Civic Intelligence

Optometry Cares - the Aoa Foundation

990 • Fiscal year 2013 • EIN 23-7292391

Jan 01, 2013 to Dec 31, 2013 • Filed on Nov 17, 2014

243 North Lindbergh BlvdSuite63141-7881

(314) 991-4100

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

56th percentile

0.17x

Higher debt load relative to assets than 56% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Liabilities / Revenue

48th percentile

0.10x

Higher debt load relative to revenue than 48% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Net Margin

27th percentile

-5.0%

Higher net margin than 27% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Top Officer Pay

97th percentile

$390,926

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 38.1% of source-year revenue.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Asset Growth

40th percentile

-0.3%

Faster asset growth than 40% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Assets

Down

$598,630

Down $1,708 (-0.3%) from 2012

Net Assets

Down

$497,951

Down $51,247 (-9.3%) from 2012

Liabilities

Up

$100,679

Up $49,539 (+97%) from 2012

Revenue

$1,026,199

No earlier filing loaded for comparison.

Expenses

Up

$1,077,446

Up $106,143 (+11%) from 2012

Net Income

-$51,247

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0Assets 2011: $1,023,702Liabilities 2011: $520,094Net Assets 2011: $503,6082011Assets 2012: $600,338Liabilities 2012: $51,140Net Assets 2012: $549,1982012Assets 2013: $598,630Liabilities 2013: $100,679Net Assets 2013: $497,9512013Assets 2014: $845,107Liabilities 2014: $138,002Net Assets 2014: $707,1052014Assets 2015: $615,958Liabilities 2015: $79,837Net Assets 2015: $536,1212015Assets 2016: $564,326Liabilities 2016: $98,144Net Assets 2016: $466,1822016Assets 2017: $669,788Liabilities 2017: $187,485Net Assets 2017: $482,3032017Assets 2018: $679,613Liabilities 2018: $144,777Net Assets 2018: $534,8362018Assets 2019: $473,859Liabilities 2019: $150,087Net Assets 2019: $323,7722019Assets 2020: $948,686Liabilities 2020: $643,181Net Assets 2020: $305,5052020Assets 2021: $545,870Liabilities 2021: $68,152Net Assets 2021: $477,7182021Assets 2022: $544,990Liabilities 2022: $68,369Net Assets 2022: $476,6212022Assets 2023: $535,915Liabilities 2023: $64,310Net Assets 2023: $471,6052023Assets 2024: $4,279,418Liabilities 2024: $68,590Net Assets 2024: $4,210,8282024

Highlighted filing

2013

Assets$598,630
Liabilities$100,679
Net Assets$497,951

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $1,445,1302011Expenses 2012: $971,3032012Revenue 2013: $1,026,199Expenses 2013: $1,077,446Net Income 2013: -$51,2472013Revenue 2014: $1,091,914Expenses 2014: $882,760Net Income 2014: $209,1542014Revenue 2015: $778,579Expenses 2015: $949,563Net Income 2015: -$170,9842015Revenue 2016: $949,165Expenses 2016: $1,019,104Net Income 2016: -$69,9392016Revenue 2017: $1,283,881Expenses 2017: $1,267,760Net Income 2017: $16,1212017Revenue 2018: $983,873Expenses 2018: $931,340Net Income 2018: $52,5332018Revenue 2019: $686,743Expenses 2019: $897,807Net Income 2019: -$211,0642019Revenue 2020: $1,106,124Expenses 2020: $1,124,391Net Income 2020: -$18,2672020Revenue 2021: $720,272Expenses 2021: $548,059Net Income 2021: $172,2132021Revenue 2022: $626,345Expenses 2022: $612,788Net Income 2022: $13,5572022Revenue 2023: $513,423Expenses 2023: $509,167Net Income 2023: $4,2562023Revenue 2024: $4,655,552Expenses 2024: $917,391Net Income 2024: $3,738,1612024

Highlighted filing

2013

Revenue$1,026,199
Expenses$1,077,446
Net Income-$51,247
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Nov 17, 2014
Return Version
2013v3.1
Gross Receipts
$1,026,199
Mission and Program Overview

Mission

Expanding eye health and vision care access to everyone in the u.s. In order to enhance human performance and quality of life.

Optometry cares, the aoa foundation, is a charitable organization committed to expanding eye health & vision care access in the us, to enhance human performance & quality of life.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$575,870$383,683▼ $192,187
Accounts Receivable$8,152$121,705▲ $113,553
Prepaid Expenses and Deferred Charges$2,496$5,517▲ $3,021
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$600,338$598,630▼ $1,708
Other Assets Total$13,820$87,725▲ $73,905
Liabilities
Accounts Payable and Accrued Expenses$51,140$100,679▲ $49,539
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$51,140$100,679▲ $49,539
Net Assets / Fund Balance
Temporarily Rstr Net Assets$937,483$934,342▼ $3,141
Permanently Rstr Net Assets$50,000$50,000→ $0
Unrestricted Net Assets$-438,285$-486,391▼ $48,106
Total Net Assets Fund Balance$549,198$497,951▼ $51,247
Total Liabilities and Net Assets / Fund Balance$600,338$598,630▼ $1,708

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$0$46,667$46,667
Other Assets Org$87,725--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2013$92,336---$89,836
2012$94,836---$92,336
2011$97,121-▲ $215-$94,836
2010$99,502-▲ $119-$97,121
2009$101,854-▲ $148-$99,502
Compensation and Service Providers

Employees

NameTitleOtherTotal
Ryan P HayesInterim CFO$149,211$149,211
Timothy J NeyerCFO$114,307$114,307

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,026,199
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$726,199
Change in Net Assets
$-51,247

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,026,199
Revenue Not Reported on Form 990
$1,945,894
Total Revenue per Audited Statements
$2,972,093
Total Revenue per Form 990
$1,026,199
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$656,396
Salaries, Compensation, and Employee Benefits$321,065
Grants and Similar Amounts Paid$99,985
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$209,223$52,306-$261,529
Fees for Services Management$120,000$30,000-$150,000
Advertising$145,346$37-$145,383
Conferences and Meetings$112,611$1,414-$114,025
Fees for Services Other$95,593$6,267-$101,860
Office Expenses$58,412$6,113-$64,525
Grants to Domestic Orgs$58,535--$58,535
Travel$44,834$3,561-$48,395
Grants to Domestic Individuals$41,450--$41,450
Other Employee Benefits$25,846$1,402-$27,248
Other Expenses$25,177$431$0$25,608
Payroll Taxes$17,884$1,724-$19,608
Pension Plan Contributions$11,506$1,174-$12,680
Information Technology$3,223$777-$4,000
Fees for Services Accounting$2,080$520-$2,600
Total Functional Expenses$971,720$105,726$0$1,077,446

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,562,746
Expenses Not Reported on Form 990$1,485,300
Expenses per Audited Statements$1,077,446
Total Expenses per Form 990$1,077,446
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Part VI, Section A, Line 3

Through a management, services, and affiliation agreement, the american optometric association provides staffing and support to optometry cares - the aoa foundation.

Part VI, Section A, Line 6

According to the bylaws, the american optometric association is the sole member of the foundation.

Part VI, Section A, Line 7A

According to the organization's bylaws, the american optometric association appoints, designates or elects the individuals to serve as directors. The board may nominate individuals for consideration by the american optometric association.

Part VI, Section B, Line 11B

A 990 organizer is compiled by the controller. It is reviewed by the financial analyst and is then forwarded to an external accounting firm. It is reviewed and keyed into the electronic 990 forms and returned. The financial analyst performs a second review and forwards the 990 to the cfo. The cfo performs a final review and sends a final copy to the board of trustees for review. The 990 is submitted back to the external accounting firm for submission to the irs.

Part VI, Section B, Line 12C

All employees, directors, volunteers and/or trustees are required annually (and at the initial point of service) to sign the conflict of interest policy and notify the organization of any potential issues. Individuals are not paid or reimbursed for expenses until such disclosure has been submitted to human resources each year. Human resources reviews all completed policies and notifies senior management of any potential conflicts disclosed. Senior management and legal council then review the conflicts disclosed to determine any necessary course of action or disclosure.

Part VI, Section B, Line 15A

The organization utilizes an independent compensation consultant and an independent compensation survey to accumulate a reasonable wage basis for the executive director. The board of trustess annually reviews the information and survey provided by the independent consultant and approves the compensation level of the executive director as documented in a written agreement. The compensation review was performed in june 2012 by cbiz.

Part VI, Section B, Line 15B

The organization utilizes an independent compensation consultant to perform and analyze an independent compensation survey and report those results to human resources for determination of reasonable compensation of all employees. The executive director must approve all employeee wage changes. The compensation review was performed in june 2012 by cbiz.

Part VI, Section C, Line 19

The organization's governing documents, conflicts of interest policy and financial statements are available upon request.

Filing and Contact Details

Filer

EIN
23-7292391
In Care Of
% RYAN HAYES
Phone
3149914100

Signing Officer

Name
Ryan P Hayes
Title
Chief Financial Officer - Aoa
Phone
3149914100
Signed
2014-11-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jonathan F Hymes
Formed
1973
Legal Domicile
Mo
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
32

Preparer

Preparer
Troy A Lindsey
Phone
3149914100
Supplemental Narrative

Additional Explanations

Part III, Line 4D

Other services, including disaster relief, student scholarship endowment funds, book of memory and tributes, and other functions to support our mission of expanding eye health and vision care access for everyone in the u.s. In order to enhance human performance and quality of life.

Financial Statement Notes

Part V, Line 4

The galina fund was established for the purpose of optometric student education scholarships.

Part X, Line 2

Management has evaluated their income tax positions under the guidance included in asc 740. Based on their review, management has not identified any material uncertain tax positions to be recorded or disclosed in the financial statements.

Part XI, Line 2D

Net assets released from restriction 460,594

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IRS990/Form990PartVIISectionAGrp/TitleTxt1MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt5MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8SECRETARY-TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt9MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12INTERIM CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt13CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt14CHIEF ADVANCEMENT OFFICER
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IRS990/MinutesOfCommitteesInd0true
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IRS990/MissionDesc0OPTOMETRY CARES - THE AOA FOUNDATION IS TO EXPAND EYE HEALTH AND VISION CARE ACCESS TO EVERYONE IN THE U.S. IN ORDER TO ENHANCE HUMAN PERFORMANCE AND QUALITY OF LIFE.
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IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt025846
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IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0209223
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IRS990/PayrollTaxesGrp/ProgramServicesAmt017884
IRS990/PayrollTaxesGrp/TotalAmt019608
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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt05517
IRS990/PrincipalOfficerNm0JONATHAN F HYMES
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0VOLUNTEERS IN SERVICE IN OUR NATION ("VISION USA") PROVIDES BASIC EYE, HEALTH, AND VISION SERVICES FREE OF CHARGE TO LOW-INCOME, UNINSURED INDIVIDUALS AND THEIR FAMILIES.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt049697
IRS990/ProgSrvcAccomActy3Grp/Desc0THE ARCHIVES & MUSEUM OF OPTOMETRY IS THE PRIMARY SOURCE OF INFORMATION AND RESOURCES ON THE HISTORY AND EVOLUTION OF OPTOMETRY. ACCESS TO THE INFORMATION STORED HERE IS USED FOR RESEARCH BY OPTOMETRISTS AND OPTOMETRY STUDENTS.
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IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01016893
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IRS990/PYSalariesCompEmpBnftPaidAmt0289851
IRS990/PYTotalExpensesAmt0971303
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IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RelatedOrganizationsAmt0300000
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IRS990/ReportOtherAssetsInd0true
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt01016893
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt01410489
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt02230530
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0919988
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt06604099
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0218
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0119
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0338
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0675
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0218
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0119
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0338
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0675
IRS990ScheduleA/InvestmentIncomeCYPct00.00010
IRS990ScheduleA/InvestmentIncomePYPct00.00178
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IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt015208

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.28$0.07$4.21$4.66$0.92$3.74
2023Detailed filing. Detailed filing data is available for this year.$0.54$0.06$0.47$0.51$0.51$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.54$0.07$0.48$0.63$0.61$0.01
2021Detailed filing. Detailed filing data is available for this year.$0.55$0.07$0.48$0.72$0.55$0.17
2020Detailed filing. Detailed filing data is available for this year.$0.95$0.64$0.31$1.11$1.12$0.02
2019Detailed filing. Detailed filing data is available for this year.$0.47$0.15$0.32$0.69$0.90$0.21
2018Detailed filing. Detailed filing data is available for this year.$0.68$0.14$0.53$0.98$0.93$0.05
2017Detailed filing. Detailed filing data is available for this year.$0.67$0.19$0.48$1.28$1.27$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.56$0.10$0.47$0.95$1.02$0.07
2015Detailed filing. Detailed filing data is available for this year.$0.62$0.08$0.54$0.78$0.95$0.17
2014Detailed filing. Detailed filing data is available for this year.$0.85$0.14$0.71$1.09$0.88$0.21
2013Detailed filing. Detailed filing data is available for this year.$0.60$0.10$0.50$1.03$1.08$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.60$0.05$0.55$0.97
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.02$0.52$0.50$1.45