Eye Bank Association Of America

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

EIN: 720678970 ✦ Washington, DC ✦ Designated as a 501(c)(3)

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Overview

What is Eye Bank Association Of America?

The Eye Bank Association of America, situated in Washington, D.C., is a nonprofit organization with a mission to promote eye donation, transplantation, and research. With a team of six dedicated individuals, they ensure quality assurance by monitoring uniform operating procedures and upholding integrity standards among their member eye banks. The association, known as EBAA, plays a vital role in championing the restoration of sight within their local communities and globally. Their core services support the advancement of these areas, contributing significantly to their members' efforts.


Official website here: www.restoresight.org

What are the reviews and ratings of this charity?

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

The Eye Bank Association of America has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong accountability and financial management practices. The score is based entirely on its accountability and finance beacon, indicating a robust commitment to transparency and responsible stewardship of resources. The organization boasts an overwhelmingly independent board, with 84% of its members meeting this criterion, which contributes to its effective governance.

Strengths of the Eye Bank Association include a well-structured oversight framework, as evidenced by its perfect score in audit and oversight metrics and the absence of material diversion of assets. Additionally, the organization maintains a commendable program expense ratio of 78.5%, suggesting that a significant portion of its resources is directed towards its mission-driven activities. These factors collectively highlight the organization’s dedication to operational integrity and effective service delivery.

Despite its strengths, some feedback may pertain to the compensation of key personnel, where the salaries may raise questions in the context of the nonprofit sector. However, the overall financial health and strategic governance of the Eye Bank Association of America indicate that it is a highly reputable organization committed to its mission.


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

Is Eye Bank Association Of America legitimate?

Eye Bank Association Of America is a legitimate nonprofit organization registered as a 501(c)(3) entity. Eye Bank Association Of America 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: $429,813
Professional Fundraising Fees: $0
Other Salaries and Wages: $581,269

For more financial information, click here


Official website here: www.restoresight.org

What is the mission statement of Eye Bank Association Of America?

The Eye Bank Association of America (EBAA) is dedicated to promoting the restoration of sight. They achieve this by providing essential services to their member Eye Banks, fostering advancements in donation, transplantation, and research in various communities worldwide. The organization's mission is centered around upholding quality standards and integrity through its Quality Assurance Program, which monitors uniform operating procedures among its members.


Official website here: www.restoresight.org

Who is the CEO of Eye Bank Association Of America?

Kevin Corcoran is the President Ceo of Eye Bank Association Of America. The CEO's salary of Eye Bank Association Of America is $341,895 and their total compensation is $383,156.


Official website here: www.restoresight.org

What is the revenue of Eye Bank Association Of America?

Eye Bank Association Of America's revenue in 2023 was $3,337,513.


Official website here: www.restoresight.org

Who are the executives of Eye Bank Association Of America and what are their salaries?

The average compensation at Eye Bank Association Of America during 2023 was $168,514. There are 6 employees and 253 volunteers at Eye Bank Association Of America.


Here are 15 key members and their salaries (Eye Bank Association Of America's CEO's salary is $341,895 and their total compensation is $383,156):


Corcoran Kevin (President Ceo)
  • Compensation: $341,895
  • Related: $0
  • Other: $41,261
Dematteo Jennifer (Director Of Regulations Standards)
  • Compensation: $165,819
  • Related: $0
  • Other: $30,322
Gardner Stacey (Director Of Education)
  • Compensation: $145,050
  • Related: $0
  • Other: $27,390
Li Jennifer (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fout Elizabeth (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Quirk (Chair-Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Schweitzer Shannon (Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mick Noel (Immediate Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chamberlain Winston (Mab Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Baker Esther (Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bavuso Tony (Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
M Soledad Cortina (Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Kaufman (Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ellen Kerns (Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristen Mccoy (Board)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.restoresight.org

Where can I find the form 990 for Eye Bank Association Of America?

Eye Bank Association Of America's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.restoresight.org

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

Mission Statement of Eye Bank Association Of America

The Eye Bank Association of America, as a leading organization, is committed to advocating for the restoration of sight. They achieve this mission by providing essential services to their member Eye Banks, which in turn advance donation, transplantation, and research in various communities worldwide. By maintaining high standards of integrity and uniform operating procedures, the Eye Bank Association of America ensures that its members adhere to the best practices, thereby contributing significantly to the field of eye banking and vision restoration.

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Impact




July, 2024

The Eye Bank Association Of America champions the restoration of sight through core services to its members which advance donation, transplantation, and research in their communities and throughout the world. By monitoring uniform operating procedures and standards of integrity among member Eye Banks through its Quality Assurance Program, the organization ensures the highest quality of eye donation and transplantation. This has a direct impact on improving vision and quality of life for individuals in need of corneal transplants.




This information is meant to be a general summary of Eye Bank Association Of America. 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
$3,337,513 (2023)
Expenses
$2,681,531 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $426,193
  • Program Service Revenue: $2,255,672
  • Gross Receipts: $4,298,326

Assets and Liabilities:

  • Total Assets: $10,738,353
  • Total Liabilities: $1,299,603
  • Net Assets: $9,438,750

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Programs

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

Membership

Revenue

$1,418,648

Certification Fees

Revenue

$326,781

Meetings Conferences

Revenue

$502,643

Educational Promotional Items

Revenue

$7,600

Organization Details

Founding Year

1969

Principal Officer

Kevin Corcoran

Main Address

1101 17th Street NW STE 400, Washington, DC, 20036

NTEE Category

Code: E03 - Health

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