Civic Intelligence

Friends of Aravind Inc DBA Aravind Eye Foundation Inc

EIN 38-3532410 • 501(c)3 • New York, NY

Profile

The purpose of the corporation is to engage in such activity as may be necessary, appropriate or otherwise helpful to support, provide assistance to or perform functions of aravind eye hospital and postgraduate institute of ophthamology headquarters in madrai, india (aravind eye hospital). The goal of aravind eye hospital is to eliminate needless blindness. Aravind eye foundation will support aravind eye hospital in working toward that goal:(a) by promoting aravind eye hospital and communicating its activities in the united states, canada, and europe;(b) by supporting aravind eye hospital directly in service delivery, human resource and organization development, securing equipment and supplies, locating volunteers who meet identified needs and metting other requests of the aravind eye hospital; and(c) by assisting in the spread of "the aravind model" to other places in india and the world.

Refreshing map…

447 East 57th Street 7ANew York, NY 10022

www.aravindeyefoundation.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

7th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE E • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

7th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE E • $5M-$10M nonprofits • Source year 2024

Net Margin

89th percentile

38%

Higher net margin than 89% of similar nonprofits.

NTEE E • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

17th percentile

$15,282

Higher top officer pay than 17% of similar nonprofits.

Top officer pay equals 1.8% of source-year revenue.

NTEE E • $5M-$10M nonprofits • Source year 2024

Asset Growth

52nd percentile

5.6%

Faster asset growth than 52% of similar nonprofits.

NTEE E • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

2nd percentile

-82%

Faster revenue growth than 2% of similar nonprofits.

NTEE E • $5M-$10M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets7th percentile

Assets

Up

$7,487,556

Up $400,043 (+5.6%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$7,487,556

Up $400,043 (+5.6%) from 2023

Operations
Liabilities / Revenue7th percentileNet Margin89th percentile

Revenue

Down

$835,389

Down $3,800,983 (-82%) from 2023

Expenses

Up

$519,098

Up $68,016 (+15%) from 2023

Net Income

Down

$316,291

Down $3,868,999 (-92%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth52nd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$8.0M$6.0M$4.0M$2.0M$0Assets 2008: $567,728Liabilities 2008: $0Net Assets 2008: $567,7282008Assets 2010: $744,171Liabilities 2010: $6,500Net Assets 2010: $737,6712010Assets 2011: $814,554Liabilities 2011: $6,825Net Assets 2011: $807,7292011Assets 2012: $619,460Liabilities 2012: $6,825Net Assets 2012: $612,6352012Assets 2013: $2,118,722Liabilities 2013: $7,200Net Assets 2013: $2,111,5222013Assets 2014: $2,708,470Liabilities 2014: $7,600Net Assets 2014: $2,700,8702014Assets 2015: $1,826,175Liabilities 2015: $57,923Net Assets 2015: $1,768,2522015Assets 2016: $1,151,459Liabilities 2016: $7,600Net Assets 2016: $1,143,8592016Assets 2017: $3,655,303Liabilities 2017: $41,502Net Assets 2017: $3,613,8012017Assets 2018: $2,811,768Liabilities 2018: $28,276Net Assets 2018: $2,783,4922018Assets 2019: $3,041,771Liabilities 2019: $22,796Net Assets 2019: $3,018,9752019Assets 2020: $4,079,307Liabilities 2020: $0Net Assets 2020: $4,079,3072020Assets 2021: $3,018,003Liabilities 2021: $3,108Net Assets 2021: $3,014,8952021Assets 2022: $2,764,816Liabilities 2022: $36,765Net Assets 2022: $2,728,0512022Assets 2023: $7,087,513Liabilities 2023: $0Net Assets 2023: $7,087,5132023Assets 2024: $7,487,556Liabilities 2024: $0Net Assets 2024: $7,487,5562024

Highlighted filing

2024

Assets$7,487,556
Liabilities$0
Net Assets$7,487,556
Open 2024 Filing

Operations Trend

Revenue Growth2nd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2008: $58,7932008Expenses 2010: $1,195,5662010Revenue 2011: $483,079Expenses 2011: $405,087Net Income 2011: $77,9922011Expenses 2012: $346,4592012Revenue 2013: $1,756,317Expenses 2013: $279,316Net Income 2013: $1,477,0012013Revenue 2014: $1,609,257Expenses 2014: $1,010,297Net Income 2014: $598,9602014Revenue 2015: $283,157Expenses 2015: $1,192,720Net Income 2015: -$909,5632015Revenue 2016: $410,624Expenses 2016: $1,091,410Net Income 2016: -$680,7862016Revenue 2017: $3,144,278Expenses 2017: $712,221Net Income 2017: $2,432,0572017Revenue 2018: $334,580Expenses 2018: $1,042,936Net Income 2018: -$708,3562018Revenue 2019: $996,369Expenses 2019: $957,818Net Income 2019: $38,5512019Revenue 2020: $1,484,783Expenses 2020: $586,022Net Income 2020: $898,7612020Revenue 2021: $454,694Expenses 2021: $1,609,075Net Income 2021: -$1,154,3812021Revenue 2022: $563,859Expenses 2022: $477,312Net Income 2022: $86,5472022Revenue 2023: $4,636,372Expenses 2023: $451,082Net Income 2023: $4,185,2902023Revenue 2024: $835,389Expenses 2024: $519,098Net Income 2024: $316,2912024

Highlighted filing

2024

Revenue$835,389
Expenses$519,098
Net Income$316,291
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$7,487,556
Liabilities
$0
Net assets
$7,487,556
Revenue
$835,389
Expenses
$519,098
Net income
$316,291
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.49$0.00$7.49$0.84$0.52$0.32
2023Detailed filing. Detailed filing data is available for this year.$7.09$0.00$7.09$4.64$0.45$4.19
2022Detailed filing. Detailed filing data is available for this year.$2.76$0.04$2.73$0.56$0.48$0.09
2021Detailed filing. Detailed filing data is available for this year.$3.02$0.00$3.01$0.45$1.61$1.15
2020Detailed filing. Detailed filing data is available for this year.$4.08$0.00$4.08$1.48$0.59$0.90
2019Detailed filing. Detailed filing data is available for this year.$3.04$0.02$3.02$1.00$0.96$0.04
2018Detailed filing. Detailed filing data is available for this year.$2.81$0.03$2.78$0.33$1.04$0.71
2017Detailed filing. Detailed filing data is available for this year.$3.66$0.04$3.61$3.14$0.71$2.43
2016Detailed filing. Detailed filing data is available for this year.$1.15$0.01$1.14$0.41$1.09$0.68
2015Detailed filing. Detailed filing data is available for this year.$1.83$0.06$1.77$0.28$1.19$0.91
2014Detailed filing. Detailed filing data is available for this year.$2.71$0.01$2.70$1.61$1.01$0.60
2013Detailed filing. Detailed filing data is available for this year.$2.12$0.01$2.11$1.76$0.28$1.48
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.62$0.01$0.61$0.35
2011Summary only. Only limited summary data is available for this year.$0.81$0.01$0.81$0.48$0.41$0.08
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.74$0.01$0.74$1.20
2008Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.57$0.00$0.57$0.06
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 2, 2025
Return Version
2024v5.2
Gross Receipts
$835,389
Mission and Program Overview

Mission

THE PURPOSE OF THE CORPORATION IS TO ENGAGE IN SUCH ACTIVITY AS MAY BE NECESSARY, APPROPRIATE OR OTHERWISE HELPFUL TO SUPPORT, PROVIDE ASSISTANCE TO OR PERFORM FUNCTIONS OF ARAVIND EYE HOSPITAL AND POSTGRADUATE INSTITUTE OF OPHTHAMOLOGY HEADQUARTERS IN MADRAI, INDIA (ARAVIND EYE HOSPITAL). THE GOAL OF ARAVIND EYE HOSPITAL IS TO ELIMINATE NEEDLESS BLINDNESS. Aravind Eye Foundation WILL SUPPORT ARAVIND EYE HOSPITAL IN WORKING TOWARD THAT GOAL:(A) BY PROMOTING ARAVIND EYE HOSPITAL AND COMMUNICATING ITS ACTIVITIES THROUGHOUT THE WORLD;(B) BY SUPPORTING ARAVIND EYE HOSPITAL DIRECTLY IN SERVICE DELIVERY, HUMAN RESOURCE AND ORGANIZATION DEVELOPMENT, SECURING EQUIPMENT AND SUPPLIES, LOCATING VOLUNTEERS WHO MEET IDENTIFIED NEEDS AND METTING OTHER REQUESTS OF THE ARAVIND EYE HOSPITAL; AND(C) BY ASSISTING IN THE SPREAD OF "THE ARAVIND MODEL" TO OTHER PLACES IN INDIA AND THE WORLD.

The Friends of Aravind, Inc., founded in 2000 and doing business as the Aravind Eye Foundation, Inc. ("AEF") since 2011, is a not-for-profit organization that helps the Aravind Eye Care System ("AECS") in India spread its model of sustainable, high-quality eye care to India's rural populations and to other developing countries. AEF provides funding for capacity building, community outreach, training and education, and medical research to help AECS achieve its vision of eliminating needless blindness worldwide. AEF makes grants to provide eye glasses to underprivileged school children in the India states of Tamil Nadu and Pondicherry; to treat patients for eye cancer, corneal ulcers, and ocular trauma; and to provide equipment and training to eye hospitals and vision centers in South Asia and Africa.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$4,690,235$4,692,082▲ $1,847
Investments in Publicly Traded Securities$2,106,013$2,595,746▲ $489,733
Cash and Non-Interest-Bearing Accounts$130,705$162,240▲ $31,535
Savings and Temporary Cash Investments$80,020$20,025▼ $59,995
Prepaid Expenses and Deferred Charges$9,917$11,259▲ $1,342
Pledges and Grants Receivable$70,623$6,204▼ $64,419
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Program Related-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$7,087,513$7,487,556▲ $400,043
Other Assets Total-$0-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$5,515,272$5,742,060▲ $226,788
Net Assets With Donor Restrictions$1,572,241$1,745,496▲ $173,255
Total Net Assets Fund Balance$7,087,513$7,487,556▲ $400,043
Total Liabilities and Net Assets / Fund Balance$7,087,513$7,487,556▲ $400,043

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$1,311,597-▲ $117,769-$1,429,366
2023$1,151,220-▲ $161,263-$1,311,597
2022$1,362,391-▼ $210,551-$1,151,220
2021$1,260,487-▲ $102,402-$1,362,391
2020$1,119,967-▲ $141,056-$1,260,487
Compensation and Service Providers
Top Officer Pay17th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Donna CampbellExecutive DirectorPT$15,282$15,282

Board Members and Trustees

NameTitle
Dr R Christine MeltonPresident
Dr Anandi NagarajanVice President
Dr Sachin GuptaVice President
DR ARAVIND SrinivasanBoard Member
Dr Alan RobinBoard Member
Dr MEENA ROBERTSBoard Member
Dr RD RavindranBoard Member
John SamuelBoard Member
Lady Neelam Sekhri FeachemBoard Member
Ms Kathy StilloBoard Member
Sriram ViswanathanBoard Member
THULSIRAJ RavillaBoard Member
Pavithra MehtaSec/Tres
Chitra PrasadTREASURER/Secre
Revenue and Support

Revenue Composition

Contributions and Grants
$475,088
Program Service Revenue
$0
Investment Income
$358,746
Other Revenue
$1,555
All Other Contributions
$475,088
Change in Net Assets
$316,291

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table1$80,875Ins. Co. Valuation
Total Noncash Contributions1$80,875-

Audited Revenue Reconciliation

Revenue per Audited Statements
$835,389
Revenue Not Reported on Form 990
$83,752
Total Revenue per Audited Statements
$919,141
Total Revenue per Form 990
$835,389
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$430,009
Salaries, Compensation, and Employee Benefits$55,112
Other Expenses$33,977
Total Fundraising Expense$22,778
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$430,009--$430,009
Current Officers, Directors, Trustees, and Key Employees$17,000$17,000$17,000$51,000
Office Expenses-$12,370$807$13,177
Fees for Services Accounting-$12,196-$12,196
Travel$3,525-$2,852$6,377
Other Employee Benefits$1,071$1,071$1,070$3,212
Fees for Services Other$749$729$749$2,227
Payroll Taxes$300$300$300$900
Total Functional Expenses$452,654$43,666$22,778$519,098

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$519,098
Total Expenses per Audited Statements$519,098
Total Expenses per Form 990$519,098
International Activity

International Summary

Spending
$430,009

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
South Asia - IndiaGrants to Recipients-00$430,009
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“Thulasiraj ravilla and r.d. Ravindran are brothers. They are married to nieces of the founder dr. G. Venkataswamy.srinivasan aravind is their cousin by marrige, and pavi mehta is their niece by marriage.”

Form 990, Part VI, Section B, Line 11B

“The organization's form 990 is sent to the board for review prior to filing.”

Form 990, Part VI, Section B, Line 12C

“A QUESTIONNAIRE IS DISTRIBUTED TO THE BOARD ANNUALLY REGARDING THE EXISTENCE OF ANY CONFLICT OF INTEREST ISSUES. EACH BOARD MEMBER SIGNS THE QUESTIONNAIRE INDICATING HIS/HER UNDERSTANDING OF THE POLICY and the Board President reviews the responses.”

Form 990, Part VI, Section B, Line 15A

“The executive committee of the Board reviewed public information on Executive Director responsibilities and salaries and determined the initial base salary for a part-time Executive Director, given current responsibilities. The salary level was approved by the finance committee.”

Form 990, Part VI, Section C, Line 18

“Aravind Eye Foundation'S FORM 990 IS ALSO AVAILABLE AT WWW.GUIDESTAR.ORG.”

Form 990, Part VI, Section C, Line 19

“Aravind Eye Foundation MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.”

Filing and Contact Details

Filer

Filer Name
Friends of Aravind Inc
EIN
38-3532410
Phone
9174124742
Address
447 EAST 57TH STREET 7A, NEW YORK, NY 10022

Signing Officer

Name
Dr R Christine Melton
Title
President
Signed
2025-09-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr R Christine Melton
Formed
2000
Legal Domicile
Mi
Voting Board Members
13
Independent Board Members
12
Employees
1
Volunteers
1

Preparer

Firm
Gruber Palumberi Raffaele Fried CPAs PC
Address
7 Penn Plaza Suite 310, New York, NY 10001
Preparer
M Carline Logerie CPA
Phone
2125860800
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

“The board is responsible for the selection of the independent public accountant and oversight of the audit. This process has not changed from prior years.”

Financial Statement Notes

Part X : FIN48 Footnote

“Generally accepted accounting principles require that a tax position be recognized or derecognized based on a "more likely than not" threshold. This applies to positions taken or expected to be taken in a tax return. The adoption of this guidance did not have an impact on the AEF's financial statements, as management believes that there are no uncertain tax positions within its financial statements. AEF has processes presently in place to ensure the maintenance of its tax-exempt status; to identify and report unrelated income; determine its filing and tax obligations in jurisdictions for which it has nexus; and to review other matters that may be considered tax positions.AEF's Forms 990, Return of Organization Exempt for Income Tax, for the years ending December 31, 2021, 2022, and 2023 are subject to examination by the IRS, generally for three years after they were filed.”

Raw XML AppendixShowing 400 of 592 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/MissionDesc0THE PURPOSE OF THE CORPORATION IS TO ENGAGE IN SUCH ACTIVITY AS MAY BE NECESSARY, APPROPRIATE OR OTHERWISE HELPFUL TO SUPPORT, PROVIDE ASSISTANCE TO OR PERFORM FUNCTIONS OF ARAVIND EYE HOSPITAL AND POSTGRADUATE INSTITUTE OF OPHTHAMOLOGY HEADQUARTERS IN MADRAI, INDIA (ARAVIND EYE HOSPITAL). THE GOAL OF ARAVIND EYE HOSPITAL IS TO ELIMINATE NEEDLESS BLINDNESS. Aravind Eye Foundation WILL SUPPORT ARAVIND EYE HOSPITAL IN WORKING TOWARD THAT GOAL:(A) BY PROMOTING ARAVIND EYE HOSPITAL AND COMMUNICATING ITS ACTIVITIES THROUGHOUT THE WORLD;(B) BY SUPPORTING ARAVIND EYE HOSPITAL DIRECTLY IN SERVICE DELIVERY, HUMAN RESOURCE AND ORGANIZATION DEVELOPMENT, SECURING EQUIPMENT AND SUPPLIES, LOCATING VOLUNTEERS WHO MEET IDENTIFIED NEEDS AND METTING OTHER REQUESTS OF THE ARAVIND EYE HOSPITAL; AND(C) BY ASSISTING IN THE SPREAD OF "THE ARAVIND MODEL" TO OTHER PLACES IN INDIA AND THE WORLD.
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IRS990/ProgSrvcAccomActy2Grp/Desc0Spectacles for ScholarsAravinds 117 Rural Vision Centers cover a population of approximately 12 million and can provide 90% of basic vision care, from vision screening and spectacles to surgical follow-up. All patients are first seen by highly trained technicians, followed by a telemedicine visit with an ophthalmologist, who reviews results and prescribes treatment.Twenty-one centers have been funded by the Aravind Eye Foundation since 2011; this past year nearly 200,000 patients visited and more than 25,000 received eye glasses from these centers.The most common vision problem in the world can be solved with the simplest solution a pair of eyeglasses. Aravinds Spectacle for Scholars program screened 304,032 students and 13,280 received free spectacles.
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IRS990/ProgSrvcAccomActy3Grp/Desc0School Screen at VCThe foundation continues to support work to integrate school screening into vision centers. This program seeks to reach students who might be missed by traditional school screenings and to raise awareness about the importance of eyecare within the whole community. This past year, the programs in Madurai and Tirunelveli screened 76,673 students from 362 schools and referred 7,081 children for follow-up at their local vision center.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0Ring of HopeEye cancer requires expensive, complex and lengthy care, involving family counseling, radiology and imaging, surgery, chemotherapy, rehabilitative care, and genetic testing. Through the Ring of Hope, full treatment to children and adults with eye cancers is provided completely free of cost. This year treatment for 69 new patients and 1980 follow-up visits were delivered.Corneal Ulcers are a common affliction among farmers and day laborers, who are most at risk and may struggle to pay for the medicines and travel costs essential for follow-up care. To date the foundation has supported 1521 patients.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc4Aravind Eye Foundation SUPPORTS THE ARAVIND EYE CARE SYSTEM IN ITS MISSION TO ELIMINATE NEEDLESS BLINDNESS BY FUNDING ITS PROJECT DIVISIONS INCLUDING capacity building, community outreach, RESEARCH, training and EDUCATION, spectacles for school children, AND RING OF HOPE, WHICH provides treatment for children with eye cancer.
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