THE NEW JERSEY ACADEMY OF OPHTHALMOLOGY INC (EIN 753142240) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2004

Legal Domicile

Principal Officer

MARY JUDE COX MD

Phone

6093921201

Tax Period

2024-01-01 to 2024-12-31

THE NEW JERSEY ACADEMY OF OPHTHALMOLOGY INC, founded in 2004, is a small nonprofit in the Community Improvement sector that reported $266K in total revenue in fiscal year 2024. Revenue surged 31% from the prior year, signaling strong growth momentum. Expenses of $227K left a modest 15% surplus.

Mission

TO EDUCATE ITS MEMBERS REGARDING THE MEDICAL AND TECHNICAL ADVANCES IN THE FIELD OF OPHTHALMOLOGY.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $195,360

Program Service Revenue $71,115

Investment Income $0

Other Revenue $0

TOTAL REVENUE $266,475

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $226,562

TOTAL EXPENSES $226,562

Year-over-Year Comparison

	2024	2023	Change
Revenue	$266,475	$204,157	+0.3%
Expenses	$226,562	$275,176	-0.2%
Net Income	$39,913	$-71,019	-1.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
MATT HALPIN	EXECUTIVE DIRECTOR	15.00	Director	$0	$0	$0
MARY JUDE COX MD	PRESIDENT	2.00	Officer	$0	$0	$0
ALICE WILIAMS MD	VICE PRESIDENT	2.00	Officer	$0	$0	$0
ISAAC EZON MD	PRESIDENT-ELECT	2.00	Officer	$0	$0	$0
MICHAEL SPEDICK MD	SECRETARY/TREASURER	2.00	Officer	$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
2024	$266,475	$226,562	$54,047	$39,913
2023	$204,157	$275,176	$12,564	$-71,019
2022	$212,680	$231,928	$30,397	$-19,248
2021	$168,250	$209,495	$66,452	$-41,245
2020	$179,890	$192,211	$143,236	$-12,321
2019	$250,560	$234,089	$127,640	$16,471
2018	$236,860	$222,912	$130,301	$13,948

THE NEW JERSEY ACADEMY OF OPHTHALMOLOGY INC