NEW ORLEANS ACADEMY OF OPHTHALMOLOGY

EIN: 582080242 501(c)(3) Arts, Culture & Humanities

NEW ORLEANS, LA

Total Revenue
$345,281
Total Expenses
$303,518
Total Assets
$864,900
Net Assets
$849,858
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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
1993
Legal Domicile
LA
Principal Officer
COURTNEY FINKELSTEIN
Phone
5048612550
Tax Period
2023-07-01 to 2024-06-30

NEW ORLEANS ACADEMY OF OPHTHALMOLOGY, founded in 1993, is a small nonprofit in the Arts, Culture & Humanities sector that reported $345K in total revenue in fiscal year 2023. Revenue surged 34% from the prior year, signaling strong growth momentum. Expenses of $304K left a modest 12% surplus.

Mission

TO PROMOTE OPHTHALMIC EDUCATION THROUGH INSTRUCTIONAL COURSES, CLINCS, LECTURES AND SEMINARS, AT WHICH GUEST SPEAKERS PRESENT SUBJECTS OF CURRENT INTEREST AND IMPORTANCE.

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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 $113,860
Program Service Revenue $164,695
Investment Income $56,966
Other Revenue $9,760
TOTAL REVENUE $345,281

Expense Breakdown

Grants Paid $0
Salaries & Benefits $86,400
Fundraising Expenses $33,771
Program Expenses $232,630
Other Expenses $217,118
TOTAL EXPENSES $303,518

Year-over-Year Comparison

2023 2022 Change
Revenue $345,281 $257,218 +0.3%
Expenses $303,518 $293,907 +0.0%
Net Income $41,763 $-36,689 -2.1%
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
9
Independent Members
9
Employees
2
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
$60,000
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRANDON DAVIS MD BOARD MEMBER 1.00
Director
$0 $0 $0
ANTHONY MAZZULLA MD PRESIDENT 1.00
Officer Director
$0 $0 $0
ADHAM AL HARIRI MD PRESIDENT-ELECT 1.00
Officer Director
$0 $0 $0
LESLIE ESTRADA MD BOARD MEMBER 1.00
Director
$0 $0 $0
PETER R KASTL MD PHD PARLIAMENTARIAN 1.00
Director
$0 $0 $0
BRENDON SUMICH MD BOARD MEMBER 1.00
Director
$0 $0 $0
ALEJANDRO LEON MD TREASURER 1.00
Officer Director
$0 $0 $0
REBECCA METZINGER MD BOARD MEMBER 1.00
Director
$0 $0 $0
LENA AL-DUJAILI MD BOARD MEMBER 1.00
Director
$0 $0 $0
A COURTNEY FINKELSTEIN EXECUTIVE DIRECTOR 40.00
Officer
$57,600 $2,400 $60,000
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 $345,281 $303,518 $864,900 $41,763
2023 $257,218 $293,907 $821,819 $-36,689
2022 $282,243 $305,035 $850,428 $-22,792
2021 $320,917 $329,388 $870,789 $-8,471
2020 $261,590 $287,508 $860,490 $-25,918
2019 $344,027 $277,546 $900,763 $66,481
2018 $268,789 $281,288 $834,785 $-12,499
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