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WASHINGTON NATIONAL EYE CENTER FOUNDATION

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Tax-exempt status may be revoked

WASHINGTON NATIONAL EYE CENTER FOUNDATION

EIN 52-1470885 · Health Care (E)

What they do

THE WASHINGTON NATIONAL EYE CENTER FOUNDATIONS MISSION is to PROVIDE FINANCIAL SUPPORT for THE WASHINGTON NATIONAL EYE CENTER, INC., A NON- PROFIT CORPORATION ORGANIZED IN WASHINTON, DC. FOUNDATION RESOURCES ARE DEVOTED PROVIDING HIGH QUALITY MEDICAL CARE, EXCELLENT TRAINING of OPHTHALMOLOGY RESIDENTS and FELLOWS, and SERVICE to THE COMMUNITY.

Before you give

Should I give to this charity?

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Stop and check first

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 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 leaders17 people are listed in the latest report.

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

Money made simple

$51.38spent for every $100 of revenueRevenue covered expenses this year.
51.38%of revenue went to management and office costs100.0% of expenses
$36.36in assets for every $1 spent this yearSome assets cannot be spent right away.

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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.

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$22,431
Mission workProgram services0.00% of revenue0.0% of expenses
ManagementOffice and general costs$11,52551.38% of revenue100.0% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Revenue left after expensesReported annual surplus$10,90648.62% of revenueShown in gray on the chart
Total expenses$11,52551.38% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2024CurrentExpense mix: 0.0% mission · 100.0% management · 0.0% fundraisingTotal expenses: 51.38% of revenue
2023Expense mix: 0.0% mission · 100.0% management · 0.0% fundraisingTotal expenses: 28.04% of revenue
2022Expense mix: 0.0% mission · 100.0% management · 0.0% fundraisingRevenue comparison unavailable
2020Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingRevenue comparison unavailable
2019Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingRevenue comparison unavailable

Money in and money out

Revenue$22,431
Expenses$11,525
Annual surplus $10,906 Revenue was higher than expenses 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.

Management and office costs$11,525 · 100.0% of expenses
See all reported dollar amounts
Revenue$22,431
Expenses$11,525
Assets$419,073
Income$596,506
Management and general$11,525
Stocks and bonds$413,292
Accounting fees$3,580
Investing fees$7,945
People

Leadership and board

Tax year 2024

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 (17)

MAXWELL HELFGOTT MDCHAIRMAN

STACY BANG MDTREASURER

ROSAN CHOI MDAT LARGE

REGINALD SANDERS MDAT LARGE

REGINALD BARNES MDAT LARGE

REENA GARG MDAT LARGE

PENELOPE HELFGOTTSECRETARY

NARIMAN NIK MDAT LARGE

MICHAEL BAUM MDAT LARGE

ANDREW ADELSON MDVICE CHAIRMA

MARIAM MATHAI MDAT LARGE

LINDSAY DAWSON MDAT LARGE

JACQUELYN WEBER MDVICE PRESIDE

FRANK ASHBURN III MDAT LARGE

ERIC FLEISCHER MDAT LARGE

DEBORAH REID MDAT LARGE

ANNA PARK MDPRESIDENT

About this charity

Recognized since
January 1986
Location
110 IRVING STREET NW NO 1A1-10, WASHINGTON, DC 20010-3017
County
District of Columbia
In care of
% PENELOPE HELFGOTT
Primary officer
PENELOPE HELFGOTT, SECRETARY

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
July 1, 2024
Return type
990
Tax preparer
RYAN & WETMORE PC
NTEE classification
Health Care (E)
IRS tax category
Health Care
Revocation date
November 15, 2021

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

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