Overview
What is Cornea Research Foundation Of America Inc?
The Cornea Research Foundation of America Inc., located in Indianapolis, Indiana, is a nonprofit organization dedicated to advancing medical research and education in the field of ophthalmology, with a specific focus on corneal and refractive surgery. Their efforts have led to the publication of several peer-reviewed articles and book chapters, highlighting innovative treatments for vision problems. The foundation has also presented their findings at various national and international eye conferences, showcasing their significant contributions to the field. With a modest workforce of five individuals, the Cornea Research Foundation of America Inc. continues its mission to promote and fund education and research in ophthalmology, aiming to improve vision and eye health.
Official website here: www.cornea.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star rating. The Cornea Research Foundation of America Inc has achieved an impressive score, reflecting strong accountability and financial health. With a perfect score in various categories, the foundation demonstrates robust governance practices, such as having a majority independent board and established conflict of interest and whistleblower policies.
The organization's financial transparency is commendable, with a high program expense ratio of 86.13%, indicating that a significant portion of its funding is directed towards its mission rather than administrative costs. Furthermore, the foundation has a very low liabilities to assets ratio of 0.80%, which suggests strong financial stability.
However, while the foundation’s financial performance and governance are exemplary, the summary does not provide insight into the specific impact or outcomes of its programs. This could be an area for potential improvement in terms of communicating its mission effectiveness to stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Cornea Research Foundation Of America Inc legitimate?
Cornea Research Foundation Of America Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cornea Research Foundation Of America 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: $96,408
Professional Fundraising Fees: $0
Other Salaries and Wages: $171,878
For more financial information, click here
Official website here: www.cornea.org
What is the mission statement of Cornea Research Foundation Of America Inc?
The Cornea Research Foundation of America Inc. is committed to promoting and funding medical education and research in the field of ophthalmology, with a focus on corneal and refractive surgery. Its mission is to advance knowledge in this area through various research studies, leading to the publication of peer-reviewed articles and book chapters on new treatments for vision problems. Additionally, the foundation presents its findings at national and international eye meetings. The organization's primary goal is to contribute to the medical community by fostering advancements in the field of vision.
Official website here: www.cornea.org
Who is the CEO of Cornea Research Foundation Of America Inc?
Francis W Price Jr Md is the President of Cornea Research Foundation Of America Inc.
Official website here: www.cornea.org
What is the revenue of Cornea Research Foundation Of America Inc?
Cornea Research Foundation Of America Inc's revenue in 2022 was $1,137,490.
Official website here: www.cornea.org
Who are the executives of Cornea Research Foundation Of America Inc and what are their salaries?
The average compensation at Cornea Research Foundation Of America Inc during 2022 was $53,657. There are 5 employees and 15 volunteers at Cornea Research Foundation Of America Inc.
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- Compensation: $90,208
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- Other: $3,608
Official website here: www.cornea.org
Where can I find the form 990 for Cornea Research Foundation Of America Inc?
Cornea Research Foundation Of America Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cornea.org
Learn more at the official website: www.cornea.org
Mission Statement of Cornea Research Foundation Of America Inc
The Cornea Research Foundation of America, Inc., is dedicated to advancing medical education and research in the field of ophthalmology, with a specific focus on corneal and refractive surgery. Formed with the goal of promoting these areas, the organization seeks to fund and support studies that contribute to the development of new treatments for vision problems. Their efforts have resulted in the publication of several peer-reviewed articles and book chapters, as well as presentations at national and international eye meetings. The Cornea Research Foundation of America, Inc., is committed to driving innovation and improvement in vision care through its research studies and educational programs.
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Impact
October, 2024
The Cornea Research Foundation of America, Inc. significantly advances the field of ophthalmology through its dedicated research and educational programs focused on vision. Its impactful studies have led to the publication of five peer-reviewed articles and book chapters that explore new treatments for various vision problems. Additionally, the Foundation has been active in knowledge dissemination, contributing to 24 presentations at national and international eye meetings, which enhances collaboration and shares critical findings with the global medical community. By promoting and funding medical education and research, particularly in corneal and refractive surgery, the Foundation plays a vital role in improving patient outcomes and shaping future advancements in eye care.
This information is meant to be a general summary of Cornea Research Foundation Of America 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 2022.
- Investment Income: $32,559
- Program Service Revenue: $229,020
- Gross Receipts: $1,990,971
Assets and Liabilities:
- Total Assets: $2,067,010
- Total Liabilities: $6,034
- Net Assets: $2,060,976
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESEARCH STUDY INCOME
Revenue
$202,850
SEMINAR INCOME
Revenue
$26,170
Organization Details
Founding Year
1988
Phone
(317) 814-2993Principal Officer
Francis W Price Jr Md
Main Address
9002 N MERIDIAN STREET 212, INDIANAPOLIS, IN, 46260
Website
www.cornea.orgNTEE Category
Code: H90 - Medical research
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