INDO-AMERICAN EYE CARE SOCIETY INC (EIN 133358601) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1986

Legal Domicile

Principal Officer

A BOGHANI

Phone

5852420124

Tax Period

2023-01-01 to 2023-12-31

INDO-AMERICAN EYE CARE SOCIETY INC, founded in 1986, is a small nonprofit in the Diseases & Disorders sector that reported $633K in total revenue in fiscal year 2023. The organization ran a surplus of $128K, a strong 20% operating margin.

Mission

TO PROMOTE (1) FREE AND AFFORDABLE EYE CARE AND (2)TRAINING AND RESEARCH IN OPTOMETRY AND OPTHALMOLOGY AT HYDERABAD EYE INSTITUTE, HYDERABAD, INDIA AND ITS AFFILIATES

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $392,025

Program Service Revenue $0

Investment Income $240,837

Other Revenue $0

TOTAL REVENUE $632,862

Expense Breakdown

Grants Paid $414,032

Salaries & Benefits $69,000

Fundraising Expenses $0

Program Expenses $505,085

Other Expenses $22,053

TOTAL EXPENSES $505,085

Year-over-Year Comparison

	2023	2022	Change
Revenue	$632,862	$646,148	0.0%
Expenses	$505,085	$602,301	-0.2%
Net Income	$127,777	$43,847	+1.9%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ASHISH BOGHANI	PRESIDENT	4.00	Director	$0	$0	$0
GN RAO	VICE PRESIDENT	2.00	Director	$0	$0	$0
DR G RAO KODALI	SECRETARY/TREASURER	2.00	Director	$0	$0	$0
VAIDYA GULAPALLI	TRUSTEE	1.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$632,862	$505,085	$9,309,915	$127,777
2022	$646,148	$602,301	$8,204,725	$43,847
2021	$2,062,447	$632,541	$9,903,886	$1,429,906
2020	$613,441	$496,757	$8,473,980	$116,684
2019	$677,975	$291,981	$8,357,296	$385,994
2018	$499,386	$604,165	$6,688,419	$-104,779

INDO-AMERICAN EYE CARE SOCIETY INC