Louisiana Lions Eye Foundation Inc is located in New Orleans, LA. The organization was established in 1978. According to its NTEE Classification (G41) the organization is classified as: Eye Diseases, Blindness & Vision Impairments, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 06/2022, Louisiana Lions Eye Foundation Inc employed 48 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Louisiana Lions Eye Foundation Inc 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, Louisiana Lions Eye Foundation Inc generated $886.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $2.0m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE VISION AND HEARING CARE FOR INDIGENT LOUISIANA RESIDENTS.
Describe the Organization's Program Activity:
PATIENT CARE - TO PROVIDE SIGHT AND HEARING EXAMINATIONS, SURGERY, GLASSES AND HEARING AIDS AS NEEDED.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
John Carlone Executive Director | Officer | 45 | $74,317 |
Belinda Arceneaux Immediate Past President | OfficerTrustee | 5 | $0 |
Maranda Trahan Secretary | OfficerTrustee | 5 | $0 |
Mike Trainor Treasurer | OfficerTrustee | 5 | $0 |
Scott Harkey Board Member | OfficerTrustee | 1 | $0 |
Susan Ballard President | OfficerTrustee | 5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $481,158 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $481,158 |
Total Program Service Revenue | $1,646 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$14,149 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $404,632 |
Net Income from Sales of Inventory | $11,970 |
Miscellaneous Revenue | $0 |
Total Revenue | $885,979 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $1,597,069 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $73,547 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $79,150 |
Pension plan accruals and contributions | $1,750 |
Other employee benefits | $11,786 |
Payroll taxes | $13,284 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $6,315 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $5,314 |
Advertising and promotion | $3,136 |
Office expenses | $21,843 |
Information technology | $704 |
Royalties | $0 |
Occupancy | $0 |
Travel | $8,504 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $2,406 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $5,753 |
Insurance | $3,133 |
All other expenses | $2,993 |
Total functional expenses | $1,977,941 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $717,475 |
Savings and temporary cash investments | $342,467 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $2,975 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $3,581 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $15,428 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $4,851 |
Total assets | $1,086,777 |
Accounts payable and accrued expenses | $2,375 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $0 |
Other liabilities | $0 |
Total liabilities | $2,375 |
Net assets without donor restrictions | $1,084,402 |
Net assets with donor restrictions | $0 |
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 | $1,086,777 |
Over the last fiscal year, we have identified 8 grants that Louisiana Lions Eye Foundation Inc has recieved totaling $312,152.
Awarding Organization | Amount |
---|---|
Lions Clubs International Ftdn Oak Brook, IL PURPOSE: Baldridge Endowment Special Distribution 2021 | $200,000 |
International Association Of Lions Clubs Chauvin, LA | | $55,300 |
Lions Clubs International Ftdn Oak Brook, IL PURPOSE: J & J Sight for Kids - Louisiana | $18,960 |
Lions Clubs International Ftdn Oak Brook, IL PURPOSE: Baldridge Endowment Fund for Sight 2021 | $16,668 |
Lions Clubs International Ftdn Oak Brook, IL PURPOSE: Baldridge Endowment Fund for Sight | $15,184 |
The Oscar J Tolmas Charitable Trust Metairie, LA PURPOSE: TO ASSIST IN THE ORGANIZATION'S TAX EXEMPT MISSION | $5,000 |
Organization Name | Assets | Revenue |
---|---|---|
Lighthouse For The Blind In New Orleans New Orleans, LA | $20,791,021 | $9,622,051 |
Beacon Lighthouse Inc Wichita Falls, TX | $3,271,118 | $8,876,178 |
East Texas Lighthouse For The Blind Inc Tyler, TX | $45,131,329 | $9,265,830 |
Lighthouse For The Blind Of Houston Houston, TX | $28,697,781 | $5,413,103 |
Knights Templar Eye Foundation Inc Flower Mound, TX | $153,213,107 | $22,979,623 |
South Texas Lighthouse For The Blind Corpus Christi, TX | $31,893,208 | $5,279,988 |
Louisiana Assn For The Blind Inc Shreveport, LA | $31,579,658 | $6,008,985 |
Louisiana Center For The Blind Inc Ruston, LA | $4,006,211 | $2,266,620 |
Southern Eye-Bank Metairie, LA | $10,995,375 | $2,880,299 |
Houston Lighthouse Foundation Inc Houston, TX | $45,366,188 | $2,659,206 |
Louisiana Lions Eye Foundation Inc New Orleans, LA | $1,086,777 | $885,979 |
World Services For The Blind Foundation Little Rock, AR | $4,565,552 | $846,557 |