INDIANA UNIVERSITY EYE CARE INC

EIN: 351725377 501(c)(3)

INDIANAPOLIS, IN

Total Revenue
$50,694
Total Expenses
$20,542
Total Assets
N/A
Net Assets
N/A
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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
1987
Legal Domicile
IN
Principal Officer
DR LOUIS B CANTOR
Phone
3172787294
Tax Period
2017-07-01 to 2018-06-11

INDIANA UNIVERSITY EYE CARE INC, founded in 1987, is a micro nonprofit that reported $51K in total revenue in fiscal year 2017. Revenue fell 91% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $30K, a strong 59% operating margin.

Mission

ENGAGES IN MEDICAL RESEARCH, PROVIDES MEDICAL EDUCATION AND RESEARCH WITH, AND IS THE AUXILARY TO [CONTINUE FROM PAGE 1] THE DEPARTMENT OF OPTHALMOLOGY OF THE INDIANA UNIVERSITY SCHOOL OF MEDICINE AND ITS HOSPITALS.

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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 (2017)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $41,788
Investment Income $0
Other Revenue $8,906
TOTAL REVENUE $50,694

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $7,058
Other Expenses $15,874
TOTAL EXPENSES $20,542

Year-over-Year Comparison

2017 2016 Change
Revenue $50,694 $565,186 -0.9%
Expenses $20,542 $230,180 -0.9%
Net Income $30,152 $335,006 -0.9%
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

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Governance

Voting Members
3
Independent Members
N/A
Employees
N/A
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
3
$509,815
Total Directors
2
$238,093
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DARRELL WUDUNN MD PHD SECRETARY 2.00
Officer Director
$0 $16,022 $56,022
CHI WAH YUNG MD TREASURER 2.00
Officer Director
$0 $52,071 $182,071
LOUIS CANTOR MD PRESIDENT 2.00
Officer
$0 $76,889 $271,722
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
2018 $50,694 $20,542 No data $30,152
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