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Nonprofiteer
← LIONS WORLD VISION INSTITUTE INC

Form 990 for tax year 2024

Filed by LIONS WORLD VISION INSTITUTE INC.

Totals

Total revenue
$52,217,947
Total expenses
$47,563,013
Contributions and grants received
$20,000
Grants paid
$533,839
Program service revenue
$47,873,062
Investment income
$3,617,953
Other revenue
$706,932
Total assets, end of year
$54,145,280
Total liabilities, end of year
$10,107,567
Net assets or fund balances, end of year
$44,037,713
Program services expenses (Part IX)
$40,406,242
Management and general expenses
$7,156,771
Fundraising expenses
$0
Program service expenses (Part III)
$40,406,242

Program services were 85.0% 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.

  • 1d · Related organizations

    $20,000

  • 2a · Program service revenue: TISSUE PROCESSING FEES

    total $47,873,062 · related or exempt $47,873,062

  • 3 · Investment income

    total $586,042 · excluded $586,042

  • 6a · Gross rents

    real property $388,638

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $388,638

  • 6d · Net rental income or loss

    total $388,638 · excluded $388,638

  • 7a · Gross sales of assets other than inventory

    securities $18,186,856

  • 7b · Less cost or other basis and sales expenses

    securities $15,154,945

  • 7c · Gain or loss

    securities $3,031,911

  • 7d · Net gain or loss

    total $3,031,911 · excluded $3,031,911

  • 11a · Other revenue: OTHER INCOME

    total $318,294 · excluded $318,294

  • 11e · Other revenue, total

    $318,294

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $533,839 · program services $533,839

  • 5 · Compensation of officers, directors and key employees

    total $653,475 · program services $535,787 · management and general $117,688

  • 7 · Other salaries and wages

    total $15,764,378 · program services $12,925,289 · management and general $2,839,089

  • 8 · Pension plan contributions

    total $726,976 · program services $596,051 · management and general $130,925

  • 9 · Other employee benefits

    total $2,234,602 · program services $1,832,161 · management and general $402,441

  • 10 · Payroll taxes

    total $1,358,112 · program services $1,113,523 · management and general $244,589

  • 11b · Fees: legal

    total $421,756 · program services $141,918 · management and general $279,838

  • 11c · Fees: accounting

    total $88,055 · program services $29,630 · management and general $58,425

  • 11d · Fees: lobbying

    total $171,834 · program services $57,821 · management and general $114,013

  • 11f · Fees: investment management

    total $41,158 · management and general $41,158

  • 11g · Fees: other

    total $609,974 · program services $224,408 · management and general $385,566

  • 12 · Advertising and promotion

    total $196,129 · program services $171,495 · management and general $24,634

  • 13 · Office expenses

    total $305,033 · program services $305,033

  • 14 · Information technology

    total $1,331,922 · program services $1,084,710 · management and general $247,212

  • 16 · Occupancy

    total $1,793,383 · program services $786,470 · management and general $1,006,913

  • 17 · Travel

    total $462,244 · program services $404,186 · management and general $58,058

  • 19 · Conferences, conventions and meetings

    total $8,006 · program services $7,000 · management and general $1,006

  • 20 · Interest

    total $3,815 · program services $2,340 · management and general $1,475

  • 22 · Depreciation, depletion and amortization

    total $1,030,744 · program services $405,489 · management and general $625,255

  • 23 · Insurance

    total $406,842 · program services $136,899 · management and general $269,943

  • 24a · Other expenses: EYE BANK FEES

    total $9,291,414 · program services $9,291,414

  • 24b · Other expenses: PROCUREMENT & PROCESSIN

    total $6,312,257 · program services $6,295,094 · management and general $17,163

  • 24c · Other expenses: LAB SUPPLIES & EXPENSES

    total $2,356,965 · program services $2,356,965

  • 24d · Other expenses: INTERNATIONAL PROGRAM

    total $88,890 · program services $77,725 · management and general $11,165

  • 24e · All other expenses

    total $1,371,210 · program services $1,090,995 · management and general $280,215

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $903,965 · end of year $1,101,263

  • 2 · Savings and temporary cash investments

    beginning of year $11,453,281 · end of year $13,809,948

  • 4 · Accounts receivable

    beginning of year $7,600,598 · end of year $6,826,272

  • 7 · Other notes and loans receivable

    beginning of year $750,703 · end of year $226,330

  • 8 · Inventories for sale or use

    beginning of year $765,827 · end of year $931,240

  • 9 · Prepaid expenses and deferred charges

    beginning of year $557,092 · end of year $399,415

  • 10a · Land, buildings and equipment: cost or other basis

    $21,399,119

  • 10b · Land, buildings and equipment: accumulated depreciation

    $13,510,598

  • 10c · Land, buildings and equipment, net

    beginning of year $7,600,743 · end of year $7,888,521

  • 11 · Investments: publicly traded securities

    beginning of year $18,772,044 · end of year $19,984,844

  • 14 · Intangible assets

    beginning of year $590,782 · end of year $468,926

  • 15 · Other assets

    beginning of year $1,172,957 · end of year $2,508,521

  • 17 · Accounts payable and accrued expenses

    beginning of year $5,911,060 · end of year $6,781,135

  • 25 · Other liabilities

    beginning of year $2,364,532 · end of year $3,326,432

  • 27 · Net assets without donor restrictions

    beginning of year $41,892,400 · end of year $44,037,713

Mission and programs · 2024

Mission

INCREASE PUBLIC AWARENESS WITH THE LONG-TERM GOAL OF INCREASING THE NUMBER OF DONATED TISSUES FOR TRANSPLANTATION AND RESEARCH TO IMPROVE PEOPLE'S LIVES AND HONOR THE DONOR'S GIFT.

Activities or mission (Part I)

TO ELEVATE STANDARDS IN SIGHT RESTORATION, TISSUE TRANSPLANTATION, RESEARCH, AND EDUCATION.

  • LIONS WORLD VISION INSTITUTE IS A NONPROFIT ORGANIZATION COMMITTED TO HONORING VISION AS A BASIC HUMAN RIGHT. OUR WORK EXTENDS AROUND THE GLOBE AND INCLUDES DONOR FAMILY AND RECIPIENT SUPPORT, ADVANCED TISSUE PREPARATION FOR TRANSPLANT CASES, INNOVATIVE RESEARCH AND TECHNOLOGY DEVELOPMENT, EYE BANK AND SURGEON TRAINING PROGRAMS, PEDIATRIC VISION SERVICES, AND COMMUNITY-BASED EDUCATION IN LOCAL AND INTERNATIONAL COMMUNITIES FOR THOSE WHO ARE VISUALLY IMPAIRED. WITH OUR WORLDWIDE ECOSYSTEM OF EYE BANKS, SURGEONS, AND RESEARCH LEADERS, WE WORK TIRELESSLY TO HONOR A DONOR'S GIFT BY PROTECTING AND SUPPORTING SIGHT RESTORATION FOR HUNDREDS OF THOUSANDS OF PEOPLE-TRANSFORMING LIVES AROUND THE WORLD. SO THE WORLD CAN SEE.(CONTINUED ON SCHEDULE O)OUR CORNERSTONE SERVICES INCLUDE:DONATION AND TRANSPLANT SERVICES: WE ARE A GLOBAL LEADER IN TRANSPLANT FACILITATION, WORKING CLOSELY WITH DONOR FAMILIES, TRANSPLANT RECIPIENTS, HOSPITALS, AND SURGEONS TO PROVIDE HOPE AND HEALING THROUGH CORNEA AND TISSUE TRANSPLANTATION.RESEARCH & INNOVATION: OUR MEDICAL INNOVATIONS AND RESEARCH BREAKTHROUGHS ARE DESIGNED TO STREAMLINE CORNEA TRANSPLANT PROCEDURES FOR SURGEONS AND IMPROVE CLINICAL OUTCOMES FOR PATIENTS.PREVENTION & EDUCATION: OUR NATIONALLY RECOGNIZED COMMUNITY PROGRAMS PROVIDE THOUSANDS OF CHILDREN FREE ACCESS TO EYE CARE EVERY YEAR - PROTECTING THEIR RIGHT TO CLEAR SIGHTWITH OVER 100 YEARS OF COMBINED WORK, WE HAVE HELPED PROVIDE THE LIFE-TRANSFORMATIVE GIFT OF SIGHT TO MORE THAN 500,000 MEN, WOMEN, AND CHILDREN WORLDWIDE.

    Expenses $36,365,617 · Grants $533,839 · Revenue $47,873,062

  • PUBLIC & PROFESSIONAL EDUCATION - INCREASE AWARENESS OF NEED FOR TISSUE PROCUREMENT WITH LONG TERM GOAL OF INCREASING THE NUMBER OF DONORS, CHANGING MORE PEOPLE'S LIVES, AND HONORING THE GIFT.

    Expenses $4,040,625

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • CARL TREMONTI

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • EDWIN NARAIN

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • STEVE SHORT

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • ANDREW MCINTOSH

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • STEVE CSENGE

    FOUNDATION CHAIR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • DOUGLASS E PACE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • FELICIA HARVEY

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • MARIE CHINNICI-EVERITT

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • PETER DINIACO

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • JANE RADY

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • SANJAY CHHEDA

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • DR CLIFF SALINGER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • DR BEN LAMBRIGHT

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • MARK PITTS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • MICHAEL GRIFFIN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • JASON K WOODY

    PRESIDENT & CEO

    Total calculated
    $462,102
    From this org
    $427,784
    From related orgs
    $0
    Other
    $34,318
    Hours/week
    40 + 2 related

    Schedule J breakdown matched by us

    Base
    $352,784
    Bonus
    $75,000
    Other
    $0
    Deferred
    $24,605
    Nontaxable benefits
    $9,713
    Filer's total
    $462,102

  • BEATRIZ D VIAMONTES

    CHIEF FINANCIAL OFFICER

    Total calculated
    $263,261
    From this org
    $225,691
    From related orgs
    $0
    Other
    $37,570
    Hours/week
    40 + 1 related

    Schedule J breakdown matched by us

    Base
    $205,191
    Bonus
    $20,500
    Other
    $0
    Deferred
    $27,810
    Nontaxable benefits
    $9,760
    Filer's total
    $263,261

  • ARTHUR KURZ

    CHIEF MARKETING OFFICER

    Total calculated
    $299,087
    From this org
    $251,727
    From related orgs
    $0
    Other
    $47,360
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $231,727
    Bonus
    $20,000
    Other
    $0
    Deferred
    $31,901
    Nontaxable benefits
    $15,459
    Filer's total
    $299,087

  • JEFFERY THOMAS

    REGIONAL VICE PRESIDENT

    Total calculated
    $279,884
    From this org
    $255,978
    From related orgs
    $0
    Other
    $23,906
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $235,978
    Bonus
    $20,000
    Other
    $0
    Deferred
    $23,000
    Nontaxable benefits
    $906
    Filer's total
    $279,884

  • ANDREA L CROSSON

    REGIONAL VICE PRESIDENT

    Total calculated
    $187,116
    From this org
    $167,343
    From related orgs
    $0
    Other
    $19,773
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $156,452
    Bonus
    $10,000
    Other
    $891
    Deferred
    $10,124
    Nontaxable benefits
    $9,649
    Filer's total
    $187,116

  • JAMES MCCORKLE

    MANAGER OF TRANSFORMATION PROGRAMS

    Total calculated
    $175,913
    From this org
    $155,339
    From related orgs
    $0
    Other
    $20,574
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $149,395
    Bonus
    $5,944
    Other
    $0
    Deferred
    $10,048
    Nontaxable benefits
    $10,526
    Filer's total
    $175,913

  • KAREN DEMARCO

    DIRECTOR OF DOMESTIC BUSIN

    Total calculated
    $200,520
    From this org
    $179,878
    From related orgs
    $0
    Other
    $20,642
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $119,378
    Bonus
    $60,500
    Other
    $0
    Deferred
    $11,017
    Nontaxable benefits
    $9,625
    Filer's total
    $200,520

  • ERKIN ABDULLAYEV

    INNOVATION AND CLIN DEVEL

    Total calculated
    $174,510
    From this org
    $143,041
    From related orgs
    $0
    Other
    $31,469
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $138,022
    Bonus
    $5,019
    Other
    $0
    Deferred
    $21,854
    Nontaxable benefits
    $9,615
    Filer's total
    $174,510

  • MANOJ GOUDA

    ENTERPRISE DATA SECURITY A

    Total calculated
    $180,150
    From this org
    $162,878
    From related orgs
    $0
    Other
    $17,272
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $156,271
    Bonus
    $5,986
    Other
    $621
    Deferred
    $11,235
    Nontaxable benefits
    $6,037
    Filer's total
    $180,150

  • DIANA FLORES

    DIRECTOR DONOR SERVICES

    Total calculated
    $152,312
    From this org
    $128,353
    From related orgs
    $0
    Other
    $23,959
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $123,078
    Bonus
    $5,275
    Other
    $0
    Deferred
    $8,285
    Nontaxable benefits
    $15,674
    Filer's total
    $152,312

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 · Form 990 of other organizations
  • 3 · Written employment contract
  • 3 · Approval by the board or compensation committee

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

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
23 February 2026
IRS schema version
2024v5.5
Source object
202600549349301035

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