American-European Congress Of Ophthalmic Surgery
- Assets
- $1.2m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 2
- Location
- Fort Worth, TX
- Founding
- 08/2019
- Data as of
- 12/2021
- EIN
- 45-2448148
Organization Overview
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 12/2021, 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 12/2021, American-European Congress Of Ophthalmic Surgery generated $1.1m 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 (3.2%) each year. All expenses for the organization totaled $1.1m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.6%) per year over the past 7 years. 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
2021
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
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Trudy Larkins Executive Director | Officer | 40 | $0 |
William Trattler MD Chairman Of Board | Officer | 3 | $0 |
Stephen Slade MD Board Member | Trustee | 3 | $0 |
Steven Dell MD Board Member | Trustee | 3 | $0 |
David Cox Board Member | Trustee | 3 | $0 |
Adam Krafczek Jr ESQ Board Member | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $28,000 |
| 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 | $28,000 |
| Total Program Service Revenue | $1,096,384 |
| 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 | $1,124,473 |
| 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 | $26,542 |
| Payroll taxes | $19,521 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $63,057 |
| Fees for services: Accounting | $58,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $22,624 |
| Advertising and promotion | $108,297 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $15,506 |
| 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 | $3,293 |
| All other expenses | $52,419 |
| Total functional expenses | $1,086,744 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $929,740 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $78,400 |
| 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 | $162,679 |
| 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 | $1,170,819 |
| Accounts payable and accrued expenses | $38,817 |
| Grants payable | $0 |
| Deferred revenue | $244,470 |
| 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 | $283,287 |
| 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 | $887,532 |
| Total liabilities and net assets/fund balances | $1,170,819 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American-European Congress Of Ophthalmic Surgery Fort Worth, TX | $1,170,819 | $1,124,473 |
The Academy Of Medicine Engineering Austin, TX | $20,994,590 | $2,820,502 |
Society For Pediatric Research The Woodlands, TX | $4,661,159 | $1,624,970 |
National Neurotrauma Society Inc Houston, TX | $845,469 | $811,461 |
Chromosome 18 Registry And Research Society San Antonio, TX | $221,868 | $564,448 |
Bionorthtexas Foundation Irving, TX | $68,899 | $251,832 |
Texas Society For Biomedical Research Inc San Antonio, TX | $116,036 | $0 |
Arkansas Chiropractic Physicians Association Marion, AR | $89,045 | $0 |
Society For Education And Advancement Of Research In Connect Little Rock, AR | $129,612 | $0 |
Chinese American Pathologists Association Inc Austin, TX | $310,990 | $81,263 |
International Society On Aging And Disease Fort Worth, TX | $234,293 | $254,454 |
Lapin Inc New Orleans, LA | $118,791 | $0 |