Lions Eye Bank Of Delaware Valley

Organization Overview

Lions Eye Bank Of Delaware Valley is located in Philadelphia, PA. The organization was established in 1958. According to its NTEE Classification (G41) the organization is classified as: Eye Diseases, Blindness & Vision Impairments, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 06/2021, Lions Eye Bank Of Delaware Valley employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lions Eye Bank Of Delaware Valley 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 06/2021, Lions Eye Bank Of Delaware Valley generated $4.9m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $3.9m during the year ending 06/2021. While expenses have increased by 2.2% per year over the past 6 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

LIONS EYE BANK OF DELAWARE VALLEY IS COMMITTED TO ENHANCING A PERSON'S QUALITY OF LIFE BY RESTORING OR IMPROVING VISION THROUGH CORNEAL TRANSPLANTATION, MEDICAL RESEARCH AND EDUCATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

FACILITATING CORNEA TRANSPLANTS THROUGH THE RECOVERY, EVALUATION, PROCESSING AND DISTRIBUTION OF DONATED CORNEAL TISSUE, INFORMING THE PUBLIC OF THE NEED FOR CORNEA DONORS, ARRANGING FOR TRANSPORTATION, CORNEA RESEARCH AND PUBLIC RELATIONS. THIS PROGRAM PROVIDED THE GIFT OF SIGHT TO APPROXIMATELY 1,051 PEOPLE. THE EYE BANK COORDINATED THE RECOVERY OF 1,710 TISSUES FROM 855 DONORS. THESE RECOVERIES RESULTED IN PROVIDING 1,051 CORNEAS FOR SIGHT RESTORING OR IMPROVING CORNEA TRANSPLANT SURGERY. ADDITIONALLY, THE EYE BANK PROVIDED GRATIS TISSUE FOR 73 TRANSPLANT SURGERIES FOR PATIENTS WHO ARE UNINSURED OR UNDERINSURED.


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Board, Officers & Key Employees

Name (title)Compensation
James Quirk
President/ceo
$245,996
Gregory Dorn
Technical Director
$140,000
Ann E Reiver
Ip Chair
$0
Earl Groendyke
Chair
$0
Philip E Shober
Secretary/treasurer
$0
Albert Olizi
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$130
Membership dues$0
Fundraising events$34,410
Related organizations$0
Government grants $325,600
All other contributions, gifts, grants, and similar amounts not included above$171,237
Noncash contributions included in lines 1a–1f $9,898
Total Revenue from Contributions, Gifts, Grants & Similar$531,377
Total Program Service Revenue$3,990,853
Investment income $341,615
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $162
Net Income from Fundraising Events -$969
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $4,863,038

Grants Recieved

Over the last fiscal year, we have identified 10 grants that Lions Eye Bank Of Delaware Valley has recieved totaling $165,949.

Awarding OrganizationAmount
Mary W Geschick Charitable Trust

Las Vegas, NV

PURPOSE: GENERAL OPERATING

$94,500
Mmd Foundation Inc

West Orange, NJ

PURPOSE: MEDICAL

$35,000
Gray Charitable Tr 10201998

New York, NY

PURPOSE: GENERAL OPERATIONS

$15,000
Princeton Area Community Foundation Inc

Lawrenceville, NJ

PURPOSE: in memory of John Hempstead

$15,000
Wilmington Manor Lions Service Foundation Inc

New Castle, DE

PURPOSE: SIGHT/VISION IMPAIRED

$5,000
Robert Wood Johnson Foundation

Princeton, NJ

PURPOSE: MATCHING GIFTS

$925
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,511,547
Earnings$279,739
Admin Expense$16,183
Other Expense$158,389
Ending Balance$1,616,714

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