THE EYE FOUNDATION INC

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1950

Legal Domicile

Principal Officer

GARRETT GROVER

Phone

2053258100

Tax Period

2021-10-01 to 2022-09-30

THE EYE FOUNDATION INC, founded in 1950, is a micro nonprofit in the Health Care sector that reported $27K in total revenue in fiscal year 2021. Revenue fell 26% from the prior year — a significant decline worth monitoring.

Mission

THE MISSION OF THE EYE FOUNDATION, INC. IS TO PROVIDE SUPPORT TO HEALTHCARE FACILITIES THAT EXIST FOR THE CARE AND TREATMENT OF THE HUMAN EYE BY PROVIDING FUNDRAISING EFFORTS TO ENSURE THE QUALITY OF CARE DELIVERED.

Program Service Accomplishments

Program 1

Expenses: $0 Revenue: $0

THE EYE FOUNDATION ENGAGED IN FUNDRAISING EFFORTS AND PROVIDED GRANTS TO HEALTHCARE FACILITIES THAT EXIST FOR THE CARE AND TREATMENT OF THE HUMAN EYE TO ENSURE THE QUALITY OF CARE DELIVERED.

🔒

Trantor Score

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%)

Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $26,815

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $26,815

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $0

Other Expenses $0

TOTAL EXPENSES $0

Year-over-Year Comparison

	2021	2020	Change
Revenue	$26,815	$36,219	-0.3%
Expenses	N/A	N/A	N/A
Net Income	N/A	$36,219	N/A

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

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

Governance

Voting Members

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

$846,743

Total Directors

$6,961,546

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ISSAC WILLIAM FERNIANY PHD	BOARD MEMBER (UNTIL 12/2021)	1.0	Director	$0	$85,142	$2,109,882
REID JONES	BOARD MEMBER	1.0	Director	$0	$79,707	$1,756,111
DAWN BULGARELLA	BOARD MEMBER	0.25	Director	$0	$65,167	$1,393,935
CHRISTOPHER GIRKIN MD	BOARD MEMBER	1.0	Director	$0	$98,669	$838,630
VIRGINIA LOLLEY MD	BOARD MEMBER	1.0	Director	$0	$66,195	$559,970
GARRETT GROVER	CEO	40.0	Officer	$0	$97,631	$516,444
JASON O SADLER	CFO	40.0	Officer	$0	$74,892	$330,299
STEPHEN YODER JD	BOARD MEMBER	1.0	Director	$0	$64,444	$303,018
JOAN RAGSDALE	PRESIDENT	1.0	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
2022	$26,815	No data	$204,162	No data
2021	$36,219	No data	$177,347	No data
2020	$36,218	No data	$141,128	No data
2019	$26,744	No data	$104,910	No data
2018	$40,572	$709	$78,166	$39,863