Glaukos Charitable Foundation

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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

2019

Legal Domicile

Principal Officer

Diana Scherer

Phone

9493679600

Tax Period

2025-01-01 to 2025-12-31

Glaukos Charitable Foundation, founded in 2019, is a small nonprofit in the Education sector that reported $346K in total revenue in fiscal year 2025. Revenue surged 61% from the prior year, signaling strong growth momentum.

Mission

CONSISTENT WITH OUR CORPORATE MISSION TO DELIVER TRANSFORMATIVE THERAPIES FOR GLAUCOMA, CORNEAL, AND RETINAL DISEASES WORLDWIDE, WE CREATED THE GLAUKOS CHARITABLE FOUNDATION AS A PHILANTHROPIC ORGANIZATION DEDICATED TO HELPING PEOPLE IN NEED, IN OUR OWN COMMUNITY AND BEYOND.

Program Service Accomplishments

Program 1

Expenses: $51,835

CAPOC - OC Food Bank

Program 2

Expenses: $43,145

Stand Up to Cancer

Program 3

Expenses: $35,000

Ophthalmology Foundation

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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 (2025)

Revenue Breakdown

Contributions & Grants $345,560

Program Service Revenue $0

Investment Income $355

Other Revenue $0

TOTAL REVENUE $345,915

Expense Breakdown

Grants Paid $361,877

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $361,877

Other Expenses $5,934

TOTAL EXPENSES $367,811

Year-over-Year Comparison

	2025	2024	Change
Revenue	$345,915	$215,141	+0.6%
Expenses	$367,811	$169,350	+1.2%
Net Income	$-21,896	$45,791	-1.5%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
Alex Thurman	Chair of the Board	Director	$0	$0	$0
Thomas Burns	Director	Director	$0	$0	$0
Michele Allegretto	DIRECTOR	Director	$0	$0	$0
Joseph Gilliam	DIRECTOR	Director	$0	$0	$0
Matt Young	Director	Director	$0	$0	$0
Chris Lewis	President and Director	Officer Director	$0	$0	$0
Robert Davis	Director	Director	$0	$0	$0
Diana Scherer	Secretary	Officer	$0	$0	$0
Laura Breaux	TREASURER	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
2025	$345,915	$367,811	$74,862	$-21,896
2024	$215,141	$169,350	$96,758	$45,791
2023	$185,253	$159,631	$50,967	$25,622
2022	$105,805	$272,030	$25,345	$-166,225
2021	$338,073	$204,168	$191,570	$133,905