THE BOSTON FOUNDATION FOR SIGHT INC Charity Report

Public IRS 990 nonprofit record

THE BOSTON FOUNDATION FOR SIGHT INC

EIN 04-3150037 · Human Services (P80Z)

What they do

BOSTON FOUNDATION for SIGHT, D/B/A BOSTONSIGHT, is A WORLD RENOWNED NONPROFIT EYE HEALTH CARE ORGANIZATION. OUR MISSION is to IMPROVE QUALITY of LIFE BY TRANSFORMING THE UNDERSTANDING, TREATMENT, and CARE of THE OCULAR SURFACE. WE ACHIEVED THIS THROUGH FIVE KEY STRATEGIES: PUBLIC and PROFESSIONAL EDUCATION; CLINICAL RESEARCH; PATIENT ENGAGEMENT and EMPOWERMENT; SPECIALIZED MEDICAL TREATMENT; and TECHNICAL INNOVATION.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $77.90 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders17 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

73.45%of revenue went to mission work77.9% of expenses · Program services

0.86%of revenue went to fundraising0.9% of expenses

$94.32spent for every $100 of revenueRevenue covered expenses this year.

20.02%of revenue went to management and office costs21.2% of expenses

$1.77in assets for every $1 spent this yearSome assets cannot be spent right away.

5.5%of its money came from giftsOther money may come from services or investments.

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Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $376,355 for SARA YOST (PRESIDENT & CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$6,318,864

Mission workProgram services$4,641,34073.45% of revenue77.9% of expenses

ManagementOffice and general costs$1,264,73220.02% of revenue21.2% of expenses

FundraisingAsking for donations$54,0360.86% of revenue0.9% of expenses

Revenue left after expensesReported annual surplus$358,7565.68% of revenueShown in gray on the chart

Total expenses$5,960,10894.32% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 77.9% mission · 21.2% management · 0.9% fundraisingTotal expenses: 94.32% of revenue

2023Expense mix: 74.7% mission · 24.2% management · 1.1% fundraisingTotal expenses: 101.02% of revenue

2022Expense mix: 79.2% mission · 19.6% management · 1.2% fundraisingTotal expenses: 99.59% of revenue

2021Expense mix: 77.3% mission · 21.2% management · 1.5% fundraisingTotal expenses: 84.11% of revenue

2020Expense mix: 76.8% mission · 20.7% management · 2.5% fundraisingTotal expenses: 95.15% of revenue

2019Expense mix: 81.0% mission · 15.6% management · 3.4% fundraisingTotal expenses: 82.39% of revenue

2018Expense mix: 75.3% mission · 21.0% management · 3.7% fundraisingTotal expenses: 98.01% of revenue

2017Expense mix: 75.0% mission · 21.5% management · 3.5% fundraisingTotal expenses: 107.08% of revenue

Money in and money out

Revenue$6,318,864

Expenses$5,960,108

Annual surplus $358,756 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$4,641,340 · 77.9% of expenses

Management and office costs$1,264,732 · 21.2% of expenses

Fundraising$54,036 · 0.9% of expenses

See all reported dollar amounts

Revenue$6,318,864

Expenses$5,960,108

Assets$10,568,283

Income$6,318,864

Contributions$346,596

Mission work (program services)$4,641,340

Fundraising$54,036

Management and general$1,264,732

Accounting fees$78,600

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

SARA YOSTPRESIDENT & CEO · 40 hrs/week $376,355Base $341,143 · Other $35,212

DANIEL BROCKS MDMD, CHIEF MEDICAL OFFICER · 40 hrs/week $370,939Base $334,887 · Other $36,052

KAREN CARRASQUILLO OD PHDSVP OF CLINICAL & PROF AFFAIRS · 40 hrs/week $268,231Base $237,288 · Other $30,943

LAUREL VILLERSCLERK, CHIEF BUSINESS DEVELOPMENT OFFICER · 40 hrs/week $242,752Base $211,641 · Other $31,111

CHERYL SADELICFO/TREASURER · 40 hrs/week $199,265Base $188,513 · Other $10,752

KLIMENTY LEVINSOFTWARE ARCHITECT · 40 hrs/week $198,405Base $187,969 · Other $10,436

ALAN KWOKOPTOMETRIST · 40 hrs/week $193,111Base $163,841 · Other $29,270

BITA ASGHARIOPTOMETRIST · 40 hrs/week $163,093Base $154,493 · Other $8,600

CHIRAG PATELOPTOMETRIST · 40 hrs/week $161,223Base $146,118 · Other $15,105

OLGA TOMASHEVSKAYADIRECTOR OF ENGINEERING · 40 hrs/week $151,463Base $142,712 · Other $8,751

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (17)

SARA YOSTPRESIDENT & CEO

DANIEL BROCKS MDMD, CHIEF MEDICAL OFFICER

KAREN CARRASQUILLO OD PHDSVP OF CLINICAL & PROF AFFAIRS

LAUREL VILLERSCLERK, CHIEF BUSINESS DEVELOPMENT OFFICER

CHERYL SADELICFO/TREASURER

KLIMENTY LEVINSOFTWARE ARCHITECT

ALAN KWOKOPTOMETRIST

BITA ASGHARIOPTOMETRIST

CHIRAG PATELOPTOMETRIST

OLGA TOMASHEVSKAYADIRECTOR OF ENGINEERING

CLIFFORD SCOTT ODDIRECTOR

DONNA DESMONDDIRECTOR

HOWARD PURCELL ODDIRECTOR

MARCUS HUGHES ESQDIRECTOR

MICHAEL RAIZMAN MDDIRECTOR

PAMELA J ANDERSON ESQBOARD CHAIR

RON REMYDIRECTOR

About this charity

Recognized since: January 1993
Location: 464 HILLSIDE AVENUE 205, NEEDHAM, MA 02494
County: Norfolk
In care of: CHERYL SADELI
Primary officer: CHERYL SADELI, CHIEF FINANCIAL OFFICER

How to reach them

WebsiteVisit the charity’s website Phone(781) 726-7337

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: AAFCPAS INC
NTEE classification: Human Services (P80Z)