Optometric Glaucoma Society
- Assets
- $295.8k
- Revenue
- $141.8k
- Investments
- $0.0
- Employees
- 1
- Location
- Lawrence, KS
- Founding
- 01/2003
- Data as of
- 12/2021
- EIN
- 55-0794410
Organization Overview
Optometric Glaucoma Society is located in Lawrence, KS. The organization was established in 2003. According to its NTEE Classification (H41) the organization is classified as: Eye Diseases, Blindness & Vision Impairments Research, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Optometric Glaucoma Society 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 12/2021, Optometric Glaucoma Society generated $141.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $193.0k during the year ending 12/2021. While expenses have increased by 6.9% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATIONAL AND SCIENTIFIC RESEARCH IN THE FIELD OF GLAUCOMA
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT OF ANNUAL MEETING PROVIDING A FORUM TO EXCHANGE INFORMATION ABOUT GLAUCOMA. PROMOTE RESEARCH AND PUBLISH PROCEEDINGS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric Schmidt Treasurer | Officer | 5 | $0 |
Michael Chaglasian President | Officer | 5 | $0 |
Richard Madonna Vice President | Officer | 5 | $0 |
Danica Marrelli Secretary | Officer | 5 | $0 |
Ben Gaddie Executive Vice President | Officer | 5 | $0 |
Financial Statements
| 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 | $127,160 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $127,160 |
| Total Program Service Revenue | $14,550 |
| Investment income | $104 |
| 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 | $141,814 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,500 |
| 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. | $50,000 |
| Compensation of current officers, directors, key employees. | $50,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,955 |
| Fees for services: Management | $10,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,650 |
| 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 | $122 |
| 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 | $88,906 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $193,002 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $196,604 |
| 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 | $99,156 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| 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 | $295,760 |
| Accounts payable and accrued expenses | $4,536 |
| 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 | $0 |
| Total liabilities | $4,536 |
| 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 | $291,224 |
| Total liabilities and net assets/fund balances | $295,760 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Dean Mcgee Eye Institute Oklahoma City, OK | $54,603,133 | $49,025,501 |
Ensight Skill Center Fort Collins, CO | $243,421 | $539,229 |
Optometric Glaucoma Society Lawrence, KS | $295,760 | $141,814 |
Retina Research & Development Foundation Saint Louis, MO | $3,068,482 | $101,493 |
Lions Eye Foundation Of District 26-M2 Washington, MO | $1,227,117 | $98,358 |
Cure Amd Foundation Boulder, CO | $177,522 | $0 |
Missouri Optometric Foundation Inc Bolivar, MO | $1,098,125 | $34,089 |
Retina Center Research Fund Chesterfield, MO | $33,963 | $0 |
Aspen Corneal Society Denver, CO | $24,025 | $0 |