Maryland Optometric Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 550,770 | 573,316 | −22,546 | 13.1 | 0% |
| 2012 | 476,545 | 541,313 | −64,768 | 13.0 | 0% |
| 2013 | 461,512 | 579,026 | −117,514 | 10.4 | 0% |
| 2014 | 471,391 | 528,810 | −57,419 | 10.3 | 22% |
| 2015 | 536,472 | 509,114 | 27,358 | 11.0 | 23% |
| 2016 | 503,677 | 511,439 | −7,762 | 11.1 | 26% |
| 2017 | 599,208 | 584,442 | 14,766 | 10.5 | 22% |
| 2018 | 548,340 | 528,278 | 20,062 | 10.8 | 26% |
| 2019 | 918,065 | 699,256 | 218,809 | 12.9 | 20% |
| 2020 | 483,051 | 436,063 | 46,988 | 22.8 | 33% |
| 2021 | 598,925 | 567,634 | 31,291 | 19.5 | 27% |
| 2022 | 600,753 | 577,568 | 23,185 | 16.9 | 28% |
| 2023 | 410,707 | 354,555 | 56,152 | 32.4 | 50% |
In its most recent public year (2023), this organization brought in $56,152 more than it spent. Its reserves stood at about 32.4 months of spending, up from 13.1 in 2011. Staff pay was 50% of spending. $145,000 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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