Stony Brook Ophthalmology University Faculty Practice Corp

Stony Brook Ophthalmology University Faculty Practice Corp consistently reports balanced finances with no officer compensation.

EIN: 112658697 · Stony Brook, NY · NTEE: E20 · Updated: 2026-03-28

$15.1MRevenue
$1.6MAssets
85/100Mission Score (Excellent)
E20
Stony Brook Ophthalmology University Faculty Practice Corp Financial Summary
MetricValue
Total Revenue$15.1M
Total Expenses$12.3M
Program Spending90%
CEO/Top Officer Pay$10
Net Assets$0
Transparency Score85/100

Search Intent Cockpit

Stony Brook Ophthalmology University Faculty Practice Corp Form 990, Revenue, CEO Pay, and IRS Filing Signals

Stony Brook Ophthalmology University Faculty Practice Corp is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Stony Brook Ophthalmology University Faculty Practice Corp in one place.

Form 990 Filing Summary

13 filing years are available, with latest revenue of $12.1M and expenses of $12.3M.

Revenue and Expenses

Stony Brook Ophthalmology University Faculty Practice Corp reported $12.1M in revenue and $12.3M in expenses, a deficit of $267K.

Executive Compensation

Top officer compensation appears as $10 in the stored analysis, with context against revenue and expenses below.

Charity Score and Red Flags

85/100 mission score, 1 red flag, and 3 strengths are shown from structured and AI review.

Is Stony Brook Ophthalmology University Faculty Practice Corp Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
90%Program Expense
$0Grants Paid
13Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Stony Brook Ophthalmology University Faculty Practice Corp Expense Deployment
Program services$11.1M (90%)

Across stored filings, Stony Brook Ophthalmology University Faculty Practice Corp shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

Decision Cockpit

One-Stop Donor, Research, and Peer Context Hub

Stony Brook Ophthalmology University Faculty Practice Corp Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 1 red flag identified
Mission spend90% to programsExcellent
Financial durabilityGrade D13 stored filing years
Peer contextCompare with Healthy Capital District InitiativeNew York and Health context

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Stony Brook Ophthalmology University Faculty Practice Corp directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Stony Brook Ophthalmology University Faculty Practice Corp

Stony Brook Ophthalmology University Faculty Practice Corp (EIN: 112658697) is a nonprofit organization based in Stony Brook, NY, classified under NTEE code E20. The organization reported total revenue of $15.1M and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Stony Brook Ophthalmology University Faculty Practice Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

18Years Operating
LargeSize Classification
13Years of Filings
MixedRevenue Trajectory

Stony Brook Ophthalmology University Faculty Practice Corp is a large nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.7%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$12.1M
Total Expenses$12.3M
Surplus / Deficit$-266,564
Total Assets$2.3M
Total Liabilities$2.3M
Net Assets$0
Operating Margin-2.2%
Debt-to-Asset Ratio100.0%
Months of Reserves2.2 months

Financial Health Grade: D

In 2023, Stony Brook Ophthalmology University Faculty Practice Corp reported a deficit of $267K with expenses exceeding revenue, holds 2.2 months of operating reserves (limited), has a debt-to-asset ratio of 100.0% (high leverage).

Financial Trends

Over 13 years of filings (2011–2023), Stony Brook Ophthalmology University Faculty Practice Corp's revenue has grown at a compound annual growth rate (CAGR) of 4.7%.

YearRevenue ChangeExpense ChangeAsset Change
2023+10.6%+11.3%-10.4%
2022-2.8%+8.6%+21.6%
2021+3.6%-12.8%-9.0%
2020-16.4%-7.5%-27.2%
2019+7.7%+14.1%+11.1%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2008

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Stony Brook Ophthalmology University Faculty Practice Corp demonstrates consistent financial activity, with revenues and expenses generally in balance over the past decade. For instance, in 2023, expenses of $12,338,430 slightly exceeded revenues of $12,071,866, indicating a minor operating deficit. The organization's assets and liabilities have also remained closely matched across all reported periods, suggesting a balanced financial structure. Transparency is high regarding executive compensation, as zero officer compensation has been reported in all available filings, which is a notable positive for a nonprofit of this scale. The consistent reporting of assets equaling liabilities across all filings is unusual and may warrant further investigation to understand the underlying accounting practices, though it doesn't inherently indicate a problem without more context.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Stony Brook Ophthalmology University Faculty Practice Corp with a Mission Score of 85 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: 10%
  • programs: 90%
  • fundraising: 0%

According to IRS 990 filings, Stony Brook Ophthalmology University Faculty Practice Corp allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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:

$12.1MTotal Revenue
$12.3MTotal Expenses
$2.3MTotal Assets
$2.3MTotal Liabilities
$0Net Assets
  • The organization reported a deficit of $267K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 100.0%.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is highly unusual for an entity with over $10 million in annual revenue and suggests that executive services may be compensated through an affiliated entity or are pro bono.

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 Stony Brook Ophthalmology University Faculty Practice Corp's IRS 990 filings:

  • Consistent reporting of assets equaling liabilities across all filings, which is an unusual accounting presentation that may obscure financial nuances.

Strengths

The following positive indicators were identified for Stony Brook Ophthalmology University Faculty Practice Corp:

  • Consistent reporting of 0% officer compensation, indicating strong resource allocation towards its mission.
  • Stable financial operations with consistent revenue streams over a decade.
  • Apparent strong program focus, given the lack of reported fundraising expenses and officer compensation.

Frequently Asked Questions about Stony Brook Ophthalmology University Faculty Practice Corp

Is Stony Brook Ophthalmology University Faculty Practice Corp a legitimate charity?

Stony Brook Ophthalmology University Faculty Practice Corp (EIN: 112658697) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $15.1M. 1 red flag identified. 3 strengths noted. Financial health grade: D.

How does Stony Brook Ophthalmology University Faculty Practice Corp spend its money?

Stony Brook Ophthalmology University Faculty Practice Corp directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.

Are donations to Stony Brook Ophthalmology University Faculty Practice Corp tax-deductible?

Stony Brook Ophthalmology University Faculty Practice Corp is registered as a tax-exempt nonprofit (EIN: 112658697). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Stony Brook Ophthalmology University Faculty Practice Corp CEO make?

Stony Brook Ophthalmology University Faculty Practice Corp's highest-compensated officer earns $10 annually. The organization reported $15.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

How does Stony Brook Ophthalmology University Faculty Practice Corp compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), Stony Brook Ophthalmology University Faculty Practice Corp is above average for NTEE category E20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Stony Brook Ophthalmology University Faculty Practice Corp located?

Stony Brook Ophthalmology University Faculty Practice Corp is headquartered in Stony Brook, New York and files with the IRS under EIN 112658697. It is classified under NTEE code E20.

How many years of IRS 990 filings does Stony Brook Ophthalmology University Faculty Practice Corp have?

Stony Brook Ophthalmology University Faculty Practice Corp 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 $15.1M in total revenue.

Is Stony Brook Ophthalmology University Faculty Practice Corp a good charity?

Based on the available IRS 990 data, the organization appears to be financially stable with consistent revenue and expense levels. The reported 0% officer compensation is a significant positive for program focus. However, the consistent reporting of assets equaling liabilities across all filings is an unusual accounting practice that could benefit from clarification.

How does the organization manage its executive compensation?

The organization consistently reports 0% officer compensation in all available filings. This suggests that executive leadership either volunteers their time, or their compensation is handled through an affiliated entity, such as Stony Brook University, and not directly by this specific practice corporation.

What is the trend in the organization's financial health?

The organization shows a stable financial trend over the past decade, with revenues and expenses generally fluctuating between $9 million and $13 million annually. While there are periods of slight deficits (e.g., 2023, 2022), there are also periods of surpluses (e.g., 2021, 2018), indicating overall operational balance.

Filing History

IRS 990 filing history for Stony Brook Ophthalmology University Faculty Practice Corp showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Stony Brook Ophthalmology University Faculty Practice Corp's revenue has grown by 74.2%, moving from $6.9M to $12.1M. Total assets increased by 162.9% over the same period, from $877K to $2.3M. Total functional expenses rose by 84.1%, from $6.7M to $12.3M. In its most recent filing year (2023), Stony Brook Ophthalmology University Faculty Practice Corp reported a deficit of $267K, with expenses exceeding revenue. The organization holds $2.3M in liabilities against $2.3M in assets (debt-to-asset ratio: 100.0%), resulting in net assets of $0.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $12.1M $12.3M $2.3M $2.3M View 990
2022 $10.9M $11.1M $2.6M $2.6M View 990
2021 $11.2M $10.2M $2.1M $2.1M
2020 $10.8M $11.7M $2.3M $2.3M View 990
2019 $13.0M $12.7M $3.2M $3.2M View 990
2018 $12.0M $11.1M $2.9M $2.9M View 990
2017 $11.6M $11.1M $1.9M $1.9M View 990
2016 $9.7M $9.9M $1.4M $1.4M View 990
2015 $9.1M $9.3M $1.7M $1.7M View 990
2014 $8.6M $7.6M $1.9M $1.9M View 990
2013 $7.2M $7.1M $861K $861K View 990
2012 $7.0M $7.1M $772K $772K View 990
2011 $6.9M $6.7M $877K $877K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $12.1M, expenses of $12.3M, and assets of $2.3M (revenue +10.6% year-over-year).
  • 2022: Revenue of $10.9M, expenses of $11.1M, and assets of $2.6M (revenue -2.8% year-over-year).
  • 2021: Revenue of $11.2M, expenses of $10.2M, and assets of $2.1M (revenue +3.6% year-over-year).
  • 2020: Revenue of $10.8M, expenses of $11.7M, and assets of $2.3M (revenue -16.4% year-over-year).
  • 2019: Revenue of $13.0M, expenses of $12.7M, and assets of $3.2M (revenue +7.7% year-over-year).
  • 2018: Revenue of $12.0M, expenses of $11.1M, and assets of $2.9M (revenue +4.0% year-over-year).
  • 2017: Revenue of $11.6M, expenses of $11.1M, and assets of $1.9M (revenue +19.3% year-over-year).
  • 2016: Revenue of $9.7M, expenses of $9.9M, and assets of $1.4M (revenue +6.3% year-over-year).
  • 2015: Revenue of $9.1M, expenses of $9.3M, and assets of $1.7M (revenue +5.8% year-over-year).
  • 2014: Revenue of $8.6M, expenses of $7.6M, and assets of $1.9M (revenue +20.4% year-over-year).
  • 2013: Revenue of $7.2M, expenses of $7.1M, and assets of $861K (revenue +1.9% year-over-year).
  • 2012: Revenue of $7.0M, expenses of $7.1M, and assets of $772K (revenue +1.5% year-over-year).
  • 2011: Revenue of $6.9M, expenses of $6.7M, and assets of $877K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Stony Brook Ophthalmology University Faculty Practice Corp:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Stony Brook Ophthalmology University Faculty Practice Corp 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.

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