AMERICAN SOCIETY OF CATARACT AND REFRACTIVE SURGERY FOUNDATION Charity Report

Public IRS 990 nonprofit record

AMERICAN SOCIETY OF CATARACT AND REFRACTIVE SURGERY FOUNDATION

EIN 23-7388748 · Human Service Organizations (P20)

What they do

THE ASCRS FOUNATION is A 501(C)(3) ORGANIZATION THAT SUPPORTS PHYSICIAN EDUCATION and PROVIDES HUMANITARIAN CATARACT SURGERY IN THE U.S. and ABROAD. THROUGH ITS PROGRAMS and PARTNERSHIPS THE FOUNDATION WORKS to MAXIMIZE THE BENEFITS of MODERN OPHTHALMOLOGY.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $45.30 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 leaders13 people are listed in the latest report.

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

Money made simple

33.36%of revenue went to mission work45.3% of expenses · Program services

0.29%of revenue went to fundraising0.4% of expenses

$73.56spent for every $100 of revenueRevenue covered expenses this year.

39.92%of revenue went to management and office costs54.3% of expenses

$5.54in assets for every $1 spent this yearSome assets cannot be spent right away.

89.8%of its money came from giftsOther money may come from services or investments.

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Is this really the charity? Give only through its official website or confirmed phone number.

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$1,749,655

Mission workProgram services$583,59833.36% of revenue45.3% of expenses

ManagementOffice and general costs$698,43139.92% of revenue54.3% of expenses

FundraisingAsking for donations$5,0660.29% of revenue0.4% of expenses

Revenue left after expensesReported annual surplus$462,56026.44% of revenueShown in gray on the chart

Total expenses$1,287,09573.56% 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: 45.3% mission · 54.3% management · 0.4% fundraisingTotal expenses: 73.56% of revenue

2020Expense mix: 67.6% mission · 27.4% management · 5.0% fundraisingTotal expenses: 93.26% of revenue

2019Expense mix: 89.1% mission · 9.1% management · 1.8% fundraisingTotal expenses: 345.50% of revenue

2018Expense mix: 58.9% mission · 35.6% management · 5.5% fundraisingTotal expenses: 94.14% of revenue

2017Expense mix: 73.3% mission · 23.1% management · 3.5% fundraisingTotal expenses: 58.57% of revenue

2016Expense mix: 67.6% mission · 30.7% management · 1.7% fundraisingTotal expenses: 55.71% of revenue

2015Expense mix: 60.2% mission · 34.4% management · 5.4% fundraisingTotal expenses: 117.69% of revenue

Money in and money out

Revenue$1,749,655

Expenses$1,287,095

Annual surplus $462,560 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)$583,598 · 45.3% of expenses

Management and office costs$698,431 · 54.3% of expenses

Fundraising$5,066 · 0.4% of expenses

See all reported dollar amounts

Revenue$1,749,655

Expenses$1,287,095

Assets$7,133,768

Income$1,753,809

Contributions$1,571,773

Mission work (program services)$583,598

Fundraising$5,066

Grants given$4,167,887

Average grant$35,930

Management and general$698,431

Stocks and bonds$6,942,134

Accounting fees$75,817

People

Leadership and board

Tax year 2024

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

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (13)

ABIGAIL MARKWARDPRINCIPAL OF

ANDREW CHANGBOARD MEMBER

AUDREY ROSTOV MDBOARD MEMBER

BRUCE MALLERBOARD MEMBER

CATHLEEN MCCABE MDBOARD MEMBER

DAVID F CHANG MDBOARD MEMBER

FRANCIS MAH MDBOARD MEMBER

MATT JENSEN MDBOARD MEMBER

MATT OLIVA MDBOARD MEMBER

STAN PLETCHER MDBOARD MEMBER

STEPHEN H SPEARESEXECUTIVE DI

SUSAN MACDONALD MDCHAIRMAN

ZAINA AL-MOHTASEB MDBOARD MEMBER

About this charity

Recognized since: January 2025
Location: 1751 RIVER RUN STE 200 PMB 17013048, FORT WORTH, TX 76107-6670
County: Fairfax
In care of: STEPHEN H SPEARES
Primary officer: STEPHEN H SPEARES, EXECUTIVE DIRECTOR

How to reach them

WebsiteVisit the charity’s website Emailinfo@ascrsfoundation.org Phone(703) 591-2220

Filing and classification

Latest tax year: 2024
Tax period began: September 1, 2024
Return type: 990
Tax preparer: WHITSELL AND COMPANY PC
NTEE classification: Human Service Organizations (P20)
IRS tax category: Arts, Culture & Humanities
Grant-giving organization: Yes