Form 990 for tax year 2024
Filed by EYE BANK ASSOCIATION OF AMERICA INC.
Totals
- Total revenue
- $3,123,103
- Total expenses
- $3,007,212
- Contributions and grants received
- $22,938
- Grants paid
- $134,442
- Program service revenue
- $2,298,972
- Investment income
- $691,492
- Other revenue
- $109,701
- Total assets, end of year
- $14,037,438
- Total liabilities, end of year
- $3,092,522
- Net assets or fund balances, end of year
- $10,944,916
- Program services expenses (Part IX)
- $2,065,553
- Management and general expenses
- $873,252
- Fundraising expenses
- $68,407
- Program service expenses (Part III)
- $2,065,553
Program services were 68.7% 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.
-
1a · Federated campaigns
$6,401
-
1f · All other contributions, gifts and grants
$16,537
-
2a · Program service revenue: Membership
total $1,545,723 · related or exempt $1,545,723
-
2b · Program service revenue: Certification Fees
total $204,872 · related or exempt $204,872
-
2c · Program service revenue: Meetings Conferences
total $544,962 · related or exempt $544,962
-
2d · Program service revenue: Educational Promotional Items
total $3,415 · related or exempt $3,415
-
3 · Investment income
total $394,994 · excluded $394,994
-
5 · Royalties
total $71,746 · excluded $71,746
-
6a · Gross rents
real property $22,927
-
6c · Rental income or loss
real property $22,927
-
6d · Net rental income or loss
total $22,927 · excluded $22,927
-
7a · Gross sales of assets other than inventory
securities $1,727,983
-
7b · Less cost or other basis and sales expenses
securities $1,431,485
-
7c · Gain or loss
securities $296,498
-
7d · Net gain or loss
total $296,498 · excluded $296,498
-
11a · Other revenue: Miscellaneous
total $15,028 · related or exempt $15,028
-
11e · Other revenue, total
$15,028
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $134,442 · program services $134,442
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $454,035 · program services $244,205 · management and general $188,847 · fundraising $20,983
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $649,488 · program services $574,131 · management and general $67,821 · fundraising $7,536
-
8 · Pension plan contributions
total $57,492 · program services $42,635 · management and general $13,371 · fundraising $1,486
-
9 · Other employee benefits
total $114,088 · program services $84,885 · management and general $18,940 · fundraising $10,263
-
10 · Payroll taxes
total $73,429 · management and general $73,429
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $38,929 · program services $24,284 · management and general $13,180 · fundraising $1,465
-
11c · Fees: accounting
total $102,034 · management and general $91,831 · fundraising $10,203
-
11d · Fees: lobbying
total $0
-
11f · Fees: investment management
total $62,573 · management and general $62,573
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $51,967 · program services $34,439 · management and general $15,775 · fundraising $1,753
-
14 · Information technology
total $125,210 · program services $64,544 · management and general $54,599 · fundraising $6,067
-
15 · Royalties
total $0
-
16 · Occupancy
total $166,240 · program services $111,577 · management and general $49,197 · fundraising $5,466
-
17 · Travel
total $65,500 · program services $56,752 · management and general $7,873 · fundraising $875
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $509,164 · program services $506,723 · management and general $2,197 · fundraising $244
-
20 · Interest
total $132,851 · management and general $132,851
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $15,639 · management and general $15,639
-
23 · Insurance
total $11,281 · program services -$638 · management and general $10,727 · fundraising $1,192
-
24a · Other expenses: Accreditation
total $3,500 · program services $3,500
-
24b · Other expenses: Dues and subscriptions
total $21,437 · program services $12,699 · management and general $7,864 · fundraising $874
-
24c · Other expenses: Consultants and speakers
total $142,700 · program services $124,002 · management and general $18,698
-
24d · Other expenses: Bank charges
total $20,385 · program services $174 · management and general $20,211
-
24e · All other expenses
total $54,828 · program services $47,199 · management and general $7,629
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $143,120 · end of year $21,569
-
4 · Accounts receivable
beginning of year $105,930 · end of year $48,839
-
9 · Prepaid expenses and deferred charges
beginning of year $114,125 · end of year $102,885
-
10a · Land, buildings and equipment: cost or other basis
$219,921
-
10b · Land, buildings and equipment: accumulated depreciation
$204,084
-
10c · Land, buildings and equipment, net
beginning of year $31,467 · end of year $15,837
-
11 · Investments: publicly traded securities
beginning of year $10,504,795 · end of year $11,631,152
-
13 · Investments: program-related
beginning of year $1,650,000 · end of year $1,800,000
-
15 · Other assets
beginning of year $578,837 · end of year $417,156
-
17 · Accounts payable and accrued expenses
beginning of year $490,226 · end of year $569,436
-
19 · Deferred revenue
beginning of year $21,853 · end of year $29,463
-
23 · Secured mortgages and notes payable
beginning of year $1,726,522 · end of year $2,009,373
-
25 · Other liabilities
beginning of year $658,516 · end of year $484,250
-
27 · Net assets without donor restrictions
beginning of year $9,180,993 · end of year $9,849,578
-
28 · Net assets with donor restrictions
beginning of year $1,050,164 · end of year $1,095,338
Mission and programs · 2024
Mission
The EBAA champions the restoration of sight through core services to its members which advance donation, transplantation, and research in their communities and throughout the world.
-
Quality Assurance Program Monitor uniform operating procedures and standards of integrity among member Eye Banks
Expenses $161,615
-
Direct Consultation and Education Provide direct consultation and education to Eye Banks
Expenses $1,772,254 · Grants $11,942
-
Research grants and fellowships
Expenses $131,684 · Grants $122,500
As filed on the 2024 return.
Listed in Part VII
-
Corcoran Kevin
President CEO
- Total calculated
- $431,308
- From this org
- $362,223
- From related orgs
- $0
- Other
- $69,085
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $346,862
- Bonus
- $15,361
- Other
- not reported
- Deferred
- $34,833
- Nontaxable benefits
- $34,252
- Filer's total
- $431,308
-
DeMatteo Jennifer
Director of Regulations and Standards
- Total calculated
- $209,310
- From this org
- $177,718
- From related orgs
- $0
- Other
- $31,592
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $168,090
- Bonus
- $9,628
- Other
- not reported
- Deferred
- $17,783
- Nontaxable benefits
- $13,809
- Filer's total
- $209,310
-
Gardner Stacey
Director of Education
- Total calculated
- $183,206
- From this org
- $154,252
- From related orgs
- $0
- Other
- $28,954
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $145,335
- Bonus
- $8,917
- Other
- not reported
- Deferred
- $15,367
- Nontaxable benefits
- $13,587
- Filer's total
- $183,206
-
Bayus Colleen
Director of Communications
- Total calculated
- $146,483
- From this org
- $123,187
- From related orgs
- $0
- Other
- $23,296
- Hours/week
- 40
-
Genevieve Magnuson
DIrector of Member Services
- Total calculated
- $131,446
- From this org
- $109,139
- From related orgs
- $0
- Other
- $22,307
- Hours/week
- 40
-
Quirk Jim
Chair
- Total calculated
- $0
- Hours/week
- 1
-
Kaufman Adam
Secretary/Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Chamberlain Winston
Chair-Elect
- Total calculated
- $0
- Hours/week
- 1
-
Schweitzer Shannon
Board
- Total calculated
- $0
- Hours/week
- 1
-
Li Jennifer
Immediate Past Chair
- Total calculated
- $0
- Hours/week
- 1
-
Mian Shahzad
MAB Chair
- Total calculated
- $0
- Hours/week
- 1
-
Baker Esther
Board
- Total calculated
- $0
- Hours/week
- 1
-
Jameson Clover
Board
- Total calculated
- $0
- Hours/week
- 1
-
McCoy Kristen
Board
- Total calculated
- $0
- Hours/week
- 1
-
Rhee Michelle
Board
- Total calculated
- $0
- Hours/week
- 1
-
Hanna Chris
Board
- Total calculated
- $0
- Hours/week
- 1
-
Samuel Ramos
Board
- 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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Compensation committee
- 3 · Written employment contract
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
University of Miami
$50,000
-
University of Iowa
$15,000
-
Case Western
$12,500
-
Cornea Society
$10,000
-
Stein Eye Institute
$7,500
-
Kellogg Eye Center
$7,500
-
Schepens Eye Research
$7,500
-
VisionGift
$7,500
-
University of South Florida
$7,500
-
Wilmer Eye Institute
$7,500
The 10 largest by cash amount. The API serves every itemized grant.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 1 February 2026
- IRS schema version
- 2024v5.2
- Source object
- 202620339349300707
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