UNIVERSITY OF MARYLAND EYE ASSOCIATES PA

EIN: 526148737 501(c)(3) Diseases & Disorders

BALTIMORE, MD

Total Revenue
$10,975,634
Total Expenses
$10,750,739
Total Assets
$7,322,866
Net Assets
$94,224
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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
1973
Legal Domicile
MD
Phone
6672141103
Tax Period
2024-07-01 to 2025-06-30

UNIVERSITY OF MARYLAND EYE ASSOCIATES PA, founded in 1973, is a mid-sized nonprofit in the Diseases & Disorders sector that reported $11.0M in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion.

Mission

UNDER THE MEDICAL SERVICE PLAN OF THE UNIVERSITY OF MARYLAND SCHOOL OF MEDICINE, MEDICAL SERVICES ARE RENDERED BY THE MEMBERS OF THE FACULTY ON BEHALF OF THE SCHOOL OF MEDICINE IN CONNECTION WITH THEIR DUTIES TO PROVIDE CLINICAL INSTRUCTION FOR MEDICAL STUDENTS AND OTHER TRAINEES AND TO DELIVER HEALTHCARE TO THE GENERAL PUBLIC WITHOUT REGARD TO THE PATIENT'S ABILITY TO PAY FOR SERVICES.

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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 $10,940,642
Investment Income $34,992
Other Revenue $0
TOTAL REVENUE $10,975,634

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,380,592
Fundraising Expenses $0
Program Expenses $9,060,288
Other Expenses $6,370,147
TOTAL EXPENSES $10,750,739

Year-over-Year Comparison

2024 2023 Change
Revenue $10,975,634 $9,585,343 +0.1%
Expenses $10,750,739 $8,895,055 +0.2%
Net Income $224,895 $690,288 -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
64
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
4
$759,259
Total Directors
1
$429,976
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Lisa Schocket MD PRESIDENT 10.0
Officer Director
$409,579 $20,397 $429,976
Islam Helal Treasurer 10.0
Officer
$0 $13,440 $61,440
Lawrence K Thompson Secretary 10.0
Officer
$21,464 $6,827 $163,075
Osamah Saeedi MD Vice President 10.0
Officer
$97,611 $7,157 $104,768
Amelia Kopec DIVISION MANAGER 10.0
Highest
$107,453 $9,435 $116,888
Shannath Merbs MD PHYSICIAN 10.0
Highest
$129,787 $10,129 $139,916
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 $10,975,634 $10,750,739 $7,322,866 $224,895
2024 No data No data No data No data
2023 $8,704,136 $8,812,137 $3,203,738 $-108,001
2022 $17,303,114 $9,959,104 $2,338,210 $7,344,010
2021 $8,234,651 $8,611,333 $2,137,638 $-376,682
2020 $6,720,461 $7,791,175 $1,948,257 $-1,070,714
2019 $7,601,178 $8,461,918 $2,716,810 $-860,740
2018 $7,744,676 $8,378,462 $2,635,030 $-633,786
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