GBMC Ophthalmology Educational Foundation Inc (EIN 521584782) - 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

Formation Year

1987

Legal Domicile

Principal Officer

Mary Louise Collins MD

Phone

4438492644

Tax Period

2023-07-01 to 2024-06-30

GBMC Ophthalmology Educational Foundation Inc, founded in 1987, is a small nonprofit in the Diseases & Disorders sector that reported $320K in total revenue in fiscal year 2023. Revenue surged 139% from the prior year, signaling strong growth momentum. Net assets of $3.5M represent 132 months of operating reserves.

Mission

To fund medical education in the field of ophthalmology

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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 $35,000

Program Service Revenue $0

Investment Income $285,116

Other Revenue $0

TOTAL REVENUE $320,116

Expense Breakdown

Grants Paid $220,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $278,180

Other Expenses $92,202

TOTAL EXPENSES $312,202

Year-over-Year Comparison

	2023	2022	Change
Revenue	$320,116	$134,211	+1.4%
Expenses	$312,202	$75,490	+3.1%
Net Income	$7,914	$58,721	-0.9%

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

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Mary Louise Collins MD	President	5.00	Officer Director	$0	$0	$0
John Thompson MD	Director	5.00	Director	$0	$0	$0
Allison Jensen	Vice President	5.00	Officer Director	$0	$0	$0
Lawson Grumbine	Director	5.00	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
2025	No data	No data	No data	No data
2024	$320,116	$312,202	$3,524,221	$7,914
2023	$134,211	$75,490	$3,376,297	$58,721
2022	$149,466	$85,519	$3,151,690	$63,947
2021	$508,005	$104,740	$3,708,520	$403,265
2020	$186,478	$418,591	$3,044,008	$-232,113
2019	$118,980	$667,497	$3,207,407	$-548,517
2018	$158,649	$296,299	$3,688,185	$-137,650

GBMC Ophthalmology Educational Foundation Inc