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
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.
AI Transparency Report
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.
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 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.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 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.
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.