NORTH CAROLINA SOCIETY OF EYE PHYSICIANS AND SURGEONS INC

EIN: 581314518

RALEIGH, NC

Total Revenue
$353,177
Total Expenses
$393,799
Total Assets
$468,020
Net Assets
$468,020
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1977
Legal Domicile
NC
Principal Officer
ASHLEY NEWTON
Phone
9198333836
Tax Period
2023-01-01 to 2023-12-31

NORTH CAROLINA SOCIETY OF EYE PHYSICIANS AND SURGEONS INC, founded in 1977, is a small nonprofit that reported $353K in total revenue in fiscal year 2023. Expenses of $394K exceeded revenue, resulting in a 12% operating deficit.

Mission

THE NORTH CAROLINA SOCIETY OF EYE PHYSICIANS AND SURGEONS IS DEDICATED TO REPRESENTING THE BEST INTERESTS OF OPHTHALMOLOGISTS AND THEIR PATIENTS THROUGH ADVOCACY AND EDUCATION.

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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 (2023)

Revenue Breakdown

Contributions & Grants $178,005
Program Service Revenue $174,760
Investment Income $412
Other Revenue $0
TOTAL REVENUE $353,177

Expense Breakdown

Grants Paid $0
Salaries & Benefits $26,242
Fundraising Expenses $0
Program Expenses $142,281
Other Expenses $367,557
TOTAL EXPENSES $393,799

Year-over-Year Comparison

2023 2022 Change
Revenue $353,177 $356,164 0.0%
Expenses $393,799 $375,366 +0.0%
Net Income $-40,622 $-19,202 +1.1%
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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Governance

Voting Members
12
Independent Members
12
Employees
N/A
Volunteers
20

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
$26,242
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT PARK MD PRESIDENT 5.00
Officer Director
$0 $0 $0
JENNIFER JORDAN MD PRESIDENT - ELECT 2.00
Director
$0 $0 $0
LLOYD WILLIAMS MD SECRETARY-TREASURER 1.00
Officer Director
$0 $0 $0
CHAD BRASINGTON MD IMMEDIATE PAST PRESIDENT 1.00
Director
$0 $0 $0
CHRISTINA CHOE MD MEMBER AT LARGE 1.00
Director
$0 $0 $0
JAGER KOEMER MD MEMBER AT LARGE 5.00
Director
$0 $0 $0
DARRELL HESTER MD MEMBER AT LARGE 2.00
Director
$0 $0 $0
DIVIKAR GUPTA MD MEMBER AT LARGE 2.00
Director
$0 $0 $0
NIK ULRICH MD MEMBER AT LARGE 2.00
Director
$0 $0 $0
SUE BURDEN MD AAO COUNCILOR 2.00
Director
$0 $0 $0
JAMIE BRYAN III MD AAO VICE-COUNCILOR 2.00
Director
$0 $0 $0
W ALAN SKIPPER CAE SENIOR EXECUTIVE DIRECTOR 8.00
Officer
$19,229 $0 $19,229
ASHLEY NEWTON MBA EXECUTIVE DIRECTOR 6.00
Officer
$7,013 $0 $7,013
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 No data No data No data No data
2023 $353,177 $393,799 $468,020 $-40,622
2022 $356,164 $375,366 $508,642 $-19,202
2021 $348,882 $196,508 $527,844 $152,374
2019 $463,472 $356,543 $412,782 $106,929
2018 $627,549 $540,505 $305,853 $87,044
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