Civic Intelligence

Tarrant Eye Resources Inc.

990 • Fiscal year 2019 • EIN 20-1637097

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 17, 2020

1125 S JenningsFort Worth, TX 76104

(817) 334-7900

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

49th percentile

0.07x

Higher debt load relative to assets than 49% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

51st percentile

0.09x

Higher debt load relative to revenue than 51% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

22nd percentile

-8.5%

Higher net margin than 22% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

36th percentile

$0

Higher top officer pay than 36% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

33rd percentile

-1.4%

Faster asset growth than 33% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

13th percentile

-23%

Faster revenue growth than 13% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Down

$1,969,181

Down $28,341 (-1.4%) from 2018

Net Assets

Down

$1,825,003

Down $110,953 (-5.7%) from 2018

Liabilities

Up

$144,178

Up $82,612 (+134%) from 2018

Revenue

Down

$1,559,968

Down $474,573 (-23%) from 2018

Expenses

Up

$1,693,202

Up $287,173 (+20%) from 2018

Net Income

Down

-$133,234

Down $761,746 (-121%) from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$2.0M$1.5M$1.0M$500K$0Assets 2010: $175,603Liabilities 2010: $44,521Net Assets 2010: $131,0822010Assets 2011: $169,408Liabilities 2011: $57,465Net Assets 2011: $111,9432011Assets 2012: $139,929Liabilities 2012: $28,167Net Assets 2012: $111,7622012Assets 2013: $111,183Liabilities 2013: $46,497Net Assets 2013: $64,6862013Assets 2014: $159,944Liabilities 2014: $87,023Net Assets 2014: $72,9212014Assets 2015: $507,225Liabilities 2015: $141,773Net Assets 2015: $365,4522015Assets 2016: $898,163Liabilities 2016: $112,749Net Assets 2016: $785,4142016Assets 2017: $1,551,857Liabilities 2017: $224,735Net Assets 2017: $1,327,1222017Assets 2018: $1,997,522Liabilities 2018: $61,566Net Assets 2018: $1,935,9562018Assets 2019: $1,969,181Liabilities 2019: $144,178Net Assets 2019: $1,825,0032019Assets 2020: $1,528,823Liabilities 2020: $261,498Net Assets 2020: $1,267,3252020Assets 2021: $1,198,647Liabilities 2021: $122,367Net Assets 2021: $1,076,2802021Assets 2022: $552,814Liabilities 2022: $113,800Net Assets 2022: $439,0142022Assets 2023: $473,688Liabilities 2023: $39,595Net Assets 2023: $434,0932023Assets 2024: $454,529Liabilities 2024: $54,069Net Assets 2024: $400,4602024

Highlighted filing

2019

Assets$1,969,181
Liabilities$144,178
Net Assets$1,825,003

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $480,6452010Expenses 2011: $533,8272011Expenses 2012: $543,2802012Revenue 2013: $407,682Expenses 2013: $454,759Net Income 2013: -$47,0772013Revenue 2014: $510,707Expenses 2014: $483,550Net Income 2014: $27,1572014Revenue 2015: $1,293,661Expenses 2015: $1,001,131Net Income 2015: $292,5302015Revenue 2016: $1,548,738Expenses 2016: $1,128,773Net Income 2016: $419,9652016Revenue 2017: $1,859,629Expenses 2017: $1,317,882Net Income 2017: $541,7472017Revenue 2018: $2,034,541Expenses 2018: $1,406,029Net Income 2018: $628,5122018Revenue 2019: $1,559,968Expenses 2019: $1,693,202Net Income 2019: -$133,2342019Revenue 2020: $869,259Expenses 2020: $1,426,936Net Income 2020: -$557,6772020Revenue 2021: $1,092,052Expenses 2021: $1,283,097Net Income 2021: -$191,0452021Revenue 2022: $446,778Expenses 2022: $1,084,044Net Income 2022: -$637,2662022Revenue 2023: $530,451Expenses 2023: $535,372Net Income 2023: -$4,9212023Revenue 2024: $345,902Expenses 2024: $379,535Net Income 2024: -$33,6332024

Highlighted filing

2019

Revenue$1,559,968
Expenses$1,693,202
Net Income-$133,234
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 17, 2020
Return Version
2019v5.1
Gross Receipts
$1,559,968
Mission and Program Overview

Mission

Harvesting corneas and providing them for transplant

Harvesting corneas and providing them for transplant-

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,935,956$1,825,003▼ $110,953
Cash and Non-Interest-Bearing Accounts$553,456$558,052▲ $4,596
Other Notes and Loans Receivable, Net-$440,000-
Accounts Receivable$316,292$376,306▲ $60,014
Land, Buildings, and Equipment, Net$363,838$326,520▼ $37,318
Savings and Temporary Cash Investments$763,936$268,303▼ $495,633
Total Assets$1,997,522$1,969,181▼ $28,341
Liabilities
Mortgage Notes Payable Secured by Investment Property-$75,541-
Accounts Payable and Accrued Expenses$61,566$68,637▲ $7,071
Total Liabilities$61,566$144,178▲ $82,612
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,935,956$1,825,003▼ $110,953
Total Liabilities and Net Assets / Fund Balance$1,997,522$1,969,181▼ $28,341

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$157,466$142,899$300,365
Equipment$87,021$72,604$159,625
Leasehold Improvements$82,033$6,676$88,709
Compensation and Service Providers

Board Members and Trustees

NameTitle
Bobby BreedChairman
Brett RamseyPresident
Richard CarrMemberat Large
Anthony FormbyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,484,979
Investment Income
$7,403
Other Revenue
$67,586
Change in Net Assets
$-133,234
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,143,578
Other Expenses$542,808
Grants and Similar Amounts Paid$6,816
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$485,287$137,184-$622,471
Current Officers, Directors, Trustees, and Key Employees$495,654--$495,654
Occupancy$175,507$5,521-$181,028
All Other Expenses$89,801$7,403-$97,204
Depreciation Depletion$77,341$18,233-$95,574
Conferences and Meetings$9,428$42,834-$52,262
Travel$2,131$43,346-$45,477
Other Employee Benefits-$25,453-$25,453
Information Technology$13,944$197-$14,141
Insurance$7,571--$7,571
Grants to Domestic Orgs$6,816--$6,816
Office Expenses-$5,505-$5,505
Interest-$2,364-$2,364
Fees for Services Legal-$1,966-$1,966
Fees for Services Accounting-$1,700-$1,700
Other Expenses$1,333--$1,333
Total Functional Expenses$1,401,496$291,706$0$1,693,202
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

Members are provided a copy of tax return and financial information once the return is filed with the internal revenue service.

Governing documents etc available to public Part VI line 19

Governing documengts and financial statements are available upon request with resonalbe time limits.organization does not have a conflict of interest statement

Filing and Contact Details

Filer

Filer Name
Tarrant Eye Resources Inc
EIN
20-1637097
Address
1125 S JENNINGS, FORT WORTH, TX 76104

Signing Officer

Name
Brettt Ramsey
Title
CEO
Phone
8179272020
Signed
2020-11-17
Discuss with paid preparer
No

Organization Details

Principal Officer
Brett Ramsey
Formed
2004
Legal Domicile
TX
Voting Board Members
5
Independent Board Members
4
Employees
13

Preparer

Firm
Leatherman Tax & Bookkeeping
Address
736 S SAGINAW BLVD, SAGINAW, TX 76179
Preparer
J Lewis Leatherman Ea
Phone
8172321525
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01548407
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01293650
IRS990ScheduleA/Total509Grp/TotalAmt08164271
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01490365
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01987133
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01859629
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01548738
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01293661
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt08179526
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt087021
IRS990ScheduleD/EquipmentGrp/DepreciationAmt072604
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0159625
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt082033
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt06676
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt088709
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0157466
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0142899
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0300365
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0326520
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MEMBERS ARE PROVIDED A COPY OF TAX RETURN AND FINANCIAL INFORMATION ONCE THE RETURN IS FILED WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1GOVERNING DOCUMENGTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST WITH RESONALBE TIME LIMITS.ORGANIZATION DOES NOT HAVE A CONFLICT OF INTEREST STATEMENT
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Governing documents etc available to public Part VI line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsEOYAmt01969181
IRS990/TotalAssetsGrp/BOYAmt01997522
IRS990/TotalAssetsGrp/EOYAmt01969181
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt013
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0291706
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01401496
IRS990/TotalFunctionalExpensesGrp/TotalAmt01693202
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt061566
IRS990/TotalLiabilitiesEOYAmt0144178
IRS990/TotalLiabilitiesGrp/BOYAmt061566
IRS990/TotalLiabilitiesGrp/EOYAmt0144178
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01935956
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01825003
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01401496
IRS990/TotalProgramServiceRevenueAmt01484979
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01559968
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01559968
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01997522
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01969181
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/ManagementAndGeneralAmt043346
IRS990/TravelGrp/ProgramServicesAmt02131
IRS990/TravelGrp/TotalAmt045477
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt04
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0BRETTT RAMSEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum08179272020
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TARRANT EYE RESOURCES INC
ReturnHeader/Filer/BusinessNameControlTxt0TARR
ReturnHeader/Filer/EIN0201637097
ReturnHeader/Filer/USAddress/AddressLine1Txt01125 S JENNINGS
ReturnHeader/Filer/USAddress/CityNm0FORT WORTH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd076104
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0C43A8832B03AD3A8AAC96F5A699D0D202E4F0546
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0C43A8832B03AD3A8AAC96F5A699D0D202E4F0546
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId07513092020328zstgwpv
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02020-11-23
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0137.27.149.222
ReturnHeader/FilingSecurityInformation/IPDt02020-11-23
ReturnHeader/FilingSecurityInformation/IPTm017:17:56
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0832480711
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LEATHERMAN TAX & BOOKKEEPING
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0736 S SAGINAW BLVD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SAGINAW
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd076179
ReturnHeader/PreparerPersonGrp/PhoneNum08172321525
ReturnHeader/PreparerPersonGrp/PreparationDt02020-11-23
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0J LEWIS LEATHERMAN EA
ReturnHeader/ReturnTs02020-11-23T17:15:15-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.45$0.05$0.40$0.35$0.38$0.03
2023Detailed filing. Detailed filing data is available for this year.$0.47$0.04$0.43$0.53$0.54$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.55$0.11$0.44$0.45$1.08$0.64
2021Detailed filing. Detailed filing data is available for this year.$1.20$0.12$1.08$1.09$1.28$0.19
2020Detailed filing. Detailed filing data is available for this year.$1.53$0.26$1.27$0.87$1.43$0.56
2019Detailed filing. Detailed filing data is available for this year.$1.97$0.14$1.83$1.56$1.69$0.13
2018Detailed filing. Detailed filing data is available for this year.$2.00$0.06$1.94$2.03$1.41$0.63
2017Detailed filing. Detailed filing data is available for this year.$1.55$0.22$1.33$1.86$1.32$0.54
2016Detailed filing. Detailed filing data is available for this year.$0.90$0.11$0.79$1.55$1.13$0.42
2015Detailed filing. Detailed filing data is available for this year.$0.51$0.14$0.37$1.29$1.00$0.29
2014Detailed filing. Detailed filing data is available for this year.$0.16$0.09$0.07$0.51$0.48$0.03
2013Summary only. Only limited summary data is available for this year.$0.11$0.05$0.06$0.41$0.45$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.14$0.03$0.11$0.54
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.17$0.06$0.11$0.53
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.18$0.04$0.13$0.48
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2019 filings • 501(c)3 • $1M-$5M nonprofits