Overview
What is Tear Film Ocular Surface Society Inc?
Tear Film Ocular Surface Society Inc, located at 53 State Street, Boston, MA 02109, is a nonprofit organization with a team of three dedicated individuals. Their primary focus is to promote a better understanding of the tear film and ocular surface through international conferences, workshops, and seminars. By doing so, they aim to advance research, literacy, and education in this scientific field. Their mission is to contribute significantly to the scientific community by fostering growth in the study of the tear film and ocular surface.
Official website here: www.tearfilm.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement - Overall score: 73%, earning a Two-Star out of Four Star rating.
The Tear Film Ocular Surface Society Inc has received a Two-Star rating from Charity Navigator, indicating some areas that require enhancement. With a score of 73%, the organization shows strengths in its accountability and finance measures, particularly with an independent board consisting of 83% independent members and a solid audit of financial statements. However, the organization is lacking in critical governance policies, such as a whistleblower policy and a document retention policy, which detracts from its overall rating.
While the organization has a high program expense ratio of 81.01%, demonstrating a commitment to its mission-driven activities, it faces significant financial concerns with a liabilities to assets ratio exceeding 100%. This suggests potential risks in financial stability that need to be addressed. Additionally, the missing tax form on the nonprofit's website raises transparency issues that could affect stakeholder trust.
Overall, while the organization has established a strong programmatic focus and responsible financial oversight in certain areas, it is essential for the Tear Film Ocular Surface Society Inc to improve its governance policies and address its financial ratios to enhance its standing and effectiveness in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Tear Film Ocular Surface Society Inc legitimate?
Tear Film Ocular Surface Society Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tear Film Ocular Surface Society Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $278,300
For more financial information, click here
Official website here: www.tearfilm.org
What is the mission statement of Tear Film Ocular Surface Society Inc?
The Tear Film Ocular Surface Society Inc is committed to advancing the scientific field of the tear film and ocular surface. Their mission encompasses promoting research, literacy, and education in this area. They achieve this goal by organizing international conferences, workshops, and seminars, aiming to enhance the understanding of the tear film and ocular surface. By doing so, the society contributes to the overall development and progress in this specific field.
Official website here: www.tearfilm.org
Who is the CEO of Tear Film Ocular Surface Society Inc?
David A Sullivan Phd is the Director of Tear Film Ocular Surface Society Inc.
Official website here: www.tearfilm.org
What is the revenue of Tear Film Ocular Surface Society Inc?
Tear Film Ocular Surface Society Inc's revenue in 2023 was $661,167.
Official website here: www.tearfilm.org
Who are the executives of Tear Film Ocular Surface Society Inc and what are their salaries?
The average compensation at Tear Film Ocular Surface Society Inc during 2023 was $92,767. There are 3 employees at Tear Film Ocular Surface Society Inc.
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- Related: $200,000
- Other: $12,221
Official website here: www.tearfilm.org
Where can I find the form 990 for Tear Film Ocular Surface Society Inc?
Tear Film Ocular Surface Society Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.tearfilm.org
Learn more at the official website: www.tearfilm.org
Mission Statement of Tear Film Ocular Surface Society Inc
Tear Film Ocular Surface Society Inc, a renowned organization, is committed to advancing the research, literacy, and educational aspects of the scientific field related to the tear film and ocular surface. Their primary mission is to foster a deeper understanding of these subjects, aiming to contribute significantly to this field. They accomplish this mission by sponsoring international conferences, workshops, and seminars. These events provide a platform for researchers, professionals, and enthusiasts to share their findings, exchange ideas, and learn from each other, ultimately contributing to the collective knowledge and progress in this field. By promoting better understanding of the tear film and ocular surface, Tear Film Ocular Surface Society Inc plays a vital role in advancing scientific discourse and driving innovation in this sector.
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Impact
July, 2024
Tear Film Ocular Surface Society Inc has a significant impact on advancing the research, literacy, and educational aspects of the scientific field of the tear film and ocular surface. By sponsoring international conferences, workshops, and seminars, the society promotes a better understanding of these crucial areas in the medical research field. Their work helps to enhance knowledge, foster collaboration, and drive progress in the study of the tear film and ocular surface, ultimately benefiting patients and professionals in the medical community.
This information is meant to be a general summary of Tear Film Ocular Surface Society Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $9
- Gross Receipts: $661,167
Assets and Liabilities:
- Total Assets: $53,417
- Total Liabilities: $56,468
- Net Assets: -$3,051
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Organization Details
Founding Year
2000
Phone
(617) 571-5990Principal Officer
David A Sullivan Phd
Main Address
53 STATE STREET 500, BOSTON, MA, 02109
Website
www.tearfilm.orgNTEE Category
Code: H41 - Medical research
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