Knights Templar Eye Foundation Inc
- Assets
- $153.2m
- Revenue
- $23.0m
- Investments
- $0.0
- Employees
- 5
- Location
- Flower Mound, TX
- Founding
- 05/1957
- Data as of
- 06/2022
- EIN
- 52-0686958
Organization Overview
Knights Templar Eye Foundation Inc is located in Flower Mound, TX. The organization was established in 1957. 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, Knights Templar Eye Foundation Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Knights Templar 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, Knights Templar Eye Foundation Inc generated $23.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 28.5% each year . All expenses for the organization totaled $5.3m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Knights Templar Eye Foundation Inc has awarded 460 individual grants totaling $26,886,185. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE VISION THROUGH RESEARCH, EDUCATION, AND SUPPORTING ACCESS TO CARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EYE RESEARCH GRANTS TO HOSPITALS, FOUNDATIONS, AND SCHOOLS.
GRANT TO THE CHILDREN'S EYE FOUNDATION OF AAPOS TO SUPPORT ENDING OF PREVENTABLE VISION LOSS AND BLINDNESS FROM RETINOPATHY OF PREMATURITY IN SUB-SAHARAN AFRICAN.
GRANT TO THE FOUNDATION OF THE AMERICAN ACADEMY OF OPHTHALMOLOGY FOR THE PEDIATRIC IRIS REGISTRY - THE NATION'S FIRST ELECTRONIC HEALTH RECORD-BASED COMPREHENSIVE EYE DISEASE AND CONDITION REGISTRY.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert W Bigley Assist Secy/office Adminis | Officer | 40 | $96,792 |
Jeffrey N Nelson Trustee-Past Pres. | OfficerTrustee | 4 | $0 |
David J Kussman Vice-President | OfficerTrustee | 5 | $0 |
Michael B Johnson President | OfficerTrustee | 5 | $0 |
Jack M Harper II Vice-President | OfficerTrustee | 5 | $0 |
Jeffrey A Bolstad Vice-President | OfficerTrustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Mjo Data Data Service | 6/29/21 | $172,246 |
Dmc Print Services Printing | 6/29/21 | $116,918 |
Financial Statements
| 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 | $2,429,808 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,429,808 |
| Total Program Service Revenue | $0 |
| Investment income | $3,775,737 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $16,016,234 |
| Net Income from Fundraising Events | $751,268 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $22,979,623 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,467,834 |
| 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. | $96,792 |
| Compensation of current officers, directors, key employees. | $72,497 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $193,195 |
| Pension plan accruals and contributions | $6,688 |
| Other employee benefits | $0 |
| Payroll taxes | $22,054 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $15,916 |
| Fees for services: Accounting | $30,715 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $877,045 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $53,924 |
| Information technology | $133,653 |
| Royalties | $0 |
| Occupancy | $45,253 |
| Travel | $18,860 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $61,677 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,483 |
| Insurance | $18,944 |
| All other expenses | $26,639 |
| Total functional expenses | $5,349,557 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $235,521 |
| Savings and temporary cash investments | $15,583,978 |
| 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 |
| Net Land, buildings, and equipment | $30,767 |
| Investments—publicly traded securities | $137,356,311 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,530 |
| Total assets | $153,213,107 |
| 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 | $141,528,389 |
| Net assets with donor restrictions | $11,684,718 |
| 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 | $153,213,107 |
Grants Awarded
Over the last fiscal year, Knights Templar Eye Foundation Inc has awarded $3,467,834 in support to 57 organizations.
| Grant Recipient | Amount |
|---|---|
Roseville, MN PURPOSE: SUPPORT OF THE STOP INFANT BLINDNESS IN AFRICA (SIBA) PROGRAM | $684,800 |
San Francisco, CA PURPOSE: GENERAL SUPPORT | $400,000 |
San Francisco, CA PURPOSE: GENERAL SUPPORT | $250,000 |
Roseville, MN PURPOSE: EYE RESEARCH GRANT | $250,000 |
Los Angeles, CA PURPOSE: RESEARCH GRANT - PREDICTIVE MEDICINE LAB RESEARCH GRANT | $228,000 |
Rockville, MD PURPOSE: ARVO TRAVEL GRANTS | $76,364 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Knights Templar Eye Foundation Inc has recieved totaling $81,031.
| Awarding Organization | Amount |
|---|---|
G Wilbur Bell Tr Uw Havana, IL PURPOSE: CHARITABLE | $40,411 |
Major Floyd J Morris Jr Foundation Fort Worth, TX PURPOSE: UNRESTRICTED DONATION | $13,558 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $13,321 |
Royal Order Of Scotland Provincial Belle Vernon, PA PURPOSE: MEDICAL RESEARCH | $10,000 |
Jason L & Carrie M Smith Charitable Tr Detroit, MI PURPOSE: SUPPORT FOR DAILY | $2,962 |
Mark E & Mary A Davis Foundation Belle Plaine, MN PURPOSE: GENERAL SUPPORT | $500 |
Endowment Analysis
| Beg. Balance | $109,591,190 |
| Earnings | $2,210,625 |
| Net Contributions | $940,041 |
| Ending Balance | $112,741,856 |
Peer Organizations
| 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 |
Oklahoma Lions Sight Conservation Fdn Inc Oklahoma City, OK | $2,429,055 | $2,007,240 |