Wills Eye Alumni Society
EIN: 810737759 · Philadelphia, PA · NTEE: E19
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $727K |
| Net Assets | $7.3M |
Is Wills Eye Alumni Society Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Wills Eye Alumni Society
Wills Eye Alumni Society (EIN: 810737759) is a nonprofit organization based in Philadelphia, PA, classified under NTEE code E19. The organization reported total revenue of $1.1M and total assets of $8.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wills Eye Alumni Society's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wills Eye Alumni Society is a mid-size nonprofit that has been operating for 10 years, with 8 years of IRS 990 filings on record (2016–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $941K |
| Total Expenses | $727K |
| Surplus / Deficit | +$214K |
| Total Assets | $7.3M |
| Net Assets | $7.3M |
| Operating Margin | 22.7% |
| Months of Reserves | 119.8 months |
Financial Health Grade: A
In 2023, Wills Eye Alumni Society reported a surplus of $214K with revenue exceeding expenses, holds 119.8 months of operating reserves (strong position).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +104.6% | +51.6% | +15.5% |
| 2022 | -18.0% | -0.7% | -18.5% |
| 2021 | +18.6% | +5.5% | +7.1% |
| 2020 | -11.9% | -26.4% | +11.8% |
| 2019 | -2.1% | -26.1% | +15.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Wills Eye Alumni Society 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 Wills Eye Alumni Society 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 $214K, with revenue exceeding expenses.
Frequently Asked Questions about Wills Eye Alumni Society
Is Wills Eye Alumni Society a legitimate charity?
Wills Eye Alumni Society (EIN: 810737759) is a registered tax-exempt nonprofit based in Pennsylvania. It has 8 years of IRS 990 filings on record. Total revenue: $1.1M. No red flags identified. Financial health grade: A.
How does Wills Eye Alumni Society spend its money?
Wills Eye Alumni Society reported $1.1M in total revenue in IRS 990 filings. 8 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Wills Eye Alumni Society tax-deductible?
Wills Eye Alumni Society is registered as a tax-exempt nonprofit (EIN: 810737759). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Wills Eye Alumni Society located?
Wills Eye Alumni Society is headquartered in Philadelphia, Pennsylvania and files with the IRS under EIN 810737759. It is classified under NTEE code E19.
How many years of IRS 990 filings does Wills Eye Alumni Society have?
Wills Eye Alumni Society has 8 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 $1.1M in total revenue.
Filing History
IRS 990 filing history for Wills Eye Alumni Society showing financial trends over 8 years of public records:
Total assets increased by 23.1% over the same period, from $5.9M to $7.3M. In its most recent filing year (2023), Wills Eye Alumni Society reported a surplus of $214K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $941K | $727K | $7.3M | $0 | — | — |
| 2022 | $460K | $480K | $6.3M | $0 | — | View 990 |
| 2021 | $561K | $483K | $7.7M | $0 | — | View 990 |
| 2020 | $473K | $458K | $7.2M | $0 | — | View 990 |
| 2019 | $536K | $622K | $6.4M | $0 | — | View 990 |
| 2018 | $548K | $842K | $5.6M | $0 | — | View 990 |
| 2017 | $1.5M | $705K | $6.4M | $0 | — | — |
| 2016 | $0 | $0 | $5.9M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $941K, expenses of $727K, and assets of $7.3M (revenue +104.6% year-over-year).
- 2022: Revenue of $460K, expenses of $480K, and assets of $6.3M (revenue -18.0% year-over-year).
- 2021: Revenue of $561K, expenses of $483K, and assets of $7.7M (revenue +18.6% year-over-year).
- 2020: Revenue of $473K, expenses of $458K, and assets of $7.2M (revenue -11.9% year-over-year).
- 2019: Revenue of $536K, expenses of $622K, and assets of $6.4M (revenue -2.1% year-over-year).
- 2018: Revenue of $548K, expenses of $842K, and assets of $5.6M (revenue -63.8% year-over-year).
- 2017: Revenue of $1.5M, expenses of $705K, and assets of $6.4M.
- 2016: Revenue of $0, expenses of $0, and assets of $5.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wills Eye Alumni Society:
Data Sources and Methodology
This transparency report for Wills Eye Alumni Society 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.