Miracles In Sight

Organization Overview

Miracles In Sight is located in Winston Salem, NC. The organization was established in 1952. 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 12/2023, Miracles In Sight employed 116 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Miracles In Sight 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 12/2023, Miracles In Sight generated $16.6m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $14.8m during the year ending 12/2023. While expenses have increased by 5.4% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Miracles In Sight has awarded 27 individual grants totaling $2,606,000. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF THE NORTH CAROLINA EYE BANK INC D/B/A MIRACLES IN SIGHT IS TO SUPPORT THE RESTORATION, PRESERVATION, AND ENHANCEMENT OF SIGHT THROUGH TRANSPLANT, RESEARCH, EDUCATION AND INNOVATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

5,199,304 CLINICAL SERVICES - IS RESPONSIBLE FOR THE TESTING, EVALUATION ANDDISTRIBUTION OF TISSUE FOR TRANSPLANT AND RESEARCH. THEY DETERMINE IF THE TISSUE IS SUITABLE FOR TRANSPLANT AND WORK WITH SURGEONS TO MEET THEIR PATIENTS' NEEDS. THEY ALSO FACILITATE PROVIDING TISSUE TO RESEARCHERS WORKING ON CURES FOR EYE DISEASE SUCH AS MACULAR DEGENERATION AND GLAUCOMA. THE ORGANIZATION IS ONE OF THE LARGEST PROVIDERS OF SCLERA FOR OCULOPLASTIC SURGERY AND GLAUCOMA SURGERY.


457,191 QUALITY SYSTEMS & REGULATORY AFFAIRS - IS RESPONSIBLE FOR THE FORMULATION AND IMPLEMENTATION OF POLICIES AND PROCEDURES RELATED TO DONOR SCREENING, TISSUE RECOVERY, TISSUE PRESERVATION AND SUITABILITY OF TISSUE FOR USE. THEY OVERSEE STAFF TRAINING AND COMPETENCY TESTING, COMPLIANCE WITH INDUSTRY MEDICAL STANDARDS AND APPLICABLE STATE OR FEDERAL REGULATIONS. --- 1,263,495 BUSINESS DEVELOPMENT - PURSUES AND MAINTAINS CURRENT KNOWLEDGE REGARDING OPHTHALMOLOGICAL SURGICAL TRENDS AND EMERGING TECHNIQUES AND CULTIVATES AND STRENGTHENS RELATIONSHIPS WITH SURGEONS AND OTHER PERTINENT PROFESSIONALS BY PROVIDING ONGOING EDUCATION, CUSTOMIZED SUPPORT, AND TIMELY COMMUNICATION. PROMOTES MIS CORE AND SPECIALITY SERVICES AND WORKS IN CONJUNCTION WITH CLINICAL SERVICES TO OPTIMIZE DISTRIBUTION OUTLETS AS IDENTIFIED IN THE MIS STRATEGIC PLAN. --- 75,916 RESEARCH AND DEVELOPMENT - PERFORMS INVESTIGATIVE ACTIVITIES TO IMPROVE MIS EXISTING PRODUCTS, PROCESSES AND SERVICES. SUPPORT THE ORGANIZATION'S GROWTH BY VETTING AND MANAGING THE DEVELOPMENT OF NEW PRODUCTS AND SERVICES USED IN THE OPHTHALMOLOGIC INDUSTRY. --- 1,188,578 PROFESSIONAL DEVELOPMENT - PROVIDES PROFESSIONAL AND PUBLIC INFORMATION, EDUCATION, AND TRAINING INCLUDING FUNDING TO OTHER NONPROFITS TO FURTHER PROMOTE AND ACHIEVE THESE ACTIVITIES. THIS PROGRAM WORKS CLOSELY WITH HOSPITALS, HOSPICE, AND FUNERAL HOMES TO ENSURE THE DONOR AND FAMILY WISHES FOR DONATION ARE ACHIEVED. THEY PARTICIPATE IN AND SUPPORT DONATE LIFE NORTH CAROLINA, WHICH IS THE PUBLIC EDUCATION GROUP FOR THE STATE. --- 8,572 TRIAD CORNEA COMMUNITY - SUPPORTS TRIAD CORNEA COMMUNITY WHICH LINKS NONPROFIT, EBAA ACCREDITED MEMBERS AND FDA REGISTERED EYE BANKS WITH SURGEONS AND PATIENTS TO PROVIDE A MECHANISM FOR CORNEAL TISSUE REIMBURSEMENT; PARTNERING WITH SEVERAL INSURANCE CARRIERS WHO HAVE CREATED SUPPLEMENTAL VISION INSURANCE PLANS. THESE PLANS INCLUDE FULL COVERAGE OF THE PREPARATION AND PROCESSING COSTS OF THE CORNEA, ONE ADDITIONAL POST- OPERATIVE EXAM AND ONE ADDITIONAL POST-OPERATIVE LENS BENEFIT.


2,028,910 RECOVERY SERVICES - OVERSEES THE SURGICAL RECOVERY AND PRESERVATION OF DONOR OCULAR TISSUE.


2,145,762 DONOR CENTER - RECEIVES DONOR REFERRALS AND THEN INITIATES THE SCREENING,DISCLOSURE, AUTHORIZATION AND RECOVERY PROCESS. THEY WORK WITH THE DONOR'S FAMILY TO ENSURE SAFE TISSUE.


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Board, Officers & Key Employees

Name (title)Compensation
Ingrid Schunder
President &
$206,855
Kristen Mccoy
VP Surgical
$178,589
Mike Tramber
VP Of Operat
$168,836
Troy L Win'e
VP Strategic
$161,665
Susan Grunow
Donor Center
$119,262
Sara Kerr
Director Of
$102,682

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $1,591,334
All other contributions, gifts, grants, and similar amounts not included above$1,093,893
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,685,227
Total Program Service Revenue$12,808,263
Investment income $1,005,392
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $4,300
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $16,603,118

Grants Awarded

Over the last fiscal year, Miracles In Sight has awarded $160,000 in support to 3 organizations.

Grant RecipientAmount

MUSC FOUNDATION

PURPOSE: STORM EYE FELLOW

$50,000

DUKE EYE CENTER

PURPOSE: CORNEAL FELLOW

$100,000

HONORBRIDGE

PURPOSE: DONOR SERVICES

$10,000
View Grant Profile

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