Himalayan Cataract Project Inc
- Assets
- $19.4m
- Revenue
- $12.7m
- Investments
- $0.0
- Employees
- 30
- Location
- Waterbury, VT
- Founding
- 11/1999
- Data as of
- 12/2021
- EIN
- 03-0362926
Organization Overview
Himalayan Cataract Project Inc is located in Waterbury, VT. The organization was established in 1999. According to its NTEE Classification (Q30) the organization is classified as: International Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2021, Himalayan Cataract Project Inc employed 30 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Himalayan Cataract Project Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Himalayan Cataract Project Inc generated $12.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.0% each year. All expenses for the organization totaled $8.7m during the year ending 12/2021. While expenses have increased by 4.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE PART III, LINE 1.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ETHIOPIA: IN 2021, HCP DIRECTLY SUPPORTED ITS PARTNERS IN ETHIOPIA IN PROVIDING OVER 19,000 OUTREACH SURGERIES THROUGH HCP SUPPORTED OUTREACHES. HCP SUPPORTED 146 TRAINING OPPORTUNITIES FOR ETHIOPIAN OPHTHALMIC PROFESSIONALS IN 2021, WHILE ALSO PROCURING SPECIALIZED OPHTHALMIC SUPPLIES FOR 24 DIFFERENT PARTNER INSTITUTIONS. HCP CONTINUES TO SUPPORT CORNEA AND EYE BANK DEVELOPMENT WHILE ALSO ADVOCATING FOR ADDITIONAL HUMAN AND FINANCIAL RESOURCES DEDICATED TO EYE CARE THROUGH PARTICIPATION IN NATIONAL EYE HEALTH PLANNING AND SURVEYS. ADDITIONALLY, HCP BEGAN CONSTRUCTION ON A SPECIALTY EYE CENTER IN ETHIOPIA.
NEPAL: CONTINUED SUPPORT FOR LONGTIME PARTNER, THE TILGANGA INSTITUTE OF OPHTHALMOLOGY, TO HELP IN OUR COLLECTIVE EFFORTS OF STRENGTHENING EYE CARE IN NEPAL, INDIA, MYANMAR AND INDONESIA. TILGANGA OVERSEES ITS MAIN TRAINING HOSPITAL IN KATHMANDU AND 18 SATELLITE CLINICS THROUGHOUT RURAL NEPAL. IN 2021, HCP DIRECTLY SUPPORTED OVER 2,000 SURGERIES AT TILGANGA.
GHANA: CONTINUED SUPPORT FOR IMPLEMENTING PARTNERS IN GHANA WHO PERFORMED NEARLY 12,000 SURGERIES THROUGH HCP SUPPORTED OUTREACH EVENTS, WHILE PROVIDING TRAINING OPPORTUNITIES FOR 120 EYE CARE PROFESSIONALS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Job C Heintz Chief Executive Officer | Officer | 50 | $248,192 |
Emily R Newick Interim CEO | Officer | 50 | $167,396 |
William Shields Global Director Of Technology | 40 | $151,833 | |
Jeff Lively General Council | 40 | $128,750 | |
Alex Smith Davis Chief Of Programs | 40 | $128,750 | |
Jackton Downard Director Of Finance | 40 | $120,950 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $317,454 |
| All other contributions, gifts, grants, and similar amounts not included above | $11,779,958 |
| Noncash contributions included in lines 1a–1f | $442,446 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,097,412 |
| Total Program Service Revenue | $248,401 |
| Investment income | $130,988 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $214,030 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,691,566 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $4,690,060 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $482,623 |
| Compensation of current officers, directors, key employees. | $270,991 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,751,318 |
| Pension plan accruals and contributions | $61,280 |
| Other employee benefits | $260,698 |
| Payroll taxes | $156,241 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $26,816 |
| Fees for services: Accounting | $79,281 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $41,029 |
| Fees for services: Other | $51,883 |
| Advertising and promotion | $0 |
| Office expenses | $131,317 |
| Information technology | $160,216 |
| Royalties | $0 |
| Occupancy | $144,907 |
| Travel | $82,693 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $7,034 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,568 |
| Insurance | $0 |
| All other expenses | $47,436 |
| Total functional expenses | $8,680,654 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $8,719,235 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,448,569 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,296,305 |
| Prepaid expenses and deferred charges | $63,162 |
| Net Land, buildings, and equipment | $828,165 |
| Investments—publicly traded securities | $6,634,628 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $404,783 |
| Total assets | $19,394,847 |
| Accounts payable and accrued expenses | $855,259 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $855,259 |
| Net assets without donor restrictions | $14,106,150 |
| Net assets with donor restrictions | $4,433,438 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $19,394,847 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Himalayan Cataract Project Inc has recieved totaling $73,000.
| Awarding Organization | Amount |
|---|---|
Gordon Gund And Llura Liggett Gund 1993 Charitable Foundation Princeton, NJ PURPOSE: SUPPORT THE CHARITABLE PURPOSE OF THE ORGANIZATION | $50,000 |
Emmerich Foundation Jordan, MN PURPOSE: GENERAL SUPPORT | $15,000 |
Mgn Foundation Tr Wilmington, DE PURPOSE: IMPROVED ACCESS TO EYE HEALTH SERVICES IN NEPAL | $5,000 |
The Barr Fund Chicago, IL PURPOSE: GENERAL FUND | $2,500 |
Waterham Fdn Tua Tr Dallas, TX PURPOSE: UNRESTRICTED GENERAL | $500 |
Endowment Analysis
| Beg. Balance | $4,296,133 |
| Earnings | $354,438 |
| Ending Balance | $4,650,571 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Trustees Of Robert College Of Istanbul New York, NY | $10,685,892 | $20,101,446 |
American Community School At Beirut -Lebanon New York, NY | $38,176,805 | $18,283,695 |
Global Hunger Project New York, NY | $18,451,641 | $18,515,873 |
Womens World Banking Inc New York, NY | $45,990,561 | $24,725,214 |
Innovation Africa New York, NY | $6,054,720 | $16,340,258 |
Near East Foundation Syracuse, NY | $16,218,674 | $15,526,282 |
Amref Health Africa Inc New York, NY | $11,305,543 | $22,534,673 |
British Schools And Universities Foundation Inc New York, NY | $4,352,409 | $13,471,425 |
Amit Children Inc New York, NY | $14,766,891 | $9,699,451 |
Sofia American Schools Inc New York, NY | $18,766,081 | $8,581,010 |
Himalayan Cataract Project Inc Waterbury, VT | $19,394,847 | $12,691,566 |
Empower-Emerging Markets Foundation New York, NY | $11,350,043 | $8,896,356 |