Owl Advancing Diversity In Leadership
- Assets
- $910.7k
- Revenue
- $485.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Cary, NC
- Founding
- 09/2005
- Data as of
- 12/2023
- EIN
- 20-0945406
Organization Overview
Owl Advancing Diversity In Leadership is located in Cary, NC. The organization was established in 2005. According to its NTEE Classification (E60) the organization is classified as: Health Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Owl Advancing Diversity In Leadership is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Owl Advancing Diversity In Leadership generated $485.6k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 12.4% each year . All expenses for the organization totaled $465.4k during the year ending 12/2023. While expenses have increased by 8.9% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE PROFESSIONAL AND PERSONAL DEVELOPMENT AND OPPORTUNITIES FOR COLLABORATION THROUGH OPTHALMOLOGY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITYBUILDING EVENTS OWL: ADVANCING DIVERSITY IN LEADERSHIP ORGANIZES EVENTS THROUGHOUT THE YEAR TO HELP MEMBERS MAKE CROSSINDUSTRY CONNECTIONS AND LEARN FROM ONE ANOTHER. EVENTS ARE HELD IN CONJUNCTION WITH ANNUAL MEETINGS: AMERICAN ACADEMY OF OPHTHALMOLOGY, AMERICAN SOCIETY OF CATARACT & REFRACTIVE SURGERY, HAWAIIAN EYE AND AMERICANEUROPEAN CONGRESS OF OPHTHALMIC SURGERY.
REGIONAL OWL: ADVANCING DIVERSITY IN LEADERSHIP MEETINGS REGIONAL MEETINGS TOOK PLACE IN SOCAL AND FLORIDA IN 2023.
LEADERSHIP DEVELOPMENT PROGRAMS OWL: ADVANCING DIVERSITY IN LEADERSHIP OFFERS PROFESSIONAL DEVELOPMENT PROGRAMS DESIGNED TO HELP MEMBERS GAIN THE LEADERSHIP AND TECHNICAL SKILLS AND CONFIDENCE NEEDED TO ADVANCE IN THEIR CAREERS. PROGRAMS ARE OFFERED YEARROUND AT LOW OR NO COST TO OWL: ADVANCING DIVERSITY IN LEADERSHIP MEMBERS. PROGRAM SESSIONS ARE HELD IN CONJUNCTION WITH MAJOR OPHTHALMIC CONFERENCES (AMERICAN ACADEMY OF OPHTHALMOLOGY AND AMERICAN SOCIETY OF CATARACT & REFRACTIVE SURGERY), AS WELL AS LIVE AND ONDEMAND WEBINARS AND ONLINE ARCHIVED COURSE CONTENT. LEADERSHIP RECOGNITION OWL: ADVANCING DIVERSITY IN LEADERSHIP'S ANNUAL AWARDS RECOGNIZE OPHTHALMIC PROFESSIONALS WHO HAVE DEMONSTRATED LEADERSHIP AND CONTRIBUTED TO THE ADVANCEMENT OF DIVERSE LEADERSHIP IN OPHTHALMOLOGY. CANDIDATES ARE NOMINATED AND VOTED ON BY OWL: ADVANCING DIVERSITY IN LEADERSHIP MEMBERS, AND AWARDS ARE PRESENTED AT A RECEPTION AT THE ANNUAL MEETING OF THE AMERICAN ACADEMY OF OPHTHALMOLOGY. ADDITIONALLY, OWL: ADVANCING DIVERSITY IN LEADERSHIP PRODUCES A SEMIANNUAL MAGAZINE DESIGNED TO HIGHLIGHT THE CONTRIBUTIONS OF LEADERS IN THE OPHTHALMIC INDUSTRY , AND WORKS TO CREATE OPPORTUNITIES FOR A MORE DIVERSE LEADERSHIP IN OPHTHALMOLOGY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gaynor Fries Executive Di | Officer | 40 | $0 |
Erin Schallhorn Powers President | OfficerTrustee | 3 | $0 |
Nivine Woods President-El | OfficerTrustee | 3 | $0 |
Abigail Markward Past Preside | OfficerTrustee | 3 | $0 |
Kristen Ingenito Sec/treas | OfficerTrustee | 3 | $0 |
Hayley Boling Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $371,200 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $371,200 |
| Total Program Service Revenue | $103,805 |
| Investment income | $10,596 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $485,601 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $93,180 |
| Compensation of current officers, directors, key employees. | $23,295 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $20,453 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,850 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,075 |
| Advertising and promotion | $73,996 |
| Office expenses | $7,003 |
| Information technology | $13,732 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $23,776 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $207,903 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $938 |
| All other expenses | $0 |
| Total functional expenses | $465,429 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $45,122 |
| Savings and temporary cash investments | $823,982 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $41,556 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $910,660 |
| Accounts payable and accrued expenses | $28,519 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $28,519 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $882,141 |
| Total liabilities and net assets/fund balances | $910,660 |