LOS ANGELES, CA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)SOUTHERN CALIFORNIA EYE INSTITUTE, founded in 2019, is a small nonprofit in the Education sector that reported $705K in total revenue in fiscal year 2023. Revenue fell 55% from the prior year — a significant decline worth monitoring. Expenses of $635K left a modest 10% surplus.
To reduce the burden of eye disease and blinding conditions in children and aging-populations in and surrounding cities of Los Angeles County through patient care, research and education.
Ophthalmic Research Support for ophthalmic research projects, comes from private donors, from National Institutes of Health through the University of Pennsylvania, and Fidelity Charitable. Temporary...
Ophthalmic Research Support for ophthalmic research projects, comes from private donors, from National Institutes of Health through the University of Pennsylvania, and Fidelity Charitable. Temporary staff were hired for additional help with data collection and data entry for these research projects. From these research endeavors, our physician researchers published eight manuscripts in academic journals throughout the year. Finally, our physician-scientists attended national and international academic conferences to present findings from these research studies.
Ophthalmic Technician Education Program (OTEP) OTEP admitted a cohort of 7 students in July 2022 of which 6 graduated from the Southern California Eye institute Ophthalmic Technician Education...
Ophthalmic Technician Education Program (OTEP) OTEP admitted a cohort of 7 students in July 2022 of which 6 graduated from the Southern California Eye institute Ophthalmic Technician Education Program in June 2023. The students attended 81 lectures for a total of 162 clock hours throughout the year. Additionally, each student completed a minimum of 750 clinical training hours in the Institute's main clinic, satellite offices and private practices. At the conclusion of the program, students are prepared to sit for the International Joint Commission of Allied Health Personnel in Ophthalmology (IJCAHPO) exam to become a Certified Ophthalmic Technician. The Ophthalmic Technician Training Program is currently undergoing the process of accreditation through the International Accreditation Commission ICA.
The Southern California Eye Institute continued to host health fairs for underserved communities, and veterans in and around the Los Angeles-area. These eye screenings and community health education...
The Southern California Eye Institute continued to host health fairs for underserved communities, and veterans in and around the Los Angeles-area. These eye screenings and community health education fairs were held to give back to the people who need it most. In addition to these community care programs, the Southern California Eye Institute recognized our health workers by providing meal services for those who were providing frontline patient care. Support for this project is from generous private donors, and Fidelity Charitable.
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)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $705,199 | $1,555,364 | -0.5% |
| Expenses | $635,177 | $675,992 | -0.1% |
| Net Income | $70,022 | $879,372 | -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 |
|---|---|---|---|---|---|---|
| ROHIT VARMA | President | 2.00 |
Officer
|
$0 | $0 | $0 |
| RAYA KARELIN | Treasurer | 4.00 |
Officer
|
$0 | $0 | $0 |
| MINA TORRES | Secretary | 4.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $705,199 | $635,177 | $1,245,540 | $70,022 |
| 2022 | $1,555,364 | $675,992 | $1,137,100 | $879,372 |
| 2021 | $406,686 | $328,453 | $219,482 | $78,233 |
| 2020 | $337,047 | $213,079 | $137,616 | $123,968 |
Compare SOUTHERN CALIFORNIA EYE INSTITUTE with other nonprofits in California and across the country.