Overview
What is The Macula Society?
The Macula Society is a nonprofit organization situated in Pepper Pike, Ohio. Its primary focus is to facilitate research, cooperative studies, data accumulation, and dissemination regarding retinal-vascular and macular diseases. The organization serves approximately 575 members and acts as a platform for exchanging ideas and information among ophthalmologists with a special interest in managing these eye conditions. Additionally, The Macula Society offers sub-specialty educational services for the American Academy of Ophthalmology, contributing to the advancement of studies related to retinal-vascular and macular diseases. The organization currently employs a team of four individuals.
Official website here: www.maculasociety.org
What are the reviews and ratings of this charity?
The Macula Society has received a rating of 80% on Charity Navigator, earning it a Three-Star out of Four Star rating. This rating is based solely on accountability and finance metrics, which are crucial for assessing the fiscal responsibility and operational integrity of nonprofits.
The organization demonstrates strong fiscal health, with a program expense ratio of 75.17%, indicating that a significant portion of its budget is directed toward its mission-related programs. Additionally, it has a commendable working capital ratio of 5.11 years and shows no liabilities, suggesting sound financial management. The board is composed entirely of independent members, reflecting a commitment to governance practices that minimize conflicts of interest.
However, there are notable limitations in the organization's governance policies, specifically the absence of a whistleblower policy and a document retention and destruction policy, both of which are essential for transparency and accountability. Overall, while The Macula Society shows strong financial practices, addressing its governance policy gaps could enhance its operational integrity further.
This AI summary has been generated from information found on Charity Navigator.
Is The Macula Society legitimate?
The Macula Society is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Macula Society 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: $206,560
Professional Fundraising Fees: $0
Other Salaries and Wages: $69,987
For more financial information, click here
Official website here: www.maculasociety.org
What is the mission statement of The Macula Society?
The Macula Society's mission is focused on advancing the understanding of retinal-vascular and macular diseases. To accomplish this, they provide a platform for research, collaborative studies, and the accumulation and dissemination of relevant data and information. The society serves as a forum for exchanging ideas and sharing information among ophthalmologists with a special interest in managing these conditions. Further, they offer sub-specialty educational services for the American Academy of Ophthalmology, aimed at enhancing knowledge and expertise in this field.
Official website here: www.maculasociety.org
Who is the CEO of The Macula Society?
Stacy Singerman is the Chief Operating Officer of The Macula Society.
Official website here: www.maculasociety.org
What is the revenue of The Macula Society?
The Macula Society's revenue in 2022 was $2,020,887.
Official website here: www.maculasociety.org
Who are the executives of The Macula Society and what are their salaries?
The average compensation at The Macula Society during 2022 was $69,137. There are 4 employees and 16 volunteers at The Macula Society.
Here are 17 key members and their salaries:
- Compensation: $184,801
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- Other: $21,759
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Official website here: www.maculasociety.org
Where can I find the form 990 for The Macula Society?
The Macula Society's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.maculasociety.org
Learn more at the official website: www.maculasociety.org
Mission Statement of The Macula Society
The Macula Society, an organization dedicated to its mission, is committed to advancing the study of retinal-vascular and macular diseases. Their primary objective is to serve as a platform for research, cooperative studies, data and information accumulation, and dissemination in the field of retinal-vascular and macular diseases. The society acts as a conduit for exchanging ideas and information among ophthalmologists with a particular interest in managing these diseases. Furthermore, The Macula Society provides sub-specialty educational services for the American Academy of Ophthalmology, contributing to the ongoing professional development of its approximately 575 members.
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Impact
October, 2024
The Macula Society plays a crucial role in advancing research and understanding of retinal-vascular and macular diseases. By serving as a platform for approximately 575 members, the organization fosters collaborative studies and facilitates the accumulation and dissemination of critical data and information within the field. This collaborative environment allows ophthalmologists with a specific interest in retinal health to exchange ideas and insights, enhancing their ability to manage these diseases effectively. Additionally, The Macula Society provides targeted educational services, contributing to the ongoing professional development of its members and supporting the broader objectives of the American Academy of Ophthalmology. Through its initiatives, the society significantly impacts the quality of care for patients with retinal-vascular and macular conditions, driving advancements in treatment and management strategies.
This information is meant to be a general summary of The Macula Society. 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 2022.
- Investment Income: $47,799
- Program Service Revenue: $1,043,664
- Gross Receipts: $2,020,887
Assets and Liabilities:
- Total Assets: $5,266,051
- Total Liabilities: $0
- Net Assets: $5,266,051
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ANNUAL MEETING
Revenue
$1,043,664
Organization Details
Founding Year
1978
Phone
(216) 831-5700Principal Officer
Stacy Singerman
Main Address
3550 Lander Road Suite 250, Pepper Pike, OH, 44124
Website
www.maculasociety.orgNTEE Category
Code: G40 - Disease
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