Overview
What is Southern College Of Optometry?
The Southern College of Optometry is a Memphis, Tennessee-based institution, with a USAddress at 1245 Madison Ave, ZIP code 38104. As a nonprofit organization, it runs a School of Optometry and an accompanying Clinic, focusing on the educational process and student training. Its mission is to cultivate top-tier healthcare providers by providing a robust education, encouraging lifelong learning, and instilling a commitment to serving others. With a workforce of 393 employees, the Southern College of Optometry is dedicated to leading the profession in vision care and advancing the field through its students and clinics.
Official website here: www.sco.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75% (Three-Star out of Four Stars)
The Southern College of Optometry has received a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance. With a high score of 90% in Accountability & Finance, the organization demonstrates strong governance practices, such as 100% independent board members and comprehensive financial oversight. Their commitment to transparency is evident through documented policies on conflict of interest, whistleblower protections, and asset management.
However, their Program Expense Ratio is notably low at 50.78%, indicating that less than half of their expenses are directed toward program services. This can raise questions about how effectively they utilize their funds in relation to their mission. Despite this, their Leadership & Adaptability score is exceptional at 100%, showcasing their strength in leadership development and mission mobilization.
Overall, while the Southern College of Optometry excels in governance and adaptability, potential donors and stakeholders may wish to explore how the organization plans to improve its program service funding in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Southern College Of Optometry legitimate?
Southern College Of Optometry is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southern College Of Optometry 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: $588,637
Professional Fundraising Fees: $0
Other Salaries and Wages: $16,213,755
For more financial information, click here
Official website here: www.sco.edu
What is the mission statement of Southern College Of Optometry?
Southern College of Optometry is dedicated to leading the optometry profession by instilling knowledge in top-notch healthcare providers. Through rigorous education, the institution encourages continuous learning and fosters a strong sense of service. The organization's primary focus includes operating a School of Optometry and Clinic, where students undergo training to become skilled professionals. The mission encompasses equipping graduates with the expertise to make a significant impact on their patients' lives and the field of optometry.
Official website here: www.sco.edu
Who is the CEO of Southern College Of Optometry?
David West is the Member of Southern College Of Optometry.
Official website here: www.sco.edu
What is the revenue of Southern College Of Optometry?
Southern College Of Optometry's revenue in 2023 was $29,709,045.
Official website here: www.sco.edu
Who are the executives of Southern College Of Optometry and what are their salaries?
The average compensation at Southern College Of Optometry during 2023 was $42,754. There are 393 employees at Southern College Of Optometry.
Here are 24 key members and their salaries:
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- Compensation: $166,651
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- Other: $45,992
Official website here: www.sco.edu
Where can I find the form 990 for Southern College Of Optometry?
Southern College Of Optometry's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.sco.edu
Learn more at the official website: www.sco.edu
Mission Statement of Southern College Of Optometry
Southern College of Optometry, a leading educational institution, is dedicated to shaping the future of optometric care by educating top-tier healthcare providers. The organization's mission is threefold: to foster a personal commitment to service, promote lifelong learning, and lead the profession in optometry.
In practice, Southern College of Optometry nurtures the next generation of optometrists through its rigorous educational process and student training. The organization operates a School of Optometry and Clinic, providing an ideal learning environment where students gain hands-on experience under the guidance of experienced professionals. This comprehensive educational approach, combined with a strong focus on continuous learning, ensures that Southern College of Optometry graduates are well-prepared to make a positive impact on their patients' lives.
Moreover, Southern College of Optometry goes beyond the classroom to instill a deep sense of service in its students. By fostering a personal commitment to service, the organization prepares its graduates to care for patients with the utmost dedication and expertise. This commitment, in turn, allows them to make a significant difference in their communities and contribute to the advancement of the optometric profession.
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Impact
October, 2024
Southern College of Optometry plays a vital role in shaping the future of eye care through its comprehensive education and training programs. By operating a School of Optometry and a dedicated clinic, the institution equips students with the necessary skills and knowledge to become proficient healthcare providers in the field of optometry.
The college focuses on fostering a culture of lifelong learning and instills a strong commitment to service in its students. This mission ensures that graduates are not only well-prepared academically but are also dedicated to improving community health and enhancing patient care. Located in Memphis, Tennessee, Southern College of Optometry serves as a key player in advancing eye care education and practice, ultimately benefiting both the profession and the communities it serves.
This information is meant to be a general summary of Southern College Of Optometry. 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: $1,039,509
- Program Service Revenue: $26,504,400
- Gross Receipts: $30,979,916
Assets and Liabilities:
- Total Assets: $92,618,288
- Total Liabilities: $18,757,393
- Net Assets: $73,860,895
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tuition and Fees
Revenue
$18,591,361
Educational Dept
Revenue
$7,834,547
Student Loan Interest Revenue
Revenue
$78,492
Organization Details
Founding Year
1932
Phone
(901) 722-3200Principal Officer
David West
Main Address
1245 Madison Ave, Memphis, TN, 38104
Website
www.sco.eduNTEE Category
Code: B500 - Education
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