Overview
What is Central Ohio Lions Eye Bank?
Central Ohio Lions Eye Bank is a dedicated nonprofit organization situated in Columbus, Ohio. Their primary mission is to restore, enhance, and preserve vision by linking eye donors with transplant patients. They achieve this goal by providing high-quality eye banking services, educating medical professionals, and furthering eye research. During the fiscal year ending in 2021, over 1,100 patients benefited from their efforts, receiving corneas for sight-restoration transplants and donor eye tissues for vision-improving surgeries and eye disease treatments. With a team of 14 dedicated individuals, this organization plays a vital role in improving and saving lives through the gift of sight.
Official website here: www.coleb.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
The Central Ohio Lions Eye Bank has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The rating reflects a strong focus on governance, as evidenced by a fully independent board consisting of ten members, which suggests a commitment to ethical management and oversight. The organization scores particularly well in areas such as material asset diversion, maintaining a low liabilities-to-assets ratio, and sharing vital information on their website.
The charity reports a program expense ratio of 74.20%, demonstrating that a significant portion of its funds is allocated directly to its mission-related activities. The presence of well-documented policies, including conflict of interest and whistleblower protections, further enhances the organization’s credibility. The transparency in posting essential documents, including board meeting minutes and tax forms, further affirms their commitment to accountability.
However, while the organization shows strengths in financial management and transparency, the single beacon score may indicate a need for broader evaluation metrics. Continuous monitoring of additional performance aspects could provide a more comprehensive understanding of their impact and effectiveness in serving the community.
This AI summary has been generated from information found on Charity Navigator.
Is Central Ohio Lions Eye Bank legitimate?
Central Ohio Lions Eye Bank is a legitimate nonprofit organization registered as a 501(c)(3) entity. Central Ohio Lions Eye Bank submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $137,692
Professional Fundraising Fees: $0
Other Salaries and Wages: $702,759
For more financial information, click here
Official website here: www.coleb.org
What is the mission statement of Central Ohio Lions Eye Bank?
The Central Ohio Lions Eye Bank's mission is centered around restoring, improving, and preserving vision. They accomplish this by connecting eye donors with transplant patients, educating medical professionals, and enhancing eye research through high-quality eye banking services. By doing so, they aim to make a significant impact on vision health, benefiting over 1100 patients annually, providing corneas for sight-restoration transplants and other donor eye tissues for surgeries to improve vision and treat various eye diseases.
Official website here: www.coleb.org
Who is the CEO of Central Ohio Lions Eye Bank?
Jason Brosious is the Board Chairwoman of Central Ohio Lions Eye Bank.
Official website here: www.coleb.org
What is the revenue of Central Ohio Lions Eye Bank?
Central Ohio Lions Eye Bank's revenue in 2022 was $2,045,421.
Official website here: www.coleb.org
Who are the executives of Central Ohio Lions Eye Bank and what are their salaries?
The average compensation at Central Ohio Lions Eye Bank during 2022 was $60,032. There are 14 employees and 10 volunteers at Central Ohio Lions Eye Bank.
Here are 11 key members and their salaries:
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- Compensation: $133,793
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- Other: $3,899
Official website here: www.coleb.org
Where can I find the form 990 for Central Ohio Lions Eye Bank?
Central Ohio Lions Eye Bank's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.coleb.org
Learn more at the official website: www.coleb.org
Mission Statement of Central Ohio Lions Eye Bank
The Central Ohio Lions Eye Bank is committed to restoring, improving, and preserving vision. They achieve this mission by connecting eye donors with transplant patients, educating physicians, and enhancing eye research through high-quality eye banking services. By facilitating cornea transplants and utilizing donor eye tissues for surgical procedures to enhance vision and treat eye diseases, the organization has positively impacted over 1100 patients during the recent fiscal year.
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Impact
October, 2024
Central Ohio Lions Eye Bank plays a pivotal role in restoring, improving, and preserving vision in the community. By connecting eye donors with transplant patients, the Eye Bank ensures that corneas and other donor eye tissues are available for surgeries aimed at sight restoration and the treatment of various eye diseases. In the fiscal year ending 2021, over 1,100 patients benefited from these vital services, receiving the necessary tissues to improve their eyesight and enhance their quality of life. Additionally, the Eye Bank contributes to medical education by training physicians and advancing eye research, further underscoring its commitment to enhancing ocular health through comprehensive and high-quality eye banking services. Located in Columbus, Ohio, the Central Ohio Lions Eye Bank exemplifies a commitment to making a tangible difference in the lives of individuals facing vision challenges.
This information is meant to be a general summary of Central Ohio Lions Eye Bank. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $3,523
- Program Service Revenue: $1,972,804
- Gross Receipts: $2,045,421
Assets and Liabilities:
- Total Assets: $2,324,586
- Total Liabilities: $233,634
- Net Assets: $2,090,952
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROCESSING FEES
Revenue
$1,972,804
Organization Details
Founding Year
1973
Phone
(614) 545-2057Principal Officer
Jason Brosious
Main Address
262 NEIL AVENUE 140, COLUMBUS, OH, 43215
Website
www.coleb.orgNTEE Category
Code: G41Z - Disease
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