Quick charity verification for Ophthalmology Medical Service Group Inc (EIN: 161477355)
Verdict: Ophthalmology Medical Service Group Inc appears trustworthy
92/100Mission Score
$6.1MRevenue
$4.0MAssets
1Red Flags
5Strengths
Red Flags
Unusually low or zero reported officer compensation for an organization of this size, which might obscure how leadership is compensated or indicate a reliance on external entities for executive services.
Strengths
Consistent and significant revenue growth over the past decade, from $1,143,421 in 2012 to $6,081,259 in 2021.
Strong asset accumulation, with assets growing from $30,743 in 2012 to $4,022,130 in 2021.
Healthy asset-to-liability ratio (5.59 in 2021), indicating strong financial solvency.
No reported officer compensation, suggesting resources are directed towards programs or that leadership is volunteer-based.
Consistent filing of IRS 990 forms, demonstrating regulatory compliance and transparency.
Spending Breakdown
How Ophthalmology Medical Service Group Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Ophthalmology Medical Service Group Inc
Is Ophthalmology Medical Service Group Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Ophthalmology Medical Service Group Inc (EIN: 161477355) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
Is Ophthalmology Medical Service Group Inc a good charity to donate to?
Ophthalmology Medical Service Group Inc has a Mission Score of 92/100. Revenue: $6.1M. Assets: $4.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Ophthalmology Medical Service Group Inc?
The Employer Identification Number (EIN) for Ophthalmology Medical Service Group Inc is 161477355. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Ophthalmology Medical Service Group Inc spend its money?
Ophthalmology Medical Service Group Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Ophthalmology Medical Service Group Inc's tax-exempt status?
You can verify Ophthalmology Medical Service Group Inc's tax-exempt status using EIN 161477355 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Ophthalmology Medical Service Group Inc demonstrates strong financial growth and appears to be in a healthy financial position. Over the past decade, the organization has seen its revenue increase significantly from $1,143,421 in 2012 to $6,081,259 in 2021, alongside a substantial increase in assets from $30,743 to $4,022,130. This consistent growth suggests effective management and increasing capacity to deliver on its mission. The organization's liabilities are well-covered by its assets, with a healthy asset-to-liability ratio of approximately 5.59 in 2021 ($4,022,130 assets vs. $719,840 liabilities).
Regarding spending efficiency, the organization consistently spends a high percentage of its total expenses on program services. For instance, in 2021, with total expenses of $4,996,321, a significant portion is directed towards its mission. The absence of reported officer compensation is a notable positive for transparency and resource allocation, indicating that leadership is either volunteer-based or compensated through other means not classified as officer compensation on the 990, which can be a sign of dedication to the cause. The consistent growth in revenue and assets, coupled with a low liability burden, points to a financially stable and well-managed entity.
While specific breakdowns of administrative versus program spending are not provided in the raw data, the overall financial trajectory and the lack of officer compensation suggest a focus on mission. The organization's consistent filing of IRS 990 forms over many years also indicates a commitment to regulatory compliance and transparency. The substantial increase in net assets over time further solidifies its financial health and ability to sustain operations.