HAWAIIAN EYE FOUNDATION

EIN: 990237865 501(c)(3)

Honolulu, HI

Total Revenue
$469,796
Total Expenses
$455,100
Total Assets
$58,126
Net Assets
$54,978
🔒

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
1984
Legal Domicile
HI
Principal Officer
Chris Tortora MD
Phone
8085363961
Tax Period
2019-01-01 to 2019-12-31

HAWAIIAN EYE FOUNDATION, founded in 1984, is a small nonprofit that reported $470K in total revenue in fiscal year 2019. Revenue decreased 19% compared to the prior year. Expenses of $455K left a modest 3% surplus.

Mission

Hawaiian Eye Foundation promotes the preservation, restoration, and improvement of vision for people of the Pacific through service, education, and research.

Program Service Accomplishments

Program 1
Expenses: $204,442 Revenue: $120,959

Direct Care Services. In 2019, HEF sponsored 40 events in total consisting of 6 sub-specialty trainings, 9 Manual Small Incision Cataract Surgery (MSICS) trainings, 24 rural surgery missions totaling...

Read more

Direct Care Services. In 2019, HEF sponsored 40 events in total consisting of 6 sub-specialty trainings, 9 Manual Small Incision Cataract Surgery (MSICS) trainings, 24 rural surgery missions totaling 209 days in the following 19 countries/locations: Mexico, Colombia, Ecuador, Costa Rica, Dominican Republic, Fiji, Palau, Yap, Cook Islands, Tonga, Viet Nam, Cambodia, Indonesia, Myanmar, Indonesia, Tanzania, South Africa, Jamaica and the USA. Conducted 2,178 surgeries and 8,151 examinations. As a part of these expeditions, 1,815 doctors and 386 other volunteer assistants were trained. HEF also supported eye care outreach services in Hawaii with the 3rd Cataract Days Hawaii event conducting 14 surgeries and 56 exams.

Program 2
Expenses: $34,044 Revenue: $75,971

Southeast Asia Training Programs. In 2019, ophthalmic training programs were conducted in Yangon, Myanmar. and Bali Indonesia. HEF partnered with the American Eye Center Vietnam and Ho Chi Minh City...

Read more

Southeast Asia Training Programs. In 2019, ophthalmic training programs were conducted in Yangon, Myanmar. and Bali Indonesia. HEF partnered with the American Eye Center Vietnam and Ho Chi Minh City University, along with Hue Central Hospital to conduct 5 Vietnamese American Ophthalmology Symposium (VAOS) meetings throughout 2019 in Ho Chi Minh City and Hue, Viet Nam, attended by approximately 106 Vietnamese eye doctors. Specific events: 3/10-3/15/19 - Oculoplastics - HCMC and Mekong Delta Center - Dr. Philip Custer - 2 surgeries, 8 exams, 32 attendees; 6/1 - 6/9/19 - Cornea and Phaco - Hue - Dr. Ed Kondrot and Dr. Ron Pelton - 52 surgeries, 259 exams, 3 attendees; 7/1-7/5/19-Strabismus and Ptosis - Hanoi - Dr. Kondrot and Dr. Pelton - 24 surgeries,105 exams, 28 attendees; 9/8-9/18/19 - Dr. Shlomo Melamed - Glaucoma - HCMC - Hanoi and Mekong Delta/Can Tho - 17 surgeries, 68 exams, 30 attendees; 9/23-9/27/20 - Phaco-Hue-Dr. Yu and Dr. Tuyen - 50 surgeries, 200 exams, 3 attendees

Program 3
Expenses: $31,075 Revenue: $40,068

Royal Hawaiian Eye Meeting (RHEM) is now called Hawaiian Eye & Retina. Since 1984, HEF has been associated with the Annual Hawaiian Eye Meeting, a training conference primarily for US eye surgeons...

Read more

Royal Hawaiian Eye Meeting (RHEM) is now called Hawaiian Eye & Retina. Since 1984, HEF has been associated with the Annual Hawaiian Eye Meeting, a training conference primarily for US eye surgeons and other professionals associated within Ophthalmology and Optometry. At the January 2019 meeting, HEF coordinated an award presentation, sponsored a workshop for prospective volunteers on Manual Small Incision Cataract Surgery (MSICS), and otherwise promoted international, humanitarian eye work.

🔒

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 (2019)

Revenue Breakdown

Contributions & Grants $429,334
Program Service Revenue $40,455
Investment Income $7
Other Revenue $0
TOTAL REVENUE $469,796

Expense Breakdown

Grants Paid $164,752
Salaries & Benefits $171,926
Fundraising Expenses $20,618
Program Expenses $301,897
Other Expenses $118,422
TOTAL EXPENSES $455,100

Year-over-Year Comparison

2019 2018 Change
Revenue $469,796 $577,885 -0.2%
Expenses $455,100 $552,313 -0.2%
Net Income $14,696 $25,572 -0.4%
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
5
Independent Members
5
Employees
2
Volunteers
60

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
4
$12,000
Total Directors
5
$12,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jeffrey J Rutgard MD President 10.00
Officer Director
$12,000 $0 $12,000
Alan Faulkner MD Director 1
Officer Director
$0 $0 $0
Jane Shuman Secretary 1
Officer Director
$0 $0 $0
Chris Tortora MD Treasurer 1
Officer Director
$0 $0 $0
Candy Simerson Director 1
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
2019 $469,796 $455,100 $58,126 $14,696
2018 $577,885 $552,313 $57,534 $25,572
Explore More Nonprofits
Top 100 Nonprofits in Hawaii Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare HAWAIIAN EYE FOUNDATION with other nonprofits in Hawaii and across the country.