Attach to Form 990 or 990-EZ.
Information about Schedule O (Form 990 or 990-EZ) and its instructions is at| Return Reference | Explanation |
|---|---|
| FORM 990, PART III, LINE 3 | JOOI PROGRAM (YOUTH CLUBS) WAS MOVED TO OPTIMIST INTERNATIONAL YOUTH PROGRAMS FOUNDATION. |
| FORM 990, PART VI, SECTION A, LINE 6 | OPTIMIST INTERNATIONAL HAS 2,503 CLUBS AS MEMBERS AS OF SEPTEMBER 30, 2014. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE CLUBS WHICH MAKE UP OPTIMIST INTERNATIONAL ELECT THE BOARD OF DIRECTORS AT THE ANNUAL MEETING. |
| FORM 990, PART VI, SECTION A, LINE 7B | MODIFICATIONS TO THE BYLAWS AND OTHER SIGNIFICANT DECISIONS OF OPTIMIST INTERNATIONAL ARE SUBJECT TO A MEMBERSHIP VOTE AT THE ANNUAL CONVENTION. |
| FORM 990, PART VI, SECTION B, LINE 11 | THE FORM 990 IS REVIEWED BY THE AUDIT AND FINANCE COMMITTEE, THEN BY THE BOARD OF DIRECTORS BEFORE FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE AUDIT AND FINANCE COMMITTEE REVIEWS ALL VENDORS WITH ACTIVITY GREATER THAN $5,000 FOR THE YEAR IN ORDER TO DETERMINE POTENTIAL CONFLICTS. IN ADDITION, ALL DIRECTORS AND COMMITTEE MEMBERS COMPLETE A CONFLICT OF INTEREST FORM AT THE BEGINNING OF EACH FISCAL YEAR, AND ARE REQUIRED TO INFORM THE EXECUTIVE DIRECTOR OF ANY CONFLICTS THAT ARISE. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE BOARD OF DIRECTORS APPROVES THE EXECUTIVE DIRECTOR'S SALARY EACH YEAR. PERIODICALLY, THE BOARD OBTAINS THE RESULTS OF A STUDY OF COMPENSATION PAID TO EXECUTIVES AT SIMILAR ORGANIZATIONS, AND USES IT TO BENCHMARK THE EXECUTIVE DIRECTOR'S SALARY. THE EXECUTIVE DIRECTOR DETERMINES THE SALARY OF OTHER KEY EMPLOYEES IN CONSULTATION WITH THE BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION C, LINE 19 | OPTIMIST INTERNATIONAL MAKES ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. THESE DOCUMENTS ARE AVAILABLE THROUGH THE ORGANIZATION'S WEBSITE. |
| FORM 990, PART XI, LINE 9: | LOSS ON FOREIGN CURRENCY TRANSACTIONS -61,382. PENSION PLAN CHANGES OTHER THAN NET PERIODIC BENEFIT COST 216,386. |
| FORM 990, PART XII, LINE 2C: | AUDIT COMMITTEE THERE WERE NO CHANGES IN THE OVERSIGHT PROCESS OR THE PROCESS FOR SELECTING COMMITTEE MEMBERS. |
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