Civic Intelligence

The Optometric Glaucoma Society

990 • Fiscal year 2017 • EIN 55-0794410

Jan 01, 2017 to Dec 31, 2017 • Filed on May 10, 2018

Organization ProfileN/A
3241 S Michigan AvenueChicago, IL 60616

(215) 780-1280

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

56th percentile

0.00x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

19th percentile

-14%

Higher net margin than 19% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

33rd percentile

-6.2%

Faster asset growth than 33% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

38th percentile

-6.6%

Faster revenue growth than 38% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets56th percentile

Assets

Down

$366,470

Down $24,052 (-6.2%) from 2016

Net Assets

Down

$366,470

Down $24,052 (-6.2%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin19th percentile

Revenue

Down

$169,102

Down $12,024 (-6.6%) from 2016

Expenses

Up

$193,154

Up $75,268 (+64%) from 2016

Net Income

Down

-$24,052

Down $87,292 (-138%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth33rd percentile

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

$600K$400K$200K$0Assets 2010: $207,322Liabilities 2010: $0Net Assets 2010: $207,3222010Assets 2011: $260,147Liabilities 2011: $0Net Assets 2011: $260,1472011Assets 2012: $294,892Liabilities 2012: $0Net Assets 2012: $294,8922012Assets 2013: $289,433Liabilities 2013: $0Net Assets 2013: $289,4332013Assets 2014: $0Liabilities 2014: $0Net Assets 2014: $02014Assets 2015: $327,283Liabilities 2015: $0Net Assets 2015: $327,2832015Assets 2016: $390,522Liabilities 2016: $0Net Assets 2016: $390,5222016Assets 2017: $366,470Liabilities 2017: $0Net Assets 2017: $366,4702017Assets 2018: $438,463Liabilities 2018: $0Net Assets 2018: $438,4632018Assets 2019: $374,737Liabilities 2019: $13,498Net Assets 2019: $361,2392019Assets 2020: $342,411Liabilities 2020: $0Net Assets 2020: $342,4112020Assets 2021: $295,760Liabilities 2021: $4,536Net Assets 2021: $291,2242021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022Assets 2023: $204,514Liabilities 2023: $4,406Net Assets 2023: $200,1082023Assets 2024: $170,346Liabilities 2024: $8,297Net Assets 2024: $162,0492024Assets 2025: $123,363Liabilities 2025: $1,019Net Assets 2025: $122,3442025

Highlighted filing

2017

Assets$366,470
Liabilities$0
Net Assets$366,470
Open 2017 Filing

Operations Trend

Revenue Growth38th percentile

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

$300K$200K$100K$0-$100KExpenses 2010: $244,2172010Expenses 2011: $102,0502011Expenses 2012: $89,4442012Revenue 2013: $114,498Expenses 2013: $119,957Net Income 2013: -$5,4592013Revenue 2014: $141,024Expenses 2014: $106,679Net Income 2014: $34,3452014Revenue 2015: $124,832Expenses 2015: $121,328Net Income 2015: $3,5042015Revenue 2016: $181,126Expenses 2016: $117,886Net Income 2016: $63,2402016Revenue 2017: $169,102Expenses 2017: $193,154Net Income 2017: -$24,0522017Revenue 2018: $250,921Expenses 2018: $178,927Net Income 2018: $71,9942018Revenue 2019: $164,144Expenses 2019: $241,367Net Income 2019: -$77,2232019Revenue 2020: $32,836Expenses 2020: $51,664Net Income 2020: -$18,8282020Revenue 2021: $141,814Expenses 2021: $193,002Net Income 2021: -$51,1882021Revenue 2022: $183,055Expenses 2022: $248,428Net Income 2022: -$65,3732022Revenue 2023: $204,526Expenses 2023: $224,814Net Income 2023: -$20,2882023Revenue 2024: $205,852Expenses 2024: $243,911Net Income 2024: -$38,0592024Revenue 2025: $224,894Expenses 2025: $264,598Net Income 2025: -$39,7042025

Highlighted filing

2017

Revenue$169,102
Expenses$193,154
Net Income-$24,052
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 10, 2018
Return Version
2017v2.2
Gross Receipts
$169,102
Mission and Program Overview

Mission

Promoting excellence in the care of glaucoma patients through professional education and scientific investigation.

Educational and scientific research in the field of glaucoma

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$390,522$366,470▼ $24,052
Rtn Earn Endowment Incm Other Fnds$390,522$366,470▼ $24,052
Total Assets$390,522$366,470▼ $24,052
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$390,522$366,470▼ $24,052
Total Liabilities and Net Assets / Fund Balance$390,522$366,470▼ $24,052
Compensation and Service Providers
Top Officer Pay76th percentile

Board Members and Trustees

NameTitle
Michael ChaglasianPresident
Ben GaddieExecutive Vice President
Richard MadonnaVice President
Danica MarrelliSecretary
Eric SchmidtTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$126,320
Program Service Revenue
$42,592
Investment Income
$190
Other Revenue
$0
All Other Contributions
$126,320
Change in Net Assets
$-24,052
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$193,154
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
Conferences and Meetings$117,254$0$0$117,254
Other Expenses$0$30,070$0$30,070
Travel$11,039$0$0$11,039
Fees for Services Legal$0$4,633$0$4,633
All Other Expenses$0$4,364$0$4,364
Fees for Services Accounting$0$1,775$0$1,775
Total Functional Expenses$152,268$40,886$0$193,154
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
Yes
Audit committee
Yes
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
Yes
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
The Optometric Glaucoma Society
EIN
55-0794410
Phone
2157801280
Address
3241 S MICHIGAN AVENUE, CHICAGO, IL 60616

Signing Officer

Name
Michael Chaglasian
Title
Treasurer
Phone
2157801280
Signed
2018-05-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Chaglasian
Formed
2002
Legal Domicile
Il
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
30

Preparer

Firm
Cotton Reid & Hardin CPA
Address
340 E MAPLE AVE SUITE 303, LANGHORNE, PA 19047
Preparer
Thomas J Cotton CPA
Phone
2157505508
Supplemental Narrative

Additional Explanations

Pt VI, Line 6

“The members of the organization are all equal voting members.”

Pt VI, Line 7A

“All members have equal voting rights to elect members of the governing body (board of directors).”

Pt VI, Line 7B

“All significant decisions of the board of directors must be approved by the organization's members.”

Pt VI, Line 11B

“The return is reviewed and approved by its members.”

Form 990, Part IX, Line 24E

“Dues & Subscriptions 3082. 0. 3082. 0.”

Form 990, Part IX, Line 24E

“Website 1194. 0. 1194. 0.”

Form 990, Part IX, Line 24E

“Filing Fees 65. 0. 65. 0.”

Form 990, Part IX, Line 24E

“Postage 23. 0. 23. 0.”

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

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IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt042782
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0169102
IRS990/TotalVolunteersCnt030
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IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0366470
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IRS990/TravelGrp/FundraisingAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt00
IRS990/TravelGrp/ProgramServicesAmt011039
IRS990/TravelGrp/TotalAmt011039
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ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-10
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ReturnHeader/FilingSecurityInformation/IPTm012:52:44
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ReturnHeader/PreparerPersonGrp/PreparationDt02018-10-02
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0THOMAS J COTTON CPA
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ReturnHeader/ReturnTs02018-10-02T12:53:01-07:00
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ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$366,470
Liabilities
$0
Net assets
$366,470
Revenue
$169,102
Expenses
$193,154
Net income
-$24,052
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.23$0.01$1.22$2.25$2.65$0.40
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.70$0.08$1.62$2.06$2.44$0.38
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.05$0.04$2.00$2.05$2.25$0.20
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.00$0.00$1.83$2.48$0.65
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.96$0.05$2.91$1.42$1.93$0.51
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.42$0.00$3.42$0.33$0.52$0.19
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.75$0.13$3.61$1.64$2.41$0.77
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.38$0.00$4.38$2.51$1.79$0.72
2017Detailed filing. Detailed filing data is available for this year.$3.66$0.00$3.66$1.69$1.93$0.24
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.91$0.00$3.91$1.81$1.18$0.63
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.27$0.00$3.27$1.25$1.21$0.04
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$0.00$0.00$1.41$1.07$0.34
2013Detailed filing. Detailed filing data is available for this year.$2.89$0.00$2.89$1.14$1.20$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.95$0.00$2.95$0.89
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.60$0.00$2.60$1.02
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.07$0.00$2.07$2.44