Eversight International FY2022 filing

Tax-deductible

Ann Arbor, MI501(c)(3)EIN 47-1671769Revenue $3.0M in FY2022

On file with the IRSeversightvision.org3985 Research Park Drive, 48108-2282 · Ann Arbor, MITax-exempt since Feb 2016Publicly supported charity — 170(b)(1)(A)(vi)

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Preserving and restoring sight on a global scale.

501(c)(3) charity; gifts are tax-deductible.
97¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2022 · 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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $412K a year · 14% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
97%
of spending
Looks good: 97% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
4 mo
of spending, in cash
Looks good: 3.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $6K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$13.9M
96% of total assets
Concern: liabilities are 96% of assets; over 80%.
Pt X · Ln 26
Independent board members
9
of 9 voting members
Looks good: 9 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$3.0M
+10% vs prior year
Spent
$2.7M
To programs
97%
Net assets
$541K
By yearFY2020–FY2024
Revenue
$3.0M
FY2022▲ +10%
Tap a bar for its year
Revenue by fiscal year
FY2020$2.0M
FY2021$2.7M
FY2022$3.0M
FY2023$3.5M
FY2024$3.5M
Expenses
$2.7M
FY2022▲ +15%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.9M
FY2021$2.3M
FY2022$2.7M
FY2023$3.0M
FY2024$2.8M
Net assets
$541K
FY2022▲ +17%
Tap a bar for its year
Net assets by fiscal year
FY2020$179K
FY2021$464K
FY2022$541K
FY2023$780K
FY2024$1.2M

From the FY2022 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Feb 2016.

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

Where the money goes

97 cents of each dollar spent went to programs.

Program services 97% · $2.6M Management & general 3% · $93K

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

11 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Eversight International executive salaries →

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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

Restores and preserves sight worldwide for people in need.

Questions for Eversight International

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Provided by the organization

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2 programs · $2.6M · in their own filed words · FY2022
01

Surgical tissue provision in 2022, supply chain disruptions and logistical difficulties did not stop eversight international from providing tissue or working with surgeons in 26 countries outside the united states and south korea to provide 1,912 tissues for transplantation, making possible the gift of sight for those in need.

$2.6Mprogram expense
02

Building sustainable solutions globally, an estimated 285 million people are visually impaired-many with treatable conditions, but without access to care. And 89 percent of vision-impaired people live in low- and middle- income countries.

$36Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$6K

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$3.0M
Ln 12
Fees for servicesLn 2g$3.0M
Investment incomeLn 3$523
Money outPt IX
$2.7M
Ln 25
Programscol B$2.6M
Managementcol C$93K
Owns and owesPt X
$541K
net assets · Ln 32
Cash and savingsLn 1–2$858K
Total assetsLn 16$14.4M
LiabilitiesLn 26$13.9M
PeoplePt VI, VII
11
listed · VII A
PaidVII A0
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$3.0M
Investment incomeLn 3$523
Total revenueLn 12$3.0M
Assets in detailPt X, end of year
CashLn 1$858K
Cash and savings togetherLn 1–2$858K
Land, buildings, equipmentLn 10c$11K
Other assetsLn 15$13.1M
Total assetsLn 16$14.4M
LiabilitiesLn 26$13.9M
Net assetsLn 32$541K
OperationsPt I, VI
EmployeesI 50
VolunteersI 610
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 FY22End FY22
Cash and savingsLn 1–2$660K$858K
Land, buildings, equipmentLn 10c$11K
Total assetsLn 16$13.6M$14.4M
LiabilitiesLn 26$13.1M$13.9M
Net assetsLn 32$464K$541K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other fees for servicesLn 11g$763K$678K$85K
Office expensesLn 13$15K$14K$582
OccupancyLn 16$20K$19K$787
TravelLn 17$37K$33K$3K
Conferences, conventions and meetingsLn 19$5K$4K$427
InsuranceLn 23$3K$2K$101
Other expenses (24a–d)Ln 24$1.8M$1.8M$3K
Total functional expensesLn 25$2.7M$2.6M$93K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $3.5M$2.8M$708K$1.2M 990 PDF
FY2023 $3.5M$3.0M$465K$780K 990 PDF
FY2022 Viewing $3.0M$2.7M$324K$541K 990 PDF
FY2021 $2.7M$2.3M$405K$464K 990 PDF
FY2020 $2.0M$1.9M$157K$179K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (6 parts)
Part I · Summary $3,012,879 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $32,972$0
I-9 Program service revenuePrior year $2,716,455$3,012,356
I-10 Investment incomePrior year $515$523
I-11 Other revenue$0
I-12 Total revenuePrior year $2,749,942$3,012,879
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $2,344,716$2,689,180
I-18 Total expensesPrior year $2,344,716$2,689,180
I-19 Revenue less expensesPrior year $405,226$323,699
Part VI · Governance 9 of 9 board members independent, no flags
VI-1a Voting members of the governing body9
VI-1b Independent voting members9
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 $3,012,879 across 3 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $3,012,356$3,012,356
VIII-3 Investment incomeExcluded from tax $523$523
VIII-12 Total revenueRelated to mission $3,012,356 · Excluded from tax $523$3,012,879
Part IX · Statement of functional expenses $2,689,180 across 7 lines filed
IX-11g Other fees for servicesPrograms $677,577 · Management $85,459$763,036
IX-13 Office expensesPrograms $13,954 · Management $582$14,536
IX-16 OccupancyPrograms $18,886 · Management $787$19,673
IX-17 TravelPrograms $33,322 · Management $3,271$36,593
IX-19 Conferences, conventions and meetingsPrograms $4,347 · Management $427$4,774
IX-23 InsurancePrograms $2,417 · Management $101$2,518
IX-24 Other expenses (24a–d)Programs $1,845,284 · Management $2,766$1,848,050
IX-25 Total functional expensesPrograms $2,595,787 · Management $93,393 · Fundraising $0$2,689,180
Part X · Balance sheet $14,405,543 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $660,162$857,886
X-4 Accounts receivableStart of year $390,173$421,126
X-9 Prepaid expenses and deferred chargesStart of year $833$1,250
X-10c Land, buildings and equipment, net$11,336
X-15 Other assetsStart of year $12,553,468$13,113,945
X-16 Total assetsStart of year $13,604,636$14,405,543
X-17 Accounts payable and accrued expensesStart of year $375,876$501,699
X-19 Deferred revenueStart of year $4,465$7,372
X-25 Other liabilitiesStart of year $12,760,646$13,355,363
X-26 Total liabilitiesStart of year $13,140,987$13,864,434
X-27 Net assets without donor restrictionsStart of year $443,649$541,109
X-32 Total net assets or fund balancesStart of year $463,649$541,109
X-33 Total liabilities and net assetsStart of year $13,604,636$14,405,543
Part XI · Reconciliation of net assets $541,109 net assets at year end
XI-1 Total revenue$3,012,879
XI-2 Total expenses$2,689,180
XI-3 Revenue less expenses$323,699
XI-4 Net assets at start of year$463,649
XI-9 Other changes in net assets−$246,239
XI-10 Net assets at end of year$541,109

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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