Civic Intelligence

Maryland Optometric Association

990 • Fiscal year 2017 • EIN 52-0822684

Jan 01, 2017 to Dec 31, 2017 • Filed on May 29, 2018

PO Box 350Stevenson, MD 21153

(410) 870-9662

Siviq Scores

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

Liabilities / Assets

50th percentile

0.07x

Higher debt load relative to assets than 50% of similar nonprofits.

2017 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

51st percentile

0.07x

Higher debt load relative to revenue than 51% of similar nonprofits.

2017 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2017

Net Margin

45th percentile

2.5%

Higher net margin than 45% of similar nonprofits.

2017 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

63rd percentile

$89,246

Higher top officer pay than 63% of similar nonprofits.

Top officer pay equals 14.9% of source-year revenue.

2017 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2017

Asset Growth

63rd percentile

9.5%

Faster asset growth than 63% of similar nonprofits.

2017 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

82nd percentile

19%

Faster revenue growth than 82% of similar nonprofits.

2017 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Up

$553,944

Up $48,142 (+9.5%) from 2016

Net Assets

Up

$513,212

Up $39,859 (+8.4%) from 2016

Liabilities

Up

$40,732

Up $8,283 (+26%) from 2016

Revenue

Up

$599,208

Up $95,531 (+19%) from 2016

Expenses

Up

$584,442

Up $73,003 (+14%) from 2016

Net Income

Up

$14,766

Up $22,528 (+290%) from 2016

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $730,071Liabilities 2011: $106,001Net Assets 2011: $624,0702011Assets 2012: $691,570Liabilities 2012: $106,253Net Assets 2012: $585,3172012Assets 2013: $550,573Liabilities 2013: $51,027Net Assets 2013: $499,5462013Assets 2014: $518,959Liabilities 2014: $66,903Net Assets 2014: $452,0562014Assets 2015: $511,505Liabilities 2015: $42,793Net Assets 2015: $468,7122015Assets 2016: $505,802Liabilities 2016: $32,449Net Assets 2016: $473,3532016Assets 2017: $553,944Liabilities 2017: $40,732Net Assets 2017: $513,2122017Assets 2018: $527,378Liabilities 2018: $54,112Net Assets 2018: $473,2662018Assets 2019: $794,915Liabilities 2019: $41,824Net Assets 2019: $753,0912019Assets 2020: $871,437Liabilities 2020: $41,823Net Assets 2020: $829,6142020Assets 2021: $963,878Liabilities 2021: $41,823Net Assets 2021: $922,0552021Assets 2022: $855,087Liabilities 2022: $41,823Net Assets 2022: $813,2642022Assets 2023: $999,035Liabilities 2023: $41,823Net Assets 2023: $957,2122023Assets 2024: $1,104,356Liabilities 2024: $41,762Net Assets 2024: $1,062,5942024

Highlighted filing

2017

Assets$553,944
Liabilities$40,732
Net Assets$513,212

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2011: $573,3162011Expenses 2012: $541,3132012Revenue 2013: $461,512Expenses 2013: $579,026Net Income 2013: -$117,5142013Revenue 2014: $471,391Expenses 2014: $528,810Net Income 2014: -$57,4192014Revenue 2015: $536,472Expenses 2015: $509,114Net Income 2015: $27,3582015Revenue 2016: $503,677Expenses 2016: $511,439Net Income 2016: -$7,7622016Revenue 2017: $599,208Expenses 2017: $584,442Net Income 2017: $14,7662017Revenue 2018: $548,340Expenses 2018: $528,278Net Income 2018: $20,0622018Revenue 2019: $918,065Expenses 2019: $699,256Net Income 2019: $218,8092019Revenue 2020: $483,051Expenses 2020: $436,063Net Income 2020: $46,9882020Revenue 2021: $598,925Expenses 2021: $567,634Net Income 2021: $31,2912021Revenue 2022: $600,753Expenses 2022: $577,568Net Income 2022: $23,1852022Revenue 2023: $410,707Expenses 2023: $354,555Net Income 2023: $56,1522023Revenue 2024: $436,692Expenses 2024: $416,426Net Income 2024: $20,2662024

Highlighted filing

2017

Revenue$599,208
Expenses$584,442
Net Income$14,766
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 29, 2018
Return Version
2017v2.2
Gross Receipts
$599,208
Mission and Program Overview

Mission

Education & forum for professional development of the optometric profession.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$502,129$531,888▲ $29,759
Cash and Non-Interest-Bearing Accounts$30$13,364▲ $13,334
Accounts Receivable$3,502$8,608▲ $5,106
Land, Buildings, and Equipment, Net$141$84▼ $57
Total Assets$505,802$553,944▲ $48,142
Liabilities
Other Liabilities$2,464$20,776▲ $18,312
Deferred Revenue$29,985$19,956▼ $10,029
Total Liabilities$32,449$40,732▲ $8,283
Net Assets / Fund Balance
Unrestricted Net Assets$278,353$318,212▲ $39,859
Temporarily Rstr Net Assets$195,000$195,000→ $0
Total Net Assets Fund Balance$473,353$513,212▲ $39,859
Total Liabilities and Net Assets / Fund Balance$505,802$553,944▲ $48,142

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$84$746$830
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jennifer CohenExecutive DirectorFT$89,246$89,246

Board Members and Trustees

NameTitle
Bryan RogoffImmediate Past-president
Kevin Johnson OdPresident
Dean Gogerdechi OdPresident - Elect
Whitney Fahrman Od1st Vice President
Alan Glazier2nd Vice President
Jennifer Kungle OdSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$591,245
Investment Income
$7,963
Other Revenue
$0
Change in Net Assets
$14,766
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$443,887
Salaries, Compensation, and Employee Benefits$140,555
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Payments to Affiliates$201,823--$201,823
Other Salaries and Wages-$130,441-$130,441
Conferences and Meetings$86,322--$86,322
Fees for Services Lobbying$38,025$38,025-$76,050
Office Expenses$24,761$24,761-$49,522
Payroll Taxes-$10,114-$10,114
Insurance$4,277$4,277-$8,554
Information Technology$3,585$3,585-$7,170
Travel$2,771$2,771-$5,542
Fees for Services Accounting$2,165$2,165-$4,330
Advertising$1,025$1,025-$2,050
Fees for Services Legal$643$643-$1,286
Fees for Services Other-$1,180-$1,180
Depreciation Depletion-$58-$58
Total Functional Expenses$365,397$219,045$0$584,442
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
In-house lobbying only
No
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Current Year Nondeductible Lobbying and Political Cost$76,050
Total Nondeductible Lobbying and Political Cost$76,050
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Checks Drawn in Excess of Available Bank Balances$20,776
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 7A

Election of members and their rights the association has dues paying members comprised of mainly doctors of optometry that annually elect the board of directors & officers.

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

Organization's process to review form 990 prior to the filing of the tax return, the form 990 is provided to each board member. Each board member reviews the form 990 and responds to the executive director with any questions or comments. Once the questions have been addressed the return is finalized for filing.

Form 990, Part VI, Section B, Line 12C

Enforcement of conflicts policy all officers, directors and key personnel review the conflict of interest policy annually. They sign a form indicating their understanding of the policy and agreeing to bring potential conflicts to the attention of the governing body.

Form 990, Part VI, Section C, Line 19

Governing documents disclosure explanation the association makes its governing documents available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Maryland Optometric Association
EIN
52-0822684
Phone
4108709662
Address
PO BOX 350, STEVENSON, MD 21153

Signing Officer

Name
Jennifer Levy
Title
Executive Director
Phone
4108709662
Signed
2018-05-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jennifer Cohen
Formed
1911
Legal Domicile
Md
Voting Board Members
10
Independent Board Members
10
Employees
2
Volunteers
18

Preparer

Firm
Offit and Roth Pa
Address
2330 WEST JOPPA ROAD SUITE 395, LUTHERVILLE, MD 21093
Preparer
Michael Roth CPA
Phone
4103566600
Raw XML Appendix380 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2PRESIDENT - ELECT
IRS990/Form990PartVIISectionAGrp/TitleTxt31ST VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY/TREASURER
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ELECTION OF MEMBERS AND THEIR RIGHTS THE ASSOCIATION HAS DUES PAYING MEMBERS COMPRISED OF MAINLY DOCTORS OF OPTOMETRY THAT ANNUALLY ELECT THE BOARD OF DIRECTORS & OFFICERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ORGANIZATION'S PROCESS TO REVIEW FORM 990 PRIOR TO THE FILING OF THE TAX RETURN, THE FORM 990 IS PROVIDED TO EACH BOARD MEMBER. EACH BOARD MEMBER REVIEWS THE FORM 990 AND RESPONDS TO THE EXECUTIVE DIRECTOR WITH ANY QUESTIONS OR COMMENTS. ONCE THE QUESTIONS HAVE BEEN ADDRESSED THE RETURN IS FINALIZED FOR FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ENFORCEMENT OF CONFLICTS POLICY ALL OFFICERS, DIRECTORS AND KEY PERSONNEL REVIEW THE CONFLICT OF INTEREST POLICY ANNUALLY. THEY SIGN A FORM INDICATING THEIR UNDERSTANDING OF THE POLICY AND AGREEING TO BRING POTENTIAL CONFLICTS TO THE ATTENTION OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS DISCLOSURE EXPLANATION THE ASSOCIATION MAKES ITS GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0MOA EDUCATION FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0521255996
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(1)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0EDUCATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0PO BOX 350
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0STEVENSON
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd021153
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd01
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0195000
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0195000
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0505802
IRS990/TotalAssetsEOYAmt0553944
IRS990/TotalAssetsGrp/BOYAmt0505802
IRS990/TotalAssetsGrp/EOYAmt0553944
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0219045
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0365397
IRS990/TotalFunctionalExpensesGrp/TotalAmt0584442
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt032449
IRS990/TotalLiabilitiesEOYAmt040732
IRS990/TotalLiabilitiesGrp/BOYAmt032449
IRS990/TotalLiabilitiesGrp/EOYAmt040732
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0473353
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0513212
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0365397
IRS990/TotalProgramServiceRevenueAmt0591245
IRS990/TotalReportableCompFromOrgAmt089246
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0599208
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0599208
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt018
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0505802
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0553944
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt02771
IRS990/TravelGrp/ProgramServicesAmt02771
IRS990/TravelGrp/TotalAmt05542
IRS990/TypeOfOrganizationAssocInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0278353
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0318212
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 350
IRS990/USAddress/CityNm0STEVENSON
IRS990/USAddress/StateAbbreviationCd0MD
IRS990/USAddress/ZIPCd021153
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JENNIFER LEVY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum04108709662
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MARYLAND OPTOMETRIC ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0MARY
ReturnHeader/Filer/EIN0520822684
ReturnHeader/Filer/PhoneNum04108709662
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 350
ReturnHeader/Filer/USAddress/CityNm0STEVENSON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MD
ReturnHeader/Filer/USAddress/ZIPCd021153
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0C559A079A87BAD96C6E65C4EA5CD5319D2E4B5D6
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0C559A079A87BAD96C6E65C4EA5CD5319D2E4B5D6
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0104.192.5.54
ReturnHeader/FilingSecurityInformation/IPDt02018-05-29
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm011:00:02
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0521365930
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0OFFIT AND ROTH PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02330 WEST JOPPA ROAD SUITE 395
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LUTHERVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd021093
ReturnHeader/PreparerPersonGrp/PhoneNum04103566600
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL ROTH CPA
ReturnHeader/ReturnTs02018-07-26T14:53:38-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.10$0.04$1.06$0.44$0.42$0.02
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.00$0.04$0.96$0.41$0.35$0.06
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.86$0.04$0.81$0.60$0.58$0.02
2021Detailed filing. Detailed filing data is available for this year.$0.96$0.04$0.92$0.60$0.57$0.03
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.87$0.04$0.83$0.48$0.44$0.05
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.79$0.04$0.75$0.92$0.70$0.22
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.53$0.05$0.47$0.55$0.53$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.55$0.04$0.51$0.60$0.58$0.01
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.51$0.03$0.47$0.50$0.51$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.51$0.04$0.47$0.54$0.51$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.52$0.07$0.45$0.47$0.53$0.06
2013Detailed filing. Detailed filing data is available for this year.$0.55$0.05$0.50$0.46$0.58$0.12
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.69$0.11$0.59$0.54
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.73$0.11$0.62$0.57