MASSACHUSETTS SOCIETY OF EYE PHYSICIANS AND SURGEONS INC (EIN 237208474) - 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

Legal Domicile

Phone

7814551480

Tax Period

2023-06-01 to 2024-05-31

MASSACHUSETTS SOCIETY OF EYE PHYSICIANS AND SURGEONS INC is a small nonprofit that reported $134K in total revenue in fiscal year 2023. Expenses of $150K exceeded revenue, resulting in a 11% operating deficit.

Mission

THE ORGANIZATION'S PURPOSE IS TO IMPROVE VISUAL HEALTH CARE SERVICES FOR THE PEOPLE OF MASSACHUSETTS, THROUGH PUBLIC AND PROFESSIONAL EDUCATION, MEMBERSHIP SERVICES AND LEGISLATIVE ADVOCACY

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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 $84,662

Program Service Revenue $44,493

Investment Income $5,033

Other Revenue $0

TOTAL REVENUE $134,188

Expense Breakdown

Grants Paid $0

Salaries & Benefits $48,690

Fundraising Expenses $0

Other Expenses $100,877

TOTAL EXPENSES $149,567

Year-over-Year Comparison

	2023	2022	Change
Revenue	$134,188	$137,723	0.0%
Expenses	$149,567	$158,104	-0.1%
Net Income	$-15,379	$-20,381	-0.2%

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

N/A

Employees

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
MARK LATINA MD	Director	0.00	Director	$0	$0	$0
Dr Gerri Goodman MD	Director	0.00	Director	$0	$0	$0
JASON GILBERT MD	Director	0.00	Director	$0	$0	$0
PETER RAPOZA MD	Director	0.00	Director	$0	$0	$0
Stephen Anesi MD	Director	0.00	Director	$0	$0	$0
RAMI RIZKALLA MD	Director	0.00	Director	$0	$0	$0
DOUG EVANS MD	Director	0.00	Director	$0	$0	$0
JOHN MANDEVILLE MD	Past President	0.00	Director	$0	$0	$0
Grayson Armstrong MD	Director	0.00	Director	$0	$0	$0
JEAN RAMSEY MD	Director	0.00	Director	$0	$0	$0
JEFFERY GALLO MD	Director	0.00	Director	$0	$0	$0
MICHAEL GOLDSTEIN MD	Director	0.00	Director	$0	$0	$0
IRV WEISSMAN MD	Director	0.00	Director	$0	$0	$0
Michael Chang MD	Director	0.00	Director	$0	$0	$0
MARK LEIBOLE MD	Director	0.00	Director	$0	$0	$0
Michael Price MD	Director	0.00	Director	$0	$0	$0
RYAN VASAN MD	Director	0.00	Director	$0	$0	$0
MICHAEL YOON MD	Director	0.00	Director	$0	$0	$0
Mitchell Stominger MD	Vice President	0.00	Officer	$0	$0	$0
Jeremy Kieval MD	Treasurer	0.00	Officer	$0	$0	$0
Anthony Joseph MD	Clerk	0.00	Officer	$0	$0	$0
DEANNA RICKER MD	President	0.00	Officer	$0	$0	$0
Jennifer Chen	Executive Director	20.00		$0	$0	$0
Jennifer Chen	Executive Directer	20.00		$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	$134,188	$149,567	$214,579	$-15,379
2023	$137,723	$158,104	$229,958	$-20,381
2022	$160,749	$123,621	$250,339	$37,128
2021	$92,539	$84,733	$213,211	$7,806
2020	$150,617	$142,448	$210,263	$8,169
2019	$176,717	$143,519	$198,724	$33,198
2018	$155,630	$151,224	$162,915	$4,406

MASSACHUSETTS SOCIETY OF EYE PHYSICIANS AND SURGEONS INC