OPTICIANS ASSOCIATION OF AMERICA (EIN 135573087) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1926

Legal Domicile

Principal Officer

CHRISTOPHER ALLEN

Phone

9013882423

Tax Period

2022-07-01 to 2023-06-30

OPTICIANS ASSOCIATION OF AMERICA, founded in 1926, is a small nonprofit that reported $635K in total revenue in fiscal year 2022. Revenue surged 66% from the prior year, signaling strong growth momentum. The organization ran a surplus of $116K, a strong 18% operating margin.

Mission

THE ORGANIZATION'S MISSION IS TO PROMOTE AND EXPAND OPTICIANRY BY BEING THE SINGLE UNIFIED VOICE OF AMERICA'S OPTICIANS. IN SUPPORT OF THIS MISSION, WE ARE COMMITTED TO PROMOTING PROFESSIONAL STATURE THROUGH LEADERSHIP, EDUCATION, LEGISLATIVE REPRESENTATION AND COMMUNICATION.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $587,792

Program Service Revenue $46,140

Investment Income $1,187

Other Revenue $0

TOTAL REVENUE $635,119

Expense Breakdown

Grants Paid $2,000

Salaries & Benefits $139,991

Fundraising Expenses $0

Program Expenses $376,182

Other Expenses $377,545

TOTAL EXPENSES $519,536

Year-over-Year Comparison

	2022	2021	Change
Revenue	$635,119	$382,429	+0.7%
Expenses	$519,536	$408,539	+0.3%
Net Income	$115,583	$-26,110	-5.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

$130,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRISTOPHER ALLEN	EXECUTIVE DI	40.00	Director	$130,000	$0	$130,000
AARLAN ACETO	TREASURER	1.00	Director	$0	$0	$0
LANARD ATKINS	REP IND MEMB	1.00	Director	$0	$0	$0
TOM BARRACATO	REP FIRM MEM	1.00	Director	$0	$0	$0
DIBBY BARTLETT	IMMEDIATE PA	1.00	Officer Director	$0	$0	$0
GEORGE BOURQUE	GUILD COUNCI	1.00	Director	$0	$0	$0
JOHN BRUENING	REP STATE SO	1.00	Director	$0	$0	$0
JOHNNA DUKES	PRESIDENT	1.00	Officer Director	$0	$0	$0
RON HARBERT	1ST VICE PRE	1.00	Officer Director	$0	$0	$0
JASON HARFENIST	STUDENT/APPR	1.00	Director	$0	$0	$0
DONNA HATCH	REP INDIV ME	1.00	Director	$0	$0	$0
RUSSELL B FRITZ JR	SEC/TREAS	1.00	Officer Director	$0	$0	$0
DOUG PELKEY	2ND VICE PRE	1.00	Director	$0	$0	$0
TYJIA SHERMAN	AT LARGE BD	1.00	Director	$0	$0	$0
SUE SHIRE	REP STATE SO	1.00	Director	$0	$0	$0
KEVIN SILVA	REP IND MEMB	1.00	Director	$0	$0	$0
PHERNELL WALKER	REP STATE SO	1.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2023	$635,119	$519,536	$317,135	$115,583
2022	$382,429	$408,539	$201,552	$-26,110
2021	$411,358	$335,993	$227,662	$75,365
2020	$461,485	$472,595	$152,297	$-11,110
2019	$561,287	$520,826	$163,407	$40,461

OPTICIANS ASSOCIATION OF AMERICA