BLOOMINGTON, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)MINNESOTA OPTOMETRIC ASSOCIATION, founded in 1938, is a small nonprofit that reported $764K in total revenue in fiscal year 2025. Revenue decreased 8% compared to the prior year.
THE MINNESOTA OPTOMETRIC ASSOCIATION EMPOWERS AND DEVELOPS OUR MEMBERS TO PROVIDE EXCEPTIONAL EYE CARE TO ALL MINNESOTANS BY ENRICHING THEIR BUSINESSES WITH DYNAMIC EDUCATIONAL, NETWORKING, AND LEGISLATIVE TOOLS.
ANNUAL MEETING AND CONTINUING EDUCATION FOR 170 OD'S EDUCATION IS TWO DAYS , A BUSINESS MEETING AND EXHIBIT HALL WERE ALSO HELD AT THE MEETING A SMALLER FALL MEETING WAS HELD WITH CE THAT WAS 2 DAYS...
ANNUAL MEETING AND CONTINUING EDUCATION FOR 170 OD'S EDUCATION IS TWO DAYS , A BUSINESS MEETING AND EXHIBIT HALL WERE ALSO HELD AT THE MEETING A SMALLER FALL MEETING WAS HELD WITH CE THAT WAS 2 DAYS OF EDUCATION FOR ABOUT 80 OD'S
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2025 | 2024 | Change | |
|---|---|---|---|
| Revenue | $764,287 | $834,122 | -0.1% |
| Expenses | $762,323 | $811,917 | -0.1% |
| Net Income | $1,964 | $22,205 | -0.9% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| THOMAS ELTON | PRESIDENT | 1.00 |
Director
|
$0 | $0 | $0 |
| TATE HERMAN | PRESIDENT ELECT | 1.00 |
Director
|
$0 | $0 | $0 |
| TERESA RHONE | VICE PRESIDENT | 1.00 |
Director
|
$0 | $0 | $0 |
| MATT DOWNS | TREASURER | 1.00 |
Director
|
$0 | $0 | $0 |
| STACY HINKEMEYER | IMMEDIATE PAST PRESIDENT | 1.00 |
Director
|
$0 | $0 | $0 |
| MARLANE BROWN | PAST PRESIDENT EMERITUS | 1.00 |
Director
|
$0 | $0 | $0 |
| TARA KEMPFER | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| NICOLE SCHMIEDT | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| KATE MONTEALEGRE | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| MIRANDA LEPINSKI | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| SASHA NIRANJALI NARAYAN | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| BETH COLEMAN-JENSEN | EXEC DIRECTOR | 40.00 |
Officer
|
$159,152 | $0 | $159,152 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $764,287 | $762,323 | $1,399,468 | $1,964 |
| 2024 | $834,122 | $811,917 | $1,262,728 | $22,205 |
| 2023 | $781,324 | $727,602 | $1,193,430 | $53,722 |
| 2022 | $793,885 | $701,445 | $1,147,061 | $92,440 |
| 2021 | $735,290 | $614,853 | $1,146,260 | $120,437 |
| 2020 | $645,295 | $582,408 | $972,686 | $62,887 |
| 2019 | $793,814 | $745,941 | $863,594 | $47,873 |
| 2018 | $767,613 | $699,950 | $765,478 | $67,663 |
Compare MINNESOTA OPTOMETRIC ASSOCIATION with other nonprofits in Minnesota and across the country.