Central Ohio Lions Eye Bank Inc
- Assets
- $2.3m
- Revenue
- $2.1m
- Investments
- $204.5k
- Employees
- 14
- Location
- Columbus, OH
- Founding
- 11/1974
- Data as of
- 06/2021
- EIN
- 31-0849855
Organization Overview
Central Ohio Lions Eye Bank Inc is located in Columbus, OH. The organization was established in 1974. 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, Central Ohio Lions Eye Bank Inc employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Central Ohio Lions Eye Bank 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 06/2021, Central Ohio Lions Eye Bank Inc generated $2.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $1.8m during the year ending 06/2021. While expenses have increased by 3.1% 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO RESTORE, IMPROVE, AND PRESERVE VISION BY CONNECTING EYE DONORS WITH TRANSPLANT PATIENTS; EDUCATING PHYSICIANS; AND ENHANCING EYE RESEARCH THROUGH QUALITY EYE BANKING SERVICES.
Describe the Organization's Program Activity:
DURING FISCAL YEAR ENDING 2021, MORE THAN 1100 PATIENTS BENEFITED FROM THE EYE BANK'S WORK, RECEIVING CORNEAS FOR SIGHT-RESTORATION TRANSPLANTS AND OTHER DONOR EYE TISSUES FOR SURGERIES TO IMPROVE VISION AND TREAT EYE DISEASES.
THE EYE BANK'S PROFESSIONAL EDUCATION PROGRAM SERVES OVER 40 AREA HOSPITALS, WHERE DESIGNATED STAFF ARE TRAINED TO DISCUSS EYE DONATION WITH THE FAMILIES OF IDENTIFIED POTENTIAL EYE DONORS. THE EYE BANK PROVIDES PROFESSIONAL CONTINUING EDUCATION CREDITS TO NURSES, SOCIAL WORKERS, AND CHAPLAINS.
THE EYE BANK PROVIDED DONOR EYES FOR RESEARCH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jason Brosious Executive Director | Officer | 40 | $139,916 |
Don Robinette Board Chairwoman | OfficerTrustee | 3 | $0 |
Dan Dean Secretary | OfficerTrustee | 1 | $0 |
Carrie Lembach DO Medical Director | OfficerTrustee | 4 | $0 |
Crystal Mccann Treasurer | OfficerTrustee | 1 | $0 |
Richard Lembach MD Trustee | Trustee | 1 | $0 |
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 | $28,256 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $28,256 |
| Total Program Service Revenue | $1,973,317 |
| Investment income | $2,125 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $8,431 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,054,180 |
| 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 | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $155,314 |
| Compensation of current officers, directors, key employees. | $32,990 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $664,971 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $101,212 |
| Payroll taxes | $65,776 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $63,629 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,553 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $52,412 |
| Travel | $7,389 |
| 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 | $29,209 |
| Insurance | $21,365 |
| All other expenses | $44,432 |
| Total functional expenses | $1,804,482 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $971,801 |
| Savings and temporary cash investments | $100,137 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $377,102 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $35,870 |
| Prepaid expenses and deferred charges | $22,870 |
| Net Land, buildings, and equipment | $101,770 |
| Investments—publicly traded securities | $447,455 |
| Investments—other securities | $204,501 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,261,506 |
| Accounts payable and accrued expenses | $214,833 |
| 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 | $214,833 |
| Net assets without donor restrictions | $1,991,588 |
| Net assets with donor restrictions | $55,085 |
| 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 | $2,261,506 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Central Ohio Lions Eye Bank Inc has recieved totaling $2,261.
| Awarding Organization | Amount |
|---|---|
Columbus Foundation Columbus, OH PURPOSE: HEALTH | $1,500 |
Columbus Foundation Columbus, OH PURPOSE: HEALTH | $690 |
Columbus Foundation Columbus, OH PURPOSE: HEALTH | $71 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pennsylvania Association For The Blind Harrisburg, PA | $4,901,702 | $4,901,914 |
Lions Eye Bank Of Delaware Valley Philadelphia, PA | $14,412,620 | $4,863,038 |
Kleb Inc Louisville, KY | $1,708,878 | $3,338,144 |
League For The Blind And Disabled Inc Fort Wayne, IN | $13,675,160 | $2,904,502 |
Penrickton Center For Blind Children Taylor, MI | $14,000,121 | $4,048,500 |
Central Ohio Lions Eye Bank Inc Columbus, OH | $2,261,506 | $2,054,180 |
National Society To Prevent Blindness Columbus, OH | $4,716,429 | $2,037,831 |
Vision Resources Of Central Pennsylvania Harrisburg, PA | $8,007,623 | $1,994,973 |
Indiana Optometric Association Inc Carmel, IN | $2,332,452 | $1,838,824 |
Kentucky Optometric Association Frankfort, KY | $1,137,225 | $1,149,939 |
Beaver County Assn For The Blind Beaver Falls, PA | $741,634 | $1,219,990 |
Toledo Society For The Blind Inc Toledo, OH | $5,892,217 | $2,083,619 |