MIRACLES IN SIGHT

EIN: 560628753 501(c)(3)

WINSTON SALEM, NC

Total Revenue
$14,310,108
Total Expenses
$15,479,301
Total Assets
$21,173,627
Net Assets
$20,058,645
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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
1951
Legal Domicile
NC
Principal Officer
INGRID SCHUNDER
Phone
3367650932
Tax Period
2024-01-01 to 2024-12-31

MIRACLES IN SIGHT, founded in 1951, is a mid-sized nonprofit that reported $14.3M in total revenue in fiscal year 2024. Revenue decreased 14% compared to the prior year.

Mission

THE MISSION OF THE NORTH CAROLINA EYE BANK INC D/B/A MIRACLES IN SIGHT IS TO SUPPORT THE RESTORATION, PRESERVATION, AND ENHANCEMENT OF SIGHT THROUGH TRANSPLANT, RESEARCH, EDUCATION AND INNOVATION.

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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 $320,167
Program Service Revenue $13,184,606
Investment Income $767,648
Other Revenue $37,687
TOTAL REVENUE $14,310,108

Expense Breakdown

Grants Paid $150,000
Salaries & Benefits $7,164,542
Fundraising Expenses $0
Program Expenses $13,415,899
Other Expenses $8,164,759
TOTAL EXPENSES $15,479,301

Year-over-Year Comparison

2024 2023 Change
Revenue $14,310,108 $16,603,118 -0.1%
Expenses $15,479,301 $14,824,403 +0.0%
Net Income $-1,169,193 $1,778,715 -1.7%
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
14
Independent Members
14
Employees
109
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
10
$801,184
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
INGRID SCHUNDER PRESIDENT & 40.00
Officer
$228,261 $0 $228,261
KRISTEN MCCOY VP SURGICAL 40.00
Officer
$180,221 $0 $180,221
MIKE TRAMBER VP OF OPERAT 40.00
Officer
$171,844 $0 $171,844
SUSAN GRUNOW DONOR CENTER 40.00
Officer
$119,528 $0 $119,528
SARA KERR DIRECTOR OF 40.00
Officer
$101,330 $0 $101,330
PAUL BLEDSOE FINANCE & GO N/A
Director
$0 $0 $0
ANDY MEVERDEN M DIV FINANCE COMM N/A
Director
$0 $0 $0
DAVID TREMBLAY MD MEDICAL DIRE N/A
Officer Director
$0 $0 $0
DAVID BARNWELL MD CHAIRMAN N/A
Officer Director
$0 $0 $0
ROBERT ENZENAUER MD MEDICAL DIRE N/A
Officer Director
$0 $0 $0
ROY L ALSON PHD MD VICE CHAIR N/A
Officer Director
$0 $0 $0
KAREN RATCLIFFE SECRETARY/TR N/A
Officer Director
$0 $0 $0
SANDY SIKES FINANCE & GO N/A
Director
$0 $0 $0
DEAN VAVRA GOVERNANCE 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
2024 $14,310,108 $15,479,301 $21,173,627 $-1,169,193
2023 $16,603,118 $14,824,403 $23,742,418 $1,778,715
2022 $10,730,866 $13,509,748 $21,744,242 $-2,778,882
2021 $15,112,420 $12,060,711 $25,282,806 $3,051,709
2020 $11,460,025 $10,607,642 $22,057,527 $852,383
2019 $12,092,850 $11,161,774 $20,295,426 $931,076
2019 $12,092,850 $11,161,774 $20,295,426 $931,076
2019 $12,092,850 $11,161,774 $20,295,426 $931,076
2018 $9,083,983 $10,704,420 $19,301,756 $-1,620,437
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