Lone Star Lions Eye Bank

Nonprofit profile at a glance

EIN
237444465
IRS 990 coverage
2009–2020
Forms available
Form 990 2020
Location
Manor, TX, USA
Phone
5124570638
Rating
83
Verdict
STRONG
Rating confidence
Moderate

Reported finances

Revenue
$105,999
Expenses
$478,633
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

22 people listed

Executive titles in this filing

  • DANIEL MERCADO (EXECUTIVE DIRECTOR)
  • AL HEDTKE (PRESIDENT, DIRECTOR)
  • NELIA BARRERA (2ND VICE PRESIDENT, DIRECTOR)
  • KAREN WALKER RATCLIFFE (IMMEDIATE PAST PRESIDENT, DIRECTOR)
  • JANICE TOOKE (1ST VICE PRESIDENT, DIRECTOR)

Highest reported compensation

  • DANIEL MERCADO (EXECUTIVE DIRECTOR): $73,790 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Provide nbsp; occular nbsp; tissue nbsp; for nbsp; transplantation nbsp; research nbsp; and nbsp; education nbsp; and nbsp; provide nbsp; educational nbsp; programs nbsp; for nbsp; the nbsp; medical nbsp; community nbsp; and nbsp; the nbsp; general nbsp; public

What it reported doing in 2020

Unable to recover tissue and corneal transplants were considered elective surgeries. Sold eye bank to another non-profit eye bank on 8/3/20

Operating model

Revenue model
Earned-program. 91% of the money available for current operations came from fees and other program revenue.
Distribution model
Hybrid. The nonprofit split its reported program spending across 66% for direct work, and 34% for grants.

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: 88
  • Transparency & Controls: 100
  • Accountability: 90
  • Sustainability: 4
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 96.2%; rating input score 96
  • Fundraising efficiency: $0.57 raised per $1 spent on fundraising; rating input score 3; 3rd 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: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 6 of 8 controls in place; rating input score 75
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • 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: Fail

Sustainability

  • Operating margin: -351.5%; rating input score 0; 0th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 15.4%; rating input score 29; 29th percentile among comparable filings

Growth

  • Program expense growth: -10.5% per year; rating input score 0; 17th percentile among comparable filings
  • Revenue growth: -6.3% per year; rating input score 0; 15th percentile among comparable filings
  • Asset growth: -5.8% per year; rating input score 0; 10th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 96.2% of spending went to programs
  • Governance: 22 of 22 board members independent · 6 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $305K in reported program spending
  • Leadership: top reported pay $74K · 22 people listed
  • Consistency: 21 of 21 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 11 filing years from 2009 to 2020
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Financial Efficiency: Fundraising efficiency scored 3/100.
  • High — Sustainability: Operating margin scored 0/100.
  • Review — Accountability: Governance controls: 2 of 8 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 1/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 29/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.