OPTOMETRIC FOUNDATION OF NORTH DAKOTA INC (EIN 770599827) - 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

2003

Legal Domicile

Principal Officer

JASON SCHAFF

Phone

7013563143

Tax Period

2024-01-01 to 2024-12-31

OPTOMETRIC FOUNDATION OF NORTH DAKOTA INC, founded in 2003, is a small nonprofit in the Diseases & Disorders sector that reported $122K in total revenue in fiscal year 2024. Revenue surged 89% from the prior year, signaling strong growth momentum. The organization ran a surplus of $94K, a strong 77% operating margin.

Mission

IMPROVING LIVES BY IMPROVING SIGHT

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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 $77,283

Program Service Revenue $0

Investment Income $44,800

Other Revenue $0

TOTAL REVENUE $122,083

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $362

Program Expenses $20,886

Other Expenses $27,760

TOTAL EXPENSES $27,760

Year-over-Year Comparison

	2024	2023	Change
Revenue	$122,083	$64,593	+0.9%
Expenses	$27,760	$16,026	+0.7%
Net Income	$94,323	$48,567	+0.9%

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

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

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRIAN BEATTIE OD	PAST CHAIR	0.25	Officer Director	$0	$0	$0
BLAINE BURDICK	Treasurer	0.25	Officer Director	$0	$0	$0
JASON SCHAFF	Chair	0.25	Officer Director	$0	$0	$0
KRISTIN ENGSTROM OD	Secretary	0.25	Officer Director	$0	$0	$0
JAMES HELMERS	Vice Chair	0.25	Officer Director	$0	$0	$0
LORI SCHEEL	Director	0.25	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	$122,083	$27,760	$706,990	$94,323
2023	$64,593	$16,026	$589,352	$48,567
2021	$88,182	$25,602	$614,472	$62,580
2020	$81,037	$6,574	$518,771	$74,463
2019	$92,398	$1,994,161	$410,568	$-1,901,763
2018	$162,330	$38,305	$2,319,668	$124,025

OPTOMETRIC FOUNDATION OF NORTH DAKOTA INC