Alabama Academy Of Ophthalmology
- Assets
- $161.6k
- Revenue
- $475.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Montgomery, AL
- Founding
- 03/1982
- Data as of
- 12/2022
- EIN
- 63-0809050
Organization Overview
Alabama Academy Of Ophthalmology is located in Montgomery, AL. The organization was established in 1982. 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. Alabama Academy Of Ophthalmology 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, Alabama Academy Of Ophthalmology generated $475.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $405.6k during the year ending 12/2022. While expenses have increased by 1.9% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ORGANIZE SEMINARS AND PROVIDE EDUCATION FOR DOCTORS OF OPHTHALMOLOGY AND REPRESENT THEIR PROFESSIONAL INTERESTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO ORGANIZE SEMINARS AND PROVIDE EDUCATION FOR DOCTORS OF OPHTHALMOLOGY. IT MONITORS LEGISLATION IN THE STATE LEGISLATURE TO PROTECT THE INTEREST OF OPHTHALMOLOGISTS AND THEIR PATIENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brendan Wyatt President | Trustee | 5 | $0 |
Andrew Hsia Treasurer | Trustee | 5 | $0 |
See Attached List Of Directors Member | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $89,522 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $192,069 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $281,591 |
| Total Program Service Revenue | $193,162 |
| Investment income | $767 |
| 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 | $475,520 |
| 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 | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $48,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,860 |
| Fees for services: Lobbying | $50,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $159,510 |
| Advertising and promotion | $0 |
| Office expenses | $3,392 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,513 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,559 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,099 |
| All other expenses | $0 |
| Total functional expenses | $405,577 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $161,641 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $161,641 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $33,959 |
| 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 | $33,959 |
| 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 | $127,682 |
| Total liabilities and net assets/fund balances | $161,641 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Alabama Academy Of Ophthalmology has recieved totaling $178,500.
| Awarding Organization | Amount |
|---|---|
American Academy Of Ophthalmology Inc San Francisco, CA PURPOSE: SCOPE OF SURGERY CAMPAIGNS | $178,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Friends Of Wlrn Inc Miami, FL | $36,063,616 | $13,544,758 |
Georgia Cooperative Services For The Blind Inc Snellville, GA | $28,494,094 | $9,142,044 |
Georgia Eye Bank Inc Atlanta, GA | $18,619,601 | $6,754,621 |
Tampa Lighthouse For The Blind Inc Tampa, FL | $7,196,265 | $3,320,229 |
Lighthouse Of Broward County Inc Fort Lauderdale, FL | $8,183,594 | $3,362,411 |
Southern Council Of Optometrists Atlanta, GA | $3,597,843 | $3,344,047 |
Downtown Visions Inc Jacksonville, FL | $2,015,656 | $3,070,632 |
Lions Volunteer Blind Industries Inc Morristown, TN | $6,170,102 | $1,326,528 |
Center For The Visually Impaired Inc Daytona Beach, FL | $2,727,294 | $3,581,895 |
International Retinal Research Foundation Inc Birmingham, AL | $29,800,407 | $2,481,760 |
Florida Lions Conklin Centers For The Blind Inc Daytona Beach, FL | $2,435,068 | $1,186,911 |
Center For The Visually Impaired Foundation Inc Atlanta, GA | $3,998,793 | $1,342,725 |