Sight Org EIN 46-0643564

Sight Org FY2020 filing

EIN  46-0643564 Public charity (501(c)(3)) Tyler, TX
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Combats blindness in Africa through surgery and prevention to share the gospel.
Leadership
Lewis Swann · Executive Officer · $72K
Money in and out
$319K revenue, $283K expenses
Bottom line
68% program efficiency

Combats blindness in Africa through surgery and prevention to share the gospel. For fiscal year 2020 it reported $319K in revenue, $283K in expenses, and $128K in net assets.Pt I

Where the money goes · FY2020
Total revenue
$319K
Pt VIII · Ln 12
Total expenses
$283K
Pt IX · Ln 25
Net assets
$128K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $36K
Where spending went · Part IX cols B–D
Program services $0.68 Management & general $0.16 Fundraising $0.16
Program efficiency
68%
of spending reaches programs
Operating runway
2.9mo
months of highly liquid reserves at operating expense rate
Surplus margin
+11%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$319K
FY2020
Expenses
$283K
FY2020
Total assets
$150K
FY2020
Total liabilities
$22K
FY2020
Total revenue
$319K
Pt VIII · Ln 12
Total expenses
$283K
Pt IX · Ln 25
Net assets
$128K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$36K
Total assetsPt X · Ln 16$150K
Program-expense ratioPt IX · col B68%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 46
Mission & Programs · Part III

Where the work happens

3 program services account for $193K of program spending, described in the organization's own filed words · FY2020.
01

Even though Covid-19 prevented us from performing surgical campaigns for six months of 2020, the year ended with a record 565 sight-restoring surgeries. During the six months of lockdown, we focused on eye team infrastructure and introduced a new van and trailer.

$116Kprogram expense
02

Of all of our programs, our agriculture program was affected the least during the Covid 19 pandemic. We trained 19 students in modern organic agriculture - the highest number of any year. We also built up our infrastructure by completing our teams housing and the construction of a new road.

$58Kprogram expense
03

The Covid 19 lockdowns prevented us from performing surgeries for six months, but it did not prevent us from sharing the gospel. We added two new evangelists to the team and did outreach in many rural villages. Once the lockdowns were lifted, the ministry team traveled with the eye team to minister to those impacted by eye surgeries.

$19Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CSight Org
EINHdr · item D46-0643564
Principal addressHdr · item CTyler, TX
WebsiteHdr · item Jsight.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MTX
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFInternational (Q33)
Ruling yearIRS BMFOct 2012

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b6
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Officer
$71,593Pt VII · Sec A
Board President
$0Pt VII · Sec A
Board Treasurer
$0Pt VII · Sec A
Board Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Member
$0Pt VII · Sec A

Lewis Swann’s $65K as Executive Director is at the 60th percentile of top reported officer pay among 1637 $100K–1M international 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 · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Lewis Swann$65,165$66,540$66,177$60,975$71,593

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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Statement of Revenue

Part VIII
Contributions & grants100%$319K
Other revenue$20
— government grantsLn 1e$18K
Total revenueLn 12$319K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.68 Management & general $0.16 Fundraising $0.16
Program services68%$193K
Management & general16%$45K
Fundraising16%$45K
Total functional expensesLn 25$283K

Balance Sheet

Part X · end of year
CashLn 1$69K
Total assetsLn 16$150K
Total liabilitiesLn 26$22K
Total net assetsLn 32$128K
Months of cash on handcomputed2.9

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $69K · Operating expenses/yr $283K
2.9 months
Where the money goes
Program services
Program services $193K · Total expenses $283K
68%
Management & General
Management & general $45K · Total expenses $283K
16%
Fundraising
Fundraising $45K · Total expenses $283K
16%
Cost to raise $1
Fundraising expense $45K · Solicited contributions $301K
$0.15 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $319K · Total revenue $319K
100%
Government reliance
Government grants $18K · Total revenue $319K
6%
Earned-income share
Program service revenue $0 · Total revenue $319K
0%
Investment reliance
Investment income $0 · Total revenue $319K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $283K
0%
Growth & trend
Revenue growth (YoY)
This year $319K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $128K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $319K · Expenses $283K
+11%
Liabilities-to-Assets
Total liabilities — · Total assets $150K
Net-asset ratio
Net assets $128K · Total assets $150K
85%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $150K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Lewis Swann · Reported title Executive Officer · Highest reported compensation $72K · Total expenses $283K
25%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $105K · Total expenses $283K
37%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 68%
Overhead ratio 16%
Fundraising cost ratio 14%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 3 funders$66K
See all 3 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$634K revenue · ⤓ 990 PDF
FY2023$454K revenue · ⤓ 990 PDF
FY2022$402K revenue · ⤓ 990 PDF
FY2021$482K revenue · ⤓ 990 PDF
FY2020$319K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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