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Health : Treatment and Prevention Services (Grantmaking)

Sankara Eye Foundation, USA

Help us eradicate curable blindness

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Impact Information Available
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four stars

100.00

1900 McCarthy Boulevard Suite 302
Milpitas, CA 95035
tel: (866) 726-5272   Web Site
EIN: 77-6141976

Board Leadership
Murali Krishnamurthy
Executive Chairman

CEO
Murali Krishnamurthy
Executive Chairman

  Score
(out of 100)
Rating
Overall Score & Rating 100.00 four stars
  Financial 100.00 four stars
  Accountability & Transparency 100.00 four stars
This rating was published 05/01/2018 and includes data from FY2016, the most recent 990 received at that time.

Founded in 1998, the mission of the Sankara Eye Foundation, USA (SEF, USA) is to realize the goal of eradicating curable blindness in India. We initiate and drive community eye care activities in India by working with eye care organizations such as Sankara Eye Foundation, India which runs Sankara Eye Hospitals across India.. SEF USA has increased the number of specialty eye care hospitals from 1 in 1998 to 9 by 2017. The number of free eye surgeries is performed at an annual rate of 160,000 as of 2017. The goal is to perform 500,000 free eye surgeries per year. SEF has performed over 1.66 million free eye surgeries as of Nov 30, 2017.

Founded in 1998, the mission of the Sankara Eye Foundation, USA (SEF, USA) is to realize the goal of eradicating curable blindness in India. We initiate and drive community eye care activities in India by working with eye care organizations such as Sankara Eye Foundation, India which runs Sankara Eye Hospitals across India.. SEF USA has increased the number of specialty eye care hospitals from 1 in 1998 to 9 by 2017. The number of free eye surgeries is performed at an annual rate of 160,000 as of 2017. The goal is to perform 500,000 free eye surgeries per year. SEF has performed over 1.66 million free eye surgeries as of Nov 30, 2017.

Impact Information

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This impact information is current as of November 2017, when it was provided to us by GlobalGiving. Impact information published on this organization’s rating page has no effect on its rating at this time. Further, the availability of GG Rewards information has no effect on Charity Navigator's evaluation of GlobalGiving. All CN ratings are calculated based solely on the methodology outlined here. data iconLearn More

Financial

four stars

100.00

Accountability & Transparency

four stars

100.00

This rating was published 05/01/2018 and includes data from FY2016, 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)
86.4%
  Administrative Expenses 6.5%
  Fundraising Expenses 7.0%
  Fundraising Efficiency $0.06
  Working Capital Ratio (years) 1.16
  Program Expenses Growth 17.9%
  Liabilities to Assets 1.3%
All data for Financial Performance Metrics calculations was provided by Sankara Eye Foundation, USA on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Sankara Eye Foundation, USA on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Sankara Eye Foundation, USA (CA) 100.00 four stars
John Muir Health Foundation (CA) 91.45 four stars
ALSAC - St. Jude Children's Research Hospital (TN) 91.04 four stars
Jonsson Cancer Center Foundation (CA) 92.38 four stars
American Friends of ALYN Hospital (NY) 89.11 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $5,315,253
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $0
Total Contributions $5,315,253
   Program Service Revenue $0
Total Primary Revenue $5,315,253
   Other Revenue $162,026
TOTAL REVENUE $5,477,279
   
EXPENSES  
   Program Expenses $3,992,750
   Administrative Expenses $391,087
   Fundraising Expenses $383,496
TOTAL FUNCTIONAL EXPENSES $4,767,333
   
Payments to Affiliates $0
Excess (or Deficit) for the year $709,946
   
Net Assets $7,056,426

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
Financial Support $3,992,750 100.0%

Ratings History
Sankara Eye Foundation, USA has received 6 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2016-12 05/01/2018 100.00 four stars
2015-12 07/01/2017 92.92 four stars
2014-12 06/01/2016 96.66 four stars
 
CN 2.0
2014-12 04/01/2016 94.92 four stars
2013-12 07/01/2015 96.15 four stars
2012-12 02/01/2014 97.12 four stars
2011-12 02/01/2013 93.00 four stars
2010-12 04/01/2012 83.05 three stars
2009-12 09/20/2011 72.29 two stars
 
CN 1.0
2009-12 05/01/2011 85.03 three stars
2008-12 02/01/2010 93.75 four stars
2007-12 03/01/2009 96.10 four stars
2006-12 03/01/2008 86.30 three stars
2005-12 11/01/2006 88.08 three stars
2004-12 11/01/2005 93.68 four 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 77-6141976
Name in IRS Master File SANKARA EYE FOUNDATION USA
NTEE Code E35
NTEE Classification [Not Provided by IRS]
NTEE Type [Not Provided by IRS]
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (995) Described in section 509(a)(2) of the Code
(602) Gifts, grants, or loans to other organizations
(910) Domestic organization with activities outside U.S.
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
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 May, 1998
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, 2016
  • December, 2015
  • December, 2014
  • December, 2013
  • December, 2012

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).

Compensation % of Expenses Paid to Title
$115,200 2.41% K. Muralidharan Executive Chairman

Highly Rated

Charity Name & State Overall Score Overall Rating
Sankara Eye Foundation, USA (CA) 100.00 four stars
Children's Hospital Guild Association (WA) 86.84 three stars
Virginia Mason Health System (WA) 89.12 three stars
Riley Children's Foundation (IN) 88.83 three stars
Children's Hospital of Wisconsin Foundation (WI) 87.65 three stars

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This charity has an official representative registered with Charity Navigator.

Charity Contact Info

Sankara Eye Foundation, USA
1900 McCarthy Boulevard
Suite 302
Milpitas, CA 95035
tel: (866) 726-5272
fax: (408) 456-0790
EIN: 77-6141976

Visit Web Site

Board Leadership

Murali Krishnamurthy
Executive Chairman

CEO

Murali Krishnamurthy
Executive Chairman

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