AMERICAN ACADEMY OF OPTOMETRY FOUNDATION INC (EIN 430768182) - 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

1947

Legal Domicile

Principal Officer

TRISH SHOMION

Phone

3213194870

Tax Period

2024-07-01 to 2025-06-30

AMERICAN ACADEMY OF OPTOMETRY FOUNDATION INC, founded in 1947, is a community nonprofit in the Diseases & Disorders sector that reported $3.4M in total revenue in fiscal year 2024. Revenue surged 87% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.3M, a strong 67% operating margin.

Mission

TO DEVELOP AND PROVIDE FINANCIAL SUPPORT FOR OPTOMETRIC RESEARCH AND EDUCATION.

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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 (2024)

Revenue Breakdown

Contributions & Grants $2,845,781

Program Service Revenue $0

Investment Income $596,462

Other Revenue $0

TOTAL REVENUE $3,442,243

Expense Breakdown

Grants Paid $751,000

Salaries & Benefits $160,661

Fundraising Expenses $104,413

Program Expenses $902,857

Other Expenses $237,702

TOTAL EXPENSES $1,149,363

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,442,243	$1,843,288	+0.9%
Expenses	$1,149,363	$1,438,377	-0.2%
Net Income	$2,292,880	$404,911	+4.7%

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

$494,082

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
VALERIE SHARPE	PRESIDENT	5.00	Officer Director	$0	$0	$0
LORETTA SZCZOTKA-FLYNN	PRESIDENT-ELECT	5.00	Officer Director	$0	$0	$0
KERRY GIEDD	SECRETARY/TREASURER	5.00	Officer Director	$0	$0	$0
RACHEL COULTER	IMMEDIATE PAST PRES.	5.00	Officer Director	$0	$0	$0
WENDY HARRISON	IMMEDIATE PAST PRES. (THRU 10/24)	5.00	Officer Director	$0	$0	$0
SHERRY DAY	BOARD MEMBER	5.00	Director	$0	$0	$0
APRIL JASPER	BOARD MEMBER	5.00	Director	$0	$0	$0
EVAN KAPLAN	BOARD MEMBER	5.00	Director	$0	$0	$0
A MIKA MOY	BOARD MEMBER	5.00	Director	$0	$0	$0
DAVE SATTLER	BOARD MEMBER (THRU 10/24)	5.00	Director	$0	$0	$0
LINDSAY SICKS	BOARD MEMBER	5.00	Director	$0	$0	$0
DANNE VENTURA	BOARD MEMBER	5.00	Director	$0	$0	$0
PHILLIP YUHAS	BOARD MEMBER	5.00	Director	$0	$0	$0
TRISH SHOMION	CHIEF EXECUTIVE OFFICER	15.00	Officer	$0	$27,582	$281,512
RICHARD JONES	CHIEF FINANCIAL OFFICER	14.00	Officer	$0	$27,463	$212,570

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
2025	$3,442,243	$1,149,363	$13,244,822	$2,292,880
2024	$1,843,288	$1,438,377	$10,951,028	$404,911
2023	$1,724,345	$1,359,770	$9,894,013	$364,575
2022	$1,583,428	$934,084	$8,602,014	$649,344
2021	$1,519,949	$880,579	$9,392,794	$639,370
2020	$1,093,219	$1,045,344	$7,646,554	$47,875
2019	$1,111,928	$923,153	$7,693,719	$188,775
2018	$1,707,312	$907,043	$7,543,255	$800,269

AMERICAN ACADEMY OF OPTOMETRY FOUNDATION INC