The Cincinnati Eye Institute Foundation

EIN: 204418334 501(c)(3) Medical Research

Cincinnati, OH

Total Revenue
$959,816
Total Expenses
$942,445
Total Assets
$670,900
Net Assets
$585,857
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
OH
Principal Officer
Amy R Jones
Phone
5138782300
Tax Period
2024-01-01 to 2024-12-31

The Cincinnati Eye Institute Foundation, founded in 2008, is a small nonprofit in the Medical Research sector that reported $960K in total revenue in fiscal year 2024. Revenue surged 58% from the prior year, signaling strong growth momentum.

Mission

The Cincinnati Eye Institute Foundation's (CEIF) Mission is to preserve and improve sight. CEIF provides access to eye care services for the most vulnerable and the underserved in the region. It also advances the education of eye care professionals, it educates the public about vision-related issues, and it funds eye-related research. CEIF has found that the most effective and efficient way to achieve its mission and goals is through the sharing of resources, the exchange of information, and the forging of collaborative partnerships with other community groups, agencies and like-minded individuals. CEIF has come to realize that it takes a community-wide effort to ensure that all individuals living in Greater Cincinnati have access to the eye care they need. This philosophy has led to CEIF's opening free clinics in partnership with other providers in neighborhoods of high poverty and high unemployment.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $929,565
Program Service Revenue $0
Investment Income $12,741
Other Revenue $17,510
TOTAL REVENUE $959,816

Expense Breakdown

Grants Paid $49,600
Salaries & Benefits $618,406
Fundraising Expenses $56,489
Program Expenses $817,868
Other Expenses $274,439
TOTAL EXPENSES $942,445

Year-over-Year Comparison

2024 2023 Change
Revenue $959,816 $608,775 +0.6%
Expenses $942,445 $803,105 +0.2%
Net Income $17,371 $-194,330 -1.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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

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Governance

Voting Members
10
Independent Members
10
Employees
5
Volunteers
10

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
4
$185,120
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Melanie Prevost CPA Vice Chairman & Treasurer 2.00
Officer Director
$0 $0 $0
Hope O'Brien MD Director 2.00
Director
$0 $0 $0
George H Sehi PHD Secretary 2.00
Officer Director
$0 $0 $0
Daniel Geeding PHD Director 2.00
Director
$0 $0 $0
Mona Kerstine Director 2.00
Director
$0 $0 $0
Robert Wassler Director 2.00
Director
$0 $0 $0
Bruce Healey Chairman 2.00
Officer Director
$0 $0 $0
Michael McGraw Director 2.00
Director
$0 $0 $0
Susan Emerson Director 2.00
Director
$0 $0 $0
Bill Cloppert Director 2.00
Director
$0 $0 $0
Amy Jones President & CEO 40.00
Officer
$7,000 $44,129 $185,120
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 $959,816 $942,445 $670,900 $17,371
2023 $608,775 $803,105 $692,128 $-194,330
2022 $547,303 $543,061 $853,324 $4,242
2021 $513,575 $461,778 $816,396 $51,797
2020 $434,610 $389,950 $748,135 $44,660
2019 $295,429 $414,063 $748,619 $-118,634
2018 $485,186 $459,111 $858,643 $26,075
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