OneSight is a leading global nonprofit 501(c)(3)organization dedicated to creating a world where lack of access to vision care is no longer a barrier to human achievement and potential. From one-day charitable clinics, serving those with acute need, to long-term self-sustaining access points. OneSight delivers quality eye exams and glasses to underserved populations throughout the United States and communities around the world. Over the past 30 years, the organization has served over 10 million patients in more than 50 countries.

501(c)(3) charity; gifts are tax-deductible.
93¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 6
filings with a surplus
Average deficit $1.3M a year · 11% of revenue · last 6 filings
Concern: a surplus in 1 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
93%
of spending
Looks good: 93% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
<1 mo
of spending, in cash
Plus $17.4M in investments, Pt X · Ln 11–13
Fine: 0.6 months of spending in cash, plus $17.4M in investments.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
4
named funders · $72K
Looks good: 4 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$518K
3% of total assets
Looks good: liabilities are 3% of assets; 50% or less.
Pt X · Ln 26
Independent board members
2
of 3 voting members
Looks good: 2 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$9.0M
+8% vs prior year
Spent
$11.6M
To programs
93%
Net assets
$19.2M
By yearFY2020–FY2025
Revenue
$9.0M
FY2024▲ +8%
Tap a bar for its year
Revenue by fiscal year
FY2020$14.8M
FY2021$15.9M
FY2022$10.0M
FY2023$8.4M
FY2024$9.0M
FY2025$11.8M
Expenses
$11.6M
FY2024▲ +10%
Tap a bar for its year
Expenses by fiscal year
FY2020$15.1M
FY2021$17.3M
FY2022$13.3M
FY2023$10.6M
FY2024$11.6M
FY2025$9.5M
Net assets
$19.2M
FY2024▼ -8%
Tap a bar for its year
Net assets by fiscal year
FY2020$25.8M
FY2021$24.5M
FY2022$21.3M
FY2023$20.9M
FY2024$19.2M
FY2025$22.1M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Nov 1993.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

93 cents of each dollar spent went to programs.

Program services 93% · $10.8M Management & general 1% · $117K Fundraising 6% · $743K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

7 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Secretary- Exited Feb 24
$0Pt VII · Sec A
VP, Ed and Counsel
$0Pt VII · Sec A
Treasurer - Exited Feb 24
$0Pt VII · Sec A
CFO/Treasurer-Start 2/24
$0Pt VII · Sec A
Secretary- Started Feb 24
$0Pt VII · Sec A

Katherine Overbey’s $535K as Executive Director is at the 96th percentile of top reported officer pay among 3123 $10–100M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2022FY2021FY2020
Katherine Overbey$535,040$276,669$409,442
Laurie Gerversman$73,044$255,042$301,724
Shawnta Buckner——$264,311
Tracey Drzich$142,934$167,612$239,780
Mike Smith——$203,951
Michelle Schumm—$190,971—
Jeff Wallace—$157,496—
Scott Wygant$103,825$126,564$139,666

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Delivering affordable eyeglasses and eye exams to people in need globally.

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Provided by the organization

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3 programs · $9.8M · in their own filed words · FY2024
01

Sustainable Programs

In addition to conducting temporary clinics, OneSight provides grants to enable like-minded partners to build permanent infrastructure and develop sustainable vision care solutions that will provide on-going access to affordable, high quality vision care to unserved or underserved communities around the world.

$8.0Mprogram expense
02

Other Charitable Programs

OneSight partners with other like-minded organizations to provide donations of Inventory including Frames, Readers, Lenses, Completed Eyewear and Sunglasses to be used in charitable vision clinics held by partner organizations.

$886Kprogram expense
03

Vision Clinics

each year OneSight volunteers hand-deliver free vision care and eyewear to thousands of adults and children. OneSight works closely with local governments, health care officials and independent doctors of Optometry & Ophthalmology to ensure each clinic runs smoothly and local recipients receive the best possible care.

$880Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 4 funders →
Grants paid · 5 grants · $23.7M · 2020–2025

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$9.0M
Ln 12
Gifts and grantsLn 1h$8.5M
Investment incomeLn 3$578K
Money outPt IX
$11.6M
Ln 25
Programscol B$10.8M
Managementcol C$117K
Fundraisingcol D$743K
Owns and owesPt X
$19.2M
net assets · Ln 32
Cash and savingsLn 1–2$630K
Total assetsLn 16$19.7M
LiabilitiesLn 26$518K
PeoplePt VI, VII
7
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b2
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$8.5M
Government grantsLn 1e$21K
Noncash giftsLn 1g$518K
Investment incomeLn 3$578K
Gains on assetsLn 7−$48K
Total revenueLn 12$9.0M
Assets in detailPt X, end of year
CashLn 1$630K
Cash and savings togetherLn 1–2$630K
InvestmentsLn 11–13$17.4M
Land, buildings, equipmentLn 10c$567K
Other assetsLn 15$0
Total assetsLn 16$19.7M
LiabilitiesLn 26$518K
Net assetsLn 32$19.2M
OperationsPt I, VI
EmployeesI 50
VolunteersI 67,396
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$989K$630K
InvestmentsLn 11–13$17.6M$17.4M
Land, buildings, equipmentLn 10c$345K$567K
Total assetsLn 16$21.7M$19.7M
LiabilitiesLn 26$836K$518K
Net assetsLn 32$20.9M$19.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$8.5M$8.5M
Grants and assistance to foreign recipientsLn 3$50K$50K
Accounting feesLn 11c$42K$42K
Professional fundraising feesLn 11e$136K$136K
Investment management feesLn 11f$53K$53K
Other fees for servicesLn 11g$7K$7K
Advertising and promotionLn 12$14K$14K
Office expensesLn 13$48K$23K$2K$23K
Information technologyLn 14$1K$1K
TravelLn 17$7K$6K$446
Conferences, conventions and meetingsLn 19$2K$354$153$2K
Depreciation, depletion and amortizationLn 22$193K$193K$129
Other expenses (24a–d)Ln 24$2.6M$2.0M$20K$562K
Total functional expensesLn 25$11.6M$10.8M$117K$743K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $11.8M$9.5M$2.3M$22.1M 990 PDF
FY2024 Viewing $9.0M$11.6M−$2.6M$19.2M 990 PDF
FY2023 $8.4M$10.6M−$2.2M$20.9M 990 PDF
FY2022 $10.0M$13.3M−$3.3M$21.3M 990 PDF
FY2021 $15.9M$17.3M−$1.3M$24.5M 990 PDF
FY2020 $14.8M$15.1M−$260K$25.8M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support F · Foreign M · Noncash O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $9,029,197 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $8,322,373$8,451,082
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $55,369$578,115
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $8,377,742$9,029,197
I-13 Grants and similar amounts paidPrior year $6,524,677$8,571,394
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $13,384$0
I-16a Professional fundraising feesPrior year $61,760$135,860
I-17 Other expensesPrior year $4,005,493$2,921,763
I-18 Total expensesPrior year $10,605,314$11,629,017
I-19 Revenue less expensesPrior year −$2,227,572−$2,599,820
Part VI · Governance 2 of 3 board members independent, no flags
VI-1a Voting members of the governing body3
VI-1b Independent voting members2
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $9,029,197 across 7 lines filed
VIII-1e Government grants$20,560
VIII-1f All other contributions, gifts and grants$8,430,522
VIII-1g Noncash contributions (included above)$518,450
VIII-1h Total contributions, gifts and grants$8,451,082
VIII-3 Investment incomeExcluded from tax $626,357$626,357
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$48,242−$48,242
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $578,115$9,029,197
Part IX · Statement of functional expenses $11,629,017 across 13 lines filed
IX-1 Grants to domestic organizationsPrograms $8,521,735$8,521,735
IX-3 Grants and assistance to foreign recipientsPrograms $49,659$49,659
IX-11c Accounting feesManagement $41,748$41,748
IX-11e Professional fundraising feesFundraising $135,860$135,860
IX-11f Investment management feesManagement $52,651$52,651
IX-11g Other fees for servicesFundraising $7,036$7,036
IX-12 Advertising and promotionFundraising $13,925$13,925
IX-13 Office expensesPrograms $23,322 · Management $1,556 · Fundraising $23,050$47,928
IX-14 Information technologyPrograms $1,293$1,293
IX-17 TravelPrograms $6,428 · Management $446$6,874
IX-19 Conferences, conventions and meetingsPrograms $354 · Management $153 · Fundraising $1,500$2,007
IX-22 Depreciation, depletion and amortizationPrograms $193,104 · Management $129$193,233
IX-24 Other expenses (24a–d)Programs $1,972,994 · Management $20,455 · Fundraising $561,619$2,555,068
IX-25 Total functional expensesPrograms $10,768,889 · Management $117,138 · Fundraising $742,990$11,629,017
Part X · Balance sheet $19,720,278 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $988,966$629,641
X-3 Pledges and grants receivableStart of year $1,391,903$1,006,601
X-8 Inventories for sale or useStart of year $966,991$75,965
X-9 Prepaid expenses and deferred chargesStart of year $23,527$0
X-10c Land, buildings and equipment, netStart of year $344,704$567,042
X-11 Publicly traded securitiesStart of year $17,616,957$17,441,029
X-15 Other assetsStart of year $415,570$0
X-16 Total assetsStart of year $21,748,618$19,720,278
X-17 Accounts payable and accrued expensesStart of year $836,089$517,862
X-26 Total liabilitiesStart of year $836,089$517,862
X-27 Net assets without donor restrictionsStart of year $20,704,029$19,139,916
X-28 Net assets with donor restrictionsStart of year $208,500$62,500
X-32 Total net assets or fund balancesStart of year $20,912,529$19,202,416
X-33 Total liabilities and net assetsStart of year $21,748,618$19,720,278
Part XI · Reconciliation of net assets $19,202,416 net assets at year end
XI-1 Total revenue$9,029,197
XI-2 Total expenses$11,629,017
XI-3 Revenue less expenses−$2,599,820
XI-4 Net assets at start of year$20,912,529
XI-5 Net unrealized gains (losses) on investments$889,707
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$19,202,416

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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