2025-05-07T10:02:15-05:00 2024-06-30 410746749 CLIFTONLARSONALLEN LLP 420 SOUTH ORANGE AVENUE SUITE 900 ORLANDO FL 32801 990 2023-07-01 411227642 AMERICAN ACADEMY OF OPTOMETRY AMER 3213194860 925 S SEMORAN BLVD SUITE 120 WINTER PARK FL 32792 TRISH SHOMION CEO 3213194860 2025-04-29 1 1 LACEY M QUATSOE P01300865 4078021200 2025-04-21 2023 2025-03-06 01:10:19Z X TRISH SHOMION 925 S SEMORAN BLVD SUITE 120 WINTER PARK FL 32792 9855287 0 X WWW.AAOPTOM.ORG X 1929 DC TO MAINTAIN AND ENHANCE EXCELLENCE IN OPTOMETRIC PRACTICE 8 8 20 457 0 0 413423 340818 7288157 7553835 626682 432284 235309 232322 8563571 8559259 507000 353356 0 0 2152444 2361871 0 0 0 7273960 6203948 9933404 8919175 -1369833 -359916 12107546 12371354 2885876 2833721 9221670 9537633 X TO MAINTAIN AND ENHANCE EXCELLENCE IN OPTOMETRIC PRACTICE 0 0 5231499 5318253 ANNUAL MEETING: THE ANNUAL MEETING WAS HELD TO EXCHANGE MEDICAL AND SCIENTIFIC KNOWLEDGE RELATING TO THE FIELD OF OPTOMETRY. THE ANNUAL MEETING INCLUDES THE CONTINUING EDUCATION PROGRAM THAT CONSISTS OF MORE THAN 320 COURSES AND PROMOTES KNOWLEDGE ON ALL ASPECTS OF THE OPTOMETRY PRACTICE. THE ANNUAL MEETING HAD 7,083 ATTENDEES, 5,782 OF THOSE ATTENDEES WERE NON-EXHIBITORS. 965943 353356 THE ACADEMY PROVIDES DIRECT SUPPORT FOR STUDENTS PURSUING EDUCATION, PROFESSIONALS PURSUING RESEARCH, AND/OR OVERALL ADVANCEMENT IN THE OPTOMETRY PROFESSION. 763308 2234382 SECTIONS AND MEMBERSHIP: THE AMERICAN ACADEMY OF OPTOMETRY'S (ACADEMY OR AAO) SECTIONS ALLOW FOR THE EXCHANGE OF MEDICAL AND SCIENTIFIC KNOWLEDGE RELATING TO SPECIALTIES WITHIN THE FIELD OF OPTOMETRY. MEMBERSHIP DUES AND APPLICATIONS FEES ARE RECEIVED IN EXCHANGE FOR MEMBERSHIP BENEFITS SUCH AS ACCESS TO LOCAL CHAPTERS TO MAKE IT EASY TO KEEP IN TOUCH THROUGH SOCIAL FUNCTIONS AND STUDY BETWEEN REGULAR ANNUAL MEETINGS AND ABILITY TO JOIN ONE OR MORE OF THE SECTIONS AND SPECIAL INTEREST GROUPS DEVOTED TO VARIOUS AREAS OF FOCUS. THERE WERE 7,118 ACTIVE MEMBERS AS OF THE LAST DAY OF FISCAL YEAR 2024. 613543 1200 PUBLICATIONS: THE ACADEMY'S JOURNAL, OPTOMETRY & VISION SCIENCE, ARCHIVES THE ADVANCEMENT OF PRIMARY EYE CARE BY PUBLISHING CURRENT RESEARCH IN THE FIELD. THE ACADEMY'S NEWSLETTERS INFORMS MEMBERS OF ACTIVITIES AND PROMOTES FELLOWSHIP. 613543 1200 7574293 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 0 0 1 0 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 X 298 0 1 20 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 8 8 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 0 AL AR CA FL GA HI IL KS KY MD MA MI MN MS NH NJ NM NY NC OR PA RI SC TN UT VA WV WI X RICHARD JONES 3213194860 925 S SEMORAN BLVD SUITE 120 WINTER PARK FL 32792 TRISH SHOMION CHIEF EXECUTIVE OFFICER 25.00 15.00 X 249020 0 7400 RICHARD JONES CHIEF FINANCIAL OFFICER 26.00 14.00 X 187408 0 24698 HELEN VIKSNINS VP, EDUCATION/PROFESSIONAL RELATIONS 38.00 2.00 X 149310 0 22993 ELIZABETH TAYLOR VP, MEETINGS & INDUSTRY RELATIONS 40.00 0.00 X 124758 0 10454 JOEL LABORDE VP OF STRATEGIC INITIATIVES 30.00 10.00 X 108077 0 19674 DAVID HARRISON DIRECTOR OF DIGITAL ENGAGEMENT 35.00 5.00 X 108608 0 17072 SUSAN COTTER PRESIDENT 10.00 0.00 X X 0 0 0 TIMOTHY MCMAHON IMMEDIATE PAST-PRES. 10.00 0.00 X X 0 0 0 JEFFREY WALLINE PRESIDENT-ELECT 10.00 0.00 X X 0 0 0 CARL SPEAR SECRETARY-TREASURER 10.00 0.00 X X 0 0 0 NICHOLAS COLATRELLA BOARD MEMBER 10.00 0.00 X 0 0 0 ANDREW MICK BOARD MEMBER 10.00 0.00 X 0 0 0 CHRIS WILMER BOARD MEMBER 10.00 0.00 X 0 0 0 NANCY WONG BOARD MEMBER 10.00 0.00 X 0 0 0 927181 0 102291 6 0 1 0 JCPK GROUP 220 E TRADEWINDS ROAD WINTER SPRINGS FL 32708 CONSTRUCTION/RENO (NEW OFFICE) 780850 PROJECT PRESENTATION TECHNOLOGY 5803 ROLLING RD SUITE 200 SPRINGFIELD VA 22152 AUDIO/VISUAL SERVICES & EQUIPMENT 492639 2 340818 340818 ANNUAL MEETING 813920 5318253 5318253 MEMBERSHIP DUES 813920 2234382 2234382 PUBLICATIONS 513120 1200 1200 7553835 332150 332150 232072 232072 1396162 1296028 100134 100134 100134 MISCELLANEOUS INCOME 900099 250 250 250 8559259 7553835 0 664606 330000 330000 15750 15750 7606 7606 479196 244970 234226 1407395 1008784 398611 116084 81934 34150 208856 143848 65008 150340 100579 49761 42100 42100 57606 57606 33862 33862 183675 179665 4010 28375 28375 447738 389714 58024 459750 371198 88552 75053 50211 24842 237861 213174 24687 3364044 3272284 91760 366938 245488 121450 41406 27701 13705 JOURNAL 549658 549658 SPEAKERS 209126 209126 PRINTING 82896 82896 ORGANIZATION DUES & FEE 17000 17000 6860 4332 2528 8919175 7574293 1344882 0 103461 468955 137383 157553 140000 0 295150 160779 348497 375802 2813900 802122 2282817 2011778 8178662 8582793 621576 613694 12107546 12371354 538374 335336 2034325 2369669 313177 128716 2885876 2833721 X 7339988 7389224 1881682 2148409 9221670 9537633 12107546 12371354 -359916 675879 0 X 0 1 X 1 0 X 79738 264108 614028 413423 340818 1712115 6338702 3658226 6222978 7288157 7553835 31061898 6418440 3922334 6837006 7701580 7894653 32774013 0 561644 126722 596678 594521 1423413 3302978 561644 126722 596678 594521 1423413 3302978 29471035 687314 610463 887617 543995 564222 3293611 687314 610463 887617 543995 564222 3293611 8595 100 250 8945 7105754 4541392 7724623 8245675 8459125 36076569 0.81690 0.83260 0.09130 0.10220 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: MISCELLANEOUS REVENUE - 2020 AMOUNT: $ 8,595. 2022 AMOUNT: $ 100. 2023 AMOUNT: $ 250. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 874142 118361 13740 978763 799000 96663 21521 874142 961483 -142490 19993 799000 759351 218482 16350 961483 762729 12784 16162 759351 0.44148 0.55852 0.00000 0 0 1735893 84464 1651429 1010478 679337 331141 67529 38321 29208 2011778 OPERATING LEASE OBLIGATION 2620 DUE TO AAOF 126096 128716 X PART V, LINE 4: THE ACADEMY HAS NUMEROUS SEPARATE ENDOWMENT FUNDS. EACH ENDOWMENT WAS ESTABLISHED TO PROVIDE INCOME IN SUPPORT OF SPECIFIC ACTIVITIES. THESE FUNDS AND ACTIVITIES RANGE FROM AWARDS FOR STUDENTS TO TECHNOLOGY USED IN OPERATIONS. PART X, LINE 2: THE ACADEMY AND THE FOUNDATION, HEREINAFTER COLLECTIVELY REFERRED TO AS THE ORGANIZATION, ARE EXEMPT FROM THE PAYMENT OF INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC). THE ACADEMY HAS BEEN CLASSIFIED BY THE IRS AS A PUBLICLY SUPPORTED ORGANIZATION UNDER SECTION 509(A)(2) OF THE 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 ORGANIZATION 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 ORGANIZATION 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 ORGANIZATION 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. 1 AUSTRALIA 0 0 GRANTMAKING 7606 0 0 0 0 0 0 7606 0 7606 FELLOWSHIP AUSTRALIA 3 7606 CHECK 0 0 0 0 0 0 PART I, LINE 2: 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 NOT DISTRIBUTED UNTIL AFTER THE EVENT, AND AFTER WE HAVE VERIFIED THE REQUIRED TRAVEL AND ATTENDANCE THAT THE AWARD PERTAINS TO. FOR EXAMPLE, OUR ANNUAL MEETING TRAVEL AWARDS ARE PAID AFTER THE MEETING ONLY TO VERIFIED ATTENDEES. 1 AMERICAN ACADEMY OF OPTOMETRY FOUNDATION 622 EAST WASHINGTON ST STE 300 ORLANDO FL 32801 430768182 501(C)(3) 250000 0 CONTRIBUTION TO EDUCATION UNIVERSITY OF ALABAMA AT BIRMINGHAM 801 5TH AVENUE SOUTH BIRMINGHAM AL 35233 636005396 501(C)(3) 50000 0 CAREER DEVELOPMENT AWARD CONTACT LENSE MANUFACTURER ASSOCIATION PO BOX 5223 LINCOLN NE 68505 237073347 501(C)(3) 15000 0 SUPPORT FOR GPLI GP LENS INSTITUTE PO BOX 5223 LINCOLN NE 68505 822077174 501(C)(3) 15000 0 SUPPORT FOR RESIDENT ATTENDEES 4 SCHOLARSHIPS/FELLOWSHIPS 9 7000 AWARDS 3 4750 TRAVEL 6 4000 PART I, LINE 2: 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. X X 1 1 X X X 0 0 0 0 0 0 0 1 0 TRISH SHOMION CHIEF EXECUTIVE OFFICER 199020 0 0 0 50000 0 0 0 7400 0 256420 0 0 0 RICHARD JONES CHIEF FINANCIAL OFFICER 184158 0 3250 0 0 0 0 0 24698 0 212106 0 0 0 HELEN VIKSNINS VP, EDUCATION/PROFESSIONAL RELATIONS 147210 0 2100 0 0 0 0 0 22993 0 172303 0 0 0 PART I, LINE 1A ALL EMPLOYEES ARE ELIGIBLE TO RECEIVE UP TO $25 A MONTH FOR GYM AND HEALTH CLUB DUES. ON A CASE BY CASE BASIS, BUSINESS CLASS TRAVEL IS ALLOWED FOR LONG INTERNATIONAL FLIGHTS. PART I, LINE 7 THE BOARD OF DIRECTORS DISCUSSES AND DETERMINES THE BONUS BASED ON THE TOTAL BONUS POOL, WHICH IS ALLOCATED AMONG STAFF. 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 AAO IS THE COMMON PAYMASTER FOR A RELATED ORGANIZATION, THE NUMBER OF EMPLOYEES ONLY INCLUDES THE EMPLOYEE COUNT FOR AAO. FORM 990, PART VI, SECTION A, LINE 6 THE ACADEMY SHALL BE A MEMBERSHIP ORGANIZATION AND SHALL BE COMPRISED OF TWO CLASSES OF MEMBERS: VOTING MEMBERS AND NONVOTING MEMBERS. THE VOTING MEMBERS OF THE ACADEMY SHALL BE THE FELLOWS OF THE ACADEMY (INCLUDING HONORARY FELLOWS, LIFE FELLOWS AND ERNERITUS FELLOWS) AND SHALL BE THE ONLY CLASS OF MEMBERS WITH THE RIGHT TO VOTE. THE NONVOTING MEMBERS OF THE ACADEMY SHALL BE THE CANDIDATES FOR FELLOWSHIP AND THE STUDENT MEMBERS OF THE ACADEMY. FORM 990, PART VI, SECTION A, LINE 7A THE OFFICERS AND AT-LARGE MEMBERS OF THE ACADEMY'S BOARD OF DIRECTORS ARE ELECTED BY THE VOTING MEMBERS AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION A, LINE 7B AMENDMENTS TO THE ACADEMY'S GOVERNING DOCUMENTS MUST BE RATIFIED BY A TWO-THIRDS VOTE OF THOSE VOTING MEMBERS PRESENT, PROVIDED A QUORUM IS PRESENT. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE COMMITTEE REVIEWS THE FORM 990 AND PRESENTS IT TO THE FULL BOARD OF DIRECTORS PRIOR TO IT BEING FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C 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, OR EXECUTIVE DIRECTOR 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 15 A PERFORMANCE EVALUATION IS CONDUCTED ANNUALLY WITH THE BOARD OF DIRECTORS. THE EVALUATION IS CONDUCTED 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. CHIEF FINANCIAL OFFICER SALARY IS DETERMINED BY A PERFORMANCE EVALUATION 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 ACADEMY MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. AMERICAN ACADEMY OF OPTOMETRY FOUNDATION INC 925 S SEMORAN BLVD SUITE 120 WINTER PARK FL 32792 430768182 FUNDRAISING TO SUPPORT OPTOMETRIC RESEARCH & EDUCATION NY 501(C)(3) LINE 7 AAO 1 0 1 0 1 1 0 0 0 0 0 0 0 0 1 1 1 1 0 0 AMERICAN ACADEMY OF OPTOMETRY FOUNDATION INC B 250000 COST AMERICAN ACADEMY OF OPTOMETRY FOUNDATION INC D 126096 COST AMERICAN ACADEMY OF OPTOMETRY FOUNDATION INC E 611075 COST AMERICAN ACADEMY OF OPTOMETRY FOUNDATION INC N 72461 COST AMERICAN ACADEMY OF OPTOMETRY FOUNDATION INC O 179920 COST