SOUTH CAROLINA SOCIETY OF OPHTHALMOLOGY INC (EIN 570966802) - 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

1976

Legal Domicile

Principal Officer

STACY J STORY MD

Tax Period

2023-01-01 to 2023-12-31

SOUTH CAROLINA SOCIETY OF OPHTHALMOLOGY INC, founded in 1976, is a small nonprofit that reported $208K in total revenue in fiscal year 2023. The organization ran a surplus of $32K, a strong 16% operating margin.

Mission

THE SOUTH CAROLINA SOCIETY OF OPTHALMOLGY IS THE LEADER IN PROMOTING VISION HEALTH AS WELL AS DIRECT ACCESS TO QUALTIY, ACCESSIBLE AND AFFORDABLE TOTAL EYE CARE BY OPTHALMOLGISTS FOR THE CITIZENS OF THE STATE OF SOUTH CAROLINA.

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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 $208,376

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $208,376

Expense Breakdown

Grants Paid $0

Salaries & Benefits $37,607

Fundraising Expenses $0

Other Expenses $138,377

TOTAL EXPENSES $175,984

Year-over-Year Comparison

	2023	2022	Change
Revenue	$208,376	$196,651	+0.1%
Expenses	$175,984	$128,088	+0.4%
Net Income	$32,392	$68,563	-0.5%

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

120

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

$15,772

Total Directors

$15,772

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RONALD C SCOTT	EXECUTIVE DIRECTOR	8.00	Officer Director	$15,772	$0	$15,772
RYAN RHODES	YOUNG OPTHALMOLGIST CHAIR	2.00	Director	$0	$0	$0
NINI PATHEJA	DIRECTOR	2.00	Director	$0	$0	$0
CHUCK BEISCHEL	DIRECTOR	2.00	Director	$0	$0	$0
KELTON WIGINGTON	DIRECTOR	2.00	Director	$0	$0	$0
ANDREW HACK	DIRECTOR	2.00	Director	$0	$0	$0
MARK R STOKES	DIRECTOR	2.00	Director	$0	$0	$0
ED WILSON	MISSIONS CHAIR	2.00	Officer Director	$0	$0	$0
KEVIN NUSZ	TREASURER	4.00	Officer Director	$0	$0	$0
KENNETH GLEITSMANN	COMMUNICATIONS CHAIR	2.00	Officer Director	$0	$0	$0
JOHN WELLS III	AAO COUNCILOR	2.00	Officer Director	$0	$0	$0
KURT HEITMAN	LEGISLATIVE CHAIR	2.00	Officer Director	$0	$0	$0
STACY J STORY	PRESIDENT	4.00	Officer Director	$0	$0	$0
SCOTT K SCHULTZ	PAST PRESIDENT	2.00	Officer Director	$0	$0	$0
LYNN PERRY	ACADEMIC CHAIR - MUSC	2.00	Officer Director	$0	$0	$0
KATIE KECK	ACADEMIC CHAIR - USC	2.00	Officer Director	$0	$0	$0
CARL BAKER	SUBSPECIALTY CHAIR	2.00	Officer Director	$0	$0	$0
WADE REARDON	PRESIDENT ELECT	2.00	Officer 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	No data	No data	No data	No data
2023	$208,376	$175,984	$324,176	$32,392
2022	$196,651	$128,088	$291,784	$68,563
2021	$145,669	$141,185	$223,221	$4,484
2020	$160,596	$112,795	$218,737	$47,801
2019	$208,607	$156,902	$170,936	$51,705
2018	$180,075	$168,501	$119,231	$11,574

SOUTH CAROLINA SOCIETY OF OPHTHALMOLOGY INC