Eversight International FY2023 filing

Tax-deductible

Ann Arbor, MI501(c)(3)EIN 47-1671769Revenue $3.5M in FY2023

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.
96¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2023 · 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
96%
of spending
Looks good: 96% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
4 mo
of spending, in cash
Looks good: 4.4 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
$14.7M
95% of total assets
Concern: liabilities are 95% 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
$3.5M
+15% vs prior year
Spent
$3.0M
To programs
96%
Net assets
$780K
By yearFY2020–FY2024
Revenue
$3.5M
FY2023▲ +15%
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
$3.0M
FY2023▲ +12%
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
$780K
FY2023▲ +44%
Tap a bar for its year
Net assets by fiscal year
FY2020$179K
FY2021$464K
FY2022$541K
FY2023$780K
FY2024$1.2M

From the FY2023 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2023 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

96 cents of each dollar spent went to programs.

Program services 96% · $2.9M Management & general 4% · $114K

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
$0Pt VII · Sec A
Director
$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 · $2.9M · in their own filed words · FY2023
01

Surgical tissue provision eversight international works to eliminate corneal blindness worldwide through eye bank development, clinical training and tissue provision. With more than 75 years of eye banking expertise, we deliver both short- and long-term solutions to transform the lives of more than 12 million people suffering from…

$2.9Mprogram expense
02

Clinical training & education in many parts of the world, corneal transplantation is limited by a lack of foundational and advanced clinical training. Eversight is a leading organization in providing training to cornea specialist physicians and healthcare professionals in regions most affected by preventable blindness.

$38Kprogram 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 FY2023 990, line by line.

1The main four
Money inPt VIII
$3.5M
Ln 12
Fees for servicesLn 2g$3.5M
Investment incomeLn 3$667
Money outPt IX
$3.0M
Ln 25
Programscol B$2.9M
Managementcol C$114K
Owns and owesPt X
$780K
net assets · Ln 32
Cash and savingsLn 1–2$1.1M
Total assetsLn 16$15.5M
LiabilitiesLn 26$14.7M
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$3.5M
Investment incomeLn 3$667
Total revenueLn 12$3.5M
Assets in detailPt X, end of year
CashLn 1$1.1M
Cash and savings togetherLn 1–2$1.1M
Other assetsLn 15$14.0M
Total assetsLn 16$15.5M
LiabilitiesLn 26$14.7M
Net assetsLn 32$780K
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 FY23End FY23
Cash and savingsLn 1–2$858K$1.1M
Total assetsLn 16$14.4M$15.5M
LiabilitiesLn 26$13.9M$14.7M
Net assetsLn 32$541K$780K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$273K$205K$68K
Other salaries and wagesLn 7$484K$484K
Legal feesLn 11b$3K$3K
Other fees for servicesLn 11g$19K$19K
Office expensesLn 13$2K$2K$83
OccupancyLn 16$19K$18K$1K
TravelLn 17$46K$42K$4K
Conferences, conventions and meetingsLn 19$5K$4K$620
InsuranceLn 23$4K$3K$146
Other expenses (24a–d)Ln 24$2.2M$2.1M$17K
All other expensesLn 24e$7K$7K$3
Total functional expensesLn 25$3.0M$2.9M$114K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $3.5M$2.8M$708K$1.2M 990 PDF
FY2023 Viewing $3.5M$3.0M$465K$780K 990 PDF
FY2022 $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 FY2023 990 (6 parts)
Part I · Summary $3,478,435 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenuePrior year $3,012,356$3,477,768
I-10 Investment incomePrior year $523$667
I-11 Other revenue$0
I-12 Total revenuePrior year $3,012,879$3,478,435
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$756,555
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $2,689,180$2,256,593
I-18 Total expensesPrior year $2,689,180$3,013,148
I-19 Revenue less expensesPrior year $323,699$465,287
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 $3,478,435 across 3 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $3,477,768$3,477,768
VIII-3 Investment incomeExcluded from tax $667$667
VIII-12 Total revenueRelated to mission $3,477,768 · Excluded from tax $667$3,478,435
Part IX · Statement of functional expenses $3,013,148 across 11 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $204,910 · Management $67,841$272,751
IX-7 Other salaries and wagesPrograms $483,804$483,804
IX-11b Legal feesManagement $3,287$3,287
IX-11g Other fees for servicesManagement $19,126$19,126
IX-13 Office expensesPrograms $2,006 · Management $83$2,089
IX-16 OccupancyPrograms $18,413 · Management $1,061$19,474
IX-17 TravelPrograms $41,999 · Management $4,122$46,121
IX-19 Conferences, conventions and meetingsPrograms $4,334 · Management $620$4,954
IX-23 InsurancePrograms $3,497 · Management $146$3,643
IX-24 Other expenses (24a–d)Programs $2,134,009 · Management $17,330$2,151,339
IX-24e All other expensesPrograms $6,557 · Management $3$6,560
IX-25 Total functional expensesPrograms $2,899,529 · Management $113,619 · Fundraising $0$3,013,148
Part X · Balance sheet $15,472,083 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $857,886$1,094,818
X-4 Accounts receivableStart of year $421,126$410,230
X-9 Prepaid expenses and deferred chargesStart of year $1,250$2,000
X-15 Other assetsStart of year $13,113,945$13,965,035
X-16 Total assetsStart of year $14,405,543$15,472,083
X-17 Accounts payable and accrued expensesStart of year $501,699$623,492
X-19 Deferred revenueStart of year $7,372$8,696
X-25 Other liabilitiesStart of year $13,355,363$14,060,063
X-26 Total liabilitiesStart of year $13,864,434$14,692,251
X-27 Net assets without donor restrictionsStart of year $541,109$779,832
X-32 Total net assets or fund balancesStart of year $541,109$779,832
X-33 Total liabilities and net assetsStart of year $14,405,543$15,472,083
Part XI · Reconciliation of net assets $779,832 net assets at year end
XI-1 Total revenue$3,478,435
XI-2 Total expenses$3,013,148
XI-3 Revenue less expenses$465,287
XI-4 Net assets at start of year$541,109
XI-9 Other changes in net assets−$226,564
XI-10 Net assets at end of year$779,832

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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