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Nonprofiteer
← RESTORINGVISION

Form 990 for tax year 2025

Filed by RESTORINGVISION.

Totals

Total revenue
$12,652,875
Total expenses
$10,539,818
Contributions and grants received
$11,575,522
Grants paid
$5,742,543
Program service revenue
$903,856
Investment income
$170,620
Other revenue
$2,877
Total assets, end of year
$16,859,955
Total liabilities, end of year
$3,171,227
Net assets or fund balances, end of year
$13,688,728
Program services expenses (Part IX)
$7,983,131
Management and general expenses
$2,380,685
Fundraising expenses
$176,002
Program service expenses (Part III)
$7,983,131

Program services were 75.7% 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.

  • 1f · All other contributions, gifts and grants

    $11,575,522

  • 1g · Noncash contributions included above

    $6,151,691

  • 2a · Program service revenue: HANDLING FEES

    total $812,842 · related or exempt $812,842

  • 2b · Program service revenue: SHIPPING INCOME

    total $84,322 · related or exempt $84,322

  • 2c · Program service revenue: SERVICE FEES INCOME

    total $6,692 · related or exempt $6,692

  • 3 · Investment income

    total $170,620 · excluded $170,620

  • 11a · Other revenue: CREDIT CARD REWARDS

    total $2,877 · excluded $2,877

  • 11e · Other revenue, total

    $2,877

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $4,175,673 · program services $4,175,673

  • 3 · Grants to foreign organizations and individuals

    total $1,566,870 · program services $1,566,870

  • 5 · Compensation of officers, directors and key employees

    total $417,504 · program services $208,752 · management and general $208,752

  • 7 · Other salaries and wages

    total $1,784,193 · program services $862,870 · management and general $824,909 · fundraising $96,414

  • 8 · Pension plan contributions

    total $38,426 · program services $18,528 · management and general $17,639 · fundraising $2,259

  • 9 · Other employee benefits

    total $147,547 · program services $71,211 · management and general $67,883 · fundraising $8,453

  • 10 · Payroll taxes

    total $175,252 · program services $85,242 · management and general $82,147 · fundraising $7,863

  • 11b · Fees: legal

    total $16,809 · management and general $16,809

  • 11c · Fees: accounting

    total $224,568 · management and general $224,568

  • 11g · Fees: other

    total $1,005,971 · program services $416,924 · management and general $536,297 · fundraising $52,750

  • 12 · Advertising and promotion

    total $32,112 · program services $3,679 · management and general $28,251 · fundraising $182

  • 13 · Office expenses

    total $12,442 · program services $1,426 · management and general $10,946 · fundraising $70

  • 14 · Information technology

    total $1,500 · program services $172 · management and general $1,320 · fundraising $8

  • 16 · Occupancy

    total $50,824 · program services $5,823 · management and general $44,714 · fundraising $287

  • 17 · Travel

    total $195,894 · program services $44,633 · management and general $144,560 · fundraising $6,701

  • 19 · Conferences, conventions and meetings

    total $31,097 · program services $3,563 · management and general $27,358 · fundraising $176

  • 22 · Depreciation, depletion and amortization

    total $2,663 · program services $305 · management and general $2,343 · fundraising $15

  • 23 · Insurance

    total $11,450 · program services $1,312 · management and general $10,073 · fundraising $65

  • 24a · Other expenses: FREIGHT AND SHIPPING

    total $506,443 · program services $492,283 · management and general $14,160

  • 24b · Other expenses: DUES AND MEMBERSHIPS

    total $84,270 · program services $9,655 · management and general $74,138 · fundraising $477

  • 24c · Other expenses: MERCHANT FEES

    total $22,876 · program services $2,621 · management and general $20,126 · fundraising $129

  • 24d · Other expenses: EXPENSES RELATED TO GRA

    total $8,503 · program services $8,503

  • 24e · All other expenses

    total $26,931 · program services $3,086 · management and general $23,692 · fundraising $153

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,326,897 · end of year $166,297

  • 2 · Savings and temporary cash investments

    beginning of year $4,569,298 · end of year $4,837,049

  • 3 · Pledges and grants receivable

    beginning of year $32,169 · end of year $69,535

  • 8 · Inventories for sale or use

    beginning of year $7,278,174 · end of year $11,443,102

  • 9 · Prepaid expenses and deferred charges

    beginning of year $22,425 · end of year $118,605

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

    $17,047

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

    $3,723

  • 10c · Land, buildings and equipment, net

    beginning of year $10,310 · end of year $13,324

  • 15 · Other assets

    beginning of year $21,938 · end of year $212,043

  • 17 · Accounts payable and accrued expenses

    beginning of year $2,680,688 · end of year $2,210,088

  • 19 · Deferred revenue

    beginning of year $4,852 · end of year $961,139

  • 27 · Net assets without donor restrictions

    beginning of year $11,575,671 · end of year $13,688,728

Mission and programs · 2025

Mission

TO EMPOWER LIVES BY RESTORING VISION FOR MILLIONS OF PEOPLE IN NEED.

  • RESTORINGVISION IS A GLOBAL NONPROFIT TACKLING THE VISION CRISIS HEAD-ON BY ADDRESSING PRESBYOPIA, THE AGE-RELATED LOSS OF NEAR VISION AND THE WORLD'S MOST COMMON CAUSE OF VISION IMPAIRMENT. THROUGH VISION SCREENING AND NEAR-VISION EYEGLASSES, THE ORGANIZATION EMPOWERS PEOPLE TO WORK, LEARN, AND PARTICIPATE FULLY IN THEIR COMMUNITIES. THE ORGANIZATION ALSO SERVES AS A LEADING ADVOCATE FOR GLOBAL EYE HEALTH AND ACCESS TO EYEGLASSES, WORKING ALONGSIDE THE UNITED NATIONS, WORLD HEALTH ORGANIZATION, AND INTERNATIONAL AGENCY FOR THE PREVENTION OF BLINDNESS. SINCE 2003, RESTORINGVISION HAS REACHED 40 MILLION PEOPLE IN MORE THAN 150 COUNTRIES, PARTNERING WITH NGOS, GOVERNMENTS, AND SOCIAL ENTERPRISES TO EXPAND ACCESS TO EYE HEALTH. IN 2025 ALONE, RESTORINGVISION REACHED 6.1 MILLION PEOPLE ACROSS 101 COUNTRIES, HELPING INDIVIDUALS WORK, LEARN, AND PARTICIPATE FULLY IN THEIR COMMUNITIES.

    Expenses $7,983,131 · Grants $5,742,543 · Revenue $903,856

As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • PELIN MUNIS

    CEO

    Total calculated
    $360,148
    From this org
    $287,082
    From related orgs
    $0
    Other
    $73,066
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $253,467
    Bonus
    $29,000
    Other
    $4,615
    Deferred
    $28,939
    Nontaxable benefits
    $46,358
    Filer's total
    $362,379

  • KEVIN HASSEY

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    1

  • ERWIN CHO

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • MYLES LEWIS

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • CHRIS HARRIS

    DIRECTOR (TO 03/25)

    Total calculated
    $0
    Hours/week
    1

  • JAYANTH BHUVARAGHAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • MARY ANN PETERS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • READE FAHS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • KEISHA MCQUIRE JD

    CF GLOBAL AFFAIRS OFF. (FROM 10/25)

    Total calculated
    $30,260
    From this org
    $25,874
    From related orgs
    $0
    Other
    $4,386
    Hours/week
    40

  • IAN RODGERS MA

    CF IMPLEMENTATION OFF. (FROM 11/25)

    Total calculated
    $24,864
    From this org
    $22,795
    From related orgs
    $0
    Other
    $2,069
    Hours/week
    40

  • MARIO ENRIQUE ALVAREZ

    DIRECTOR OF TECHNOLOGY

    Total calculated
    $148,366
    From this org
    $125,245
    From related orgs
    $0
    Other
    $23,121
    Hours/week
    40

  • RAE ARNETTA MILLER

    VICE PRESIDENT (TO 11/25)

    Total calculated
    $158,011
    From this org
    $135,134
    From related orgs
    $0
    Other
    $22,877
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $121,801
    Bonus
    $0
    Other
    $13,333
    Deferred
    $10,634
    Nontaxable benefits
    $12,243
    Filer's total
    $158,011

  • SHAUN STARKEY

    VICE PRESIDENT, OPERATIONS

    Total calculated
    $108,866
    From this org
    $108,866
    From related orgs
    $0
    Other
    $0
    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

  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 7 · Other non-fixed payments

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
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 7
THE BONUSES WERE A PERCENTAGE OF SALARY BASED ON TENURE AND PERFORMANCE.

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

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2025
IRS schema version
2025v4.2
Source object
202632529349300113

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