AMERICAN ACADEMY OF OPTOMETRY FOUNDATION INC: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- AMERICAN ACADEMY OF OPTOMETRY FOUNDATION INC (EIN 43-0768182)
- Tax period
- 2023-07-01 to 2024-06-30
- Filed
- 2025-05-07
- IRS object ID
- 202521279349301647
- Schema version
- 2023v6.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule F
- Schedule I
- Schedule J
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-05-07T10:05:42-05:00 | ReturnTs |
| Tax Period End | 2024-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 410746749 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLIFTONLARSONALLEN LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 420 SOUTH ORANGE AVENUE SUITE 900 | AddressLine1Txt |
| City | ORLANDO | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 32801 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 430768182 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | AMERICAN ACADEMY OF OPTOMETRY | BusinessNameLine1Txt |
| Business Name Line2 | FOUNDATION INC | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | AMER | BusinessNameControlTxt |
| Phone | 3213194870 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 925 S SEMORAN BLVD SUITE 120 | AddressLine1Txt |
| City | WINTER PARK | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 32792 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | TRISH SHOMION | PersonNm |
| Person Title | CEO | PersonTitleTxt |
| Phone | 3213194870 | PhoneNum |
| Signature | 2025-04-29 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | LACEY M QUATSOE | PreparerPersonNm |
| PTIN | P01300865 | PTIN |
| Phone | 4078021200 | PhoneNum |
| Preparation | 2025-04-21 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Principal Officer | TRISH SHOMION | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 925 S SEMORAN BLVD SUITE 120 | AddressLine1Txt |
| City | WINTER PARK | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 32792 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $2,786,558 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.AAOPT.ORG/HOME/AAOF | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1947 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | DEVELOP & PROVIDE FINANCIAL SUPPORT FOR OPTOMETRIC RESEARCH & EDUCATION | ActivityOrMissionDesc |
| Voting Members Governing Body | 13 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 13 | VotingMembersIndependentCnt |
| Total Employee | 2 | TotalEmployeeCnt |
| Total Volunteers | 39 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $1,513,320 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,501,929 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $211,025 | PYInvestmentIncomeAmt |
| CY Investment Income | $341,359 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $1,724,345 | PYTotalRevenueAmt |
| CY Total Revenue | $1,843,288 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $784,173 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $861,250 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $235,202 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $293,464 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $161,740 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $340,395 | PYOtherExpensesAmt |
| CY Other Expenses | $283,663 | CYOtherExpensesAmt |
| PY Total Expenses | $1,359,770 | PYTotalExpensesAmt |
| CY Total Expenses | $1,438,377 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $364,575 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $404,911 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $9,894,013 | TotalAssetsBOYAmt |
| Total Assets EOY | $10,951,028 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $613,325 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $672,201 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $9,280,688 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $10,278,827 | NetAssetsOrFundBalancesEOYAmt |
| Mission | TO DEVELOP AND PROVIDE FINANCIAL SUPPORT FOR OPTOMETRIC RESEARCH & EDUCATION | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $1,125,217 | ExpenseAmt |
| Grant | $861,250 | GrantAmt |
| Desc | THE AMERICAN ACADEMY OF OPTOMETRY FOUNDATION, INC. (FOUNDATION) PROMOTES THE ADVANCEMENT OF VISION SCIENCE BY PROVIDING FELLOWSHIPS, SCHOLARSHIPS, AND RESEARCH GRANTS TO OUTSTANDING GRADUATE STUDENTS OF OPTOMETRY AND VISION SCIENCE, AND THROUGH PUBLICATIONS, THE ACADEMY NEWSLETTER, AND WEBSITE. | Desc |
| Total Program Service Expenses | $1,125,217 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | 0 | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | Yes (1) | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | Yes (1) | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| Info In Schedule O Part V | Yes (X) | InfoInScheduleOPartVInd |
| IRP Document | 192 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 2 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 13 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 13 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | 0 | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | AL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | FL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | GA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | HI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | IL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KS | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MD | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MS | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NJ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NM | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | PA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | RI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | SC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | TN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | UT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | VA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WV | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WI | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RICHARD JONES | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3213194870 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 925 S SEMORAN BLVD SUITE 120 | AddressLine1Txt |
| City | WINTER PARK | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 32792 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (16 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|---|---|
| TRISH SHOMION | ||||||||
| CHIEF EXECUTIVE OFFICER | 15.00 | 25.00 | Yes (X) | $0 | $249,020 | $7,400 | ||
| RICHARD JONES | ||||||||
| CHIEF FINANCIAL OFFICER | 14.00 | 26.00 | Yes (X) | $0 | $187,408 | $24,698 | ||
| ROBERT GRAY | ||||||||
| VP, PHILANTHROPY | 40.00 | 0.00 | $158,865 | $0 | $23,645 | Yes (X) | ||
| RACHEL COULTER | ||||||||
| PRESIDENT | 5.00 | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| WENDY HARRISON | ||||||||
| IMMEDIATE PAST-PRES. | 5.00 | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| VALERIE SHARPE | ||||||||
| PRESIDENT-ELECT | 5.00 | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| LORETTA SZCZOTKA-FLYNN | ||||||||
| SECRETARY-TREASURER | 5.00 | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| SHERRY DAY | ||||||||
| BOARD MEMBER | 5.00 | 0.00 | $0 | $0 | $0 | Yes (X) | ||
| KERRY GIEDD | ||||||||
| BOARD MEMBER | 5.00 | 0.00 | $0 | $0 | $0 | Yes (X) | ||
| APRIL JASPER | ||||||||
| BOARD MEMBER | 5.00 | 0.00 | $0 | $0 | $0 | Yes (X) | ||
| A MIKA MOY | ||||||||
| BOARD MEMBER | 5.00 | 0.00 | $0 | $0 | $0 | Yes (X) | ||
| DAVE SATTLER | ||||||||
| BOARD MEMBER | 5.00 | 0.00 | $0 | $0 | $0 | Yes (X) | ||
| LINDSAY SICKS | ||||||||
| BOARD MEMBER | 5.00 | 0.00 | $0 | $0 | $0 | Yes (X) | ||
| SURESH VISWANATHAN | ||||||||
| BOARD MEMBER | 5.00 | 0.00 | $0 | $0 | $0 | Yes (X) | ||
| DANNE VENTURA | ||||||||
| BOARD MEMBER | 5.00 | 0.00 | $0 | $0 | $0 | Yes (X) | ||
| EVAN KAPLAN | ||||||||
| BOARD MEMBER - AS OF 6/2024 | 5.00 | 0.00 | $0 | $0 | $0 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $158,865 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $436,428 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $55,743 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 1 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| Related Organizations | $250,000 | RelatedOrganizationsAmt |
| All Other Contributions | $1,251,929 | AllOtherContributionsAmt |
| Total Contributions | $1,501,929 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $292,337 | TotalRevenueColumnAmt |
| Exclusion | $292,337 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $992,292 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $943,270 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $49,022 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $49,022 | TotalRevenueColumnAmt |
| Exclusion | $49,022 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,843,288 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $341,359 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $463,000 | TotalAmt |
| Program Services | $463,000 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $252,750 | TotalAmt |
| Program Services | $252,750 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $145,500 | TotalAmt |
| Program Services | $145,500 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $212,054 | TotalAmt |
| Program Services | $116,072 | ProgramServicesAmt |
| Management And General | $37,623 | ManagementAndGeneralAmt |
| Fundraising | $58,359 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $49,826 | TotalAmt |
| Program Services | $27,273 | ProgramServicesAmt |
| Management And General | $8,840 | ManagementAndGeneralAmt |
| Fundraising | $13,713 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $31,584 | TotalAmt |
| Program Services | $17,287 | ProgramServicesAmt |
| Management And General | $5,604 | ManagementAndGeneralAmt |
| Fundraising | $8,693 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,881 | TotalAmt |
| Management And General | $27,881 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $35,079 | TotalAmt |
| Management And General | $35,079 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $29,412 | TotalAmt |
| Program Services | $19,900 | ProgramServicesAmt |
| Fundraising | $9,512 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $330 | TotalAmt |
| Fundraising | $330 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $37,931 | TotalAmt |
| Program Services | $25,513 | ProgramServicesAmt |
| Management And General | $3,989 | ManagementAndGeneralAmt |
| Fundraising | $8,429 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $40,315 | TotalAmt |
| Program Services | $38,306 | ProgramServicesAmt |
| Management And General | $545 | ManagementAndGeneralAmt |
| Fundraising | $1,464 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,027 | TotalAmt |
| Management And General | $20,903 | ManagementAndGeneralAmt |
| Fundraising | $2,124 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $89,688 | TotalAmt |
| Program Services | $19,616 | ProgramServicesAmt |
| Management And General | $10,956 | ManagementAndGeneralAmt |
| Fundraising | $59,116 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,438,377 | TotalAmt |
| Program Services | $1,125,217 | ProgramServicesAmt |
| Management And General | $151,420 | ManagementAndGeneralAmt |
| Fundraising | $161,740 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $389,410 | BOYAmt |
| EOY | $841,027 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $210,340 | BOYAmt |
| EOY | $275,140 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,122,911 | BOYAmt |
| EOY | $712,308 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,750 | BOYAmt |
| EOY | $9,975 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,863,972 | BOYAmt |
| EOY | $8,986,482 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $292,630 | BOYAmt |
| EOY | $126,096 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,894,013 | BOYAmt |
| EOY | $10,951,028 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,127 | BOYAmt |
| EOY | $57,376 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,750 | BOYAmt |
| EOY | $3,750 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $602,448 | BOYAmt |
| EOY | $611,075 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $613,325 | BOYAmt |
| EOY | $672,201 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,303,957 | BOYAmt |
| EOY | $2,309,506 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,976,731 | BOYAmt |
| EOY | $7,969,321 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,280,688 | BOYAmt |
| EOY | $10,278,827 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,894,013 | BOYAmt |
| EOY | $10,951,028 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $404,911 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $631,029 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$37,801 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consol And Sep Basis Fincl Stmt | Yes (X) | ConsolAndSepBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $823,834 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,027,037 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,094,842 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,513,320 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,501,929 | CurrentTaxYearAmt |
| Total | $5,960,962 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $823,834 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,027,037 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,094,842 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,513,320 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,501,929 | CurrentTaxYearAmt |
| Total | $5,960,962 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $3,336,357 | SubstantialContributorsTotAmt |
| Public Support Total170 | $2,624,605 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $225,440 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $265,464 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $372,320 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $218,628 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $292,337 | CurrentTaxYearAmt |
| Total | $1,374,189 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $7,335,151 | TotalSupportAmt |
| Public Support CY170 | 0.35780 | PublicSupportCY170Pct |
| Public Support PY170 | 0.35800 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $576,498 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $30,059 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $4,925 | GrantsOrScholarshipsAmt |
| End Year Balance | $601,632 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $558,213 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $23,785 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $5,500 | GrantsOrScholarshipsAmt |
| End Year Balance | $576,498 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $609,917 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $38,204 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $13,500 | GrantsOrScholarshipsAmt |
| End Year Balance | $558,213 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $565,460 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $57,207 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $12,750 | GrantsOrScholarshipsAmt |
| End Year Balance | $609,917 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $574,773 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $3,681 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $12,994 | GrantsOrScholarshipsAmt |
| End Year Balance | $565,460 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.49926 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.34963 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.15111 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
| Total Book Value Land Buildings | $0 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DUE TO AAO | Desc |
| Amt | $611,075 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $611,075 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $2,691,619 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $631,029 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $252,381 | DonatedServicesAndUseFcltsAmt |
| Revenue Not Reported | $883,410 | RevenueNotReportedAmt |
| Revenue Subtotal | $1,808,209 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $35,079 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $35,079 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $1,843,288 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $1,693,480 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $252,381 | DonatedServicesUseFcltsAmt |
| Other Expenses Included | $37,801 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $290,182 | ExpensesNotReportedAmt |
| Expenses Subtotal | $1,403,298 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $35,079 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $35,079 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $1,438,377 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4: | THE FOUNDATION HAS MANY SEPARATE FUNDS, SOME OF WHICH ARE ENDOWED. ALL FUNDS ARE ESTABLISHED FOR DIRECT FINANCIAL SUPPORT (AWARDS, GRANTS, AND ASSISTANCE) TOWARDS RESEARCH AND EDUCATION. |
| PART X, LINE 2: | THE FOUNDATION IS EXEMPT FROM THE PAYMENT OF INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC). THE FOUNDATION FILES AS A PUBLICLY SUPPORTED ORGANIZATION UNDER SECTION 170(B)(1)(A)(VI) OF THE IRC. AS REQUIRED BY THE UNCERTAIN TAX POSITION GUIDANCE, THE FOUNDATION RECOGNIZES THE FINANCIAL STATEMENT BENEFIT OF A TAX POSITION ONLY AFTER DETERMINING THAT THE RELEVANT TAX AUTHORITY WOULD MORE LIKELY THAN NOT SUSTAIN THE POSITION FOLLOWING AN AUDIT. FOR TAX POSITIONS MEETING THE MORE-LIKELY-THAN-NOT THRESHOLD, THE AMOUNT RECOGNIZED IN THE FINANCIAL STATEMENTS IS THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT WITH THE RELEVANT TAX AUTHORITY. THE FOUNDATION APPLIED THE UNCERTAIN TAX POSITION GUIDANCE TO ALL TAX POSITIONS FOR WHICH THE STATUTE OF LIMITATIONS REMAINED OPEN AND DETERMINED THERE WERE NO MATERIAL UNRECOGNIZED TAX BENEFITS AS OF THAT DATE. AS OF JUNE 30, 2024 AND 2023, THE ORGANIZATION DOES NOT BELIEVE THERE IS ANY UNCERTAINTY WITH RESPECT TO ITS TAX POSITIONS. THE FOUNDATION HAS NOT HISTORICALLY FILED ANY UNRELATED BUSINESS INCOME TAX (UBIT) RETURNS. TAX YEARS REMAIN OPEN FOR YEARS IN WHICH A UBIT RETURN HAS NOT BEEN FILED. ADDITIONALLY, THE GUIDANCE PROVIDES FOR THE RECOGNITION OF INTEREST AND PENALTIES RELATED TO INCOME TAXES. THERE WERE NO INTEREST OR PENALTIES RELATED TO INCOME TAXES THAT HAVE BEEN ACCRUED OR RECOGNIZED AS OF AND FOR THE YEARS ENDED JUNE 30, 2024 AND 2023. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | BAD DEBT EXPENSE 37,801. |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (5 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|
| EUROPE | 0 | 0 | GRANTMAKING | $9,500 |
| CANADA | 0 | 0 | GRANTMAKING | $53,500 |
| AUSTRALIA | 0 | 0 | GRANTMAKING | $52,000 |
| AFRICA (GHANA) | 0 | 0 | GRANTMAKING | $5,500 |
| EAST ASIA | 0 | 0 | GRANTMAKING | $25,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $145,500 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $145,500 | TotalSpentAmt |
Grants To Org Outside US GrantsToOrgOutsideUSGrp (2 entries)
| RegionRegionTxt | Purpose Of GrantPurposeOfGrantTxt | Cash GrantCashGrantAmt | Manner Of Cash DisbursementMannerOfCashDisbursementTxt | Non Cash AssistanceNonCashAssistanceAmt |
|---|---|---|---|---|
| CANADA | SCHOLARSHIPS/FELLOWSHIPS | $15,000 | WIRE | $0 |
| EAST ASIA AND THE PACIFIC | RESEARCH/DEVELOPMENT GRANT | $25,000 | WIRE | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 0 | Total501c3OrgCnt |
| Total Other Org | 2 | TotalOtherOrgCnt |
Foreign Individuals Grants ForeignIndividualsGrantsGrp (4 entries)
| Type Of AssistanceTypeOfAssistanceTxt | RegionRegionTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt | Manner Of Cash DisbursementMannerOfCashDisbursementTxt |
|---|---|---|---|---|
| SCHOLARSHIP/FELLOWSHIP | EUROPE | 1 | $9,500 | WIRE |
| SCHOLARSHIP/FELLOWSHIP | CANADA | 12 | $38,500 | WIRE |
| SCHOLARSHIP/FELLOWSHIP | AUSTRALIA | 8 | $52,000 | WIRE |
| SCHOLARSHIP/FELLOWSHIP | SUB-SAHARAN AFRICA | 4 | $5,500 | WIRE |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfer To Foreign Corp | 0 | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | 0 | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | 0 | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | RESEARCH GRANTS: GRANTS ARE ALWAYS AWARDED TO AN "OVERSEEING" INSTITUTION (USUALLY A COLLEGE, MEDICAL ORG, OR RESEARCH INSTITUTION) AND NOT DIRECTLY TO THE PERSON. ALSO, THE INSTITUTION MUST SIGN A CONTRACT AFFIRMING THEIR INTENT, AND THE INDIVIDUAL MUST PROVIDE POST-GRANT REPORTS UPON REQUEST. SCHOLARSHIPS/FELLOWSHIPS: THESE ARE ONLY AWARDED TO STUDENTS AT ELIGIBLE UNIVERSITIES AND WE MAINTAIN RELATIONSHIPS WITH EACH OF THOSE UNIVERSITIES TO ENSURE COMPLIANCE. APPLICANTS MUST ALSO AGREE TO THE TERMS WHEN APPLYING. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (22 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Purpose Of GrantPurposeOfGrantTxt | Address Line2USAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|---|
| FERRIS STATE UNIVERSITY | |||||||||
| 1201 S STATE ST | BIG RAPIDS | MI | 49307 | 386005159 | 501(C)(3) | $8,000 | $0 | SCHOLARSHIP | |
| ILLINOIS COLLEGE OF OPTOMETRY | |||||||||
| 3241 S MICHIGAN AVE | CHICAGO | IL | 60616 | 362310478 | 501(C)(3) | $8,000 | $0 | SCHOLARSHIP | |
| INDIANA UNIVERSITY SCHOOL OF OPTOMETRY | |||||||||
| 800 EAST ATWATER AVENUE | BLOOMINGTON | IN | 47405 | 356002673 | 501(C)(3) | $8,750 | $0 | SCHOLARSHIP | |
| INTER AMERICAN UNIVERSITY OF PUERTO RICO SCHOOL OF OPTOMETRY | |||||||||
| ATTN DR IRIS CABELLO RIVAS STUDENT | BAYAMON | PR | 009576257 | 660177776 | 501(C)(3) | $8,000 | $0 | SCHOLARSHIP | SERVICES OFFICE - 500 JOHN WILL HAR |
| MARSHALL B KETCHUM UNIVERSITY | |||||||||
| ATTN JOAN RUBIO - 2575 YORBA LINDA | FULLERTON | CA | 92831 | 951644593 | 501(C)(3) | $14,500 | $0 | SCHOLARSHIP | BLVD |
| MASSACHUSETTS COLLEGE OF PHARMACY AND HEALTH SCIENCES | |||||||||
| 10 LINCOLN SQUARE | WORCHESTER | MA | 01608 | 042104700 | 501(C)(3) | $8,000 | $0 | SCHOLARSHIP | |
| MIDWESTERN UNIVERSITY ARIZONA COLLEGE OF OPTOMETRY | |||||||||
| ATTN GRACE LIAO - 5865 W UTOPIA | GLENDALE | AZ | 85308 | 363377698 | 501(C)(3) | $15,000 | $0 | SCHOLARSHIP | ROAD |
| NEW ENGLAND COLLEGE OF OPTOMETRY | |||||||||
| 424 BEACON STREET | BOSTON | MA | 02115 | 041591060 | 501(C)(3) | $9,500 | $0 | SCHOLARSHIP | |
| NORTHEASTERN STATE UNIVERSITY | |||||||||
| ATTN SANDY PATRICK - 1001 NORTH | TAHLEQUAH | OK | 74464 | 911898417 | 501(C)(3) | $8,000 | $0 | SCHOLARSHIP | GRAND AVENUE |
| NOVA SOUTHEASTERN COLLEGE OF OPTOMETRY | |||||||||
| 3300 S UNIVERSITY DRIVE - TERRY | FORT LAUDERDALE | FL | 33328 | 591083502 | 501(C)(3) | $8,000 | $0 | SCHOLARSHIP | BUILDING 1402 |
| PACIFIC UNIVERSITY - COLLEGE OF OPTOMETRY | |||||||||
| 2043 COLLEGE WAY | FOREST GROVE | OR | 97116 | 930386892 | 501(C)(3) | $8,000 | $0 | SCHOLARSHIP | |
| PENNSYLVANIA COLLEGE OF OPTOMETRY AT SALUS UNIVERSITY | |||||||||
| 8360 OLD YORK ROAD | ELKINS PARK | PA | 19027 | 231413680 | 501(C)(3) | $19,000 | $0 | SCHOLARSHIP | |
| SOUTHERN COLLEGE OF OPTOMETRY | |||||||||
| 1245 MADISON AVENUE | MEMPHIS | TN | 38104 | 620548917 | 501(C)(3) | $8,000 | $0 | SCHOLARSHIP | |
| SUNY STATE COLLEGE OF OPTOMETRY NEW YORK | |||||||||
| 33 WEST 42ND STREET | NEW YORK | NY | 10036 | 146013200 | 501(C)(3) | $8,000 | $0 | RESEARCH GRANT | |
| THE OHIO STATE UNIVERSITY COLLEGE OF OPTOMETRY | |||||||||
| 338 WEST 10TH AVENUE | COLUMBUS | OH | 43210 | 316025986 | 501(C)(3) | $8,000 | $0 | SCHOLARSHIP | |
| UNIVERSITY OF ALABAMA - BIRMINGHAM SCHOOL OF OPTOMETRY | |||||||||
| 1716 UNIVERSITY BOULEVARD HPB - 121 | BIRMINGHAM | AL | 35124 | 636005396 | 501(C)(3) | $258,000 | $0 | SCHOLARSHIP | |
| UNIVERSITY OF CALIFORNIA - BERKELEY SCHOOL OF OPTOMETRY | |||||||||
| ATTN SANDHYA ANDREWS - 380 MINOR | BERKELEY | CA | 94720 | 940002123 | 501(C)(3) | $8,000 | $0 | SCHOLARSHIP | LANE |
| UNIVERSITY OF HOUSTON COLLEGE OF OPTOMETRY | |||||||||
| ATTN SCHOLARSHIPS FINANCIAL AID | HOUSTON | TX | 772511426 | 746001399 | 501(C)(3) | $10,000 | $0 | SCHOLARSHIP | ACCOUNTING TEAM - PO BOX 1426 |
| UNIVERSITY OF MARYLAND BALTIMORE | |||||||||
| PO BOX 41428 | BALTIMORE | MD | 212036428 | 526002033 | 501(C)(3) | $10,000 | $0 | SCHOLARSHIP | |
| UNIVERSITY OF MISSOURI - STLOUIS COLLEGE OF OPTOMETRY | |||||||||
| ONE UNIVERSITY BOULEVARD - | ST LOUIS | MO | 63121 | 436003859 | 501(C)(3) | $8,000 | $0 | SCHOLARSHIP | OPTOMETRY 331MH |
| UNIVERSITY OF THE INCARNATE WORD | |||||||||
| ATTN ASHLEIGH YATES - 9725 | SAN ANTONIO | TX | 78209 | 741109661 | 501(C)(3) | $8,500 | $0 | SCHOLARSHIP | DATAPOINT DRIVE |
| WESTERN UNIVERSITY OF HEALTH SCIENCES | |||||||||
| 701 E SECOND STREET | POMONA | CA | 91766 | 953127273 | 501(C)(3) | $8,000 | $0 | SCHOLARSHIP | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 24 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (3 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|
| SCHOLARSHIPS AND FELLOWSHIPS | 20 | $131,500 |
| TRAVEL GRANT | 154 | $117,750 |
| PROFESSIONAL ACHIEVEMENT AWARDS | 2 | $3,500 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | RESEARCH GRANTS: GRANTS ARE ALWAYS AWARDED TO AN "OVERSEEING" INSTITUTION (USUALLY A COLLEGE, MEDICAL ORG, OR RESEARCH INSTITUTION) AND NOT DIRECTLY TO THE PERSON. ALSO, THE INSTITUTION MUST SIGN A CONTRACT AFFIRMING THEIR INTENT, AND THE INDIVIDUAL MUST PROVIDE POST-GRANT REPORTS UPON REQUEST. SCHOLARSHIPS/FELLOWSHIPS: THESE ARE ONLY AWARDED TO STUDENTS AT ELIGIBLE UNIVERSITIES AND WE MAINTAIN RELATIONSHIPS WITH EACH OF THOSE UNIVERSITIES TO ENSURE COMPLIANCE. APPLICANTS MUST ALSO AGREE TO THE TERMS WHEN APPLYING. TRAVEL AWARDS: TRAVEL AWARDS ARE ONLY DISTRIBUTED AFTER THE TRAVEL HAS OCCURRED. FOR EXAMPLE, OUR ANNUAL MEETING TRAVEL AWARDS ARE PAID AFTER THE MEETING ONCE ATTENDANCE HAS BEEN CONFIRMED. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (3 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| TRISH SHOMION | ||||||||||||||
| CHIEF EXECUTIVE OFFICER | $0 | $199,020 | $0 | $0 | $0 | $50,000 | $0 | $0 | $0 | $7,400 | $0 | $256,420 | $0 | $0 |
| RICHARD JONES | ||||||||||||||
| CHIEF FINANCIAL OFFICER | $0 | $184,158 | $0 | $3,250 | $0 | $0 | $0 | $0 | $0 | $24,698 | $0 | $212,106 | $0 | $0 |
| ROBERT GRAY | ||||||||||||||
| VP, PHILANTHROPY | $156,765 | $0 | $2,100 | $0 | $0 | $0 | $0 | $0 | $23,645 | $0 | $182,510 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 3 | FormAndLineReferenceDesc |
| Explanation | THE CHIEF EXECUTIVE OFFICER'S COMPENSATION IS DETERMINED BY THE AMERICAN ACADEMY OF OPTOMETRY, A RELATED ORGANIZATION. A PERFORMANCE EVALUATION IS CONDUCTED ANNUALLY USING A 360-DEGREE EVALUATION BY STAFF, COMMITTEES AND SECTION OFFICERS, AS WELL AS THE BOARD. THE MANAGEMENT COMMITTEE MAKES A RECOMMENDATION TO THE BOARD, TAKING INTO ACCOUNT A REVIEW OF COMPARABLE SALARIES PROVIDED IN SALARY SURVEYS OF NOT-FOR-PROFITS. THE BOARD REVIEWS THE MANAGEMENT COMMITTEE'S RECOMMENDATION. THE DECISION/APPROVAL IS DOCUMENTED IN THE MINUTES AND IN THE CHIEF EXECUTIVE OFFICER CONTRACT. THIS PROCESS LAST OCCURRED IN 2024. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART V, LINE 2A: | THE NUMBER OF EMPLOYEES LISTED AS BEING ON FORM W-3 IS THE TOTAL EMPLOYEE COUNT FOR THE FILING ORGANIZATION. WHILE THE AMERICAN ACADEMY OF OPTOMETRY IS THE COMMON PAYMASTER FOR THE FOUNDATION, THE NUMBER OF EMPLOYEES ONLY INCLUDES THE EMPLOYEE COUNT FOR THE FOUNDATION. |
| FORM 990, PART VI, SECTION A, LINE 1A | THE EXECUTIVE COMMITTEE SHALL BE COMPRISED OF THE OFFICERS OF THE CORPORATION. THE PRESIDENT SHALL SERVE AS CHAIR OF THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE SHALL NOT HAVE THE AUTHORITY TO RELIEVE ANY OFFICER OF THE CORPORATION OF HIS DUTIES NOR SHALL IT HAVE THE AUTHORITY TO FILL ANY OFFICE OF THE CORPORATION. SUBJECT TO THE NEW YORK STATE NON-PROFIT CORPORATION LAW, THE EXECUTIVE COMMITTEE SHALL EXERCISE ALL OTHER POWER OVER OF THE BOARD OF DIRECTORS WHEN THE BOARD OF DIRECTORS SHALL NOT BE IN SESSION UNLESS THOSE POWERS ARE SPECIFICALLY RETAINED BY THE BOARD OF DIRECTORS IN OTHER SECTIONS OF THESE BYLAWS. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE AMERICAN ACADEMY OF OPTOMETRY BOARD OF DIRECTORS APPOINTS THE FOUNDATION BOARD MEMBERS FOR TWO-YEAR TERMS AND DESIGNATES A MEMBER OF ITS BOARD OF DIRECTORS AS LIAISON TO THE FOUNDATION BOARD. |
| FORM 990, PART VI, SECTION B, LINE 11B | PRIOR TO BEING FILED, THE FORM 990 IS REVIEWED BY THE FINANCE COMMITTEE AND PRESENTED TO THE FULL BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE FOUNDATION FOLLOWS THE CONFLICT OF INTEREST POLICY OF THE AMERICAN ACADEMY OF OPTOMETRY. WHEN ANY INTEREST ON THE PART OF A BOARD OF DIRECTORS MEMBER, COMMITTEE MEMBER OR SECTION OFFICER, OR THE EXECUTIVE DIRECTOR, OR OTHER STAFF MEMBER, OR A MEMBER OF THEIR IMMEDIATE FAMILY, POSES A CONFLICT OR AN APPEARANCE OF A CONFLICT WITH THE INDIVIDUAL'S AAO RESPONSIBILITIES, THE BOARD MEMBER, COMMITTEE MEMBER, OR SECTION OFFICER WILL: PROMPTLY CALL THE CONFLICT OR APPEARANCE OF CONFLICT TO THE ATTENTION OF THE BOARD MEMBERS WHO ARE PARTICIPATING IN OR VOTING ON THE ISSUE WHICH POSES THE POSSIBLE CONFLICT AND ABSTAIN FROM PARTICIPATION IN OR VOTING ON THE ISSUE. THE OFFICIAL MINUTES OF ANY MEETING AT WHICH A DISCLOSURE OF CONFLICT WAS MADE WILL NOTE THAT FACT AND THAT THE BOARD MEMBER, COMMITTEE OR SECTION OFFICER, OR EXECUTIVE DIRECTOR ABSTAINED FROM ANY PARTICIPATION IN THE ISSUE. EACH MEMBER OF THE BOARD OF DIRECTORS, COMMITTEE MEMBER AND SECTION OFFICERS, AND THE ACADEMY STAFF WILL COMPLETE AND RETURN A CONFIDENTIAL "CONFLICT OF INTEREST DISCLOSURE FORM" TO THE ACADEMY OFFICE ANNUALLY, WHERE IT WILL BE MAINTAINED IN A CONFIDENTIAL FILE AVAILABLE FOR REVIEW ONLY IF A CHALLENGE IS RAISED. |
| FORM 990, PART VI, SECTION B, LINE 15B | KEY EMPLOYEE SALARY IS DETERMINED BY THE AMERICAN ACADEMY OF OPTOMETRY, A RELATED ORGANIZATION. A PERFORMANCE EVALUATION IS CONDUCTED ANNUALLY WITH THE CHIEF EXECUTIVE OFFICER. THE CHIEF EXECUTIVE OFFICER THEN MAKES A SALARY DETERMINATION, TAKING INTO ACCOUNT EMPLOYEE PERFORMANCE, AND A REVIEW OF COMPARABLE SALARIES, PROVIDED IN SALARY SURVEYS OF NOT-FOR-PROFITS. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE FOUNDATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. |
| FORM 990, PART XI, LINE 9: | BAD DEBT EXPENSE -37,801. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | AMERICAN ACADEMY OF OPTOMETRY | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 622 EAST WASHINGTON ST SUITE 300 | AddressLine1Txt |
| City | ORLANDO | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 32801 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 411227642 | EIN |
| Primary Activities | OPTOMETRIC RESEARCH & SUPPORT | PrimaryActivitiesTxt |
| Legal Domicile State | DC | LegalDomicileStateCd |
| Exempt Code Section | 501(C)(3) | ExemptCodeSectionTxt |
| Public Charity Status | LINE 10 | PublicCharityStatusTxt |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Controlled Organization | 0 | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (1) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | Yes (1) | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | Yes (1) | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
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