Sight Org EIN 46-0643564

Sight Org FY2022 filing

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Combats blindness in Africa through surgery and prevention to share the gospel. For fiscal year 2022 it reported $402K in revenue, $412K in expenses, and $224K in net assets.Pt I

Type
Public charity (501(c)(3)) · International
Location
Tyler, TX
Website
sight.org
Filings
5 on file (2020–2022)
Revenue
$402KFY2022
Expenses
$412K
Net assets
$224K
People
5
Filings
5
Updates
0
More identity details & actions ⌄
EIN  46-0643564 Public charity (501(c)(3)) Tyler, TX
Form 990 (PDF)
You’re viewing the FY2022 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 Director · $66K
Money in and out
$402K revenue, $412K expenses
Bottom line
64% program efficiency
Where the money goes · FY2022
Total revenue
$402K
Pt VIII · Ln 12
Total expenses
$412K
Pt IX · Ln 25
Net assets
$224K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$10K
Where spending went · Part IX cols B–D
Program services $0.64 Management & general $0.20 Fundraising $0.16
Program efficiency
64%
of spending reaches programs
Operating runway
4.2mo
months of highly liquid reserves at operating expense rate
Surplus margin
-2%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$402K
FY2022▼ -16%
Expenses
$412K
FY2022▲ +9%
Total assets
$268K
FY2022▲ +4%
Total liabilities
$45K
FY2022▲ +87%
Total revenue
$402K
Pt VIII · Ln 12
Total expenses
$412K
Pt IX · Ln 25
Net assets
$224K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$10K
Total assetsPt X · Ln 16$268K
Program-expense ratioPt IX · col B64%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 44
Mission & Programs · Part III

Where the work happens

3 program services account for $262K of program spending, described in the organization's own filed words · FY2022.
01

In this year's fight against blindness, our medical team performed 1,616 sight-restoring eye surgeries in Togo. These surgeries included cataract removal that had developed to the point of blindness, pterygium, strabismus, and eye tumors, and the focused demographic included adults and children from rural regions of Togo without access…

$222Kprogram expense
02

Since our work began in 2012, eye surgeries have proven an excellent conduit for sharing the gospel. Togo and the neighboring nation, Benin, are the birthplaces of the voodoo religion. As a result of voodoo beliefs, many of our patients believe they are blind due to being cursed.

$26Kprogram expense
03

Our farming instructor trained four students this year in modern organic farming techniques and made preparations to increase the student body through the development of drip irrigation. This training teaches farmers to produce much more food and increase nutrition significantly. The root cause of most eye diseases is malnutrition.

$15Kprogram 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 1a5
Independent voting membersPt VI · Ln 1b4
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
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 Director
$66,177Pt VII · Sec A
Board Chair
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board 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%$402K
Investment income$746
Total revenueLn 12$402K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.64 Management & general $0.20 Fundraising $0.16
Program services64%$262K
Management & general20%$84K
Fundraising16%$66K
Total functional expensesLn 25$412K

Balance Sheet

Part X · end of year
CashLn 1$143K
Total assetsLn 16$268K
Total liabilitiesLn 26$45K
Total net assetsLn 32$224K
Months of cash on handcomputed4.2

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $143K · Operating expenses/yr $412K
4.2 months
Where the money goes
Program services
Program services $262K · Total expenses $412K
64%
Management & General
Management & general $84K · Total expenses $412K
20%
Fundraising
Fundraising $66K · Total expenses $412K
16%
Cost to raise $1
Fundraising expense (3-yr avg) $56K · Solicited contributions (3-yr avg) $389K
$0.15 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $402K · Total revenue $402K
100%
Government reliance
Government grants $0 · Total revenue $402K
0%
Earned-income share
Program service revenue $0 · Total revenue $402K
0%
Investment reliance
Investment income $746 · Total revenue $402K
+0.2%
Program self-sufficiency
Program service revenue $0 · Total expenses $412K
0%
Growth & trend
Revenue growth (YoY)
This year $402K · Prior year $482K
-16%
Net-asset trend (YoY)
End of year $224K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $402K · Expenses $412K
-2%
Liabilities-to-Assets
Total liabilities — · Total assets $268K
Net-asset ratio
Net assets $224K · Total assets $268K
83%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $268K
0%
People & payroll
Highest Reported Total Compensation
Individual Lewis Swann · Reported title Executive Director · Highest reported compensation $66K · Total expenses $412K
16%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $179K · Total expenses $412K
43%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 64%
Overhead ratio 20%
Fundraising cost ratio 16%
Revenue growth -16%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 8%
Fundraising 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 · viewing · ⤓ 990 PDF
FY2021$482K revenue · ⤓ 990 PDF
FY2020$319K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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