PITTSBURGH OPHTHALMOLOGY SOCIETY

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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

1945

Legal Domicile

Principal Officer

JARED E KNICKELBEIN MD

Phone

4123215030

Tax Period

2024-07-01 to 2025-06-30

PITTSBURGH OPHTHALMOLOGY SOCIETY, founded in 1945, is a small nonprofit in the Diseases & Disorders sector that reported $202K in total revenue in fiscal year 2024. Expenses of $178K left a modest 12% surplus.

Mission

TO ACT AS THE VOICE OF OPHTHALMOLOGIC MEDICINE IN THE PITTSBURGH AREA, TO SERVE AS PATIENT ADVOCATE IN PROMOTING PREVENTIVE EYE CARE, QUALITY MEDICAL AND SURGICAL CARE AND REHABILITATIVE SERVICES FOR INDIVIDUALS WITH OPHTHALMOLOGIC DISEASES AND TO ADVANCE THE KNOWLEDGE, SCIENCE AND PRACTICE OF OPHTHALMOLOGY, TO ASSIST IN THE IMPROVEMENT OF THE QUALITY OF OPHTHALMOLOGIC MEDICINE AND TRAINING THEREIN, AND TO PROMOTE INTEGRITY IN THE PRACTICE OF OPHTHALMIC MEDICINE.

Program Service Accomplishments

Program 1

Expenses: $132,066 Revenue: $193,532

CONTINUING EDUCATION OF PROFESSIONAL MEMBERS THROUGH MEETINGS AND SEMINARS

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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 $30,080

Program Service Revenue $163,446

Investment Income $8,309

Other Revenue $6

TOTAL REVENUE $201,841

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $132,066

Other Expenses $177,639

TOTAL EXPENSES $177,639

Year-over-Year Comparison

	2024	2023	Change
Revenue	$201,841	$189,182	+0.1%
Expenses	$177,639	$184,779	0.0%
Net Income	$24,202	$4,403	+4.5%

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
PAMELA P RATH MD	PRESIDENT	0.25	Officer	$0	$0	$0
JARED E KNICKELBEIN MD PHD	DIRECTOR	0.25	Officer	$0	$0	$0
LAURIE A ROBA MD	TREASURER	0.25	Officer	$0	$0	$0
JOEL D BROWN MD	SECRETARY	0.25	Officer	$0	$0	$0
MARSHALL W STAFFORD MD	IMMEDIATE PAST PRESIDENT	0.25	Director	$0	$0	$0
ERIC PENNOCK MD	DIRECTOR	0.25	Director	$0	$0	$0
THIERRY C VERSTRAETEN MD	DIRECTOR	0.25	Director	$0	$0	$0
MICHAEL A AZAR MD	DIRECTOR	0.25	Director	$0	$0	$0
LANCE M BODILY MD	DIRECTOR	0.25	Director	$0	$0	$0
KENNETH P CHENG MD	DIRECTOR	0.25	Director	$0	$0	$0
JEFFREY T WINCKO MD	DIRECTOR	0.25	Director	$0	$0	$0
CARI E LYLE MD	DIRECTOR	0.25	Director	$0	$0	$0
GIDEON NKRUMAH MD	DIRECTOR	0.25	Director	$0	$0	$0
DONALD A MORRIS MD	DIRECTOR	0.25	Director	$0	$0	$0
AVNI P VYAS MD	DIRECTOR	0.25	Director	$0	$0	$0
SRINIVAS KONDAPALLI MD	DIRECTOR	0.25	Director	$0	$0	$0
IAN P CONNER MD	DIRECTOR	0.25	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
2025	$201,841	$177,639	$241,934	$24,202