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Nonprofiteer
← SEVA FOUNDATION

Form 990 for tax year 2022

Filed by SEVA FOUNDATION.

Totals

Total revenue
$10,378,969
Total expenses
$12,573,891
Contributions and grants received
$9,629,176
Grants paid
$5,287,391
Program service revenue
$0
Investment income
$815,182
Other revenue
-$65,389
Total assets, end of year
$34,881,407
Total liabilities, end of year
$1,199,910
Net assets or fund balances, end of year
$33,681,497
Program services expenses (Part IX)
$9,774,230
Management and general expenses
$1,397,786
Fundraising expenses
$1,401,875
Program service expenses (Part III)
$9,774,230

Program services were 77.7% 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.

  • 1c · Fundraising events

    $33,789

  • 1f · All other contributions, gifts and grants

    $9,595,387

  • 1g · Noncash contributions included above

    $51,761

  • 3 · Investment income

    total $815,182 · excluded $815,182

  • 8a · Fundraising events: gross income

    $28,728

  • 8a · Fundraising events: contributions included on line 1c

    $33,789

  • 8b · Fundraising events: direct expenses

    $90,886

  • 8c · Net income from fundraising events

    total -$62,158 · excluded -$62,158

  • 10b · Cost of goods sold

    $3,231

  • 10c · Net income from sales of inventory

    total -$3,231 · related or exempt -$3,231

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $714,351 · program services $714,351

  • 3 · Grants to foreign organizations and individuals

    total $4,573,040 · program services $4,573,040

  • 5 · Compensation of officers, directors and key employees

    total $463,927 · program services $251,368 · management and general $163,044 · fundraising $49,515

  • 7 · Other salaries and wages

    total $2,270,300 · program services $1,313,850 · management and general $474,486 · fundraising $481,964

  • 8 · Pension plan contributions

    total $81,900 · program services $41,929 · management and general $19,229 · fundraising $20,742

  • 9 · Other employee benefits

    total $217,419 · program services $66,939 · management and general $111,025 · fundraising $39,455

  • 10 · Payroll taxes

    total $159,728 · program services $78,387 · management and general $44,014 · fundraising $37,327

  • 11b · Fees: legal

    total $62,177 · program services $9,411 · management and general $52,766

  • 11c · Fees: accounting

    total $49,600 · management and general $49,600

  • 11e · Fees: professional fundraising services

    total $47,160 · fundraising $47,160

  • 11f · Fees: investment management

    total $6,351 · management and general $6,351

  • 11g · Fees: other

    total $1,641,397 · program services $1,257,407 · management and general $221,539 · fundraising $162,451

  • 12 · Advertising and promotion

    total $515,518 · program services $95,517 · management and general $61,738 · fundraising $358,263

  • 13 · Office expenses

    total $77,865 · program services $23,862 · management and general $25,499 · fundraising $28,504

  • 16 · Occupancy

    total $111,219 · program services $43,664 · management and general $34,807 · fundraising $32,748

  • 17 · Travel

    total $108,230 · program services $91,931 · management and general $16,289 · fundraising $10

  • 22 · Depreciation, depletion and amortization

    total $1,010 · management and general $1,010

  • 23 · Insurance

    total $23,159 · program services $8,344 · management and general $8,557 · fundraising $6,258

  • 24a · Other expenses: PROGRAM EXPENSES

    total $561,391 · program services $561,391

  • 24b · Other expenses: FEES & DUES

    total $529,812 · program services $344,294 · management and general $50,760 · fundraising $134,758

  • 24c · Other expenses: COMMUNITY OUTREACH/EYE

    total $297,477 · program services $297,477

  • 24d · Other expenses: OTHER EXPENSES

    total $60,860 · program services $1,068 · management and general $57,072 · fundraising $2,720

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,472,128 · end of year $1,098,785

  • 2 · Savings and temporary cash investments

    beginning of year $2,049,757 · end of year $263,915

  • 3 · Pledges and grants receivable

    beginning of year $696,807 · end of year $2,984,228

  • 4 · Accounts receivable

    beginning of year $23,480 · end of year $22,204

  • 7 · Other notes and loans receivable

    beginning of year $256,159 · end of year $250,846

  • 8 · Inventories for sale or use

    beginning of year $21,521 · end of year $22,514

  • 9 · Prepaid expenses and deferred charges

    beginning of year $303,192 · end of year $131,028

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

    $163,679

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

    $163,679

  • 10c · Land, buildings and equipment, net

    beginning of year $1,010 · end of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $30,689,224 · end of year $30,107,887

  • 15 · Other assets

    beginning of year $2,800 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $541,245 · end of year $857,420

  • 18 · Grants payable

    beginning of year $191,020 · end of year $342,490

  • 27 · Net assets without donor restrictions

    beginning of year $31,054,429 · end of year $28,217,383

  • 28 · Net assets with donor restrictions

    beginning of year $3,729,384 · end of year $5,464,114

Mission and programs · 2022

Mission

SEVA FOUNDATION PARTNERS WORLDWIDE TO CREATE SELF-SUSTAINING PROGRAMS THAT PRESERVE AND RESTORE SIGHT. OUR VISION IS A WORLD FREE OF AVOIDABLE BLINDNESS.

Activities or mission (Part I)

PARTNER WORLDWIDE TO CREATE SELF-SUSTAINING PROGRAMS THAT PRESERVE AND RESTORE SIGHT.

  • SIGHT SERVICES & RESTORATION PROGRAMSEVA IS A GLOBAL NONPROFIT EYE CARE ORGANIZATION THAT TRANSFORMS LIVES BY RESTORING SIGHT AND PREVENTING BLINDNESS. SINCE 1978, SEVA HAS PROVIDED SIGHT-SAVING SURGERIES, EYEGLASSES, MEDICINE, AND OTHER EYE CARE SERVICES TO 57 MILLION PEOPLE IN UNDERSERVED COMMUNITIES AROUND THE WORLD.GLOBALLY, AT LEAST 2.2 BILLION PEOPLE HAVE A VISION IMPAIRMENT, AND OF THESE, OVER 1.1 BILLION PEOPLE HAVE A VISION IMPAIRMENT THAT COULD HAVE BEEN PREVENTED OR IS YET TO BE ADDRESSED. OUR PROGRAMS HAVE BEEN INSTRUMENTAL IN MAKING EYE CARE AVAILABLE TO THOSE WHO CAN'T AFFORD IT. THEY ARE DRIVEN BY 4 PILLARS - ESTABLISHING SELF-SUSTAINING VISION CENTERS, EYE CARE FOR CHILDREN, BRINGING THE BEST IN TECHNOLOGY, AND TRAINING & JOB CREATION.TOWARDS THIS AIM, SEVA CREATED THE GLOBAL SIGHT INITIATIVE (GSI), A NETWORK THAT INCREASES THE PRODUCTIVITY OF EYE HOSPITALS AROUND THE GLOBE. LAST YEAR, 136 HOSPITALS WERE PART OF THE GSI NETWORK. MENTOR EYE CARE INSTITUTIONS LOCATED IN INDIA, NEPAL, GUATEMALA, PERU, AND TANZANIA COLLABORATED WITH MENTEE HOSPITALS IN 20 COUNTRIES WITH TRAINING AND CONSULTANCY SERVICES IN OPHTHALMOLOGY, OPTOMETRY, VISION SCIENCES AND HOSPITAL MANAGEMENT. DURING THIS REPORT YEAR, SEVA'S NETWORK OF PROGRAMS AND PARTNERS PROVIDED EYE CARE SERVICES TO 6,576,441 PEOPLE (MORE THAN 50% WOMEN AND GIRLS) AND 867,489 SIGHT SAVING SURGERIES. IN ADDITION, 59,005 CHILDREN RECEIVED EYEGLASSES. IN ASIA, SEVA MADE EYE CARE SERVICES AVAILABLE TO APPROXIMATELY 3 MILLION PEOPLE BY ESTABLISHING 25 PRIMARY EYE CARE VISION CENTERS IN BANGLADESH, CAMBODIA, INDIA, AND NEPAL. IN SUB-SAHARAN AFRICA, CATARACT REMAINS THE BIGGEST CAUSE OF BLINDNESS. THIS PAST YEAR, SEVA SUPPORTED PARTNER HOSPITALS TO PROVIDE 8,026 CATARACT SURGERIES AND 128,836 EYE EXAMS AND SERVICES. IN THE AMERICAS, SEVA FUNDED 2 VISION CENTERS AND SUPPORTED PARTNER HOSPITALS TO PROVIDE 15,017 CATARACT SURGERIES AND 159,897 EYE EXAMS AND SERVICES. GLOBALLY, 4,719 DOCTORS, NURSES, ALLIED HEALTH WORKERS, HOSPITAL ADMINISTRATORS, AND TEACHERS RECEIVED TRAINING IN EYE HEALTH CARE PROVISION AND OUTREACH. SPECIFICALLY, SEVA PROVIDED 16 HIGH IMPACT TRAININGS, REACHING 493 PEOPLE TO ESTABLISH AND IMPROVE TRAINING PROGRAMS AT THEIR HOSPITAL. IN ALL PROGRAMS, SEVA CONTINUALLY MONITORS PROGRAM ACTIVITIES AND OUTCOMES TO DETERMINE THE EVIDENCE OF IMPACT AS WE GO, AND COURSE CORRECT AS NEEDED.SEVA BELIEVES THAT RESTORING SIGHT IS ONE OF THE MOST COST-EFFECTIVE WAYS TO RELIEVE SUFFERING AND REDUCE POVERTY. WHEN A BLIND PERSON GETS HER SIGHT BACK, SHE CAN GO BACK TO WORK, EARN AND SUPPORT HER FAMILY.

    Expenses $9,774,230 · Grants $5,287,391

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Mariano Yee

    CHAIR OF THE BOARD

    Total calculated
    $0
    Hours/week
    4

  • Claudio M Privitera

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    4

  • Lisa Laird

    TREASURER

    Total calculated
    $0
    Hours/week
    3

  • Neal Shorstein

    SECRETARY

    Total calculated
    $0
    Hours/week
    3

  • Vaughan Acton

    SECRETARY ELECT

    Total calculated
    $0
    Hours/week
    1

  • John Plowright

    BOARD MEMBER (THRU 03/23)

    Total calculated
    $0
    Hours/week
    4

  • Sanjay Rajan

    BOARD MEMBER (THRU 08/22)

    Total calculated
    $0
    Hours/week
    1

  • Yvette Joseph

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Wavy Gravy

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Dhivya Ravilla Ramasamy

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Martin Spencer

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Vanessa Wolter

    BOARD MEMBER (THRU 08/22)

    Total calculated
    $0
    Hours/week
    1

  • Jacob Wojnas

    BOARD MEMBER (AS OF 10/22)

    Total calculated
    $0
    Hours/week
    1

  • Kathleen Moynihan

    EXECUTIVE DIRECTOR

    Total calculated
    $255,834
    From this org
    $228,126
    From related orgs
    $0
    Other
    $27,708
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $213,636
    Bonus
    $14,000
    Other
    $490
    Deferred
    $11,700
    Nontaxable benefits
    $16,008
    Filer's total
    $255,834

  • Deborah Moses

    CFO

    Total calculated
    $200,445
    From this org
    $188,791
    From related orgs
    $0
    Other
    $11,654
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $169,562
    Bonus
    $14,000
    Other
    $5,229
    Deferred
    $9,473
    Nontaxable benefits
    $2,181
    Filer's total
    $200,445

  • Heidi Chase

    CHIEF PROGRAM OFFICER

    Total calculated
    $171,454
    From this org
    $161,645
    From related orgs
    $0
    Other
    $9,809
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $143,098
    Bonus
    $5,000
    Other
    $13,547
    Deferred
    $8,102
    Nontaxable benefits
    $1,707
    Filer's total
    $171,454

  • Ruth Tamura

    EXECUTIVE ASSISTANT/BOARD LIAISON (THRU 02/22)

    Total calculated
    $171,290
    From this org
    $169,664
    From related orgs
    $0
    Other
    $1,626
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $28,047
    Bonus
    $0
    Other
    $141,617
    Deferred
    $1,405
    Nontaxable benefits
    $221
    Filer's total
    $171,290

  • Julie Nestingen

    CHIEF PHILANTHROPY OFFICER

    Total calculated
    $158,612
    From this org
    $144,403
    From related orgs
    $0
    Other
    $14,209
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $125,543
    Bonus
    $5,000
    Other
    $13,860
    Deferred
    $7,697
    Nontaxable benefits
    $6,512
    Filer's total
    $158,612

  • Giri Sastromihardjo

    FINANCE DIRECTOR

    Total calculated
    $148,849
    From this org
    $142,181
    From related orgs
    $0
    Other
    $6,668
    Hours/week
    40

  • Suzanne Gilbert

    SR. DIR RESEARCH & STRAT OPP

    Total calculated
    $143,834
    From this org
    $134,802
    From related orgs
    $0
    Other
    $9,032
    Hours/week
    32

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 survey or study
  • 3 · Approval by the board or compensation committee
  • 4a · Severance or change-of-control payment
  • 7 · Other non-fixed payments

Answered no

  • 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
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 4A
RUTH TAMURA, A RETIRING EMPLOYEE, RECEIVED SEVERANCE OF $141,617, INCLUDED IN HER COMPENSATION ON PART II, COLUMN B(III).
PART I, LINE 7
MOST OF THE INDIVIDUALS LISTED ON PART VII RECEIVED NON-FIXED BONUSES BASED ON THEIR PERFORMANCE AND ACHIEVEMENT OF GOALS. BONUS DETERMINATION WAS DOCUMENTED IN WRITING AT THE TIME OF APPROVAL.

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

Provenance

Return type
form_990
Tax year
2022
Filed
15 November 2023
IRS schema version
2022v5.0
Source object
202323209349303357

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