American-European Congress Of Ophthalmic Surgery is located in Fort Worth, TX. The organization was established in 2019. According to its NTEE Classification (H03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Medical Research and related organizations. As of 12/2022, American-European Congress Of Ophthalmic Surgery employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American-European Congress Of Ophthalmic Surgery is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, American-European Congress Of Ophthalmic Surgery generated $2.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $1.7m during the year ending 12/2022. While expenses have increased by 2.8% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
ACOS BRINGS TOGETHER LEADING OPHTHALMOLGISTS AND INNOVATORS OF HEALTHCARE TECHNOLOGIES IN ORDER TO ADVANCE VISION CARE AND IMPROVE PATIENTS' QUALITY OF LIFE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEDICAL EDUCATION
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Stephen Slade MD Board Member | Trustee | 3 | $5,000 |
Steven Dell MD Board Member | Trustee | 3 | $5,000 |
David Cox Board Member | Trustee | 3 | $0 |
Adam Krafczek Jr ESQ Board Member | Trustee | 3 | $5,850 |
Pavel Stodulka MD Board Member | Trustee | 3 | $0 |
Robert Maloney MD Board Member | Trustee | 3 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $1,956,252 |
Investment income | $89 |
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 | $1,956,341 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
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 | $240,000 |
Other salaries and wages | $95,000 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $32,486 |
Payroll taxes | $20,359 |
Fees for services: Management | $0 |
Fees for services: Legal | $69,492 |
Fees for services: Accounting | $63,400 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $60,083 |
Advertising and promotion | $106,384 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $92,133 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $5,874 |
All other expenses | $45,690 |
Total functional expenses | $1,749,286 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $1,016,091 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $11,485 |
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 | $140,998 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,168,574 |
Accounts payable and accrued expenses | $28,187 |
Grants payable | $0 |
Deferred revenue | $45,800 |
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 | $0 |
Total liabilities | $73,987 |
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 | $1,094,587 |
Total liabilities and net assets/fund balances | $1,168,574 |
Organization Name | Assets | Revenue |
---|---|---|
American-European Congress Of Ophthalmic Surgery Fort Worth, TX | $1,168,574 | $1,956,341 |
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Texas Society For Biomedical Research Inc San Antonio, TX | $85,912 | $0 |
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International Society On Aging And Disease Fort Worth, TX | $391,994 | $180,700 |
Lapin Inc New Orleans, LA | $94,195 | $0 |
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