Rocky Mountain Lions Eye Institute Foundation Inc

Nonprofit profile at a glance

EIN
841175953
IRS 990 coverage
2019–2024
Forms available
Form 990 2024
Location
Aurora, CO, USA
Phone
7208485010
Rating
65
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Eye Diseases, Blindness and Vision Impairments

Official website

Reported finances

Revenue
$37,407
Expenses
$23,237
Assets
$214,353
Liabilities
$0

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

Leadership & pay

14 people listed

Executive titles in this filing

  • John Harper (President)

People named in this filing

  • David Orr (WY Dist. 15 Trustee and Secretary)
  • Wayne Wells (CO Dist. 6W Trustee and CO VP)
  • Ted Peterson (CO Dist. 6C Trustee)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

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

Overview

Mission

Facilitate access to specialized eye and vision care for the financially needy in Wyoming and Colorado when such care is not available locally; Support the Rocky Mountain Lions Eye Institute's (RMLEI's) needs for new equipment and capital improvements; Provide financial assistance to needy patients seen by UCHealth's Low Vision program at RMLEI by paying for the refraction and/or magnification portion of their low vision exams, a cost not typically covered by Medicare, Medicaid, or private insurance.

What it reported doing in 2024

Provided $5550 for refraction and/or magnification evaluations for 88 needy low-vision patients. Provided $1575 for travel, accommodations, and meals for 3 needy patients who were receiving eye care. Contributed $1000 to Lions Foundations in Wyoming and Colorado. Continued accumulating funds in order to make a future $50,000 grant to the Rocky Mountain Lions Eye Institute to outfit the Institute's fifth floor.

Operating model

Revenue model
Donor-supported. 79% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 40
  • Transparency & Controls: 89
  • Accountability: 82
  • Sustainability: 72
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 39.6%; rating input score 40
  • Program expense ratio: 35%; rating input score 35
  • Fundraising efficiency: $11.95 raised per $1 spent on fundraising; rating input score 57; 57th 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: 87.7%; rating input score 88; 53rd percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 4 of 7 controls in place; rating input score 57
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 37.9%; rating input score 83; 83rd percentile among comparable filings
  • Total-asset coverage ratio: 9.22; rating input score 62; 62nd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings

Growth

  • Program expense growth: 20% per year; rating input score 100; 85th percentile among comparable filings
  • Revenue growth: -20.3% per year; rating input score 0; 19th percentile among comparable filings
  • Asset growth: -7.7% per year; rating input score 0; 16th percentile among comparable filings

Details

  • Where the money goes: 39.6% of revenue deployed · 35% of spending went to programs
  • Governance: 11 of 11 board members independent · 4 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $8K in reported program spending
  • Leadership: top reported pay $0 · 14 people listed
  • Consistency: 35 of 35 current checks pass
  • Schedules: 3 filed schedules · includes grants
  • Filing history: 5 filing years from 2019 to 2024
  • Contacts: How to reach this organization
  • 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 40/100.
  • Moderate — Financial Efficiency: Program expense ratio scored 35/100.
  • Review — Accountability: Governance controls: 2 of 6 not reported.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Financial Efficiency: Fundraising efficiency scored 57/100.
  • High — Growth: Asset growth scored 0/100.