Nonprofit · EIN 75-2746409
OPTICAL WOMENS ASSOCIATION INC
Tax-exempt · FARMERS BRNCH, TX 75244
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $444,011 | $357,014 | $86,997 | $886,379 | $69,187 | $817,192 |
| December 31, 2024 | 990 | $488,262 | $436,769 | $51,493 | $797,184 | $68,584 | $728,600 |
| December 31, 2023 | 990 | $421,106 | $354,618 | $66,488 | $755,489 | $78,382 | $677,107 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $293,516
- Program service revenue
- $124,509
- Investment income
- $24,634
- Net income from sales of inventory
- $152
- Other revenue
- $1,352
Expenses
- Grants and similar amounts paid
- $14,483
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $11,425
- Accounting fees
- $3,000
- Occupancy
- $300
- Travel
- $11,963
Balance sheet and other
- Total assets, start of year
- $797,184
- Total assets, end of year
- $886,379
- Total liabilities, end of year
- $69,187
- Net assets, end of year
- $817,192
- Net assets without donor restrictions
- $817,192
- Gross receipts
- $444,059
- Employees
- 0
- Volunteers
- 85
- Year formed
- 2008
- State of legal domicile
- TX
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Megan Molony | President Trustee or director, Officer | 4 | $0 |
| Janna Neal | Vice President Trustee or director, Officer | 4 | $0 |
| Erika Plank | SecretaryTreasurer Trustee or director, Officer | 4 | $0 |
| Lorie Lippiatt OD | Immediate Past President Trustee or director, Officer | 4 | $0 |
| Reagan Colpitts | Board Member Trustee or director | 4 | $0 |
| Kerri Ann DeCindis | Board Member Trustee or director | 4 | $0 |
| Cha-Ling Delgado | Board Member Trustee or director | 4 | $0 |
| Liz Friedfeld | Board Member Trustee or director | 4 | $0 |
| Nancy Gries | Board Member Trustee or director | 4 | $0 |
| Katie Lauver | Board Member Trustee or director | 4 | $0 |
| Susan Ludwick | Board Member Trustee or director | 4 | $0 |
| Christina Perraud | Board Member Trustee or director | 4 | $0 |
| Joyce Pokoy-Kurtulus | Board Member Trustee or director | 4 | $0 |
| Carol Wilbur | Executive Director Officer | 20 | $0 |
990 for the year ended December 31, 2024: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BEVERLY BIANES | Director Trustee or director | 4 | $0 |
| TRUDI CHAREST | Director Trustee or director | 4 | $0 |
| LIZ FRIEDFELD | Director Trustee or director | 4 | $0 |
| Lorie L Lippiatt | President Trustee or director, Officer | 4 | $0 |
| SUSAN LUDWICK-PARTIAL YEAR | Director Trustee or director | 4 | $0 |
| MEGAN MOLONY | Vice President Trustee or director, Officer | 4 | $0 |
| JANNA NEAL | sec/treas Trustee or director, Officer | 4 | $0 |
| DEBRA BULKEN | IMM PAST PRES Trustee or director, Officer | 4 | $0 |
| KATIE LAUVER | Director Trustee or director | 4 | $0 |
| CHRISTINA PERRAUD | Director Trustee or director | 4 | $0 |
| COURTNEY MYERS | Director Trustee or director | 4 | $0 |
| ERIKA PLANK | Director Trustee or director | 4 | $0 |
| KERRI ANN RAIMO | Director Trustee or director | 4 | $0 |
| TAMARA SANDERS-partial year | Director Trustee or director | 4 | $0 |
990 for the year ended December 31, 2023: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BEVERLY BIANES | Director Trustee or director | 4 | $0 |
| TRUDI CHAREST | Director Trustee or director | 4 | $0 |
| LIZ FRIEDFELD | Director Trustee or director | 4 | $0 |
| Lorie L Lippiatt | President Trustee or director, Officer | 4 | $0 |
| MEGAN MOLONY | Vice President Trustee or director, Officer | 4 | $0 |
| JANNA NEAL | sec/treas Trustee or director, Officer | 4 | $0 |
| DEBRA BULKEN | IMM PAST PRES Trustee or director, Officer | 4 | $0 |
| KATIE LAUVER | Director Trustee or director | 4 | $0 |
| CHRISTINA PERRAUD | Director Trustee or director | 4 | $0 |
| COURTNEY MYERS | Director Trustee or director | 4 | $0 |
| ERIKA PLANK | Director Trustee or director | 4 | $0 |
| KERRI ANN RAIMO | Director Trustee or director | 4 | $0 |
| TAMARA SANDERS | Director Trustee or director | 4 | $0 |
Address and contacts
- Address (IRS master file)
- 14070 PROTON RD, FARMERS BRNCH, TX 75244-3601
- Principal officer (990 for 2025)
- Megan Molony, 14070 PROTON RD, FARMERS BRANCH, TX 75244
- Signed the 990
- Megan Molony, President
- Phone
- (972) 233-9107
- Website
- www.opticalwomen.com
- Return prepared by
- Financial Affairs LLC
Mission
The Optical Womens Association is committed to supporting and promoting the professional development of women involved in all facets of the optical industry
Program accomplishments
- Professional development workshops for optical women provided unique educational opportunities both regionally and in conjunction with major trade shows and via online webinars for members and guests to explore topics of interest to women working in the optical industry enriching their personal and professional lives. Additional resources provided for all members in 2025 include virtual fireside chats on professional topics business book discussions monthly podcasts weekly blog posts and bi-monthly one-minute inspiration eblasts.0
- Leadership scholarships are awarded every year to exceptional women for the purpose of further developing and enhancing their leadership skills.0
- Networking events provided a forum for the exchange of ideas and information among women and men members and non-members representing all levels of the industry. Several hundred people participated in and benefited from the 2025 events held both in-person and virtually.0
- The OWA annual awards recognized and honored OWA members and nonmembers who have made a significant difference for women in the optical industry.0
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 75-2746409
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 2008
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S41)
- Assets (IRS master file)
- $886,379
- Income (IRS master file)
- $444,059
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $444,011 | $357,014 | $886,379 | XML |
| 990 | December 2024 | $488,262 | $436,769 | $797,184 | IRS |
| 990 | December 2023 | $421,106 | $354,618 | $755,489 | XML |
| 990 | December 2022 | $372,057 | $284,453 | $689,881 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 75-2746409).
Questions about OPTICAL WOMENS ASSOCIATION INC
- What is the EIN of OPTICAL WOMENS ASSOCIATION INC?
- The employer identification number (EIN) of OPTICAL WOMENS ASSOCIATION INC is 75-2746409.
- Is OPTICAL WOMENS ASSOCIATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2008.
- Are donations to OPTICAL WOMENS ASSOCIATION INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does OPTICAL WOMENS ASSOCIATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of OPTICAL WOMENS ASSOCIATION INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did OPTICAL WOMENS ASSOCIATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of OPTICAL WOMENS ASSOCIATION INC?
- The 990 for the year ended December 31, 2025 names Megan Molony.
- Who are the officers and directors of OPTICAL WOMENS ASSOCIATION INC?
- The 990 for the year ended December 31, 2025 lists 14 people; 0 received compensation from the organization.
- How much revenue does OPTICAL WOMENS ASSOCIATION INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $444,011, expenses of $357,014 and total assets of $886,379 at year end.
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