Vit-Buckle Society Inc
- Assets
- $1.3m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Phoenix, AZ
- Founding
- 01/2015
- Data as of
- 12/2023
- EIN
- 26-2023900
Organization Overview
Vit-Buckle Society Inc is located in Phoenix, AZ. The organization was established in 2015. According to its NTEE Classification (E03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vit-Buckle Society 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 12/2023, Vit-Buckle Society Inc generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 13.7% each year . All expenses for the organization totaled $1.2m during the year ending 12/2023. While expenses have increased by 10.9% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE VIT-BUCKLE SOCIETY PROVIDES AN OPEN FORUM THAT MENTORS DEVELOPING VITREORETINAL SURGEONS, NURTURES INNOVATIVE SURGICAL TECHNOLOGIES AND THERAPEUTIC APPROACHES FOR RETINAL DISEASES, AND FOSTERS BEST PRACTICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUR EVENTS ENGAGE THE SPECTRUM OF RETINA PHYSICIANS, FROM FELLOWS THROUGH SEASONED ATTENDINGS, WITH THE GOAL OF MAKING VITREORETINAL INTERVENTIONS SAFER AND MORE EFFECTIVE. WE HOST AN ANNUAL MEETING, HAVE RECURRING EDUCATIONAL EVENTS INCLUDING VBS ROUNDS, ORGANIZE SPECIAL SESSIONS, OFFER CME CREDIT FOR EDUCATIONAL ACTIVITIES, HOST A PODCAST, AND COLLATE INCREDIBLE EDUCATIONAL CONTENT THROUGH OUR VIT-BUCKLE ACADEMY ENDEAVOR.
CONTRIBUTION TO THE RONALD G. MICHELS FOUNDATION THAT SUPPORTS SECOND YEAR OPHTHALMOLOGY FELLOWS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles Wykoff MD Director/past President | OfficerTrustee | 2 | $0 |
Geeta Lalwani MD Director/president | OfficerTrustee | 2 | $0 |
Charles Mango MD Director/secretary/emeritus | OfficerTrustee | 2 | $0 |
Anton Orlin Director/treasurer | OfficerTrustee | 2 | $0 |
Audina Berrocal MD Director | Trustee | 2 | $0 |
Rv Paul Chan MD Director/president Elect | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $38,301 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,238,892 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,277,193 |
| Total Program Service Revenue | $208,275 |
| Investment income | $19,900 |
| 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 | $1,505,368 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,000 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,919 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $895 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,204,342 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,221,156 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $493,137 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $776,087 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,269,224 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $1,078 |
| Total liabilities | $1,078 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $1,268,146 |
| Total liabilities and net assets/fund balances | $1,269,224 |
Grants Awarded
Over the last fiscal year, Vit-Buckle Society Inc has awarded $10,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
THE ACADEMY OF OPHTHALMOLOGY PURPOSE: SUPPORT TO SECOND YEAR OPTHALMOLOGY FELLOW | $5,000 |
RONALD G MICHELS FOUNDATION PURPOSE: SUPPORT TO SECOND YEAR OPTHALMOLOGY FELLOW | $5,000 |