Educational Foundation In Ophthalmic Optics
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 0 | 3,991 | −3,991 | 729.5 | — |
| 2014 | 0 | 45,176 | −45,176 | 52.4 | — |
| 2015 | 100,000 | 197,058 | −97,058 | 6.1 | — |
| 2016 | 110,000 | 203,940 | −93,940 | 0.4 | — |
| 2017 | 85,000 | 90,907 | −5,907 | 0.1 | — |
| 2018 | 5,000 | 3,956 | 1,044 | 4.8 | — |
| 2019 | 2,605 | 2,487 | 118 | 8.2 | — |
| 2020 | 0 | 0 | 0 | — | — |
| 2021 | 0 | 0 | 0 | — | — |
| 2022 | 0 | 0 | 0 | — | — |
| 2023 | 20,619 | 20,619 | 0 | 1.0 | — |
In its most recent public year (2023), this organization brought in $0 more than it spent. Its reserves stood at about 1 months of spending, down from 729.5 in 2013.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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