Civic Intelligence

Optometric Physicians of Washington

990 • Fiscal year 2017 • EIN 91-6056476

Jan 01, 2017 to Dec 31, 2017 • Filed on Sep 25, 2018

14450 NE 29th Pl Ste 115Bellevue, WA 98007

(425) 455-0874

Siviq Scores

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

Liabilities / Assets

22nd percentile

0.02x

Higher debt load relative to assets than 22% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

36th percentile

0.09x

Higher debt load relative to revenue than 36% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2017

Net Margin

70th percentile

9.5%

Higher net margin than 70% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

23rd percentile

$0

Higher top officer pay than 23% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2017

Asset Growth

70th percentile

12%

Faster asset growth than 70% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

79th percentile

15%

Faster revenue growth than 79% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$3,550,788

Up $380,641 (+12%) from 2016

Net Assets

Up

$3,474,388

Up $310,022 (+9.8%) from 2016

Liabilities

Up

$76,400

Up $70,619 (+1222%) from 2016

Revenue

Up

$823,578

Up $106,807 (+15%) from 2016

Expenses

Up

$745,071

Up $34,416 (+4.8%) from 2016

Net Income

Up

$78,507

Up $72,391 (+1184%) from 2016

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $2,655,258Liabilities 2011: $80,723Net Assets 2011: $2,574,5352011Assets 2012: $2,923,319Liabilities 2012: $80,295Net Assets 2012: $2,843,0242012Assets 2013: $3,244,805Liabilities 2013: $86,913Net Assets 2013: $3,157,8922013Assets 2014: $3,234,957Liabilities 2014: $87,215Net Assets 2014: $3,147,7422014Assets 2015: $3,066,542Liabilities 2015: $82,672Net Assets 2015: $2,983,8702015Assets 2016: $3,170,147Liabilities 2016: $5,781Net Assets 2016: $3,164,3662016Assets 2017: $3,550,788Liabilities 2017: $76,400Net Assets 2017: $3,474,3882017Assets 2020: $3,438,497Liabilities 2020: $59,590Net Assets 2020: $3,378,9072020Assets 2021: $3,964,702Liabilities 2021: $7,449Net Assets 2021: $3,957,2532021Assets 2022: $3,346,975Liabilities 2022: $16,017Net Assets 2022: $3,330,9582022Assets 2023: $3,203,166Liabilities 2023: $34,555Net Assets 2023: $3,168,6112023Assets 2024: $3,449,200Liabilities 2024: $0Net Assets 2024: $3,449,2002024

Highlighted filing

2017

Assets$3,550,788
Liabilities$76,400
Net Assets$3,474,388

Operations Trend

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

$1.5M$1.0M$500K$0-$500K-$1.0MExpenses 2011: $660,8662011Expenses 2012: $698,5492012Revenue 2013: $752,801Expenses 2013: $697,421Net Income 2013: $55,3802013Revenue 2014: $882,265Expenses 2014: $793,990Net Income 2014: $88,2752014Revenue 2015: $694,297Expenses 2015: $747,711Net Income 2015: -$53,4142015Revenue 2016: $716,771Expenses 2016: $710,655Net Income 2016: $6,1162016Revenue 2017: $823,578Expenses 2017: $745,071Net Income 2017: $78,5072017Revenue 2020: $615,193Expenses 2020: $813,048Net Income 2020: -$197,8552020Revenue 2021: $1,226,752Expenses 2021: $648,406Net Income 2021: $578,3462021Revenue 2022: $293,246Expenses 2022: $919,541Net Income 2022: -$626,2952022Revenue 2023: $798,659Expenses 2023: $1,089,309Net Income 2023: -$290,6502023Revenue 2024: $850,140Expenses 2024: $935,306Net Income 2024: -$85,1662024

Highlighted filing

2017

Revenue$823,578
Expenses$745,071
Net Income$78,507
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Sep 25, 2018
Return Version
2017v2.3
Gross Receipts
$1,151,250
Mission and Program Overview

Mission

To enhance the vision and eye health of the public and advance the profession of optometry, with a vision of creating member value through advocacy, education and promotion.

Professional interaction, education, standards, and qualifications of optometrists.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,926,542$3,294,008▲ $367,466
Cash and Non-Interest-Bearing Accounts$164,549$174,741▲ $10,192
Savings and Temporary Cash Investments$70,104$75,003▲ $4,899
Land, Buildings, and Equipment, Net$8,952$7,036▼ $1,916
Total Assets$3,170,147$3,550,788▲ $380,641
Liabilities
Other Liabilities$3,371$72,245▲ $68,874
Accounts Payable and Accrued Expenses$2,410$4,155▲ $1,745
Total Liabilities$5,781$76,400▲ $70,619
Net Assets / Fund Balance
Unrestricted Net Assets$3,164,366$3,474,388▲ $310,022
Total Net Assets Fund Balance$3,164,366$3,474,388▲ $310,022
Total Liabilities and Net Assets / Fund Balance$3,170,147$3,550,788▲ $380,641

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$775$53,606$54,381
Equipment$6,261$24,653$30,914
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$674,890
Investment Income
$137,742
Other Revenue
$10,946
Change in Net Assets
$78,507
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$514,803
Salaries, Compensation, and Employee Benefits$230,268
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages-$213,083-$213,083
Conferences and Meetings$186,581--$186,581
All Other Expenses$1,800$46,475-$48,275
Other Expenses$24,338--$24,338
Occupancy-$21,655-$21,655
Fees for Services Lobbying-$17,421-$17,421
Payroll Taxes-$17,026-$17,026
Fees for Services Accounting-$16,480-$16,480
Travel-$9,920-$9,920
Depreciation Depletion$5,658--$5,658
Other Employee Benefits-$159-$159
Total Functional Expenses$402,852$342,219$0$745,071
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
Yes
In-house lobbying only
No
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Current Year Nondeductible Lobbying and Political Cost$17,421
Total Nondeductible Lobbying and Political Cost$12,384
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Aoa Dues Payable$71,745
Wopac Contributions Payable$500
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
No
Backup withholding compliance
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
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 7A

All members can vote on/for elected members comprising the board of trustees.

Form 990, Page 6, Part VI, Line 7B

Quarterly meetings of the members are held to vote on pending matters.

Form 990, Page 6, Part VI, Line 10B

The board of trustees appoints officers of the local societies. Local societies are subject to the same policies and procedures as the statewide organization.

Form 990, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 15A

Budget committee of the board of trustees approves the compensation of executive director and other staff. No officer or member of the organization receives compensation.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Optometric Physicians of Washington
EIN
91-6056476
Phone
4254550874
Address
14450 NE 29TH PL STE 115, BELLEVUE, WA 98007

Signing Officer

Name
Grant Hardan Od
Title
President
Phone
4254550874
Signed
2018-09-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Grant Hardan Od
Voting Board Members
11
Independent Board Members
640
Employees
4

Preparer

Firm
John F Lynch Pc CPA
Address
1202 OLYMPIA AVE NE, OLYMPIA, WA 98506-4220
Preparer
John F Lynch
Phone
4254511707
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

Combined purposes for state office depreciation

Raw XML Appendix399 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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IRS990ScheduleC/AggregateReportedDuesNtcAmt014217
IRS990ScheduleC/AgreeCarryoverPriorYearInd0true
IRS990ScheduleC/DuesAssessmentsAmt0430819
IRS990ScheduleC/Form1120POLFiledInd0false
IRS990ScheduleC/NonDedLbbyngPltclCyovAmt0-5037
IRS990ScheduleC/NonDeductibleLbbyngPltclCYAmt017421
IRS990ScheduleC/NonDeductibleLbbyngPltclTotAmt012384
IRS990ScheduleC/OnlyInHouseLobbyingInd0false
IRS990ScheduleC/Section527PoliticalOrgGrp/ContributionsRcvdDlvrAmt0114658
IRS990ScheduleC/Section527PoliticalOrgGrp/EIN0912063076
IRS990ScheduleC/Section527PoliticalOrgGrp/OrganizationBusinessName/BusinessNameLine1Txt0WASHINGTON OPTOMETRIC PAC
IRS990ScheduleC/Section527PoliticalOrgGrp/USAddress/AddressLine1Txt0PO BOX 2491
IRS990ScheduleC/Section527PoliticalOrgGrp/USAddress/CityNm0OLYMPIA
IRS990ScheduleC/Section527PoliticalOrgGrp/USAddress/StateAbbreviationCd0WA
IRS990ScheduleC/Section527PoliticalOrgGrp/USAddress/ZIPCd0985072941
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0false
IRS990ScheduleC/SupplementalInformationDetail/ExplanationTxt0PAYMENT TO LOBBYIST FIRM IN FURTHERANCE OF APPROPRIATE PUBLIC HEALTH LEGISLATION.
IRS990ScheduleC/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE C, PART I-A, LINE 1
IRS990ScheduleC/TaxableAmt0-1833
IRS990ScheduleC/VolunteerHoursCnt0110
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt06261
IRS990ScheduleD/EquipmentGrp/DepreciationAmt024653
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt030914
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0775
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt053606
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt054381
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt071745
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1500
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0AOA DUES PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1WOPAC CONTRIBUTIONS PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt07036
IRS990ScheduleD/TotalLiabilityAmt072245
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0COMBINED PURPOSES FOR STATE OFFICE DEPRECIATION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL MEMBERS CAN VOTE ON/FOR ELECTED MEMBERS COMPRISING THE BOARD OF TRUSTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2QUARTERLY MEETINGS OF THE MEMBERS ARE HELD TO VOTE ON PENDING MATTERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD OF TRUSTEES APPOINTS OFFICERS OF THE LOCAL SOCIETIES. LOCAL SOCIETIES ARE SUBJECT TO THE SAME POLICIES AND PROCEDURES AS THE STATEWIDE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5BUDGET COMMITTEE OF THE BOARD OF TRUSTEES APPROVES THE COMPENSATION OF EXECUTIVE DIRECTOR AND OTHER STAFF. NO OFFICER OR MEMBER OF THE ORGANIZATION RECEIVES COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 10B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0true
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0true
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt03170147
IRS990/TotalAssetsEOYAmt03550788
IRS990/TotalAssetsGrp/BOYAmt03170147
IRS990/TotalAssetsGrp/EOYAmt03550788
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0342219
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0402852
IRS990/TotalFunctionalExpensesGrp/TotalAmt0745071
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt05781
IRS990/TotalLiabilitiesEOYAmt076400
IRS990/TotalLiabilitiesGrp/BOYAmt05781
IRS990/TotalLiabilitiesGrp/EOYAmt076400
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03164366
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03474388
IRS990/TotalOtherProgSrvcExpenseAmt07458
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt0-2151
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt0-2151
IRS990/TotalProgramServiceExpensesAmt0402852
IRS990/TotalProgramServiceRevenueAmt0674890
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0823578
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0823578
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03170147
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03550788
IRS990/TravelGrp/ManagementAndGeneralAmt09920
IRS990/TravelGrp/TotalAmt09920
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt03164366
IRS990/UnrestrictedNetAssetsGrp/EOYAmt03474388
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt011
IRS990/VotingMembersIndependentCnt0640
IRS990/WebsiteAddressTxt0WWW.EYES.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0GRANT HARDAN OD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04254550874
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-09-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0OPTOMETRIC PHYSICIANS OF WASHINGTON
ReturnHeader/Filer/BusinessNameControlTxt0OPTO
ReturnHeader/Filer/EIN0916056476
ReturnHeader/Filer/PhoneNum04254550874
ReturnHeader/Filer/USAddress/AddressLine1Txt014450 NE 29TH PL STE 115
ReturnHeader/Filer/USAddress/CityNm0BELLEVUE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WA
ReturnHeader/Filer/USAddress/ZIPCd098007
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId06C54D46F1332199B122F786F2DE935A9536B529A
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0BB858BA31F04699E906BF4765556342F31FF276D
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0167.68.16.49
ReturnHeader/FilingSecurityInformation/IPDt02018-10-02
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm009:50:25
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0911319687
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JOHN F LYNCH PC CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01202 OLYMPIA AVE NE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0OLYMPIA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0985064220
ReturnHeader/PreparerPersonGrp/PhoneNum04254511707
ReturnHeader/PreparerPersonGrp/PreparationDt02018-09-24
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN F LYNCH
ReturnHeader/ReturnTs02018-10-02T07:50:25-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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