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Category: Diseases and Disease Research

Central Ohio Lions Eye Bank, Inc.

AKA COLEB

Columbus, OH

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Central Ohio Lions Eye Bank, Inc.

Also Known As:
COLEB
Physical Address:
Columbus, OH 43215 
EIN:
31-0849855
Web URL:
www.DonateMyEyes.org
Leadership:
Ms. Phyllis McNabb, Chief Executive

Legitimacy Information

  • This organization is registered with the IRS.
  • This organization is required to file an IRS Form 990 or 990-EZ.

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Forms 990 from IRS Additional Information IRS Form 990 is an annual document used by approximately one-third of all public charities to report information about their finances and operations to the federal government. GuideStar uses data from Form 990 to populate its database with financial information about nonprofit organizations. Posting Form 990 images on the GuideStar Web site is an ongoing process.

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Annual Revenue & Expenses Additional Information Financial information on GuideStar is either digitized from Form 990 images we receive from the IRS or submitted by the nonprofits themselves through the GuideStar Exchange (990 filers cannot override Form 990 financial data). If your organization does not file a Form 990, 990-EZ, or 990-PF and you would like to have your financial data displayed in this section, join the GuideStar Exchange today!

Fiscal Year Starting: July 1, 2009
Fiscal Year Ending: June 30, 2010
Revenue
Total Revenue $1,102,897
Expenses
Total Expenses $1,075,127

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Financial SCAN

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Key Financial SCAN Features

  • Financial Health Dashboard: Highlights key financial trends and ratios for a selected nonprofit organization over a period of up to five years.
  • Peer Comparison Dashboard: Compares the organization's financials with up to five peer nonprofits that you select.
  • Graphical Analysis: Provides multi-year graphs and an interpretive guide in a format ready to present to your clients.
  • Printable PDF Report: Provides a complete analysis of the organization for your records. The full report tells you what to look for and why it matters.
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Basic Organization Information

Central Ohio Lions Eye Bank, Inc.

Also Known As:
COLEB
Physical Address:
Columbus, OH 43215 
EIN:
31-0849855
Web URL:
www.DonateMyEyes.org 
NTEE Category:
E Health—General & Rehabilitative 
E65 Organ and Tissue Bank 
None 
Year Founded:
1973 
Ruling Year:
1974 
How This Organization Is Funded:
Corneal processing fee reimbursements
Charitable contributions

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Mission Statement

To restore, improve, and preserve sight by connecting eye donors and corneal transplant patients, educating physicians, and enhancing eye research through quality eye banking services.

Expert Reviews

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Impact Statement

Last year we facilitated sight-restoring cornea transplants and other eye surgeries for over 300 patients.  After five years of great success preparing corneas for specialized transplants, in 2011, we became the second eye bank in the nation to add two newer technologies, and are writing protocols for yet another.  Our Board conducted strategic planning and developed goals for outreach to, retention of, and collaboration with other organizations and individuals for the purposes of service improvement to our constituent physicians and patients.  We had very positive and supportive responses from the area hospitals and health systems with which we work, who recognize the impact the organization has on our own community.

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Financial SCAN

Financial SCAN

Key Financial SCAN Features

  • Financial Health Dashboard: Highlights key financial trends and ratios for a selected nonprofit organization over a period of up to five years.
  • Peer Comparison Dashboard: Compares the organization's financials with up to five peer nonprofits that you select.
  • Graphical Analysis: Provides multi-year graphs and an interpretive guide in a format ready to present to your clients.
  • Printable PDF Report: Provides a complete analysis of the organization for your records. The full report tells you what to look for and why it matters.
  • Advanced Search: Allows you to search by EIN (Employer Identification Number), organization name, city, state, revenue, expenses, and assets.


Revenue and Expenses

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Balance Sheet

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Financial SCAN

Financial SCAN

Key Financial SCAN Features

  • Financial Health Dashboard: Highlights key financial trends and ratios for a selected nonprofit organization over a period of up to five years.
  • Peer Comparison Dashboard: Compares the organization's financials with up to five peer nonprofits that you select.
  • Graphical Analysis: Provides multi-year graphs and an interpretive guide in a format ready to present to your clients.
  • Printable PDF Report: Provides a complete analysis of the organization for your records. The full report tells you what to look for and why it matters.
  • Advanced Search: Allows you to search by EIN (Employer Identification Number), organization name, city, state, revenue, expenses, and assets.


Forms 990 Provided by the Nonprofit

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Financial Statements

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Annual Reports

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Organizational Statistics

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Chief Executive

Ms. Phyllis McNabb

Term:

Since May 1989

Chief Executive Profile:

Ms. McNabb has over 20 years of experience as the director of the Central Ohio Lions Eye Bank. She has also been active in the Eye Bank Association of America, as a former member of its national Board of Directors and as former chairman of its Legislative and Regulatory Affairs Committee and its Membership Committee. She holds a Bachelor of Arts degree from The Ohio State University.

CEO/Executive Director Statement:

The Central Ohio Lions Eye Bank exists to serve our entire central and southeastern Ohio community.  We are currently the only fully-accredited, full-service eye bank in the state.  Thanks to our medical director and our quality assurance program, we have been a national leader in engaging advanced technologies for helping cornea surgeons deliver highly-specialized transplant opportunities to their patients. 

Board Chair

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Board of Directors

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Officers for Fiscal Year

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Highest Paid Employees & Their Compensation

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Program: Technical Services and Education

Budget:
$1,029,550
Category:
Health Care
Population Served:
Blind and Vision Impaired

Program Description:

Major programs are Technical and Educational. The Technical program includes the recovery of donor eyes, and the preparation, processing, evaluation, preservation, storage, and distribution of corneas for transplantation. The Educational program includes providing multiple educational formats for health care professionals, morticians, clergy, and the lay public regarding the need for donor eyes and procedures related to becoming an eye donor.

Program Long-Term Success:

Since our founding in 1973, the Central Ohio Lions Eye Bank has provided over 11,000 patients with the opportunity to have their vision restored through corneal transplantation.  We have provided many thousands of donor eyes for vision research and for advanced education in ophthalmology, helping to improve eye care and physician training.  Our long track record of quality has maintained our reputation among transplant surgeons who have relied on us for nearly 40 years to provide excellent transplant tissue for helping them surgically restore their patients' vision.

Program Short-Term Success:

During 2011, we were able to provide 380 patients with corneas and other eye tissues for sight-restoring transplant and graft surgeries.  During 2011, we also passed our US FDA inspection and received a 3-year recertification from the Eye Bank Association of America, the highest certification attainable.  We instituted another new technology for preparing specialized corneal transplant tissue, and began offering new options to glaucoma surgeons needing human eye tissue for surgical filtering procedures.  Our Technical Director and laboratory received special accolades from inspectors, underscoring the benefits of our emphasis on quality work.  We are in our second year of participation in a two-year NIH-funded eye research study, using a prototype technical device for measuring and photographing corneas.  The project will ultimately make it possible to easily detect previous refractive eye surgery in the eye donor population.

Program Success Monitored by:

The Central Ohio Lions Eye Bank's success is monitored through an extensive Quality Assurance program that examines all aspects of the technical operations, from processes to surgical outcomes.  Meeting and exceeding medical standards set by the Eye Bank Association of America and the US Food and Drug Administration is a continuous expectation that is borne out in a demonstrated track record of successful patient surgeries.

Program Success Examples:


Funding Needs

Our funding needs include technical equipment, such as a digital slit-lamp microscope ($29,000); an OCT for determining the thickness of a laboratory-prepared cornea ($49,000); a femtosecond laser (about $300,000) for scientifically advanced corneal preparation; and varying amounts ($1,000 +) for sponsorship of professional and public education activities and materials.


Volunteer Needs


Request for In-Kind Contributions

Printing services, advertising to encourage eye donations and make the public more aware of the need


News

June 01, 2011