Kansas Eye Bank & Cornea Research Center Inc
- Assets
- $1.9m
- Revenue
- $977.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Wichita, KS
- Founding
- 12/1986
- Data as of
- 12/2021
- EIN
- 48-1021522
Organization Overview
Kansas Eye Bank & Cornea Research Center Inc is located in Wichita, KS. The organization was established in 1986. According to its NTEE Classification (E65) the organization is classified as: Organ & Tissue Banks, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kansas Eye Bank & Cornea Research Center 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, Kansas Eye Bank & Cornea Research Center Inc generated $977.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.5%) each year. All expenses for the organization totaled $542.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (12.5%) per year over the past 7 years. 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 ENGAGE IN GRANT MAKING AND RELATED CHARITABLE ACTIVITIES IN THE AREA OF EYE DISEASE AND VISION DISORDER, AND THE CARE AND TREATMENT THEREOF.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROCUREMENT AND DISTRIBUTION OF HUMAN EYE TISSUE FOR TRANSPLANT AND RESEARCH. CHARITABLE ACTIVITIES IN THE AREA OF EYE DISEASE AND VISION DISORDER, AND THE CARE AND TREATMENT THEREOF.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dasa Gangadhar MD Chairman | OfficerTrustee | 5 | $0 |
Jim Kuhlmann Od Director | Trustee | 1 | $0 |
Marc Vincent Director | 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 | $13,453 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,453 |
| Total Program Service Revenue | $288,639 |
| Investment income | $342,352 |
| 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 | $977,412 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $314,442 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $28,239 |
| Payroll taxes | $23,856 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $24,139 |
| Advertising and promotion | $411 |
| Office expenses | $15,308 |
| Information technology | $1,644 |
| Royalties | $0 |
| Occupancy | $35,458 |
| Travel | $2,736 |
| 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 | $16,646 |
| Insurance | $12,758 |
| All other expenses | $450 |
| Total functional expenses | $542,926 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $1,748,046 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $167,102 |
| Total assets | $1,915,148 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $1,915,148 |
| 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 | $1,915,148 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Kansas Eye Bank & Cornea Research Center Inc has recieved totaling $10.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $10 |
Endowment Analysis
| Beg. Balance | $159,831 |
| Earnings | $14,729 |
| Admin Expense | $1,065 |
| Other Expense | $6,393 |
| Ending Balance | $167,102 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Midwest Transplant Network Inc Westwood, KS | $67,214,213 | $83,249,135 |
Mid-America Transplant Services St Louis, MO | $110,811,463 | $75,395,193 |
Joint Restoration Foundation Inc Centennial, CO | $15,337,890 | $55,049,158 |
Donor Alliance Inc Denver, CO | $111,360,306 | $58,379,517 |
Lifeshare Transplant Donor Services Of Oklahoma Inc Oklahoma City, OK | $34,573,910 | $43,322,594 |
Nebraska Organ Recovery System Omaha, NE | $22,169,037 | $17,000,121 |
Rocky Mountain Lions Eye Bank Aurora, CO | $15,386,893 | $5,670,556 |
Rocky Mountain Tissue Bank Aurora, CO | $757,544 | $1,339,990 |
Cornea360 Kansas City, MO | $0 | $596,315 |
Kansas Eye Bank & Cornea Research Center Inc Wichita, KS | $1,915,148 | $977,412 |
Gift Of Life Inc Overland Park, KS | $870,528 | $565,870 |
National Body Donor Program St Louis, MO | $17,165 | $183,000 |