AMERICAN ASSOCIATION OF CORPORATE … - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2013

Legal Domicile

Principal Officer

PEG DENSMORE

Phone

7708154519

Tax Period

2023-01-01 to 2023-12-31

AMERICAN ASSOCIATION OF CORPORATE OPTOMETRISTS, founded in 2013, is a small nonprofit in the Community Improvement sector that reported $277K in total revenue in fiscal year 2023. Revenue fell 44% from the prior year — a significant decline worth monitoring.

Mission

To provide technical and professional education, practice resources, and tools for corporate affiliated optometrists so they may provide the highest quality care for their patients.

Program Service Accomplishments

Program 1

Annual National Meeting - This is a national gathering for all members as well as vendors who serve member optometrists. Courses offered at this meeting provide continuing education credit for...

Annual National Meeting - This is a national gathering for all members as well as vendors who serve member optometrists. Courses offered at this meeting provide continuing education credit for continued licensure of member optometrists. Vendors who attend are requested to provide education on disease processes and products and services that offer diagnosis and treatment options.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $276,603

Investment Income $0

Other Revenue $0

TOTAL REVENUE $276,603

Expense Breakdown

Grants Paid $0

Salaries & Benefits $62,060

Fundraising Expenses $0

Other Expenses $240,893

TOTAL EXPENSES $302,953

Year-over-Year Comparison

	2023	2022	Change
Revenue	$276,603	$492,398	-0.4%
Expenses	$302,953	$501,409	-0.4%
Net Income	$-26,350	$-9,011	+1.9%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Key Employees

$57,200

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PEG DENSMORE	EXECUTIVE DIRECTOR	040.00	Key Emp	$57,200	$0	$57,200
CARLA GASPARINI	PRESIDENT	004.00	Officer Director	$0	$0	$0
LAUREEN WALDRON	VICE PRESIDENT	004.00	Officer Director	$0	$0	$0
DONNA GOUKLER	SECRETARY	004.00	Officer Director	$0	$0	$0
ANDRE LENOIR	TREASURER	004.00	Officer Director	$0	$0	$0
CARLA LINDSEY	DIRECTOR	N/A	Director	$0	$0	$0
JOHN WOMACK	DIRECTOR	N/A	Director	$0	$0	$0
GORDON PENN	DIRECTOR	N/A	Director	$0	$0	$0
MELONIE CLEMMONS	DIRECTOR	N/A	Director	$0	$0	$0
JENNIFER BODLEY	DIRECTOR	N/A	Director	$0	$0	$0
ROBERT HOUGHTELING	DIRECTOR	N/A	Director	$0	$0	$0
MARK JACKSON	DIRECTOR	N/A	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
2024	No data	No data	No data	No data
2023	$276,603	$302,953	$42,918	$-26,350
2022	$492,398	$501,409	$64,136	$-9,011
2021	$399,365	$441,969	$62,358	$-42,604
2020	$429,755	$473,405	$104,962	$-43,650
2019	$658,906	$690,947	$148,612	$-32,041
2018	$707,714	$665,604	$180,652	$42,110

AMERICAN ASSOCIATION OF CORPORATE OPTOMETRISTS