HOUSTON EYE ASSOCIATES FOUNDATION Charity Report

Public IRS 990 nonprofit record

HOUSTON EYE ASSOCIATES FOUNDATION

EIN 76-0046317 · Unknown (Z99)

What they do

HOUSTON EYE ASSOCIATES FOUNDATION is COMMITTED to PRESERVING and RESTORING SIGHT WITH COMPREHENSIVE EYE CARE SURGERIES, MEDICATIONS, and ANCILLARY SERVICES for INDIVIDUALS IN FINANCIAL HARDSHIP; and SUPPORTING EDUCATION and RESEARCH INITIATIVES THAT BENEFIT THE COMMUNITY. THE FOUNDATION COORDINATES PROGRAMS THAT OFFER NO-COST SURGERIES, MEDICATIONS TREATMENT, EYE EXAMS, GLASSES, and VISION SCREENINGS. LOCAL PHYSICIANS and OPHTHALMOLOGISTS DONATE SURGICAL and MEDICAL EYECARE SERVICES and OFFICE VISITS. PRIVATE DONATIONS and MEDICAL PARTNERSHIPS MAKE IT POSSIBLE for THE FOUNDATION to COVER THE PATIENT EXPENSE for GLASSES, MEDICATIONS, HOSPITAL and SURGICAL FEES, and OTHER ANCILLARY EXPENSES. THE FOUNDATION CONDUCTS VISION SCREENINGS IN THE COMMUNITY and AREA SCHOOLS.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $74.70 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

114.15%of revenue went to mission work74.7% of expenses · Program services

17.07%of revenue went to fundraising11.2% of expenses

$152.90spent for every $100 of revenueSpending was higher than revenue this year.

21.68%of revenue went to management and office costs14.2% of expenses

$4.71in assets for every $1 spent this yearSome assets cannot be spent right away.

46.6%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

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.

Worth asking: Expenses exceeded revenue by $205,345 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $99,231 for ELLEN EFSIC (EXECUTIVE DIRECTOR). 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$388,147

Mission workProgram services$443,089114.15% of revenue74.7% of expenses

ManagementOffice and general costs$84,15421.68% of revenue14.2% of expenses

FundraisingAsking for donations$66,24917.07% of revenue11.2% of expenses

Total expenses$593,492152.90% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

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: 74.7% mission · 14.2% management · 11.2% fundraisingTotal expenses: 152.90% of revenue

2023Expense mix: 75.3% mission · 14.7% management · 10.0% fundraisingTotal expenses: 317.76% of revenue

2022Expense mix: 77.1% mission · 14.9% management · 8.0% fundraisingTotal expenses: 98.57% of revenue

2021Expense mix: 71.5% mission · 22.5% management · 6.0% fundraisingTotal expenses: 179.78% of revenue

2020Expense mix: 81.4% mission · 12.1% management · 6.5% fundraisingTotal expenses: 42.41% of revenue

2019Expense mix: 82.5% mission · 8.8% management · 8.6% fundraisingTotal expenses: 130.97% of revenue

2018Expense mix: 82.1% mission · 12.7% management · 5.1% fundraisingTotal expenses: 104.29% of revenue

2017Expense mix: 80.6% mission · 14.3% management · 5.1% fundraisingTotal expenses: 83.95% of revenue

Money in and money out

Revenue$388,147

Expenses$593,492

Annual shortfall $205,345 Expenses were higher than revenue 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)$443,089 · 74.7% of expenses

Management and office costs$84,154 · 14.2% of expenses

Fundraising$66,249 · 11.2% of expenses

See all reported dollar amounts

Revenue$388,147

Expenses$593,492

Assets$2,797,952

Income$397,867

Contributions$181,030

Mission work (program services)$443,089

Fundraising$66,249

Management and general$84,154

Executive compensation (total)$92,358

Stocks and bonds$2,511,955

Accounting fees$36,322

Investing fees$7,300

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

ELLEN EFSICEXECUTIVE DIRECTOR · 40 hrs/week $99,231Base $96,487 · Other $2,744

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 (13)

ELLEN EFSICEXECUTIVE DIRECTOR

CHARITY GRANNIS MDDIRECTOR

GWEN JOHNSONDIRECTOR

IRV WISHNOW ODDIRECTOR

JANET BLAKE PHDDIRECTOR

JULIE CAGGIANODIRECTOR

JUSTUS W THOMAS MDSECRETARY

LANIER WHILDENDIRECTOR

MARK C VITAL MD FACSDIRECTOR

NOEL FOREMANDIRECTOR

SAMIH ELCHAHAL MDDIRECTOR

TIM KOVOOR MDDIRECTOR

WILLIAM H QUAYLE MDPRESIDENT

About this charity

Recognized since: January 1983
Location: 7155 OLD KATY ROAD SUITE S110, HOUSTON, TX 770242270
County: Harris
In care of: WILLIAM QUAYLE
Primary officer: WILLIAM QUAYLE, PRESIDENT

How to reach them

WebsiteVisit the charity’s website Phone(713) 558-8740

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: WEINSTEIN SPIRA & COMPANY PC
NTEE classification: Unknown (Z99)
IRS tax category: Unknown