The Minnesota Eye Foundation

What it reported doing in 2024

In 2024, Minnesota eye foundation (mef) conducted its mission of enriching the quality of life of our community members through charitable outreach and continuing education in the field of eye care. Mef directly supports the delivery of eye care services to those in need and through educational opportunities for optometrists, as well as the mission trip experiences for our fellows who serve patients in honduras. Mef exhibits its mission through three key programs: the vision project (tvp), perspectives in eye care (odp) and strides 4 sight (s4s).through the vision project (tvp) which provides medically necessary vision care evaluations and surgeries at no cost for uninsured, low-income patients in need, mef completed a total of 41 vision project surgeries and nine (9) crosslinking procedures for 37 patients during 2024. Tvp is made possible through the assistance of volunteer nurses, staff, surgeons, fellows, anesthetists, and team members who are willing to donate their time, expertise, supplies and equipment.50 surgeries in total for 2024: - 41 surgeries including glaucoma/cataract/cornea related procedures - 9 cross-linking surgeries - 37 patients during 2024 vision project surgery days: - 32 surgeries were completed with 22 patients - 13 volunteer physicians, 45 volunteer staff and 6 interpreters (spanish, french, and hmong) = 64 involvedthe need for vision surgeries for those without insurance has grown in need each year. Tvp did perform additional surgeries outside of the traditional designated window of surgery days providing 9 procedures for 6 patients. Through the fellowship program, mef was able to provide a travel grant to one of the md fellows who was interested and available to participate in this impactful experience in may 2024. Md fellow dr. Mark larson travelled and assisted dr. Mark s. Hansen on his annual honduras mission trip. The week-long journey from sunday 5/26/24 through friday 5/31/24 was aimed at bringing supplies, knowledge, and surgical skills to the residents, fellows, and patients. Clinical assessments and surgical planning with the local team took place daily. Some of the most challenging cases seen at this hospital were designated for this mission trip, and each surgery day was rigorous. Post-operative evaluations with patients and staffing clinic patients with first- and second-year residents took place during the span of this mission trip.

Financial Efficiency

• Mission deployment rate: 100%; rating input score 100
• Program expense ratio: 98.3%; rating input score 98

Transparency & Controls

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

Sustainability

• Operating margin: -23.1%; rating input score 7; 7th percentile among comparable filings
• Total-asset coverage ratio: 0.67; rating input score 46; 46th percentile among comparable filings
• Liabilities to assets ratio: 0.29; rating input score 15; 15th percentile among comparable filings
• Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

• Program expense growth: 5.3% per year; rating input score 100; 48th percentile among comparable filings
• Revenue growth: 2% per year; rating input score 100; 31st percentile among comparable filings
• Asset growth: 4.8% per year; rating input score 100; 44th percentile among comparable filings