LIONS OF DISTRICT 22-C EYE BANK & … - 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

1979

Legal Domicile

Principal Officer

MICHAEL BIGLER

Phone

3015997600

Tax Period

2019-07-01 to 2020-06-30

LIONS OF DISTRICT 22-C EYE BANK & RESEARCH FOUNDATION, founded in 1979, is a small nonprofit in the Community Improvement sector that reported $194K in total revenue in fiscal year 2019. The organization ran a surplus of $174K, a strong 90% operating margin.

Mission

LIONS COMMUNITY OUTREACH FOUNDATION (LCOF) IS A COMMUNITY BASED NON-PROFIT ORGANIZATION WHOSE PRIMARY OBJECTIVE IS TO PREVENT BLINDNESS THROUGH SIGHT SAVING OUTREACH PROGRAMS.

Program Service Accomplishments

Program 1

Expenses: $10,895

VISION, HEARING AND PRESSURE SCREENING (GLAUCOMA) PROGRAM: PROVIDE FREE SCREENINGS FOR ADULTS AND CHILDREN AGE 6 AND ABOVE. EVENT COULD CONSIST OF, BUT NOT LIMITED TO: NBC4 HEALTH AND FITNESS EXPO...

VISION, HEARING AND PRESSURE SCREENING (GLAUCOMA) PROGRAM: PROVIDE FREE SCREENINGS FOR ADULTS AND CHILDREN AGE 6 AND ABOVE. EVENT COULD CONSIST OF, BUT NOT LIMITED TO: NBC4 HEALTH AND FITNESS EXPO (ONCE A YEAR EVENT), STATE OR LOCAL COUNTY FAIRS AND INDIVIDUAL CLUB VISION INITIATIVES.

Program 2

Expenses: $5,447 Revenue: $122

PRE-SCHOOL VISION SCREENING PROGRAM: PROVIDES FREE SCREENINGS FOR CHILDREN AGES 1 TO 6. NBC4 HEALTH AND FITNESS EXPO (ONCE A YEAR EVENT), STATE OR LOCAL COUNTY FAIRS AND INDIVIDUAL CLUB VISION...

PRE-SCHOOL VISION SCREENING PROGRAM: PROVIDES FREE SCREENINGS FOR CHILDREN AGES 1 TO 6. NBC4 HEALTH AND FITNESS EXPO (ONCE A YEAR EVENT), STATE OR LOCAL COUNTY FAIRS AND INDIVIDUAL CLUB VISION INITIATIVES.

Program 3

Expenses: $1,816

RECYCLING PROGRAM: COLLECTION OF USED EYEGLASSES, HEARING AIDS AND LOW VISION AIDS. EYEGLASSES ARE STERILIZED, CATEGORIZED AND DISTRIBUTED AT NO COST TO THE POOR AND NEEDY IN LOW-INCOME AREAS AND...

RECYCLING PROGRAM: COLLECTION OF USED EYEGLASSES, HEARING AIDS AND LOW VISION AIDS. EYEGLASSES ARE STERILIZED, CATEGORIZED AND DISTRIBUTED AT NO COST TO THE POOR AND NEEDY IN LOW-INCOME AREAS AND DEVELOPING COUNTRIES. HEARING AIDS AND LOW VISION AIDS ARE DISTRIBUTED LOCALLY WITHIN OUR SERVICE AREA, WHICH INCLUDES MARYLAND, DELAWARE AND THE DISTRICT OF COLUMBIA.

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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 (2019)

Revenue Breakdown

Contributions & Grants $31,425

Program Service Revenue $122

Investment Income $161,606

Other Revenue $690

TOTAL REVENUE $193,843

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $18,158

Other Expenses $20,155

TOTAL EXPENSES $20,155

Year-over-Year Comparison

	2019	2018	Change
Revenue	$193,843	N/A	N/A
Expenses	$20,155	N/A	N/A
Net Income	$173,688	$0	N/A

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

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
MICHAEL BIGLER	PRESIDENT	7.00	Officer Director	$0	$0	$0
GARY BURDETTE	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
SANDRA HALTERMAN	SECRETARY	10.00	Officer Director	$0	$0	$0
JAMES BOXLER	TREASURER	5.00	Officer Director	$0	$0	$0
RICHARD BARB	IMMEDIATE PAST PRESIDENT	1.00	Officer Director	$0	$0	$0
MARY FRANCIS GOSNELL	BOARD MEMBER	1.00	Director	$0	$0	$0
ERVIN WHITEHEAD	BOARD MEMBER	1.00	Director	$0	$0	$0
KELLEY RANDOLPH	BOARD MEMBER	1.00	Director	$0	$0	$0
MIKE KING	BOARD MEMBER	1.00	Director	$0	$0	$0
DONALD BEESON	BOARD MEMBER	1.00	Director	$0	$0	$0
TED LADD	BOARD MEMBER	1.00	Director	$0	$0	$0
CHRIS KING	BOARD MEMBER	1.00	Director	$0	$0	$0
JOSEPH GAFFIGAN	BOARD MEMBER	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
2020	$193,843	$20,155	$625,072	$173,688

LIONS OF DISTRICT 22-C EYE BANK & RESEARCH FOUNDATION