NATIONAL GLAUCOMA SOCIETY INC

EIN: 201497433 501(c)(3) Medical Research

ANDOVER, MA

Total Revenue
$125,921
Total Expenses
$136,323
Total Assets
$22,948
Net Assets
$21,405
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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
2004
Legal Domicile
MA
Principal Officer
JANET P SWARTZ
Phone
8778252020
Tax Period
2021-01-01 to 2021-12-31

NATIONAL GLAUCOMA SOCIETY INC, founded in 2004, is a small nonprofit in the Medical Research sector that reported $126K in total revenue in fiscal year 2021. Revenue fell 25% from the prior year — a significant decline worth monitoring.

Mission

EDUCATIONAL ADVANCEMENT OF HEALTHCARE PROFESSIONALS IN THE FIELD OF GLAUCOMA

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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%)

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Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $63,721
Program Service Revenue $62,200
Investment Income $0
Other Revenue $0
TOTAL REVENUE $125,921

Expense Breakdown

Grants Paid $0
Salaries & Benefits $61,010
Fundraising Expenses $0
Program Expenses $52,986
Other Expenses $75,313
TOTAL EXPENSES $136,323

Year-over-Year Comparison

2021 2020 Change
Revenue $125,921 $168,848 -0.3%
Expenses $136,323 $165,216 -0.2%
Net Income $-10,402 $3,632 -3.9%
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

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Governance

Voting Members
3
Independent Members
N/A
Employees
1
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
1
$51,000
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JANET P SWARTZ Executive Direc 30.00
Officer
$51,000 $0 $51,000
EUGENE T O'LEARY OD Secretary 0.00
Director
$0 $0 $0
JOSEPH JAMES THIMONS OD Director 0.00
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
2021 $125,921 $136,323 $22,948 $-10,402
2020 $168,848 $165,216 $36,648 $3,632
2019 $220,265 $219,671 $29,639 $594
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