Southern Eye-Bank

Organization Overview

Southern Eye-Bank is located in Metairie, LA. The organization was established in 1949. 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 12/2021, Southern Eye-Bank employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southern Eye-Bank 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 12/2021, Southern Eye-Bank generated $2.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $2.3m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Southern Eye-Bank has awarded 21 individual grants totaling $393,525. 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

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE SOUTHERN EYE BANK PROVIDES CORNEAS AND EYE TISSUES TO VARIOUS DOCTORS AND HOSPITALS TO RESTORE SIGHT AND REPAIR TORN AND DAMAGED EYES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE SOUTHERN EYE BANK PROVIDES CORNEAS AND EYE TISSUES TO VARIOUS DOCTORS AND HOSPITALS TO RESTORE SIGHT AND REPAIR TORN AND DAMAGED EYES. TOTAL OF 1,047 EYE CORNEAS AND TISSUES WERE RECEIVED FROM 550 ORGAN DONORS. 569 USED FOR TRANSPLANT. 49 USED FOR TRAINING AND RESEARCH. THERE WERE 42 TRANSPLANTS FROM IMPORTED TISSUE. THERE WERE 86 SCLERA TRANSPLANTS.


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Board, Officers & Key Employees

Name (title)Compensation
Robert J Mora CPA
Treasurer
$0
Maurice Gaudet IV
Secretary
$0
Peter Sperling
President
$0
Father James Carter
Vice President
$0
Patrick M Kingsmill JD
Emeritus
$0
Bruce Barron
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $6,398
All other contributions, gifts, grants, and similar amounts not included above$483,066
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$489,464
Total Program Service Revenue$1,924,449
Investment income $176,067
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $290,319
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,880,299

Grants Awarded

Over the last fiscal year, Southern Eye-Bank has awarded $71,525 in support to 4 organizations.

Grant RecipientAmount

LOUISIANA CHILDRENS MUSEUM

Org PageRecipient Profile

New Orleans, LA

PURPOSE: EXHIBIT

$41,500

ST THOMAS COMMUNITY HEALTH CT

Org PageRecipient Profile

New Orleans, LA

PURPOSE: COMMUNITY SERVICE

$15,000

INTERNATIONAL EYE INSTITUTE

Org PageRecipient Profile

Coeur D Alene, ID

PURPOSE: MISSION TRIP

$10,000

CHILDRENS MUSEUM OF ACADIANA

Org PageRecipient Profile

Lafayette, LA

PURPOSE: EXHIBIT

$5,025
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Southern Eye-Bank has recieved totaling $5.

Awarding OrganizationAmount
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$5
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$7,835,008
Earnings$1,594,006
Admin Expense$38,629
Net Contributions$2,096
Ending Balance$9,392,481

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