CONNECTICUT LIONS EYE RESEARCH FOU… - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1956

Legal Domicile

Principal Officer

JANET BRUNWIN

Phone

2032313694

Tax Period

2024-07-01 to 2025-06-30

CONNECTICUT LIONS EYE RESEARCH FOUNDATION INC, founded in 1956, is a small nonprofit that reported $677K in total revenue in fiscal year 2024. Revenue surged 121% from the prior year, signaling strong growth momentum. The organization ran a surplus of $457K, a strong 68% operating margin.

Mission

EYE RESEARCH

Program Service Accomplishments

Program 1

Expenses: $180,317 Revenue: $9,921

PROGRAM SERVICES ARE EXPENSES TO RAISE FUNDS TO PROVIDE GRANTS FOR EYE RESEARCH WORK CARRIED OUT AT YALE NEW HAVEN AND UNIVERSITY OF CT HEALTH CENTER

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $630,451

Program Service Revenue $9,921

Investment Income $36,435

Other Revenue $340

TOTAL REVENUE $677,147

Expense Breakdown

Grants Paid $127,632

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $180,317

Other Expenses $92,048

TOTAL EXPENSES $219,680

Year-over-Year Comparison

	2024	2023	Change
Revenue	$677,147	$306,857	+1.2%
Expenses	$219,680	$202,704	+0.1%
Net Income	$457,467	$104,153	+3.4%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AKERS EILEEN	DISTRICT GOVERNOR	002.00	Director	$0	$0	$0
BENNETT JAMES	DIRECTOR	002.00	Director	$0	$0	$0
BRUNWIN JANET	TREASURER	002.00	Officer Director	$0	$0	$0
DOWLATSHAHI SIA	PRESIDENT	002.00	Officer Director	$0	$0	$0
DUDEK DENISE	IMMEDIATE PAST PRESIDENT	002.00	Officer Director	$0	$0	$0
FINLAYSON GEORGE	DIRECTOR	002.00	Director	$0	$0	$0
HURLBURT SUSAN	DISTRICT GOVERNOR	002.00	Director	$0	$0	$0
KEARNS CAROL	DIRECTOR	002.00	Director	$0	$0	$0
LEMIRE KEITH	DIRECTOR	002.00	Director	$0	$0	$0
MANTHEY WILLIAM	FIRST VICE PRESIDENT	002.00	Officer Director	$0	$0	$0
PFAU PETER	DIRECTOR	002.00	Director	$0	$0	$0
RANDALL KATHY	SECRETARY	002.00	Officer Director	$0	$0	$0
ROOTH CINDY	DIRECTOR	002.00	Director	$0	$0	$0
SCHLOSSER TERI	DIRECTOR	002.00	Director	$0	$0	$0
SCHUH HARRY	DIRECTOR	002.00	Director	$0	$0	$0
SCHULMAN SYD	DIRECTOR	002.00	Director	$0	$0	$0
SHRESTHA RAJ	DISTRICT GOVERNOR	002.00	Director	$0	$0	$0
WYATT MICHELE	SECOND VICE PRESIDENT	002.00	Officer Director	$0	$0	$0
ZAPPONE RICHARD	DIRECTOR	002.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$677,147	$219,680	$3,402,540	$457,467
2024	$306,857	$202,704	$2,673,088	$104,153
2023	$196,828	$170,044	$2,537,299	$26,784
2022	$449,784	$439,466	$2,479,025	$10,318
2021	$264,878	$435,231	$3,135,291	$-170,353
2020	$173,996	$162,443	$2,930,059	$11,553
2019	$508,829	$167,286	$2,872,489	$341,543

CONNECTICUT LIONS EYE RESEARCH FOUNDATION INC