SAN FRANCISCO, CA
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Sign In — Free (10 views/day)THE FOUNDATION OF THE AMERICAN ACADEMY OF OPHTHALMOLOGY, founded in 1980, is a mid-sized nonprofit in the Arts, Culture & Humanities sector that reported $14.9M in total revenue in fiscal year 2024. Revenue surged 36% from the prior year, signaling strong growth momentum. Expenses of $17.3M exceeded revenue, resulting in a 16% operating deficit.
THE MISSION OF THE FOUNDATION OF THE AMERICAN ACADEMY OF OPHTHALMOLOGY (FAAO) IS TO ADVANCE THE AMERICAN ACADEMY OF OPHTHALMOLOGY'S (AAO) PRIORITY PROGRAMS IN CLINICAL EDUCATION, QUALITY AND DATA SCIENCE, AND PUBLIC SERVICE.
GRANTS TO AAO TO SUPPORT "ADVANCING LIFELONG OPHTHALMIC EDUCATION": MEDICAL KNOWLEDGE AND THE PACE OF SURGICAL AND THERAPEUTIC INNOVATION IS GROWING RAPIDLY, AS IS AN INCREASED EMPHASIS ON PATIENT...
GRANTS TO AAO TO SUPPORT "ADVANCING LIFELONG OPHTHALMIC EDUCATION": MEDICAL KNOWLEDGE AND THE PACE OF SURGICAL AND THERAPEUTIC INNOVATION IS GROWING RAPIDLY, AS IS AN INCREASED EMPHASIS ON PATIENT OUTCOMES AND VALUE-BASED CARE. FAAO SUPPORTS AAO PROGRAMS THAT SPEED THE TRANSFER OF OPHTHALMIC KNOWLEDGE AND INNOVATION TO OPHTHALMOLOGISTS WORLDWIDE. BY RAISING PHILANTHROPIC GIFTS GLOBALLY AND MANAGING ITS INVESTABLE ASSETS, FAAO PROVIDES GRANTS TO AAO PROGRAMS IN OPHTHALMIC EDUCATION AND QUALITY OF CARE, INCLUDING THE ONE NETWORK, IRIS REGISTRY, R&D FOR PRODUCTS AND SERVICES, AND INTERNATIONAL OUTREACH IN DEVELOPING COUNTRIES.
GRANTS TO AAO TO SUPPORT "PUBLIC SERVICE": ONE IN SIX PEOPLE AGED 65 AND OLDER HAS VISION IMPAIRMENT THAT CANNOT BE CORRECTED WITH GLASSES. THIS IS OFTEN CAUSED BY COMMON EYE CONDITIONS AND DISEASES...
GRANTS TO AAO TO SUPPORT "PUBLIC SERVICE": ONE IN SIX PEOPLE AGED 65 AND OLDER HAS VISION IMPAIRMENT THAT CANNOT BE CORRECTED WITH GLASSES. THIS IS OFTEN CAUSED BY COMMON EYE CONDITIONS AND DISEASES DETECTED BY EYE EXAMS. MANY PEOPLE OFTEN DELAY GETTING CARE THAT COULD SAVE THEIR SIGHT BECAUSE THEY CANNOT AFFORD IT. EYECARE AMERICA, THROUGH ITS 3,000 VOLUNTEER OPHTHALMOLOGISTS, REMOVES THIS BARRIER BY PROVIDING CARE AT NO OUT-OF-POCKET COST TO PATIENTS. EYECARE AMERICA ALSO RAISES AWARENESS ABOUT EYE DISEASE AND PROVIDES FREE EYE HEALTH INFORMATION. IN FISCAL YEAR 2024-2025, EYECARE AMERICA REFERRED 11,215 INDIVIDUALS NATIONWIDE FOR CARE. IN ADDITION TO EYECARE AMERICA, FAAO SUPPORTS THE MUSEUM OF VISION, WHICH PRESERVES THE HISTORY OF MEDICINE, AND TRANSLATES IT INTO EDUCATIONAL RESOURCES FOR USE BY AAO'S MEMBERS, MEDICAL HISTORIANS, RESEARCHERS, AND THE PUBLIC AS THEY SEEK TO UNDERSTAND OPHTHALMOLOGY'S CONTRIBUTIONS TO SOCIETY, LEARN MORE ABOUT THE EYE AND THE SCIENCE OF VISION, AND TO ADDRESS SIMILAR OPHTHALMIC CHALLENGES TODAY AND IN THE FUTURE. IN FISCAL YEAR 2024-2025, THE MUSEUM OF VISION PROVIDED THESE RESOURCES TO 122,155 INDIVIDUALS.
GRANTS TO AAO TO SUPPORT "QUALITY AND DATA SCIENCE": FAAO PROVIDES SUPPORT TO THE H. DUNBAR HOSKINS JR., M.D. CENTER FOR QUALITY EYE CARE, WHICH WAS ESTABLISHED AS A QUALITY OF CARE AND HEALTH POLICY...
GRANTS TO AAO TO SUPPORT "QUALITY AND DATA SCIENCE": FAAO PROVIDES SUPPORT TO THE H. DUNBAR HOSKINS JR., M.D. CENTER FOR QUALITY EYE CARE, WHICH WAS ESTABLISHED AS A QUALITY OF CARE AND HEALTH POLICY RESEARCH CENTER THAT ADVANCES THE ACCESSIBILITY TO AND APPROPRIATENESS OF EYE CARE SERVICES. THE WORK OF THE HOSKINS CENTER ENSURES THAT PATIENTS CONTINUE TO RECEIVE HIGH QUALITY, EVIDENCE-BASED EYE CARE WITHIN A TIGHTENING ECONOMIC ENVIRONMENT THAT WILL DEMAND INCREASED VALUE FOR ANY SERVICES PROVIDED. ALTHOUGH EXTENSIVE IN SCOPE, THE HOSKINS CENTER IS ORGANIZED INTO FOUR MAIN PROGRAMMATIC AREAS: (I) EVIDENCED-BASED EYE CARE: PRODUCES GUIDANCE FOR EYE CARE PROVIDERS AND DEVELOPS PERFORMANCE-IN-PRACTICE EVALUATION TOOLS; (II) VALUE-BASED DELIVERY OF EYE CARE: IDENTIFIES AND ASSESSES VALUE-BASED EYE CARE PRACTICE MODELS FOR A VARIETY OF SETTINGS AND EXAMINES THE PUBLIC HEALTH NEEDS FOR QUALITY OF EYE CARE; (III) MEDICAL INFORMATION TECHNOLOGY STANDARDS: CREATES STANDARDIZED TERMINOLOGY, IMAGING AND EHR STANDARDS, AND MODELS FOR INTEGRATING E-PRESCRIBING AND TECHNOLOGY IN PRACTICE; AND (IV) FELLOWSHIPS AND GRANTS FUNDING: EXTENDS THE REACH AND SCOPE OF THE HOSKINS CENTER IN EMERGING OR UNDERSTUDIED EYE CARE AREAS BY FUNDING THE RESEARCH OF OUTSIDE INVESTIGATORS AND ORGANIZATIONS.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $14,883,186 | $10,929,128 | +0.4% |
| Expenses | $17,319,129 | $16,315,413 | +0.1% |
| Net Income | $-2,435,943 | $-5,386,285 | -0.5% |
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 |
|---|---|---|---|---|---|---|
| JANE C EDMOND MD | CHAIR (2024) / DIRECTOR (2025) | 1.00 |
Officer
Director
|
$0 | $0 | $85,000 |
| MICHAEL X REPKA MD MBA | VICE CHAIR (2024) / CHAIR (2025) | 1.00 |
Officer
Director
|
$0 | $0 | $30,000 |
| CHRISTOPHER J RAPUANO MD | DIRECTOR (2024) / VICE CHAIR (2025) | 1.00 |
Officer
Director
|
$0 | $0 | $25,000 |
| DUPE S ADEMOLA-POPOOLA MBBS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| IQBAL K AHMED MD | DIRECTOR (THROUGH 12/2024) | 1.00 |
Director
|
$0 | $0 | $0 |
| DANIEL J BRICELAND MD | DIRECTOR (THROUGH 12/2024) | 1.00 |
Director
|
$0 | $0 | $0 |
| ZELIA M CORREA MD PHD | DIRECTOR (START 1/2025) | 1.00 |
Director
|
$0 | $0 | $0 |
| ANNA LUISA DI LORENZO MD | DIRECTOR (THROUGH 12/2024) | 1.00 |
Director
|
$0 | $0 | $0 |
| RAVI D GOEL MD | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $25,000 |
| LAURA K GREEN MD | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $10,000 |
| DAVID C HERMAN MD | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $17,500 |
| BENNIE H JENG MD | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $25,000 |
| LISA DIANE KELLY MD | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JAMES A LAWRENCE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JEFF S MALTZMAN MD | DIRECTOR (START 1/2025) | 1.00 |
Director
|
$0 | $0 | $0 |
| PURNIMA S PATEL MD | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| PAISAN RUAMVIBOONSUK MD | DIRECTOR (START 1/2025) | 1.00 |
Director
|
$0 | $0 | $0 |
| ERIN SHRIVER MD | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| GREGORY L SKUTA MD | DIRECTOR (THROUGH 12/2024) | 1.00 |
Director
|
$0 | $0 | $0 |
| LEE A SNYDER MD | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $10,000 |
| J TIMOTHY STOUT MD PHD MBA | DIRECTOR (START 1/2025) | 1.00 |
Director
|
$0 | $0 | $18,500 |
| PREM S SUBRAMANIAN MD PHD | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $15,000 |
| RUSSELL N VAN GELDER MD PHD | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| AARON P WEINGEIST MD | DIRECTOR (THROUGH 12/2024) | 1.00 |
Director
|
$0 | $0 | $0 |
| GEORGE A WILLIAMS MD | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $25,000 |
| RUTH D WILLIAMS MD | DIRECTOR (START 1/2025) | 1.00 |
Director
|
$0 | $0 | $0 |
| REZA ZADNO PHD | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $17,500 |
| STEPHEN D MCLEOD MD | SECRETARY / CEO OF AAO | 8.00 |
Officer
Director
|
$0 | $108,554 | $1,231,054 |
| LAWRENCE MENDENHALL | COO / CFO / CHIEF LEGAL & RISK OFF | 6.00 |
Officer
|
$0 | $106,379 | $700,733 |
| TINA MCGOVERN | EXECUTIVE DIRECTOR | 40.00 |
Officer
|
$259,399 | $45,602 | $305,001 |
| TODD LYCKBERG | DIRECTOR OF DEVELOPMENT | 40.00 |
Highest
|
$172,038 | $45,319 | $217,357 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $14,883,186 | $17,319,129 | $182,399,273 | $-2,435,943 |
| 2024 | $10,929,128 | $16,315,413 | $187,732,204 | $-5,386,285 |
| 2023 | $12,756,911 | $15,388,492 | $170,564,816 | $-2,631,581 |
| 2022 | $13,944,505 | $11,017,181 | $169,457,779 | $2,927,324 |
| 2021 | $10,334,123 | $9,351,187 | $158,744,922 | $982,936 |
| 2020 | $10,872,589 | $9,827,117 | $126,858,799 | $1,045,472 |
| 2019 | $16,796,549 | $7,971,617 | $130,218,469 | $8,824,932 |
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