WRIGHT FOUNDATION FOR PEDIATRIC OPHTALMOLOGY AND STRABISMUS

EIN: 912100692 501(c)(3) Medical Research

Torrance, CA

Total Revenue
$80,935
Total Expenses
$117,103
Total Assets
$794,104
Net Assets
$788,716
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
CA
Principal Officer
KENNETH W WRIGHT
Phone
3106526420
Tax Period
2024-01-01 to 2024-12-31

WRIGHT FOUNDATION FOR PEDIATRIC OPHTALMOLOGY AND STRABISMUS, founded in 2001, is a micro nonprofit in the Medical Research sector that reported $81K in total revenue in fiscal year 2024. Revenue surged 30% from the prior year, signaling strong growth momentum. Expenses of $117K exceeded revenue, resulting in a 45% operating deficit.

Mission

PROVIDE CARE TO FINANCIALLY CHALLENGED CHILDREN/INDIVIDUALS TO REDUCE BLINDNESS AND SUFFERING FROM EYE DISORDERS IN INFANTS AND CHILDREN. PROVIDE EDUCATION IN PEDIATRIC OPHTALMOLOGY

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $57,340
Program Service Revenue $0
Investment Income $23,595
Other Revenue $0
TOTAL REVENUE $80,935

Expense Breakdown

Grants Paid $0
Salaries & Benefits $15,970
Fundraising Expenses $0
Other Expenses $101,133
TOTAL EXPENSES $117,103

Year-over-Year Comparison

2024 2023 Change
Revenue $80,935 $62,058 +0.3%
Expenses $117,103 $95,461 +0.2%
Net Income $-36,168 $-33,403 +0.1%
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

Sign In

Governance

Voting Members
1
Independent Members
1
Employees
1
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
1
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KENNETH WRIGHT PRESIDENT 15.00
Officer 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
2025 No data No data No data No data
2024 $80,935 $117,103 $794,104 $-36,168
2023 $62,058 $95,461 $864,767 $-33,403
2022 $73,652 $88,472 $906,036 $-14,820
2021 $68,268 $55,460 $920,856 $12,808
2020 $16,932 $72,511 $847,866 $-55,579
2019 $79,928 $110,265 $899,840 $-30,337
2018 $89,272 $105,402 $946,078 $-16,130
Explore More Nonprofits
Top 100 Nonprofits in California Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare WRIGHT FOUNDATION FOR PEDIATRIC OPHTALMOLOGY AND STRABISMUS with other nonprofits in California and across the country.