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Nonprofiteer
← SIGHT FOR SOULS

Form 990 for tax year 2023

Filed by SIGHT FOR SOULS.

Totals

Total revenue
$213,583
Total expenses
$172,202
Contributions and grants received
$58,494
Grants paid
$0
Program service revenue
$154,861
Investment income
$228
Other revenue
$0
Total assets, end of year
$144,106
Total liabilities, end of year
$1,250
Net assets or fund balances, end of year
$142,856
Program services expenses (Part IX)
$155,720
Management and general expenses
$16,482
Fundraising expenses
$0
Program service expenses (Part III)
$155,720

Program services were 90.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $58,494

  • 2a · Program service revenue: PATIENT SERVICE REVENU

    total $154,861 · related or exempt $154,861

  • 3 · Investment income

    total $228 · excluded $228

Functional expenses

Part IX, the statement of functional expenses.

  • 11b · Fees: legal

    total $1,464 · management and general $1,464

  • 11c · Fees: accounting

    total $5,500 · program services $1,650 · management and general $3,850

  • 13 · Office expenses

    total $4,076 · program services $1,022 · management and general $3,054

  • 17 · Travel

    total $1,014 · management and general $1,014

  • 19 · Conferences, conventions and meetings

    total $5,604 · program services $5,604

  • 23 · Insurance

    total $1,335 · management and general $1,335

  • 24a · Other expenses: REIMBURSED SALARIES AND

    total $131,292 · program services $131,292

  • 24b · Other expenses: SUPPLIES

    total $13,806 · program services $13,806

  • 24c · Other expenses: MISCELLANEOUS

    total $5,765 · management and general $5,765

  • 24d · Other expenses: TRAINING

    total $1,321 · program services $1,321

  • 24e · All other expenses

    total $1,025 · program services $1,025

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $7,807 · end of year $13,887

  • 2 · Savings and temporary cash investments

    beginning of year $50,661 · end of year $35,859

  • 4 · Accounts receivable

    beginning of year $43,870 · end of year $69,643

  • 8 · Inventories for sale or use

    end of year $23,565

  • 9 · Prepaid expenses and deferred charges

    beginning of year $587 · end of year $1,152

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,450 · end of year $1,250

  • 27 · Net assets without donor restrictions

    beginning of year $92,510 · end of year $131,456

  • 28 · Net assets with donor restrictions

    beginning of year $8,965 · end of year $11,400

Mission and programs · 2023

Mission

TO INCREASE THE AVAILABILITY OF AFFORDABLE, HIGH QUALITY OPHTHALMOLOGICAL AND OTHER MEDICAL SERVICES. TO ENHANCE TRAINING OPPORTUNITIES FOR OPHTHALMOLOGIC SPECIALITIES AND ALLIED PROFESSIONALS ESPECIALLY LOCAL MEDICAL PERSONNEL IN DEVELOPING COUNTRIES. TO CONDUCT RESEARCH IN EYE DISEASES COMMON TO SUB-SAHARAN AFRICA.

Activities or mission (Part I)

TO PROVIDE OPHTHALMOLOGICAL CARE, TRAINING AND RESEARCH TO NEEDY PATIENTS IN COUNTRIES IN SUB-SAHARAN AFRICA BASED ON CHRISTIAN PRINCIPLES.

  • THE DISCOVERY EYE INSTITUTE IS A JOINT INITIATIVE OF AMERICAN AND ETHIOPIAN OPHTHALMOLOGISTS TO PROVIDE WORLD CLASS CLINIC CARE, TO SERVE AS A LEADER IN ADVANCED TRAINING FOR PHYSICIANS AND MEDICAL CARE PERSONNEL AND CONDUCT RESEARCH VITAL TO EYE CARE NEEDS IN THE REGION. THE PROGRAM IS CONDUCTED UNDER A MOU WITH MYUNGSUNG MEDICAL CENTER IN ADDIS ABABA. DEI ALSO IS ACTIVE IN PROVIDING MEDICAL OUTREACHES TO THE POOR.

    Expenses $155,720 · Revenue $154,861

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Demissie Tadesse MD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Thomas Hwang MD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Ronald Krueger MD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Ron Ferner

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • John Kempen MD

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • Scott Lawrence MD

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • L Tobias Klauder

    TREASURER (CURRENT)

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
30 April 2024
IRS schema version
2023v5.0
Source object
202421279349300047

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