Opticians Association Of America
Opticians Association Of America shows strong revenue growth and zero liabilities in latest filing.
EIN: 135573087 · Lexington, KY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $635K |
| Total Expenses | $520K |
| Program Spending | 80% |
| Net Assets | $317K |
| Transparency Score | 85/100 |
Is Opticians Association Of America Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Opticians Association Of America directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Opticians Association Of America
Opticians Association Of America (EIN: 135573087) is a nonprofit organization based in Lexington, KY. The organization reported total revenue of $635K and total assets of $317K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Opticians Association Of America's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Opticians Association Of America is a small nonprofit that has been operating for 77 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $635K |
| Total Expenses | $520K |
| Surplus / Deficit | +$116K |
| Total Assets | $317K |
| Net Assets | $317K |
| Operating Margin | 18.2% |
| Months of Reserves | 7.3 months |
Financial Health Grade: A
In 2023, Opticians Association Of America reported a surplus of $116K with revenue exceeding expenses, holds 7.3 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Opticians Association Of America's revenue has grown at a compound annual growth rate (CAGR) of 4.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +66.1% | +27.2% | +57.3% |
| 2022 | -7.0% | +21.6% | -11.5% |
| 2021 | -10.9% | -28.9% | +49.5% |
| 2020 | -17.8% | -9.3% | -6.8% |
| 2019 | +46.7% | +5.5% | +32.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1949 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Opticians Association Of America with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Opticians Association Of America allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $116K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's officers are not compensated, which is highly unusual for an organization of its size and suggests a volunteer-led or very lean operational structure at the top.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Opticians Association Of America:
- Zero liabilities reported across all 13 filings, indicating exceptional financial health.
- Significant revenue growth in the latest filing (202306) to $635,119.
- Consistent reporting of 0% officer compensation, suggesting efficient use of funds.
- Positive net assets and growth in assets, reaching $317,135 in 202306.
- Long history of consistent IRS 990 filings (13 filings), demonstrating transparency.
Frequently Asked Questions about Opticians Association Of America
Is Opticians Association Of America a legitimate charity?
Opticians Association Of America (EIN: 135573087) is a registered tax-exempt nonprofit based in Kentucky. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $635K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Opticians Association Of America spend its money?
Opticians Association Of America directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Opticians Association Of America tax-deductible?
Opticians Association Of America is registered as a tax-exempt nonprofit (EIN: 135573087). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Opticians Association Of America's spending goes to programs?
Opticians Association Of America directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Opticians Association Of America located?
Opticians Association Of America is headquartered in Lexington, Kentucky and files with the IRS under EIN 135573087.
How many years of IRS 990 filings does Opticians Association Of America have?
Opticians Association Of America has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $635K in total revenue.
Is Opticians Association Of America a good charity?
Based on the provided financial data, the Opticians Association Of America appears to be a financially healthy and well-managed organization. It consistently operates with zero liabilities and has shown strong revenue and asset growth in its latest filing. The absence of officer compensation is a significant positive indicator of efficient resource allocation.
How has the organization's revenue trended over time?
Revenue has fluctuated but shows a strong upward trend in the most recent period, jumping from $382,429 in 202206 to $635,119 in 202306. Prior to that, revenue generally ranged between $380,000 and $560,000 annually.
What is the organization's financial stability?
The organization demonstrates excellent financial stability, consistently reporting $0 in liabilities across all 13 filings. Its assets have also grown significantly in the latest period, reaching $317,135, further solidifying its stable financial position.
Filing History
IRS 990 filing history for Opticians Association Of America showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Opticians Association Of America's revenue has grown by 73.7%, moving from $366K to $635K. Total assets increased by 25.9% over the same period, from $252K to $317K. Total functional expenses rose by 123.3%, from $233K to $520K. In its most recent filing year (2023), Opticians Association Of America reported a surplus of $116K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $635K | $520K | $317K | $0 | — | View 990 |
| 2022 | $382K | $409K | $202K | $0 | — | View 990 |
| 2021 | $411K | $336K | $228K | $0 | — | — |
| 2020 | $461K | $473K | $152K | $0 | — | — |
| 2019 | $561K | $521K | $163K | $0 | — | View 990 |
| 2018 | $383K | $494K | $123K | $0 | — | View 990 |
| 2017 | $467K | $485K | $235K | $1K | — | View 990 |
| 2016 | $422K | $528K | $253K | $1K | — | View 990 |
| 2015 | $459K | $525K | $362K | $4K | — | View 990 |
| 2014 | $448K | $393K | $424K | $217 | — | View 990 |
| 2013 | $363K | $308K | $369K | $0 | — | View 990 |
| 2012 | $346K | $282K | $332K | $17K | — | View 990 |
| 2011 | $366K | $233K | $252K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $635K, expenses of $520K, and assets of $317K (revenue +66.1% year-over-year).
- 2022: Revenue of $382K, expenses of $409K, and assets of $202K (revenue -7.0% year-over-year).
- 2021: Revenue of $411K, expenses of $336K, and assets of $228K (revenue -10.9% year-over-year).
- 2020: Revenue of $461K, expenses of $473K, and assets of $152K (revenue -17.8% year-over-year).
- 2019: Revenue of $561K, expenses of $521K, and assets of $163K (revenue +46.7% year-over-year).
- 2018: Revenue of $383K, expenses of $494K, and assets of $123K (revenue -18.1% year-over-year).
- 2017: Revenue of $467K, expenses of $485K, and assets of $235K (revenue +10.8% year-over-year).
- 2016: Revenue of $422K, expenses of $528K, and assets of $253K (revenue -8.2% year-over-year).
- 2015: Revenue of $459K, expenses of $525K, and assets of $362K (revenue +2.5% year-over-year).
- 2014: Revenue of $448K, expenses of $393K, and assets of $424K (revenue +23.5% year-over-year).
- 2013: Revenue of $363K, expenses of $308K, and assets of $369K (revenue +4.8% year-over-year).
- 2012: Revenue of $346K, expenses of $282K, and assets of $332K (revenue -5.4% year-over-year).
- 2011: Revenue of $366K, expenses of $233K, and assets of $252K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Opticians Association Of America:
Data Sources and Methodology
This transparency report for Opticians Association Of America is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.