Texas Lions Eyeglass Recycling Center Foundation
- Assets
- $181.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Midland, TX
- Founding
- 04/2010
- Data as of
- 06/2021
- EIN
- 61-1559641
Organization Overview
Texas Lions Eyeglass Recycling Center Foundation is located in Midland, TX. The organization was established in 2010. According to its NTEE Classification (E12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Texas Lions Eyeglass Recycling Center Foundation 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, Texas Lions Eyeglass Recycling Center Foundation generated $85.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (7.7%) each year. All expenses for the organization totaled $80.1k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (4.1%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
DISPENSED OVER 1,000,000 USED EYEGLASSES FOR MISSION PROJECTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carolyn Keskitalo CEO | 40 | $54,407 | |
Zoie White Chairman | 0 | $0 | |
Marshall Cooper Treasurer | 0 | $0 | |
Jim Cook Director | 0 | $0 | |
Jerry Bentley Director | 0 | $0 | |
Gene Lefevers Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $84,055 |
| Total Program Service Revenue | $1,025 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $85,080 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $58,026 |
| Professional fees and other payments to independent contractors | $706 |
| Occupancy, rent, utilities, and maintenance | $16,001 |
| Printing, publications, postage, and shipping | $659 |
| Other expenses | $4,669 |
| Total expenses | $80,061 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $20,595 |
| Other assets | $0 |
| Total assets | $181,564 |
| Total liabilities | $9,493 |
| Net assets or fund balances | $172,071 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Texas Lions Eyeglass Recycling Center Foundation has recieved totaling $45,193.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $32,000 |
International Association Of Lions Clubs Lubbock, TX PURPOSE: OPERATION AND NEEDS OF ORGANIZATION | $13,193 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Our Lady Of The Lake Foundation Baton Rouge, LA | $22,619,327 | $9,390,002 |
The Cullen Trust For Health Care Houston, TX | $131,381,553 | $3,442,546 |
Friends Of Santa Rosa Foundation San Antonio, TX | $13,088,401 | $2,118,333 |
Sky High For St Judes Inc Houston, TX | $1,119,864 | $4,279,523 |
All Saints Health Foundation Dallas, TX | $79,123,014 | $9,942,046 |
Baylor Oral Health Foundation Dallas, TX | $75,747,917 | $4,071,225 |
Service Organizations Of Southeast Texas Lubbock, TX | $594,479 | $3,447,563 |
Legacy Community Health Endowment Inc Houston, TX | $31,762,951 | $2,359,122 |
New Mexico Hospital Association Albuquerque, NM | $20,342,182 | $3,002,347 |
Baxter Foundation Inc Edmond, OK | $782,627 | $2,000,003 |
Watermark Health A Nonprofit Corporation Dallas, TX | $1,234,253 | $1,398,773 |
Intracare Behavioral Health Foundation Houston, TX | $323,254 | $1,339,054 |