Pan-American Ophthalmological Foundation
- Assets
- $2.4m
- Revenue
- $234.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Arlington, TX
- Founding
- 05/1973
- Data as of
- 12/2021
- EIN
- 94-2733047
Organization Overview
Pan-American Ophthalmological Foundation is located in Arlington, TX. The organization was established in 1973. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pan-American Ophthalmological Foundation 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, Pan-American Ophthalmological Foundation generated $234.6k 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 (8.8%) each year. All expenses for the organization totaled $90.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (18.5%) 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
THE PRIMARY PURPOSE IS TO PROMOTE THE DEVELOPMENT OF OPHTHALMOLOGY AND RELATED SCIENCES AMONG OPHTHLAMOLOGISTS IN THE WESTERN HEMISPHERE THROUGH SCHOLARSHIPS, SEMINARS AND PUBLICATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PAN-AMERICAN RESEARCH DAY - THIS TAKES PLACE ONE DAY BEFORE THE ARVO MEETING EVERY YEAR AND OFFERS AN OPPORTUNITY FOR THE YOUNG RESEARCHERS TO PRESENT THE LATEST INFORMATION AND RESEARCH IN THE FIELD OF OPHTHALMOLOGY WITH AN EMPHASIS ON PARTICIPANTS FROM THE AMERICAS.
ARVO/PAAO FELLOW ARE TRAVEL SCHOLARSHIPS THAT ARE AWARDED TO INDIVIDUALS WHO HAVE PRESENTED OR PUBLISHED RESEARCH PAPERS WHO WILL BE PRESENTING THEIR WORK AT THE ANNUAL ARVO MEETING. FINANCIAL NEED MST BE DEMONSTRATED.
GILLINGHAM FELLOWSHIP IS A FELLOWSHIP OFFERED TO QUALIFIED LATIN AMERICAN CANDIDATES IN A VARIETY OF SUB SPECIALTY INTEREST AT VARIOUS INSTITUTES IN THE UNITED STATES AND CANADA.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $85,879 |
| 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 | $85,879 |
| Total Program Service Revenue | $0 |
| Investment income | $63,234 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $85,527 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $234,640 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $30,055 |
| 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 | $870 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $72 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $870 |
| Fees for services: Accounting | $11,645 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $14,953 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $423 |
| 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 | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,033 |
| All other expenses | $26,302 |
| Total functional expenses | $89,967 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $223,769 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,000 |
| 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 | $2,079,711 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $78,522 |
| Total assets | $2,383,002 |
| Accounts payable and accrued expenses | $7,000 |
| 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 | $6,351 |
| Total liabilities | $13,351 |
| Net assets without donor restrictions | $1,176,994 |
| Net assets with donor restrictions | $1,192,657 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $2,383,002 |
Grants Awarded
Over the last fiscal year, Pan-American Ophthalmological Foundation has awarded $118,660 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
PAN AMERICAN ASSOC | | | $88,660 |
BASCOM PALMER EYE INSTITUTE | | | $30,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Pan-American Ophthalmological Foundation has recieved totaling $6,000.
| Awarding Organization | Amount |
|---|---|
David And Molly Pyott Foundation Avon, CO PURPOSE: MEDICAL RESEARCH EYE CARE | $6,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Louisiana Dental Association Baton Rouge, LA | $3,245,410 | $1,287,407 |
Arkansas State Dental Association Sherwood, AR | $1,753,738 | $524,258 |
Group For The Advancement Of Psychiatry Inc Dallas, TX | $1,492,592 | $834,094 |
Pan-American Ophthalmological Foundation Arlington, TX | $2,383,002 | $234,640 |
Southwestern Gynecologic Assembly Dallas, TX | $171,704 | $0 |