NEW YORK, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)FRIENDS OF ARAVIND INC DBA ARAVIND EYE FOUNDATION INC, founded in 2000, is a small nonprofit in the Health Care sector that reported $835K in total revenue in fiscal year 2024. Revenue fell 82% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $316K, a strong 38% operating margin.
THE PURPOSE OF THE CORPORATION IS TO ENGAGE IN SUCH ACTIVITY AS MAY BE NECESSARY, APPROPRIATE OR OTHERWISE HELPFUL TO SUPPORT, PROVIDE ASSISTANCE TO OR PERFORM FUNCTIONS OF ARAVIND EYE HOSPITAL AND POSTGRADUATE INSTITUTE OF OPHTHAMOLOGY HEADQUARTERS IN MADRAI, INDIA (ARAVIND EYE HOSPITAL). THE GOAL OF ARAVIND EYE HOSPITAL IS TO ELIMINATE NEEDLESS BLINDNESS. Aravind Eye Foundation WILL SUPPORT ARAVIND EYE HOSPITAL IN WORKING TOWARD THAT GOAL:(A) BY PROMOTING ARAVIND EYE HOSPITAL AND COMMUNICATING ITS ACTIVITIES THROUGHOUT THE WORLD;(B) BY SUPPORTING ARAVIND EYE HOSPITAL DIRECTLY IN SERVICE DELIVERY, HUMAN RESOURCE AND ORGANIZATION DEVELOPMENT, SECURING EQUIPMENT AND SUPPLIES, LOCATING VOLUNTEERS WHO MEET IDENTIFIED NEEDS AND METTING OTHER REQUESTS OF THE ARAVIND EYE HOSPITAL; AND(C) BY ASSISTING IN THE SPREAD OF "THE ARAVIND MODEL" TO OTHER PLACES IN INDIA AND THE WORLD.
Cataract InitiativeAravind Eye Foundation SUPPORTS THE ARAVIND EYE CARE SYSTEM IN ITS MISSION TO ELIMINATE NEEDLESS BLINDNESS BY FUNDING ITS PROJECT DIVISIONS INCLUDING capacity building, community...
Cataract InitiativeAravind Eye Foundation SUPPORTS THE ARAVIND EYE CARE SYSTEM IN ITS MISSION TO ELIMINATE NEEDLESS BLINDNESS BY FUNDING ITS PROJECT DIVISIONS INCLUDING capacity building, community outreach, RESEARCH, training and EDUCATION, spectacles for school children, AND RING OF HOPE, WHICH provides treatment for children with eye cancer.
Spectacles for ScholarsAravinds 117 Rural Vision Centers cover a population of approximately 12 million and can provide 90% of basic vision care, from vision screening and spectacles to surgical...
Spectacles for ScholarsAravinds 117 Rural Vision Centers cover a population of approximately 12 million and can provide 90% of basic vision care, from vision screening and spectacles to surgical follow-up. All patients are first seen by highly trained technicians, followed by a telemedicine visit with an ophthalmologist, who reviews results and prescribes treatment.Twenty-one centers have been funded by the Aravind Eye Foundation since 2011; this past year nearly 200,000 patients visited and more than 25,000 received eye glasses from these centers.The most common vision problem in the world can be solved with the simplest solution a pair of eyeglasses. Aravinds Spectacle for Scholars program screened 304,032 students and 13,280 received free spectacles.
School Screen at VCThe foundation continues to support work to integrate school screening into vision centers. This program seeks to reach students who might be missed by traditional school...
School Screen at VCThe foundation continues to support work to integrate school screening into vision centers. This program seeks to reach students who might be missed by traditional school screenings and to raise awareness about the importance of eyecare within the whole community. This past year, the programs in Madurai and Tirunelveli screened 76,673 students from 362 schools and referred 7,081 children for follow-up at their local vision center.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $835,389 | $4,636,372 | -0.8% |
| Expenses | $519,098 | $451,082 | +0.2% |
| Net Income | $316,291 | $4,185,290 | -0.9% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Donna Campbell | Executive Dir. | 30.00 |
Officer
|
$15,282 | $0 | $15,282 |
| DR R CHRISTINE MELTON | President | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| PAVITHRA MEHTA | Sec/Tres | 1.00 |
Director
|
$0 | $0 | $0 |
| DR ANANDI NAGARAJAN | Vice President | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DR ALAN ROBIN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DR ARAVIND Srinivasan | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| THULSIRAJ Ravilla | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| JOHN SAMUEL | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| Sriram Viswanathan | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Dr RD Ravindran | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Lady Neelam Sekhri Feachem | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Dr MEENA ROBERTS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DR SACHIN GUPTA | Vice President | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| CHITRA PRASAD | TREASURER/Secre | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| Ms Kathy Stillo | Board Member | 0.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $835,389 | $519,098 | $7,487,556 | $316,291 |
| 2023 | $4,636,372 | $451,082 | $7,087,513 | $4,185,290 |
| 2022 | $563,859 | $477,312 | $2,764,816 | $86,547 |
| 2021 | $454,694 | $1,609,075 | $3,018,003 | $-1,154,381 |
| 2020 | $1,484,783 | $586,022 | $4,079,307 | $898,761 |
| 2019 | $996,369 | $957,818 | $3,041,771 | $38,551 |
| 2018 | $334,580 | $1,042,936 | $2,811,768 | $-708,356 |
Compare FRIENDS OF ARAVIND INC DBA ARAVIND EYE FOUNDATION INC with other nonprofits in New York and across the country.