CAROL MANNING | DIRECTOR Trustee or director | 1 | $0 |
| LOUISE PENTA | DIRECTOR Trustee or director | 1 | $0 |
| THOMAS WALSH | DIRECTOR Trustee or director | 1 | $0 |
| MADDY VIGIL | CHIEF ADMINISTRATIVE OFFICER Officer | 40 | $0 |
990 for the year ended June 30, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ERIKA DONALDS | CEO Trustee or director, Officer | 40 | $0 |
| BOB HARDEN | DIRECTOR Trustee or director | 0 | $0 |
| CAROL MANNING | DIRECTOR Trustee or director | 0 | $0 |
| LOUISE PENTA | DIRECTOR Trustee or director | 0 | $0 |
| THOMAS WALSH | DIRECTOR Trustee or director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 3369 PINE RIDGE RD UNIT 204, NAPLES, FL 34109-3932
- In care of
- % ERIKA DONALDS
- Mailing address (990-N for 2018)
- 15275 Collier Blvd STE 201 to 299, Naples FL 34119
- Principal officer (990 for 2024)
- ERIKA DONALDS, 3369 PINE RIDGE RD 204, NAPLES, FL 34109
- Principal officer (990-N for 2018)
- Erika Donalds, 14642 Indigo Lakes Circle, Naples FL 34119
- Signed the 990
- ERIKA DONALDS, PRESIDENT
- Phone
- (239) 449-8599
- Website
- www.optimaed.org
- Return prepared by
- CEIBA CPAS AND CONSULTANTS LLC
Mission
TO CHAMPION EDUCATION FREEDOM BY EMPOWERING FAMILIES AND VISIONARIES THROUGH CLASSICAL AND INNOVATIVE ACADEMIC SOLUTIONS.
Program accomplishments
- TO CHAMPION EDUCATION FREEDOM BY EMPOWERING FAMILIES AND VISIONARIES THROUGH CLASSICAL AND INNOVATIVE ACADEMIC SOLUTIONS.Expenses $718,155
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 82-3745515
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2019
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B90)
- Assets (IRS master file)
- $4,122,188
- Income (IRS master file)
- $1,429,852
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,429,852 | $842,151 | $4,122,188 | XML |
| 990 | December 2023 | $635,543 | $467,991 | $3,506,880 | XML |
| 990 | June 2023 | $3,488,835 | $3,473,407 | $3,443,625 | XML |
| 990 | June 2022 | $4,156,778 | $2,879,295 | $2,977,209 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990-N for 2018 Officer: Erika Donalds | June 30, 2019 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 82-3745515).
Questions about OPTIMA FOUNDATION INC
- What is the EIN of OPTIMA FOUNDATION INC?
- The employer identification number (EIN) of OPTIMA FOUNDATION INC is 82-3745515.
- Is OPTIMA FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
- Are donations to OPTIMA FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does OPTIMA FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of OPTIMA FOUNDATION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did OPTIMA FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of OPTIMA FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names ERIKA DONALDS.
- Who are the officers and directors of OPTIMA FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 5 people; 1 received compensation from the organization, the highest $130,000 (MADDY VIGIL, CHIEF OPERATING OFFICER).
- How much revenue does OPTIMA FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,429,852, expenses of $842,151 and total assets of $4,122,188 at year end.
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