Hawaiian Eye Foundation Inc
Nonprofit profile at a glance
- EIN
- 990237865
- IRS 990-EZ coverage
- 2020–2020
- Forms available
- Form 990 2019, Form 990-EZ 2020
- Location
- Honolulu, HI, USA
- Phone
- 8085363961
- Rating
- 78
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Eye Diseases, Blindness and Vision Impairments
Reported finances
- Revenue
- $184,554
- Expenses
- $244,839
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- Chris Tortora MD (President/Director)
- Alan Faulkner MD (Vice President/Director)
- Jeffrey J Rutgard MD (Former President and Director)
People named in this filing
- Chris Tortora MD (President/Director)
- Alan Faulkner MD (Vice President/Director)
- Jane Shuman (Secretary/Director)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Hawaiian Eye Foundation promotes the preservation, restoration, and improvement of vision for people of the Pacific through service, education, and research.
What it reported doing in 2020
Direct Care Services. HEF sponsored 5 events consisting of 2 trainings, 1 Manual Small Incision Cataract Surgery (MSICS) training, and 2 rural surgery missions. These events provided services for 695 exams, 192 surgeries and trained 1,555 with the help of 64 volunteers. The events were held in Mexico, Columbia and the USA. HEF also planned eye care outreach services in Hawaii through the 4th Annual Cataract Days event. The event was rescheduled from May 2020 to September 2020 due to COVID-19 and carried-out by the recipient of HEF's assets, Project Vision Hawaii. In-kind goods and equipment valued at $85,203 was received and shipped to various countries.
Operating model
- Revenue model
- Donor-supported. 88% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 99% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and assets have declined or grown slowly.
Rating breakdown
- Financial Efficiency: 76
- Transparency & Controls: 93
- Sustainability: 6
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 83.1%; rating input score 83
- Program expense ratio: 62.6%; rating input score 63
Transparency & Controls
- Consistency checks: 92.3%; rating input score 92; 4th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -32.7%; rating input score 4; 4th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 5.9%; rating input score 30; 30th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 4.9% per year; rating input score 100; 54th percentile among comparable filings
- Asset growth: -18.3% per year; rating input score 0; 5th percentile among comparable filings
Details
- Where the money goes: 83.1% of revenue deployed · 62.6% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 4 filed program accomplishments · $153K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 4 filed schedules
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 4/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 1/100.
- Moderate — Sustainability: Officer compensation ratio scored 30/100.