The Glaucoma Education & Research Fund Inc
Nonprofit profile at a glance
- EIN
- 261849106
- IRS 990-EZ coverage
- 2008–2024
- Forms available
- Form 990 2014, Form 990-EZ 2024
- Location
- New York, NY, USA
- Phone
- 2126925534
- Rating
- 87
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Eye Diseases, Blindness & Vision Impairments Research
Reported finances
- Revenue
- $45,034
- Expenses
- $54,503
- Assets
- $156,717
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- GREGORY K HARMON M D (PRESIDENT & TREASURER)
People named in this filing
- GREGORY K HARMON M D (PRESIDENT & TREASURER)
- JAY HOFFMAN (SECRETARY)
- BARBARA HEARST (BOARD MEMBER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide funding for a fellowship program which will enable qualified medical doctors who have completed three years of a residency program to learn and be trained in the field of ophthalmology.
What it reported doing in 2024
Solicit contributions and raise funds which will then be used to support the fellows as they are educated and trained in the medical specialty of glaucoma and the treatment of cataracts.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 73% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 85
- Transparency & Controls: 100
- Sustainability: 47
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 91.2%; rating input score 91
- Program expense ratio: 75.3%; rating input score 75
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -21%; rating input score 22; 22nd percentile among comparable filings
- Total-asset coverage ratio: 2.88; rating input score 74; 74th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 8.2% per year; rating input score 100; 69th percentile among comparable filings
- Revenue growth: -6.9% per year; rating input score 0; 30th percentile among comparable filings
- Asset growth: -0.2% per year; rating input score 0; 37th percentile among comparable filings
Details
- Where the money goes: 91.2% of revenue deployed · 75.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $41K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 11 filing years from 2008 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 22/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.