OPTOMETRY ASSOCIATION OF LOUISIANA

EIN: 720702458

SULPHUR, LA

Total Revenue
$835,855
Total Expenses
$763,952
Total Assets
$1,021,815
Net Assets
$1,018,996
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1937
Legal Domicile
LA
Principal Officer
DR ROBERT C JANOT OD
Phone
3376252020
Tax Period
2024-01-01 to 2024-12-31

OPTOMETRY ASSOCIATION OF LOUISIANA, founded in 1937, is a small nonprofit that reported $836K in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $764K left a modest 9% surplus.

Mission

PROMOTE GROWTH OF OPTOMETRY. THE ORGANIZATION PROVIDES CONTINUING EDUCATION PROGRAMS FOR ITS DOCTORS, SPONSORS PROGRAMS TO IMPROVE OPTOMETRY IN LOUISIANA, AND REPRESENTS LOUISIANA NATIONALLY IN OPTOMETRIC PROGRAMS AND EVENTS.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $469,478
Program Service Revenue $344,851
Investment Income $16,625
Other Revenue $4,901
TOTAL REVENUE $835,855

Expense Breakdown

Grants Paid $0
Salaries & Benefits $112,008
Fundraising Expenses $0
Program Expenses $287,224
Other Expenses $651,944
TOTAL EXPENSES $763,952

Year-over-Year Comparison

2024 2023 Change
Revenue $835,855 $761,322 +0.1%
Expenses $763,952 $804,354 -0.1%
Net Income $71,903 $-43,032 -2.7%
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

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Liquidity & Cash Position

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Governance

Voting Members
15
Independent Members
15
Employees
2
Volunteers
24

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
5
$98,400
Total Directors
15
$98,400
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT JANOT OD EXEC. DIRECTOR 20.00
Officer Director
$98,400 $0 $98,400
BRETT BENNETT OD PRESIDENT 1.00
Officer Director
$0 $0 $0
J MADISON WALL-HAYES OD PRESIDENT ELECT 1.00
Officer Director
$0 $0 $0
BRIDGET GUIDRY OD SECRETARY TREAS 1.00
Officer Director
$0 $0 $0
MICHAEL JORGENSEN OD BOARD MEMBER 1.00
Officer Director
$0 $0 $0
MEL GEHRIG OD BOARD MEMBER 1.00
Director
$0 $0 $0
JENNIFER TATE-BRASSEAUX OD BOARD MEMEBER 1.00
Director
$0 $0 $0
PHILLIP L CARNEY OD BOARD MEMBER 1.00
Director
$0 $0 $0
TY PRIMO OD BOARD MEMBER 1.00
Director
$0 $0 $0
LILLIAN BERGERON OD BOARD MEMBER 1.00
Director
$0 $0 $0
BRAD ANDERS OD BOARD MEMBER 1.00
Director
$0 $0 $0
KATIE CASADABAN OD BOARD MEMBER 1.00
Director
$0 $0 $0
CHRISTINE PASTILONG OD BOARD MEMBER 1.00
Director
$0 $0 $0
JENAYE DEROCHE OD BOARD MEMBER 1.00
Director
$0 $0 $0
AMANDA HICKMAN OD BOARD MEMBER 1.00
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 $835,855 $763,952 $1,021,815 $71,903
2023 $761,322 $804,354 $949,939 $-43,032
2022 $744,381 $525,029 $993,070 $219,352
2021 $668,891 $574,544 $770,773 $94,347
2020 $502,527 $823,094 $676,426 $-320,567
2019 $942,129 $584,446 $1,901,830 $357,683
2018 $644,704 $667,182 $1,297,612 $-22,478
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