Educational Foundation In Ophthalmic Optics
EIN: 416035017 · Lexington, KY · NTEE: B12
| Metric | Value |
|---|---|
| Total Revenue | $33K |
| Total Expenses | $21K |
| Net Assets | $2K |
Is Educational Foundation In Ophthalmic Optics Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Educational Foundation In Ophthalmic Optics
Educational Foundation In Ophthalmic Optics (EIN: 416035017) is a nonprofit organization based in Lexington, KY, classified under NTEE code B12. The organization reported total revenue of $33K and total assets of $1 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Educational Foundation In Ophthalmic Optics's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Educational Foundation In Ophthalmic Optics is a micro nonprofit that has been operating for 12 years, with 11 years of IRS 990 filings on record (2013–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $21K |
| Total Expenses | $21K |
| Surplus / Deficit | +$0 |
| Total Assets | $2K |
| Net Assets | $2K |
| Operating Margin | 0.0% |
| Months of Reserves | 1.0 months |
Financial Health Grade: B
In 2023, Educational Foundation In Ophthalmic Optics reported a surplus of $0 with revenue exceeding expenses, holds 1.0 months of operating reserves (limited).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | -100.0% | -100.0% | +0.0% |
| 2019 | -47.9% | -37.1% | -46.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Educational Foundation In Ophthalmic Optics has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Educational Foundation In Ophthalmic Optics with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $0, with revenue exceeding expenses.
Frequently Asked Questions about Educational Foundation In Ophthalmic Optics
Is Educational Foundation In Ophthalmic Optics a legitimate charity?
Educational Foundation In Ophthalmic Optics (EIN: 416035017) is a registered tax-exempt nonprofit based in Kentucky. It has 11 years of IRS 990 filings on record. Total revenue: $33K. No red flags identified. Financial health grade: B.
How does Educational Foundation In Ophthalmic Optics spend its money?
Educational Foundation In Ophthalmic Optics reported $33K in total revenue in IRS 990 filings. 11 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Educational Foundation In Ophthalmic Optics tax-deductible?
Educational Foundation In Ophthalmic Optics is registered as a tax-exempt nonprofit (EIN: 416035017). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Educational Foundation In Ophthalmic Optics located?
Educational Foundation In Ophthalmic Optics is headquartered in Lexington, Kentucky and files with the IRS under EIN 416035017. It is classified under NTEE code B12.
How many years of IRS 990 filings does Educational Foundation In Ophthalmic Optics have?
Educational Foundation In Ophthalmic Optics has 11 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $33K in total revenue.
Filing History
IRS 990 filing history for Educational Foundation In Ophthalmic Optics showing financial trends over 11 years of public records:
Total assets decreased by 99.3% over the same period, from $243K to $2K. Total functional expenses rose by 416.6%, from $4K to $21K. In its most recent filing year (2023), Educational Foundation In Ophthalmic Optics reported a surplus of $0, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $21K | $21K | $2K | $0 | — | View 990 |
| 2022 | $0 | $0 | $2K | $0 | — | — |
| 2021 | $0 | $0 | $2K | $0 | — | — |
| 2020 | $0 | $0 | $2K | $0 | — | — |
| 2019 | $3K | $2K | $2K | $0 | — | View 990 |
| 2018 | $5K | $4K | $3K | $2K | — | View 990 |
| 2017 | $85K | $91K | $856 | $311 | — | View 990 |
| 2016 | $110K | $204K | $7K | $324 | — | View 990 |
| 2015 | $100K | $197K | $101K | $158 | — | View 990 |
| 2014 | $0 | $45K | $197K | $0 | — | View 990 |
| 2013 | $0 | $4K | $243K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $21K, expenses of $21K, and assets of $2K.
- 2022: Revenue of $0, expenses of $0, and assets of $2K.
- 2021: Revenue of $0, expenses of $0, and assets of $2K.
- 2020: Revenue of $0, expenses of $0, and assets of $2K (revenue -100.0% year-over-year).
- 2019: Revenue of $3K, expenses of $2K, and assets of $2K (revenue -47.9% year-over-year).
- 2018: Revenue of $5K, expenses of $4K, and assets of $3K (revenue -94.1% year-over-year).
- 2017: Revenue of $85K, expenses of $91K, and assets of $856 (revenue -22.7% year-over-year).
- 2016: Revenue of $110K, expenses of $204K, and assets of $7K (revenue +10.0% year-over-year).
- 2015: Revenue of $100K, expenses of $197K, and assets of $101K.
- 2014: Revenue of $0, expenses of $45K, and assets of $197K.
- 2013: Revenue of $0, expenses of $4K, and assets of $243K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Educational Foundation In Ophthalmic Optics:
Data Sources and Methodology
This transparency report for Educational Foundation In Ophthalmic Optics is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.