AMERICAN OSTEOPATHIC COLLEGES OF OPTHALMOLOGY AND OTOLARYNGOLOGY

EIN: 511457551 501(c)(3) Philanthropy & Grantmaking

ALBUQUERQUE, NM

Total Revenue
$1,124,574
Total Expenses
$795,650
Total Assets
$9,316,036
Net Assets
$9,040,408
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
IL
Principal Officer
RALPH MCCLISH
Phone
8552626646
Tax Period
2024-01-01 to 2024-12-31

AMERICAN OSTEOPATHIC COLLEGES OF OPTHALMOLOGY AND OTOLARYNGOLOGY, founded in 1996, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.1M in total revenue in fiscal year 2024. Revenue surged 426% from the prior year, signaling strong growth momentum. The organization ran a surplus of $329K, a strong 29% operating margin.

Mission

THE AMERICAN OSTEOPATHIC COLLEGES OF OPHTHALMOLOGY & OTOLARYNGOLOGY HEAD AND NECK SURGERY FOUNDATION SUPPORTS RESIDENT TRAINING, EDUCATION AND RESEARCH. THE FOUNDATION STRIVES TO SERVE THE HEALTHCARE NEEDS OF THE PUBLIC BY SEEKING TO DEVELOP EFFECTIVE GRANT-MAKING IN HEALTHCARE, HEALTH EDUCATION AND RESEARCH.

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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 $576,711
Investment Income $546,852
Other Revenue $1,011
TOTAL REVENUE $1,124,574

Expense Breakdown

Grants Paid $79,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $752,671
Other Expenses $716,650
TOTAL EXPENSES $795,650

Year-over-Year Comparison

2024 2023 Change
Revenue $1,124,574 $213,659 +4.3%
Expenses $795,650 $92,531 +7.6%
Net Income $328,924 $121,128 +1.7%
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

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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
6
Independent Members
6
Employees
N/A
Volunteers
6

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
4
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT PEETS DO TREASURER 5
Officer Director
$0 $0 $0
LYNDSAY MADDEN DO PRESIDENT 5
Officer Director
$0 $0 $0
DOUGLAS KUBEK DO SECRETARY 5
Officer Director
$0 $0 $0
ANKUR PATEL DO BOARD MEMBER 2
Director
$0 $0 $0
JULIA AGAPOV DO BOARD MEMBER 2
Director
$0 $0 $0
TIMOTHY WINTER DO BOARD MEMBER 2
Director
$0 $0 $0
RALPH MCCLISH EXECUTIVE DIRECTOR 5
Officer
$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 $1,124,574 $795,650 $9,316,036 $328,924
2023 $1,414,302 $915,833 $7,840,790 $498,469
2023 $213,659 $92,531 $8,424,591 $121,128
2022 $-916,252 $935,055 $7,406,890 $-1,851,307
2021 $2,577,002 $237,727 $9,058,123 $2,339,275
2020 $66,320 $213,958 $6,760,761 $-147,638
2019 $1,016,000 $688,626 $6,833,265 $327,374
2018 $882,415 $658,741 $6,506,387 $223,674
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