Lancaster Lens Inc
- Assets
- $0.0
- Revenue
- $356.0k
- Investments
- $551.6k
- Employees
- 0
- Location
- Columbus, OH
- Founding
- 01/1955
- Data as of
- 07/2021
- EIN
- 31-6023927
Organization Overview
Lancaster Lens Inc is located in Columbus, OH. The organization was established in 1955. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lancaster Lens 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 07/2021, Lancaster Lens Inc generated $356.0k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $319.3k during the year ending 07/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Lancaster Lens Inc has awarded 38 individual grants totaling $4,029,618. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION'S CHARITABLE ACTIVITIES CONSIST OF MAKING DONATIONS TO OTHER CHARITABLE ORGANIZATIONS. SEE THE ATTACHED LIST OF CONTRIBUTIONS PAID FOR PART XV.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bruce L Rosa President | 1 | $0 | |
Richard W Gentil Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $355,961 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $355,961 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $9,000 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $31,812 |
| Contributions, gifts, grants paid | $287,500 |
| Total expenses and disbursements | $319,312 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $391,233 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Lancaster Lens Inc has awarded $287,500 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
Ashley, OH PURPOSE: DINING HALL | $70,000 |
HEINZERLING FOUNDATION PURPOSE: VARIOUS | $65,000 |
Columbus, OH PURPOSE: VARIOUS | $55,000 |
Ashley, OH PURPOSE: VARIOUS | $30,000 |
Columbus, OH PURPOSE: UNRESTRICTED | $25,000 |
COSI- COLUMBUS PURPOSE: OPERATIONS | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pennsylvania Association For The Blind Harrisburg, PA | $4,901,702 | $4,901,914 |
Lions Eye Bank Of Delaware Valley Philadelphia, PA | $14,412,620 | $4,863,038 |
Kleb Inc Louisville, KY | $1,708,878 | $3,338,144 |
League For The Blind And Disabled Inc Fort Wayne, IN | $13,675,160 | $2,904,502 |
Penrickton Center For Blind Children Taylor, MI | $14,000,121 | $4,048,500 |
Central Ohio Lions Eye Bank Inc Columbus, OH | $2,261,506 | $2,054,180 |
National Society To Prevent Blindness Columbus, OH | $4,716,429 | $2,037,831 |
Vision Resources Of Central Pennsylvania Harrisburg, PA | $8,007,623 | $1,994,973 |
Indiana Optometric Association Inc Carmel, IN | $2,332,452 | $1,838,824 |
Kentucky Optometric Association Frankfort, KY | $1,137,225 | $1,149,939 |
Beaver County Assn For The Blind Beaver Falls, PA | $741,634 | $1,219,990 |
Toledo Society For The Blind Inc Toledo, OH | $5,892,217 | $2,083,619 |