Overview
What is Children's Hospital Ophthalmology Foundation Inc?
Children's Hospital Ophthalmology Foundation Inc is a Boston, Massachusetts-based nonprofit organization with a team of 21 employees. Their primary focus is on delivering ophthalmology services to patients at Boston Children's Hospital and satellite locations, ensuring both charitable and scientific purposes are upheld. The Foundation may charge for patient care, medical services, and related products, with any net income dedicated to their mission. They offer care to patients regardless of their financial capabilities and provide essential hospital and community-based services that are otherwise limited in the area. The Foundation also conducts research and education in the field of ophthalmology to advance medical knowledge.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Stars)
The Children's Hospital Ophthalmology Foundation Inc has received a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. The overall score is derived exclusively from its Accountability & Finance metrics, where it achieved a score of 79. This suggests the organization is effectively managing its finances and maintains a good level of transparency.
Strengths of the foundation include a perfect score in financial oversight, demonstrating that it adheres to high standards for audit and oversight, conflict of interest policies, and whistleblower protections. The organization also allocates a significant portion of its budget, 88.21%, directly to program expenses, reflecting a strong commitment to its mission and initiatives.
While the foundation performs well in various metrics, the overall score indicates some room for improvement. The single beacon score reflects a need for more diverse evaluation criteria, which could provide potential donors and stakeholders with a broader understanding of the organization's effectiveness beyond financials.
This AI summary has been generated from information found on Charity Navigator.
Is Children's Hospital Ophthalmology Foundation Inc legitimate?
Children's Hospital Ophthalmology Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Children's Hospital Ophthalmology Foundation 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: $7,812,943
Professional Fundraising Fees: $0
Other Salaries and Wages: $13,485,063
For more financial information, click here
What is the mission statement of Children's Hospital Ophthalmology Foundation Inc?
The Children's Hospital Ophthalmology Foundation Inc is dedicated to delivering ophthalmology services primarily to patients, both at the hospital and satellite locations. The organization's mission extends beyond direct patient care, as it also conducts and supports research and education in the field of ophthalmology. The Foundation ensures access to essential services for patients, regardless of their financial capacity, and offers subsidized care for those with limited community resources. By carrying out these activities, the Children's Hospital Ophthalmology Foundation Inc plays a vital role in advancing the understanding and treatment of eye-related conditions.
What is the revenue of Children's Hospital Ophthalmology Foundation Inc?
Children's Hospital Ophthalmology Foundation Inc's revenue in 2023 was $32,666,505.
Who are the executives of Children's Hospital Ophthalmology Foundation Inc and what are their salaries?
The average compensation at Children's Hospital Ophthalmology Foundation Inc during 2023 was $1,014,191. There are 21 employees at Children's Hospital Ophthalmology Foundation Inc.
Here are 21 key members and their salaries:
- Compensation: $1,083,103
- Related: $0
- Other: $121,778
- Compensation: $738,734
- Related: $0
- Other: $113,944
- Compensation: $627,542
- Related: $0
- Other: $125,253
- Compensation: $635,794
- Related: $0
- Other: $96,658
- Compensation: $513,040
- Related: $0
- Other: $132,406
- Compensation: $532,441
- Related: $0
- Other: $105,693
- Compensation: $609,170
- Related: $0
- Other: $120,342
- Compensation: $353,697
- Related: $0
- Other: $121,055
- Compensation: $511,337
- Related: $0
- Other: $69,482
- Compensation: $405,385
- Related: $0
- Other: $123,324
- Compensation: $327,385
- Related: $0
- Other: $94,668
- Compensation: $485,471
- Related: $0
- Other: $122,775
- Compensation: $202,822
- Related: $0
- Other: $111,806
- Compensation: $384,184
- Related: $0
- Other: $130,239
- Compensation: $353,674
- Related: $0
- Other: $120,394
- Compensation: $253,639
- Related: $0
- Other: $104,298
- Compensation: $350,057
- Related: $0
- Other: $127,821
- Compensation: $157,398
- Related: $0
- Other: $97,125
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $361,152
- Other: $1,294
- Compensation: $160,629
- Related: $0
- Other: $58,032
Where can I find the form 990 for Children's Hospital Ophthalmology Foundation Inc?
Children's Hospital Ophthalmology Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Children's Hospital Ophthalmology Foundation Inc
Children's Hospital Ophthalmology Foundation Inc is a dedicated organization that is committed to delivering ophthalmology services primarily to patients at Boston Children's Hospital and its satellite locations. The Foundation's mission extends beyond just providing healthcare; it also advocates for and promotes research and education in the field of ophthalmology.
In practice, the Foundation ensures that patients, regardless of their ability to pay, have access to essential ophthalmology services. Additionally, it subsidizes hospital and community-based services that are limited in availability outside of the Foundation's reach. By doing so, the Children's Hospital Ophthalmology Foundation Inc makes a significant impact in improving the lives of those in need of its expertise.
The organization's dedication to research and education in ophthalmology is evident through its mission. It carries on this mission by supporting and promoting advancements in the medical field, contributing to the betterment of diagnoses, treatments, and ultimately, the quality of life for those who require ophthalmology services. In summary, the Children's Hospital Ophthalmology Foundation Inc is a vital nonprofit organization that provides crucial ophthalmology services and advocates for research and education, ensuring that patients, regardless of their circumstances, receive the care they need.
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Impact
October, 2024
Children's Hospital Ophthalmology Foundation Inc significantly enhances access to vital eye care services for children, primarily at Boston Children's Hospital and its satellite locations. By offering comprehensive ophthalmology services, the Foundation ensures that pediatric patients receive specialized care essential for their well-being. Importantly, the Foundation is committed to serving all patients, regardless of their financial situation, which alleviates barriers to essential medical care.
In addition to direct patient services, the Foundation plays a crucial role in advancing medical research and education in the field of ophthalmology. This commitment not only improves current treatment practices but also fosters innovation in eye care, ultimately benefiting future generations of patients. By subsidizing hospital and community-based services that may be insufficient in the local area, the Foundation addresses critical gaps in pediatric eye care, ensuring more children receive the attention they need.
Through its multifaceted approach, Children's Hospital Ophthalmology Foundation Inc is making a profound impact on the health of children, promoting both immediate care and long-term advancements in eye health.
This information is meant to be a general summary of Children's Hospital Ophthalmology Foundation 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: $889,350
- Program Service Revenue: $30,525,851
- Gross Receipts: $33,038,412
Assets and Liabilities:
- Total Assets: $63,874,660
- Total Liabilities: $16,965,870
- Net Assets: $46,908,790
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Patient service revenue
Revenue
$29,237,311
Clinical and other revenue
Revenue
$890,060
Education and research
Revenue
$398,480
Organization Details
Founding Year
2003
Principal Officer
David G Hunter Md Phd
NTEE Category
Code: E30 - Health
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