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Nonprofiteer
← WORLD COUNCIL OF OPTOMETRY INC

Form 990 for tax year 2022

Filed by WORLD COUNCIL OF OPTOMETRY INC.

Totals

Total revenue
$1,234,511
Total expenses
$801,936
Contributions and grants received
$209,570
Grants paid
$0
Program service revenue
$1,014,233
Investment income
$0
Other revenue
$10,708
Total assets, end of year
$1,656,329
Total liabilities, end of year
$1,001,176
Net assets or fund balances, end of year
$655,153
Program services expenses (Part IX)
$0
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
not reported

Program services were 0.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1b · Membership dues

    $209,570

  • 2a · Program service revenue: GLOBAL MYOPIA AWARE

    total $627,152 · related or exempt $627,152

  • 2b · Program service revenue: DRY EYE PROGRAM

    total $284,159 · related or exempt $284,159

  • 2c · Program service revenue: ANNUAL LEADERSHIP COURS

    total $57,500 · related or exempt $57,500

  • 2d · Program service revenue: GSOO SURVEY

    total $15,000 · related or exempt $15,000

  • 2f · All other program service revenue

    total $30,422 · related or exempt $30,422

  • 11a · Other revenue: IN-KIND FACILITIES

    total $4,200 · related or exempt $4,200

  • 11b · Other revenue: EVENT CONFERENCE REV

    total $6,508 · related or exempt $6,508

  • 11e · Other revenue, total

    $10,708

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $163,418

  • 9 · Other employee benefits

    total $298

  • 10 · Payroll taxes

    total $14,674

  • 11a · Fees: management

    total $318,719

  • 11c · Fees: accounting

    total $4,200

  • 11g · Fees: other

    total $54,230

  • 12 · Advertising and promotion

    total $51,199

  • 13 · Office expenses

    total $10,415

  • 14 · Information technology

    total $6,526

  • 16 · Occupancy

    total $4,200

  • 17 · Travel

    total $63,443

  • 19 · Conferences, conventions and meetings

    total $76,360

  • 22 · Depreciation, depletion and amortization

    total $871

  • 23 · Insurance

    total $1,407

  • 24a · Other expenses: IAPB SUBSCRIPTION

    total $31,976 · program services $31,976

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $714,074 · end of year $306,939

  • 4 · Accounts receivable

    beginning of year $504,664 · end of year $1,345,773

  • 9 · Prepaid expenses and deferred charges

    beginning of year $256 · end of year $1,794

  • 10a · Land, buildings and equipment: cost or other basis

    $9,211

  • 10b · Land, buildings and equipment: accumulated depreciation

    $7,388

  • 10c · Land, buildings and equipment, net

    beginning of year $2,694 · end of year $1,823

  • 17 · Accounts payable and accrued expenses

    beginning of year $82,684 · end of year $2,401

  • 19 · Deferred revenue

    beginning of year $916,426 · end of year $998,775

  • 27 · Net assets without donor restrictions

    beginning of year $222,578 · end of year $655,153

Mission and programs · 2022

Mission

TO FACILITATE THE DEVELOPMENT OF OPTOMETRY AROUND THE WORLD AND SUPPORT OPTOMETRISTS IN PROMOTING EYE HEALTH AND VISION CARE AS A HUMAN RIGHT THROUGH ADVOCACY, EDUCATION, POLICY DEVELOPMENT AND HUMANITARIAN OUTREACH.

  • WORKED TO RAISE AWARENESS GLOBALLY AND PROVIDE RESOURCES TO ENABLE OPTOMETRISTS TO APPLY A STANDARD OF CARE TO THE MANAGEMENT OF MYOPIA, AND DEVELOPED AND LAUNCHED THE MYOPIA MANAGEMENT MICROSITE INCLUDING MYOPIA MOMENT INFOGRAPHICS ON MITIGATION, MEASUREMENT AND MANAGEMENT FOR USE BY PRACTITIONERS AROUND THE GLOBE.WORKED TO FORM A GLOBAL, EVIDENCE-BASED DRY EYE DISEASE EDUCATION INITIATIVE DESIGNED TO RAISE OPTOMETRISTS UNDERSTANDING OF DRY EYE ETIOLOGY AND PREVALENCE, DIAGNOSIS, AND PRACTICAL MANAGEMENT. OFFERED LEADERSHIP COURSE ANNUALLY WITH REPRESENTATION FROM ALL 6 WCO REGIONS ENABLING TO 18-25 PARTICIPANTS TO ACQUIRE LEADERSHIP AND ADVOCACY TOOLS TO ENABLE THEM TO EFFECT CHANGE AT BOTH POLICY AND PRACTICE LEVELS.

As filed on the 2022 return.

Listed in Part VII

  • Alyssa Callaghan

    MANAGING DIRECTOR

    Total calculated
    $74,747
    From this org
    $74,747
    From related orgs
    $0
    Other
    $0
    Hours/week
    0

  • Rajeev Prasad

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.75

  • Xuan Li Tan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.75

  • Carlos Chacon

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.75

  • Frank Magupa

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.75

  • Remi Ninkpe

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.75

  • Edward Mallen

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.75

  • Ahmed Idris Tairi

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.75

  • Curtis Ono

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.75

  • Michael Nelson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.75

  • Martin Obrien

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.75

  • Peter Gumpelmayer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.75

  • George Al-Hawat

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.75

  • Priya Morjaria

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Cindy Tromans

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Efrain Castellanos

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Richard Maveneka

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.75

  • Juan Vazquez

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.75

  • Roger Jordan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.75

  • Armin Duddek

    EXECUTIVE COMMITTEE MEMBER

    Total calculated
    $0
    Hours/week
    0.75

  • Yazan Gammoh

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Carly Lam

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.75

  • Hassan Awada

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.75

  • Paul Folkesson

    PAST PRESIDENT

    Total calculated
    $0
    Hours/week
    2

  • Susan Cooper

    INTERIM MANAGING DIRECTOR

    Total calculated
    $0
    Hours/week
    0

  • Sandra Block

    PRESIDENT ELECT

    Total calculated
    $0
    Hours/week
    3

  • Peter Hendicott

    PRESIDENT

    Total calculated
    $0
    Hours/week
    3

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
14 November 2023
IRS schema version
2022v5.0
Source object
202303189349319535

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