FLORIDA LIONS EYE BANK INC

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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

1961

Legal Domicile

Principal Officer

ELIZABETH FOUT

Phone

3053244340

Tax Period

2024-07-01 to 2025-06-30

FLORIDA LIONS EYE BANK INC, founded in 1961, is a community nonprofit in the Health Care sector that reported $3.7M in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year. Expenses of $4.3M exceeded revenue, resulting in a 16% operating deficit.

Mission

FLORIDA LIONS EYE BANK PROVIDES OPHTHALMIC SERVICES TO OPHTHALMOLOGISTS AND PATIENTS TO ASSIST WITH TREATMENT, AND ADVANCES THE FIELD OF OPHTHALMOLOGY THROUGH RESEARCH AND INNOVATION FOR THE BETTERMENT OF HUMANKIND.

Program Service Accomplishments

Program 1

Expenses: $3,847,897 Revenue: $3,377,396

FLORIDA LIONS EYE BANK (DOING BUSINESS AS BEAUTY OF SIGHT) IS A NON-PROFIT ORGANIZATION THAT RECOVERS, PROCESSES, AND DISTRIBUTES OCULAR TISSUE FOR SIGHT SAVING SURGERY, PROVIDES TISSUE AND FUNDING FOR OPHTHALMIC RESEARCH, AND OPERATES AN OCULAR PATHOLOGY LABORATORY. IN ADDITION, THE ORGANIZATION PROCESSES AUTOLOGOUS SERUM EYE DROPS FOR PATIENTS REQUIRING THIS THERAPY. DURING THE FISCAL YEAR, FLORIDA LIONS EYE BANK RECOVERED TISSUE FROM 885 EYE DONORS AND DISTRIBUTED TISSUE FOR 1,037 SURGERIES. THE ORGANIZATION PROVIDED 658 TISSUES FOR RESEARCH OR TEACHING PURPOSES AND PROCESSED 4,006 SPECIMENS IN THE OCULAR PATHOLOGY LABORATORY. FINALLY, THE ORGANIZATION PREPARED AUTOLOGOUS SERUM EYE DROPS FOR 1,888 PATIENTS THROUGHOUT FLORIDA.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,000

Program Service Revenue $3,332,131

Investment Income $354,850

Other Revenue $45,265

TOTAL REVENUE $3,733,246

Expense Breakdown

Grants Paid $158,000

Salaries & Benefits $2,109,855

Fundraising Expenses $193,697

Program Expenses $3,847,897

Other Expenses $2,071,392

TOTAL EXPENSES $4,339,247

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,733,246	$4,037,874	-0.1%
Expenses	$4,339,247	$4,251,859	+0.0%
Net Income	$-606,001	$-213,985	+1.8%

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

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

$114,731

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TONY MONTES	PRESIDENT	3.00	Officer Director	$0	$0	$0
BOBBY WRIGHT	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
JUDY GALM	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
JIM SILVERNALE	DIRECTOR	1.00	Director	$0	$0	$0
ELBIO JOSE GIMENEZ	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
GREG EVANS	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
ROBERT GENTILINI	DIRECTOR	1.00	Director	$0	$0	$0
KAREN STOWERS	DIRECTOR	1.00	Director	$0	$0	$0
KAREN DOUGLAS	DIRECTOR	1.00	Director	$0	$0	$0
ESPERANZA GOMEZ	DIRECTOR	1.00	Director	$0	$0	$0
MARIA FELISA DE KLER	SECRETARY	2.00	Officer Director	$0	$0	$0
CATHERINE TRIANA	DIRECTOR	1.00	Director	$0	$0	$0
JOEL LEVENSTON	TREASURER	2.00	Officer Director	$0	$0	$0
BLAIR S KUNKA	DIRECTOR	1.00	Director	$0	$0	$0
JAMES CAMPBELL	IMMEDIATE PAST PRESIDENT	1.00	Officer Director	$0	$0	$0
JERRY SKUFE	DIRECTOR	1.00	Director	$0	$0	$0
ELIZABETH FOUT	EXECUTIVE DIRECTOR	1.00	Officer	$0	$0	$114,731

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	$3,733,246	$4,339,247	$22,768,229	$-606,001
2024	$4,037,874	$4,251,859	$21,145,398	$-213,985
2023	$4,366,928	$4,391,820	$21,369,050	$-24,892
2022	$4,260,143	$4,498,298	$19,559,496	$-238,155
2021	$4,211,145	$4,189,500	$22,020,895	$21,645
2020	$3,512,107	$4,074,761	$17,609,675	$-562,654
2019	$3,570,277	$3,778,708	$18,233,954	$-208,431
2018	$3,585,196	$3,741,488	$18,197,570	$-156,292