Rhode Island Optometric Association
Nonprofit profile at a glance
- EIN
- 050302254
- IRS 990 coverage
- 2010–2025
- Forms available
- Form 990 2025
- Location
- Cumberland, RI, USA
- Phone
- 4019490433
- Rating confidence
- Limited
Reported finances
- Revenue
- $220,314
- Expenses
- $216,132
- Assets
- $295,224
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
14 people listed
Executive titles in this filing
- MARIA JABLONSKI (PRESIDENT)
- JAD OSMANSKI (PRESIDENT-ELECT)
- STEPHEN MONTAQUILA (VICE PRESIDENT)
- KATY ABARR (IMMEDIATE PAST PRESIDENT)
- TIM BONIN (EXECUTIVE DIRECTOR)
Highest reported compensation
- TIM BONIN (EXECUTIVE DIRECTOR): $88,132 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Conventions and seminars were developed to provide continuing education to all members. Continuing education is necessary to fulfill the state's licensure requirements and to maintain professional competancy in the profession of optometry. The rioa also provides information and guidance to its members regarding laws, rules and regulations that may affect its members and consults with its members when input is needed to form positions and policy. As with any healthcare field, state and federal issues can impact its members and its members need to be kept abreast of such things. The rioa is also affiliated with its national organizaiton, the aoa, which provides national level information, group benefits, and regional education seminars. Finally the rioa provides information to its members regarding insurance carrier and billing issues as they frequently change.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 90
- Accountability: 69
- Sustainability: 43
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 2 of 8 controls in place; rating input score 25
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Fail
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 1.9%; rating input score 40; 40th percentile among comparable filings
- Total-asset coverage ratio: 1.37; rating input score 49; 49th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 77; 77th percentile among comparable filings
- Officer compensation ratio: 40.8%; rating input score 6; 6th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 1.2% per year; rating input score 100; 26th percentile among comparable filings
- Asset growth: 0.3% per year; rating input score 100; 23rd percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 13 of 13 board members independent · 2 of 8 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $88K · 14 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 15 filing years from 2010 to 2025
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 1 filed related-organization link
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Accountability: Governance controls: 5 of 7 not reported.
- Moderate — Sustainability: Operating margin scored 40/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 49/100.
- High — Sustainability: Officer compensation ratio scored 6/100.