Foundation Of The Minnesota Academy Of Ophthalmology is located in Stillwater, MN. The organization was established in 1999. According to its NTEE Classification (E12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundation Of The Minnesota Academy Of Ophthalmology is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Foundation Of The Minnesota Academy Of Ophthalmology generated $7.6k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 11.3% each year . All expenses for the organization totaled $7.7k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
TO PROMOTE AND ADMINISTER CHARITABLE ACTIVITIES RELATED TO THE FIELD OF OPHTHALMOLOGY.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kris Wallerich Executive Director | 5 | $0 | |
Nataliya Danylkova MD Chairman | 0.25 | $0 | |
Timothy Olsen MD Vice Chairman | 0.25 | $0 | |
Anne Abel MD Secretary | 0.25 | $0 | |
Amanda Maltry MD Chief Financial Officer | 0.25 | $0 | |
John Chen MD PHD Board Member | 0.25 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,750 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $4,806 |
| Total Revenue | $7,556 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,103 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $6,578 |
| Total expenses | $7,681 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $58,030 |
| Other assets | $0 |
| Total assets | $58,030 |
| Total liabilities | $0 |
| Net assets or fund balances | $58,030 |