Glaucoma Foundation Inc
Glaucoma Foundation Inc. consistently directs 100% of officer compensation to programs, maintaining strong asset growth and financial health.
EIN: 133174839 · New York, NY · NTEE: G41Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.6M |
| Total Expenses | $2.9M |
| Program Spending | 100% |
| CEO/Top Officer Pay | $17.58 |
| Net Assets | $13.2M |
| Transparency Score | 95/100 |
Is Glaucoma Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Glaucoma Foundation Inc directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Glaucoma Foundation Inc
Glaucoma Foundation Inc (EIN: 133174839) is a nonprofit organization based in New York, NY, classified under NTEE code G41Z. The organization reported total revenue of $5.6M and total assets of $17.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Glaucoma Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Glaucoma Foundation Inc is a mid-size nonprofit that has been operating for 41 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.8M |
| Total Expenses | $2.9M |
| Surplus / Deficit | +$1.9M |
| Total Assets | $13.9M |
| Total Liabilities | $710K |
| Net Assets | $13.2M |
| Operating Margin | 39.6% |
| Debt-to-Asset Ratio | 5.1% |
| Months of Reserves | 58.1 months |
Financial Health Grade: A
In 2023, Glaucoma Foundation Inc reported a surplus of $1.9M with revenue exceeding expenses, holds 58.1 months of operating reserves (strong position), has a debt-to-asset ratio of 5.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Glaucoma Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +63.5% | +31.7% | +13.3% |
| 2022 | -32.2% | -13.7% | -5.0% |
| 2021 | +76.3% | +38.3% | +31.4% |
| 2020 | -36.0% | -4.4% | +19.8% |
| 2019 | +160.4% | +28.7% | +23.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1985 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Glaucoma Foundation Inc with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 100%
- fundraising: 0%
According to IRS 990 filings, Glaucoma Foundation Inc allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.9M, with revenue exceeding expenses.
- Debt-to-asset ratio: 5.1%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization. This is highly unusual for an organization of its size with assets of $17.58 million and annual revenues exceeding $5 million, suggesting either a volunteer leadership model or compensation is covered by another entity, which would warrant further investigation for full transparency.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Glaucoma Foundation Inc's IRS 990 filings:
- Unusually low or zero reported administrative and fundraising expenses, which might indicate these costs are absorbed by another entity or not fully disclosed in a standard manner, potentially obscuring the true operational cost structure.
Strengths
The following positive indicators were identified for Glaucoma Foundation Inc:
- 100% of officer compensation directed to programs, as reported.
- Strong and consistent asset growth, from $6.45 million in 2014 to $17.58 million currently.
- Healthy financial position with assets significantly exceeding liabilities (e.g., $13.9M assets vs. $0.7M liabilities in 2023).
- Significant revenue growth in recent years, with latest revenue at $5,647,390.
- High program efficiency, with a substantial portion of expenses dedicated to mission-related activities.
Frequently Asked Questions about Glaucoma Foundation Inc
Is Glaucoma Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Glaucoma Foundation Inc (EIN: 133174839) some concerns. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
How does Glaucoma Foundation Inc spend its money?
Glaucoma Foundation Inc directs 100% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Glaucoma Foundation Inc tax-deductible?
Glaucoma Foundation Inc is registered as a tax-exempt nonprofit (EIN: 133174839). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Glaucoma Foundation Inc CEO make?
Glaucoma Foundation Inc's highest-compensated officer earns $17.58 annually. The organization reported $5.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Glaucoma Foundation Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Glaucoma Foundation Inc is above average for NTEE category G41Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Glaucoma Foundation Inc located?
Glaucoma Foundation Inc is headquartered in New York, New York and files with the IRS under EIN 133174839. It is classified under NTEE code G41Z.
How many years of IRS 990 filings does Glaucoma Foundation Inc have?
Glaucoma Foundation Inc has 13 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 $5.6M in total revenue.
Is Glaucoma Foundation Inc. a good charity?
Based on the provided IRS 990 data, Glaucoma Foundation Inc. appears to be a very good charity. It demonstrates strong financial health, consistent asset growth, and an exceptional commitment to program spending, with no reported officer compensation, suggesting all funds are directed towards its mission.
How does Glaucoma Foundation Inc. manage its executive compensation?
The Glaucoma Foundation Inc. reports 0% officer compensation in all available IRS 990 filings. This indicates that no officers are compensated directly by the organization, which is a significant positive for resource allocation to programs.
What is the trend in Glaucoma Foundation Inc.'s revenue?
Glaucoma Foundation Inc.'s revenue has shown significant growth and fluctuation over the past decade, from $2,240,057 in 2014 to a peak of $5,647,390 in the latest period, with a notable increase in 2023 to $4,763,086 from $2,913,222 in 2022.
How has Glaucoma Foundation Inc.'s asset base changed over time?
The organization's asset base has shown consistent and substantial growth, increasing from $6,454,873 in 2014 to $17,585,178 currently, indicating strong financial management and accumulation of resources.
Filing History
IRS 990 filing history for Glaucoma Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Glaucoma Foundation Inc's revenue has grown by 202.2%, moving from $1.6M to $4.8M. Total assets increased by 275.4% over the same period, from $3.7M to $13.9M. Total functional expenses rose by 120.8%, from $1.3M to $2.9M. In its most recent filing year (2023), Glaucoma Foundation Inc reported a surplus of $1.9M, with revenue exceeding expenses. The organization holds $710K in liabilities against $13.9M in assets (debt-to-asset ratio: 5.1%), resulting in net assets of $13.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.8M | $2.9M | $13.9M | $710K | — | — |
| 2022 | $2.9M | $2.2M | $12.3M | $554K | — | View 990 |
| 2021 | $4.3M | $2.5M | $13.0M | $598K | — | View 990 |
| 2020 | $2.4M | $1.8M | $9.9M | $360K | — | — |
| 2019 | $3.8M | $1.9M | $8.2M | $247K | — | View 990 |
| 2018 | $1.5M | $1.5M | $6.7M | $162K | — | View 990 |
| 2017 | $1.5M | $1.6M | $7.8M | $300K | — | View 990 |
| 2016 | $2.2M | $1.5M | $7.1M | $185K | — | View 990 |
| 2015 | $1.8M | $1.3M | $5.9M | $102K | — | View 990 |
| 2014 | $2.2M | $1.5M | $6.5M | $300K | — | View 990 |
| 2013 | $1.8M | $1.2M | $5.7M | $147K | — | View 990 |
| 2012 | $1.5M | $1.3M | $4.2M | $246K | — | View 990 |
| 2011 | $1.6M | $1.3M | $3.7M | $214K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.8M, expenses of $2.9M, and assets of $13.9M (revenue +63.5% year-over-year).
- 2022: Revenue of $2.9M, expenses of $2.2M, and assets of $12.3M (revenue -32.2% year-over-year).
- 2021: Revenue of $4.3M, expenses of $2.5M, and assets of $13.0M (revenue +76.3% year-over-year).
- 2020: Revenue of $2.4M, expenses of $1.8M, and assets of $9.9M (revenue -36.0% year-over-year).
- 2019: Revenue of $3.8M, expenses of $1.9M, and assets of $8.2M (revenue +160.4% year-over-year).
- 2018: Revenue of $1.5M, expenses of $1.5M, and assets of $6.7M (revenue -5.3% year-over-year).
- 2017: Revenue of $1.5M, expenses of $1.6M, and assets of $7.8M (revenue -30.6% year-over-year).
- 2016: Revenue of $2.2M, expenses of $1.5M, and assets of $7.1M (revenue +23.9% year-over-year).
- 2015: Revenue of $1.8M, expenses of $1.3M, and assets of $5.9M (revenue -19.8% year-over-year).
- 2014: Revenue of $2.2M, expenses of $1.5M, and assets of $6.5M (revenue +23.6% year-over-year).
- 2013: Revenue of $1.8M, expenses of $1.2M, and assets of $5.7M (revenue +18.5% year-over-year).
- 2012: Revenue of $1.5M, expenses of $1.3M, and assets of $4.2M (revenue -2.9% year-over-year).
- 2011: Revenue of $1.6M, expenses of $1.3M, and assets of $3.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Glaucoma Foundation Inc:
Data Sources and Methodology
This transparency report for Glaucoma Foundation Inc 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.