Eversight

EIN: 382117115 501(c)(3)

Ann Arbor, MI

Total Revenue
$34,039,876
Total Expenses
$30,603,995
Total Assets
$48,487,446
Net Assets
$25,573,445
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Financial Trends

Organization Details

Formation Year
1986
Legal Domicile
MI
Principal Officer
Brian Roberts
Phone
8002477250
Tax Period
2024-01-01 to 2024-12-31

Eversight, founded in 1986, is a mid-sized nonprofit that reported $34.0M in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $30.6M left a modest 10% surplus.

Mission

Eversight's mission is to restore sight and prevent blindness through the healing power of donation, transplantation and research. Blinding eye diseases affect 80 million Americans. That means millions of people cannot see their loved ones, drive to work or read the newspaper on a Sunday morning. Their vision loss results in an economic impact of $51.4 billion every year in the United States alone. Eversight envisions a world without blindness-a world where all mothers can see their children and all children can grow up to lead independent, productive lives through the gift of sight. To make vision a reality for all, Eversight continuously works to expand its reach, connect more effectively with communities in need and provide the gift of sight to everyone.

Program Service Accomplishments

Program 1
Expenses: $23,033,157 Revenue: $28,388,552

RESORING SIGHT Eversight continues to take meaningful steps toward transforming the future of vision care by supporting sustainable eye banking infrastructure and providing priceless clinical...

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RESORING SIGHT Eversight continues to take meaningful steps toward transforming the future of vision care by supporting sustainable eye banking infrastructure and providing priceless clinical education. In 2024, Eversight provided the gift of sight to more than 10,200 people across the United States and around the world. Eversight provided 59 corneas for sight-restoring transplants gratis or at a reduced fee for uninsured patients.Eversight's work began in 1947 with the establishment of the fourth eye bank in the United States, then known as the Illinois Eye-Bank. Over time, nonprofit eye banks were established in every state to meet the critical demand for corneal tissue to treat preventable blindness.In 1985, the Illinois Eye-Bank and Michigan Eye-Bank formed a partnershipone that would earn a reputation for clinical excellence made possible by some of the finest medical directors, staff and board members in the eye banking field. The success of the organization attracted affiliations with other regional eye banks forming one of the largest networks of eye banks in the U.S. In 2015, the network became known as Eversight, all working together as a unified operation to deliver the highest quality services to surgeons and their patients and to continue to grow our impact around the world.Eversight provided more than 14,900 tissues for transplantation, research and education globally in 2024. We worked or placed tissue with physicians and researchers in 34 countries and facilitated training for 918 clinicians. Together with all our partnersadvocates, donor families, transplant recipients, surgeons, Lions, fellow eye banks, healthcare leaders, philanthropic supporters and many otherswe were able to make vision a reality for more people worldwide.

Program 2
Expenses: $193,609 Revenue: $75,664

FINDING A CURE In the pursuit of eliminating blinding eye diseases, Eversight established the Eversight Center for Vision and Eye Banking Research in Cleveland, Ohio, to provide leading ophthalmology...

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FINDING A CURE In the pursuit of eliminating blinding eye diseases, Eversight established the Eversight Center for Vision and Eye Banking Research in Cleveland, Ohio, to provide leading ophthalmology researchers with the resources they need to find cures and treatments for eye diseases such as age-related macular degeneration, diabetic retinopathy and glaucoma. Eversight provided more than 4,700 tissues for research and education purposes in 2024. Our in-house research team also provided Eversight partners with valuable research and development services and pioneered new eye banking practices.Since 2014, the Eversight researchers have authored 50 publications and given 34+ presentations at international conferences. The team published six publications in 2024 on: comparing cornea storage medias, perceptions of cornea and eye donation, automated counting and density of donor endothelial cells, protocol for corneal stromal stem cell cultivation, using trypan blue for cell viability after preloading DMEK grafts, and docosahexaenoic acid in diabetic humans and mice. With our many academic partners, Eversight researchers have contributed to over 250 peer-reviewed scientific papers that have garnered 6,300 citations and counting.Eversight has a longstanding track record of research and development, having awarded more than $4 million in grants to date that stimulate pioneering clinical and basic science research aiming to develop new ways to restore sight, prevent blindness and ultimately help patients live life to the fullest. Since 1980, our Eye & Vision Research Grant Program has supported researchers at leading academic medical institutions including Harvard, Tufts, Cleveland Clinic, Case Western Reserve, University of Michigan, Northwestern and more. By design, Eversight's grant program provides critical, early-stage funding that is intended to drive foundational research and discovery. Many of these projects have stimulated larger-scale studies and won further financial support from the National Institutes of Health.In the 2025 funding cycle, Eversight awarded four grants at Loyola University Chicago, University of Houston, University of Illinois Chicago and University of Michigan to advance studies to investigate developing a novel drug evaluation system to stimulate blood vessel growth experimentally using factors that have been linked to the pathophysiology of both wAMD and PDR; enhancing limbal stem cell preservation; understanding the biomechanics of keratoconus by looking at the composition and microstructure of normal human and keratoconus corneal extracellular matrix; and advancing therapies for ocular surface squamous neoplasia. Each year, recipients are selected by an independent review panel of academic researchers and ophthalmologists. This distinguished panel awards proposals that encourage meaningful scientific inquisition and align with Eversight's mission to restore sight and prevent blindness through the healing power of donation, transplantation and research.

Program 3
Expenses: $1,062,560 Revenue: $2,108,316

SUSTAINABLE INTERNATIONAL IMPACTEversight works to eliminate corneal blindness worldwide through eye bank development, clinical training and tissue provision. With more than 75 years of eye banking...

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SUSTAINABLE INTERNATIONAL IMPACTEversight works to eliminate corneal blindness worldwide through eye bank development, clinical training and tissue provision. With more than 75 years of eye banking expertise, we deliver both short- and long-term solutions to transform the lives of more than 12 million people suffering from corneal blindness globally. In 2024, Eversight International provided more than 4,200 tissues for transplant and worked with surgeons in 33 countries outside the United States, making the gift of sight possible for many in need. Eversight provided 76 cornea tissues for sight-restoring transplants gratis or at a reduced rate for medical missions and uninsured patients outside the United States.In medically underserved areas, Eversight Global Development fosters authentic relationships with local leaders to establish culturally informed eye donation frameworks and sustainable eye banking infrastructure. Our experienced team offers vital clinical training and education to eye surgeons and eye bank technicians on the latest clinical methods, improving access to life-changing transplants. Through the incredible generosity of our donors and donor families, Eversight Global Development also provides corneal tissue from the United States for transplant and research globally, providing hope for the future and restoring sight to patients in need. Our global mission is informed by and aligns with the United Nations Sustainable Development Goals (SDGs), with particular attention given to: #3 Good Health and Well-being, #4 Quality Education, #8 Decent Work and Economic Growth, #10 Reduced Inequalities and #11 Sustainable Cities & Communities. According to the World Health Organization, every dollar spent on improving eye health in underdeveloped areas generates a four-fold return on investment. To address systemic unmet need, Eversight actively works with medical professionals, governments, vision health organizations and other NGOs in regions lacking eye banks and infrastructure, including United Arab Emirates, Pakistan and South Korea. With proven eye banking and technical training practicesand having played a part in the elimination of the U.S. cornea transplant waiting listEversight is uniquely qualified to work with countries lacking transplant programs to help them establish national networks for eye banking and cornea donation with culturally appropriate donation models and state-of-the-art clinical capabilities.Globally, an estimated 2.2 billion people are impacted by blindness and visual impairment. Ninety percent of vision-impaired people live in low- and middle- income countries. Approximately one billion of these individuals are coping with blindness or visual impairment that can be characterized as preventable or not sufficiently addressed. Vision loss results in substantial economic impact worldwide due to the inability of people who are vision impaired to contribute to their fullest in their communities. Eversight envisions a world without blindnessa world where all people in every community can lead independent, productive lives through the gift of sight. While providing for immediate global cornea transplant needs with U.S. donor tissue, Eversight continues to address the global burden by empowering international communities to take meaningful, sustainable steps every day to make vision a reality for all.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,166,781
Program Service Revenue $30,572,532
Investment Income $2,281,435
Other Revenue $19,128
TOTAL REVENUE $34,039,876

Expense Breakdown

Grants Paid $60,000
Salaries & Benefits $14,610,374
Fundraising Expenses $642,188
Program Expenses $24,289,326
Other Expenses $15,933,621
TOTAL EXPENSES $30,603,995

Year-over-Year Comparison

2024 2023 Change
Revenue $34,039,876 $30,662,355 +0.1%
Expenses $30,603,995 $27,526,933 +0.1%
Net Income $3,435,881 $3,135,422 +0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
15
Independent Members
15
Employees
187
Volunteers
64

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
10
$1,454,556
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Patty Jo Herndon Imm. Past Chair 1.00
Officer Director
$0 $0 $0
Kathy L Zelenock Chair 1.00
Officer Director
$0 $0 $0
Joseph M Maiuri Treasurer 1.00
Officer Director
$0 $0 $0
Mahmoud N Ghazzi MD PhD Secretary 1.00
Officer Director
$0 $0 $0
Lorenzo Cervantes MD Director 1.00
Director
$0 $0 $0
Jonathan Lass MD Director 1.00
Director
$0 $0 $0
Shahzad Mian MD Director 1.00
Director
$0 $0 $0
Carol Cunningham MD Director 1.00
Director
$0 $0 $0
Probi Kapur Director 1.00
Director
$0 $0 $0
Carolyn M Welsh Vice-Chair 1.00
Director
$0 $0 $0
Sandra Fletcher Director 1.00
Director
$0 $0 $0
Peter Wroblewski Director 1.00
Director
$0 $0 $0
Jill Maher MA COE Director 1.00
Director
$0 $0 $0
John Ryan Director 1.00
Director
$0 $0 $0
Diane Hollingsworth President & CEO 50.00
Officer
$302,974 $34,437 $337,411
Michael O'Keefe Chief Operations Officer 50.00
Officer
$209,314 $29,609 $238,923
Julie Collins Chief Finance & Administrative Officer 50.00
Officer
$215,850 $29,609 $245,459
Michael Titus Sr. VP, Clinical Services 50.00
Officer
$218,538 $34,243 $252,781
Bret Hopman SR. VP, Marketing & Communications 50.00
Officer
$165,861 $32,569 $198,430
Onkar Sawant VP, Research & Innovations 50.00
Officer
$168,441 $13,111 $181,552
Caitlin Lopes Partner Relations Director 50.00
Highest
$126,027 $33,249 $159,276
Catherine McClory Director, Compliance & Quality Assurance 50.00
Highest
$157,251 $12,724 $169,975
Indu Vadakkepattath Data Scientist/Applications Manager 50.00
Highest
$150,320 $12,134 $162,454
Joseph Zullo Manager, Information Technology 50.00
Highest
$114,985 $16,481 $131,466
Kara Kelley Partner Relations Director 50.00
Highest
$109,886 $9,468 $119,354
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 $34,039,876 $30,603,995 $48,487,446 $3,435,881
2023 $30,662,355 $27,526,933 $45,849,022 $3,135,422
2022 $25,488,101 $24,016,038 $41,527,985 $1,472,063
2021 $28,194,670 $23,635,626 $41,315,497 $4,559,044
2020 $20,997,119 $20,473,565 $36,782,737 $523,554
2019 $22,878,172 $21,673,490 $33,975,355 $1,204,682
2018 $22,860,854 $22,616,869 $24,200,521 $243,985
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