American Academy of Ophthalmology Inc

Nonprofit profile at a glance

EIN
411336784
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
San Francisco, CA, USA
Phone
4155618500
Rating confidence
Limited

Official website

Reported finances

Revenue
$68,284,674
Expenses
$66,532,291
Assets
$149,455,237
Liabilities
$34,319,580

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

43 people listed

Executive titles in this filing

  • JANE C EDMOND MD (PRESIDENT (2024) / PAST PRES. (2025))
  • MICHAEL X REPKA MD MBA (PRESIDENT-ELECT (2024) / PRES (2025))
  • DANIEL J BRICELAND MD (PAST PRESIDENT THRU 12/2024)
  • STEPHEN D MCLEOD MD (EXEC VP / CEO / TREAS & SECRETARY)

Highest reported compensation

  • STEPHEN D MCLEOD MD (EXEC VP / CEO / TREAS & SECRETARY): $1,231,054 total reported compensation
  • LAWRENCE MENDENHALL (COO / CFO / CHIEF LEGAL & RISK OFF): $700,733 total reported compensation
  • DALE E FAJARDO EDD MBA (VP, EDUCATION): $453,912 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of the american academy of ophthalmology is to protect sight and empower lives by serving as an advocate for patients and the public, leading ophthalmic education, supporting research, and advancing the profession of ophthalmology.

What it reported doing in 2024

The american academy of ophthalmology, with a global community of 32,000, is the largest trade organization in the world for ophthalmologists. We are eye physicians and surgeons, dedicated to protecting sight and empowering lives. As the leader in ophthalmic education, the academy offers a wealth of materials to support our physicians in every aspect of practice - including the online ophthalmic news and education (one) network, practice management tools, the innovative iris registry (intelligent research in sight), and eye health resources for patients and the public. We produce the largest annual ophthalmic convention in the world, which for the 2024 annual meeting (held in-person october 18 - october 21 in chicago, il) brought together domestic physicians, international physicians, other health professionals, exhibitors, and guests to share the latest advances and technology in ophthalmic medicine. We relentlessly advocate for the highest quality eye care, representing ophthalmologists and their patients before the government and other organizations that influence eye care policy.

Operating model

Revenue model
Other-operating. 75% of the money available for current operations came from other operating revenue.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 74
  • Accountability: 72
  • Sustainability: 49
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 90%; rating input score 90; 4th percentile among comparable filings
  • Pay-setting controls: 4 of 6 controls in place; rating input score 67
    • Compensation committee: Pass
    • Independent consultant: Pass
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Scored; rating input score 0
  • Grant itemization coverage: 99%; rating input score 99; 37th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 52.2%; rating input score 52; 14th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 2.6%; rating input score 46; 46th percentile among comparable filings
  • Total-asset coverage ratio: 2.25; rating input score 67; 67th percentile among comparable filings
  • Liabilities to assets ratio: 0.23; rating input score 65; 65th percentile among comparable filings
  • Officer compensation ratio: 10.4%; rating input score 3; 3rd percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 1.7% per year; rating input score 100; 12th percentile among comparable filings
  • Asset growth: 8.6% per year; rating input score 100; 63rd percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 12 of 23 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $1.2M · 43 people listed · 4 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $4.7M reported
  • Consistency: 12 of 13 current checks pass · 1 finding to review
  • Schedules: 8 filed schedules · includes major donors, foreign activity, grants, executive pay, and related organizations
  • Filing history: 15 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 50 filed money-flow records
  • Related organizations: 26 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Accountability: Independent voting board scored 52/100.
  • High — Transparency & Controls: Foreign activity oversight scored 0/100.
  • Moderate — Sustainability: Operating margin scored 46/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • High — Sustainability: Officer compensation ratio scored 3/100.