Optometric Foundation Of North Dakota Inc
- Assets
- $484.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fargo, ND
- Founding
- 08/2003
- Data as of
- 12/2022
- EIN
- 77-0599827
Organization Overview
Optometric Foundation Of North Dakota Inc is located in Fargo, ND. The organization was established in 2003. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Optometric Foundation Of North Dakota Inc 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, Optometric Foundation Of North Dakota Inc generated $83.1k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 11.0% each year . All expenses for the organization totaled $74.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
"VISION START"IS A PROGRAM TO PROVIDE COMPREHENSIVE EYE EXAMS TO KIDS AGE 4-7 YEARS OLD WHO MEET INCOME GUIDELINES. THE MAJOR GOAL OF THE VISION START PROGRAM IS TO ELIMINATE AMBLYOPIA (LAZY EYE)IN THE STATE OF NORTH DAKOTA BY 2030. EARLY DETECTION OF CONDITIONS SUCH AS LAZY EYE IS IMPORTANT FOR EFFECTIVE TREATEMENT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Beattie Od Past Chair | 1 | $0 | |
Blaine Burdick Treasurer | 1 | $0 | |
Jason Schaff Chair | 1 | $0 | |
Kristen Engstrom Od Secretary | 1 | $0 | |
James Helmers Vice Chair | 1 | $0 | |
Lori Scheel Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $73,848 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $11,580 |
| Gain or Loss | -$2,296 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $83,132 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $55,136 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $276 |
| Other expenses | $19,080 |
| Total expenses | $74,492 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $484,841 |
| Other assets | $0 |
| Total assets | $484,841 |
| Total liabilities | $14,032 |
| Net assets or fund balances | $470,809 |
Grants Awarded
Over the last fiscal year, Optometric Foundation Of North Dakota Inc has awarded $1,977,586 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
DAKOTA MEDICAL FOUNDATION PURPOSE: ENDOWMENT FUND DISBURSEMENT | $1,970,086 |
ND OPTOMETRIC ASSOC PURPOSE: PROMO OF VISUAL HEALTH AND ADMIN | $7,500 |