National Board Of Examiners In Optometry is located in Charlotte, NC. The organization was established in 1993. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 12/2022, National Board Of Examiners In Optometry employed 61 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Board Of Examiners In Optometry 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 12/2022, National Board Of Examiners In Optometry generated $9.2m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.7% each year. All expenses for the organization totaled $8.0m during the year ending 12/2022. While expenses have increased by 5.5% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE NATIONAL BOARD OF EXAMINERS IN OPTOMETRY IS TO PROTECT THE PUBLIC BY DEVELOPING, ADMINISTERING, SCORING, AND REPORTING RESULTS OF VALID EXAMINATIONS THAT ASSESS COMPETENCY IN OPTOMETRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE NBEO SERIES OF LICENSURE EXAMS CONSISTS OF THREE SEPARATE PARTS. PART I APPLIED BASIC SCIENCE (ABS) IS A MULTIPLE-CHOICE, COMPUTER-BASED EXAM THAT ASSESSES CANDIDATES' MASTERY OF THE UNDERLYING BASIC SCIENCE CONCEPTS NECESSARY FOR ENTRY INTO OPTOMETRIC PRACTICE. PART II PATIENT ASSESSMENT AND MANAGEMENT (PAM) EXAMINATION ASSESSES CLINICAL THINKING AND DECISION-MAKING, ALONG WITH KNOWLEDGE OF DIAGNOSIS AND TREATMENT. THE PART II PAM EXAM IS ALSO A COMPUTER-BASED, MULTIPLE-CHOICE EXAM. CONTINUED ON SCHEDULE O. PART II PAM QUESTIONS FREQUENTLY ARE SHOWN AS PART OF AN OVERALL CASE WHEREIN CANDIDATES ARE GIVEN CLINICAL INFORMATION, SOMETIMES INCLUDING DIAGNOSTIC IMAGES. THE TREATMENT AND MANAGEMENT OF OCULAR DISEASE (TMOD) EXAMINATION CAN BE COMPLETED AS PART OF PART II PAM (EMBEDDED WITHIN THE EXAM) OR MAY BE TAKEN AS A STANDALONE EXAMINATION. PART III CLINICAL SKILLS EXAM (CSE), WHICH WILL BE RETIRED AT THE END OF THE 2023-2024 ADMINISTRATIVE YEAR, IS A PERFORMANCE-BASED EXAM WHEREIN EXAMINEES ARE REQUIRED TO PERFORM OPTOMETRIC CLINICAL SKILLS THAT REFLECT PRACTICE. THESE SKILLS ARE PERFORMED AT FOUR DIFFERENT STATIONS; ALL STATIONS RELY ON STANDARDIZED PATIENTS ON WHOM THE EXAMINEE PERFORMS THE SKILLS FOR EACH STATION. EACH STATION IS HOUSED WITHIN AN EXAMINATION ROOM THAT IS DESIGNED TO SIMULATE REAL-LIFE OPTOMETRIC EXAM ROOMS. THE EQUIPMENT, PLACEMENT OF MATERIALS, AND ROOM DIMENSIONS ARE STANDARDIZED, AND THE NBEO FOLLOWS A MULTILAYERED PROTOCOL FOR QUALITY ASSURANCE THROUGHOUT THE EXAMINATION PROCESS. BEGINNING IN AUGUST 2024, NBEO WILL OFFER THE PART III PATIENT ENCOUNTERS AND PERFORMANCE SKILLS (PEPS) EXAMINATION. THIS NEW, RESTRUCTURED PART III EXAM IS CONSISTENT WITH NBEO'S MISSION OF PUBLIC PROTECTION AND WILL COMPLEMENT THE PART I AND PART II EXAMS IN ASSESSING WHETHER CANDIDATES ARE QUALIFIED TO ENTER INTO THE INDEPENDENT PRACTICE OF OPTOMETRY. IT IS THE COMBINATION OF THESE THREE EXAMS THAT REPRESENTS OVERALL COMPETENCY AND ULTIMATELY ENABLES A CANDIDATE TO DEMONSTRATE THE OPTOMETRIC KNOWLEDGE AND SKILLS NECESSARY TO PRACTICE. PART III PEPS HAS BEEN DEVELOPED TO NOT ONLY EVALUATE ESSENTIAL SKILLS BUT ALSO TO MEASURE A CANDIDATE'S ABILITY TO APPLY EVIDENCE-BASED KNOWLEDGE TO PATIENT CARE. THE NEW EXAM MOVES BEYOND THE ASSESSMENT OF THE PHYSICAL ABILITY TO PERFORM THE SKILL TO ALSO MEASURE A CANDIDATE'S COGNITIVE ABILITY TO INTERPRET THE RESULT AND APPLY THAT KNOWLEDGE DIRECTLY TO PATIENT CARE.FOR INFORMATION ON THESE LICENSURE EXAMS AS WELL AS THE ADDITIONAL EXAMS OFFERED BY NBEO, PLEASE VISIT THE NBEO WEBSITE AT WWW.OPTOMETRY.ORG.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michael Ohlson Od Secretary / Treasurer | OfficerTrustee | 4 | $3,063 |
Susy Yu Od MBA President | OfficerTrustee | 4 | $2,975 |
Patrick O-Neill Od Member | Trustee | 4 | $1,225 |
Karla Zadnik Od PHD Vice President | OfficerTrustee | 4 | $963 |
Jim Campbell Od Member | Trustee | 4 | $700 |
Joshua Baker Ms Od Member | Trustee | 4 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $332,379 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $332,379 |
Total Program Service Revenue | $8,608,280 |
Investment income | $216,581 |
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 | $9,173,202 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $2,547,848 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $109,401 |
Fees for services: Accounting | $28,581 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $55,910 |
Fees for services: Other | $185,874 |
Advertising and promotion | $28,620 |
Office expenses | $97,182 |
Information technology | $286,647 |
Royalties | $0 |
Occupancy | $745,614 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $146,230 |
Interest | $305 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $280,137 |
Insurance | $92,978 |
All other expenses | $13,408 |
Total functional expenses | $8,028,607 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $4,104,398 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $5,252 |
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 | $71,360 |
Net Land, buildings, and equipment | $379,747 |
Investments—publicly traded securities | $0 |
Investments—other securities | $6,505,097 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,616,627 |
Total assets | $12,682,481 |
Accounts payable and accrued expenses | $829,831 |
Grants payable | $0 |
Deferred revenue | $3,343,340 |
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 | $1,786,359 |
Total liabilities | $5,959,530 |
Net assets without donor restrictions | $6,722,951 |
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 | $0 |
Total liabilities and net assets/fund balances | $12,682,481 |