A Optic Inc

A Optic Inc is a tax-exempt nonprofit organization located in Pikeville, Kentucky. It has been exempt from income tax since May 2002 under section 501(c) of the Internal Revenue Code.

Category

A Optic Inc is categorized as an educational institution and related activities organization, with a focus on single organization support according to its NTEE (National Taxonomy of Exempt Entities) classification. Donations to this organization are tax deductible.

Financial Data

In the fiscal year ending June 2020, A Optic Inc reported a total revenue of approximately $530,500, primarily sourced from contributions ($300,000) and program services ($219,500). The organization's other revenue sources were minimal, totaling only $9,000. It held total assets of $449,044 and liabilities of $125,975[1].

In comparison, for the fiscal year ending June 2017, the organization reported a total revenue of $986,029, with $696,000 from contributions and $289,029 from program services. At that time, its total assets were $587,884, with liabilities of $355,829[1].

Governance

The organization is governed by a board of directors. None of the key employees, including the Executive Director and directors, received compensation[1].

Activities

While specific activities of A Optic Inc are not detailed, its designation as an educational institution and related activities organization suggests involvement in educational or training programs. However, another organization with a similar name but different EIN, also based in Kentucky, is categorized under voluntary health organizations with a focus on eye diseases, blindness, and vision impairments[2]. There is no information confirming that this description applies to A Optic Inc (EIN 611377379).

Notes

The information available on A Optic Inc focuses on its financial and governance structure rather than specific activities or mission. Further details about its programs or objectives are not publicly documented in available sources.