Form 990 for tax year 2023
Filed by TEXAS OPTOMETRIC ASSOCIATION INC.
Totals
- Total revenue
- $2,537,148
- Total expenses
- $2,387,940
- Contributions and grants received
- $1,355,886
- Grants paid
- $0
- Program service revenue
- $1,021,289
- Investment income
- $65,640
- Other revenue
- $94,333
- Total assets, end of year
- $6,782,956
- Total liabilities, end of year
- $2,336,995
- Net assets or fund balances, end of year
- $4,445,961
- 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
$1,200,386
-
1f · All other contributions, gifts and grants
$155,500
-
2a · Program service revenue: CONFERENCE & MEETINGS
total $1,021,289 · unrelated business $0 · excluded $0
-
3 · Investment income
total $65,640 · unrelated business $0 · excluded $65,640
-
5 · Royalties
total $28,500 · related or exempt $0 · unrelated business $0 · excluded $28,500
-
6a · Gross rents
real property $238,931
-
6b · Less rental expenses
real property $179,923
-
6c · Rental income or loss
real property $59,008
-
6d · Net rental income or loss
total $59,008 · excluded $59,008
-
11a · Other revenue: OTHER REVENUE
total $6,825 · related or exempt $6,825 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$6,825
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $147,680 · program services $0 · management and general $0 · fundraising $0
-
7 · Other salaries and wages
total $259,011 · program services $0 · management and general $0 · fundraising $0
-
8 · Pension plan contributions
total $17,538 · program services $0 · management and general $0 · fundraising $0
-
9 · Other employee benefits
total $33,515 · program services $0 · management and general $0 · fundraising $0
-
10 · Payroll taxes
total $30,293 · program services $0 · management and general $0 · fundraising $0
-
11b · Fees: legal
total $231,562 · program services $0 · management and general $0 · fundraising $0
-
11c · Fees: accounting
total $14,070 · program services $0 · management and general $0 · fundraising $0
-
11d · Fees: lobbying
total $127,800 · program services $0 · management and general $0 · fundraising $0
-
11g · Fees: other
total $96,881 · program services $0 · management and general $0 · fundraising $0
-
13 · Office expenses
total $89,959 · program services $0 · management and general $0 · fundraising $0
-
14 · Information technology
total $30,334 · program services $0 · management and general $0 · fundraising $0
-
16 · Occupancy
total $66,562 · program services $0 · management and general $0 · fundraising $0
-
17 · Travel
total $14,388 · program services $0 · management and general $0 · fundraising $0
-
19 · Conferences, conventions and meetings
total $1,142,400 · program services $0 · management and general $0 · fundraising $0
-
20 · Interest
total $26,760 · program services $0 · management and general $0 · fundraising $0
-
22 · Depreciation, depletion and amortization
total $36,201 · program services $0 · management and general $0 · fundraising $0
-
23 · Insurance
total $8,322 · program services $0 · management and general $0 · fundraising $0
-
24a · Other expenses: LEGAL DEFENSE FUND
total $14,664 · program services $0 · management and general $0 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $549,723 · end of year $629,441
-
2 · Savings and temporary cash investments
end of year $50,000
-
4 · Accounts receivable
beginning of year $11,860 · end of year $30,666
-
9 · Prepaid expenses and deferred charges
beginning of year $45,588 · end of year $46,995
-
10a · Land, buildings and equipment: cost or other basis
$3,820,240
-
10b · Land, buildings and equipment: accumulated depreciation
$1,000,084
-
10c · Land, buildings and equipment, net
beginning of year $2,854,959 · end of year $2,820,156
-
11 · Investments: publicly traded securities
beginning of year $2,677,854 · end of year $3,190,688
-
15 · Other assets
beginning of year $20,080 · end of year $15,010
-
17 · Accounts payable and accrued expenses
beginning of year $151,752 · end of year $125,833
-
19 · Deferred revenue
beginning of year $284,317 · end of year $344,822
-
21 · Escrow or custodial account liability
beginning of year $237,398 · end of year $250,391
-
23 · Secured mortgages and notes payable
beginning of year $1,650,624 · end of year $1,583,490
-
25 · Other liabilities
beginning of year $37,459 · end of year $32,459
-
27 · Net assets without donor restrictions
beginning of year $3,798,514 · end of year $4,305,125
-
28 · Net assets with donor restrictions
end of year $140,836
Mission and programs · 2023
Mission
DOCTORS OF OPTOMETRY WORKING TOGETHER TO ADVANCE EXCELLENCE IN EYECARE FOR EVERY TEXAN.
-
PRODUCTION OF ANNUAL CONVENTION - PROVIDES EDUCATIONAL, PROFESSIONAL, AND SOCIAL ACTIVITIES FOR MEMBERS.
-
PRODUCTION OF ASSOCIATIONS JOURNAL - PROVIDES INFORMATION TO MEMBERS CONCERNING THE PROFESSION AND INDUSTRY.
-
ROYALTY PROGRAMS - THE ASSOCIATION ALLOWS CERTAIN BUSINESSES AND ORGANIZATIONS TO PROVIDE GOODS AND SERVICES TO MEMBERS AT DISCOUNTS TO MEMBERS.
As filed on the 2023 return.
Listed in Part VII
-
Jennifer DeakinsJENNIFER DEAKINS
PRESIDENT
- Total calculated
- $10,000
- From this org
- $10,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 10
-
Kumar PatelKUMAR PATEL
PRESIDENT-ELECT
- Total calculated
- $0
- Hours/week
- 10
-
Beth RobinsonBETH ROBINSON
SECRETARY/TREASURER
- Total calculated
- $0
- Hours/week
- 10
-
Matt ValdesMATT VALDES
IMMEDIATE PAST PRESIDENT
- Total calculated
- $0
- Hours/week
- 5
-
Adam CoxADAM COX
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
Michael MaldonadoMICHAEL MALDONADO
TRUSTEE
- Total calculated
- $1,600
- From this org
- $1,600
- From related orgs
- $0
- Other
- $0
- Hours/week
- 5
-
Vissett SunVISSETT SUN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
David DinhDAVID DINH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
Shawn PraptaSHAWN PRAPTA
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
Ajay PatelAJAY PATEL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
Ryan PatelRYAN PATEL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
Neha PatelNEHA PATEL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
Kimberly WamplerKIMBERLY WAMPLER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
Sherry BallanceSHERRY BALLANCE
EXECUTIVE DIRECTOR
- Total calculated
- $147,680
- From this org
- $129,393
- From related orgs
- $0
- Other
- $18,287
- Hours/week
- 40
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.
-
TEXAS OPTOMETRIC PAC
527 · ADVANCEMENT OF THE OPTOMETRIC PROFESSION · TX
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 12 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202443179349306699
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