Cincinnati Eye Institute Foundation
Cincinnati Eye Institute Foundation reports a deficit in latest fiscal year despite consistent revenue growth.
EIN: 204418334 · Blue Ash, OH · NTEE: H41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $979K |
| Total Expenses | $803K |
| Program Spending | 85% |
| Net Assets | $568K |
| Transparency Score | 85/100 |
Search Intent Cockpit
Cincinnati Eye Institute Foundation Form 990, Revenue, CEO Pay, and IRS Filing Signals
Cincinnati Eye Institute Foundation is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Cincinnati Eye Institute Foundation in one place.
Form 990 Filing Summary
13 filing years are available, with latest revenue of $609K and expenses of $803K.
Revenue and Expenses
Cincinnati Eye Institute Foundation reported $609K in revenue and $803K in expenses, a deficit of $194K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
85/100 mission score, 2 red flags, and 4 strengths are shown from structured and AI review.
Is Cincinnati Eye Institute Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $683K (85%) |
Across stored filings, Cincinnati Eye Institute Foundation shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 2 red flags identified |
| Mission spend | 85% to programs | Excellent |
| Financial durability | Grade B | 13 stored filing years |
| Peer context | Compare with Alliance Of Independent Academic Medical Centers | Ohio and Category H context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
Open charity check →Peer Benchmark
Compare against real state and category peers.
Compare with Alliance Of Independent Academic Medical Centers →All Ohio nonprofits
All Category H
Local and Sector Spokes
Move into this nonprofit's local market, category, and sector maps.
Blue Ash, OH nonprofitsCategory H in Ohio
Health in Ohio
Follow the Money
Jump into spending, compensation, rankings, and filing-year evidence.
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Category H spending
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Keep the Investigation Moving
Cincinnati Eye Institute Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Cincinnati Eye Institute Foundation
Cincinnati Eye Institute Foundation (EIN: 204418334) is a nonprofit organization based in Blue Ash, OH, classified under NTEE code H41. The organization reported total revenue of $979K and total assets of $671K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cincinnati Eye Institute Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cincinnati Eye Institute Foundation is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $609K |
| Total Expenses | $803K |
| Surplus / Deficit | $-194,330 |
| Total Assets | $692K |
| Total Liabilities | $124K |
| Net Assets | $568K |
| Operating Margin | -31.9% |
| Debt-to-Asset Ratio | 17.9% |
| Months of Reserves | 10.3 months |
Financial Health Grade: B
In 2023, Cincinnati Eye Institute Foundation reported a deficit of $194K with expenses exceeding revenue, holds 10.3 months of operating reserves (strong position), has a debt-to-asset ratio of 17.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Cincinnati Eye Institute Foundation's revenue has grown at a compound annual growth rate (CAGR) of 11.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.2% | +47.9% | -18.9% |
| 2022 | +6.6% | +17.6% | +4.5% |
| 2021 | +18.2% | +18.4% | +9.1% |
| 2020 | +47.1% | -5.8% | -0.1% |
| 2019 | -39.1% | -9.8% | -12.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Cincinnati Eye Institute Foundation with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Cincinnati Eye Institute Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $194K, with expenses exceeding revenue.
- Debt-to-asset ratio: 17.9%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly favorable for directing funds towards the organization's mission.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Cincinnati Eye Institute Foundation's IRS 990 filings:
- Significant deficit in the latest fiscal year (202312), with expenses exceeding revenue by $194,330.
- Increase in liabilities in the most recent filing, from $90,508 in 202212 to $123,642 in 202312.
Strengths
The following positive indicators were identified for Cincinnati Eye Institute Foundation:
- Consistent reporting of 0% officer compensation across all filings, indicating strong resource allocation to mission.
- Healthy asset base ($692,128 in 202312) providing financial stability despite recent deficit.
- Long history of IRS 990 filings (13 filings), demonstrating commitment to transparency.
- Consistent revenue growth trend over several years prior to the 202312 period, indicating strong donor support.
Frequently Asked Questions about Cincinnati Eye Institute Foundation
Is Cincinnati Eye Institute Foundation a legitimate charity?
Cincinnati Eye Institute Foundation (EIN: 204418334) is a registered tax-exempt nonprofit based in Ohio. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $979K. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Cincinnati Eye Institute Foundation spend its money?
Cincinnati Eye Institute Foundation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Cincinnati Eye Institute Foundation tax-deductible?
Cincinnati Eye Institute Foundation is registered as a tax-exempt nonprofit (EIN: 204418334). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Cincinnati Eye Institute Foundation's spending goes to programs?
Cincinnati Eye Institute Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Cincinnati Eye Institute Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Cincinnati Eye Institute Foundation is above average for NTEE category H41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Cincinnati Eye Institute Foundation located?
Cincinnati Eye Institute Foundation is headquartered in Blue Ash, Ohio and files with the IRS under EIN 204418334. It is classified under NTEE code H41.
How many years of IRS 990 filings does Cincinnati Eye Institute Foundation have?
Cincinnati Eye Institute Foundation has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $979K in total revenue.
Why did expenses significantly exceed revenue in the 202312 fiscal period?
The 202312 filing shows expenses of $803,105 against revenue of $608,775, resulting in a deficit. This could be due to increased program activities, one-time expenditures, or a temporary dip in donations, and warrants further investigation into the detailed expense categories.
What is the specific breakdown of program, administrative, and fundraising expenses?
While the provided data indicates overall expenses, a detailed breakdown of how these expenses are allocated across programs, administration, and fundraising is not available in the summary. This information is crucial for a complete assessment of spending efficiency.
How does the organization plan to address the increase in liabilities in 202312?
Liabilities increased to $123,642 in 202312 from $90,508 in 202212. Understanding the nature of these liabilities and the organization's strategy for managing them would provide insight into its financial stability.
Filing History
IRS 990 filing history for Cincinnati Eye Institute Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Cincinnati Eye Institute Foundation's revenue has grown by 251.5%, moving from $173K to $609K. Total assets increased by 95% over the same period, from $355K to $692K. Total functional expenses rose by 507.6%, from $132K to $803K. In its most recent filing year (2023), Cincinnati Eye Institute Foundation reported a deficit of $194K, with expenses exceeding revenue. The organization holds $124K in liabilities against $692K in assets (debt-to-asset ratio: 17.9%), resulting in net assets of $568K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $609K | $803K | $692K | $124K | — | — |
| 2022 | $547K | $543K | $853K | $91K | — | — |
| 2021 | $514K | $462K | $816K | $58K | — | View 990 |
| 2020 | $435K | $390K | $748K | $41K | — | — |
| 2019 | $295K | $414K | $749K | $87K | — | View 990 |
| 2018 | $485K | $459K | $859K | $78K | — | View 990 |
| 2017 | $377K | $361K | $827K | $73K | — | View 990 |
| 2016 | $386K | $289K | $815K | $76K | — | View 990 |
| 2015 | $444K | $246K | $673K | $31K | — | View 990 |
| 2014 | $271K | $162K | $480K | $36K | — | View 990 |
| 2013 | $167K | $182K | $335K | $0 | — | View 990 |
| 2012 | $161K | $166K | $350K | $0 | — | View 990 |
| 2011 | $173K | $132K | $355K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $609K, expenses of $803K, and assets of $692K (revenue +11.2% year-over-year).
- 2022: Revenue of $547K, expenses of $543K, and assets of $853K (revenue +6.6% year-over-year).
- 2021: Revenue of $514K, expenses of $462K, and assets of $816K (revenue +18.2% year-over-year).
- 2020: Revenue of $435K, expenses of $390K, and assets of $748K (revenue +47.1% year-over-year).
- 2019: Revenue of $295K, expenses of $414K, and assets of $749K (revenue -39.1% year-over-year).
- 2018: Revenue of $485K, expenses of $459K, and assets of $859K (revenue +28.7% year-over-year).
- 2017: Revenue of $377K, expenses of $361K, and assets of $827K (revenue -2.3% year-over-year).
- 2016: Revenue of $386K, expenses of $289K, and assets of $815K (revenue -13.1% year-over-year).
- 2015: Revenue of $444K, expenses of $246K, and assets of $673K (revenue +64.0% year-over-year).
- 2014: Revenue of $271K, expenses of $162K, and assets of $480K (revenue +61.7% year-over-year).
- 2013: Revenue of $167K, expenses of $182K, and assets of $335K (revenue +3.7% year-over-year).
- 2012: Revenue of $161K, expenses of $166K, and assets of $350K (revenue -6.8% year-over-year).
- 2011: Revenue of $173K, expenses of $132K, and assets of $355K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cincinnati Eye Institute Foundation:
Data Sources and Methodology
This transparency report for Cincinnati Eye Institute Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.