Overview
What is American Academy Of Optometry Foundation Inc?
The American Academy of Optometry Foundation Inc, based in Orlando, Florida, is a nonprofit organization dedicated to fostering advancements in vision science. They accomplish this by offering fellowships, scholarships, and research grants to exceptional optometry and vision science graduate students. Their support extends beyond financial aid, as they also publish academy newsletters and maintain an informative website. The primary mission of this foundation is to develop and provide funding for optometric research and education, contributing significantly to the field.
Official website here: www.aaopt.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The American Academy of Optometry Foundation Inc has received a highly commendable Four-Star rating from Charity Navigator, indicating a strong commitment to transparency and accountability. With a score of 96%, the foundation demonstrates effective financial management, boasting a 78.47% program expense ratio, which suggests that a significant portion of its funds directly supports its mission-related activities.
The foundation's governance structure is robust, with a fully independent board of 12 members and excellent scores in key oversight areas. Policies such as conflict of interest, whistleblower protections, and document retention are in place and well-documented, reflecting a high standard of operational integrity. The foundation has also achieved maximum points in oversight metrics, underscoring its commitment to responsible financial stewardship.
While the organization exhibits remarkable strengths in its operations and financial practices, continuous monitoring of its program effectiveness and impact would be beneficial. Overall, the American Academy of Optometry Foundation Inc stands out as a charity that prioritizes accountability and effective use of resources to advance its mission in eye care and vision science.
This AI summary has been generated from information found on Charity Navigator.
Is American Academy Of Optometry Foundation Inc legitimate?
American Academy Of Optometry Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Academy Of Optometry Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $212,054
Professional Fundraising Fees: $0
Other Salaries and Wages: $49,826
For more financial information, click here
Official website here: www.aaopt.org
What is the mission statement of American Academy Of Optometry Foundation Inc?
The American Academy of Optometry Foundation Inc's mission is centered around supporting optometric research and education. In pursuit of this goal, the foundation provides financial aid to exceptional optometry and vision science graduate students through fellowships, scholarships, and research grants. Additionally, the foundation fosters the advancement of vision science by disseminating information through publications, such as the Academy newsletter and website.
Official website here: www.aaopt.org
Who is the CEO of American Academy Of Optometry Foundation Inc?
Trish Shomion is the CEO of American Academy Of Optometry Foundation Inc The CEO's salary of American Academy Of Optometry Foundation Inc is $0 and their total compensation is $256,420.
Official website here: www.aaopt.org
What is the revenue of American Academy Of Optometry Foundation Inc?
American Academy Of Optometry Foundation Inc's revenue in 2024 was $1,843,288.
Official website here: www.aaopt.org
Who are the executives of American Academy Of Optometry Foundation Inc and what are their salaries?
The average compensation at American Academy Of Optometry Foundation Inc during 2024 was $130,940. There are 2 employees and 39 volunteers at American Academy Of Optometry Foundation Inc.
Here are 16 key members and their salaries (American Academy Of Optometry Foundation Inc's CEO's salary is $0 and their total compensation is $256,420):
- Compensation: $0
- Related: $249,020
- Other: $7,400
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- Related: $187,408
- Other: $24,698
- Compensation: $158,865
- Related: $0
- Other: $23,645
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- Other: $0
Official website here: www.aaopt.org
Where can I find the form 990 for American Academy Of Optometry Foundation Inc?
American Academy Of Optometry Foundation Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.aaopt.org
Learn more at the official website: www.aaopt.org
Mission Statement of American Academy Of Optometry Foundation Inc
The American Academy of Optometry Foundation Inc is dedicated to promoting the advancement of vision science. They achieve this mission by providing financial support in the form of fellowships, scholarships, and research grants. These resources are granted to exceptional graduate students in the fields of optometry and vision science. Additionally, the foundation supports its cause through publications, disseminating information through their newsletter and website. By doing so, the American Academy of Optometry Foundation Inc contributes significantly to the development and expansion of knowledge in the field of optometry and vision science.
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Impact
July, 2024
American Academy Of Optometry Foundation Inc develops and provides financial support for optometric research and education. The foundation promotes the advancement of vision science by providing fellowships, scholarships, and research grants to outstanding graduate students of optometry and vision science. Through publications, the Academy newsletter, and website, they continuously contribute to the progression of knowledge in the field. The impact of their work is crucial in furthering the understanding of vision-related diseases and advancing the practice of optometry.
This information is meant to be a general summary of American Academy Of Optometry Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $292,337
- Gross Receipts: $2,786,558
Assets and Liabilities:
- Total Assets: $8,602,014
- Total Liabilities: $305,350
- Net Assets: $8,296,664
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Organization Details
Founding Year
1947
Principal Officer
Trish Shomion
Website
www.aaopt.orgNTEE Category
Code: G41J - Disease
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