ABBOT INC C/O WILLS EYE HOSPITAL

EIN: 232711311

PHILADELPHIA, PA

Total Revenue
$190,845
Total Expenses
$100,234
Total Assets
$4,896,734
Net Assets
$3,983,648
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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
1992
Legal Domicile
PA
Principal Officer
DR JULIA HALLER
Phone
2159283320
Tax Period
2024-07-01 to 2025-06-30

ABBOT INC C/O WILLS EYE HOSPITAL, founded in 1992, is a small nonprofit that reported $191K in total revenue in fiscal year 2024. Revenue fell 54% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $91K, a strong 47% operating margin.

Mission

TITLE HOLDING COMPANY FOR NOT FOR PROFIT ORGANIZATION.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $190,845
Investment Income $0
Other Revenue $0
TOTAL REVENUE $190,845

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $100,234
TOTAL EXPENSES $100,234

Year-over-Year Comparison

2024 2023 Change
Revenue $190,845 $416,928 -0.5%
Expenses $100,234 $101,111 0.0%
Net Income $90,611 $315,817 -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

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Governance

Voting Members
1
Independent Members
N/A
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
3
$1,028,956
Total Directors
1
$441,293
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOSEPH P BILSON DIRECTOR AND PRESIDENT 1.00
Officer Director
$0 $71,454 $441,293
MICHAEL ALLEN SECRETARY 1.00
Officer
$0 $7,096 $370,992
SHELLEY JOHNSON TREASURER 0.50
Officer
$0 $4,469 $216,671
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
2025 $190,845 $100,234 $4,896,734 $90,611
2024 $416,928 $101,111 $5,297,497 $315,817
2023 $389,305 $98,121 $4,081,281 $291,184
2022 $361,453 $96,427 $4,173,739 $265,026
2021 $347,111 $91,435 $4,200,762 $255,676
2020 $345,787 $95,925 $4,333,086 $249,862
2019 $340,094 $90,174 $4,363,224 $249,920
2018 $333,275 $81,108 $4,146,583 $252,167
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