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← OPTOMETRY CARES-THE AOA FOUNDATION

Form 990 for tax year 2023

Filed by OPTOMETRY CARES-THE AOA FOUNDATION.

Totals

Total revenue
$513,423
Total expenses
$509,167
Contributions and grants received
$460,321
Grants paid
$85,694
Program service revenue
$0
Investment income
$6,253
Other revenue
$46,849
Total assets, end of year
$535,915
Total liabilities, end of year
$64,310
Net assets or fund balances, end of year
$471,605
Program services expenses (Part IX)
$352,468
Management and general expenses
$156,699
Fundraising expenses
$0
Program service expenses (Part III)
$352,468

Program services were 69.2% 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.

  • 1d · Related organizations

    $200,000

  • 1f · All other contributions, gifts and grants

    $260,321

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $1,624 · excluded $1,624

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7a · Gross sales of assets other than inventory

    securities $4,629

  • 7c · Gain or loss

    securities $4,629 · other assets $0

  • 7d · Net gain or loss

    total $4,629 · excluded $4,629

  • 8a · Fundraising events: gross income

    $64,481

  • 8b · Fundraising events: direct expenses

    $17,632

  • 8c · Net income from fundraising events

    total $46,849 · excluded $46,849

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $85,694 · program services $85,694

  • 4 · Benefits paid to or for members

    total $0 · program services $0

  • 7 · Other salaries and wages

    total $149,669 · program services $136,841 · management and general $12,828

  • 8 · Pension plan contributions

    total $8,059 · program services $7,388 · management and general $671

  • 9 · Other employee benefits

    total $19,798 · program services $16,111 · management and general $3,687

  • 10 · Payroll taxes

    total $11,927 · program services $10,904 · management and general $1,023

  • 11a · Fees: management

    total $120,000 · management and general $120,000

  • 11c · Fees: accounting

    total $10,973 · program services $8,778 · management and general $2,195

  • 11f · Fees: investment management

    total $89 · management and general $89

  • 11g · Fees: other

    total $20,230 · program services $16,352 · management and general $3,878 · fundraising $0

  • 13 · Office expenses

    total $4,331 · program services $4,145 · management and general $186

  • 14 · Information technology

    total $17,890 · program services $14,493 · management and general $3,397

  • 17 · Travel

    total $15,002 · program services $13,515 · management and general $1,487

  • 19 · Conferences, conventions and meetings

    total $41,364 · program services $34,934 · management and general $6,430

  • 24a · Other expenses: ALL OTHER EXPENSES

    total $3,701 · program services $2,961 · management and general $740

  • 24b · Other expenses: STAFF TRAINING/CONTINUING EDUCATION

    total $440 · program services $352 · management and general $88

  • 24e · All other expenses

    total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $292,939 · end of year $373,826

  • 4 · Accounts receivable

    beginning of year $6,715 · end of year $4,629

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

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

    $0

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

    $0

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $90,702 · end of year $103,518

  • 12 · Investments: other securities

    beginning of year $0

  • 13 · Investments: program-related

    beginning of year $0

  • 15 · Other assets

    beginning of year $154,634 · end of year $53,942

  • 17 · Accounts payable and accrued expenses

    beginning of year $68,369 · end of year $64,310

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $0 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year -$743,190 · end of year -$714,488

  • 28 · Net assets with donor restrictions

    beginning of year $1,219,811 · end of year $1,186,093

Mission and programs · 2023

Mission

To empower the optometric profession in providing awareness and access to health and vision care for the public.

Activities or mission (Part I)

OPTOMETRY CARES, THE AOA FOUNDATION, IS COMMITTED TO EXPAND EYE CARE AWARENESS, EDUCATION, RESEARCH, AND ACCESS TO EYE HEALTH AND VISION CARE TO EVERYONE IN THE U.S.

  • OPPORTUNITIES IN OPTOMETRY GRANTS, ARCHIVES AND MUSEUM OF OPTOMETRY, STUDENT SCHOLARSHIP ENDOWMENT FUNDS AND OTHER FUNCTIONS TO SUPPORT THE MISSION OF EXPANDING EYE HEALTH AND VISION CARE ACCESS FOR EVERYONE IN THE U.S. IN ORDER TO ENHANCE HUMAN PERFORMANCE AND QUALITY OF LIFE.

    Expenses $202,212 · Grants $18,148

  • INFANTSEE IS A PUBLIC HEALTH PROGRAM DESIGNED TO ENSURE THAT EYE AND VISION CARE BECOMES AN INTEGRAL PART OF INFANT WELLNESS CARE TO IMPROVE A CHILD'S QUALITY OF LIFE. UNDER THIS PROGRAM, AOA OPTOMETRISTS PROVIDE A NO-COST COMPREHENSIVE EYE AND VISION ASSESSMENT FOR INFANTS WITHIN THE FIRST YEAR OF LIFE REGARDLESS OF A FAMILY'S INCOME OR ACCESS TO INSURANCE COVERAGE.

    Expenses $66,470 · Grants $9,346

  • OPPORTUNITIES IN OPTOMETRY IS DESIGNED AS A ONE-TIME STIPEND FOR UNDER-REPRESENTED MINORITY STUDENTS INTERESTED IN THE FIELD OF OPTOMETRY TO HELP DEFRAY COSTS ASSOCIATED WITH APPLYING TO OPTOMETRY SCHOOL.

    Expenses $51,793 · Grants $39,000

  • OPTOMETRY'S FUND FOR DISASTER RELIEF PROVIDES IMMEDIATE FINANCIAL RELIEF FOR OPTOMETRISTS IN NEED AS A RESULT OF EXPERIENCING A CATASTROPHIC EVENT.

    Expenses $31,993 · Grants $19,200

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Belinda Starkey Od

    PRESIDENT

    Total calculated
    $58,284
    From this org
    $0
    From related orgs
    $58,284
    Other
    $0
    Hours/week
    2 + 14 related

  • Hilary Hawthorne Od

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    2

  • Mahsa Masoudi Od

    SECRETARY/TREASURER

    Total calculated
    $0
    Hours/week
    2

  • Jacqueline M Bowen Od

    TRUSTEE

    Total calculated
    $58,216
    From this org
    $0
    From related orgs
    $58,216
    Other
    $0
    Hours/week
    2 + 17 related

  • Jason Compton Od

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Paul Barney Od

    TRUSTEE

    Total calculated
    $39,837
    From this org
    $0
    From related orgs
    $39,837
    Other
    $0
    Hours/week
    2 + 12 related

  • Steven T Reed Od

    TRUSTEE

    Total calculated
    $65,089
    From this org
    $0
    From related orgs
    $65,089
    Other
    $0
    Hours/week
    2 + 21 related

  • Teri Geist Od

    TRUSTEE

    Total calculated
    $50,064
    From this org
    $0
    From related orgs
    $50,064
    Other
    $0
    Hours/week
    2 + 18 related

  • Jonathan F Hymes

    EXECUTIVE DIRECTOR

    Total calculated
    $551,605
    From this org
    $0
    From related orgs
    $520,338
    Other
    $31,267
    Hours/week
    2 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $493,250 related
    Bonus
    $0
    Other
    $0 + $27,088 related
    Deferred
    $0 + $18,150 related
    Nontaxable benefits
    $0 + $13,117 related
    Filer's total
    $0 + $551,605 related

  • Rebecca Hildebrand

    CHIEF OPERATING OFFICER

    Total calculated
    $276,827
    From this org
    $0
    From related orgs
    $260,336
    Other
    $16,491
    Hours/week
    8 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $248,284 related
    Bonus
    $0 + $10,000 related
    Other
    $0 + $2,052 related
    Deferred
    $0 + $13,888 related
    Nontaxable benefits
    $0 + $2,603 related
    Filer's total
    $0 + $276,827 related

  • Ryan P Hayes

    CHIEF FINANCIAL AND TECHNOLOGY

    Total calculated
    $299,460
    From this org
    $0
    From related orgs
    $260,631
    Other
    $38,829
    Hours/week
    2 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $248,418 related
    Bonus
    $0 + $10,000 related
    Other
    $0 + $2,213 related
    Deferred
    $0 + $13,734 related
    Nontaxable benefits
    $0 + $25,095 related
    Filer's total
    $0 + $299,460 related

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation
THE EXECUTIVE DIRECTOR'S COMPENSATION IS DETERMINED BY AMERICAN OPTOMETRIC ASSOCIATION, A RELATED ORGANIZATION. AMERICAN OPTOMETRIC ASSOCIATION USES THE FOLLOWING TO DETERMINE THE EXECUTIVE DIRECTOR'S COMPENSATION: 1. COMPENSATION COMMITTEE 2. INDEPENDENT COMPENSATION CONSULTANT 3. COMPENSATION SURVEY OR STUDY 4. APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

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.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • AOA EXCEL INC

    C Corporation · MEMBERSHIP SRV · MO

    Directly controlled by AOA

Provenance

Return type
form_990
Tax year
2023
Filed
1 November 2024
IRS schema version
2023v5.1
Source object
202443069349301799

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