California Optometric Association FY2020 filing

Not tax-deductible

Sacramento, CA501(c)(6)Mutual / membership EIN 94-1017064Revenue $2.3M in FY2020Latest return filed Sep 5, 2025

On file with the IRScoavision.org2701 Del Paso Rd Ste 130 Pmb 398, 95835-2306 · Sacramento, CATax-exempt since Aug 1959

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The mission of the California Optometric Association is to support and advance the profession of optometry to assure quality health care for all californians.

501(c)(6) business league; gifts are not tax-deductible as charitable contributions.
$720K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $549K a year · 17% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$720K
to officers and key staff · 30% of spending
Worth a look: pay to officers and key staff is 30% of spending; over 20%.
Pt VII · Sec A
8 mo
of spending, in cash
Plus $7.6M in investments, Pt X · Ln 11–13
Looks good: 8.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $99K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$322K
3% of total assets
Looks good: liabilities are 3% of assets; 50% or less.
Pt X · Ln 26
Independent board members
10
of 10 voting members
Looks good: 10 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.3M
Spent
$2.4M
To programs
0%
Net assets
$9.7M
By yearFY2020–FY2024
Revenue
$2.3M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$2.3M
FY2021$3.3M
FY2022$4.4M
FY2023$3.1M
FY2024$3.2M
Expenses
$2.4M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$2.4M
FY2021$2.4M
FY2022$2.8M
FY2023$2.9M
FY2024$3.1M
Net assets
$9.7M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$9.7M
FY2021$10.6M
FY2022$10.7M
FY2023$11.8M
FY2024$12.5M

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 1959.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

15 people listed on the 990; $720K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Di
$188,150Pt VII · Sec A
Associate Ex
$150,405Pt VII · Sec A
Dir of Finan
$141,892Pt VII · Sec A
Development
$138,534Pt VII · Sec A
Executive Di
$98,469Pt VII · Sec A
$2,400Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Kristine Shultz$254,781$257,876$244,778$221,125$188,150
Sarah Harbin$255,155$242,537$225,993$198,432$150,405
Jodi Haas$220,982$209,122$185,779$152,352$138,534
Louise McAtee———$151,029$141,892
William Howe III————$98,469
Candi Kimura Od$14,400————
Christopher Gee Od$12,000————
Ronald G Seger Od Faao————$2,400

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.

See California Optometric Association executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Advancing optometry to ensure quality eye care for all Californians.

Questions for California Optometric Association

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Your first name shows with your question. California Optometric Association answers here, for everyone.

1 program · in their own filed words · FY2020
01

The california optometric association held multiple extensive continuing education opportunities and trade shows for optometrists for re-licensure and professional development. Optowest southern california, in person, was held in february in los angeles, california; optowest virtual was held online in august 2020.

Pt IX · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2022
Total grants receivedfrom 1 funder$99K

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$2.3M
Ln 12
Fees for servicesLn 2g$1.9M
Other incomeLn 4–11$310K
Investment incomeLn 3$139K
Money outPt IX
$2.4M
Ln 25
Owns and owesPt X
$9.7M
net assets · Ln 32
Cash and savingsLn 1–2$1.7M
Total assetsLn 16$10.0M
LiabilitiesLn 26$322K
PeoplePt VI, VII
15
listed · VII A
PaidVII A6
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$1.9M
Investment incomeLn 3$139K
Other incomeLn 4–11$310K
Gains on assetsLn 7−$79K
Total revenueLn 12$2.3M
Assets in detailPt X, end of year
CashLn 1$231K
SavingsLn 2$1.4M
Cash and savings togetherLn 1–2$1.7M
Accounts receivableLn 4$22K
Prepaid expenses and deferred chargesLn 9$21K
Land, buildings, equipmentLn 10c$648K
InvestmentsLn 11–13$7.6M
Other assetsLn 15−$2K
Total assetsLn 16$10.0M
LiabilitiesLn 26$322K
Net assetsLn 32$9.7M
OperationsPt I, VI
EmployeesI 514
VolunteersI 640
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3More from this return
Investment feesPt IX, Sch D
Investment fees, as reportedPt IX 11f$36K
Share of the $6.8M endowmentSch D 1g0.52%
Typical, median of 1,806 orgs0.44%
EndowmentSch D · Pt V
LineFY20FY19FY18FY17FY16
End of yearLn 1g$6.8M$6.3M$5.4M$5.8M$5.2M
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$1.8M$1.7M
InvestmentsLn 11–13$7.2M$7.6M
Land, buildings, equipmentLn 10c$707K$648K
Total assetsLn 16$9.8M$10.0M
LiabilitiesLn 26$534K$322K
Net assetsLn 32$9.2M$9.7M
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$486K
Other salaries and wagesLn 7$605K
Pension plan contributionsLn 8$35K
Other employee benefitsLn 9$55K
Payroll taxesLn 10$97K
Legal feesLn 11b$31K
Accounting feesLn 11c$20K
Lobbying feesLn 11d$133K
Investment management feesLn 11f$36K
Other fees for servicesLn 11g$89K
Office expensesLn 13$46K
Information technologyLn 14$33K
OccupancyLn 16$56K
TravelLn 17$29K
Conferences, conventions and meetingsLn 19$115K
Depreciation, depletion and amortizationLn 22$190K
InsuranceLn 23$44K
Other expenses (24a–d)Ln 24$234K
All other expensesLn 24e$73K
Total functional expensesLn 25$2.4M$0$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 LatestFiled with the IRS Sep 5, 2025 $3.2M$3.1M$66K$12.5M 990 PDF
FY2023Filed with the IRS Oct 31, 2024 $3.1M$2.9M$269K$11.8M 990 PDF
FY2022Filed with the IRS Sep 28, 2023 $4.4M$2.8M$1.6M$10.7M 990 PDF
FY2021Filed with the IRS Oct 3, 2022 $3.3M$2.4M$856K$10.6M 990 PDF
FY2020 ViewingFiled with the IRS Nov 1, 2021 $2.3M$2.4M−$60K$9.7M 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $2,344,980 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenuePrior year $2,601,192$1,895,818
I-10 Investment incomePrior year $409,797$139,046
I-11 Other revenuePrior year $353,796$310,116
I-12 Total revenuePrior year $3,364,785$2,344,980
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $1,801,620$1,276,777
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $1,993,135$1,128,170
I-18 Total expensesPrior year $3,794,755$2,404,947
I-19 Revenue less expensesPrior year −$429,970−$59,967
Part VI · Governance 10 of 10 board members independent, no flags
VI-1a Voting members of the governing body10
VI-1b Independent voting members10
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $2,344,980 across 6 lines filed
Lines not itemized here account for $3,449 of total revenue; see the IRS return.
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,258,612 · Excluded from tax $637,206$1,895,818
VIII-3 Investment incomeExcluded from tax $218,145$218,145
VIII-5 RoyaltiesExcluded from tax $184,689$184,689
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$79,099−$79,099
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $87,798 · Unrelated business $34,180$121,978
VIII-12 Total revenueRelated to mission $1,346,410 · Unrelated business $34,180 · Excluded from tax $964,390$2,344,980
Part IX · Statement of functional expenses $2,404,947 across 19 lines filed
IX-5 Pay of current officers, directors and key staff$486,183
IX-7 Other salaries and wages$604,555
IX-8 Pension plan contributions$34,603
IX-9 Other employee benefits$54,760
IX-10 Payroll taxes$96,676
IX-11b Legal fees$31,322
IX-11c Accounting fees$19,600
IX-11d Lobbying fees$133,240
IX-11f Investment management fees$35,710
IX-11g Other fees for services$88,723
IX-13 Office expenses$46,299
IX-14 Information technology$32,657
IX-16 Occupancy$55,721
IX-17 Travel$28,967
IX-19 Conferences, conventions and meetings$114,604
IX-22 Depreciation, depletion and amortization$190,449
IX-23 Insurance$44,315
IX-24 Other expenses (24a–d)$233,668
IX-24e All other expenses$72,895
IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$2,404,947
Part X · Balance sheet $9,990,635 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $185,880$230,577
X-2 Savings and temporary cash investmentsStart of year $1,590,720$1,444,360
X-4 Accounts receivableStart of year $44,158$21,510
X-9 Prepaid expenses and deferred chargesStart of year $17,162$20,554
X-10c Land, buildings and equipment, netStart of year $706,576$648,259
X-11 Publicly traded securitiesStart of year $7,211,304$7,627,156
X-15 Other assetsStart of year $152−$1,781
X-16 Total assetsStart of year $9,755,952$9,990,635
X-17 Accounts payable and accrued expensesStart of year $398,215$254,862
X-19 Deferred revenueStart of year $136,277$67,122
X-26 Total liabilitiesStart of year $534,492$321,984
X-27 Net assets without donor restrictionsStart of year $9,221,460$9,668,651
X-32 Total net assets or fund balancesStart of year $9,221,460$9,668,651
X-33 Total liabilities and net assetsStart of year $9,755,952$9,990,635
Part XI · Reconciliation of net assets $9,668,651 net assets at year end
XI-1 Total revenue$2,344,980
XI-2 Total expenses$2,404,947
XI-3 Revenue less expenses−$59,967
XI-4 Net assets at start of year$9,221,460
XI-5 Net unrealized gains (losses) on investments$507,158
XI-10 Net assets at end of year$9,668,651

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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