Multiple District 22 Lions Vision Research Foundation Inc
- Assets
- $642.9k
- Revenue
- $132.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Baltimore, MD
- Founding
- 06/1990
- Data as of
- 06/2021
- EIN
- 52-1608925
Organization Overview
Multiple District 22 Lions Vision Research Foundation Inc is located in Baltimore, MD. The organization was established in 1990. According to its NTEE Classification (H41) the organization is classified as: Eye Diseases, Blindness & Vision Impairments Research, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Multiple District 22 Lions Vision Research 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 06/2021, Multiple District 22 Lions Vision Research Foundation Inc generated $132.6k 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 (10.6%) each year. All expenses for the organization totaled $119.5k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (12.5%) per year over the past 6 years. 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
LOW VISION RESEARCH AND REHABILITATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
MONIES PAID TO THE WILMER EYE INSTITUTE OF THE JOHNS HOPKINS MEDICAL INSTITUTION IN BALTIMORE, MD, TO BE USED FOR RESEARCH AND REHABILITATION TO MINIMIZE THE DISABILITIES CAUSED BY LOW VISION AND BLINDNESS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dee Hawkins Vice Chairman | Officer | 3 | $0 |
Dalton Mann Secretary | Officer | 3 | $0 |
Wayne Cole Chairman | Officer | 5 | $0 |
Paul Leatherman Treasurer | Officer | 3 | $0 |
James Katzaman Trustee | Trustee | 1 | $0 |
Larry Burton Imm Past Chair | Trustee | 1 | $0 |
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 | $77,625 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $77,625 |
| Total Program Service Revenue | $0 |
| Investment income | $28,803 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$7,536 |
| Net Income from Fundraising Events | $33,735 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $132,627 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $100,450 |
| 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 of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $5,724 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,002 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $222 |
| All other expenses | $0 |
| Total functional expenses | $119,509 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,239 |
| Savings and temporary cash investments | $41,638 |
| 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 | $74 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $588,960 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $642,911 |
| Accounts payable and accrued expenses | $52 |
| 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 | $52 |
| Net assets without donor restrictions | $447,672 |
| Net assets with donor restrictions | $195,187 |
| 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 | $642,911 |
Grants Awarded
Over the last fiscal year, Multiple District 22 Lions Vision Research Foundation Inc has awarded $1,731,750 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
Baltimore, MD PURPOSE: MONIES PAID TO THE WILMER EYE INSTITUTE OF THE JOHNS HOPKINS MEDICAL INSTITUTION IN BALTIMORE, MD, TO BE USED FOR RESEARCH AND REHABILITATION TO MINIMIZE THE DISABILITIES CAUSED BY BLINDNESS | $352,000 |
Baltimore, MD PURPOSE: MONIES PAID TO THE WILMER EYE INSTITUTE OF THE JOHNS HOPKINS MEDICAL INSTITUTION IN BALTIMORE, MD, TO BE USED FOR RESEARCH AND REHABILITATION TO MINIMIZE THE DISABILITIES CAUSED BY BLINDNESS | $352,000 |
Baltimore, MD PURPOSE: MONIES PAID TO THE WILMER EYE INSTITUTE OF THE JOHNS HOPKINS MEDICAL INSTITUTION IN BALTIMORE, MD, TO BE USED FOR RESEARCH AND REHABILITATION TO MINIMIZE THE DISABILITIES CAUSED BY BLINDNESS | $352,000 |
Baltimore, MD PURPOSE: ASSISTING PEOPLE WITH LOW VISION | $225,250 |
Baltimore, MD PURPOSE: ASSISTING PEOPLE WITH LOW VISION | $225,250 |
Baltimore, MD PURPOSE: ASSISTING PEOPLE WITH LOW VISION | $225,250 |
Endowment Analysis
| Beg. Balance | $76,924 |
| Earnings | $71,663 |
| Ending Balance | $148,587 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Foundation Fighting Blindness Inc Columbia, MD | $159,573,247 | $35,372,887 |
The Association For Research In Vision And Ophthalmology Rockville, MD | $17,004,319 | $4,996,514 |
Eye & Ear Foundation Inc Pittsburgh, PA | $60,351,580 | $25,333,701 |
American Society Of Cataract And Refractive Surgery Foundation Fairfax, VA | $6,426,034 | $1,064,638 |
National Alliance For Eye And Vision Research Inc Rockville, MD | $1,467,724 | $490,417 |
Eye Tumor Research Foundation Inc Philadelphia, PA | $981,796 | $203,641 |
Multiple District 22 Lions Vision Research Foundation Inc Baltimore, MD | $642,911 | $132,627 |
Collaborative Community On Ophthalmic Imaging Foundation Reston, VA | $44,251 | $0 |
Blaydes Eye Foundation Bluefield, WV | $172,660 | $32,083 |
Philadelphia Retina Endowment Fund C/O Jay Federman Md Philadelphia, PA | $0 | -$302 |
University Ophthalmic Consultants Of Washington Pc Research & Educat Chevy Chase, MD | $62,687 | $0 |
Moore Eye Foundation Springfield, PA | $12,452 | $0 |