Overview
What is Houston Eye Associates Foundation?
Houston Eye Associates Foundation is a nonprofit organization situated in Houston, Texas, with a focus on providing essential eye care services to adults and children facing financial difficulties. Committed to preserving and restoring sight, the foundation offers comprehensive surgical and medical eye care, medications, and ancillary services, all free of charge for eligible individuals. Local physicians and ophthalmologists generously donate their time and services, while private donations and medical partnerships cover the costs of glasses, medications, hospital fees, and other ancillary expenses. Moreover, the foundation conducts community and school vision screenings, aiming to identify and address unmet eye care needs.
Official website here: www.foundation.houstoneye.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star rating.
Houston Eye Associates Foundation has received an 81% score, indicating a solid performance in accountability and finance. The rating reflects a strong emphasis on financial health and transparency, with the organization achieving perfect scores in key areas such as independent board member representation and the absence of material asset diversions. The foundation demonstrates a commitment to governance practices, highlighted by the presence of conflict of interest and whistleblower policies.
The foundation's program expense ratio stands at 77.03%, suggesting that a significant portion of its expenses is dedicated directly to its programs, which is a positive indicator of its operational focus. Additionally, the liabilities to assets ratio of 3.00% points to a sound financial structure, ensuring that the organization operates within its means and is not overly burdened by debt.
While the organization shows strengths in governance and financial management, the overall rating could be improved by enhancing other aspects of its operational transparency and effectiveness. Despite this, the current evaluation underscores the Houston Eye Associates Foundation's reliability and commitment to its mission in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Houston Eye Associates Foundation legitimate?
Houston Eye Associates Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Houston Eye Associates Foundation 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: $97,623
Professional Fundraising Fees: $0
Other Salaries and Wages: $153,417
For more financial information, click here
Official website here: www.foundation.houstoneye.com
What is the mission statement of Houston Eye Associates Foundation?
The Houston Eye Associates Foundation is dedicated to preserving and restoring sight for individuals facing financial hardships through comprehensive eye care surgeries, medications, and ancillary services. The organization supports education and research initiatives that benefit the community. It coordinates programs offering no-cost surgeries, medications, eye exams, glasses, and vision screenings, with local physicians and ophthalmologists donating their services. Private donations and medical partnerships enable the foundation to cover various patient expenses, such as glasses, medications, hospital and surgical fees, and ancillary costs. The foundation conducts vision screenings in the community and area schools.
Official website here: www.foundation.houstoneye.com
Who is the CEO of Houston Eye Associates Foundation?
Ellen Efsic is the Executive Director of Houston Eye Associates Foundation.
Official website here: www.foundation.houstoneye.com
What is the revenue of Houston Eye Associates Foundation?
Houston Eye Associates Foundation's revenue in 2022 was $700,719.
Official website here: www.foundation.houstoneye.com
Who are the executives of Houston Eye Associates Foundation and what are their salaries?
The average compensation at Houston Eye Associates Foundation during 2022 was $62,760. There are 4 employees and 106 volunteers at Houston Eye Associates Foundation.
Here are 13 key members and their salaries:
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- Compensation: $97,623
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- Other: $4,973
Official website here: www.foundation.houstoneye.com
Where can I find the form 990 for Houston Eye Associates Foundation?
Houston Eye Associates Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.foundation.houstoneye.com
Learn more at the official website: www.foundation.houstoneye.com
Mission Statement of Houston Eye Associates Foundation
Houston Eye Associates Foundation is dedicated to preserving and restoring sight for individuals experiencing financial hardship. Through comprehensive eye care surgeries, medications, and ancillary services, the organization aims to improve vision for those in need. Additionally, Houston Eye Associates Foundation supports education and research initiatives that benefit the community. They coordinate programs that offer no-cost surgeries, medications, eye exams, glasses, and vision screenings. Local physicians and ophthalmologists donate their time and expertise, while private donations and medical partnerships cover the expenses associated with the provided services. Furthermore, Houston Eye Associates Foundation conducts vision screenings in the community and area schools, ensuring that no one goes without the necessary eye care they require.
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Impact
July, 2024
Houston Eye Associates Foundation's impact is profound, as it provides vital medical and surgical eye care services to adults and children facing financial hardship. By coordinating programs that offer no-cost surgeries, medications, treatment, eye exams, glasses, and vision screenings, the foundation ensures that those in need can access essential eye care services. Through the generous donations of local physicians and ophthalmologists, as well as partnerships with medical providers, the foundation covers expenses such as glasses, medications, hospital and surgical fees, and other ancillary costs for patients. Furthermore, by conducting vision screenings in the community and area schools, the foundation contributes to the overall well-being of the population by identifying and addressing vision issues early on.
This information is meant to be a general summary of Houston Eye Associates Foundation. 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: $74,624
- Gross Receipts: $717,203
Assets and Liabilities:
- Total Assets: $2,887,384
- Total Liabilities: $86,724
- Net Assets: $2,800,660
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Organization Details
Founding Year
1981
Phone
(713) 558-8740Principal Officer
Ellen Efsic
Main Address
7155 OLD KATY ROAD SUITE S110, HOUSTON, TX, 770242270
NTEE Category
Code: Z99 - Unknown
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