The Surgical Eye Care Foundation
Nonprofit profile at a glance
- EIN
- 264805028
- IRS 990-EZ coverage
- 2010–2024
- Forms available
- Form 990-EZ 2024
- Location
- Memphis, TN, USA
- Phone
- 9018202327
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Eye Diseases, Blindness and Vision Impairments
Reported finances
- Revenue
- $50,649
- Expenses
- $41,924
- Assets
- $56,743
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- KIRSTEN MCKNIGHT (EXECUTIVE DIRECTOR)
People named in this filing
- DENNIS MATHEWS (BOARD CHAIR)
- STEPHANIE JOHNSON (VICE CHAIR)
- SHELA COLLINS (TREASURER)
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
Improving eyesight through eduation, research, & access
What it reported doing in 2024
Continued organization and marketing of continuing education and research to improve eyesight
Operating model
- Revenue model
- Other-operating. 100% of the money available for current operations came from other operating revenue.
- Distribution model
- Direct operator. The filing allocates 100% 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. Total assets are small relative to annual expenses; liquid coverage is unknown and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 79
- Transparency & Controls: 82
- Sustainability: 57
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 72.6%; rating input score 73
- Program expense ratio: 87.7%; rating input score 88
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 17.2%; rating input score 70; 70th percentile among comparable filings
- Total-asset coverage ratio: 1.35; rating input score 55; 55th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 81.1%; rating input score 1; 1st percentile among comparable filings
Growth
- Program expense growth: 9.6% per year; rating input score 100; 71st percentile among comparable filings
- Revenue growth: 6% per year; rating input score 100; 74th percentile among comparable filings
- Asset growth: 10.8% per year; rating input score 100; 74th percentile among comparable filings
Details
- Where the money goes: 72.6% of revenue deployed · 87.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $37K in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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 — Sustainability: Total-asset coverage ratio scored 55/100.
- High — Sustainability: Officer compensation ratio scored 1/100.