LIONS EYE BANK OF WEST CENTRAL OHIO (EIN 311028109) - Form 990 Financial Analysis & Trantor Score

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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

1982

Legal Domicile

Principal Officer

KEN BETZ

Phone

9373961000

Tax Period

2023-01-01 to 2023-12-31

LIONS EYE BANK OF WEST CENTRAL OHIO, founded in 1982, is a community nonprofit that reported $4.3M in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $4.1M left a modest 7% surplus.

Mission

RECOVERY, PROCESSING AND DISTRIBUTION OF EYE TISSUE FOR 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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $6,840

Program Service Revenue $4,190,652

Investment Income $120,890

Other Revenue $16,133

TOTAL REVENUE $4,334,515

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,491,611

Fundraising Expenses $40,710

Program Expenses $3,446,583

Other Expenses $2,559,419

TOTAL EXPENSES $4,051,030

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,334,515	$3,856,260	+0.1%
Expenses	$4,051,030	$3,506,486	+0.2%
Net Income	$283,485	$349,774	-0.2%

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

Volunteers

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

$119,991

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KENNETH BETZ	CHAIRMAN OF BOARD	5.00	Officer Director	$0	$0	$0
EDWARD THORNHILL	VICE CHAIRMAN OF BOARD	1.00	Officer Director	$0	$0	$0
JACK MCCARTHY	TREASURER/SECRETARY	10.00	Officer Director	$0	$0	$0
DOUG BEITZEL	TRUSTEE	1.00	Director	$0	$0	$0
SUSAN DAY	TRUSTEE	1.00	Director	$0	$0	$0
ROBERT L PEETS DO	TRUSTEE	1.00	Director	$0	$0	$0
JOE JACKSON	TRUSTEE	1.00	Director	$0	$0	$0
SHANNON PRICE-SCHWEITZER	EXECUTIVE DIRECTOR	40.00	Director	$119,991	$0	$119,991
JEAN ECKERT	TRUSTEE	1.00	Director	$0	$0	$0
AMY HOOVER	TRUSTEE	1.00	Director	$0	$0	$0
LYDIA HOUSER	TRUSTEE	1.00	Director	$0	$0	$0
DIANE WILSON	TRUSTEE	1.00	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
2024	No data	No data	No data	No data
2023	$4,334,515	$4,051,030	$6,559,278	$283,485
2022	$3,856,260	$3,506,486	$5,523,437	$349,774
2021	$3,862,988	$3,070,637	$5,158,775	$792,351
2020	$2,795,152	$2,630,163	$4,596,930	$164,989

LIONS EYE BANK OF WEST CENTRAL OHIO