Optometry Cares - The AOA Foundation (EIN 237292391) - 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

1973

Legal Domicile

Phone

3149914100

Tax Period

2023-01-01 to 2023-12-31

Optometry Cares - The AOA Foundation, founded in 1973, is a small nonprofit in the Human Services sector that reported $513K in total revenue in fiscal year 2023. Revenue decreased 18% compared to the prior year.

Mission

OPTOMETRY CARES, THE AOA FOUNDATION, IS COMMITTED TO EXPAND EYE CARE AWARENESS, EDUCATION, RESEARCH, AND ACCESS TO EYE HEALTH AND VISION CARE TO EVERYONE IN THE U.S.

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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 (2023)

Revenue Breakdown

Contributions & Grants $460,321

Program Service Revenue $0

Investment Income $6,253

Other Revenue $46,849

TOTAL REVENUE $513,423

Expense Breakdown

Grants Paid $85,694

Salaries & Benefits $189,453

Fundraising Expenses $0

Program Expenses $352,468

Other Expenses $234,020

TOTAL EXPENSES $509,167

Year-over-Year Comparison

	2023	2022	Change
Revenue	$513,423	$626,345	-0.2%
Expenses	$509,167	$612,788	-0.2%
Net Income	$4,256	$13,557	-0.7%

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

N/A

Volunteers

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

$1,186,176

Total Directors

$271,490

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	PRESIDENT	2.0	Officer Director	$0	$0	$58,284
N/A	VICE PRESIDENT	2.0	Officer Director	$0	$0	$0
N/A	SECRETARY/TREASURER	2.0	Officer Director	$0	$0	$0
N/A	TRUSTEE	2.0	Director	$0	$0	$58,216
N/A	TRUSTEE	2.0	Director	$0	$0	$0
N/A	TRUSTEE	2.0	Director	$0	$0	$39,837
N/A	TRUSTEE	2.0	Director	$0	$0	$65,089
N/A	TRUSTEE	2.0	Director	$0	$0	$50,064
N/A	EXECUTIVE DIRECTOR	2.0	Officer	$0	$31,267	$551,605
N/A	CHIEF OPERATING OFFICER	8.0	Officer	$0	$16,491	$276,827
N/A	CHIEF FINANCIAL AND TECHNOLOGY	2.0	Officer	$0	$38,829	$299,460

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
2024	No data	No data	No data	No data
2023	$513,423	$509,167	$535,915	$4,256
2022	$626,345	$612,788	$544,990	$13,557
2021	$720,272	$548,059	$545,870	$172,213
2020	$1,106,124	$1,124,391	$948,686	$-18,267
2019	$686,743	$897,807	$473,859	$-211,064
2018	$983,873	$931,340	$679,613	$52,533

Optometry Cares - The AOA Foundation