Civic Intelligence

A-Optic Inc.

990 • Fiscal year 2011 • EIN 61-1377379

Jul 01, 2010 to Jun 30, 2011 • Filed on May 10, 2012

147 Sycamore Sstreet41501
Siviq Scores

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

Liabilities / Assets

83rd percentile

0.28x

Higher debt load relative to assets than 83% of similar nonprofits.

2011 filings • 501(c)3 • <$500k nonprofits • Source year 2011

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2011

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2011

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2011

Asset Growth

95th percentile

198%

Faster asset growth than 95% of similar nonprofits.

2011 filings • 501(c)3 • <$500k nonprofits • Annualized from 2010 to 2011

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$61,308

Up $40,711 (+198%) from 2010

Net Assets

Up

$44,306

Up $23,709 (+115%) from 2010

Liabilities

Up

$17,002

Up $17,002 from 2010

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$263,291

Down $21,646 (-7.6%) from 2010

Net Income

-

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.

$600K$400K$200K$0-$200KAssets 2010: $20,597Liabilities 2010: $0Net Assets 2010: $20,5972010Assets 2011: $61,308Liabilities 2011: $17,002Net Assets 2011: $44,3062011Assets 2012: $127,839Liabilities 2012: $81,756Net Assets 2012: $46,0832012Assets 2013: $218,539Liabilities 2013: $79,791Net Assets 2013: $138,7482013Assets 2014: $242,428Liabilities 2014: $100,421Net Assets 2014: $142,0072014Assets 2015: $288,013Liabilities 2015: $88,167Net Assets 2015: $199,8462015Assets 2016: $376,586Liabilities 2016: $199,068Net Assets 2016: $177,5182016Assets 2017: $587,884Liabilities 2017: $355,829Net Assets 2017: $232,0552017Assets 2018: $503,559Liabilities 2018: $212,543Net Assets 2018: $291,0162018Assets 2019: $519,713Liabilities 2019: $183,723Net Assets 2019: $335,9902019Assets 2020: $449,044Liabilities 2020: $125,975Net Assets 2020: $323,0692020Assets 2021: $407,869Liabilities 2021: $87,500Net Assets 2021: $320,3692021Assets 2022: $334,542Liabilities 2022: $30,031Net Assets 2022: $304,5112022Assets 2023: $209,669Liabilities 2023: $13,590Net Assets 2023: $196,0792023Assets 2024: $74,306Liabilities 2024: $75,887Net Assets 2024: -$1,5812024

Highlighted filing

2011

Assets$61,308
Liabilities$17,002
Net Assets$44,306

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2010: $383,661Expenses 2010: $284,937Net Income 2010: $98,7242010Expenses 2011: $263,2912011Expenses 2012: $311,4732012Revenue 2013: $405,201Expenses 2013: $312,536Net Income 2013: $92,6652013Revenue 2014: $671,293Expenses 2014: $668,034Net Income 2014: $3,2592014Revenue 2015: $989,191Expenses 2015: $931,352Net Income 2015: $57,8392015Revenue 2016: $829,676Expenses 2016: $852,004Net Income 2016: -$22,3282016Revenue 2017: $985,029Expenses 2017: $930,492Net Income 2017: $54,5372017Revenue 2018: $1,160,834Expenses 2018: $1,101,873Net Income 2018: $58,9612018Revenue 2019: $873,096Expenses 2019: $828,122Net Income 2019: $44,9742019Revenue 2020: $528,500Expenses 2020: $541,421Net Income 2020: -$12,9212020Revenue 2021: $286,799Expenses 2021: $289,499Net Income 2021: -$2,7002021Revenue 2022: $197,950Expenses 2022: $213,808Net Income 2022: -$15,8582022Revenue 2023: $100,121Expenses 2023: $208,553Net Income 2023: -$108,4322023Revenue 2024: $10,500Expenses 2024: $208,160Net Income 2024: -$197,6602024

Highlighted filing

2011

Revenue-
Expenses$263,291
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2010 to Jun 30, 2011
Signed
May 10, 2012
Return Version
2010v3.4
Gross Receipts
$287,000
Mission and Program Overview

Mission

The purpose of a-optic is to promote and enhance the quality and capacity of postdoctoral osteopathic medical education through the joint efforts of a consortium of its members, formed in accord with the standards of the osteopathic association for an osteopathic postdoctoral training institute. To ensure the training of highly competent primary care and other selected specialty osteopathic physicians who will serve the needs of the medically underserved areas of appalachia and other underserved areas of the united states. To coordinate and facilitate scientific research and scholarly activity that fosters osteopathic contributions to the advancement of knowledge. To provide programs and curricula for facility development to create physician leaders and educators to lead the profession into the future. To continually strive to improve training in the art, science, principles and practice of osteopathic medicine.

Filing and Contact Details

Filer

EIN
61-1377379
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IRS990/MissionDescription0THE PURPOSE OF A-OPTIC IS TO PROMOTE AND ENHANCE THE QUALITY AND CAPACITY OF POSTDOCTORAL OSTEOPATHIC MEDICAL EDUCATION THROUGH THE JOINT EFFORTS OF A CONSORTIUM OF ITS MEMBERS, FORMED IN ACCORD WITH THE STANDARDS OF THE OSTEOPATHIC ASSOCIATION FOR AN OSTEOPATHIC POSTDOCTORAL TRAINING INSTITUTE. TO ENSURE THE TRAINING OF HIGHLY COMPETENT PRIMARY CARE AND OTHER SELECTED SPECIALTY OSTEOPATHIC PHYSICIANS WHO WILL SERVE THE NEEDS OF THE MEDICALLY UNDERSERVED AREAS OF APPALACHIA AND OTHER UNDERSERVED AREAS OF THE UNITED STATES. TO COORDINATE AND FACILITATE SCIENTIFIC RESEARCH AND SCHOLARLY ACTIVITY THAT FOSTERS OSTEOPATHIC CONTRIBUTIONS TO THE ADVANCEMENT OF KNOWLEDGE. TO PROVIDE PROGRAMS AND CURRICULA FOR FACILITY DEVELOPMENT TO CREATE PHYSICIAN LEADERS AND EDUCATORS TO LEAD THE PROFESSION INTO THE FUTURE. TO CONTINUALLY STRIVE TO IMPROVE TRAINING IN THE ART, SCIENCE, PRINCIPLES AND PRACTICE OF OSTEOPATHIC MEDICINE.
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IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation0MANAGEMENT HAS EVALUATED THE ORGANIZATION'S TAX POSITIONS AND CONCLUDED THAT THE ORGANIZATION HAS TAKEN NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH GAAP. WITH FEW EXCEPTIONS, THE ORGANIZATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2007.
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IRS990ScheduleO/GeneralExplanation/Explanation0THE ORGANIZATION REVISED THE BY-LAWS TO CHANGE THE BUDGET AND FINANCE COMMITTEE MEMBERSHIP - THE CFO FROM EACH ACADEMIC AREA WAS REMOVED AND THE DEANS NOW SERVE IN THAT CAPACITY. THE ORGANIZATION ADDED A "CURRICULUM/RESEARCH" MEMBER CATEGORY TO ALLOW PEOPLE WHO WANT TO JOIN THE ORGANIZATION, NOT FOR POST-GRADUATE TRAINING, BUT TO COLLABORATE ON RESEARCH AND CURRICULUM PROJECTS. THE NUMBER OF SUB-COMMITTEE MEETINGS WAS REDUCED FROM THREE TO TWO PER YEAR. THE BY-LAWS WERE AMENDED TO MAKE BOARD POSITIONS A TWO YEAR APPOINTMENT.
IRS990ScheduleO/GeneralExplanation/Explanation1MEMBERSHIP IN THE A-OPTIC SHALL BE DETERMINED AND APPROVED BY THE A-OPTIC BOARD OF DIRECTORS. MEMBERSHIP SHALL INCLUDE FOUR (4) CATEGORIES: ASSOCIATE, ACADEMIC, CURRICULUM/RESEARCH, AND SPECIALTY COLLEGE. ACADEMIC AND ASSOCIATE MEMBERS SHALL BE ORGANIZED INTO DISTRICTS. ALL MEMBER INSTITUTIONS MUST RECOGNIZE AND ACCEPT SPECIALTY CERTIFICATION THROUGH THE CERTIFYING BOARDS OF THE AOA AND AMERICAN BOARD OF MEDICAL SPECIALTIES (ABMS) ON AN EQUAL BASIS. ALL ASSOCIATE MEMBER INSTITUTIONS SHALL BE ACTIVELY INVOLVED IN THE TRAINING OF OSTEOPATHIC MEDICINE STUDENTS. ALL MEMBERS SHALL BE BOUND BY THE BYLAWS OF A-OPTIC AS CONSTITUTED AT THE TIME OF ACCEPTANCE AND AS THE BOARD OF DIRECTORS MAY AMEND THEM DURING THE TERM OF MEMBERSHIP AND FOR ANY RENEWAL THEREOF. THE BOARD OF DIRECTORS OF A-OPTIC WILL DETERMINE THE FINANCIAL RESPONSIBILITY OF EACH MEMBER.
IRS990ScheduleO/GeneralExplanation/Explanation2MANAGEMENT REVIEWS THE COMPLETED FORM 990 IN DETAIL AND SENDS THE FORM TO THE BOARD OF DIRECTORS ELECTRONICALLY FOR INDIVIDUAL MEMBER REVIEW. THE FORM WILL BE DISCUSSED AT THE NEXT SCHEDULED MEETING, OR A CONFERENCE CALL MEETING WILL BE SCHEDULED IF THERE IS NO BOARD MEETING PRIOR TO THE SUBMISSION DEADLINE.
IRS990ScheduleO/GeneralExplanation/Explanation3PRIOR TO CONSUMMATING A TRANSACTION OR ACTING UPON A MATTER INVOLVING THE POSSIBLE EXISTENCE OF A DUALITY OR CONFLICT OF INTEREST, THE INDIVIDUAL INVOLVED SHALL MAKE A FULL DISCLOSURE OF ALL RELEVANT FACTS. IN THE CASE OF THE EXECUTIVE DIRECTOR, SUCH DISCLOSURE SHALL BE MADE TO THE BOARD OF DIRECTORS. DISCLOSURE SHALL BE MADE TO THE HUMAN RESOURCE DEPARTMENT OF THE UNIVERSITY OF PIKEVILLE BY OTHER EMPLOYEES WITH EXECUTIVE OR ADMINISTRATIVE RESPONSIBILITIES. IN ADDITION, SUCH INDIVIDUALS, WHETHER AS AN OWNER, DIRECTOR, OFFICER, PARTNER, MANAGEMENT EMPLOYEE, CONSULTANT OR OTHER SIGNIFICANT RELATIONSHIP INVOLVING OWNERSHIP OF GOVERNANCE, WITH ANY OTHER FOR-PROFIT OR NON-PROFIT ENTITY, (I) FROM WHICH THE ORGANIZATION OBTAINS OR MAY BE EXPECTED TO OBTAIN GOODS OR SERVICES; (II) TO WHICH THE ORGANIZATION PROVIDES OR MAY BE EXPECTED TO PROVIDE GOODS OR SERVICES; OR (III) WHICH COMPETES OR MAY BE EXPECTED TO COMPETE IN ANY RESPECT WITH THE ORGANIZATION. ANY SUCH EXISTING OR POTENTIAL RELATIONSHIP WITH A SUBSIDIARY, JOINT VENTURE OR THE LIKE SHOULD BE DISCLOSED AS WELL. THE TERM "GOODS OR SERVICES" INCLUDES COMMERCIAL, INDUSTRIAL, BANKING AND PROFESSIONAL SERVICES OR GOODS.
IRS990ScheduleO/GeneralExplanation/Explanation4COMPENSATION IS BASED UPON MEAN OF COMPARABLE POSITIONS NATIONALLY OR REGIONALLY, AS APPROPRIATE. THE GOAL IS TO PAY AT OR BELOW THE MEAN AS IT TAKES INTO ACCOUNT COMPENSATION LEVELS OF THE OFFICERS OF THE INSTITUTION.
IRS990ScheduleO/GeneralExplanation/Explanation5THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/GeneralExplanation/Explanation6THE ORGANIZATION HAS A COMMITTEE OF THE BOARD OF DIRECTORS THAT ASSUMES RESPONSIBILITY FOR THE AUDIT OF THE FINANCIAL STATEMENTS AND THE SELECTION OF THE INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/GeneralExplanation/Identifier0FORM 990, PART VI, SECTION A, LINE 4
IRS990ScheduleO/GeneralExplanation/Identifier1FORM 990, PART VI, SECTION A, LINE 6
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IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/GeneralExplanation/ReturnReference3FORM 990, PART XII, LINE 2C
IRS990/ScheduleORequired01
IRS990ScheduleR/ExchangeOfAssets00
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/AddressLine10147 SYCAMORE STREET
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/City0PIKEVILLE
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/State0KY
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/ZIPCode041501
IRS990ScheduleR/Form990ScheduleRPartII/ControlledOrg00
IRS990ScheduleR/Form990ScheduleRPartII/DirectControllingEntityNA0N/A
IRS990ScheduleR/Form990ScheduleRPartII/EIN0610444788
IRS990ScheduleR/Form990ScheduleRPartII/ExemptCodeSection0501(C)(3)
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IRS990ScheduleR/Form990ScheduleRPartII/NameOfDisregardedEntity/BusinessNameLine10UNIVERSITY OF PIKEVILLE
IRS990ScheduleR/Form990ScheduleRPartII/PrimaryActivities0UNDERGRADUATE AND OSTEOPATHIC MEDICAL EDUCATION
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IRS990ScheduleR/LoansOrGuaranteesFromOtherOrg00
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IRS990ScheduleR/OtherTransferToOtherOrg00
IRS990ScheduleR/PerformOfServicesByOtherOrgs00
IRS990ScheduleR/PerformOfServicesForOtherOrgs00
IRS990ScheduleR/PurchaseOfAssetsFromOtherOrg00
IRS990ScheduleR/ReceiptOfIntAnnRentsRoyalties00
IRS990ScheduleR/ReimbursementPaidByOtherOrg00
IRS990ScheduleR/ReimbursementPaidToOtherOrg00
IRS990ScheduleR/RentalOfFacilitiesFrOtherOrgs00
IRS990ScheduleR/RentalOfFacilitiesToOtherOrgs00
IRS990ScheduleR/SaleOfAssetsToOtherOrg00
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IRS990/WhistleblowerPolicy01

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.07$0.08$0.00$0.01$0.21$0.20
2023Detailed filing. Detailed filing data is available for this year.$0.21$0.01$0.20$0.10$0.21$0.11
2022Detailed filing. Detailed filing data is available for this year.$0.33$0.03$0.30$0.20$0.21$0.02
2021Detailed filing. Detailed filing data is available for this year.$0.41$0.09$0.32$0.29$0.29$0.00
2020Detailed filing. Detailed filing data is available for this year.$0.45$0.13$0.32$0.53$0.54$0.01
2019Detailed filing. Detailed filing data is available for this year.$0.52$0.18$0.34$0.87$0.83$0.04
2018Detailed filing. Detailed filing data is available for this year.$0.50$0.21$0.29$1.16$1.10$0.06
2017Detailed filing. Detailed filing data is available for this year.$0.59$0.36$0.23$0.99$0.93$0.05
2016Detailed filing. Detailed filing data is available for this year.$0.38$0.20$0.18$0.83$0.85$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.29$0.09$0.20$0.99$0.93$0.06
2014Detailed filing. Detailed filing data is available for this year.$0.24$0.10$0.14$0.67$0.67$0.00
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.22$0.08$0.14$0.41$0.31$0.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.13$0.08$0.05$0.31
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.06$0.02$0.04$0.26
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.02$0.00$0.02$0.38$0.28$0.10