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Eye Corps Inc

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

EIN: 814995582 ✦ Dallas, TX ✦ Designated as a 501(c)(3)

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Overview

What is Eye Corps Inc?

Eye Corps Inc, established as a 501(c)(3) nonprofit corporation in Texas, is committed to combating blindness caused by cataracts. The organization utilizes donations to organize and establish cataract surgery camps and centers outside the United States, providing indigent populations with surgical procedures at no cost. Eye Corps aims to enhance the surgical knowledge of local doctors and nurses, equipping them with up-to-date tools and supplies to offer essential medical assistance to their communities. Based in Dallas, Texas, Eye Corps' mission is to make a significant impact on global health by eliminating preventable blindness, thus improving the quality of life for countless individuals.


Official website here: www.eyecorps.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (71%)

Eye Corps Inc has received a two-star rating from Charity Navigator, indicating that while it demonstrates some strengths, there are significant areas needing improvement. The organization has a solid program expense ratio of 72.11%, which reflects a good allocation of funds towards its mission. Additionally, it shows strong performance in areas like culture and community, scoring 95, and utilizing feedback effectively, achieving a perfect score in feedback collection and usage.

However, the organization faces challenges in governance and transparency, highlighted by the absence of a whistleblower policy and a document retention and destruction policy, both resulting in low scores in those categories. Additionally, while the majority of the board members are independent, the overall board size is small, which may impact the diversity of perspectives in decision-making. The nonprofit's financial health is a concern with a liabilities to assets ratio of 4.36%, suggesting financial risks.

Despite its notable achievements in engagement and feedback practices, Eye Corps Inc must address its governance shortcomings and financial management to enhance accountability and improve overall ratings. Strengthening these areas could promote greater trust and effectiveness in its mission.


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

Is Eye Corps Inc legitimate?

Eye Corps Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Eye Corps 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: $355,326
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.eyecorps.org

What is the mission statement of Eye Corps Inc?

Eye Corps Inc, a non-profit organization, is committed to eliminating blindness caused by cataracts. They achieve this by utilizing donations to organize and establish cataract camps and surgical centers abroad, offering free cataract surgeries to indigent populations. Their goal is not only to improve the surgical skills of local doctors and nurses but also to provide them with up-to-date equipment, supplies, and financial support. This enables these healthcare professionals to offer essential medical assistance to their local communities.


Official website here: www.eyecorps.org

Who is the CEO of Eye Corps Inc?

Susan Macdonald is the Director of Eye Corps Inc.


Official website here: www.eyecorps.org

What is the revenue of Eye Corps Inc?

Eye Corps Inc's revenue in 2022 was $677,800.


Official website here: www.eyecorps.org

Who are the executives of Eye Corps Inc and what are their salaries?

The average compensation at Eye Corps Inc during 2022 was $177,663. There are 2 employees and 5 volunteers at Eye Corps Inc.


Here are 4 key members and their salaries:


James E Sowell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven E Smathers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan M Macdonald (President)
  • Compensation: $314,659
  • Related: $0
  • Other: $0
Stephanie Nowacek (Treasurer & Secretary)
  • Compensation: $40,667
  • Related: $0
  • Other: $0


Official website here: www.eyecorps.org

Where can I find the form 990 for Eye Corps Inc?

Eye Corps Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.eyecorps.org

Learn more at the official website: www.eyecorps.org

Mission Statement of Eye Corps Inc

Eye Corps Inc, a 501(c)(3) non-profit organization, is committed to eliminating blindness caused by cataracts globally. The mission of this esteemed organization is twofold: firstly, it utilizes donations to organize and establish cataract camps and surgical centers outside the United States. These facilities serve indigent populations, offering free cataract surgeries to improve their vision. Secondly, Eye Corps Inc aims to enhance the surgical skills of local doctors and nurses by providing them with up-to-date equipment, supplies, and necessary financial support. This empowerment allows these medical professionals to continue offering necessary medical assistance to their communities, thereby contributing to the betterment of local health services.

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Impact




July, 2024

Eye Corps Inc's impact is profound in its mission to eliminate blindness due to cataracts. By establishing cataract surgery centers in Tanzania, training local doctors and nurses to perform surgeries, and organizing surgical camps, Eye Corps is actively combating this preventable cause of blindness. Through their efforts, they provide vital medical assistance to indigent populations, helping to restore sight and improve the lives of those in need. Eye Corps' dedication to advancing medical knowledge and providing essential resources demonstrates their commitment to making a lasting impact on communities affected by cataracts.




This information is meant to be a general summary of Eye Corps 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.

Revenue
$677,800 (2022)
Expenses
$741,385 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $677,800

Assets and Liabilities:

  • Total Assets: $342,139
  • Total Liabilities: $14,942
  • Net Assets: $327,197

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Organization Details

Founding Year

2016

Principal Officer

Susan Macdonald

Main Address

1601 ELM STREET 3500, DALLAS, TX, 75201

NTEE Category

Code: G41 - Disease

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