Skip to content
Nonprofiteer
← AMERICAN CENTER FOR OPTICS MANUFACTURING INC

Form 990 for tax year 2024

Filed by AMERICAN CENTER FOR OPTICS MANUFACTURING INC.

Totals

Total revenue
$4,932,251
Total expenses
$4,736,747
Contributions and grants received
$4,931,231
Grants paid
$0
Program service revenue
$0
Investment income
$1,020
Other revenue
$0
Total assets, end of year
$7,671,943
Total liabilities, end of year
$7,015,992
Net assets or fund balances, end of year
$655,951
Program services expenses (Part IX)
$3,411,900
Management and general expenses
$1,324,847
Fundraising expenses
$0
Program service expenses (Part III)
$3,411,900

Program services were 72.0% 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.

  • 1e · Government grants (contributions)

    $4,802,940

  • 1f · All other contributions, gifts and grants

    $128,291

  • 3 · Investment income

    total $1,020 · related or exempt $1,020

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $226,659 · program services $197,493 · management and general $29,166

  • 6 · Compensation of disqualified persons

    total $1,196,818 · program services $732,025 · management and general $464,793

  • 8 · Pension plan contributions

    total $45,127 · management and general $45,127

  • 9 · Other employee benefits

    total $54,292 · management and general $54,292

  • 10 · Payroll taxes

    total $105,939 · program services $75,519 · management and general $30,420

  • 11b · Fees: legal

    total $50,489 · management and general $50,489

  • 11c · Fees: accounting

    total $10,875 · management and general $10,875

  • 11g · Fees: other

    total $102,017 · program services $55,000 · management and general $47,017

  • 12 · Advertising and promotion

    total $327,947 · program services $326,347 · management and general $1,600

  • 13 · Office expenses

    total $18,510 · program services $1,331 · management and general $17,179

  • 16 · Occupancy

    total $145,243 · program services $9,427 · management and general $135,816

  • 17 · Travel

    total $146,248 · program services $116,828 · management and general $29,420

  • 22 · Depreciation, depletion and amortization

    total $1,047,748 · program services $1,031,715 · management and general $16,033

  • 23 · Insurance

    total $12,938 · management and general $12,938

  • 24a · Other expenses: CONTRACTORS

    total $838,265 · program services $712,537 · management and general $125,728

  • 24b · Other expenses: IT/RECURRING SOFTWARE

    total $96,905 · program services $25,164 · management and general $71,741

  • 24c · Other expenses: RELOCATION EXPENSES

    total $66,417 · program services $40,000 · management and general $26,417

  • 24d · Other expenses: EQUIPMENT AND SUPPLIES

    total $64,635 · program services $64,635

  • 24e · All other expenses

    total $179,675 · program services $23,879 · management and general $155,796

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $303,043 · end of year $235,806

  • 2 · Savings and temporary cash investments

    beginning of year $106,475 · end of year $107,494

  • 4 · Accounts receivable

    beginning of year $624,240 · end of year $934,020

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

    $7,970,735

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

    $1,576,112

  • 10c · Land, buildings and equipment, net

    beginning of year $3,881,920 · end of year $6,394,623

  • 17 · Accounts payable and accrued expenses

    beginning of year $723,046 · end of year $179,531

  • 19 · Deferred revenue

    beginning of year $3,671,802 · end of year $6,755,636

  • 25 · Other liabilities

    beginning of year $60,383 · end of year $80,825

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $460,447 · end of year $655,951

Mission and programs · 2024

Mission

DESIGN AND EXECUTE WORKFORCE TRAINING PROGRAMS TO SUPPORT THE INCREASING COMPLEXITY AND GROWING MANUFACTURING REQUIREMENTS OF THE NATION'S OPTICS INDUSTRY. DEVELOP ADVANCED OPTIC MANFACTURING TECHNOLOGIES, TESTING EQUIPMENT, AND THE SPECIALIZED MATERIALS REQUIRED TO SUPPORT SCALABLE MANUFACTURING. SUCCESSFULLY TRANSITION MISSION-CRITICAL OPTICS TECHNOLOGIES FROM RESEARCH INTO SUSTAINABLE MANUFACTURING.

Activities or mission (Part I)

DESIGN AND EXECUTE WORKFORCE TRAINING PROGRAMS TO SUPPORT THE INCREASING COMPLEXITY AND GROWING.

  • DESIGN AND EXECUTE WORKFORCE TRAINING PROGRAMS TO SUPPORT THE INCREASING COMPLEXITY AND GROWING MANUFACTURING REQUIREMENTS OF THE NATION'S OPTICS INDUSTRY.

    Expenses $2,013,020

  • DEVELOP ADVANCED OPTIC MANFACTURING TECHNOLOGIES, TESTING EQUIPMENT, AND THE SPECIALIZED MATERIALS REQUIRED TO SUPPORT SCALABLE MANUFACTURING.

    Expenses $1,398,880

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Ronald Driggers

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Kirkland J Warden

    DIRECTOR

    Total calculated
    $5,000
    From this org
    $5,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.33

  • Michael J Bechtold

    DIRECTOR

    Total calculated
    $5,000
    From this org
    $5,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    1.6

  • Bob Bicksler

    DIRECTOR

    Total calculated
    $2,083
    From this org
    $2,083
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • Len Chaloux

    DIRECTOR

    Total calculated
    $2,500
    From this org
    $2,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • John Schaefer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jennifer Cable

    DIRECTOR

    Total calculated
    $2,500
    From this org
    $2,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • Jessica Nelson

    DIRECTOR

    Total calculated
    $2,500
    From this org
    $2,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • Brigit Gilman

    DIRECTOR

    Total calculated
    $2,500
    From this org
    $2,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • Rick Plympton

    DIRECTOR

    Total calculated
    $2,500
    From this org
    $2,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • Dave Shelton

    CHIEF EXECUTIVE OFFICER

    Total calculated
    $197,493
    From this org
    $197,493
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $197,493
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $197,493

  • Josanne Denatale

    DIRECTOR OF NATIONAL MKTG & WFI

    Total calculated
    $149,412
    From this org
    $149,412
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Kirsten Nobel

    SR. PROGRAM MANAGER

    Total calculated
    $149,363
    From this org
    $149,363
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Robert Bicksler

    FORMER CHIEF EXECUTIVE OFFICER

    Total calculated
    $240,000
    From this org
    $240,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $240,000
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $240,000

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

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.

Provenance

Return type
form_990
Tax year
2024
Filed
13 May 2025
IRS schema version
2024v5.1
Source object
202501359349304690

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.