Ophthalmology Medical Service Group Inc
Ophthalmology Medical Service Group Inc shows strong financial growth and no reported officer compensation.
EIN: 161477355 · Syracuse, NY · NTEE: E99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $6.1M |
| Total Expenses | $5.0M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $6 |
| Net Assets | $3.3M |
| Transparency Score | 92/100 |
Is Ophthalmology Medical Service Group Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ophthalmology Medical Service Group Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ophthalmology Medical Service Group Inc
Ophthalmology Medical Service Group Inc (EIN: 161477355) is a nonprofit organization based in Syracuse, NY, classified under NTEE code E99. The organization reported total revenue of $6.1M and total assets of $4.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ophthalmology Medical Service Group Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ophthalmology Medical Service Group Inc is a mid-size nonprofit that has been operating for 30 years, with 11 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of 16.1%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.1M |
| Total Expenses | $5.0M |
| Surplus / Deficit | +$1.1M |
| Total Assets | $4.0M |
| Total Liabilities | $720K |
| Net Assets | $3.3M |
| Operating Margin | 17.8% |
| Debt-to-Asset Ratio | 17.9% |
| Months of Reserves | 9.7 months |
Financial Health Grade: A
In 2021, Ophthalmology Medical Service Group Inc reported a surplus of $1.1M with revenue exceeding expenses, holds 9.7 months of operating reserves (strong position), has a debt-to-asset ratio of 17.9% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2021), Ophthalmology Medical Service Group Inc's revenue has grown at a compound annual growth rate (CAGR) of 16.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +38.9% | +36.1% | +31.0% |
| 2020 | +24.5% | +13.8% | +36.8% |
| 2019 | -1.1% | +30.6% | +23.0% |
| 2018 | +23.8% | -2.7% | +37.4% |
| 2017 | +46.7% | +30.8% | +368.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1996 |
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 Ophthalmology Medical Service Group Inc with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Ophthalmology Medical Service Group Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.1M, with revenue exceeding expenses.
- Debt-to-asset ratio: 17.9%.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size with over $6 million in revenue. This could indicate a volunteer-led executive team or that executive compensation is categorized differently within the expense structure, warranting 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 Ophthalmology Medical Service Group Inc's IRS 990 filings:
- 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
The following positive indicators were identified for Ophthalmology Medical Service Group Inc:
- 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.
Frequently Asked Questions about Ophthalmology Medical Service Group Inc
Is Ophthalmology Medical Service Group Inc a legitimate charity?
Ophthalmology Medical Service Group Inc (EIN: 161477355) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 92/100. It has 11 years of IRS 990 filings on record. Total revenue: $6.1M. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Ophthalmology Medical Service Group Inc spend its money?
Ophthalmology Medical Service Group Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Ophthalmology Medical Service Group Inc tax-deductible?
Ophthalmology Medical Service Group Inc is registered as a tax-exempt nonprofit (EIN: 161477355). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Ophthalmology Medical Service Group Inc CEO make?
Ophthalmology Medical Service Group Inc's highest-compensated officer earns $6 annually. The organization reported $6.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Ophthalmology Medical Service Group Inc's spending goes to programs?
Ophthalmology Medical Service Group Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Ophthalmology Medical Service Group Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Ophthalmology Medical Service Group Inc is above average for NTEE category E99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Ophthalmology Medical Service Group Inc located?
Ophthalmology Medical Service Group Inc is headquartered in Syracuse, New York and files with the IRS under EIN 161477355. It is classified under NTEE code E99.
How many years of IRS 990 filings does Ophthalmology Medical Service Group Inc have?
Ophthalmology Medical Service Group Inc 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 $6.1M in total revenue.
Is Ophthalmology Medical Service Group Inc financially stable?
Yes, the organization appears financially stable, demonstrating consistent revenue growth from $1,143,421 in 2012 to $6,081,259 in 2021, and a significant increase in assets to $4,022,130 in 2021, far exceeding its liabilities of $719,840.
How has the organization's revenue grown over the past decade?
Ophthalmology Medical Service Group Inc has experienced substantial revenue growth, increasing from $1,143,421 in 2012 to $6,081,259 in 2021, representing over a 430% increase.
What is the organization's asset-to-liability ratio?
In 2021, the organization had assets of $4,022,130 and liabilities of $719,840, resulting in an asset-to-liability ratio of approximately 5.59, indicating a strong financial position.
Does the organization pay its officers?
Based on the provided IRS 990 data, the organization consistently reports 0% officer compensation across all available filing periods, including the latest in 2021.
Filing History
IRS 990 filing history for Ophthalmology Medical Service Group Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2021), Ophthalmology Medical Service Group Inc's revenue has grown by 344.3%, moving from $1.4M to $6.1M. Total assets increased by 13716.5% over the same period, from $29K to $4.0M. Total functional expenses rose by 257.1%, from $1.4M to $5.0M. In its most recent filing year (2021), Ophthalmology Medical Service Group Inc reported a surplus of $1.1M, with revenue exceeding expenses. The organization holds $720K in liabilities against $4.0M in assets (debt-to-asset ratio: 17.9%), resulting in net assets of $3.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $6.1M | $5.0M | $4.0M | $720K | — | — |
| 2020 | $4.4M | $3.7M | $3.1M | $468K | — | — |
| 2019 | $3.5M | $3.2M | $2.2M | $173K | — | View 990 |
| 2018 | $3.6M | $2.5M | $1.8M | $181K | — | View 990 |
| 2017 | $2.9M | $2.5M | $1.3M | $66K | — | View 990 |
| 2016 | $2.0M | $1.9M | $284K | $335K | — | View 990 |
| 2015 | $1.6M | $1.5M | $133K | $226K | — | View 990 |
| 2014 | $1.1M | $1.1M | $76K | $257K | — | View 990 |
| 2013 | $1.0M | $963K | $73K | $303K | — | View 990 |
| 2012 | $1.1M | $1.1M | $31K | $315K | — | View 990 |
| 2011 | $1.4M | $1.4M | $29K | $376K | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $6.1M, expenses of $5.0M, and assets of $4.0M (revenue +38.9% year-over-year).
- 2020: Revenue of $4.4M, expenses of $3.7M, and assets of $3.1M (revenue +24.5% year-over-year).
- 2019: Revenue of $3.5M, expenses of $3.2M, and assets of $2.2M (revenue -1.1% year-over-year).
- 2018: Revenue of $3.6M, expenses of $2.5M, and assets of $1.8M (revenue +23.8% year-over-year).
- 2017: Revenue of $2.9M, expenses of $2.5M, and assets of $1.3M (revenue +46.7% year-over-year).
- 2016: Revenue of $2.0M, expenses of $1.9M, and assets of $284K (revenue +21.7% year-over-year).
- 2015: Revenue of $1.6M, expenses of $1.5M, and assets of $133K (revenue +44.7% year-over-year).
- 2014: Revenue of $1.1M, expenses of $1.1M, and assets of $76K (revenue +10.5% year-over-year).
- 2013: Revenue of $1.0M, expenses of $963K, and assets of $73K (revenue -12.0% year-over-year).
- 2012: Revenue of $1.1M, expenses of $1.1M, and assets of $31K (revenue -16.5% year-over-year).
- 2011: Revenue of $1.4M, expenses of $1.4M, and assets of $29K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ophthalmology Medical Service Group Inc:
Data Sources and Methodology
This transparency report for Ophthalmology Medical Service Group 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.