Florida Lions Eye Bank Inc

Nonprofit profile at a glance

EIN
590967012
IRS 990 coverage
2012–2024
Official website data refreshed
Jul 2026
Forms available
Form 990 2024
Location
Miami, FL, USA
Phone
3053244340
Rating
89
Verdict
STRONG
Rating confidence
Moderate
Sector
Organ and Tissue Banks

Official website

Reported finances

Revenue
$3,733,246
Expenses
$4,339,247
Assets
$22,768,229
Liabilities
$1,059,751

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

17 people listed

Executive titles in this filing

  • TONY MONTES (PRESIDENT)
  • BOBBY WRIGHT (VICE PRESIDENT)
  • JUDY GALM (VICE PRESIDENT)
  • ELBIO JOSE GIMENEZ (VICE PRESIDENT)
  • GREG EVANS (VICE PRESIDENT)
  • JAMES CAMPBELL (IMMEDIATE PAST PRESIDENT)

Highest reported compensation

  • ELIZABETH FOUT (EXECUTIVE DIRECTOR): $114,731 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Florida lions eye bank provides ophthalmic services to ophthalmologists and patients to assist with treatment, and advances the field of ophthalmology through research and innovation for the betterment of humankind.

What it reported doing in 2024

Florida lions eye bank (doing business as beauty of sight) is a non-profit organization that recovers, processes, and distributes ocular tissue for sight saving surgery, provides tissue and funding for ophthalmic research, and operates an ocular pathology laboratory. In addition, the organization processes autologous serum eye drops for patients requiring this therapy. During the fiscal year, Florida lions eye bank recovered tissue from 885 eye donors and distributed tissue for 1,037 surgeries. The organization provided 658 tissues for research or teaching purposes and processed 4,006 specimens in the ocular pathology laboratory. Finally, the organization prepared autologous serum eye drops for 1,888 patients throughout Florida.

Operating model

Revenue model
Earned-program. 89% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 96% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 85
  • Transparency & Controls: 93
  • Accountability: 100
  • Sustainability: 37
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 88.7%; rating input score 89
  • Fundraising efficiency: $0.01 raised per $1 spent on fundraising; rating input score 1; 1st percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 8 of 8 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -16.2%; rating input score 9; 9th percentile among comparable filings
  • Total-asset coverage ratio: 5.25; rating input score 84; 84th percentile among comparable filings
  • Liabilities to assets ratio: 0.05; rating input score 71; 71st percentile among comparable filings
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: 4.5% per year; rating input score 100; 36th percentile among comparable filings
  • Revenue growth: 3.2% per year; rating input score 100; 28th percentile among comparable filings
  • Asset growth: 3% per year; rating input score 100; 24th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 88.7% of spending went to programs
  • Governance: 16 of 16 board members independent · 8 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $3.8M in reported program spending
  • Leadership: top reported pay $115K · 17 people listed
  • Consistency: 27 of 27 current checks pass
  • Schedules: 5 filed schedules · includes grants
  • Filing history: 13 filing years from 2012 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 2 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Fundraising efficiency scored 1/100.
  • High — Sustainability: Operating margin scored 9/100.