LIONS EYE BANK FOUNDATION LIONS FOUNDATION FOR SIGHT (EIN 760226613) - 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

1990

Legal Domicile

Principal Officer

JERRY GILBERT

Phone

7137985545

Tax Period

2023-07-01 to 2024-06-30

LIONS EYE BANK FOUNDATION LIONS FOUNDATION FOR SIGHT, founded in 1990, is a small nonprofit in the Health Care sector that reported $116K in total revenue in fiscal year 2023. Revenue surged 38% from the prior year, signaling strong growth momentum. Expenses of $156K exceeded revenue, resulting in a 34% operating deficit.

Mission

SEE STATEMENT FROM PART III LINE 1

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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 $12,298

Program Service Revenue $0

Investment Income $103,947

Other Revenue $0

TOTAL REVENUE $116,245

Expense Breakdown

Grants Paid $47,500

Salaries & Benefits $50,055

Fundraising Expenses $0

Program Expenses $82,984

Other Expenses $57,980

TOTAL EXPENSES $155,535

Year-over-Year Comparison

	2023	2022	Change
Revenue	$116,245	$84,094	+0.4%
Expenses	$155,535	$100,029	+0.6%
Net Income	$-39,290	$-15,935	+1.5%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRIS MOORMAN	IMMED. PAST PRESIDENT	1.00	Officer Director	$0	$0	$0
JERRY GILBERT	PRESIDENT	1.00	Officer Director	$0	$0	$0
MARK ROTH	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
MICHAEL OLSZEWSKI	SECRETARY	1.00	Officer Director	$0	$0	$0
JUAN LOPEZ	TREASURER	1.00	Officer 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
2025	No data	No data	No data	No data
2024	$116,245	$155,535	$4,278,700	$-39,290
2023	$84,094	$142,115	$3,948,410	$-58,021
2022	$217,643	$100,029	$3,741,582	$117,614
2021	$210,623	$398,928	$4,494,388	$-188,305
2020	$110,246	$162,216	$3,908,055	$-51,970
2019	$363,401	$139,083	$3,905,307	$224,318
2018	$175,555	$72,622	$3,470,754	$102,933

LIONS EYE BANK FOUNDATION LIONS FOUNDATION FOR SIGHT