MINNEAPOLIS, MN
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)PHILLIPS EYE INSTITUTE FOUNDATION, founded in 1987, is a small nonprofit that reported $575K in total revenue in fiscal year 2019. Revenue decreased 15% compared to the prior year. Expenses of $872K exceeded revenue, resulting in a 52% operating deficit.
WHAT WE DO:1. PROVIDE FREE ACCESS TO SUPERB MEDICAL CARE THROUGH TRANSPORTATION SERVICES FOR OUR PATIENTS.2. CONDUCT FREE ANNUAL VISION SCREENING FOR NEARLY 30,000 PUBLIC SCHOOL CHILDREN AND FUND AND COORDINATE FOLLOW-UP TREATMENT FOR CHILDREN WHO ARE UNINSURED OR UNDERINSURED.3. PURCHASE CUTTING-EDGE TECHNOLOGY, WHICH ALLOWS PHYSICIANS TO BETTER DIAGNOSE AND TREAT OUR PATIENTS.4. FUND ACCESS TO LASER VISION CORRECTION SURGERY FOR TROOPS DEPLOYEDWHO WE DO IT FOR:THE WORK OF PHILLIPS EYE INSTITUTE, THE UPPER MIDWEST'S ONLY EYE HOSPITAL, IS SO VITAL TO OUR REGION. WE INTEGRATE THE LATEST DIAGNOSTIC TREATMENT AND SURGICAL TECHNOLOGIES WITH A STAFF DEDICATED SOLELY TO OPHTHALMIC CARE, THE EXPERTISE OF AFFILIATED OPHTHALMOLOGISTS, REFERRING PHYSICIANS AND OTHER EYE CARE PROFESSIONALS. THIS UNIQUE COLLABORATION ENSURES THAT PATIENTS RECEIVE THE LATEST IN ADVANCED EYE CARE-ALL WITHIN A SINGLE HOSPITAL DEDICATED TO PRESERVING, PROTECTING AND RESTORING VISION.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2019 | 2018 | Change | |
|---|---|---|---|
| Revenue | $575,124 | $677,924 | -0.2% |
| Expenses | $872,186 | $1,034,724 | -0.2% |
| Net Income | $-297,062 | $-356,800 | -0.2% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| DANIEL CONRAD | DIRECTOR/PRES. PEI | 2.00 |
Director
|
$0 | $32,808 | $730,538 |
| JOSH DEBOER | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| M VAUGHN EMERSON MD | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $6,336 |
| ADRIENNE JORDAN | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| MICHAEL LINS | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $21,935 |
| ELIZABETH NELSON | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| ANGELA OSTER MD | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| ED RYAN MD | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| CHUCK SELCER | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| IRVING SHAPIRO MD | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| JEFF USEM | DIRECTOR/CHAIRMAN | 2.00 |
Director
|
$0 | $0 | $0 |
| ROBERT WARASHAWSKY MD | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| LAUREEN HENNEN | EXEC. DIR. PEI FOUNDATION | 40.00 |
Officer
|
$0 | $38,710 | $197,174 |
| RICHARD MAGNUSON | CFO | 2.00 |
Officer
|
$0 | $179,926 | $1,101,962 |
| DUNCAN GALLAGHER | FORMER CFO | 2.00 |
|
$0 | $0 | $130,958 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2019 | $575,124 | $872,186 | No data | $-297,062 |
| 2018 | $677,924 | $1,034,724 | $6,116,088 | $-356,800 |
Compare PHILLIPS EYE INSTITUTE FOUNDATION with other nonprofits in Minnesota and across the country.