Hermann Eye Fund (EIN 742145014) - 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

Formation Year

1980

Legal Domicile

Phone

7135003804

Tax Period

2023-08-01 to 2024-07-31

Hermann Eye Fund, founded in 1980, is a community nonprofit in the Medical Research sector that reported $3.3M in total revenue in fiscal year 2023. Revenue surged 74% from the prior year, signaling strong growth momentum. Expenses of $2.9M left a modest 11% surplus.

Mission

PROMOTE EYE CARE FOR THE INDIGENT AND TRAINING AND RESEARCH TO FURTHER THE FIGHT AGAINST EYE DISEASE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $38,814

Program Service Revenue $0

Investment Income $2,450,146

Other Revenue $827,178

TOTAL REVENUE $3,316,138

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $797,099

Other Expenses $2,942,276

TOTAL EXPENSES $2,942,276

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,316,138	$1,909,876	+0.7%
Expenses	$2,942,276	$1,895,345	+0.6%
Net Income	$373,862	$14,531	+24.7%

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

N/A

Volunteers

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DIANA HAWKINS	SECRETARY	1.0	Officer Director	$0	$0	$0
KEVIN DILLON	TREASURER	1.0	Officer Director	$0	$0	$0
PAULA CIZIK	VICE PRESIDENT	1.0	Officer Director	$0	$0	$0
RICHARD ANDRASSY MD	PRESIDENT	0.5	Officer Director	$0	$0	$0
DEBORAH GORDON	BOARD MEMBER	0.5	Director	$0	$0	$0
JAMES MCCARTHY MD	BOARD MEMBER	0.5	Director	$0	$0	$0
KEVIN GIGLIO MD	BOARD MEMBER	0.5	Director	$0	$0	$0
Roland Garcia	Board Member	0.5	Director	$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
2024	$3,316,138	$2,942,276	$28,160,900	$373,862
2023	$1,909,876	$1,895,345	$30,605,731	$14,531
2022	$4,800,170	$2,430,398	$31,152,690	$2,369,772
2021	$1,787,346	$2,956,238	$36,488,074	$-1,168,892
2019	$20,482,205	$2,466,075	$36,060,472	$18,016,130
2018	$2,162,252	$2,649,526	$16,954,411	$-487,274

Hermann Eye Fund