Overview
What is East Tennessee Lions Eye Bank?
The East Tennessee Lions Eye Bank is a nonprofit organization dedicated to enhancing vision for individuals affected by cornea-related impairments. They achieve this mission by educating medical professionals through 84 workshops, attended by three to six individuals such as physicians and nurses. By providing these sessions, they equip medical professionals with the necessary knowledge to better serve their patients. In addition to education, the East Tennessee Lions Eye Bank actively participates in transplant services. They process 852 eye tissues and distribute 576 corneas for transplantation, offering renewed sight to numerous individuals in need. Ultimately, their goal is to improve vision and quality of life for those suffering from cornea-related impairments.
Official website here: www.lionseyebanktn.com
What are the reviews and ratings of this charity?
Charity Navigator Rating 88% - Three-Star out of Four Star rating
The East Tennessee Lions Eye Bank has received a solid Three-Star rating from Charity Navigator, reflecting a commitment to accountability and financial stability. The charity's score is based entirely on its performance in financial metrics, indicating strong governance and transparency, particularly through its independent board and sound financial practices. With a program expense ratio of 78.69%, the organization demonstrates a significant focus on its mission and effective allocation of resources.
Strengths include a fully independent board, with all members meeting criteria for independence, and effective oversight of financial statements. The organization benefits from a low liabilities to assets ratio, indicating robust financial health. The presence of comprehensive policies, such as a conflict of interest policy, adds to its credibility, ensuring ethical standards are upheld.
However, the charity lacks a whistleblower policy and a document retention and destruction policy, which are noted limitations in its governance practices. Despite these gaps, the overall financial management and accountability of the East Tennessee Lions Eye Bank suggest a reliable organization dedicated to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is East Tennessee Lions Eye Bank legitimate?
East Tennessee Lions Eye Bank is a legitimate nonprofit organization registered as a 501(c)(3) entity. East Tennessee 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: $195,657
Professional Fundraising Fees: $0
Other Salaries and Wages: $621,105
For more financial information, click here
Official website here: www.lionseyebanktn.com
What is the mission statement of East Tennessee Lions Eye Bank?
The East Tennessee Lions Eye Bank, in its mission, focuses on enhancing sight for individuals with cornea-related impairments. To achieve this, they conduct educational sessions for medical professionals, attracting three to six participants, such as physicians and nurses, to expand their knowledge. Their primary activity involves assisting with transplant services and processing a substantial number of eye tissues. This process results in providing 576 corneas for transplantation, thereby improving vision for numerous individuals in need. In essence, the East Tennessee Lions Eye Bank is committed to improving sight for those affected by cornea-related impairments.
Official website here: www.lionseyebanktn.com
Who is the CEO of East Tennessee Lions Eye Bank?
Valerie T Stewart is the President of East Tennessee Lions Eye Bank.
Official website here: www.lionseyebanktn.com
What is the revenue of East Tennessee Lions Eye Bank?
East Tennessee Lions Eye Bank's revenue in 2023 was $1,969,682.
Official website here: www.lionseyebanktn.com
Who are the executives of East Tennessee Lions Eye Bank and what are their salaries?
The average compensation at East Tennessee Lions Eye Bank during 2023 was $30,250. There are 27 employees at East Tennessee Lions Eye Bank.
Here are 17 key members and their salaries:
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- Compensation: $316,784
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- Other: $23,844
Official website here: www.lionseyebanktn.com
Where can I find the form 990 for East Tennessee Lions Eye Bank?
East Tennessee Lions Eye Bank's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.lionseyebanktn.com
Learn more at the official website: www.lionseyebanktn.com
Mission Statement of East Tennessee Lions Eye Bank
The East Tennessee Lions Eye Bank is dedicated to enhancing sight for individuals suffering from cornea-related impairments. At the core of their mission, they focus on educating medical professionals. Through 84 educational sessions, they engage with a diverse group of participants, including physicians and nurses. The aim is to equip these professionals with the necessary knowledge and skills to make a significant impact in their field. Beyond education, the East Tennessee Lions Eye Bank is actively involved in transplant services. They process a substantial number of eye tissues, resulting in 576 corneas being made available for transplant. This crucial work enables numerous individuals to regain their sight, thereby improving their quality of life. In essence, the East Tennessee Lions Eye Bank is committed to overcoming cornea-related impairments through education, transplant services, and the provision of corneas for transplant.
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Impact
July, 2024
East Tennessee Lions Eye Bank's impact includes educating medical professionals through 84 sessions attended by three to six participants, including physicians and nurses. They assist with transplant services, processing 852 eye tissues and providing 576 corneas for transplant to individuals in need. Their mission is to improve sight for cornea-related impairments.
This information is meant to be a general summary of East Tennessee 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 2023.
- Investment Income: $46,524
- Program Service Revenue: $1,917,424
- Gross Receipts: $2,030,914
Assets and Liabilities:
- Total Assets: $4,076,193
- Total Liabilities: $0
- Net Assets: $4,076,193
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tissue Processing Fees
Revenue
$1,917,424
Organization Details
Founding Year
1964
Phone
(865) 305-9625Principal Officer
Valerie T Stewart
Main Address
1924 Alcoa Highway U-26, Knoxville, TN, 37920
Website
www.lionseyebanktn.comNTEE Category
Code: E650 - Health
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