Nevada Optometric Association EIN 88-0134350 Form 990 (PDF) Claim this org

Nevada Optometric Association

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Advancing optometry and public safety through education and policy in Nevada. For fiscal year 2024 it reported $270K in revenue, $221K in expenses, and $24K in net assets.Pt I

Type
Business league / trade association · Nonprofit
Location
Sparks, NV
Website
nevada.aoa.org
Filings
5 on file (2020–2024)
Revenue
$270KFY2024
Expenses
$221K
Net assets
$24K
People
13
Filings
5
Updates
0
More identity details & actions ⌄
EIN  88-0134350 Business league / trade association Sparks, NV
Form 990 (PDF)
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Size
$100K–1M
What they do
Advancing optometry and public safety through education and policy in Nevada.
Leadership
Terri Ogden · Executive Director · $58K
Money in and out
$270K revenue, $221K expenses
Bottom line
+18% operating surplus
Membership & operating revenue · FY2024
Total revenue
$270K
Pt VIII · Ln 12
Total expenses
$221K
Pt IX · Ln 25
Net assets
$24K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $49K
Operating surplus
+18%
revenue over expenses▲ +124% vs prior filing year
Earned revenue
73%
of revenue from program services & dues
Payroll share
29%
of spending is salaries & benefits▼ -7% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$270K
FY2024▲ +105%
Expenses
$221K
FY2024▼ -5%
Total assets
$61K
FY2024▲ +16%
Total liabilities
$37K
FY2024▼ -57%
Total revenue
$270K
Pt VIII · Ln 12
Total expenses
$221K
Pt IX · Ln 25
Net assets
$24K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$49K
Total assetsPt X · Ln 16$61K
Program-expense ratioPt IX · col B0%
Voting members of governing bodyPt I · Ln 312
Independent voting membersPt I · Ln 411

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CNevada Optometric Association
EINHdr · item D88-0134350
Principal addressHdr · item CSparks, NV
WebsiteHdr · item Jnevada.aoa.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNV
Exempt statusHdr · item I501(c)(6) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFApr 1976

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a12
Independent voting membersPt VI · Ln 1b11
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$57,554Pt VII · Sec A
Immediate Past President
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary-Treasurer
$0Pt VII · Sec A
President-Elect
$0Pt VII · Sec A
Committee Chair
$0Pt VII · Sec A
President - Elect
$0Pt VII · Sec A
Committee Chair
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2022FY2021FY2020
Terri M Ogden$62,930$59,742$50,493
Terri Ogden$57,554

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

1 program service, described in the organization's own filed words · FY2024.
01

Facilitate the exchange of ideas and ongoing professional development through in-person and virtual MEETINGS/EVENTS. Enhance public awareness of eye care safety through educational outreach.

Pt IX · col B

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Statement of Revenue

Part VIII
Program service revenue$198K · 73%
Other revenue$72K · 27%
Program service revenue73%$198K
Other revenue27%$72K
Investment income$16
Total revenueLn 12$270K

Balance Sheet

Part X · end of year
CashLn 1$56K
Total assetsLn 16$61K
Total liabilitiesLn 26$37K
Total net assetsLn 32$24K
Months of cash on handcomputed3.1

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $56K · Operating expenses/yr $221K
3.1 months
Where the money goes
Program services
Program services — · Total expenses $221K
Management & General
Management & general — · Total expenses $221K
Fundraising
Fundraising — · Total expenses $221K
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $136K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $270K
0%
Government reliance
Government grants — · Total revenue $270K
Earned-income share
Program service revenue $198K · Total revenue $270K
73%
Investment reliance
Investment income $16 · Total revenue $270K
<0.01%
Program self-sufficiency
Program service revenue $198K · Total expenses $221K
89%
Growth & trend
Revenue growth (YoY)
This year $270K · Prior year $131K
+105%
Revenue CAGR
FY2020 $298K · FY2024 $270K
-2%
Net-asset trend (YoY)
End of year $24K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $270K · Expenses $221K
+18%
Liabilities-to-Assets
Total liabilities — · Total assets $61K
Net-asset ratio
Net assets $24K · Total assets $61K
40%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $61K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Terri Ogden · Reported title Executive Director · Highest reported compensation $58K · Total expenses $221K
26%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $63K · Total expenses $221K
29%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Revenue growth 105%
Accounting fee ratio 6%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$270K revenue · viewing · ⤓ 990 PDF
FY2023$131K revenue · ⤓ 990 PDF
FY2022$202K revenue · ⤓ 990 PDF
FY2021$241K revenue · ⤓ 990 PDF
FY2020$298K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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