Form 990 for tax year 2023
Filed by WORLD COUNCIL OF OPTOMETRY INC.
Totals
- Total revenue
- $653,535
- Total expenses
- $988,473
- Contributions and grants received
- $41,860
- Grants paid
- $0
- Program service revenue
- $548,161
- Investment income
- $25
- Other revenue
- $63,489
- Total assets, end of year
- $511,928
- Total liabilities, end of year
- $191,713
- Net assets or fund balances, end of year
- $320,215
- 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
$41,860
-
2a · Program service revenue: GLOBAL MYOPIA AWARENESS
total $318,055 · related or exempt $318,055
-
2b · Program service revenue: WOF OPERATIONAL SUPPORT
total $99,495 · related or exempt $99,495
-
2c · Program service revenue: SPONSORSHIPS
total $60,000 · related or exempt $60,000
-
2d · Program service revenue: GMAC MANAGEMENT REVENUE
total $56,611 · related or exempt $56,611
-
2e · Program service revenue: DRY EYE PROGRAM
total $14,000 · related or exempt $14,000
-
3 · Investment income
total $25 · related or exempt $25
-
11a · Other revenue: CONFERENCE REVENUE
total $59,289 · related or exempt $59,289
-
11b · Other revenue: IN-KIND RENT
total $4,200 · related or exempt $4,200
-
11e · Other revenue, total
$63,489
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $89,450
-
7 · Other salaries and wages
total $90,417
-
9 · Other employee benefits
total $124
-
10 · Payroll taxes
total $15,669
-
11a · Fees: management
total $160,212
-
11b · Fees: legal
total $450
-
11c · Fees: accounting
total $5,882
-
11g · Fees: other
total $2,757
-
12 · Advertising and promotion
total $34,513
-
13 · Office expenses
total $13,328
-
16 · Occupancy
total $4,200
-
17 · Travel
total $70,581
-
19 · Conferences, conventions and meetings
total $49,459
-
23 · Insurance
total $5,133
-
24a · Other expenses: DIRECT PROJECT EXPENSES
total $399,899
-
24b · Other expenses: IAPB SUBSCRIPTION
total $25,000
-
24c · Other expenses: MEALS
total $9,710
-
24d · Other expenses: BANK CHARGES
total $5,688
-
24e · All other expenses
total $6,001
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $306,939 · end of year $208,962
-
4 · Accounts receivable
beginning of year $1,345,773 · end of year $302,014
-
9 · Prepaid expenses and deferred charges
beginning of year $1,794
-
10a · Land, buildings and equipment: cost or other basis
$9,211
-
10b · Land, buildings and equipment: accumulated depreciation
$8,259
-
10c · Land, buildings and equipment, net
beginning of year $1,823 · end of year $952
-
17 · Accounts payable and accrued expenses
beginning of year $2,401 · end of year $3,511
-
19 · Deferred revenue
beginning of year $998,775 · end of year $188,202
-
27 · Net assets without donor restrictions
beginning of year $655,153 · end of year $320,215
Mission and programs · 2023
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 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 2023 return.
Listed in Part VII
-
Alyssa CallaghanALYSSA CALLAGHAN
MANAGING DIR
- Total calculated
- $89,450
- From this org
- $89,450
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Ameer Abou AdelaAMEER ABOU ADELA
GEOGRAPHIC R
- Total calculated
- $0
- Hours/week
- 0.75
-
Sandra BlockSANDRA BLOCK
PRESIDENT
- Total calculated
- $0
- Hours/week
- 0.75
-
Armin DuddekARMIN DUDDEK
WOF PRESIDEN
- Total calculated
- $0
- Hours/week
- 0.75
-
Yazan GammohYAZAN GAMMOH
EDUCATION CH
- Total calculated
- $0
- Hours/week
- 0.75
-
Peter GumpelmayerPETER GUMPELMAYER
GEOGRAPHIC R
- Total calculated
- $0
- Hours/week
- 0.75
-
Peter HendicottPETER HENDICOTT
PRESIDENT -
- Total calculated
- $0
- Hours/week
- 0.75
-
Roger JordanROGER JORDAN
LEGISLATION,
- Total calculated
- $0
- Hours/week
- 0.75
-
Patrick MawilaPATRICK MAWILA
GEOGRAPHIC R
- Total calculated
- $0
- Hours/week
- 0.75
-
Michele MingMICHELE MING
GEOGRAPHIC R
- Total calculated
- $0
- Hours/week
- 0.75
-
Priya MorjariaPRIYA MORJARIA
PUBLIC HEALT
- Total calculated
- $0
- Hours/week
- 0.75
-
Michael NelsonMICHAEL NELSON
GEOGRAPHIC R
- Total calculated
- $0
- Hours/week
- 0.75
-
Curtis OnoCURTIS ONO
IN-KIND ASSO
- Total calculated
- $0
- Hours/week
- 0.75
-
Rajeev PrasadRAJEEV PRASAD
GEOGRAPHIC R
- Total calculated
- $0
- Hours/week
- 0.75
-
Cindy ThomansCINDY THOMANS
PRESIDENT -
- Total calculated
- $0
- Hours/week
- 0.75
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.
-
3 · SUPPORT · PA
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 13 November 2024
- IRS schema version
- 2023v5.0
- Source object
- 202433189349310363
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