Iseps Global Ophthalmology Foundation

Nonprofit profile at a glance

EIN
832016131
IRS 990-EZ coverage
2018–2024
Forms available
Form 990-EZ 2024
Location
Vernon Hills, IL, USA
Phone
8476801666
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Philanthropy, Charity, Voluntarism Promotion

Reported finances

Revenue
$53,995
Expenses
$27,203
Assets
$147,063

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • RONALD MAY MD (PRESIDENT)

People named in this filing

  • RONALD MAY MD (PRESIDENT)
  • RV PAUL CHAN MD (VICE-PRESIDE)
  • RICHARD PAUL (SECRETARY-TR)

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To engage in or to support charitable programs and projects domestically or abroad, including but not limited to programs that advance eye care for economically disadvantaged individuals, the development of ophthalmic skills for health care providers through education and training, and expanding the availability of eye care services.

What it reported doing in 2024

To provide programs to that advance eye care for economically disadvantaged individuals and to develop skills for health care providers through education and training.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 94% of its reported program spending out as grants.

The verdict

SUPPORTED - A large share of total spending goes to programs and the filed numbers largely add up. A relatively small share of available resources goes toward mission work and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 69
  • Transparency & Controls: 82
  • Sustainability: 74
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 50.4%; rating input score 50
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 49.6%; rating input score 91; 91st percentile among comparable filings
  • Total-asset coverage ratio: 5.41; rating input score 85; 85th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 16.5% per year; rating input score 100; 79th percentile among comparable filings
  • Revenue growth: 1.2% per year; rating input score 100; 57th percentile among comparable filings
  • Asset growth: 15.5% per year; rating input score 100; 81st percentile among comparable filings

Details

  • Where the money goes: 50.4% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $27K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 6 filing years from 2018 to 2024
  • Contacts: How to reach this organization
  • 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.

  • Review — Financial Efficiency: Mission deployment rate scored 50/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.