Civic Intelligence

Optometry Cares - the Aoa Foundation

990 • Fiscal year 2018 • EIN 23-7292391

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 14, 2019

243 North Lindbergh BlvdSt Louis, MO 63141

(314) 991-4100

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.21x

Higher debt load relative to assets than 73% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

72nd percentile

0.15x

Higher debt load relative to revenue than 72% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

55th percentile

5.3%

Higher net margin than 55% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

99th percentile

$447,575

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 45.5% of source-year revenue.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

50th percentile

1.5%

Faster asset growth than 50% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

13th percentile

-23%

Faster revenue growth than 13% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Up

$679,613

Up $9,825 (+1.5%) from 2017

Net Assets

Up

$534,836

Up $52,533 (+11%) from 2017

Liabilities

Down

$144,777

Down $42,708 (-23%) from 2017

Revenue

Down

$983,873

Down $300,008 (-23%) from 2017

Expenses

Down

$931,340

Down $336,420 (-27%) from 2017

Net Income

Up

$52,533

Up $36,412 (+226%) from 2017

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

2018

Assets$679,613
Liabilities$144,777
Net Assets$534,836

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

2018

Revenue$983,873
Expenses$931,340
Net Income$52,533
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 14, 2019
Return Version
2018v3.1
Gross Receipts
$995,484
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 and vision care access in the us.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$437,941$458,147▲ $20,206
Prepaid Expenses and Deferred Charges$3,084$22,000▲ $18,916
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$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$669,788$679,613▲ $9,825
Other Assets Total$228,763$199,466▼ $29,297
Liabilities
Accounts Payable and Accrued Expenses$187,485$144,777▼ $42,708
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$187,485$144,777▼ $42,708
Net Assets / Fund Balance
Temporarily Rstr Net Assets$1,290,661$1,335,177▲ $44,516
Permanently Rstr Net Assets$50,000$50,000→ $0
Unrestricted Net Assets$-858,358$-850,341▲ $8,017
Total Net Assets Fund Balance$482,303$534,836▲ $52,533
Total Liabilities and Net Assets / Fund Balance$669,788$679,613▲ $9,825

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements-$46,667$46,667
Other Assets Org$199,466--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$79,836---$77,336
2017$82,336---$79,836
2016$84,836---$82,336
2015$87,336---$84,836
2014$89,836---$87,336
Compensation and Service Providers

Employees

NameTitleOtherTotal
Ronald L Benner OdMember$44,948$44,948
Jacqueline Bowen OdMember$44,680$44,680

Board Members and Trustees

NameTitle
Joseph Mallinger OdPresident
Kerry Beebe OdVice-president
Renee BraunsAssociate Executive Director
Jonathan F HymesExecutive Director
Ryan P HayesChief Financial Officer
Allan L Barker OdMember
Carol Marusich OdMember
Carol Record OdMember
Cheryl Archer OdMember
Jack Schaeffer OdMember
James Deom OdMember
Jason HarroldMember
T Joel ByarsMember
Peter Kehoe OdSecretary-treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$946,872
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$37,001
All Other Contributions
$746,872
Change in Net Assets
$52,533

Audited Revenue Reconciliation

Revenue per Audited Statements
$571,036
Revenue Not Reported on Financial Statements
$412,837
Revenue Not Reported on Form 990
$1,249,834
Other Revenue Adjustments
$412,837
Total Revenue per Audited Statements
$1,820,870
Total Revenue per Form 990
$983,873
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$445,278
Salaries, Compensation, and Employee Benefits$339,137
Grants and Similar Amounts Paid$146,925
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$248,528--$248,528
Conferences and Meetings$123,518$8,388-$131,906
Fees for Services Management$96,000$24,000-$120,000
Grants to Domestic Orgs$75,950--$75,950
Grants to Domestic Individuals$70,975--$70,975
Advertising$55,265--$55,265
Other Employee Benefits$54,899--$54,899
Office Expenses$36,724$4,309-$41,033
Travel$33,509$5,217-$38,726
Fees for Services Other$23,287$3,391-$26,678
Payroll Taxes$22,779--$22,779
Information Technology$12,940$3,235-$16,175
Pension Plan Contributions$12,931--$12,931
Fees for Services Accounting$2,698$674-$3,372
Other Expenses$2,602$150-$2,752
Total Functional Expenses$881,207$50,133$0$931,340

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,812,852
Expenses per Audited Statements$931,340
Total Expenses per Form 990$931,340
Expenses Not Reported on Form 990$881,512
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Helen Keller Birthplace FoundationTuscumbia, AL501(c)(3)Contribution$9,600
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$48,612
Fundraising Direct Expenses$11,611
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
5k Fun Run/walk$48,612$48,612$11,611$37,001
Total Events$48,612$48,612$11,611$37,001
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, 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.

Form 990, Part VI, Section A, Line 6

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

Form 990, 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.

Form 990, Part VI, Section B, Line 11B

A 990 online organizer is compiled by the controller. It is reviewed by the financial analyst and is then forwarded to an external accounting firm for their review. The information provided in the organizer is then entered into the electronic 990 forms and returned to the foundation. The financial analyst performs a second review and forwards the 990 to the cfo. The cfo then 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.

Form 990, 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 legal each year. Legal reviews all completed policies and notifies senior management of any potential conflicts disclosed. Senior management and legal then determine any necessary course of action or disclosure.

Form 990, Part VI, Section B, Line 15A

The organization utilizes an external consultant to provide a market based compensation range for the executive director at least annually. The personnel committee reviews this information combined with other qualitative factors to accumulate a reasonable wage base as documented in a written agreement.

Form 990, Part VI, Section B, Line 15B

The organization utilizes an external consultant to provide a market based compensation range for every position within the organization at least annually. These ranges are reviewed by human resources to determine any irregularities in accordance with the organization's compensation policy. This last occurred in november 2018.

Form 990, 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

Filer Name
Optometry Cares - The AOA Foundation
EIN
23-7292391
In Care Of
% RYAN P HAYES
Phone
3149914100
Address
243 NORTH LINDBERGH BLVD, ST LOUIS, MO 63141

Signing Officer

Name
Ryan P Hayes
Title
CFO
Phone
3149914100
Signed
2019-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jonathan F Hymes
Formed
1973
Legal Domicile
Mo
Voting Board Members
13
Independent Board Members
13
Employees
0
Volunteers
61

Preparer

Firm
Bkd Llp
Address
211 N BROADWAY SUITE 600, ST LOUIS, MO 63102-2733
Preparer
Troy A Lindsey
Phone
3142315544
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D

Other services, including archives and museum of optometry, healthy eyes healthy children and 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

Schedule D, Part V, Line 4

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

Schedule D, Part IX, 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.

Schedule D, Part XI, Line 2D

Net assets released from restriction $368,322

Schedule D, Part XI, Line 4B

Restricted contributions $412,837

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IRS990/Form990PartVIISectionAGrp/TitleTxt13CHIEF FINANCIAL OFFICER
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0931281
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0764124
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt01086148
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt00

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