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CHATTANOOGA OPHTHALMOLOGICAL FOUNDATION

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Public IRS 990 nonprofit record

CHATTANOOGA OPHTHALMOLOGICAL FOUNDATION

EIN 23-7038515 · Graduate & Professional Schools (B50)

What they do

CHATTANOOGA OPHTHALMOLOGICAL FOUNDATION .

Before you give

Should I give to this charity?

Easy charity check
We do not have enough spending detail

Basic public information is available, but it is not enough to judge how well donations are used. Ask the charity for a current spending breakdown and results.

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 checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

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

They name their leaders8 people are listed in the latest report.

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

Money made simple

$12.91spent for every $100 of revenueRevenue covered expenses this year.
$18.64in assets for every $1 spent this yearSome assets cannot be spent right away.

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  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $1,000 for MOLLY R SEAL MD (FORMER PRESIDENT). Compare pay with organizations of similar size and complexity.

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Money

Financial picture

Tax year 2024

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.

Money in and money out

Revenue$2,321,153
Expenses$299,706
Annual surplus $2,021,447 Revenue was higher than expenses for this filing year.
See all reported dollar amounts
Revenue$2,321,153
Expenses$299,706
Assets$5,585,199
Income$7,317,673
Grants given$1,620,744
Average grant$50,648
Executive compensation (total)$12,000
Stocks and bonds$5,451,820
Accounting fees$10,711
People

Leadership and board

Tax year 2024

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

People reported as paid

Person and titleCompensation
MOLLY R SEAL MDFORMER PRESIDENT · 1 hrs/week $1,000

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (8)

MOLLY R SEAL MDFORMER PRESIDENT

CHARLES A KIRBY MDDIRECTOR

DR STEVE M THOMASPRESIDENT AND DIRECTOR

JAMES L CATANZAROSECRETARY/TREASURER

JOHN CALEB HILDEBRAND MDDIRECTOR

PATRICK J BOWERS JR MDDIRECTOR

RICHARD I BREAZEALE MDDIRECTOR

THOMAS M REYNOLDS MDDIRECTOR

About this charity

Recognized since
January 1969
Location
605 CHESTNUT STREET 1700, CHATTANOOGA, TN 37450
County
Hamilton
In care of
DR STEVE M THOMAS
Primary officer
DR STEVE M THOMAS, PRESIDENT

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990PF
Tax preparer
JOHNSON MURPHEY & WRIGHT PC
NTEE classification
Graduate & Professional Schools (B50)
IRS tax category
Graduate & Professional Schools
Grant-giving organization
Yes

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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