Ophthalmic World Leaders

Nonprofit profile at a glance

EIN
200945406
IRS 990 coverage
2012–2025
Forms available
Form 990 2025, Form 990-EZ 2011
Location
Cary, NC, USA
Phone
9192676478
Rating
83
Verdict
STRONG
Rating confidence
Moderate
Sector
Health Support Services

Official website

Reported finances

Revenue
$547,826
Expenses
$585,186
Assets
$869,937
Liabilities
$7,714

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

17 people listed

Executive titles in this filing

  • NIVINE WOODS (PRESIDENT)
  • RENEE BOVELLE MD (PRESIDENT- E)

Highest reported compensation

  • GAYNOR FRIES (EXECUTIVE DI): $106,241 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Ophthalmic world leaders promotes and develops diverse leadership to advance ophthalmic innovation and patient care. Ophthalmic world leaders works across eyecare providing professional and personal development and creates opportunities for collaboration.

What it reported doing in 2025

Leadership development programs - ophthalmic world leaders offers professional development programs designed to help members gain the leadership and soft skills and confidence needed to advance in their careers. Programs are offered year-round at low or no cost to ophthalmic world leaders members.program sessions are held in conjunction with major ophthalmic conferences (eg american academy of ophthalmology and american society of cataract & refractive surgery), as well as live and on-demand webinars and online archived course content. They also host an annual leadership summit to develop leaders in early and mid-career, as well as a mentorship program designed to elevate rising leaders. Leadership recognition - ophthalmic world leaders annual awards recognize ophthalmic professionals who have demonstrated leadership and contributed to the advancement of diverse leadership in eyecare. Candidates are nominated and voted on by ophthalmic world leaders'members, and awards are presented at ophthalmic world leaders signature event held during the annual meeting of the american academy of ophthalmology. Additionally, ophthalmic world leaders produces a semi-annual magazine designed to highlight the contributions of leaders in the ophthalmic industry, and works to create opportunities for a more diverse leadership in eyecare.

Operating model

Revenue model
Donor-supported. 80% 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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 79
  • Transparency & Controls: 94
  • Accountability: 84
  • Sustainability: 34
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 84.3%; rating input score 84
  • Program expense ratio: 78.5%; rating input score 78
  • Fundraising efficiency: $19.65 raised per $1 spent on fundraising; rating input score 55; 55th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 78th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 5 of 8 controls in place; rating input score 62
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -6.8%; rating input score 17; 17th percentile among comparable filings
  • Total-asset coverage ratio: 1.49; rating input score 55; 55th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 61; 61st percentile among comparable filings
  • Officer compensation ratio: 18.2%; rating input score 19; 19th percentile among comparable filings

Growth

  • Program expense growth: 12.9% per year; rating input score 100; 66th percentile among comparable filings
  • Revenue growth: 9.2% per year; rating input score 100; 58th percentile among comparable filings
  • Asset growth: 16.8% per year; rating input score 100; 73rd percentile among comparable filings

Details

  • Where the money goes: 84.3% of revenue deployed · 78.5% of spending went to programs
  • Governance: 14 of 14 board members independent · 5 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $459K in reported program spending
  • Leadership: top reported pay $106K · 17 people listed
  • Highest-paid contractors: 1 contractor listed · $106K reported
  • Consistency: 23 of 23 current checks pass
  • Schedules: 5 filed schedules · includes major donors and grants
  • Filing history: 13 filing years from 2012 to 2025
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • 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 — Accountability: Governance controls: 2 of 7 not reported.
  • Review — Financial Efficiency: Fundraising efficiency scored 55/100.
  • High — Sustainability: Operating margin scored 17/100.
  • Review — Sustainability: Total-asset coverage ratio scored 55/100.
  • High — Sustainability: Officer compensation ratio scored 19/100.