Arthur H Kenney Ophthalmic Fund
- Assets
- $259.8k
- Revenue
- $13.4k
- Investments
- $254.5k
- Employees
- 0
- Location
- Pittsburgh, PA
- Founding
- 12/1988
- Data as of
- 12/2022
- EIN
- 34-1596929
Organization Overview
Arthur H Kenney Ophthalmic Fund is located in Pittsburgh, PA. The organization was established in 1988. According to its NTEE Classification (G41) the organization is classified as: Eye Diseases, Blindness & Vision Impairments, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arthur H Kenney Ophthalmic Fund 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 12/2022, Arthur H Kenney Ophthalmic Fund generated $13.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (11.0%) each year. All expenses for the organization totaled $11.1k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (6.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $5,356 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $8,023 |
| Capital Gain Net Income | $8,023 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $13,379 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $2,919 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,136 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $4,055 |
| Contributions, gifts, grants paid | $7,000 |
| Total expenses and disbursements | $11,055 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $5,291 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $254,490 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $259,781 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Arthur H Kenney Ophthalmic Fund has awarded $7,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
VISUALLY IMPAIRED PRESCHOOL SERVICES PURPOSE: GENERAL SUPPORT | $2,000 |
Louisville, KY PURPOSE: GENERAL PURPOSE | $2,000 |
Louisville, KY PURPOSE: GENERAL SUPPORT | $2,000 |
HAPPY BIRTHDAY PARK INC PURPOSE: GENERALPURPOSE | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Of Maryland Eye Association Pa Baltimore, MD | $2,137,638 | $8,234,651 |
Northeastern Association Of The Blind At Albany Inc Albany, NY | $6,246,704 | $6,313,158 |
Eye To Eye Inc New York, NY | $3,187,260 | $4,382,588 |
Pennsylvania Association For The Blind Harrisburg, PA | $4,901,702 | $4,901,914 |
Lions Eye Bank Of Delaware Valley Philadelphia, PA | $14,412,620 | $4,863,038 |
Jbi International Inc New York, NY | $25,677,529 | $3,230,233 |
Glaucoma Foundation Inc New York, NY | $12,951,160 | $4,297,114 |
Central Ohio Lions Eye Bank Inc Columbus, OH | $2,261,506 | $2,054,180 |
National Society To Prevent Blindness Columbus, OH | $4,716,429 | $2,037,831 |
Vision Resources Of Central Pennsylvania Harrisburg, PA | $8,007,623 | $1,994,973 |
Readers Digest Partners For Sight Foundation Mt Kisco, NY | $12,659,524 | $1,861,545 |
Xavier Society For The Blind New York, NY | $18,344,454 | $1,590,017 |