GLAUCOMA SERVICE FOUNDATION TOPREVENT BLINDNESS Charity Report

Tax-exempt status may be revoked

GLAUCOMA SERVICE FOUNDATION TOPREVENT BLINDNESS

EIN 23-2106693

What they do

THE MISSION of THE ORGANIZATION is to ENCOURAGE and SUPPORT RESEARCH INTO ALL FIELDS RELATED to EYE DISEASES, STIMULATE EDUCATION IN THIS FIELD, and to SUPPORT EDUCATIONAL INSTITUTIONS, AGENCIES and ORGANIZATIONS DEALING WITH EYE DISEASES.

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This record may have an IRS status problem. Do not give until you verify it.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkThere may be a problem with its nonprofit status. Check before giving.

Money report from 2016The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders11 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

89.11%of revenue went to mission work71.7% of expenses · Program services

20.35%of revenue went to fundraising16.4% of expenses

$124.25spent for every $100 of revenueSpending was higher than revenue this year.

14.79%of revenue went to management and office costs11.9% of expenses

$0.48in assets for every $1 spent this yearSome assets cannot be spent right away.

100.0%of its money came from giftsOther money may come from services or investments.

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Worth asking: Expenses exceeded revenue by $50,642 this year. Ask whether that was planned or caused by a one-time event.

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Money

Financial picture

Tax year 2016

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$208,843

Mission workProgram services$186,10189.11% of revenue71.7% of expenses

ManagementOffice and general costs$30,87914.79% of revenue11.9% of expenses

FundraisingAsking for donations$42,50520.35% of revenue16.4% of expenses

Total expenses$259,485124.25% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Money in and money out

Revenue$208,843

Expenses$259,485

Annual shortfall $50,642 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$186,101 · 71.7% of expenses

Management and office costs$30,879 · 11.9% of expenses

Fundraising$42,505 · 16.4% of expenses

See all reported dollar amounts

Revenue$208,843

Expenses$259,485

Assets$124,597

Contributions$208,812

Mission work (program services)$186,101

Fundraising$42,505

Management and general$30,879

Accounting fees$4,500

People

Leadership and board

Tax year 2016

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (11)

JEREMIAH J WHITE JRTRUSTEE

DR CHARLES TRESSLERTRUSTEE

DR GEORGE SPAETHDIR MED RES

DR LEONARD ROSENFELDVICE PRESIDE

GEORGE STRIMELTRUSTEE

IRVIN SCHORSCH IIITRUSTEE

JESSE LEVYTRUSTEE

KENNETH WONGTRUSTEE

MAXINE COLM EDDPRESIDENT

RICHARD SMOOTTRUSTEE

SUSAN SCHNEIDERTRUSTEE

About this charity

Location: 840 WALNUT STREET, PHILADELPHIA, PA 191075109
County: Philadelphia
In care of: CRAIG J FIRESTONE CPA MBA

How to reach them

WebsiteVisit the charity’s website Phone(215) 928-3190

Filing and classification

Latest tax year: 2016
Tax period began: January 1, 2016
Tax preparer: FIRESTONE AND COMPANY LLC
Revocation date: May 15, 2020