The Eye Foundation Inc
- Assets
- $177.3k
- Revenue
- $36.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Birmingham, AL
- Founding
- 02/2015
- Data as of
- 09/2021
- EIN
- 63-0459034
Organization Overview
The Eye Foundation Inc is located in Birmingham, AL. The organization was established in 2015. According to its NTEE Classification (E24) the organization is classified as: Specialty Hospitals, 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. Eye 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 09/2021, Eye Foundation Inc generated $36.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (6.4%) each year.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE SUPPORT TO THE UAB CALLAHAN EYE HOSPITAL AUTHORITY AND ITS SUBSIDIARIES FOR THE CARE AND TREATMENT OF THE HUMAN EYE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE EYE FOUNDATION ENGAGED IN FUNDRAISING EFFORTS AND PROVIDED GRANTS TO HEALTHCARE FACILITIES THAT EXIST FOR THE CARE AND TREATMENT OF THE HUMAN EYE TO ENSURE THE QUALITY OF CARE DELIVERED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joan Ragsdale President | Officer | 1 | $0 |
Garrett Grover CEO | Officer | 40 | $0 |
Jason O Sadler CFO | Officer | 40 | $0 |
Reid Jones Board Member | Trustee | 1 | $0 |
Issac William Ferniany PHD Board Member | Trustee | 1 | $0 |
Virginia Lolley MD Board Member | 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 | $36,219 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $36,219 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $36,219 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| 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 | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| Total functional expenses | $0 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $177,347 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $177,347 |
| 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 | $173,556 |
| Net assets with donor restrictions | $3,791 |
| 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 | $177,347 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Eye Foundation Inc has recieved totaling $82,319.
| Awarding Organization | Amount |
|---|---|
The Eyesight Foundation Of Alabama Birmingham, AL PURPOSE: VISION-RELATED EQUIPMENT | $82,319 |
Endowment Analysis
| Beg. Balance | $3,791 |
| Ending Balance | $3,791 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Southern Crescent Hospital For Specialty Care Inc Riverdale, GA | $4,410,694 | $7,739,688 |
The Thompson Cancer Survival Center Knoxville, TN | $2,363,682 | $3,979,971 |
Florida Elks Childrens Therapy Services Inc Umatilla, FL | $461,628 | $3,806,118 |
Georgia Mountains Hospice Inc Jasper, GA | $1,571,072 | $2,350,267 |
Childrens Cancer Center Inc Tampa, FL | $3,487,210 | $2,609,619 |
Friends Of Childrens Hospital Inc Flowood, MS | $6,008,200 | $3,279,171 |
Chattanooga Tumor Clinic Inc Chattanooga, TN | $25,999,788 | $1,296,599 |
Mobile Infirmary Auxiliary Inc Mobile, AL | $1,268,349 | $247,623 |
Coosa Valley Seniors Housing Inc Birmingham, AL | $914,681 | $233,799 |
Decatur County-St Jude Worlds Largest Coon Hunt Inc Parsons, TN | $7,382 | $103,171 |
Variety-The Childrens Charity Of Florida Inc Orlando, FL | $67,965 | $0 |
Jacksonville Wolfson Childrens Hospital Inc Jacksonville, FL | $114,673 | $0 |