Lone Star Lions Eye Bank Inc
- Assets
- $0.0
- Revenue
- $106.0k
- Investments
- $0.0
- Employees
- 20
- Location
- Manor, TX
- Founding
- 04/1975
- Data as of
- 06/2021
- EIN
- 23-7444465
Organization Overview
Lone Star Lions Eye Bank Inc is located in Manor, TX. The organization was established in 1975. According to its NTEE Classification (E65) the organization is classified as: Organ & Tissue Banks, under the broad grouping of Health Care and related organizations. As of 06/2021, Lone Star Lions Eye Bank Inc employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lone Star Lions Eye Bank 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 06/2021, Lone Star Lions Eye Bank Inc generated $106.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (37.6%) each year. All expenses for the organization totaled $478.6k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE OCCULAR TISSUE FOR TRANSPLANTATION, RESEARCH AND EDUCATION AND PROVIDE EDUCATIONAL PROGRAMS FOR THE MEDICAL COMMUNITY AND THE GENERAL PUBLIC
Describe the Organization's Program Activity:
Part 3 - Line 4a
UNABLE TO RECOVER TISSUE AND CORNEAL TRANSPLANTS WERE CONSIDERED ELECTIVE SURGERIES. SOLD EYE BANK TO ANOTHER NON-PROFIT EYE BANK ON 8/3/20
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel Mercado Executive Director | Officer | 60 | $73,790 |
Al Hedtke President, Director | OfficerTrustee | 30 | $0 |
Vance Elliott Dist Gov, Director | 1 | $0 | |
Joe Franks Vice Dist. Gov, Directgor | 1 | $0 | |
Mike Turby Director | OfficerTrustee | 2 | $0 |
Jane Istre Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,473 |
| Investment income | $65 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$4,843 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $105,999 |
| Statement of Expenses | |
|---|---|
| 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. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $63,829 |
| Pension plan accruals and contributions | $1,856 |
| Other employee benefits | $7,018 |
| Payroll taxes | $6,723 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $20,650 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $2,749 |
| Information technology | $10,193 |
| Royalties | $0 |
| Occupancy | $6,466 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $14,091 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,855 |
| All other expenses | $0 |
| Total functional expenses | $478,633 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $0 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lifeshare Transplant Donor Services Of Oklahoma Inc Oklahoma City, OK | $13,390,351 | $35,425,470 |
Texas Organ Sharing Alliance San Antonio, TX | $45,686,335 | $35,873,310 |
Arkansas Regional Organ Recovery Agency Inc Little Rock, AR | $21,200,624 | $23,319,528 |
San Antonio Eye Bank San Antonio, TX | $8,892,369 | $4,220,407 |
Austin Recovery Inc Austin, TX | $3,787,441 | $4,469,768 |
Noras Gift Foundation Inc Houston, TX | $16,603,611 | $7,451,646 |
Baton Rouge Regional Eye Bank Inc Baton Rouge La, LA | $1,835,810 | $1,097,746 |
New Mexico Lions Sight Conservation Foundation Inc Belen, NM | $1,869,852 | $836,367 |
The Living Bank International Houston, TX | $2,986,759 | $435,186 |
The Transplant Association Of Texas San Antonio, TX | $227,036 | $343,654 |
Lone Star Lions Eye Bank Inc Manor, TX | $0 | $105,999 |
Lions Eye Bank Foundation Houston, TX | $3,741,582 | $217,643 |
Arkansas Lions Eye Bank And Laboratory Little Rock, AR | $501,701 | $28,307 |
Lifeshare Network Inc Oklahoma City, OK | $0 | $0 |
Lifeshare Tissue Services Inc Oklahoma City, OK | $0 | $0 |