Pan American Association Of Opthamology
- Assets
- $505.0k
- Revenue
- $286.9k
- Investments
- $0.0
- Employees
- 3
- Location
- Arlington, TX
- Founding
- 04/1983
- Data as of
- 12/2021
- EIN
- 62-0564302
Organization Overview
Pan American Association Of Opthamology is located in Arlington, TX. The organization was established in 1983. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Pan American Association Of Opthamology employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pan American Association Of Opthamology 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 12/2021, Pan American Association Of Opthamology generated $286.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (24.3%) each year. All expenses for the organization totaled $529.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (14.9%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE PAAO IS A MEDICAL ASSOCIATION DEDICATED TO THE ADVANCEMENT OF EDUCATION, BLINDNESS PREVENTION AND CULTURAL EXCHANGE IN OPHTHALMOLOGY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONFERENCE EXPENSE - THE PAN AMERICAN ASSOCIATION OF OPHTHALMOLOGY (PAAO) ORGANIZES CONTINUING MEDICAL EDUCATION MEETINGS AND COURSES FOR OPHTHALMOLOGISTS IN THE UNITED STATES AND AROUND THE WORLD.
EDUCATIONAL PROGRAMS - THE VISITING PROFESSORS PROGRAM PROVIDES AN OPPORTUNITY FOR SELECTED MEMBERS TO PRESENT EDUCATIONAL LECTURES AT THE NATIONAL OPHTHALMOLOGICAL CONGRESSES IN THE AMERICAS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Teresa J Bradshaw Admin Officer | Officer | 50 | $94,500 |
See Attached Statement Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $181,340 |
| 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 | $181,340 |
| Total Program Service Revenue | $99,794 |
| Investment income | $353 |
| 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 | $286,933 |
| 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. | $111,807 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $140,098 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $21,574 |
| Payroll taxes | $16,947 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $780 |
| Fees for services: Accounting | $9,863 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $2,940 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $9,938 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $72,782 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,700 |
| Insurance | $1,919 |
| All other expenses | $103,802 |
| Total functional expenses | $528,989 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $417,512 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,630 |
| 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 | $71,095 |
| Net Land, buildings, and equipment | $8,421 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,351 |
| Total assets | $505,009 |
| Accounts payable and accrued expenses | $63,545 |
| Grants payable | $0 |
| Deferred revenue | $109,505 |
| 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 | $173,050 |
| Net assets without donor restrictions | $331,959 |
| 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 | $505,009 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Pan American Association Of Opthamology has recieved totaling $5,100.
| Awarding Organization | Amount |
|---|---|
University Of Miami Coral Gables, FL PURPOSE: GENERAL SUPPORT | $5,100 |
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