2025-11-13T07:36:30-08:00 2024-12-31 010583969 PISANI CPA LLC 874 BROADWAY BRENTWOOD NY 11717 990 2024-01-01 131623998 The Eye-Bank for Sight Restoration Inc DBA The Eye-Bank of New York EYE- 2127429000 120 Wall Street 3rd Floor New York NY 10005 Dennis R Tarzian President 2025-11-13 true true Sara Pisani P12345678 6318042533 X 2024 2025-03-06 01:10:19Z Dennis R Tarzian 120 Wall Street 3rd Floor New York NY 10005 19660622 false X www.eyedonation.org X 1944 NY The Eye-Bank's mission is to restore sight through eye donations and cornea transplants. 20 20 65 26 0 612722 639031 5637404 5638878 5404617 7346471 10615 -40301 11665358 13584079 20842 12759 0 5452446 5804638 0 842511 4340173 4618791 9813461 10436188 1851897 3147891 81420040 89169209 2934031 2450729 78486009 86718480 X The Eye-Bank for Sight Restoration (The Eye-Bank), the worlds first eye bank, is devoted to restoring sight through eye donations and cornea transplants, as well as providing ocular tissue for research into treatment and cures for other eye diseases. Public awareness about the need for eye donations is a key component of our efforts to restore sight to more than a thousand of individuals each year. false false 5195911 6759 5647786 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. 973841 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. 759952 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. 745858 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. 587517 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. 87939 6000 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. 1421314 6000 8351018 true true false false false false false false true true true false false true true false true false false false false false false false true false false true true true false false false false false false false false true false false false false false false false false true 33 0 true 65 true false false false false false true true false 0 false false false false false false false X 20 20 false false false false false false false true true false false true true true true true true true false false CT FL NJ NY PA X X Patricia Dahl 2127429000 120 Wall St 3rd Fl New York NY 10005 Patricia Dahl CEO/Exec. Dir. 40.00 0.00 X 330000 0 46467 Edwin Roberts Associate Director 40.00 0.00 184062 0 61790 Karen Bardavid Dir of Development 40.00 0.00 173269 0 60335 Hortense Kendall Laboratory Manager 40.00 0.00 151099 0 57635 Noel Mick Moschetta Dir Communications 40.00 0.00 166663 0 32411 Dana Arifi Dir Fin & Admin 40.00 0.00 147815 0 30528 Joseph J Shaheen Director 1.00 0.00 X 0 0 0 Manish Krishnan Director 1.00 0.00 X 0 0 0 Rachel A Heisler Director 1.00 0.00 X 0 0 0 Umber Ahmad Vice President 2.00 0.00 X X 0 0 0 Courtney DiTullio Director 1.00 0.00 X 0 0 0 Jeanne McCooey Director 1.00 0.00 X 0 0 0 Giovanni F DiCenso Director 1.00 0.00 X 0 0 0 Leo J Corbett Director 1.00 0.00 X 0 0 0 Audrey MacIsaac Secretary 2.00 0.00 X X 0 0 0 Paul Kayaian Director 1.00 0.00 X 0 0 0 Dennis R Tarzian President 2.00 0.00 X X 0 0 0 Richard A Mittenthal Director 1.00 0.00 X 0 0 0 Joseph J D'Ambrosio Director 1.00 0.00 X 0 0 0 Andrea Nordquist Director 1.00 0.00 X 0 0 0 David R Adler Treasurer 2.00 0.00 X X 0 0 0 Michele A Masucci Director 1.00 0.00 X 0 0 0 Rocio Sanz Director 1.00 0.00 X 0 0 0 Michael Zambrelli Director 1.00 0.00 X 0 0 0 Joan Larson Director 1.00 0.00 X 0 0 0 Sruthi Madhavan Director 1.00 0.00 X 0 0 0 Rachel Miller Director 1.00 0.00 X 0 0 0 Jaclyn D Newman Director 1.00 0.00 X 0 0 0 Kieran Powell Director 1.00 0.00 X 0 0 0 1152908 289166 24 false true false Power Media Inc 380 N Broadway Suite 204 Jericho NY 11753 Marketing 359975 Pisani CPA LLC 874 Broadway Brentwood NY 11717 Accounting 113054 2 119651 519380 52541 639031 Processing fees 621500 5638878 5638878 5638878 1291318 1291318 0 0 0 12059310 6004157 6055153 6055153 6055153 23177 119651 72386 -49209 -49209 0 0 Miscellaneous 900099 8908 8908 8908 13584079 5647786 7297262 6759 6759 6000 6000 0 0 376467 263528 56468 56471 0 4009646 3173220 417811 418615 280336 195564 40926 43846 830964 652895 81278 96791 307225 258174 22625 26426 0 7005 5805 1200 145870 145870 0 0 234826 234826 189043 189043 0 296461 227247 5339 63875 0 0 496785 390797 57984 48004 0 0 57171 36416 11882 8873 0 0 192828 160908 17762 14158 123699 82413 39117 2169 Corneal imports 1514462 1514462 Lab supplies 447957 447957 Program marketing 359975 359975 Maintenance of equipment 169706 95956 25262 48488 383003 283899 84309 14795 10436188 8351018 1242659 842511 X 87294 43647 43647 144217 212635 330169 679113 5620 12050 1963276 1723306 0 0 0 0 230389 265154 2905329 2133492 896163 771837 70418075 78145515 0 0 0 7432131 7359599 81420040 89169209 347448 305248 164687 179380 2421896 1966101 2934031 2450729 X 73850114 81756194 4635895 4962286 78486009 86718480 81420040 89169209 X 3147891 4758189 326391 X false true X true false X 879540 472439 586085 612722 639031 3189817 0 0 879540 472439 586085 612722 639031 3189817 1147309 2042508 946096 908959 847730 1084451 1291318 5078554 0 15178 22557 7855 29214 8908 83712 8352083 15018316 0.24460 0.25540 X Current Year Facts and Circumstances: THE EYE-BANK FOR SIGHT RESTORATION, INC. (THE "EYE-BANK") QUALIFIES AS PUBLICLY SUPPORTED BECAUSE IT MEETS THE 10% PLUS FACTS-AND-CIRCUMSTANCES TEST UNDER TREAS REG. 1.170A-9(E)(3) IN THE FOLLOWING RESPECTS:10% OF SUPPORT LIMITATION - AT 24.63%, THE EYE-BANK'S PUBLIC SUPPORT PERCENTAGE FOR 2024 EXCEEDED 10%.ATTRACTION OF PUBLIC SUPPORT AND PUBLIC MISSION - THE EYE-BANK FOR SIGHT RESTORATION, THE WORLDS FIRST EYE BANK, IS DEVOTED TO HELPING TO RESTORE SIGHT THROUGH EYE DONATIONS AND CORNEA TRANSPLANTS, AS WELL AS PROVIDING OCULAR TISSUE FOR RESEARCH INTO TREATMENT AND CURES FOR BLINDING EYE DISEASES. PUBLIC AWARENESS ABOUT THE NEED FOR EYE DONATIONS IS A KEY COMPONENT OF THE EYE-BANKS EFFORTS TO RESTORE SIGHT TO HUNDREDS OF INDIVIDUALS EACH YEAR. THE EYE-BANKS WELL-ESTABLISHED PROGRAMS INCLUDE A STATE-OF-THE-ART OCULAR LABORATORY WHICH OPERATES 24/7 TO RECOVER, EVALUATE AND DISTRIBUTE SAFE, QUALITY DONOR EYE TISSUE FOR APPROXIMATELY 1,200 CORNEA TRANSPLANTS ANNUALLY. THE OCULAR TISSUE RESEARCH PROGRAM SUPPLIES DONOR EYE TISSUE TO MEDICAL SCIENTISTS STUDYING TREATMENTS AND CURES OF VARIOUS EYE DISEASES INCLUDING GLAUCOMA AND DISEASES OF THE RETINA, BY PROVIDING CELL CULTURES TO ASSIST RESEARCHERS WITH THEIR EFFORTS TO HELP MORE PEOPLE WITH SIGHT SAVING TRANSPLANTS. THE PROFESSIONAL EDUCATION PROGRAM PROVIDES HEALTH CARE PROFESSIONALS WITH INFORMATION ABOUT EYE DONATION AND DONOR CRITERIA THROUGH IN-SERVICE EDUCATION AT HOSPITALS THROUGHOUT THE EYE-BANKS SERVICE AREA, WHICH INCLUDES NEW YORK CITY, LONG ISLAND AND THE LOWER HUDSON VALLEY. THE EYE-BANKS PUBLIC EDUCATION PROGRAM OFFERS INFORMATION ABOUT EYE DONATION TO THE GENERAL PUBLIC THROUGH ITS WEBSITE, BLOG, BROCHURES AND A NEWSLETTER, EYE-TO-EYE, WHICH IS CIRCULATED TO MORE THAN 15,000 FRIENDS AND SUPPORTERS. THE USER-FRIENDLY WEBSITE 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. EVERY DONOR FAMILY IS OFFERED THE NYS DONATE LIFE MEDAL IN HONOR OF THEIR LOVED ONES EYE DONATION. THE EYE-BANKS MARKETING PROGRAM INFORMS THE PUBLIC ABOUT THE IMPORTANCE OF EYE DONATION AND ENROLLING IN THE DONATE LIFE REGISTRY THROUGH A MULTI-MEDIA ADVERTISING CAMPAIGN THAT REACHES A NEW YORK METROPOLITAN AUDIENCE VIA RADIO, NEWSPAPERS, SOCIAL MEDIA AND DIGITAL MARKETING INCLUDING SPANISH LANGUAGE OUTLETS. 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 AND ON SOCIAL MEDIA. THE PROGRAM ALSO AWARDS TWO $3,000 SCHOLARSHIPS ANNUALLY FOR QUALIFYING APPLICANTS PURSUING HIGHER EDUCATION, THE YOUNG AMBASSADOR SCHOLARSHIP AND THE STEM SCHOLARSHIP. THE YOUNG AMBASSADOR SCHOLARSHIP IS AWARDED TO A STUDENT WHO HAS ACTIVELY PROMOTED EYE, ORGAN OR TISSUE DONATION. THE STEM SCHOLARSHIP IS AWARDED TO STUDENTS PURSUING STUDIES IN SCIENCE, TECHNOLOGY, ENGINEERING, OR MATHEMATICS. SOURCES OF SUPPORT: THE EYE-BANK'S FUNDING COMES FROM DIVERSE SOURCES INCLUDING INDIVIDUAL DONORS, CORPORATE PARTNERS AND SPONSORS, FAMILY FOUNDATIONS, DONOR FAMILY MEMBERS AND RECIPIENTS, AS WELL AS MEMBERS OF THE EYE-BANKS BOARD OF DIRECTORS, MEDICAL ADVISORY BOARD, AND ITS LEADERSHIP COUNCIL. IN ORDER TO EXPAND THE POOL OF DONORS THE EYE-BANK PLANS TO: 1.CONTINUE THE INCREASED DIRECT MAIL ACQUISITION PROGRAM ESTABLISHED IN 2023 WHICH INCLUDES FOUR MAILINGS ANNUALLY. THESE MAILINGS ARE ENHANCED BY THE PURCHASE OF LISTS FROM ORGANIZATIONS WHOSE AUDIENCE SUPPORTS VISION-IMPAIRED COMMUNITIES, ALLOWING US TO REACH A TOTAL OF 98,000 NEW POTENTIAL SUPPORTERS ANNUALLY. IN 2024, THIS RESULTED IN 570 NEW FINANCIAL DONORS WHOSE NAMES HAVE BEEN ADDED TO OUR DONOR DATABASE. 2.PARTNER WITH THE EYE-BANKS COMMUNICATION DEPARTMENT WHICH IS CURRENTLY RUNNING A 400 FACES CAMPAIGN. THE CAMPAIGN WILL FEATURE PHOTOS OF 400 CORNEA TRANSPLANT RECIPIENTS IN CELEBRATION OF NEW YORK CITYS 400TH ANNIVERSARY. WHILE THESE INDIVIDUALS ARE ALREADY CONNECTED TO THE EYE-BANKS MISSION, THEY HAVE NOT BEEN SOLICITED TO MAKE A FINANCIAL CONTRIBUTION. WE PLAN TO CREATE A SPECIAL APPEAL ENCOURAGING THEM TO MAKE A FIRST TIME GIFT TO THE EYE-BANK. 3.UTILIZE E-MAIL FINDER SOFTWARE ON A QUARTERLY BASIS TO CAPTURE MISSING EMAIL ADDRESSES for OUR CONSTITUENTS SO THEY CAN RECEIVE MONTHLY FUNDRAISING EMAIL CAMPAIGN MESSAGES. IN 2024, THIS RESULTED IN 2,260 NEW EMAIL ADDRESSES, 825 OF WHICH WERE POTENTIAL NEW DONORS, WHO HAD NOT YET MADE A FINANCIAL CONTRIBUTION TO THE EYE-BANK. 4.CONTINUE TO HOST SPECIAL EVENTS INCLUDING A SPRING BENEFIT AND FALL BENEFIT, EACH ATTENDED BY 275 GUESTS AND SPONSORED BY CORPORATE AND COMMUNITY PARTNERS. THE MAJORITY OF THE TICKETS FOR BOTH EVENTS ARE SOLD THROUGH OUR BENEFIT COMMITTEE MADE UP OF MEMBERS OF OUR BOARD OF DIRECTORS, MEDICAL ADVISORY BOARD AND MAJOR DONORS. TICKET PACKAGES ARE SOLD AT VARIOUS LEVELS. THE BENEFIT COMMITTEE IS BE ENCOURAGED TO INVITE GUESTS FROM THEIR PERSONAL NETWORKS WHO WOULD BE FIRST-TIME CONTRIBUTORS TO THE EYE-BANK SHOULD THEY MAKE A GENERAL DONATION TO THE EVENT, PURCHASE A RAFFLE TICKET OR WIN A SILENT AUCTION ITEM. FOLLOWING THE EVENT, WE WILL CULTIVATE THIS GROUP ENCOURAGING THEM TO BECOME NEW FINANCIAL SUPPORTERS. 5.HOST TWO FUNDRAISING EVENTS WITH THE EYE-BANKS LEADERSHIP COUNCIL. THESE WILL INCLUDE A SUMMER GATHERING AND A WINTER HOLIDAY EVENT. THE 12 LEADERSHIP COUNCIL MEMBERS WILL BE ASKED TO SELL TICKETS TO FIVE NEW INDIVIDUALS FOR EACH EVENT (A TOTAL OF 120 NEW DONORS), WHO WOULD BE INTRODUCED TO THE EYE-BANKS MISSION.6.CREATE MULTIPLE SOCIAL MEDIA FUNDRAISING CAMPAIGNS ENCOURAGING OUR CURRENT FOLLOWERS ON VARIOUS SOCIAL MEDIA PLATFORMS TO FORWARD OUR CONTENT TO THEIR FOLLOWERS AND ENCOURAGE THEM TO PARTICIPATE IN FUNDRAISING CHALLENGES. ADDITIONALLY, WE WILL CONTINUE TO UTILIZE FACEBOOK ADS AND STRATEGIC SEARCH ENGINE OPTIMIZATION TO INCREASE FUNDS RAISED FROM NEW AUDIENCES, WHO CURRENTLY SUPPORT NEW YORKS VISION-IMPAIRED COMMUNITY.7.OPTIMIZE PARTNERSHIPS WITH OUR BOARD OF DIRECTORS AND MEDICAL ADVISORY BOARD MEMBERS TO CULTIVATE NEW MAJOR DONORS AND ENCOURAGE SUPPORT FROM THEIR RESPECTIVE BUSINESSES AND PROFESSIONAL NETWORKS. 8.INCLUDE A BUSINESS REPLY ENVELOPE IN THE EYE-BANKS "EYE TO EYE" NEWSLETTER WHICH IS CIRCULATED TO MORE THAN 18,000 CONSTITUENTS ANNUALLY. REPRESENTATIVE GOVERNING BODY: THE EYE-BANK'S ACTIVITIES ARE GOVERNED BY A BOARD OF DIRECTORS REFLECTING A BROAD RANGE OF INDIVIDUALS WITH SPECIAL BACKGROUNDS AND EXPERTISE IN MANAGING AND OPERATING NONPROFIT ORGANIZATIONS. WE AIM TO ADD THREE TO FIVE NEW MEMBERS TO THE BOARD BEFORE YEAR END, EACH CHARGED WITH A GIVE / GET COMMITMENT OF $5,000 ANNUALLY.1.OUR LEADERSHIP COUNCIL IS A GROUP OF MID-CAREER PROFESSIONALS WHO SUPPORT THE EYE-BANKS FUNDRAISING AND ADVOCACY EFFORTS. WE AIM TO ADD FIVE TO 10 NEW MEMBERS TO THE COUNCIL BEFORE YEAR END, EACH CHARGED WITH A GIVE / GET COMMITMENT OF $1,000 ANNUALLY. PUBLIC BENEFIT THE EYE-BANK PROVIDES SERVICES DIRECTLY FOR THE BENEFIT OF THE GENERAL PUBLIC ON A CONTINUING BASIS BY RECOVERING, PROCESSING AND PROVIDING CORNEA TISSUE FOR SIGHT SAVING SURGERIES, RESEARCH AND INNOVATION. SINCE OUR FOUNDING IN 1944, THE EYE-BANK HAS HELPED PROVIDE THE GIFT OF SIGHT TO MORE THAN 74,000 INDIVIDUALS, WHO WOULD OTHERWISE HAVE BEEN BLIND. Prior Year Facts and Circumstances: THE EYE-BANK FOR SIGHT RESTORATION, INC. (THE "EYE-BANK") QUALIFIES AS PUBLICLY SUPPORTED BECAUSE IT MEETS THE 10% PLUS FACTS-AND-CIRCUMSTANCES TEST UNDER TREAS REG. 1.170A-9(E)(3) IN THE FOLLOWING RESPECTS:10% OF SUPPORT LIMITATION - AT 25.54% THE EYE-BANK'S PUBLIC SUPPORT PERCENTAGE FOR 2023 EXCEEDED 10% AND IS RELATIVELY CLOSE TO 33.3%.PUBLIC BENEFIT: MISSION AND PROGRAMSTHE EYE-BANKS WELL-ESTABLISHED PROGRAMS INCLUDE A STATE-OF-THE-ART OCULAR LABORATORY WHICH OPERATES 24/7 TO RECOVER, EVALUATE AND DISTRIBUTE SAFE, QUALITY DONOR EYE TISSUE FOR APPROXIMATELY 1,200 CORNEA TRANSPLANTS ANNUALLY. THE OCULAR TISSUE RESEARCH PROGRAM SUPPLIES DONOR EYE TISSUE TO MEDICAL SCIENTISTS STUDYING TREATMENTS AND CURES OF VARIOUS EYE DISEASES INCLUDING GLAUCOMA AND DISEASES OF THE RETINA, BY PROVIDING CELL CULTURES TO ASSIST RESEARCHERS WITH THEIR EFFORTS TO HELP MORE PEOPLE WITH SIGHT SAVING TRANSPLANTS. THE PROFESSIONAL EDUCATION PROGRAM PROVIDES HEALTH CARE PROFESSIONALS WITH INFORMATION ABOUT EYE DONATION AND DONOR CRITERIA THROUGH IN-SERVICE EDUCATION AT HOSPITALS THROUGHOUT THE EYE-BANKS SERVICE AREA, WHICH INCLUDES NEW YORK CITY, LONG ISLAND AND THE LOWER HUDSON VALLEY. THE EYE-BANKS PUBLIC EDUCATION PROGRAM OFFERS INFORMATION ABOUT EYE DONATION TO THE GENERAL PUBLIC THROUGH ITS WEBSITE, BLOG, BROCHURES AND A NEWSLETTER, EYE-TO-EYE, WHICH IS CIRCULATED TO MORE THAN 15,000 FRIENDS AND SUPPORTERS. THE USER-FRIENDLY WEBSITE OFFERS VALUABLE INFORMATION IN SPANISH AS WELL AS ENGLISH ABOUT EYE DONATION AND CORNEA TRANSPLANTAT RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true X 75280039 16918 4552216 3000 3830641 83682814 64679178 20384 15090637 4450 4505710 75280039 82351106 3274 -13784165 3891037 64679178 73902547 393978 10985280 2930699 82351106 67234621 316799 11263339 4912212 73902547 0.94070 0.05860 0.00070 false false false 1963971 1496714 467257 723336 437937 285399 218022 198841 19181 771837 Accrued interest receivable 154486 Beneficial interest in charitable trusts 4858186 Inv in simple agreement for future eq. 650000 Right-of-use asset - operating lease 1675185 Security deposits 21742 7359599 Operating lease payable 1966101 1966101 18506219 4758189 398777 5156966 13349253 234826 234826 13584079 10273748 72386 72386 10201362 234826 234826 10436188 Part IV, Line 2b: Explanation of escrow account liability In 1996, The Eye-Bank for Sight Restoration, Inc. was made a beneficiary of the Mabel Hylton Trust for the express purpose of providing revenues generated by [its portion of] the trust to The Glaucoma Research Fund. The Eye-Bank receives an annual distribution from the trust and disburses funds to the designated researcher upon request. As custodian, The Eye-Bank is entitled to an administrative fee of 15% per annum. Part V, Line 4: Intended uses of the endowment fund. The Eye-Bank has a policy of spending the investment income generated from the unrestricted board designated amounts in the portfolio fund. The Board of Directors of The Eye-Bank has adopted a policy to limit annual spending of investment earnings for current operations to 5% of the four-year average of the fair value of investments, excluding the two highest and two lowest performance quarters to reduce the effect of volatility on operational support. This is consistent with The Eye-Bank's objective to maintain the purchasing power of the portfolio fund assets held in perpetuity as well as to provide additional growth through investment return and new gifts. Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990 Change in value of beneficial interest $326391 Special event direct expense $72386 Part XII, Line 2d: Other expenses and losses per audited F/S Special event expense $72386 X X X X false Spring Benefit 89882 73372 16510 7000 31600 6457 9130 Fall Event 50363 44413 5950 12899 800 140245 117785 22460 19899 31600 6457 9930 67886 -45426 true Eye Bank Assoc of America PO Box 220035 Chantilly VA 20151 720678970 501(c)(3) 6759 0 Fellowship program 1 0 Cash 2 6000 Grantmaker's Description of How Grants are Used The candidate application process for Eye-Bank for Sight Restoration grants asserts that monies, if awarded, are intended for use in the United States. Required subsequent reporting from award recipients confirms that the award monies were used as intended. X X false false false false false false false false false Dana Arifi Dir Fin & Admin 147815 14008 16520 178343 Edwin Roberts Associate Director 184062 17606 44184 245852 Hortense Kendall Laboratory Manager 151099 14310 43325 208734 Karen Bardavid Dir of Development 173269 16527 43808 233604 Noel Mick Moschetta Dir Communications 166663 15866 16545 199074 Patricia Dahl CEO/Exec. Dir. 330000 29600 16867 376467 X 3 14906 FMV Auction assets 57 37635 FMV false true false Form 990, Part VI, Section B, Line 11b The Finance Committee reviewed the 2024 Form 990 in detail. With the Committee's approval, it was presented to the full Board at the October meeting and all questions and comments were resolved prior to filing. Form 990, Part VI, Section B, Line 12c A Director or Officer shall disclose a conflict of interest: (a) prior to voting on or otherwise discharging his duties with respect to any matter involving the conflict which comes before the Board or any committee; (b) prior to entering into any contract or transaction involving the conflict; (c) as soon as possible after the Director or Officer learns of the conflict; and (d) on the annual conflict of interest disclosure form. Form 990, Part VI, Section B, Line 15a The Executive Committee functions as the Compensation Committee. The Committee annually reviews the past year's goals and outcomes as well as the goals for the coming year of the Executive Director and then approves the salary of the Executive Director for the new fiscal year. Every three years, The Eye-Bank engages a third-party to provide comparability data to assist in determining the Executive Director's compensation. All compensation decisions are substantiated by contemporaneous emails. Form 990, Part VI, Section C, Line 19 The Eye-Bank makes its governing documents available to the public as mandated by federal disclosure requirements. The Federal Form 990 is also available on Guidestar.org. Form 990, Part XI, Line 9 Change in value of beneficial interest in charitable trusts = $326391