Lions Sight And Hearing Foundation Of Southern California
- Assets
- $543.8k
- Revenue
- $360.8k
- Investments
- $0.0
- Employees
- 6
- Location
- Long Beach, CA
- Founding
- 05/1975
- Data as of
- 06/2021
- EIN
- 95-2916098
Organization Overview
Lions Sight And Hearing Foundation Of Southern California is located in Long Beach, CA. The organization was established in 1975. 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 06/2021, Lions Sight And Hearing Foundation Of Southern California employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lions Sight And Hearing Foundation Of Southern California 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, Lions Sight And Hearing Foundation Of Southern California generated $360.8k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 25.0% each year . All expenses for the organization totaled $752.1k during the year ending 06/2021. While expenses have increased by 14.0% per year over the past 6 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
LSH IS UNIQUE DUE TO THE NEED WE ADDRESS AND THE LARGE CATCHMENT OF 12 CALIFORNIA COUNTIES WE SERVE. OUR TARGET POPULATION LIVES ON $15,000 TO $30,000 ANNUAL INCOME TOO RICH FOR MEDI-CAL BUT UNABLE TO AFFORD OR QUALIFY FOR MEDICAL COVERAGE ON THEIR OWN. THEY DO NOT HAVE THE RESOURCES TO ADDRESS SIGHT AND HEARING ISSUES WHICH NEGATIVELY IMPACT EVERY FACET OF THEIR LIVES. LSH STEPS INTO THESE GAPS IN SERVICES AND ENABLES OUR CLIENTS TO LIVE RICH, FULFILLING LIVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LSH PROVIDED SERVICE VALUE OF APPROXIMATELY $670,000 THROUGH THE GENEROUS SUPPORT OF OUR PROVIDERS WHO CONTRIBUTED $525,054 IN-KIND SERVICE VALUE. VOLUNTEERS PROVIDED ADDITIONAL VOLUNTEER HOURS VALUED AT $350,000. DIRECT AND INDIRECT IMPACTS OF THE SERVICES FUNDED TOUCHED THE LIVES OF OVER 3,000 INDIVIDUALS IMPROVING THE RICHNESS OF OUR COMMUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Randy Stein CEO | Trustee | 40 | $113,250 |
Ken Blackwood President | OfficerTrustee | 2 | $0 |
Deborah Braun Secretary | OfficerTrustee | 2 | $0 |
Gene Johnson Treasurer | OfficerTrustee | 4 | $0 |
Scott Quinlan Vice President | OfficerTrustee | 2 | $0 |
Helen Quintanilla Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $72,850 |
| All other contributions, gifts, grants, and similar amounts not included above | $143,098 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $215,948 |
| Total Program Service Revenue | $0 |
| Investment income | $144,825 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $360,773 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $143,511 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $113,250 |
| Compensation of current officers, directors, key employees. | $19,917 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $234,088 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $27,206 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $25,011 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $35,597 |
| Office expenses | $4,560 |
| Information technology | $4,083 |
| Royalties | $0 |
| Occupancy | $14,832 |
| 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 | $20,275 |
| Insurance | $4,854 |
| All other expenses | $9,365 |
| Total functional expenses | $752,053 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,048 |
| Savings and temporary cash investments | $4,767 |
| Pledges and grants receivable | $11,650 |
| 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 | $1,715 |
| Net Land, buildings, and equipment | $13,516 |
| Investments—publicly traded securities | $479,449 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $18,697 |
| Other assets | $0 |
| Total assets | $543,842 |
| Accounts payable and accrued expenses | $18,430 |
| 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 | $18,430 |
| Net assets without donor restrictions | $511,734 |
| Net assets with donor restrictions | $13,678 |
| 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 | $543,842 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Lions Sight And Hearing Foundation Of Southern California has recieved totaling $50,115.
| Awarding Organization | Amount |
|---|---|
Pfaffinger Foundation Los Angeles, CA PURPOSE: GENERAL OPERATING SUPPORT | $30,000 |
Alcon Foundation Fort Worth, TX PURPOSE: EYE CARE | $20,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $115 |
Endowment Analysis
| Beg. Balance | $2,028 |
| Ending Balance | $2,028 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Doheny Eye Institute Los Angeles, CA | $229,360,664 | $66,100,953 |
Foundation For Blind Children Phoenix, AZ | $30,302,492 | $12,774,867 |
Southern Arizona Association For The Visually Impaired Tucson, AZ | $10,878,580 | $6,203,130 |
Vista Center For The Blind And Visually Impaired Palo Alto, CA | $12,198,427 | $3,251,858 |
Association Of University Professors Of Ophthalmology Inc San Francisco, CA | $10,060,251 | $4,034,996 |
California Optometric Association Sacramento, CA | $10,978,851 | $3,280,771 |
International Council Of Ophthalmology Foundation San Francisco, CA | $280,929 | $270,113 |
Society For The Blind Sacramento, CA | $6,571,988 | $3,002,333 |
Restoringvision San Francisco, CA | $3,263,281 | $2,652,811 |
Oregon Lions Sight And Hearing Foundation Inc Portland, OR | $7,389,143 | $1,778,141 |
The Armenian Eyecare Project San Dimas, CA | $4,533,308 | $2,577,746 |
Arizona Center For The Blind And Visually Impaired Phoenix, AZ | $1,661,480 | $2,113,389 |