ASSOCIATION OF SCHOOLS AND COLLEGES OF OPTOMETRY

ASSOCIATION OF SCHOOLS AND COLLEGES OF OPTOMETRY

ROCKVILLE, MD, US
501(c)(3)
EIN
52-1005768

ASSOCIATION OF SCHOOLS AND COLLEGES OF OPTOMETRY

ROCKVILLE, MD, US
501(c)(3)
EIN
52-1005768

Balance Sheet

Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)

$12,125,222

Investments
86%
Cash & Equivalents
10%
Receivables (Non-Related)
2%
Prepaid Expenses
1%
Property, Plant, & Equipment (net)
<1%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)

$435,758

Payables & Accruals
48%
Deferred Revenue
43%
Other Liabilities
9%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,464,155
$1,197,155
-18%
Receivables (Non-Related)
$220,237
$228,583
+4%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$82,211
$138,612
+69%
Investments
$9,344,463
$10,445,167
+12%
Property, Plant, & Equipment (net)
$76,831
$71,607
-7%
Other Assets
$123,874
$44,098
-64%
Total Assets
$11,311,771
$12,125,222
+7%
Liabilities
2023
2024
Change
Payables & Accruals
$158,334
$207,189
+31%
Grants Payable
-
-
-
Deferred Revenue
$552,803
$188,434
-66%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$132,542
$40,135
-70%
Total Liabilities
$843,679
$435,758
-48%
Net assets
2023
2024
Change
Restricted Net Assets
$5,132,987
$5,770,283
+12%
Unrestricted Net Assets
$5,335,105
$5,919,181
+11%
Net assets
2023
2024
Change
Net assets
+$10,468,092
+$11,689,464
+12%
Balance Sheet
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