Civic Intelligence

Ophthalmicedge Inc.

990 • Fiscal year 2017 • EIN 47-5340986

Jan 01, 2017 to Dec 31, 2017 • Filed on May 04, 2018

Organization ProfileWWW.OPHTHALMICEDGE.ORG
116 East 66th Street Apt 10ENew York, NY 10065-6547

(212) 861-9797

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

67th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • NTEE H • <$500k nonprofits • Source year 2017

Liabilities / Revenue

66th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • NTEE H • <$500k nonprofits • Source year 2017

Net Margin

84th percentile

35%

Higher net margin than 84% of similar nonprofits.

2017 filings • NTEE H • <$500k nonprofits • Source year 2017

Top Officer Pay

86th percentile

$0

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • NTEE H • <$500k nonprofits • Source year 2017

Asset Growth

75th percentile

21%

Faster asset growth than 75% of similar nonprofits.

2017 filings • NTEE H • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

17th percentile

-51%

Faster revenue growth than 17% of similar nonprofits.

2017 filings • NTEE H • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets67th percentile

Assets

Up

$182,011

Up $31,969 (+21%) from 2016

Net Assets

Up

$182,011

Up $31,969 (+21%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue And Expenses
Liabilities / Revenue66th percentileNet Margin84th percentile

Revenue

Down

$90,223

Down $94,777 (-51%) from 2016

Expenses

Up

$58,254

Up $23,296 (+67%) from 2016

Net Income

Down

$31,969

Down $118,073 (-79%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth75th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$300K$200K$100K$0Assets 2015: $1Liabilities 2015: $02015Assets 2016: $150,042Liabilities 2016: $0Net Assets 2016: $150,0422016Assets 2017: $182,011Liabilities 2017: $0Net Assets 2017: $182,0112017Assets 2018: $199,589Liabilities 2018: $0Net Assets 2018: $199,5892018Assets 2019: $202,432Liabilities 2019: $0Net Assets 2019: $202,4322019Assets 2020: $201,378Liabilities 2020: $0Net Assets 2020: $201,3782020Assets 2021: $227,604Liabilities 2021: $0Net Assets 2021: $227,6042021Assets 2022: $197,167Liabilities 2022: $0Net Assets 2022: $197,1672022Assets 2023: $212,963Liabilities 2023: $0Net Assets 2023: $212,9632023Assets 2024: $221,553Liabilities 2024: $0Net Assets 2024: $221,5532024

Highlighted filing

2017

Assets$182,011
Liabilities$0
Net Assets$182,011
Open 2017 Filing

Operations Trend

Revenue Growth17th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200K$100K$0-$100KRevenue 2015: $0Expenses 2015: $0Net Income 2015: $02015Revenue 2016: $185,000Expenses 2016: $34,958Net Income 2016: $150,0422016Revenue 2017: $90,223Expenses 2017: $58,254Net Income 2017: $31,9692017Revenue 2018: $92,325Expenses 2018: $74,747Net Income 2018: $17,5782018Revenue 2019: $77,626Expenses 2019: $74,783Net Income 2019: $2,8432019Revenue 2020: $122,476Expenses 2020: $123,530Net Income 2020: -$1,0542020Revenue 2021: $145,347Expenses 2021: $119,121Net Income 2021: $26,2262021Revenue 2022: $82,208Expenses 2022: $112,645Net Income 2022: -$30,4372022Revenue 2023: $115,203Expenses 2023: $99,407Net Income 2023: $15,7962023Revenue 2024: $101,150Expenses 2024: $92,560Net Income 2024: $8,5902024

Highlighted filing

2017

Revenue$90,223
Expenses$58,254
Net Income$31,969
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 4, 2018
Return Version
2017v2.3
Gross Receipts
$90,223
Mission and Program Overview

Mission

Keeping an educational edge for ophthalmic professionals and visually impaired patients.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$150,042$182,011▲ $31,969
Total Assets$150,042$182,011▲ $31,969
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$150,042$182,011▲ $31,969
Total Net Assets Fund Balance$150,042$182,011▲ $31,969
Total Liabilities and Net Assets / Fund Balance$150,042$182,011▲ $31,969
Compensation and Service Providers
Top Officer Pay86th percentile

Board Members and Trustees

NameTitle
Yale FisherPresident
Harry FlynnDirector
Jason SlakterDirector
Michael EngelbertSecretary
John SorensonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$90,223
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$90,223
Change in Net Assets
$31,969
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$58,254
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$46,770--$46,770
Office Expenses$6,621--$6,621
Fees for Services Accounting$3,750--$3,750
Insurance$1,113--$1,113
Total Functional Expenses$58,254$0$0$58,254
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 7A

“YALE FISHER”

Form 990, Page 6, Part VI, Line 11B

“Form 990 is sent to the board of directors to review prior to filing. If there are any questions or changes, the board of directors let the cpa know. If no changes, the board of directors tell cpa to file.”

Form 990, Page 6, Part VI, Line 19

“Part vi, section c, line 19: 1) governing documents: available from new york state secretary of state, and available upon request from organization's treasurer; 2) conflict of interest policy - none; 3) financial statements: not required under the support rules on new york state”

Filing and Contact Details

Filer

Filer Name
Ophthalmicedge Inc
EIN
47-5340986
Address
116 EAST 66TH STREET APT 10E, NEW YORK, NY 10065-6547

Signing Officer

Name
Yale Fisher
Title
President
Signed
2018-05-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Yale Fisher
Formed
2015
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
1

Preparer

Firm
Moses & Schreiber Llp
Address
ONE HUNTINGTON QUADRANGLE SUITE 4S0, MELVILLE, NY 11747
Preparer
Gregory S Rom
Phone
5163527700
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Outside services 46,770 0 0”

Raw XML Appendix262 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/BooksInCareOfDetail/PersonNm0YALE FISHER
IRS990/BooksInCareOfDetail/PhoneNum02128619797
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IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
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IRS990/Form990PartVIISectionAGrp/PersonNm1MICHAEL ENGELBERT
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02015
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
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IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt090223
IRS990/GroupReturnForAffiliatesInd0false
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IRS990/IndependentVotingMemberCnt05
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
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IRS990/InsuranceGrp/ProgramServicesAmt01113
IRS990/InsuranceGrp/TotalAmt01113
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
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IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0150042
IRS990/NetAssetsOrFundBalancesEOYAmt0182011
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ProgramServicesAmt06621
IRS990/OfficeExpensesGrp/TotalAmt06621
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
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IRS990/ProfessionalFundraisingInd0false
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IRS990/QuidProQuoContributionsInd0false
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IRS990/ReconcilationRevenueExpnssAmt031969
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
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IRS990/ReportLandBuildingEquipmentInd0false
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IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/First5Years509Ind0X
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IRS990/ScheduleBRequiredInd0true
IRS990/ScheduleJRequiredInd0false
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0YALE FISHER
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS SENT TO THE BOARD OF DIRECTORS TO REVIEW PRIOR TO FILING. IF THERE ARE ANY QUESTIONS OR CHANGES, THE BOARD OF DIRECTORS LET THE CPA KNOW. IF NO CHANGES, THE BOARD OF DIRECTORS TELL CPA TO FILE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PART VI, SECTION C, LINE 19: 1) GOVERNING DOCUMENTS: AVAILABLE FROM NEW YORK STATE SECRETARY OF STATE, AND AVAILABLE UPON REQUEST FROM ORGANIZATION'S TREASURER; 2) CONFLICT OF INTEREST POLICY - NONE; 3) FINANCIAL STATEMENTS: NOT REQUIRED UNDER THE SUPPORT RULES ON NEW YORK STATE
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ReturnHeader/Filer/EIN0475340986
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ReturnHeader/FilingSecurityInformation/IPTm008:48:01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0131971216
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MELVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011747
ReturnHeader/PreparerPersonGrp/PhoneNum05163527700
ReturnHeader/PreparerPersonGrp/PreparationDt02018-05-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GREGORY S ROM
ReturnHeader/ReturnTs02018-05-10T08:48:01-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$182,011
Liabilities
$0
Net assets
$182,011
Revenue
$90,223
Expenses
$58,254
Net income
$31,969
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.22$0.00$2.22$1.01$0.93$0.09
2023Detailed filing. Detailed filing data is available for this year.$2.13$0.00$2.13$1.15$0.99$0.16
2022Detailed filing. Detailed filing data is available for this year.$1.97$0.00$1.97$0.82$1.13$0.30
2021Detailed filing. Detailed filing data is available for this year.$2.28$0.00$2.28$1.45$1.19$0.26
2020Detailed filing. Detailed filing data is available for this year.$2.01$0.00$2.01$1.22$1.24$0.01
2019Detailed filing. Detailed filing data is available for this year.$2.02$0.00$2.02$0.78$0.75$0.03
2018Detailed filing. Detailed filing data is available for this year.$2.00$0.00$2.00$0.92$0.75$0.18
2017Detailed filing. Detailed filing data is available for this year.$1.82$0.00$1.82$0.90$0.58$0.32
2016Detailed filing. Detailed filing data is available for this year.$1.50$0.00$1.50$1.85$0.35$1.50
2015Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00