Rocky Mountain Lions Eye Bank

What it reported doing in 2024

Eye tissue recovery and transplantation: the primary mission of the eye bank is to fulfill the wishes of eye donors and their families to help another in need. Donated eye tissues are first placed with recipients on a local transplant waiting list. If a suitable recipient cannot be found locally, a search is conducted with other eye banks in the united states. If a suitable recipient still cannot be found, a search is conducted through international networks to find a recipient in other parts of the world. In this way, no transplantable cornea is ever wasted. Tissues that cannot be transplanted for medical reasons can often be placed in research programs.international surgery fund: this fund defrays costs associated with international tissue placement, such as increased shipping fees, additional testing and a lower cost reimbursement. Without this vital support, eye tissues unable to be placed with recipients in the united states would be destroyed. The fund also supports humanitarian missions of local transplant surgeons who donate their time and skills in developing countries. Addressing the worldwide need, the rocky mountain lions eye bank has helped establish eye banking practices and donation programs on every continent.eye surgery fund: established in 1983, the eye surgery fund assists patients without the financial means to cover medically necessary corneal surgery. Candidates enter the program through sponsorship from their local lions club. The rocky mountain lions eye bank reviews the application and may assist with a grant toward surgery costs. In addition, the eye bank works to negotiate waivers or fee reductions from surgeons and hospitals to match money awarded through the fund.

Financial Efficiency

• Mission deployment rate: 82.6%; rating input score 83
• Program expense ratio: 94.6%; rating input score 95
• Fundraising efficiency: $4.51 raised per $1 spent on fundraising; rating input score 15; 15th percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: 1 of 6 controls in place; rating input score 17
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Missing
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
• Governance controls: 7 of 8 controls in place; rating input score 88
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Fail
  • 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: 5.1%; rating input score 51; 51st percentile among comparable filings
• Total-asset coverage ratio: 3.01; rating input score 74; 74th percentile among comparable filings
• Liabilities to assets ratio: 0.02; rating input score 81; 81st percentile among comparable filings
• Officer compensation ratio: 6.2%; rating input score 46; 46th percentile among comparable filings

Growth

• Program expense growth: 3.4% per year; rating input score 100; 30th percentile among comparable filings
• Revenue growth: 3% per year; rating input score 100; 27th percentile among comparable filings
• Asset growth: 10.8% per year; rating input score 100; 62nd percentile among comparable filings