Ocular Melanoma Foundation

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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

2003

Legal Domicile

Principal Officer

Grant Allen

Phone

8006635930

Tax Period

2024-01-01 to 2024-12-31

Ocular Melanoma Foundation, founded in 2003, is a small nonprofit that reported $163K in total revenue in fiscal year 2024. Revenue fell 79% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $47K, a strong 29% operating margin.

Mission

The Ocular Melanoma Foundation (OMF) is exempt primarily to provide outreach, educational and support services to cancer patients, their families and their friends, and secondarily, to support key medical research related to finding a cure for ocular melanoma.

Program Service Accomplishments

Program 1

Expenses: $50,000

Program grants - The Foundation awarded grants in the areas of ocular melanoma research, outreach, and education to organizations.

Program 2

Expenses: $22,463

Travel Assistance Programs (TAG) - Travel Assistance Grant program to provide for one of the most requested types of assistance - financial support for treatment-related travel and education.

Program 3

Expenses: $10,800

PROSTHETIC Assistance Program (PAP) to provide assistance for individuals in need of an ocular prostheses.

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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 (2024)

Revenue Breakdown

Contributions & Grants $163,296

Program Service Revenue $0

Investment Income $31

Other Revenue $0

TOTAL REVENUE $163,327

Expense Breakdown

Grants Paid $88,263

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $91,940

Other Expenses $27,996

TOTAL EXPENSES $116,259

Year-over-Year Comparison

	2024	2023	Change
Revenue	$163,327	$777,950	-0.8%
Expenses	$116,259	$591,344	-0.8%
Net Income	$47,068	$186,606	-0.7%

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

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
Grant Allen	Chairman	2.00	Officer Director	$0	$0	$0
Brian Barl	Board Member	0.25	Director	$0	$0	$0
Janice Allen	Board Member	0.50	Director	$0	$0	$0
Michele Shepherd	Secretary	0.25	Officer 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	$163,327	$116,259	$350,394	$47,068
2023	$777,950	$591,344	$300,999	$186,606
2022	$178,864	$263,944	$113,498	$-85,080
2021	$385,342	$253,840	$199,007	$131,502