OPTICAL SOCIETY OF AMERICA INC (EIN 530259696) - 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

1916

Legal Domicile

Principal Officer

Elizabeth Nolan

Phone

2022238130

Tax Period

2023-01-01 to 2023-12-31

OPTICAL SOCIETY OF AMERICA INC, founded in 1916, is a mid-sized nonprofit in the Diseases & Disorders sector that reported $68.2M in total revenue in fiscal year 2023. Revenue surged 54% from the prior year, signaling strong growth momentum. The organization ran a surplus of $16.7M, a strong 24% operating margin.

Mission

To promote the generation, application, and archiving of knowledge of optics and photonics and to disseminate the knowledge worldwide.

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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 $756,516

Program Service Revenue $41,608,865

Investment Income $25,303,167

Other Revenue $542,269

TOTAL REVENUE $68,210,817

Expense Breakdown

Grants Paid $3,684,605

Salaries & Benefits $24,566,529

Fundraising Expenses $0

Program Expenses $41,850,526

Other Expenses $23,306,292

TOTAL EXPENSES $51,557,426

Year-over-Year Comparison

	2023	2022	Change
Revenue	$68,210,817	$44,297,419	+0.5%
Expenses	$51,557,426	$48,350,842	+0.1%
Net Income	$16,653,391	$-4,053,423	-5.1%

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

187

Volunteers

8350

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

$1,607,311

Total Directors

Key Employees

$999,701

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Elizabeth A Rogan	Chief Executive Officer	37.5	Officer	$995,555	$385,500	$1,381,055
Sean Bagshaw	COO CIO	37.5	Key Emp	$461,150	$55,891	$517,041
Elizabeth Nolan	Deputy Exec. Dir./Chief Publishing Officer	37.5	Key Emp	$440,210	$42,450	$482,660
Chad Stark	Executive Director	37.5	Highest	$347,074	$49,060	$396,134
P Scott Carney	Chief Science and Technology Officer	37.5	Highest	$359,203	$33,491	$392,694
Genaro Montanez	Chief Employment and Membership Engagement Off	37.5	Highest	$286,032	$37,227	$323,259
Ryan Strowger	Chief Industry and Events Officer	37.5	Highest	$246,810	$33,408	$280,218
Bill Abbruzzo	Secretary	37.5	Officer	$205,380	$20,876	$226,256
Jens Biegert	Director	10	Director	$0	$0	$0
Aleksandra Boskovic	Director	10	Director	$0	$0	$0
Katherine Calabor	Director	10	Director	$0	$0	$0
Judith Dawes	Director	10	Director	$0	$0	$0
Julie Sheridan Eng	Director	10	Director	$0	$0	$0
Amy Eskilson	Director	10	Director	$0	$0	$0
Ulrike Fuchs	Director	10	Director	$0	$0	$0
Susana Marcos	Director	10	Director	$0	$0	$0
Joyce Poon	Director	10	Director	$0	$0	$0
Min Qiu	Director	10	Director	$0	$0	$0
Ulrike Woggon	Director	10	Director	$0	$0	$0
Michal Lipson	President	10	Officer	$0	$0	$0
Gerd Leuchs	President Elect	10	Officer	$0	$0	$0
Satoshi Kawata	Past-President	10	Officer	$0	$0	$0
George Bayz	Treasurer	10	Officer	$0	$0	$0
James Kafka	Vice-President	10	Officer	$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	$68,210,817	$51,557,426	$144,950,478	$16,653,391
2022	$44,297,419	$48,350,842	$133,390,502	$-4,053,423
2021	$51,003,670	$37,304,493	$157,741,246	$13,699,177
2020	$43,135,399	$40,372,301	$140,384,010	$2,763,098
2019	$49,549,907	$46,149,242	$126,923,998	$3,400,665
2018	$44,822,731	$42,405,494	$108,682,588	$2,417,237

OPTICAL SOCIETY OF AMERICA INC