MEDICAL EYE BANK OF WEST VIRGINIA INC

EIN: 237217159 501(c)(3)

CHARLESTON, WV

Total Revenue
$908,168
Total Expenses
$876,119
Total Assets
$1,506,738
Net Assets
$1,446,070
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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
1972
Legal Domicile
WV
Principal Officer
KENNETH R SHERIFF
Phone
3049269200
Tax Period
2023-07-01 to 2024-06-30

MEDICAL EYE BANK OF WEST VIRGINIA INC, founded in 1972, is a small nonprofit that reported $908K in total revenue in fiscal year 2023. Expenses of $876K left a modest 4% surplus.

Mission

HUMAN CORNEAL TISSUE TRANSPLANTATION

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $315
Program Service Revenue $878,663
Investment Income $29,190
Other Revenue $0
TOTAL REVENUE $908,168

Expense Breakdown

Grants Paid $0
Salaries & Benefits $616,870
Fundraising Expenses $0
Program Expenses $737,733
Other Expenses $259,249
TOTAL EXPENSES $876,119

Year-over-Year Comparison

2023 2022 Change
Revenue $908,168 $936,322 0.0%
Expenses $876,119 $803,298 +0.1%
Net Income $32,049 $133,024 -0.8%
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

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Governance

Voting Members
17
Independent Members
17
Employees
6
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
5
$139,016
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HEATHER SKEENS MD CHAIR N/A
Director
$0 $0 $0
ALLAN MCVEY 1ST VICE-CHA N/A
Officer Director
$0 $0 $0
JAMES CAUDILL MD 2ND VICE-CHA N/A
Officer Director
$0 $0 $0
SHARON KING SECRETARY N/A
Officer Director
$0 $0 $0
ROBERT RYAN TREASURER N/A
Officer Director
$0 $0 $0
THOMAS MAUGER MD MEDICAL DIRE N/A
Director
$0 $0 $0
KENNETH R SHERIFF EXECUTIVE DI 40.00
Officer
$127,947 $11,069 $139,016
GARY BOYD DIRECTOR N/A
Director
$0 $0 $0
STEPHEN CASSIS MD DIRECTOR N/A
Director
$0 $0 $0
HEATH L LEMLEY MD DIRECTOR N/A
Director
$0 $0 $0
LAI LINGO MD DIRECTOR N/A
Director
$0 $0 $0
JOSEPH LOCASCIO MD DIRECTOR N/A
Director
$0 $0 $0
MARIAN MACSAI MD DIRECTOR N/A
Director
$0 $0 $0
RICHARD RASHID MD DIRECTOR N/A
Director
$0 $0 $0
THOMAS RUSHTON MD DIRECTOR N/A
Director
$0 $0 $0
MICHAEL VICTORSON DIRECTOR N/A
Director
$0 $0 $0
PAUL WHEELER DIRECTOR N/A
Director
$0 $0 $0
THOMAS WESTFALL DIRECTOR N/A
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 No data No data No data No data
2024 $908,168 $876,119 $1,506,738 $32,049
2023 $936,322 $803,298 $1,470,640 $133,024
2022 $987,126 $828,641 $1,334,691 $158,485
2021 $831,620 $717,052 $1,161,101 $114,568
2020 $666,039 $693,245 $1,064,537 $-27,206
2019 $726,185 $714,986 $1,095,773 $11,199
2018 $721,576 $696,667 $1,071,491 $24,909
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