Civic Intelligence

Texas Optometric Association Inc

990 • Fiscal year 2019 • EIN 74-1138105

Jan 01, 2019 to Dec 31, 2019 • Filed on Oct 09, 2020

3011 N Lamar BlvdAustin, TX 78705

(512) 707-2020

Siviq Scores

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

Liabilities / Assets

81st percentile

0.51x

Higher debt load relative to assets than 81% of similar nonprofits.

2019 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

93rd percentile

1.34x

Higher debt load relative to revenue than 93% of similar nonprofits.

2019 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2019

Net Margin

14th percentile

-5.9%

Higher net margin than 14% of similar nonprofits.

2019 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

16th percentile

$120,523

Higher top officer pay than 16% of similar nonprofits.

Top officer pay equals 5.1% of source-year revenue.

2019 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2019

Asset Growth

57th percentile

8.0%

Faster asset growth than 57% of similar nonprofits.

2019 filings • 501(c)6 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

65th percentile

6.5%

Faster revenue growth than 65% of similar nonprofits.

2019 filings • 501(c)6 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Assets

Up

$6,223,509

Up $463,158 (+8.0%) from 2018

Net Assets

Up

$3,038,107

Up $228,013 (+8.1%) from 2018

Liabilities

Up

$3,185,402

Up $235,145 (+8.0%) from 2018

Revenue

Up

$2,378,381

Up $144,821 (+6.5%) from 2018

Expenses

Up

$2,519,047

Up $203,231 (+8.8%) from 2018

Net Income

Down

-$140,666

Down $58,410 (-71%) from 2018

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $2,678,605Liabilities 2010: $786,954Net Assets 2010: $1,891,6512010Assets 2011: $3,102,206Liabilities 2011: $1,056,650Net Assets 2011: $2,045,5562011Assets 2012: $3,103,283Liabilities 2012: $891,946Net Assets 2012: $2,211,3372012Assets 2013: $3,483,198Liabilities 2013: $980,752Net Assets 2013: $2,502,4462013Assets 2014: $3,696,338Liabilities 2014: $894,500Net Assets 2014: $2,801,8382014Assets 2015: $3,584,851Liabilities 2015: $681,890Net Assets 2015: $2,902,9612015Assets 2016: $5,891,146Liabilities 2016: $3,055,631Net Assets 2016: $2,835,5152016Assets 2017: $5,833,346Liabilities 2017: $2,774,523Net Assets 2017: $3,058,8232017Assets 2018: $5,760,351Liabilities 2018: $2,950,257Net Assets 2018: $2,810,0942018Assets 2019: $6,223,509Liabilities 2019: $3,185,402Net Assets 2019: $3,038,1072019Assets 2020: $5,880,546Liabilities 2020: $2,554,916Net Assets 2020: $3,325,6302020Assets 2021: $6,628,968Liabilities 2021: $2,500,942Net Assets 2021: $4,128,0262021Assets 2022: $6,160,064Liabilities 2022: $2,361,550Net Assets 2022: $3,798,5142022Assets 2023: $6,782,956Liabilities 2023: $2,336,995Net Assets 2023: $4,445,9612023Assets 2024: $7,483,683Liabilities 2024: $2,414,478Net Assets 2024: $5,069,2052024

Highlighted filing

2019

Assets$6,223,509
Liabilities$3,185,402
Net Assets$3,038,107

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $1,420,9012010Expenses 2011: $1,534,9282011Expenses 2012: $1,966,2232012Revenue 2013: $2,083,602Expenses 2013: $1,874,278Net Income 2013: $209,3242013Revenue 2014: $2,187,136Expenses 2014: $1,894,936Net Income 2014: $292,2002014Revenue 2015: $2,311,475Expenses 2015: $2,137,141Net Income 2015: $174,3342015Revenue 2016: $2,174,381Expenses 2016: $2,275,395Net Income 2016: -$101,0142016Revenue 2017: $2,259,508Expenses 2017: $2,246,550Net Income 2017: $12,9582017Revenue 2018: $2,233,560Expenses 2018: $2,315,816Net Income 2018: -$82,2562018Revenue 2019: $2,378,381Expenses 2019: $2,519,047Net Income 2019: -$140,6662019Revenue 2020: $1,977,246Expenses 2020: $1,942,938Net Income 2020: $34,3082020Revenue 2021: $1,952,678Expenses 2021: $1,686,518Net Income 2021: $266,1602021Revenue 2022: $2,241,289Expenses 2022: $2,146,597Net Income 2022: $94,6922022Revenue 2023: $2,537,148Expenses 2023: $2,387,940Net Income 2023: $149,2082023Revenue 2024: $2,357,542Expenses 2024: $2,330,119Net Income 2024: $27,4232024

Highlighted filing

2019

Revenue$2,378,381
Expenses$2,519,047
Net Income-$140,666
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Oct 9, 2020
Return Version
2019v5.1
Gross Receipts
$2,579,184
Mission and Program Overview

Mission

Doctors of optometry working together to advance excellence in eyecare for every texan.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,090,874$3,090,481▼ $393
Investments in Publicly Traded Securities$1,849,849$2,259,244▲ $409,395
Cash and Non-Interest-Bearing Accounts$643,935$791,239▲ $147,304
Prepaid Expenses and Deferred Charges$116,143$59,826▼ $56,317
Accounts Receivable$45,127$18,763▼ $26,364
Total Assets$5,760,351$6,223,509▲ $463,158
Other Assets Total$14,423$3,956▼ $10,467
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,959,091$1,862,663▼ $96,428
Deferred Revenue$424,325$788,490▲ $364,165
Escrow Account Liability$325,533$310,485▼ $15,048
Accounts Payable and Accrued Expenses$224,067$206,523▼ $17,544
Other Liabilities$17,241$17,241→ $0
Total Liabilities$2,950,257$3,185,402▲ $235,145
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,810,094$3,038,107▲ $228,013
Total Net Assets Fund Balance$2,810,094$3,038,107▲ $228,013
Total Liabilities and Net Assets / Fund Balance$5,760,351$6,223,509▲ $463,158

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,296,990$503,233$2,800,223
Land$753,600-$753,600
Equipment$39,891$122,961$162,852
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Brenda AveryExecutive DirectorFT$105,000$15,523$120,523
Sandra FortenberryPresidentPT$10,000-$10,000

Board Members and Trustees

NameTitle
Peter CassPast Consulting President
Jenny TerrellPast President
Mario ContaldiPresident-elect
Adam CoxTrustee
Beth RobinsonTrustee
Brian RastTrustee
Kumar PatelTrustee
Matt ValdesTrustee
Michael MaldonadoTrustee
Ryan RosemoreTrustee
Vissett SunTrustee
Steve NguyenTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Nieman Heyer LLPLegal1122 COLORADO STSTE 313, Austin, TX 78701$117,643
Revenue and Support

Revenue Composition

Contributions and Grants
$1,059,794
Program Service Revenue
$1,118,534
Investment Income
$130,016
Other Revenue
$70,037
Change in Net Assets
$-140,666
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,021,698
Salaries, Compensation, and Employee Benefits$497,349
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$0$0$0$1,284,033
Other Salaries and Wages$0$0$0$302,713
Fees for Services Lobbying$0$0$0$143,300
Fees for Services Legal$0$0$0$125,738
Current Officers, Directors, Trustees, and Key Employees$0$0$0$120,523
Office Expenses$0$0$0$104,997
Fees for Services Other$0$0$0$85,726
Occupancy$0$0$0$78,610
Interest$0$0$0$51,677
Depreciation Depletion$0$0$0$50,236
Fees for Services Accounting$0$0$0$33,312
Other Employee Benefits$0$0$0$30,263
Payroll Taxes$0$0$0$29,780
Travel$0$0$0$22,654
Fees for Service Investment Mgmnt Fees$0$0$0$16,201
Information Technology$0$0$0$16,109
Pension Plan Contributions$0$0$0$14,070
Insurance$0$0$0$9,105
Total Functional Expenses$0$0$0$2,519,047
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$143,300
Total Nondeductible Lobbying and Political Cost$143,300
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Security Deposit$17,241
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
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
Yes
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Texas Optometric Association Inc
EIN
74-1138105
Phone
5127072020
Address
3011 N LAMAR BLVD, AUSTIN, TX 78705

Signing Officer

Name
Mario Contaldi
Title
President
Phone
5127072020
Signed
2020-10-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sherry Ballance
Formed
1900
Legal Domicile
TX
Voting Board Members
14
Independent Board Members
14
Employees
5
Volunteers
0

Preparer

Firm
Allman & Associates Inc
Address
9600 Great Hills Trail Suite 150W, Austin, TX 78759
Preparer
Peter L Allman CPA
Phone
5125073022
Supplemental Narrative

Additional Explanations

Pt VI, Line 7B

The actions of the executive committee are reported to the board which authorizes them and approves the minutes at each subsequent board meeting. The entire year's minutes are then voted on and approved by the house of delegates at the annual convention each year. That body also approves the minutes from the previous year's house of delegates.

Pt VI, Line 11B

The executive board reviews and approves the form 990, and a copy is provided to the full board prior to filing.

Pt VI, Line 12C

The board reviews any conflict of interest issues at least annually, based on the organization's conflict of interest policy.

Pt VI, Line 15A

Once a year at budget time, the executive committee reviews and evaluates the executive director. The executive director's compensation is recommended, reviewed and approved by the appropriate committee and the board of directors.

Pt VI, Line 19

The organization's governing documents and financial statements are available upon request. In addition, the governing documents and financial statements are available at the annual convention during the house of delegates meeting.

Financial Statement Notes

Pt X, Line 2

The association has adopted the recognition requirements for uncertain income tax positions as required by gaap, with no cumulative effect adjustment required. Income tax benefits are recognized for income tax positions taken or expected to be taken in a tax return, only when it is determined that the income tax position will more likely than not be sustained upon examination by taxing authorities. The association has analyzed the tax positions taken in its filings with the internal revenue service and state jurisdictions where it operates. The association believes that its income tax filing positions will be sustained upon examination and does not anticipate any adjustments that would result in a material adverse effect on the association's financial position, changes in net assets or cash flows. Accordingly, the association has not recorded any reserves, or related accruals for interest and penalties for uncertain income tax positions at december 31, 2019. The association is subject to income tax audits for the previous three years which are open. There are currently no audits for any tax periods in progress.

Pt IV, Line 2B

Dues are collected and held in escrow for the national trade association (american optometric association) and remitted to them monthly. Also additional collections are held in escrow for specific related purposes.

Raw XML AppendixShowing 400 of 515 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/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt13EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0true
IRS990/FormationYr01900
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/SecuritiesAmt086316
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt014
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt086316
IRS990/GrossReceiptsAmt02579184
IRS990/GrossRentsGrp/RealAmt0219004
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt014
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt00
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt00
IRS990/InformationTechnologyGrp/ProgramServicesAmt00
IRS990/InformationTechnologyGrp/TotalAmt016109
IRS990/InsuranceGrp/FundraisingAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt00
IRS990/InsuranceGrp/ProgramServicesAmt00
IRS990/InsuranceGrp/TotalAmt09105
IRS990/InterestGrp/FundraisingAmt00
IRS990/InterestGrp/ManagementAndGeneralAmt00
IRS990/InterestGrp/ProgramServicesAmt00
IRS990/InterestGrp/TotalAmt051677
IRS990/InvestmentIncomeGrp/ExclusionAmt043700
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt043700
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt01849849
IRS990/InvestmentsPubTradedSecGrp/EOYAmt02259244
IRS990/IRPDocumentCnt020
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0626194
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03090874
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03090481
IRS990/LandBldgEquipCostOrOtherBssAmt03716675
IRS990/LegalDomicileStateCd0TX
IRS990/LessRentalExpensesGrp/RealAmt0200803
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0true
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt01059794
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0DOCTORS OF OPTOMETRY WORKING TOGETHER TO ADVANCE EXCELLENCE IN EYECARE FOR EVERY TEXAN.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01959091
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01862663
IRS990/NetAssetsOrFundBalancesBOYAmt02810094
IRS990/NetAssetsOrFundBalancesEOYAmt03038107
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt086316
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt086316
IRS990/NetGainOrLossInvestmentsGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt018201
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt018201
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0295580
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt02810094
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt03038107
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt00
IRS990/OccupancyGrp/ProgramServicesAmt00
IRS990/OccupancyGrp/TotalAmt078610
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt00
IRS990/OfficeExpensesGrp/ProgramServicesAmt00
IRS990/OfficeExpensesGrp/TotalAmt0104997
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt014423
IRS990/OtherAssetsTotalGrp/EOYAmt03956
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt030263
IRS990/OtherLiabilitiesGrp/BOYAmt017241
IRS990/OtherLiabilitiesGrp/EOYAmt017241
IRS990/OtherRevenueMiscGrp/BusinessCd0900999
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
IRS990/OtherRevenueMiscGrp/ExclusionAmt00
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt05776
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt05776
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt00
IRS990/OtherRevenueTotalAmt05776
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt0302713
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt00
IRS990/PayrollTaxesGrp/TotalAmt029780
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt00
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt014070
IRS990/PoliciesReferenceChaptersInd0true
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0116143
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt059826
IRS990/PrincipalOfficerNm0SHERRY BALLANCE
IRS990/PriorPeriodAdjustmentsAmt073099
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0CONFERENCE & MEETINGS
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01118534
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgSrvcAccomActy2Grp/Desc0PRODUCTION OF ASSOCIATION'S JOURNAL - PROVIDES INFORMATION TO MEMBERS CONCERNING THE PROFESSION AND INDUSTRY.
IRS990/ProgSrvcAccomActy3Grp/Desc0ROYALTY PROGRAMS - THE ASSOCIATION ALLOWS CERTAIN BUSINESSES AND ORGANIZATIONS TO PROVIDE GOODS AND SERVICES TO MEMBERS AT DISCOUNTS TO MEMBERS.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01067610
IRS990/PYInvestmentIncomeAmt038699
IRS990/PYOtherExpensesAmt01831040
IRS990/PYOtherRevenueAmt027859
IRS990/PYProgramServiceRevenueAmt01099392
IRS990/PYRevenuesLessExpensesAmt0-82256
IRS990/PYSalariesCompEmpBnftPaidAmt0484776
IRS990/PYTotalExpensesAmt02315816
IRS990/PYTotalRevenueAmt02233560
IRS990/ReconcilationRevenueExpnssAmt0-140666
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt018201
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesRevenueGrp/ExclusionAmt046060
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt046060
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleC/AggregateReportedDuesNtcAmt0158969
IRS990ScheduleC/AgreeCarryoverPriorYearInd0false
IRS990ScheduleC/DuesAssessmentsAmt01059794
IRS990ScheduleC/NonDeductibleLbbyngPltclCYAmt0143300
IRS990ScheduleC/NonDeductibleLbbyngPltclTotAmt0143300
IRS990ScheduleC/OnlyInHouseLobbyingInd0false
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0false
IRS990ScheduleC/TaxableAmt00
IRS990ScheduleD/AgentTrusteeEtcInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt02296990
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0503233
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02800223
IRS990ScheduleD/EquipmentGrp/BookValueAmt039891
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0122961
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0162852
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0true
IRS990ScheduleD/LandGrp/BookValueAmt0753600
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0753600
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt017241
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSIT
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ASSOCIATION HAS ADOPTED THE RECOGNITION REQUIREMENTS FOR UNCERTAIN INCOME TAX POSITIONS AS REQUIRED BY GAAP, WITH NO CUMULATIVE EFFECT ADJUSTMENT REQUIRED. INCOME TAX BENEFITS ARE RECOGNIZED FOR INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, ONLY WHEN IT IS DETERMINED THAT THE INCOME TAX POSITION WILL MORE LIKELY THAN NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE ASSOCIATION HAS ANALYZED THE TAX POSITIONS TAKEN IN ITS FILINGS WITH THE INTERNAL REVENUE SERVICE AND STATE JURISDICTIONS WHERE IT OPERATES. THE ASSOCIATION BELIEVES THAT ITS INCOME TAX FILING POSITIONS WILL BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WOULD RESULT IN A MATERIAL ADVERSE EFFECT ON THE ASSOCIATION'S FINANCIAL POSITION, CHANGES IN NET ASSETS OR CASH FLOWS. ACCORDINGLY, THE ASSOCIATION HAS NOT RECORDED ANY RESERVES, OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN INCOME TAX POSITIONS AT DECEMBER 31, 2019. THE ASSOCIATION IS SUBJECT TO INCOME TAX AUDITS FOR THE PREVIOUS THREE YEARS WHICH ARE OPEN. THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1DUES ARE COLLECTED AND HELD IN ESCROW FOR THE NATIONAL TRADE ASSOCIATION (AMERICAN OPTOMETRIC ASSOCIATION) AND REMITTED TO THEM MONTHLY. ALSO ADDITIONAL COLLECTIONS ARE HELD IN ESCROW FOR SPECIFIC RELATED PURPOSES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt X, Line 2
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt IV, Line 2b
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03090481
IRS990ScheduleD/TotalLiabilityAmt017241
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ACTIONS OF THE EXECUTIVE COMMITTEE ARE REPORTED TO THE BOARD WHICH AUTHORIZES THEM AND APPROVES THE MINUTES AT EACH SUBSEQUENT BOARD MEETING. THE ENTIRE YEAR'S MINUTES ARE THEN VOTED ON AND APPROVED BY THE HOUSE OF DELEGATES AT THE ANNUAL CONVENTION EACH YEAR. THAT BODY ALSO APPROVES THE MINUTES FROM THE PREVIOUS YEAR'S HOUSE OF DELEGATES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE EXECUTIVE BOARD REVIEWS AND APPROVES THE FORM 990, AND A COPY IS PROVIDED TO THE FULL BOARD PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD REVIEWS ANY CONFLICT OF INTEREST ISSUES AT LEAST ANNUALLY, BASED ON THE ORGANIZATION'S CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ONCE A YEAR AT BUDGET TIME, THE EXECUTIVE COMMITTEE REVIEWS AND EVALUATES THE EXECUTIVE DIRECTOR. THE EXECUTIVE DIRECTOR'S COMPENSATION IS RECOMMENDED, REVIEWED AND APPROVED BY THE APPROPRIATE COMMITTEE AND THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. IN ADDITION, THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE AT THE ANNUAL CONVENTION DURING THE HOUSE OF DELEGATES MEETING.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 19
IRS990ScheduleR/AssetExchangeInd0false

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.48$2.41$5.07$2.36$2.33$0.03
2023Detailed filing. Detailed filing data is available for this year.$6.78$2.34$4.45$2.54$2.39$0.15
2022Detailed filing. Detailed filing data is available for this year.$6.16$2.36$3.80$2.24$2.15$0.09
2021Detailed filing. Detailed filing data is available for this year.$6.63$2.50$4.13$1.95$1.69$0.27
2020Detailed filing. Detailed filing data is available for this year.$5.88$2.55$3.33$1.98$1.94$0.03
2019Detailed filing. Detailed filing data is available for this year.$6.22$3.19$3.04$2.38$2.52$0.14
2018Summary only. Only limited summary data is available for this year.$5.76$2.95$2.81$2.23$2.32$0.08
2017Summary only. Only limited summary data is available for this year.$5.83$2.77$3.06$2.26$2.25$0.01
2016Summary only. Only limited summary data is available for this year.$5.89$3.06$2.84$2.17$2.28$0.10
2015Detailed filing. Detailed filing data is available for this year.$3.58$0.68$2.90$2.31$2.14$0.17
2014Summary only. Only limited summary data is available for this year.$3.70$0.89$2.80$2.19$1.89$0.29
2013Detailed filing. Detailed filing data is available for this year.$3.48$0.98$2.50$2.08$1.87$0.21
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.10$0.89$2.21$1.97
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.10$1.06$2.05$1.53
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.68$0.79$1.89$1.42