FUND FOR OPHTHALMIC KNOWLEDGE INC C/O DAVID H ABRAMSON MD (EIN 134171637) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2001

Legal Domicile

Principal Officer

DAVID H ABRAMSON MD

Phone

2127441700

Tax Period

2023-01-01 to 2023-12-31

FUND FOR OPHTHALMIC KNOWLEDGE INC C/O DAVID H ABRAMSON MD, founded in 2001, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $52K in total revenue in fiscal year 2023. Revenue fell 50% from the prior year — a significant decline worth monitoring. Expenses of $253K exceeded revenue, resulting in a 385% operating deficit.

Mission

SEE STATEMENT ON SCHEDULE O

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $34,922

Program Service Revenue $0

Investment Income $17,218

Other Revenue $0

TOTAL REVENUE $52,140

Expense Breakdown

Grants Paid $247,857

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $247,857

Other Expenses $4,782

TOTAL EXPENSES $252,639

Year-over-Year Comparison

	2023	2022	Change
Revenue	$52,140	$104,640	-0.5%
Expenses	$252,639	$255,319	0.0%
Net Income	$-200,499	$-150,679	+0.3%

Key Indicators

✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID H ABRAMSON MD	DIRECTOR & PRESIDENT	1.00	Officer Director	$0	$0	$0
ALLAN ABRAMSON MD	DIRECTOR	0.30	Director	$0	$0	$0
NICHOLAS GRUMBACH MD	DIRECTOR	0.20	Director	$0	$0	$0
HILARY CRUZ-ABRAMS BAMPHRN	DIRECTOR & TREASURER	0.20	Officer Director	$0	$0	$0
JOSEPH GOLD MD	DIRECTOR	0.20	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$52,140	$252,639	$814,715	$-200,499
2022	$104,640	$255,319	$965,576	$-150,679
2021	$183,014	$139,882	$1,296,631	$43,132
2020	$74,344	$196,561	$1,222,644	$-122,217
2019	$159,430	$294,025	$1,281,127	$-134,595
2018	$206,065	$318,097	$1,267,942	$-112,032

FUND FOR OPHTHALMIC KNOWLEDGE INC C/O DAVID H ABRAMSON MD