Civic Intelligence

Ophthalmicedge Inc.

990 • Fiscal year 2019 • EIN 47-5340986

Jan 01, 2019 to Dec 31, 2019 • Filed on May 15, 2020

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

65th percentile

0.00x

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

2019 filings • NTEE H • <$500k nonprofits • Source year 2019

Liabilities / Revenue

65th percentile

0.00x

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

2019 filings • NTEE H • <$500k nonprofits • Source year 2019

Net Margin

45th percentile

3.7%

Higher net margin than 45% of similar nonprofits.

2019 filings • NTEE H • <$500k nonprofits • Source year 2019

Top Officer Pay

90th percentile

$0

Higher top officer pay than 90% of similar nonprofits.

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

2019 filings • NTEE H • <$500k nonprofits • Source year 2019

Asset Growth

48th percentile

1.4%

Faster asset growth than 48% of similar nonprofits.

2019 filings • NTEE H • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

31st percentile

-16%

Faster revenue growth than 31% of similar nonprofits.

2019 filings • NTEE H • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets65th percentile

Assets

Up

$202,432

Up $2,843 (+1.4%) from 2018

Net Assets

Up

$202,432

Up $2,843 (+1.4%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue And Expenses
Liabilities / Revenue65th percentileNet Margin45th percentile

Revenue

Down

$77,626

Down $14,699 (-16%) from 2018

Expenses

Up

$74,783

Up $36 (+0.0%) from 2018

Net Income

Down

$2,843

Down $14,735 (-84%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth48th 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

2019

Assets$202,432
Liabilities$0
Net Assets$202,432
Open 2019 Filing

Operations Trend

Revenue Growth31st 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

2019

Revenue$77,626
Expenses$74,783
Net Income$2,843
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
May 15, 2020
Return Version
2019v5.0
Gross Receipts
$77,626
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$199,589$202,432▲ $2,843
Total Assets$199,589$202,432▲ $2,843
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$199,589$202,432▲ $2,843
Total Net Assets Fund Balance$199,589$202,432▲ $2,843
Total Liabilities and Net Assets / Fund Balance$199,589$202,432▲ $2,843
Compensation and Service Providers
Top Officer Pay90th percentile

Board Members and Trustees

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

Revenue Composition

Contributions and Grants
$77,615
Program Service Revenue
$0
Investment Income
$11
Other Revenue
$0
All Other Contributions
$77,615
Change in Net Assets
$2,843
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$74,783
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$70,300--$70,300
Fees for Services Accounting$2,750--$2,750
Insurance$1,169--$1,169
Office Expenses$564--$564
Total Functional Expenses$74,783$0$0$74,783
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 35% controlled entity
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
2020-05-15
Discuss with paid preparer
Yes

Organization Details

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

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 70,300 0 0”

Raw XML Appendix283 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
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0116 EAST 66TH STREET APT 10E
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr02015
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IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToIndividualsInd0false
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IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt077626
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IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
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IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt011
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LoanOutstandingInd0false
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IRS990/LocalChaptersInd0false
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IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
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IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0199589
IRS990/NetAssetsOrFundBalancesEOYAmt0202432
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0199589
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IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ProgramServicesAmt0564
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IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0YALE FISHER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt092323
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IRS990/PYInvestmentIncomeAmt02
IRS990/PYOtherExpensesAmt074747
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IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt02843
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
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IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
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IRS990ScheduleA/First5Years509Ind0X
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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/IPDt02020-05-19
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ReturnHeader/FilingSecurityInformation/IPTm011:18:11
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0131971216
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MELVILLE
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011747
ReturnHeader/PreparerPersonGrp/PhoneNum05163527700
ReturnHeader/PreparerPersonGrp/PreparationDt02020-05-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GREGORY S ROM
ReturnHeader/ReturnTs02020-05-19T11:18:11-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$202,432
Liabilities
$0
Net assets
$202,432
Revenue
$77,626
Expenses
$74,783
Net income
$2,843
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