Overview
What is Fundacion Banco De Ojos Del Leonismo Puertorriqueno Inc?
Fundacion Banco de Ojos del Leonismo Puertorriqueno Inc is a nonprofit organization located in San Juan, Puerto Rico. Their primary mission is to enhance visual health by providing corneal transplants to medically indigent patients. This aid allows these individuals to improve or regain their sight, potentially leading to a normal life. In 2022, they received and approved 18 out of 25 aid requests, ensuring that 100% of the approved individuals received the necessary medical help. The organization's work is centered around education, corneal tissue donation, tissue recovery, and medical services for those with limited financial resources.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67%, Two-Star out of Four Star rating.
Fundacion Banco De Ojos Del Leonismo Puertorriqueno Inc has received a Two-Star rating from Charity Navigator, indicating that it has significant room for improvement in its accountability and finance practices. The organization has scored 67% overall, with notable strengths such as a high program expense ratio of 78.81%, which suggests that a substantial portion of its funds is directed towards its programs rather than administrative costs.
However, the organization faces challenges in governance and transparency, as evidenced by the absence of independent board members, a missing website listed on its tax form, and the lack of a whistleblower policy. These factors contribute to lower scores in areas related to board independence and transparency, highlighting the need for improvement in these critical aspects of nonprofit management.
Despite these limitations, Fundacion Banco De Ojos Del Leonismo Puertorriqueno Inc has demonstrated a commitment to maintaining proper financial stability, with a low liabilities to assets ratio of 0.15%. Overall, while the organization shows promise in program dedication, addressing the issues of governance and transparency could enhance its credibility and effectiveness moving forward.
This AI summary has been generated from information found on Charity Navigator.
Is Fundacion Banco De Ojos Del Leonismo Puertorriqueno Inc legitimate?
Fundacion Banco De Ojos Del Leonismo Puertorriqueno Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fundacion Banco De Ojos Del Leonismo Puertorriqueno 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Fundacion Banco De Ojos Del Leonismo Puertorriqueno Inc?
Fundacion Banco De Ojos Del Leonismo Puertorriqueno Inc's mission is centered around improving visual health. They achieve this through various means, including the donation of corneal tissues, providing medical services, and promoting education. The organization's primary focus is on assisting low-income and medically indigent individuals, aiming to help them regain or enhance their eyesight. This, in turn, enables them to lead a more normal life. The foundation's mission is to offer solutions for visual health challenges, primarily through its corneal tissue donation program, educational initiatives, and medical services provision.
Who is the CEO of Fundacion Banco De Ojos Del Leonismo Puertorriqueno Inc?
Raul L Belen is the President of Fundacion Banco De Ojos Del Leonismo Puertorriqueno Inc.
What is the revenue of Fundacion Banco De Ojos Del Leonismo Puertorriqueno Inc?
Fundacion Banco De Ojos Del Leonismo Puertorriqueno Inc's revenue in 2022 was $48,301.
Who are the executives of Fundacion Banco De Ojos Del Leonismo Puertorriqueno Inc and what are their salaries?
Here are 4 key members and their salaries:
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- Other: $0
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- Other: $0
Where can I find the form 990 for Fundacion Banco De Ojos Del Leonismo Puertorriqueno Inc?
Fundacion Banco De Ojos Del Leonismo Puertorriqueno Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Fundacion Banco De Ojos Del Leonismo Puertorriqueno Inc
Fundación Banco de Ojos del Leonismo Puertorriqueno Inc, a nonprofit organization, is dedicated to addressing visual health issues. Its mission is threefold: providing solutions, donating corneal tissues, and offering medical services to individuals with low income or who are medically indigent. By doing so, the foundation aims to help these individuals recover or improve their eyesight, ultimately enabling them to lead a more normal life. The organization achieves this through education, corneal tissue donation, and the recovery and provision of medical services. The mission of Fundación Banco de Ojos del Leonismo Puertorriqueno Inc is to improve the visual health of those in need, making a positive impact on their lives. In 2022, the foundation received 25 requests for aid, evaluating and approving all qualifying requests. All approved patients received the medical help they needed, demonstrating the organization's commitment to fulfilling its mission.
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Impact
October, 2024
Fundación Banco De Ojos Del Leonismo Puertorriqueno Inc has made a significant impact by facilitating corneal transplants for medically indigent patients, allowing them to recover or improve their eyesight and lead normal lives. In 2022, the organization received 25 requests for aid, approving 18 of them, showcasing its commitment to addressing the visual health needs of the community.
Every qualified request was met with a response, ensuring that all approved surgeries were donated at no cost to the patients. This resulted in 100% of those who received approved aid obtaining the necessary medical help. The foundation's efforts not only restore vision but also enhance the overall quality of life for individuals who may otherwise not have access to critical medical services. By prioritizing education and the donation of corneal tissues, the organization actively contributes to long-term solutions for visual health in low-income populations in San Juan, Puerto Rico.
This information is meant to be a general summary of Fundacion Banco De Ojos Del Leonismo Puertorriqueno 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $48,301
Assets and Liabilities:
- Total Assets: $137,742
- Total Liabilities: $217
- Net Assets: $137,525
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Organization Details
Founding Year
2004
Phone
(787) 273-0597Principal Officer
Raul L Belen
Main Address
PO BOX 363311, SAN JUAN, PR, 00936
NTEE Category
Code: P20 - Human services
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