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Clear Vision Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 814686467 ✦ Eugene, OR ✦ Designated as a 501(c)(3)

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Overview

What is Clear Vision Foundation?

The Clear Vision Foundation is a nonprofit organization committed to promoting eye care. Their activities encompass supporting eye research, training ophthalmologists, and providing humanitarian aid in this field. The foundation's mission is multifaceted, aiming to advance eye health through various means, including scientific research and practical training for medical professionals. Their humanitarian efforts also extend beyond borders, demonstrating a global commitment to improving vision and eye health.


Official website here: www.clearvisionfoundation.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 69%, Two-Star out of Four Star rating.

The Clear Vision Foundation has received a 69% rating from Charity Navigator, indicating a moderate level of accountability and financial health. The organization scores well in areas such as having a majority independent board and a strong program expense ratio, which reflects a commitment to its mission. However, the absence of key policies such as a conflict of interest, whistleblower, and document retention policies raises concerns about governance practices.

While the foundation demonstrates a high program expense ratio of 99.11%, suggesting that nearly all its funds are directed towards its programs, the lack of transparency in certain areas could deter potential donors. Additionally, the missing tax form on its website and other governance policies signifies a need for improvement in financial transparency and accountability measures.

In summary, while Clear Vision Foundation exhibits strengths in program spending and board independence, it faces significant challenges that could impact its overall effectiveness and trustworthiness. Enhancing its governance policies and ensuring transparency are crucial steps for improvement.


This AI summary has been generated from information found on Charity Navigator.

Is Clear Vision Foundation legitimate?

Clear Vision Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Clear Vision 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $279,007

For more financial information, click here


Official website here: www.clearvisionfoundation.com

What is the mission statement of Clear Vision Foundation?

The Clear Vision Foundation is dedicated to promoting eye care, encompassing several key areas. This involves supporting eye research, training ophthalmologists, and providing humanitarian care. The foundation's mission is to contribute to the advancement of eye health through research, equipping medical professionals, and offering aid in underserved communities.


Official website here: www.clearvisionfoundation.com

Who is the CEO of Clear Vision Foundation?

Balamurali Ambati is the Doctor of Clear Vision Foundation.


Official website here: www.clearvisionfoundation.com

What is the revenue of Clear Vision Foundation?

Clear Vision Foundation's revenue in 2022 was $892,700.


Official website here: www.clearvisionfoundation.com

Who are the executives of Clear Vision Foundation and what are their salaries?

The average compensation at Clear Vision Foundation during 2022 was $93,002. There are 3 employees and 6 volunteers at Clear Vision Foundation.


Here are 4 key members and their salaries:


Eric J Niespodzany (Doctor)
  • Compensation: $124,150
  • Related: $0
  • Other: $27,820
Kakarla V Chalam (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
D Hunter Cherwek (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Balamurali Ambati (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.clearvisionfoundation.com

Where can I find the form 990 for Clear Vision Foundation?

Clear Vision Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.clearvisionfoundation.com

Learn more at the official website: www.clearvisionfoundation.com

Mission Statement of Clear Vision Foundation

The Clear Vision Foundation is committed to promoting eye care on various fronts. Its mission encompasses three key areas: supporting eye research, training ophthalmology, and providing humanitarian care. By investing in eye research, the foundation aims to uncover new insights and advancements in the field of ophthalmology. Additionally, the Clear Vision Foundation plays a vital role in training ophthalmologists, ensuring that the next generation of eye care professionals is well-equipped to tackle the challenges in the field. Furthermore, the foundation extends its reach to humanitarian causes, providing essential eye care services to those in need. By combining these three elements, the Clear Vision Foundation is dedicated to improving vision and eye health worldwide.

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Impact




July, 2024

Clear Vision Foundation has a significant impact in the field of eye care. They support eye research, train ophthalmology professionals, and provide humanitarian care to those in need. Their work in Eugene, Oregon, focuses on improving vision health, treating eye diseases, and promoting eye care education. Through their efforts, Clear Vision Foundation is making a difference in the lives of many by ensuring better eye health for individuals and communities.




This information is meant to be a general summary of Clear Vision 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.

Revenue
$892,700 (2022)
Expenses
$605,717 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $4
  • Program Service Revenue: $346,357
  • Gross Receipts: $892,700

Assets and Liabilities:

  • Total Assets: $497,965
  • Total Liabilities: $150,823
  • Net Assets: $347,142

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

EYE SERVICES

Revenue

$290,743

EDUCATION

Revenue

$55,614

Organization Details

Founding Year

2019

Principal Officer

Balamurali Ambati

Main Address

1125 DARLENE AVE STE 200, EUGENE, OR, 974011601

NTEE Category

Code: G41 - Disease

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