Eyelliance INC

Tax-deductible

New York, NY501(c)(3)Health CareEIN 84-2711222

EYElliance accelerates equitable access to eyeglasses for one billion people. EYElliance works to create a world where children and adults can obtain high-quality eyeglasses where they live and learn.

501(c)(3) charity; gifts are tax-deductible.
70¢ of each $1 spent went to programs.
Run by 3 volunteers and 5 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

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
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
3 of 5
filings with a surplus
Average surplus $209K a year · 12% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
70%
of spending
Fine: 70% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$620K
to officers and key staff · 30% of spending
Top officer’s pay higher than 97% of similar orgs
Worth a look: pay to officers and key staff is 30% of spending; over 20%.
Pt VII · Sec A
Cash reserves
6 mo
of spending, in cash
Looks good: 6.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
13
named funders · $766K
Looks good: 13 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$68K
6% of total assets
Looks good: liabilities are 6% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 6 voting members
Looks good: 5 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$626K
-41% vs prior year
Spent
$2.1M
To programs
70%
Net assets
$1.0M
By yearFY2020–FY2024
Revenue
$626K
FY2024▼ -41%
Revenue by fiscal year
FY2020$1.9M
FY2021$1.4M
FY2022$4.1M
FY2023$1.1M
FY2024$626K
Expenses
$2.1M
FY2024-0.4%
Expenses by fiscal year
FY2020$767K
FY2021$1.2M
FY2022$1.9M
FY2023$2.1M
FY2024$2.1M
Net assets
$1.0M
FY2024▼ -58%
Net assets by fiscal year
FY2020$1.1M
FY2021$1.3M
FY2022$3.5M
FY2023$2.5M
FY2024$1.0M

From the FY2024 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 2020.

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

Where the money goes

70 cents of each dollar spent went to programs.

Program services 70% · $1.4M Management & general 16% · $329K Fundraising 14% · $290K

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

Who runs it and what they're paid

10 people listed on the 990; $620K paid to officers and key staff.

Part VII, Section A · reportable compensation
Co-Founder/CEO
$188,800Pt VII · Sec A
Chief Operating Officer
$155,000Pt VII · Sec A
Global Director
$136,506Pt VII · Sec A
Asso.director Grants & Adm.
$109,583Pt VII · Sec A
$30,000Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Elizabeth Smith’s $189K as Co-Founder/CEO is at the 97th percentile of top reported officer pay among 1980 $100K–1M health care 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

NameFY2024FY2023FY2022FY2021FY2020
Elizabeth Smith$188,800$179,289$162,673——
Elizabeth Smith———$159,501$76,917
Maggie Savage$155,000—$123,560——
Maggie Dawson—$149,951———
Abigail McDaniel$136,506$138,347$111,826——
Abigail McDaniel———$131,051—
Mariah Boyle$109,583————
Maggie Savage———$105,833—

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

Ensures one billion people get affordable, quality eyeglasses where they live and learn.

Provided by the organization

This section is blank until Eyelliance INC claims this page.

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3 program services account for $1.4M of program spending, described in the organization's own filed words · FY2024.
01

Gov delivery (including CHW + she)enabling governments to efficiently integrate eyeglasses into public health and education systems by systematizing proven models of delivery.

$832Kprogram expense
02

Sustainable financeinfluencing and increasing new financing within the public and private sectors.

$413Kprogram expense
03

Catalytic partnershipsgrowing the ecosystem of champions that join in the solution and accelerate global scale.

$121Kprogram expense

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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 13 funders →
Grants paid · 4 grants · $510K · 2020–2024

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$626K
Ln 12
Gifts and grantsLn 1h$623K
Other incomeLn 4–11$3K
Investment incomeLn 3$537
Money outPt IX
$2.1M
Ln 25
Programscol B$1.4M
Managementcol C$329K
Fundraisingcol D$290K
Owns and owesPt X
$1.0M
net assets · Ln 32
Cash and savingsLn 1–2$1.1M
Total assetsLn 16$1.1M
LiabilitiesLn 26$68K
PeoplePt VI, VII
10
listed · VII A
PaidVII A5
Voting boardVI 1a6
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$623K
Investment incomeLn 3$537
Other incomeLn 4–11$3K
Gains on assetsLn 7$537
Total revenueLn 12$626K
Assets in detailPt X, end of year
CashLn 1$1.1M
Cash and savings togetherLn 1–2$1.1M
Total assetsLn 16$1.1M
LiabilitiesLn 26$68K
Net assetsLn 32$1.0M
OperationsPt I, VI
EmployeesI 55
VolunteersI 63
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$1.3M$1.1M
Total assetsLn 16$2.5M$1.1M
LiabilitiesLn 26$45K$68K
Net assetsLn 32$2.5M$1.0M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$230K$230K
Grants and assistance to foreign recipientsLn 3$42K$42K
Pay of current officers, directors and key staffLn 5$443K$277K$45K$121K
Other salaries and wagesLn 7$560K$410K$40K$111K
Pension plan contributionsLn 8$7K$3K$2K$1K
Other employee benefitsLn 9$44K$34K$8K$2K
Payroll taxesLn 10$78K$56K$8K$14K
Legal feesLn 11b$494$494
Accounting feesLn 11c$74K$74K
Other fees for servicesLn 11g$177K$150K$9K$18K
Office expensesLn 13$12K$3K$10K
OccupancyLn 16$79K$59K$6K$14K
TravelLn 17$96K$59K$31K$6K
Conferences, conventions and meetingsLn 19$127K$74K$53K
InsuranceLn 23$10K$8K$707$2K
Other expenses (24a–d)Ln 24$73K$30K$43K$536
All other expensesLn 24e$505$490$5$10
Total functional expensesLn 25$2.1M$1.4M$329K$290K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $626K$2.1M−$1.4M$1.0M 990 PDF
FY2023 $1.1M$2.1M−$1.0M$2.5M 990 PDF
FY2022 $4.1M$1.9M$2.2M$3.5M 990 PDF
FY2021 $1.4M$1.2M$222K$1.3M 990 PDF
FY2020 $1.9M$767K$1.1M$1.1M 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 FY2024 990 (4 parts)
Part VIII · Statement of revenue $626,307 across 5 lines filed
VIII-1f All other contributions, gifts and grants$622,554
VIII-1h Total contributions, gifts and grants$622,554
VIII-7 Net gain or loss on sales of assetsExcluded from tax $537$537
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $3,216$3,216
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $3,753$626,307
Part IX · Statement of functional expenses $2,053,164 across 17 lines filed
IX-1 Grants to domestic organizationsPrograms $230,000$230,000
IX-3 Grants and assistance to foreign recipientsPrograms $42,350$42,350
IX-5 Pay of current officers, directors and key staffPrograms $277,391 · Management $44,922 · Fundraising $120,597$442,910
IX-7 Other salaries and wagesPrograms $409,592 · Management $39,766 · Fundraising $110,691$560,049
IX-8 Pension plan contributionsPrograms $3,257 · Management $2,080 · Fundraising $1,177$6,514
IX-9 Other employee benefitsPrograms $33,772 · Management $7,945 · Fundraising $2,412$44,129
IX-10 Payroll taxesPrograms $55,758 · Management $8,109 · Fundraising $14,402$78,269
IX-11b Legal feesManagement $494$494
IX-11c Accounting feesManagement $73,840$73,840
IX-11g Other fees for servicesPrograms $149,601 · Management $9,339 · Fundraising $17,607$176,547
IX-13 Office expensesPrograms $2,874 · Management $9,560$12,434
IX-16 OccupancyPrograms $59,066 · Management $5,513 · Fundraising $14,176$78,755
IX-17 TravelPrograms $58,743 · Management $30,626 · Fundraising $6,488$95,857
IX-19 Conferences, conventions and meetingsPrograms $73,844 · Management $53,187$127,031
IX-23 InsurancePrograms $7,579 · Management $707 · Fundraising $1,819$10,105
IX-24 Other expenses (24a–d)Programs $30,277 · Management $42,562 · Fundraising $536$73,375
IX-24e All other expensesPrograms $490 · Management $5 · Fundraising $10$505
IX-25 Total functional expensesPrograms $1,434,594 · Management $328,655 · Fundraising $289,915$2,053,164
Part X · Balance sheet $1,112,743 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $1,339,712$1,069,725
X-9 Prepaid expenses and deferred chargesStart of year $43,018$43,018
X-16 Total assetsStart of year $2,516,125$1,112,743
X-17 Accounts payable and accrued expensesStart of year $44,525$68,000
X-26 Total liabilitiesStart of year $44,525$68,000
X-27 Net assets without donor restrictionsStart of year $1,496,432$1,044,743
X-28 Net assets with donor restrictionsStart of year $975,168$0
X-32 Total net assets or fund balancesStart of year $2,471,600$1,044,743
X-33 Total liabilities and net assetsStart of year $2,516,125$1,112,743
Part XI · Reconciliation of net assets $1,044,743 net assets at year end
XI-1 Total revenue$626,307
XI-2 Total expenses$2,053,164
XI-3 Revenue less expenses−$1,426,857
XI-4 Net assets at start of year$2,471,600
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,044,743

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

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