Kentucky Optometric Association
- Assets
- $1.3m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 4
- Location
- Frankfort, KY
- Founding
- 08/1965
- Data as of
- 12/2023
- EIN
- 61-0592885
Organization Overview
Kentucky Optometric Association is located in Frankfort, KY. The organization was established in 1965. According to its NTEE Classification (G41) the organization is classified as: Eye Diseases, Blindness & Vision Impairments, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 12/2023, Kentucky Optometric Association employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kentucky Optometric Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2023, Kentucky Optometric Association generated $1.1m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $1.1m during the year ending 12/2023. While expenses have increased by 0.4% per year over the past 9 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
TO ADVANCE THE PROFESSION OF OPTOMETRY THROUGH PROFESSIONAL DEVELOPMENT, EDUCATION, AND PUBLIC POLICY ADVOCACY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL CONFERENCES ARE CONDUCTED INCLUDING VARIOUS LECTURERS AND BUSINESS MEETINGS PERTAINING TO CURRENT TOPICS AND CONTINUING PROFESSIONAL EDUCATION IS PROVIDED FOR 200-300 PEOPLE.
ANNUAL CONFERENCES INCLUDING VARIOUS LECTURERS AND BUSINESS MEETINGS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dinah Bevington Exec Directo | Officer | 40 | $165,519 |
Elaine Desario Od Trustee | Trustee | $0 | |
Emily Meister Od Trustee | Trustee | $0 | |
Heather Oliver Od Trustee | Trustee | $0 | |
Kimberly Warner Od Trustee | Trustee | $0 | |
Cory Bastin Od Trustee | Trustee | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $915,680 |
| Investment income | $31,042 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $733 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,148,291 |
| 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 | $396,906 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $38,583 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,996 |
| Fees for services: Accounting | $7,300 |
| Fees for services: Lobbying | $126,025 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,455 |
| Fees for services: Other | $6,000 |
| Advertising and promotion | $0 |
| Office expenses | $4,774 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $20,540 |
| Travel | $57,146 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,422 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $18,826 |
| Insurance | $13,332 |
| All other expenses | $92,060 |
| Total functional expenses | $1,113,775 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $167,117 |
| Savings and temporary cash investments | $915,795 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $56,650 |
| 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 | $7,100 |
| Net Land, buildings, and equipment | $64,502 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $55,000 |
| Total assets | $1,266,164 |
| Accounts payable and accrued expenses | $105,987 |
| Grants payable | $0 |
| Deferred revenue | $230,206 |
| 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 | $19,500 |
| Total liabilities | $355,693 |
| Net assets without donor restrictions | $910,471 |
| 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 | $1,266,164 |