Colorado Optometric Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 731,985 | 666,212 | 65,773 | 52.8 | 39% |
| 2021 | 1,110,225 | 761,264 | 348,961 | 51.9 | 43% |
| 2022 | 1,142,448 | 913,727 | 228,721 | 42.5 | 43% |
| 2023 | 1,006,933 | 934,452 | 72,481 | 44.1 | 33% |
In its most recent public year (2023), this organization brought in $72,481 more than it spent. Its reserves stood at about 44.1 months of spending, down from 52.8 in 2020. Staff pay was 33% of spending.
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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