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Florida Lions Eye Bank Inc

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

EIN: 590967012 ✦ Miami, FL ✦ Designated as a 501(c)(3)

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Overview

What is Florida Lions Eye Bank Inc?

Florida Lions Eye Bank Inc is a nonprofit organization situated in Miami, Florida. Its primary mission involves recovering, processing, and distributing ocular tissue for sight-saving surgeries. The bank also provides tissue and funding for ophthalmic research and operates an ocular pathology laboratory. During the fiscal year, they sourced tissue from 988 eye donors and utilized it for 1,185 surgeries. Additionally, they supplied 665 tissues for research or teaching purposes and processed 4,632 specimens in the ocular pathology laboratory. Furthermore, the organization prepared autologous serum eye drops for 1,832 patients throughout Florida. Florida Lions Eye Bank's activities aid ophthalmologists and patients in treatment, contributing to the advancement of ophthalmology through research and innovation to benefit humanity.


Official website here: www.fleb.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Star rating)

Florida Lions Eye Bank Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial practices. The high score indicates that the organization excels in various governance metrics, showcasing a robust independent board and effective oversight through its audit and finance committees.

The nonprofit demonstrates fiscal responsibility, with a program expense ratio of 89.41%, ensuring that a significant portion of its funding directly supports its mission. Furthermore, the organization maintains transparency through documented governance practices, including a conflict of interest policy and whistleblower protections, which contribute to its credibility and ethical standing.

While the organization’s financial health is well-established, the focus on accountability and transparency significantly elevates its appeal to potential donors. There are no reported issues of asset diversion, underscoring the integrity of Florida Lions Eye Bank Inc in its financial dealings and operational practices.


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

What do the Facebook reviews say about Florida Lions Eye Bank Inc?

96% of 9 reviewers on Facebook recommend the Florida Lions Eye Bank Inc. Here is a summary of their reviews:

Many individuals express a strong appreciation for the Florida Lions Eye Bank, highlighting its commitment to vision restoration and the positive impact it has on the community. The consensus seems to reflect a deep admiration for the organization's mission and the meaningful work they do.

Overall, people feel a strong connection to the cause and support the efforts of the nonprofit, indicating that it successfully fulfills its purpose in making a difference for those in need of vision assistance.


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

Is Florida Lions Eye Bank Inc legitimate?

Florida Lions Eye Bank Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Florida Lions Eye Bank Inc 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: $112,443
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,513,633

For more financial information, click here


Official website here: www.fleb.org

What is the mission statement of Florida Lions Eye Bank Inc?

Florida Lions Eye Bank Inc's mission involves providing ophthalmic services to ophthalmologists and patients to aid in treatment. The organization also advances the field of ophthalmology through research and innovation, aiming to benefit humanity as a whole. In addition, it recovers, processes, and distributes ocular tissue for sight-saving surgeries, supports ophthalmic research, operates an ocular pathology laboratory, and prepares autologous serum eye drops for patients in need. The bank's activities during the fiscal year included recovering tissue from 988 eye donors, distributing tissue for 1,185 surgeries, providing 665 tissues for research or teaching purposes, and processing 4,632 specimens in the ocular pathology laboratory. It also prepared autologous serum eye drops for 1,832 patients throughout Florida.


Official website here: www.fleb.org

Who is the CEO of Florida Lions Eye Bank Inc?

Elizabeth Fout is the President of Florida Lions Eye Bank Inc.


Official website here: www.fleb.org

What is the revenue of Florida Lions Eye Bank Inc?

Florida Lions Eye Bank Inc's revenue in 2022 was $4,260,143.


Official website here: www.fleb.org

Who are the executives of Florida Lions Eye Bank Inc and what are their salaries?

There 17 volunteers at Florida Lions Eye Bank Inc.


Here are 16 key members and their salaries:


Geoff Wade (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bobby Wright (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judy Galm (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Helene Thompson (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tony Montes (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Evans (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Gentilini (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elbio Jose Gimenez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Stowers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Esperanza Gomez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maria Felisa De Kler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Catherine Triana (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joel Levenston (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Campbell (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth Engstrom (Immediate Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Fout (Executive Director)
  • Compensation: $0
  • Related: $112,443
  • Other: $0


Official website here: www.fleb.org

Where can I find the form 990 for Florida Lions Eye Bank Inc?

Florida Lions Eye Bank Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.fleb.org

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

Mission Statement of Florida Lions Eye Bank Inc

Florida Lions Eye Bank, a non-profit organization, is dedicated to providing ophthalmic services to ophthalmologists and patients, aiming to assist with treatment. The bank's mission extends beyond this, as it also strives to advance the field of ophthalmology through groundbreaking research and innovation. This pursuit is driven by a commitment to bettering human life as a whole.

In practice, Florida Lions Eye Bank recovers, processes, and distributes ocular tissue for sight-saving surgeries. This crucial service is not only limited to direct patient care but also includes the provision of tissue and funding for ophthalmic research. The organization operates an ocular pathology laboratory, furthering its role in the medical field. In addition, Florida Lions Eye Bank processes autologous serum eye drops for patients requiring this therapy.

During the fiscal year, the bank recovered tissue from 988 eye donors and distributed it for 1,185 surgeries. It also provided 665 tissues for research or teaching purposes and processed 4,632 specimens in the ocular pathology laboratory. The bank's commitment to innovation and research is evident in these numbers, as it continually seeks to expand its services and contribute to the medical community.

In summary, Florida Lions Eye Bank Inc is a non-profit organization that provides essential services to the ophthalmology field. Its mission is to assist with treatment, advance research, and innovate in the field for the betterment of humankind. The bank's activities, including the recovery and distribution of ocular tissue, funding for research, and operation of an ocular pathology laboratory, are all in line with this mission.

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Impact




July, 2024

Florida Lions Eye Bank Inc’s impact is significant in the field of ophthalmology. They provide ophthalmic services to ophthalmologists and patients, assisting with treatment and advancing the field through research and innovation for the betterment of humankind. The organization recovers, processes, and distributes ocular tissue for sight-saving surgery, provides tissue and funding for ophthalmic research, and operates an ocular pathology laboratory. They also process autologous serum eye drops for patients in need of this therapy. In the last fiscal year, they recovered tissue from 988 eye donors, distributed tissue for 1,185 surgeries, provided 665 tissues for research or teaching purposes, and processed 4,632 specimens in the ocular pathology laboratory. Additionally, they prepared autologous serum eye drops for 1,832 patients throughout Florida. Their work has a direct impact on improving vision and advancing eye care in the community.




This information is meant to be a general summary of Florida Lions Eye Bank Inc. 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
$4,260,143 (2022)
Expenses
$4,498,298 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $379,184
  • Program Service Revenue: $3,849,115
  • Gross Receipts: $4,260,143

Assets and Liabilities:

  • Total Assets: $19,559,496
  • Total Liabilities: $2,340,160
  • Net Assets: $17,219,336

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Programs

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

PROCESSING FEES

Revenue

$3,849,115

Organization Details

Founding Year

1961

Principal Officer

Elizabeth Fout

Main Address

900 NW 17TH STREET THIRD FLOOR, MIAMI, FL, 33136

NTEE Category

Code: E65Z - Health

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