EYE BANK FOR SIGHT RESTORATION INC

As filed

Subsection

03

Classification

1280

Street

120 WALL STREET 3RD FLOOR

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

• The Eye-Banks state-of-the-art ocular laboratory operates 24/7 to recover, evaluate and distribute safe, quality donor eye tissue for cornea transplants and other ophthalmic surgeries. Staff receives continual education and training in the latest technological advances, including preparing partial thickness grafts which can be provided pre-loaded upon request for endothelial keratoplasty (EK) procedures.

  Expenses $5,195,911 · Grants $6,759 · Revenue $5,647,786

• The Eye-Banks Ocular Tissue Research Program supplies donor eye tissue to medical scientists researching cures and treatment of eye diseases such as cataracts, glaucoma and diseases of the retina. The Eye-Bank also provides adult human Retina Pigment Epithelial (ah-RPE) cells to a growing number of researchers across the country who are conducting studies on the potential for transplanting RPE cells in the future. In 2024, The Ocular Tissue Research Program expanded its ability to fulfill requests for even more specific types of tissue for customized research. The Eye-Bank also hosted a third annual reception at the 2024 meeting of ARVO (Association for Research in Vision and Ophthalmology) which enabled us to meet in-person with researchers currently using our donor tissue and cultivate new opportunities for our Research Program to collaborate. In August, 2024, The Eye-Bank hosted its 7th Wing Chu, MD Cornea Fellow Day which provides a didactic session about eye banking and a wet lab for a DMEK surgical procedure to a group of cornea fellows in attendance. Throughout the year, The Eye-Bank routinely invites groups of ophthalmology residents from area hospital systems, to visit and tour the Ocular Laboratory which gives them an awareness of how quality tissue is provided for surgeries. Also in August, The Eye-Bank was inspected by the Eye Bank Association of America (EBAA) and achieved a three-year Accreditation Certificate, the highest ranking offered by the Association. EBAA Accreditation ensures safe, quality ocular tissue by confirming that its Medical Standards are consistently followed by all eye bank staff.

  Expenses $973,841

• The Eye-Banks Public Education Program offers resources and materials about eye donation to the general public including brochures and a newsletter, eye-to-eye, which is circulated to more than 15,000 transplant recipients, friends and supporters of The Eye-Bank and an effective website that also offers valuable information in Spanish as well as English about eye donation and cornea transplantation; how to write to your donor family; and how to enroll in the NYS Donate Life Registry. In addition, The Eye-Bank increased its presence on social media platforms with videos featuring transplant recipients as well as cornea surgeons and dedicated staff members which help to inform the public about the importance of eye donation.

  Expenses $759,952

• Through a long-established Professional Education Program and its team of regional hospital and community liaisons, The Eye-Bank provides information about eye donation and donor criteria to health care professionals at hospitals throughout The Eye-Banks service area, which includes New York City, Long Island and the lower Hudson Valley. In 2024, The Eye-Bank continued to partner with Donate Life New York State and the NYS Department of Motor Vehicles in a pilot program to increase enrollments in the Donate Life Registry at DMV branch offices, an effort which relied on the hospital and community liaisons skilled outreach activities.

  Expenses $745,858

• The Eye-Banks Marketing Program continued to inform the public about the importance of eye donation and enrolling in the Donate Life Registry through its highly-successful multi-media advertising campaign that reaches a New York metropolitan audience via radio and newspapers as well as social media platforms and email marketing. Both media and digital marketing placement included Spanish language outlets. The 2024 ad campaign Be a Hero at the DMV reinforced the opportunity for New Yorkers to enroll in the Donate Life Registry while conducting transactions at the DMV and provided additional support to the Pilot Program established by Donate Life NYS to achieve this shared goal.

  Expenses $587,517

• The Young Ambassador Program invites cornea transplant recipients ages four to 17 to express themselves creatively through art and poetry and selected efforts are featured in The Eye-Banks annual Thanksgiving Card. The program also awards two annual $3,000 scholarships to qualifying student applicants pursuing higher education -- one for a successful public education project and one for a STEM research paper describing a way to increase eye donation.

  Expenses $87,939 · Grants $6,000

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

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

The first 25 listed. 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. Earlier years are each on their own filing page.

Filings

• 2024

  Revenue

  $13,584,079

  Expenses

  $10,436,188

  Contributions

  $639,031

  Grants paid

  $12,759

• 2023

  Revenue

  $11,665,358

  Expenses

  $9,813,461

  Contributions

  $612,722

  Grants paid

  $20,842

• 2022

  Revenue

  $13,470,866

  Expenses

  $10,089,383

  Contributions

  $586,085

  Grants paid

  $10,023

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2021 · 990

  Revenue

  $10,301,397

  Expenses

  $9,443,018

  Assets (EOY)

  $85,574,058

• 2020 · 990

  Revenue

  $10,193,422

  Expenses

  $9,872,049

  Assets (EOY)

  $77,921,413

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.

Grants made

• Eye Bank Assoc of America

  $6,759

  2024 · Fellowship program

Where these grants went next →

Grants received

• DONOR ADVISED CHARITABLE GIVING

  $16,400

  2023 · HEALTH

• FIDELITY INVESTMENTS CHARITABLE GIFT FUND

  $15,870

  2022 · For grant recipient's exempt purposes

• DONOR ADVISED CHARITABLE GIVING

  $13,350

  2024 · HEALTH

• FIDELITY INVESTMENTS CHARITABLE GIFT FUND

  $11,985

  2023 · For grant recipient's exempt purposes

• DONOR ADVISED CHARITABLE GIVING

  $9,925

  2022 · HEALTH

• FIDELITY INVESTMENTS CHARITABLE GIFT FUND

  $9,150

  2024 · For grant recipient's exempt purposes

• TISBEST PHILANTHROPY

  $8,000

  2024 · SEE TISBEST MISSION

• CHARITIES AID FOUNDATION AMERICA

  $5,500

  2023 · CHARITABLE DONATION

• JEWISH COMMUNAL FUND

  $5,050

  2022 · IN FURTHERANCE OF GRANTEE'S TAX-EXEMPT PURPOSE

Other IRS files