ADVANCED CENTER FOR EYECARE (EIN 273257780) - 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

Principal Officer

ANDREW KAO MD

Phone

6612151006

Tax Period

2021-01-01 to 2021-12-31

ADVANCED CENTER FOR EYECARE is a small nonprofit in the Health Care sector that reported $275K in total revenue in fiscal year 2021. Revenue surged 78% from the prior year, signaling strong growth momentum. The organization ran a surplus of $107K, a strong 39% operating margin.

Mission

THE PRIMARY PURPOSE OF THE ORGANIZATION IS TO OFFER HIGH QUALITY EYECARE SERVICES TO THE UNDERSERVED LOCAL POPULATION WHILE ADVANCING THE SCIENCE OF EYECARE ALONG WITH ATTRACTING PREMIER EYECARE PROVIDERS TO THE KERN COUNTY AREA.

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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 (2021)

Revenue Breakdown

Contributions & Grants $244,868

Program Service Revenue $30,180

Investment Income $15

Other Revenue $5

TOTAL REVENUE $275,068

Expense Breakdown

Grants Paid $0

Salaries & Benefits $14,718

Fundraising Expenses $0

Program Expenses $156,739

Other Expenses $153,405

TOTAL EXPENSES $168,123

Year-over-Year Comparison

	2021	2020	Change
Revenue	$275,068	$154,944	+0.8%
Expenses	$168,123	$186,851	-0.1%
Net Income	$106,945	$-31,907	-4.4%

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

Volunteers

N/A

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

$13,269

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JUSTIN L CAVE	EXECUTIVE DI	15.00	Director	$13,269	$0	$13,269
STEPHANIE BOUEY	DIRECTOR	1.00	Director	$0	$0	$0
ALESSANDRO CASTELLARIN MD	DIRECTOR	1.00	Director	$0	$0	$0
ANDREW KAO MD	CHIEF MED. O	N/A	Officer Director	$0	$0	$0
JIM WREN	DIRECTOR	1.00	Director	$0	$0	$0
VIN T DANG	TREASURER	1.00	Officer	$0	$0	$0
DANIEL H CHANG MD	PRESIDENT	2.00	Officer	$0	$0	$0
WAFIK ABDOU MD	VICE PRESIDE	2.00	Officer	$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
2021	$275,068	$168,123	$323,136	$106,945
2018	$429,198	$454,892	$374,422	$-25,694

ADVANCED CENTER FOR EYECARE