Childrens Eye Foundation
- Assets
- $2.7m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 0
- Location
- Roseville, MN
- Founding
- 06/1971
- Data as of
- 12/2021
- EIN
- 23-7116400
Organization Overview
Childrens Eye Foundation is located in Roseville, MN. The organization was established in 1971. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Childrens Eye Foundation 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, Childrens Eye Foundation generated $1.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 10.0% each year. All expenses for the organization totaled $945.7k during the year ending 12/2021. While expenses have increased by 3.7% 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
TO END PREVENTABLE VISION LOSS IN CHILDREN AND TO SUPPORT THE MISSION OF AAPOS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CEF/FAAPOS WORKS TO ELIMINATE PREVENTABLE VISION LOSS IN CHILDREN AND SUPPORT THE MISSION OF AAPOS THROUGH VARIOUS GLOBAL PHILANTHROPIC AND EDUCATIONAL INITIATIVES. SUCH EXAMPLES INCLUDE: (I) THE "ALL CHILDREN SEE" PROGRAM, WHICH IS A PUBLIC SERVICE PROGRAM THAT MATCHES PATIENTS WITH QUALIFIED OPHTHALMOLOGISTS WHO PROVIDE FREE, COMPREHENSIVE EYE EXAMS TO CHILDREN WHO HAVE FAILED A VISION SCREENING OR HAVE OTHER CONCERNING EYE CONDITIONS; (II) THE GLOBAL EDUCATION & TRAINING INITIATIVE, WHICH FOCUSES ON ENGAGING INTERNATIONAL PHYSICIANS FROM UNDERSERVED AREAS OF THE WORLD IN TRAINING ALONGSIDE AAPOS MEMBERS IN THE US; (III) THE "STOP INFANT BLINDNESS IN AFRICA" PROGRAM, WHICH DEVELOPS PROTOCOLS, EDUCATIONAL MATERIALS, AND SCREENING TECHNIQUES, AS WELL AS TO PROVIDE EQUIPMENT TO NEONATAL CENTERS IN AFRICA WHICH (ONCE EXECUTED) WILL GIVE MANY THOUSANDS OF CHILDREN THE JOY OF SIGHT FOR LIFE; AND (IV) THE "VISION THROUGH MUSIC" PROGRAM, IN WHICH THE ORGANIZATION HAS JOINED EFFORTS WITH THE ACADEMY OF MUSIC FOR THE BLIND TO INCREASE THE NUMBER OF MUSIC TEACHERS WHO WORK WITH BLIND CHILDREN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert S Gold MD VP Elect Thru 6/2021 / Vice Pres. | OfficerTrustee | 1 | $0 |
Oscar A Cruz MD Vice Pres Thru 6/2021 / President | OfficerTrustee | 1 | $0 |
Deborah M Alcorn MD Vice President Elect Start 7/2021 | OfficerTrustee | 1 | $0 |
Eric A Lichtenstein MD Secretary/treasurer | OfficerTrustee | 1 | $0 |
Katherine A Lee MD PHD Pres. Thru 6/2021 / Past Pres. | OfficerTrustee | 1 | $0 |
Jane C Edmond MD Past President Thru 6/2021 | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Kristen Barbarics Consultant - Fundraising Exec Dir | 12/30/21 | $215,002 |
Sf Association Management Services Contract Management Services | 12/30/21 | $114,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,385,981 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,385,981 |
| Total Program Service Revenue | $0 |
| Investment income | $32,569 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,418,550 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $14,821 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $114,500 |
| Fees for services: Legal | $139 |
| Fees for services: Accounting | $11,078 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $215,002 |
| Fees for services: Investment Management | $23,776 |
| Fees for services: Other | $512,625 |
| Advertising and promotion | $0 |
| Office expenses | $18,480 |
| Information technology | $25,583 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $160 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $9,583 |
| Total functional expenses | $945,747 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $885,701 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $28,856 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $19,394 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,789,605 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,723,556 |
| Accounts payable and accrued expenses | $47,386 |
| 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 | $47,386 |
| Net assets without donor restrictions | $1,651,912 |
| Net assets with donor restrictions | $1,024,258 |
| 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 | $2,723,556 |
Grants Awarded
Over the last fiscal year, Childrens Eye Foundation has awarded $586,129 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
CURE GLAUCOMA PURPOSE: Provide relief patients Nepal | $495,439 |
DUKE UNIVERSITY PURPOSE: Medical Research | $43,435 |
CURE GLAUCOMA PURPOSE: Medical Research | $29,547 |
IPOSC PURPOSE: Medical Education Mission | $10,000 |
Seattle, WA PURPOSE: Funds for start up of nonprofit org | $7,708 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Childrens Eye Foundation has recieved totaling $934,800.
| Awarding Organization | Amount |
|---|---|
Knights Templar Eye Foundation Inc Flower Mound, TX PURPOSE: SUPPORT OF THE STOP INFANT BLINDNESS IN AFRICA (SIBA) PROGRAM | $684,800 |
Knights Templar Eye Foundation Inc Flower Mound, TX PURPOSE: EYE RESEARCH GRANT | $250,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Beyond Vision Inc Milwaukee, WI | $23,591,708 | $9,394,034 |
Vision Forward Association Incorporated Milwaukee, WI | $6,770,094 | $2,817,896 |
Duluth Lighthouse For The Blind Inc Duluth, MN | $1,822,072 | $1,499,575 |
Blindness-Learning In New Dimensions Inc Minneapolis, MN | $1,379,551 | $1,622,923 |
Iowa Optometric Association West Des Moines, IA | $3,760,263 | $1,289,293 |
Wisconsin Council Of The Blind & Visually Impaired Inc Madison, WI | $11,120,842 | $1,458,735 |
National Society To Prevent Blindness Milwaukee, WI | $1,000,091 | $878,132 |
Childrens Eye Foundation Roseville, MN | $2,723,556 | $1,418,550 |
Combat Blindness International Inc Madison, WI | $700,105 | $815,137 |
American Council Of The Blind Enterprises And Services Inc Brooklyn Center, MN | $221,780 | $1,106,698 |
Wisconsin Optometric Asociation Madison, WI | $1,750,914 | $749,977 |
Heart Of America Contact Lens Society Inc Creston, IA | $410,073 | $647,803 |