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International : Development and Relief Services

The Armenian EyeCare Project

Eliminating preventable blindness and its causes in Armenia

four stars

91.82

PO Box 5630 Newport Beach, CA 92662
tel: (949) 933-4069   Web Site
EIN: 47-0850159

Board Leadership
Roger Ohanesian
President

CEO
Leslie Newquist
Executive Director

  Score
(out of 100)
Rating
Overall Score & Rating 91.82 four stars
  Financial 88.44 three stars
  Accountability & Transparency 100.00 four stars
This rating was published 08/01/2017 and includes data from FY2015, the most recent 990 received at that time.

Learn more about how we calculate the overall score and rating.

Financial

three stars

88.44

Accountability & Transparency

four stars

100.00

This rating was published 08/01/2017 and includes data from FY2015, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
79.9%
  Administrative Expenses 9.6%
  Fundraising Expenses 10.3%
  Fundraising Efficiency $0.07
  Working Capital Ratio (years) 2.36
  Program Expenses Growth 1.4%
  Liabilities to Assets 1.5%
All data for Financial Performance Metrics calculations was provided by The Armenian EyeCare Project on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by The Armenian EyeCare Project on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
The Armenian EyeCare Project (CA) 91.82 four stars
The PRASAD Project (NY) 95.55 four stars
Splash International (WA) 92.21 four stars
Rise Against Hunger (NC) 92.92 four stars
World Help (VA) 88.46 three stars

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The Armenian EyeCare Project (AECP) is dedicated to providing the Armenian people ophthalmologic care through five primary programs: (1) direct patient care; (2) medical training and education - including on-site training in Armenia and U.S. ophthalmology fellowships; (3) public education and awareness; (4) research; and (5) strengthening the Armenian eye care delivery system through capacity building. The organization is governed by a volunteer board of directors and funded entirely with private dollars. The mission of the AECP is to eliminate preventable blindness and its causes in Armenia and to make eye care accessible to all.

REVENUE  
Contributions  
   Contributions, Gifts & Grants $1,975,453
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $211,118
   Related Organizations $0
   Government Grants $250,000
Total Contributions $2,436,571
   Program Service Revenue $0
Total Primary Revenue $2,436,571
   Other Revenue $-16,081
TOTAL REVENUE $2,420,490
   
EXPENSES  
   Program Expenses $1,040,746
   Administrative Expenses $164,293
   Fundraising Expenses $180,297
TOTAL FUNCTIONAL EXPENSES $1,385,336
   
Payments to Affiliates $0
Excess (or Deficit) for the year $1,035,154
   
Net Assets $3,496,589

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Direct Medical Care and Surgery $1,040,746 100.0%

Ratings History
The Armenian EyeCare Project has received 2 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2015-12 08/01/2017 91.82 four stars
2014-12 03/01/2017 97.48 four stars
2014-12 06/01/2016 94.44 four stars
 
CN 2.0
2014-12 03/01/2016 88.68 three stars
2013-12 07/01/2015 88.65 three stars
2012-12 03/01/2014 81.96 three stars
2011-12 07/01/2013 79.07 two stars
2011-12 04/01/2013 76.85 two stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 47-0850159
Name in IRS Master File THE ARMENIAN EYECARE PROJECT
NTEE Code G41
NTEE Classification Eye Diseases, Blindness and Vision Impairments
NTEE Type Diseases, Disorders, Medical Disciplines
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities
Foundation Status Organization that normally receives no more than one-third of its support from gross investment income and unrelated business income and at the same time more than one-third of its support from contributions, fees, and gross receipts related to exempt purposes.  509(a)(2)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date March, 2002
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • December, 2015
  • December, 2014
  • December, 2013
  • December, 2012
  • December, 2011

The data displayed in this profile is provided by the IRS for free in the form of Publication 78 and the Business Master File (BMF).

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Compensation % of Expenses Paid to Title
$170,400 12.30% Leslie Newquist Executive Director

The Armenian EyeCare Project (AECP) is dedicated to providing the Armenian people ophthalmologic care through five primary programs: (1) direct patient care; (2) medical training and education - including on-site training in Armenia and U.S. ophthalmology fellowships; (3) public education and awareness; (4) research; and (5) strengthening the Armenian eye care delivery system through capacity building. The organization is governed by a volunteer board of directors and funded entirely with private dollars. The mission of the AECP is to eliminate preventable blindness and its causes in Armenia and to make eye care accessible to all.

Highly Rated

Charity Name & State Overall Score Overall Rating
The Armenian EyeCare Project (CA) 91.82 four stars
OneSight (OH) 93.99 four stars
Hôpital Albert Schweitzer Haiti (PA) 91.29 four stars
Medical Benevolence Foundation (TX) 90.68 four stars
Worldwide Orphans Foundation (NJ) 87.05 three stars

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Charity Contact Info

The Armenian EyeCare Project
PO Box 5630
Newport Beach, CA 92662
tel: (949) 933-4069
fax: (949) 675-5612
EIN: 47-0850159

Visit Web Site

Board Leadership

Roger Ohanesian
President

CEO

Leslie Newquist
Executive Director

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