Oklahoma Optometric Association
- Assets
- $1.8m
- Revenue
- $803.3k
- Investments
- $0.0
- Employees
- 4
- Location
- Oklahoma City, OK
- Founding
- 04/1989
- Data as of
- 06/2022
- EIN
- 73-0641734
Organization Overview
Oklahoma Optometric Association is located in Oklahoma City, OK. The organization was established in 1989. 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 06/2022, Oklahoma Optometric Association employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oklahoma 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 06/2022, Oklahoma Optometric Association generated $803.3k 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 (3.1%) each year. All expenses for the organization totaled $734.2k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (3.1%) 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
STATE ASSOC. OF OPTOMETRISTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
STATEWIDE ASSOCIATION FOR INDIVIDUALS IN THE OPTOMETRIC PROFESSION. 685 MEMBERS.
ENCOURAGE, PROMOTE, AND MAINTAIN A HIGH STANDARD OF EDUCATION IN THE SCIENCE AND PROFESSION OF OPTOMETRY. TO STUDY AND KEEP ABREAST OF THE LATEST SCIENTIFIC ADVANCES AND PRACTICES.
TO PROMOTE PUBLIC AWARENESS OF THE OPTOMETRIC PROFESSION AND SERVICES PROVIDED BY MEMBERS. FOSTER FRIENDLY RELATIONSHIPS AND COOPERATION WITHIN THE PROFESSION.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Randi Day Past Preside | Officer | 1 | $0 |
Dr Jeff Edwards Vice Preside | Officer | 1 | $0 |
Dr Dawn Holsted Treasurer | Officer | 1 | $0 |
Dr Kyle Tate President El | Officer | 1 | $0 |
Dr Chris Swanson President | Officer | 1 | $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 | $801,003 |
| Investment income | $604 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $1,700 |
| 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 | $803,307 |
| 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. | $105,268 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $150,436 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $69,248 |
| Payroll taxes | $27,814 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $8,557 |
| Fees for services: Accounting | $17,672 |
| 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 | $7,955 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $30,780 |
| Travel | $9,743 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $7,046 |
| All other expenses | $100,909 |
| Total functional expenses | $734,190 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $235,094 |
| Savings and temporary cash investments | $509,608 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $954,365 |
| Investments—publicly traded securities | $102,294 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $9,745 |
| Total assets | $1,811,106 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $37,489 |
| 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 | $14,921 |
| Total liabilities | $52,410 |
| 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 | $1,758,696 |
| Total liabilities and net assets/fund balances | $1,811,106 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Oklahoma Optometric Association has recieved totaling $1,613.
| Awarding Organization | Amount |
|---|---|
Heart Of America Contact Lens Society Inc Creston, IA PURPOSE: ADVANCEMENT OF THE CONTACT LENS PROFESSIONALS | $1,613 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Travis Association For The Blind Austin, TX | $78,598,900 | $36,471,837 |
Dallas Lighthouse For The Blind Inc Wichita, KS | $32,560,477 | $11,748,345 |
Missouri Lions Eye Research Foundation Kansas City, MO | $11,391,885 | $10,320,745 |
Beacon Lighthouse Inc Wichita Falls, TX | $3,271,118 | $8,876,178 |
East Texas Lighthouse For The Blind Inc Tyler, TX | $45,131,329 | $9,265,830 |
Lighthouse For The Blind Of Houston Houston, TX | $28,697,781 | $5,413,103 |
Knights Templar Eye Foundation Inc Flower Mound, TX | $153,213,107 | $22,979,623 |
South Texas Lighthouse For The Blind Corpus Christi, TX | $31,893,208 | $5,279,988 |
Houston Lighthouse Foundation Inc Houston, TX | $45,366,188 | $2,659,206 |
Oklahoma Lions Sight Conservation Fdn Inc Oklahoma City, OK | $2,429,055 | $2,007,240 |
World Services For The Blind Foundation Little Rock, AR | $4,565,552 | $846,557 |
Delta Gamma Center For Children With Visual Impairments Saint Louis, MO | $8,354,019 | $2,664,417 |