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Restoringvision

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 454920275 ✦ San francisco, CA ✦ Designated as a 501(c)(3)

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Overview

What is Restoringvision?

Restoringvision is a dedicated nonprofit organization based in San Francisco, California, with a mission to empower lives by restoring vision for millions in need. They partner with over 2,500 NGOs and government agencies worldwide to provide vision services and eyeglasses, reaching 3.5 million individuals annually. Their programs primarily focus on addressing presbyopia, a vision issue affecting 826 million people globally, through vision screenings and reading glasses. Moreover, they address other eye concerns, such as myopia, by offering eye exams, minus glasses for adults and children, and protective sunglasses. Consistent with their strategic plan, they aim to expand their reach in Africa, serving more refugees and establishing sustainable access to vision services for the impoverished. This year, they aim to operate in 100 countries and expand their work in 18 nations, having served over 20 million people in 144 countries since their founding in 2003.


Official website here: www.restoringvision.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 95% (Four-Star out of Four Star rating)

RestoringVision has received an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization boasts an exceptional Accountability & Finance Score of 97, with high marks across various categories such as independent board members and financial oversight practices. This indicates a solid commitment to transparency and responsible fiscal management.

The nonprofit excels in program efficiency, with a Program Expense Ratio of 82.23%, meaning that the majority of its funds are directed towards its mission rather than administrative costs. Additionally, the organization demonstrates effective fundraising capabilities with a Fundraising Efficiency Ratio of $0.11, signifying that it raises a significant amount of funds relative to its costs. These metrics highlight RestoringVision's capacity to maximize its impact in the communities it serves.

While the organization has shown resilience and adaptability in response to challenges such as COVID-19, it received a slightly lower score in the Culture & Community category at 75. This suggests potential areas for improvement in community engagement and organizational culture. Overall, RestoringVision's high ratings reflect a well-managed organization dedicated to its mission.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Restoringvision?

94% of reviewers on Facebook recommend Restoring Vision. Here’s a summary of their insights:

Many users express enthusiasm for the impact Restoring Vision has had in communities, particularly highlighting their contributions of reading glasses and sunglasses in the Philippines. The recipients reportedly receive these donations with heartfelt gratitude, showcasing the nonprofit's effectiveness in addressing the needs of individuals in underprivileged areas.

Overall, reviews convey a strong sense of satisfaction with the organization’s mission and outreach. Participants appreciate the genuine efforts of Restoring Vision to improve lives through their services, demonstrating that the nonprofit truly fulfills its promise to help those in need.


This AI summary has been generated from reviews found on Facebook.

Is Restoringvision legitimate?

Restoringvision is a legitimate nonprofit organization registered as a 501(c)(3) entity. Restoringvision 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: $388,381
Professional Fundraising Fees: $50,750
Other Salaries and Wages: $1,081,262

For more financial information, click here


Official website here: www.restoringvision.org

What is the mission statement of Restoringvision?

Restoringvision's mission is centered around empowering lives by restoring vision for millions of individuals living in poverty. They achieve this by fostering equitable access to essential vision services and eyeglasses. Their initiatives intersect with global health, education, and economic development, contributing to the advancement of eight United Nations Sustainable Development Goals.


Official website here: www.restoringvision.org

Who is the CEO of Restoringvision?

Pelin Munis is the CEO of Restoringvision The CEO's salary of Restoringvision is $238,702 and their total compensation is $295,537.


Official website here: www.restoringvision.org

What is the revenue of Restoringvision?

Restoringvision's revenue in 2023 was $6,631,364.


Official website here: www.restoringvision.org

Who are the executives of Restoringvision and what are their salaries?

The average compensation at Restoringvision during 2023 was $39,720. There are 37 employees and 1000 volunteers at Restoringvision.

Here are 11 key members and their salaries (Restoringvision's CEO's salary is $238,702 and their total compensation is $295,537):


Kevin Hassey (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erwin Cho (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Reade Fahs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Harris (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Myles Lewis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pelin Munis (Ceo)
  • Compensation: $238,702
  • Related: $0
  • Other: $56,835
Jayanth Bhuvaraghan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Ann Peters (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katrina Posey (Vp Of Finance & Accounting)
  • Compensation: $83,744
  • Related: $0
  • Other: $1,142
Donald Barclay (Cfo (Thru 03/23))
  • Compensation: $51,145
  • Related: $0
  • Other: $1,709
Aminah Yoba (Sr Director Of Development)
  • Compensation: $141,903
  • Related: $0
  • Other: $16,107


Official website here: www.restoringvision.org

Where can I find the form 990 for Restoringvision?

Restoringvision's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.restoringvision.org

Learn more at the official website: www.restoringvision.org

Mission Statement of Restoringvision

RestoringVision, a nonprofit organization, is dedicated to empowering lives by restoring vision for millions of individuals living in poverty. This is achieved by creating equitable access to essential vision services and eyeglasses for people earning less than $2 per day. The organization's mission lies at the intersection of global health, education, and economic development, contributing to progress in eight of the United Nations' Sustainable Development Goals. By providing critical vision services and eyeglasses, RestoringVision aims to enhance the quality of life and opportunities for these individuals, thereby fostering overall development and improvement in their communities.

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Impact




July, 2024

Restoringvision empowers lives by restoring vision for millions of people in need. Their programs reach 3.5 million individuals annually, providing vision services and eyeglasses to help them see clearly, live independently, be productive, and maintain good health. They focus on addressing presbyopia, which affects 826 million people globally, as well as other eye issues like myopia. By partnering with over 2,500 NGOs and government agencies, Restoringvision has reached over 20 million people in 144 countries since 2003. They are continually expanding their reach, particularly in Africa, to ensure sustainable access to vision services for those living in poverty. Through their impactful work, Restoringvision contributes to progress in eight of the United Nations Sustainable Development Goals.




This information is meant to be a general summary of Restoringvision. 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.

Revenue
$6,631,364 (2023)
Expenses
$5,371,732 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $36,567
  • Program Service Revenue: $509,971
  • Gross Receipts: $6,631,364

Assets and Liabilities:

  • Total Assets: $3,851,264
  • Total Liabilities: $1,393,320
  • Net Assets: $2,457,944

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

HANDLING FEES

Revenue

$437,003

SHIPPING INCOME

Revenue

$61,842

SERVICE FEES INCOME

Revenue

$11,126

Organization Details

Founding Year

2012

Principal Officer

Pelin Munis

NTEE Category

Code: G41 - Disease

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