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Nonprofiteer
← LIONS WORLD VISION INSTITUTE FOUNDATION INC

Form 990 for tax year 2022

Filed by LIONS WORLD VISION INSTITUTE FOUNDATION INC.

Totals

Total revenue
$1,653,599
Total expenses
$1,462,749
Contributions and grants received
$1,667,170
Grants paid
$1,171,752
Program service revenue
$0
Investment income
$8,153
Other revenue
-$21,724
Total assets, end of year
$1,590,646
Total liabilities, end of year
$540,010
Net assets or fund balances, end of year
$1,050,636
Program services expenses (Part IX)
$1,219,708
Management and general expenses
$84,924
Fundraising expenses
$158,117
Program service expenses (Part III)
$1,219,708

Program services were 83.4% 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.

  • 1c · Fundraising events

    $124,070

  • 1d · Related organizations

    $211,420

  • 1e · Government grants (contributions)

    $969,174

  • 1f · All other contributions, gifts and grants

    $362,506

  • 1g · Noncash contributions included above

    $340

  • 3 · Investment income

    total $8,153 · excluded $8,153

  • 8a · Fundraising events: gross income

    $126,287

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

    $124,070

  • 8b · Fundraising events: direct expenses

    $148,011

  • 8c · Net income from fundraising events

    total -$21,724 · excluded -$21,724

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,171,752 · program services $1,171,752

  • 7 · Other salaries and wages

    total $204,747 · program services $38,593 · management and general $42,102 · fundraising $124,052

  • 9 · Other employee benefits

    total $42,166 · program services $8,433 · management and general $33,733

  • 11c · Fees: accounting

    total $7,107 · management and general $7,107

  • 12 · Advertising and promotion

    total $7,626 · fundraising $7,626

  • 13 · Office expenses

    total $714 · program services $143 · fundraising $571

  • 14 · Information technology

    total $12,245 · fundraising $12,245

  • 17 · Travel

    total $3,936 · program services $787 · management and general $404 · fundraising $2,745

  • 24a · Other expenses: OTHER

    total $11,177 · management and general $1,322 · fundraising $9,855

  • 24b · Other expenses: CULTIVATION ACTIVITIES

    total $1,279 · management and general $256 · fundraising $1,023

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $1,012,253 · end of year $995,829

  • 4 · Accounts receivable

    beginning of year $7,250 · end of year $539,819

  • 9 · Prepaid expenses and deferred charges

    beginning of year $21,014 · end of year $54,998

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

    $51,126

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

    $51,126

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $448 · end of year $8,904

  • 19 · Deferred revenue

    beginning of year $48,500 · end of year $137,300

  • 25 · Other liabilities

    beginning of year $131,783 · end of year $393,806

  • 27 · Net assets without donor restrictions

    beginning of year $859,786 · end of year $1,050,636

Mission and programs · 2022

Mission

TO SUPPORT THE MISSION OF LIONS WORLD VISION INSTITUTE: TO SET NEW STANDARDS FOR OCULAR ENDEAVORS THAT WILL IMPROVE VISUAL OUTCOMES AND QUALITY OF LIFE FOR THOSE WHO ARE BLIND AND VISUALLY IMPAIRED.

Activities or mission (Part I)

TO SUPPORT THE MISSION OF LIONS WORLD VISION INSTITUTE.

  • THE LIONS WORLD VISION INSTITUTE FOUNDATION RAISES FUNDS THAT SUPPORT THE MISSION AND VISION OF THE LIONS WORLD VISION INSTITUTE. CONTRIBUTIONS MADE TO THE FOUNDATION SUPPORT THE GRATIS OCULAR TISSUE PROGRAM, WHICH GIVES THE GIFT OF SIGHT TO INDIVIDUALS WHO OTHERWISE WOULD NOT BE ABLE TO AFFORD SIGHT-SAVING SURGERY; THE OPERATIONS OF THE TRANSPLANT LABORATORY THROUGH SUPPLIES AND EQUIPMENT NEEDED FOR THE RECOVERY OF OCULAR TISSUE AND TO ENSURE IT IS SAFE FOR THE TRANSPLANT RECIPIENT; THE UPKEEP OF OUR HISTORIC HEADQUARTERS IN YBOR CITY, THE 1907 F. LORENZO CIGAR FACTORY; THE VISION HEALTH PROGRAM, WHICH PROVIDES VISION SCREENING, EXAMS, GLASSES AND PREVENTATIVE SERVICES TO ELEMENTARY SCHOOL CHILDREN; (CONTINUED ON SCHEDULE O)THE OCULAR RESEARCH CENTER AND THEIR EFFORTS IN UNDERSTANDING AND CONTRIBUTING TO TREATMENTS FOR AGE-RELATED MACULAR DEGENERATION AND GLAUCOMA; AND TOWARDS INNOVATION THAT FURTHERS THE EYE BANKING INDUSTRY.

    Expenses $1,219,708 · Grants $1,171,752

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

Listed in Part VII

  • Douglass Pace

    INSTITUTE CHAIR

    Total calculated
    $0
    Hours/week
    1 + 2 related
  • Stephen Csenge

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Neal Sivyer

    VICE CHAIR/TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Sara Hammond

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • April Lufriu

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Dawn Ullom

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Gayle Guyardo

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Herman Wittje

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Kimberly Murray

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Moses Allen

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Jason K Woody

    PRESIDENT & CEO

    Total calculated
    $489,140
    From this org
    $0
    From related orgs
    $450,879
    Other
    $38,261
    Hours/week
    1 + 41 related

    Schedule J breakdown matched by us

    Base
    $0 + $342,264 related
    Bonus
    $0 + $99,000 related
    Other
    $0 + $9,615 related
    Deferred
    $0 + $29,987 related
    Nontaxable benefits
    $0 + $8,274 related
    Filer's total
    $0 + $489,140 related
  • Beatriz D Viamontes

    CFO

    Total calculated
    $162,292
    From this org
    $0
    From related orgs
    $149,272
    Other
    $13,020
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $129,272 related
    Bonus
    $0 + $20,000 related
    Other
    $0
    Deferred
    $0 + $5,385 related
    Nontaxable benefits
    $0 + $7,635 related
    Filer's total
    $0 + $162,292 related
  • Sharon Boyes

    EXECUTIVE DIRECTOR

    Total calculated
    $66,346
    From this org
    $0
    From related orgs
    $62,646
    Other
    $3,700
    Hours/week
    40
  • Jennifer Bielon

    PAST EXECUTIVE DIRECTOR

    Total calculated
    $36,380
    From this org
    $0
    From related orgs
    $31,393
    Other
    $4,987
    Hours/week
    40

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

None.

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

The filer's explanations (Part III)

PART I, LINE 3
COMPENSATION OF THE CEO IS DICTATED BY THE EXISTING EMPLOYMENT CONTRACT WITH THE RELATED ENTITY/ THE BOARD OF DIRECTORS OF THE RELATED ENTITY DETERMINE THAT THE CEO'S SALARY IS APROPRIATE RELATED TO COMPARABLE POSITION IN SIMILAR ORGANIZATIONS. ALL DELIBERATIONS AND DECISIONS REGARDING COMPENSATION ARE DOCUMENTED IN THE MINUTES.

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
2022
Filed
14 May 2024
IRS schema version
2022v5.0
Source object
202401359349308375

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