Mississippi Lions Eye Bank Inc
- Assets
- $0.0
- Revenue
- $514.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Flowood, MS
- Founding
- 10/1979
- Data as of
- 06/2021
- EIN
- 64-0597978
Organization Overview
Mississippi Lions Eye Bank Inc is located in Flowood, MS. The organization was established in 1979. According to its NTEE Classification (E65) the organization is classified as: Organ & Tissue Banks, 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. Mississippi Lions Eye Bank 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, Mississippi Lions Eye Bank Inc generated $514.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.4%) each year. All expenses for the organization totaled $457.4k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (8.6%) per year over the past 7 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
TO PROVIDE EYE TISSUES TO IMPOVERISHED PERSONS THROUGHOUT THE STATE OF MISSISSIPPI.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVISION OF DONOR EYE TISSUE FOR TRANSPLANT, RESEARCH, AND TEACHING PURPOSES, AND PROMOTING DONATION OF EYE TISSUE THROUGH EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Flynt Chief Executive Officer | Officer | 40 | $0 |
Jimmy Doolittle Chairman | Trustee | 4 | $0 |
Bg Tatum Trustee | Trustee | 4 | $0 |
Cecil Chambliss Secretary | Trustee | 4 | $0 |
Walter Johnston Trustee | Trustee | 4 | $0 |
Harry Tabor Trustee | Trustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $600 |
| Investment income | $44 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $5,000 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $514,260 |
| Statement of Expenses | |
|---|---|
| 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. | $72,262 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $114,887 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $45,880 |
| Payroll taxes | $16,230 |
| Fees for services: Management | $2,140 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,064 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $95,726 |
| Advertising and promotion | $1,812 |
| Office expenses | $23,926 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $17,838 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $24 |
| Payments to affiliates | $20,000 |
| Depreciation, depletion, and amortization | $835 |
| Insurance | $3,100 |
| All other expenses | $0 |
| Total functional expenses | $457,438 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| 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 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| 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 | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $0 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Mississippi Lions Eye Bank Inc has recieved totaling $100.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: POVERTY | $100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Dci Donor Services Inc Nashville, TN | $105,092,079 | $104,977,824 |
Mississippi Organ Recovery Agency Flowood, MS | $20,006,402 | $20,913,748 |
Arkansas Regional Organ Recovery Agency Inc Little Rock, AR | $22,160,578 | $19,295,417 |
Advancing Sight Network Birmingham, AL | $16,847,283 | $13,312,394 |
Mid-South Transplant Foundation Inc Cordova, TN | $10,965,203 | $13,974,113 |
National Foundation For Transplants Inc Memphis, TN | $1,969,984 | $2,489,249 |
East Tennessee Lions Eye Bank Knoxville, TN | $4,015,970 | $2,007,043 |
Restore Life Usa Inc Elizabethton, TN | $851,051 | $1,598,692 |
Baton Rouge Regional Eye Bank Inc Baton Rouge La, LA | $1,835,810 | $1,097,746 |
Mississippi Lions Eye Bank Inc Flowood, MS | $0 | $514,260 |
Tennessee County Clerks Organ Donor Awareness Foundation Nashville, TN | $284,073 | $318,988 |
Arkansas Lions Eye Bank And Laboratory Little Rock, AR | $501,701 | $28,307 |