International Academy Of Orthokeratology & Myopia Control
- Assets
- $88.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Yorkville, IL
- Founding
- 09/2016
- Data as of
- 09/2022
- EIN
- 81-2861756
Organization Overview
International Academy Of Orthokeratology & Myopia Control is located in Yorkville, IL. The organization was established in 2016. According to its NTEE Classification (H41) the organization is classified as: Eye Diseases, Blindness & Vision Impairments Research, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Academy Of Orthokeratology & Myopia Control 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 09/2022, International Academy Of Orthokeratology & Myopia Control generated $307.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (55.6%) each year. All expenses for the organization totaled $12.4k during the year ending 09/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
IAOMC IS EXPANDING GLOBALLY WHICH INCLUDES CONTINENTAL SECTIONA AS AMERICA, ASUA, EUROPE AND OCENIA. IT REPRESENTS THE INTERESTS AND SERVS THE NEEDS OF ORTHOKERATOLOGISTS WORLD WIDE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cary Herzberg President | 8 | $0 | |
Khan Vu Director | 2 | $0 | |
Marino Formenti Vice Preside | 8 | $0 | |
Nitesh Barot Secretary | 8 | $0 | |
Paul Levine Treasurer | 8 | $0 | |
Irene Sophia Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $307 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $307 |
| 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 | $1,143 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $11,257 |
| Total expenses | $12,400 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $78,534 |
| Other assets | $0 |
| Total assets | $88,534 |
| Total liabilities | $0 |
| Net assets or fund balances | $88,534 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that International Academy Of Orthokeratology & Myopia Control has recieved totaling $74.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $74 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Christian Ophthalmology Society Inc Paducah, KY | $317,229 | $394,987 |
Retina Research & Development Foundation Saint Louis, MO | $3,068,482 | $101,493 |
Lions Eye Foundation Of District 26-M2 Washington, MO | $1,227,117 | $98,358 |
Madison Central Lions Foundation Inc Fitchburg, WI | $117,418 | $0 |
The Better Vision Foundation Chicago, IL | $16,461 | $0 |
International Academy Of Orthokeratology & Myopia Control Yorkville, IL | $88,534 | $0 |
Missouri Optometric Foundation Inc Bolivar, MO | $1,098,125 | $34,089 |
Chicago Center For Vision Research Ltd Chicago, IL | $126,051 | $0 |
Retina Center Research Fund Chesterfield, MO | $33,963 | $0 |