AMERICAN CENTER FOR OPTICS MANUFAC… - Form 990 Financial Data

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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

2018

Legal Domicile

Principal Officer

DAVID SHELTON

Phone

4079204844

Tax Period

2024-01-01 to 2024-12-31

AMERICAN CENTER FOR OPTICS MANUFACTURING INC, founded in 2018, is a community nonprofit in the Science & Technology sector that reported $4.9M in total revenue in fiscal year 2024. Revenue surged 71% from the prior year, signaling strong growth momentum. Expenses of $4.7M left a modest 4% surplus.

Mission

DESIGN AND EXECUTE WORKFORCE TRAINING PROGRAMS TO SUPPORT THE INCREASING COMPLEXITY AND GROWING MANUFACTURING REQUIREMENTS OF THE NATION'S OPTICS INDUSTRY. DEVELOP ADVANCED OPTIC MANFACTURING TECHNOLOGIES, TESTING EQUIPMENT, AND THE SPECIALIZED MATERIALS REQUIRED TO SUPPORT SCALABLE MANUFACTURING. SUCCESSFULLY TRANSITION MISSION-CRITICAL OPTICS TECHNOLOGIES FROM RESEARCH INTO SUSTAINABLE MANUFACTURING.

Program Service Accomplishments

Program 1

Expenses: $2,013,020

DESIGN AND EXECUTE WORKFORCE TRAINING PROGRAMS TO SUPPORT THE INCREASING COMPLEXITY AND GROWING MANUFACTURING REQUIREMENTS OF THE NATION'S OPTICS INDUSTRY.

Program 2

Expenses: $1,398,880

DEVELOP ADVANCED OPTIC MANFACTURING TECHNOLOGIES, TESTING EQUIPMENT, AND THE SPECIALIZED MATERIALS REQUIRED TO SUPPORT SCALABLE MANUFACTURING.

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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 $4,931,231

Program Service Revenue $0

Investment Income $1,020

Other Revenue $0

TOTAL REVENUE $4,932,251

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,628,835

Fundraising Expenses $0

Program Expenses $3,411,900

Other Expenses $3,107,912

TOTAL EXPENSES $4,736,747

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,932,251	$2,878,824	+0.7%
Expenses	$4,736,747	$2,845,890	+0.7%
Net Income	$195,504	$32,934	+4.9%

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

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

$197,493

Total Directors

$24,583

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RONALD DRIGGERS	DIRECTOR	1.00	Director	$0	$0	$0
KIRKLAND J WARDEN	DIRECTOR	0.33	Director	$5,000	$0	$5,000
MICHAEL J BECHTOLD	DIRECTOR	1.60	Director	$5,000	$0	$5,000
BOB BICKSLER	DIRECTOR	1.00	Director	$2,083	$0	$2,083
LEN CHALOUX	DIRECTOR	1.00	Director	$2,500	$0	$2,500
JOHN SCHAEFER	DIRECTOR	1.00	Director	$0	$0	$0
JENNIFER CABLE	DIRECTOR	1.00	Director	$2,500	$0	$2,500
JESSICA NELSON	DIRECTOR	1.00	Director	$2,500	$0	$2,500
BRIGIT GILMAN	DIRECTOR	1.00	Director	$2,500	$0	$2,500
RICK PLYMPTON	DIRECTOR	1.00	Director	$2,500	$0	$2,500
DAVE SHELTON	CHIEF EXECUTIVE OFFICER	40.00	Officer	$197,493	$0	$197,493
JOSANNE DENATALE	DIRECTOR OF NATIONAL MKTG & WFI	40.00	Highest	$149,412	$0	$149,412
KIRSTEN NOBEL	SR. PROGRAM MANAGER	40.00	Highest	$149,363	$0	$149,363
ROBERT BICKSLER	FORMER CHIEF EXECUTIVE OFFICER	40.00		$240,000	$0	$240,000

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	No data	No data	No data	No data
2024	$4,932,251	$4,736,747	$7,671,943	$195,504
2023	$2,878,824	$2,845,890	$4,915,678	$32,934
2022	$1,778,657	$1,778,815	$3,019,526	$-158
2021	$886,662	$458,991	$449,823	$427,671

AMERICAN CENTER FOR OPTICS MANUFACTURING INC