Overview
What is Oklahoma Lions Sight Conservation Foundation Inc?
Oklahoma Lions Sight Conservation Foundation Inc is a nonprofit organization situated in Oklahoma City, Oklahoma. With a team of 11 dedicated individuals, their primary mission is to establish a well-structured eye bank, catering to medical professionals and potential corneal transplant recipients. By processing approximately 471 transplantable corneas, they strive to alleviate corneal blindness. Their ultimate objective is to eradicate the Oklahoma corneal transplant waiting list, thereby promoting better eye health and sight restoration for many individuals.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67% (Two-Star out of Four Star rating)
The Oklahoma Lions Sight Conservation Foundation Inc has received a Two-Star rating from Charity Navigator, primarily based on its Accountability & Finance score of 67%. This score reflects the organization's commitment to transparency and responsible financial practices. The charity has demonstrated strong governance features, including having 100% independent board members and maintaining a high program expense ratio, indicating that a significant portion of its resources is directed towards its mission.
In terms of accountability, the organization has shown no material diversion of assets and has documented board meeting minutes, which contributes positively to its rating. The liabilities to assets ratio is commendably low at 6.33%, suggesting a stable financial position. These strengths highlight a responsible management approach and a focus on fulfilling its charitable objectives.
However, the overall rating indicates that while the organization performs well in governance and financial management, there may be areas for improvement or transparency that could enhance its score further. Stakeholders may wish to monitor how the organization addresses these opportunities for growth in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Oklahoma Lions Sight Conservation Foundation Inc legitimate?
Oklahoma Lions Sight Conservation Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oklahoma Lions Sight Conservation Foundation 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: $569,930
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What is the mission statement of Oklahoma Lions Sight Conservation Foundation Inc?
The Oklahoma Lions Sight Conservation Foundation Inc's mission is centered around establishing a business-oriented eye bank. This eye bank aims to serve medical professionals and potential corneal transplant recipients, ensuring the utilization of top-notch eye tissue. The ultimate objective of the eye bank is to eradicate the Oklahoma corneal transplant waiting list. The foundation processes approximately 471 transplantable corneas to contribute to this mission.
What is the revenue of Oklahoma Lions Sight Conservation Foundation Inc?
Oklahoma Lions Sight Conservation Foundation Inc's revenue in 2024 was $2,258,634.
Who are the executives of Oklahoma Lions Sight Conservation Foundation Inc and what are their salaries?
The average compensation at Oklahoma Lions Sight Conservation Foundation Inc during 2024 was $40,709. There are 14 employees at Oklahoma Lions Sight Conservation Foundation Inc.
Here are 25 key members and their salaries:
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Where can I find the form 990 for Oklahoma Lions Sight Conservation Foundation Inc?
Oklahoma Lions Sight Conservation Foundation Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Oklahoma Lions Sight Conservation Foundation Inc
Oklahoma Lions Sight Conservation Foundation Inc is committed to a mission that aims to make a significant impact in the lives of corneal blind individuals. Their primary objective is to establish a well-managed eye bank, serving both medical professionals and potential recipients. This establishment ensures the use of top-notch eye tissue, with the ultimate goal of eradicating the Oklahoma transplant waiting list. The foundation processes approximately 471 transplantable corneas, playing a crucial role in restoring sight to those in need.
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Impact
July, 2024
Oklahoma Lions Sight Conservation Foundation Inc's impact is significant in helping bring sight to corneal blind individuals. They process approximately 471 transplantable corneas with the mission of establishing a healthy business-oriented eye bank to serve physicians and potential recipients. Their ultimate goal is to eliminate the Oklahoma transplant waiting list, making a difference in the lives of those affected by corneal blindness.
This information is meant to be a general summary of Oklahoma Lions Sight Conservation Foundation 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 2024.
- Investment Income: $19,652
- Program Service Revenue: $2,206,882
- Gross Receipts: $2,261,648
Assets and Liabilities:
- Total Assets: $2,231,329
- Total Liabilities: $179,860
- Net Assets: $2,051,469
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CORNEA PROCESSING FEES
Revenue
$2,165,030
INCOME FROM SHIPPING
Revenue
$41,852
Organization Details
Founding Year
1957
Principal Officer
Lori Miller
NTEE Category
Code: G41Z - Disease
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