Wills Eye Ophthalmology Clinic Inc is located in Philadelphia, PA. The organization was established in 2003. According to its NTEE Classification (H19) the organization is classified as: Support N.E.C., under the broad grouping of Medical Research and related organizations. As of 06/2021, Wills Eye Ophthalmology Clinic Inc employed 287 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wills Eye Ophthalmology Clinic Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2020, Wills Eye Ophthalmology Clinic Inc generated $19.6m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 19.2% each year . All expenses for the organization totaled $26.4m during the year ending 06/2020. While expenses have increased by 20.2% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
HEALTH CARE PROVIDER, EMERGENCY ROOM PHYSICIANS AND EDUCATIONAL TRAINING SITE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE HEALTHCARE CLINIC AND EMERGENCY ROOM SERVICES TO INDIVIDUALS ON AN OUTPATIENT BASIS. TOTAL VISITS WERE 100,395, TOTAL PROCEDURES/DIAGNOSTIC TESTING WERE 81,750 AND EMERGENCY ROOM VISITS WERE 10,663.EDUCATION AND CLINICAL ROTATION FOR RESIDENTS AND MEDICAL STUDENTS FROM THE THOMAS JEFFERSON UNIVERSITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dr Jurji Bilyk Physician | 40 | $514,168 | |
Dr Robert Sergott Physician | Officer | 40 | $489,327 |
Dr Jonathan Myers Physician | Officer | 40 | $474,312 |
Dr Beeran Meghpara Physician | 40 | $470,818 | |
Dr Robert Bailey Physician | Officer | 40 | $435,765 |
Dr Daniel Lee Physician | 40 | $395,424 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Nextgen Healthcare Information Systems Patient Billing | 6/29/21 | $1,020,169 |
Mckesson Specialty Care Distr Llc Medical Supplies | 6/29/21 | $649,427 |
Mid Atlantic Retina Physician Services | 6/29/21 | $559,377 |
Ophthalmic Mutual Insurance Company Insurance | 6/29/21 | $347,226 |
Reliance Standard Life Insurance Company Insurance | 6/29/21 | $185,574 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $2,423,552 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $19,602,999 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $162,912 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $14,457,317 |
Pension plan accruals and contributions | $126,000 |
Other employee benefits | $1,994,250 |
Payroll taxes | $938,411 |
Fees for services: Management | $4,728 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $7,872 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $1,789,991 |
Advertising and promotion | $57,816 |
Office expenses | $857,670 |
Information technology | $43,422 |
Royalties | $0 |
Occupancy | $853,329 |
Travel | $84,423 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $26,024 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $86,358 |
Insurance | $630,401 |
All other expenses | $0 |
Total functional expenses | $26,417,328 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $891,198 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $1,670,239 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $297,002 |
Prepaid expenses and deferred charges | $128,120 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $2,142,281 |
Total assets | $5,850,737 |
Accounts payable and accrued expenses | $4,380,591 |
Grants payable | $0 |
Deferred revenue | $955,345 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $2,788,803 |
Total liabilities | $8,124,739 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Total liabilities and net assets/fund balances | -$2,274,002 |
Over the last fiscal year, we have identified 1 grants that Wills Eye Ophthalmology Clinic Inc has recieved totaling $50,000.
Awarding Organization | Amount |
---|---|
Curing Retinal Blindness Foundation Inc Salem, OH PURPOSE: FUND RESEARCH | $50,000 |
Organization Name | Assets | Revenue |
---|---|---|
Wills Eye Ophthalmology Clinic Inc Philadelphia, PA | $5,850,737 | $19,602,999 |
Galien Foundation Inc New York, NY | $3,140,847 | $2,038,143 |
Chaney Family Foundation Lyndhurst, OH | $4,274,723 | $2,687,566 |
Minerva Foundation Inc Pennington, NJ | $11,687,929 | $3,567,620 |
Pire California Inc Beltsville, MD | $837,866 | $549,939 |
Zebrafish Disease Models Society Clifton Park, NY | $286,470 | $0 |
International Thymic Malignancy Interest Group Sleepy Hollow, NY | $146,340 | $0 |
Hiv-Assist Elkridge, MD | $100,902 | $0 |
Dair Foundation Pikesville, MD | $3,143 | $0 |
Alexanders Angels Inc Jericho, NY | $33,601 | $0 |
Angels For Alyssa Elliottsburg, PA | $14,269 | $0 |
Renemarie Language Of Love Foundation Inc Hawthorne, NJ | $630 | $0 |