SOUTHERN COUNCIL OF OPTOMETRISTS INC (EIN 580867559) - 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

1959

Legal Domicile

Principal Officer

ELIZABETH TAYLOR DEMAYO

Phone

7704518206

Tax Period

2024-08-01 to 2025-07-31

SOUTHERN COUNCIL OF OPTOMETRISTS INC, founded in 1959, is a community nonprofit that reported $3.4M in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year. Expenses of $3.8M exceeded revenue, resulting in a 11% operating deficit.

Mission

THE ORGANIZATION'S MISSION IS TO ADVANCE EYECARE WORLD-WIDE THROUGH EDUCATION, PROFESSIONAL NETWORKING, AND STRATEGIC PARTNERSHIPS.

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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 $0

Program Service Revenue $3,403,659

Investment Income $31,208

Other Revenue $0

TOTAL REVENUE $3,434,867

Expense Breakdown

Grants Paid $133,910

Salaries & Benefits $472,651

Fundraising Expenses $0

Other Expenses $3,200,724

TOTAL EXPENSES $3,807,285

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,434,867	$3,676,488	-0.1%
Expenses	$3,807,285	$3,606,710	+0.1%
Net Income	$-372,418	$69,778	-6.3%

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

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

$243,607

Total Directors

$243,607

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TIM BARRY OD	PRESIDENT	5.00	Officer Director	$2,250	$0	$2,250
DAVID ROUSE OD	PRESIDENT ELECT	5.00	Officer Director	$3,250	$0	$3,250
MATT BURCHETT OD	VICE PRESIDENT	5.00	Officer Director	$2,750	$0	$2,750
BRAD LANE OD	TREASURER	3.00	Officer Director	$2,049	$0	$2,049
PATRICIA WALKER OD	SECRETARY	3.00	Officer Director	$598	$0	$598
MICHELLE COOPER OD	IMMEDIATE PAST PRESIDENT	3.00	Officer Director	$2,800	$0	$2,800
HORACE DEAL OD	IMMEDIATE PAST PRESIDENT	3.00	Officer Director	$8,043	$0	$8,043
BENJAMIN CASELLA OD	TRUSTEE	1.00	Director	$0	$0	$0
HOWARD DAY OD	TRUSTEE	1.00	Director	$0	$0	$0
JOE DROTER OD	TRUSTEE	1.00	Director	$0	$0	$0
PATRICIA FLIPPIN-WESTFALL OD	TRUSTEE	1.00	Director	$0	$0	$0
MICHAEL HAINES OD	TRUSTEE	1.00	Director	$0	$0	$0
LORI ROBERTS HAUSER OD	TRUSTEE	1.00	Director	$0	$0	$0
KEVIN KASOVICH OD	TRUSTEE	1.00	Director	$0	$0	$0
GREGORY SAMMONS OD	TRUSTEE	1.00	Director	$0	$0	$0
BRYAN STAM OD	TRUSTEE	1.00	Director	$0	$0	$0
TESHAWNA SUTTON OD	TRUSTEE	1.00	Director	$0	$0	$0
MIKE WEEDEN OD	TRUSTEE	1.00	Director	$0	$0	$0
MICHELLE WELCH OD	TRUSTEE	1.00	Director	$0	$0	$0
ELIZABETH TAYLOR DEMAYO	EXECUTIVE DIRECTOR	50.00	Officer Director	$203,981	$17,886	$221,867

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	$3,434,867	$3,807,285	$2,563,748	$-372,418
2024	$3,676,488	$3,606,710	$3,232,687	$69,778
2023	$3,831,051	$3,841,913	$3,899,031	$-10,862
2022	$3,545,808	$3,098,068	$3,985,876	$447,740
2021	$3,344,047	$2,699,767	$3,597,843	$644,280
2020	$4,143,643	$3,823,614	$2,297,037	$320,029
2019	$3,987,822	$4,509,702	$2,270,070	$-521,880
2018	$4,050,621	$4,502,081	$3,061,256	$-451,460

SOUTHERN COUNCIL OF OPTOMETRISTS INC