Cincinnati Sight Restoration Foundation Inc
- Assets
- $11.7m
- Revenue
- $3.2m
- Investments
- $0.0
- Employees
- 15
- Location
- Cincinnati, OH
- Founding
- 09/2012
- Data as of
- 12/2021
- EIN
- 46-0540404
Organization Overview
Cincinnati Sight Restoration Foundation Inc is located in Cincinnati, OH. The organization was established in 2012. According to its NTEE Classification (H11) the organization is classified as: Single Organization Support, under the broad grouping of Medical Research and related organizations. As of 12/2021, Cincinnati Sight Restoration Foundation Inc employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cincinnati Sight Restoration Foundation 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, Cincinnati Sight Restoration Foundation Inc generated $3.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $1.8m during the year ending 12/2021. While expenses have increased by 0.4% 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 PROVIDE DONATED HUMAN EYE TISSUE FOR CORNEAL TRANSPLANT, MEDICAL RESEARCH & TEACHING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ALL ACTIVITIES RELATE TO THE ENUCLEATION AND DISTRIBUTION OF GLOBES AND CORNEAS FOR THE RESEARCH AND RESTORATION OF EYESIGHT. 2,251 CORNEAS WERE RETRIEVED DURING THE TAXABLE YEAR.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tina Mays Cebt Executive Director | OfficerTrustee | 40 | $152,664 |
Beth Binnion Cebt Qa Coordinator | OfficerTrustee | 40 | $85,314 |
Adam H Kaufman MD Medical Director | Trustee | 5 | $20,400 |
Charles Pettengill Vice President | OfficerTrustee | 0.2 | $0 |
John Kropp President | OfficerTrustee | 0.2 | $0 |
Thomas Hiltz Treasurer | OfficerTrustee | 0.2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Lifecenter Referral Fees/shared Serology | 12/30/21 | $315,307 |
Bausch & Lomb Surgical Corneal Storage Media/chambers | 12/30/21 | $142,485 |
Eurofins - Vrl Inc Blood/serology Testing | 12/30/21 | $119,794 |
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 | $1,391 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,391 |
| Total Program Service Revenue | $2,516,085 |
| Investment income | $235,612 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $429,974 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,183,062 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $25,000 |
| 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. | $297,263 |
| Compensation of current officers, directors, key employees. | $20,423 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $141,425 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $69,471 |
| Payroll taxes | $52,896 |
| Fees for services: Management | $49,132 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,095 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $33,951 |
| Advertising and promotion | $21,272 |
| Office expenses | $32,709 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $59,342 |
| Travel | $8,210 |
| 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 | $17,886 |
| Insurance | $19,914 |
| All other expenses | $13,691 |
| Total functional expenses | $1,842,685 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,076,857 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $232,700 |
| 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 | $0 |
| Net Land, buildings, and equipment | $37,011 |
| Investments—publicly traded securities | $10,349,786 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $11,696,354 |
| Accounts payable and accrued expenses | $196,303 |
| 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 | $196,303 |
| Net assets without donor restrictions | $11,500,051 |
| Net assets with donor restrictions | $0 |
| 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 | $11,696,354 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Walther Cancer Foundation Inc Indianapolis, IN | $153,573,547 | $10,375,494 |
Foundation For Advancement Of Intl Medical Education And Research Philadelphia, PA | $73,208,748 | $9,951,039 |
Nccn Foundation Plymouth Meeting, PA | $7,730,910 | $3,697,738 |
Cincinnati Sight Restoration Foundation Inc Cincinnati, OH | $11,696,354 | $3,183,062 |
Simons Fund Conshohocken, PA | $473,099 | $317,439 |
Commonwealth Housing Legal Services Glenside, PA | $760,384 | $699,820 |
Denises People Butler, PA | $1,900 | $0 |
Pancreatic Cancer Cure Foundation Quakertown, PA | $8,943 | $77,288 |
Ovarian Cancer Connection Toledo, OH | $229,667 | $0 |
Hope 365 Madison Heights, MI | $205,768 | $278,493 |
Rockin Out Cancer Lewis Center, OH | $11,714 | $0 |
Running For Rachel Harrisburg, PA | $8,989 | $0 |