Sightlife
- Assets
- $7.9m
- Revenue
- $7.5m
- Investments
- $13.4k
- Employees
- 195
- Location
- Tampa, FL
- Founding
- 03/1970
- Data as of
- 06/2022
- EIN
- 23-7051021
Organization Overview
Sightlife is located in Tampa, FL. The organization was established in 1970. According to its NTEE Classification (S80) the organization is classified as: Community Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Sightlife employed 195 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sightlife is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Sightlife generated $7.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (22.2%) each year. All expenses for the organization totaled $10.3m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (18.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Sightlife has awarded 45 individual grants totaling $666,589. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
WE SERVE AS A GLOBAL LEADER AND PARTNER TO ELIMINATE CORNEAL BLINDNESS.
Describe the Organization's Program Activity:
FOUNDED IN 1969, THE SIGHTLIFE EYE BANK IS THE ORGANIZATION'S MOST RECOGNIZED PROGRAM. TO DATE, SIGHTLIFE EYE BANK HAS PROVIDED CORNEAL TISSUE FOR APPROXIMATELY 36,294 SIGHT-RESTORING TRANSPLANTS AND HAS BECOME PROMINENT AS A LEADER AND PARTNER WITHIN THE EYE BANK COMMUNITY. AS ONE OF THE LEADING EYE BANKS IN THE WORLD, IT PROVIDES RECOVERY OF CORNEAL TISSUE FOR TRANSPLANT, DONATION SERVICES, RESEARCH SUPPORT AND FAMILY SUPPORT PROGRAMS. IT ALSO IS A SIGNIFICANT PROVIDER OF WHOLE EYE GLOBES AND SCLERA FOR RESEARCH INTO EYE DISEASES, WORKING TO MAKE THE ELIMINATION OF TREATABLE CORNEAL BLINDNESS A REALITY.
FOUNDED IN 1969, THE SIGHTLIFE EYE BANK IS THE ORGANIZATION'S MOST RECOGNIZED PROGRAM. TO DATE, SIGHTLIFE EYE BANK HAS PROVIDED CORNEAL TISSUE FOR APPROXIMATELY 36,294 SIGHT-RESTORING TRANSPLANTS AND HAS BECOME PROMINENT AS A LEADER AND PARTNER WITHIN THE EYE BANK COMMUNITY. AS ONE OF THE LEADING EYE BANKS IN THE WORLD, IT PROVIDES RECOVERY OF CORNEAL TISSUE FOR TRANSPLANT, DONATION SERVICES, RESEARCH SUPPORT AND FAMILY SUPPORT PROGRAMS. IT ALSO IS A SIGNIFICANT PROVIDER OF WHOLE EYE GLOBES AND SCLERA FOR RESEARCH INTO EYE DISEASES, WORKING TO MAKE THE ELIMINATION OF TREATABLE CORNEAL BLINDNESS A REALITY.
THE GLOBAL EYE BANK DEVELOPMENT INITIATIVE LEVERAGES OUR EXPERTISE AND RESOURCES TO ADDRESS WORLDWIDE CORNEA BLINDNESS BY PROMOTING THE GROWTH OF PROFESSIONAL EYE BANKS AROUND THE WORLD THAT ARE SCALABLE, SUSTAINABLE AND OF HIGH QUALITY. ESTABLISHED IN 2009, THIS INITIATIVE PROVIDES STRATEGIC, TECHNICAL AND FINANCIAL ASSISTANCE TO EYE BANK PARTNERS IN DEVELOPING COUNTRIES.
THE GLOBAL EYE BANK DEVELOPMENT INITIATIVE LEVERAGES OUR EXPERTISE AND RESOURCES TO ADDRESS WORLDWIDE CORNEA BLINDNESS BY PROMOTING THE GROWTH OF PROFESSIONAL EYE BANKS AROUND THE WORLD THAT ARE SCALABLE, SUSTAINABLE AND OF HIGH QUALITY. ESTABLISHED IN 2009, THIS INITIATIVE PROVIDES STRATEGIC, TECHNICAL AND FINANCIAL ASSISTANCE TO EYE BANK PARTNERS IN DEVELOPING COUNTRIES.
THE NORTHWEST LIONS FOUNDATION (NLF) IS AN OPERATING UNIT OF SIGHTLIFE. NLF OVERSEES THE LIONS COMMUNITY SERVICE PROGRAMS. THESE PROGRAMS INCLUDE THE LIONS HEALTH SCREENING UNIT, THE LIONS HEARING AID BANK, AND PROJECT SUPPORT & PATIENT CARE GRANTS. ADDITIONALLY, THE NLF PROVIDED MANY OTHERS WITH FINANCIAL ACCESS TO MEDICAL PROCEDURES AND HEARING AIDS. NLF SPONSORS VARIOUS FUNDRAISING INITIATIVES TO SUPPORT THESE PROGRAMS.
THE NORTHWEST LIONS FOUNDATION (NLF) IS AN OPERATING UNIT OF SIGHTLIFE. NLF OVERSEES THE LIONS COMMUNITY SERVICE PROGRAMS. THESE PROGRAMS INCLUDE THE LIONS HEALTH SCREENING UNIT, THE LIONS HEARING AID BANK, PROJECT SUPPORT & PATIENT CARE GRANTS. ADDITIONALLY, THE NLF PROVIDED MANY OTHERS WITH FINANCIAL ACCESS TO MEDICAL PROCEDURES AND HEARING AIDS. NLF SPONSORS VARIOUS FUNDRAISING INITIATIVES TO SUPPORT THESE PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Claire Bonilla CEO Thru 10/21 | OfficerTrustee | 40 | $255,311 |
James Mccorkle COO | OfficerTrustee | 40 | $171,335 |
John Gebhart Cfo, Treasurer | OfficerTrustee | 40 | $203,700 |
Bill Lundin Chair & Nwlf Director | OfficerTrustee | 15 | $0 |
Sanjay Chheda Vice Chair | OfficerTrustee | 3 | $0 |
Sapphira Goradia Secretary | OfficerTrustee | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Bloodworks Northwest Blood Bank | 12/30/21 | $671,718 |
Slalom Llc Consulting | 12/30/21 | $502,275 |
Donor Network West (Ctdn) Organ Procurement Services | 12/30/21 | $370,438 |
Lifesource Organ Procurement Services | 12/30/21 | $346,839 |
Eurofins Donor & Product Testing Inc Blood Testing, Medical Review | 12/30/21 | $245,911 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,452,561 |
| All other contributions, gifts, grants, and similar amounts not included above | $405,450 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $405,450 |
| Total Program Service Revenue | $6,781,899 |
| Investment income | $23,901 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $86,570 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,533,969 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,016 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $4,572 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,235,915 |
| Compensation of current officers, directors, key employees. | $274,723 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,676,701 |
| Pension plan accruals and contributions | $112,346 |
| Other employee benefits | $1,119,618 |
| Payroll taxes | $612,182 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $195,939 |
| Fees for services: Accounting | $112,068 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $178,618 |
| Advertising and promotion | $22,145 |
| Office expenses | $243,217 |
| Information technology | $490,524 |
| Royalties | $0 |
| Occupancy | $531,593 |
| Travel | $174,578 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $19,872 |
| Interest | $7,017 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $101,812 |
| Insurance | $83,635 |
| All other expenses | $28,192 |
| Total functional expenses | $10,294,533 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $712,127 |
| Savings and temporary cash investments | $1,346,019 |
| Pledges and grants receivable | $10,208 |
| Accounts receivable, net | $2,326,229 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $286,802 |
| Prepaid expenses and deferred charges | $299,743 |
| Net Land, buildings, and equipment | $1,406,164 |
| Investments—publicly traded securities | $25,015 |
| Investments—other securities | $13,362 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,435,331 |
| Total assets | $7,861,000 |
| Accounts payable and accrued expenses | $2,326,722 |
| Grants payable | $0 |
| Deferred revenue | $293,597 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $1,991,143 |
| Other liabilities | $830,099 |
| Total liabilities | $5,441,561 |
| Net assets without donor restrictions | $2,125,842 |
| Net assets with donor restrictions | $293,597 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $7,861,000 |
Grants Awarded
Over the last fiscal year, Sightlife has awarded $21,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
VISION FOR INDEPENDENCE CENTER PURPOSE: GENERAL SUPPORT. | $6,500 |
NORTHWEST ASSOCIATION FOR BLIND ATHLETES PURPOSE: GENERAL SUPPORT. | $7,000 |
PACIFIC UNIVERSITY COLLEGE OF OPTOMETRY PURPOSE: GENERAL SUPPORT. | $7,500 |