Civic Intelligence

Lions Vision Services a South Carolina Charity

990 • Fiscal year 2024 • EIN 23-7105526

Jul 01, 2023 to Jun 30, 2024 • Filed on Dec 12, 2024

234 Outlet Pointe Blvd Suite CColumbia, SC 29210

(803) 796-1304

Siviq Scores

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

Liabilities / Assets

52nd percentile

0.07x

Higher debt load relative to assets than 52% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

66th percentile

0.20x

Higher debt load relative to revenue than 66% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

46th percentile

2.6%

Higher net margin than 46% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

56th percentile

$76,700

Higher top officer pay than 56% of similar nonprofits.

Top officer pay equals 9.7% of source-year revenue.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

72nd percentile

14%

Faster asset growth than 72% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

32nd percentile

-2.0%

Faster revenue growth than 32% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$2,179,379

Up $597,144 (+38%) from 2022

Net Assets

Up

$2,022,771

Up $469,230 (+30%) from 2022

Liabilities

Up

$156,608

Up $127,914 (+446%) from 2022

Revenue

Up

$791,800

Up $262,885 (+50%) from 2022

Expenses

Up

$770,861

Up $330,783 (+75%) from 2022

Net Income

Down

$20,939

Down $67,898 (-76%) from 2022

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2013: $69,460Liabilities 2013: $12,895Net Assets 2013: $56,5652013Assets 2014: $40,256Liabilities 2014: $25,197Net Assets 2014: $15,0592014Assets 2016: $33,174Liabilities 2016: $2,842Net Assets 2016: $30,3322016Assets 2019: $1,430,100Liabilities 2019: $25,850Net Assets 2019: $1,404,2502019Assets 2020: $1,378,814Liabilities 2020: $53,925Net Assets 2020: $1,324,8892020Assets 2021: $1,700,508Liabilities 2021: $39,610Net Assets 2021: $1,660,8982021Assets 2022: $1,582,235Liabilities 2022: $28,694Net Assets 2022: $1,553,5412022Assets 2024: $2,179,379Liabilities 2024: $156,608Net Assets 2024: $2,022,7712024Assets 2025: $2,769,705Liabilities 2025: $160,781Net Assets 2025: $2,608,9242025

Highlighted filing

2024

Assets$2,179,379
Liabilities$156,608
Net Assets$2,022,771

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2013: $376,6242013Revenue 2014: $375,983Expenses 2014: $417,489Net Income 2014: -$41,5062014Revenue 2016: $450,914Expenses 2016: $469,947Net Income 2016: -$19,0332016Revenue 2019: $268,430Expenses 2019: $354,658Net Income 2019: -$86,2282019Revenue 2020: $252,154Expenses 2020: $331,515Net Income 2020: -$79,3612020Revenue 2021: $544,771Expenses 2021: $410,780Net Income 2021: $133,9912021Revenue 2022: $528,915Expenses 2022: $440,078Net Income 2022: $88,8372022Revenue 2024: $791,800Expenses 2024: $770,861Net Income 2024: $20,9392024Revenue 2025: $1,376,011Expenses 2025: $936,327Net Income 2025: $439,6842025

Highlighted filing

2024

Revenue$791,800
Expenses$770,861
Net Income$20,939
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Dec 12, 2024
Return Version
2023v5.0
Gross Receipts
$791,800
Mission and Program Overview

Mission

Lions vision services empowers the under-served blind and visually- impaired in south carolina to live safe, meaningful and fulfilling lives.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,483,667$1,791,014▲ $307,347
Cash and Non-Interest-Bearing Accounts$265,446$248,356▼ $17,090
Land, Buildings, and Equipment, Net$32,761$80,569▲ $47,808
Savings and Temporary Cash Investments$64,455$25,234▼ $39,221
Pledges and Grants Receivable$50,000$25,105▼ $24,895
Accounts Receivable$5,988$7,256▲ $1,268
Inventories for Sale or Use$2,148--
Prepaid Expenses and Deferred Charges$1,845$1,845→ $0
Total Assets$1,906,310$2,179,379▲ $273,069
Liabilities
Other Liabilities$37,528$94,025▲ $56,497
Accounts Payable and Accrued Expenses$37,649$62,583▲ $24,934
Total Liabilities$75,177$156,608▲ $81,431
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,414,578$1,552,407▲ $137,829
Net Assets With Donor Restrictions$416,555$470,364▲ $53,809
Total Net Assets Fund Balance$1,831,133$2,022,771▲ $191,638
Total Liabilities and Net Assets / Fund Balance$1,906,310$2,179,379▲ $273,069

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$9,307$80,686$89,993
Other Land Buildings$71,262$1,256$72,518

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$217,320$100,000▲ $32,101$5,043$344,378
2022$866,895$175,000▲ $3,580$828,155$217,320
2021$847,091$25,000▼ $5,196-$866,895
2020$841,937-▲ $5,154-$847,091
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Daniel ProhaskaPresident &FT$76,700$76,700

Board Members and Trustees

NameTitle
Jay OdellChair
Everette HairVice Chair
Ann Akerman BeardDirector
Jay McclaryDirector
Jim BarbareDirector
Linda RumseyDirector
Lisabeth MedlockDirector
Mary SedgwickDirector
Nick MclaneDirector
Ray WilliamsDirector
Shaw DrummondDirector
Tony BellDirector
Valerie LightfootDirector
Helen McfaddenSecretary
Marcus HunterTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$764,225
Program Service Revenue
$0
Investment Income
$27,574
Other Revenue
$1
All Other Contributions
$764,225
Change in Net Assets
$20,939

Audited Revenue Reconciliation

Revenue per Audited Statements
$791,800
Revenue Not Reported on Form 990
$1,046,281
Total Revenue per Audited Statements
$1,838,081
Total Revenue per Form 990
$791,800
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$449,284
Salaries, Compensation, and Employee Benefits$273,577
Total Fundraising Expense$107,238
Professional Fundraising Fees$48,000
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$147,658$15,750$33,469$196,877
Current Officers, Directors, Trustees, and Key Employees$57,525$6,136$13,039$76,700
Fees for Services Professional Fundraising--$48,000$48,000
All Other Expenses$31,387--$31,387
Depreciation Depletion$16,464$4,516$3,729$24,709
Advertising$20,052--$20,052
Other Expenses$18,515$2,513$5,341$18,515
Fees for Services Accounting$4,838$516$1,097$6,451
Conferences and Meetings$4,125$440$935$5,500
Insurance$2,483$265$563$3,311
Occupancy$2,379$254$540$3,173
Office Expenses$2,316$247$525$3,088
Total Functional Expenses$632,986$30,637$107,238$770,861

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,646,443
Expenses Not Reported on Form 990$875,582
Expenses per Audited Statements$770,861
Total Expenses per Form 990$770,861
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$48,000
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Bd MemberPrintingNo$1,421
-Bd MemberEye Surgeries - OopNo$286
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liability$71,262
Accrued Leave Liability$12,643
Payroll / Withholdings$10,120
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Page 6, Part VI, Line 7B

Members are required to approve any proposed changes to the by-laws.

Form 990, Page 6, Part VI, Line 11B

The organization makes its tax return, financial statements, and governing documents available for public inspection. The tax return is presented to board treasurer for review prior to submission. Board approves the annual audit. Final documents are available on the organization's website.

Form 990, Page 6, Part VI, Line 12C

Annual disclosure request is solicited.

Form 990, Page 6, Part VI, Line 15A

Board reviews compensation for all employees on an annual basis

Form 990, Page 6, Part VI, Line 15B

The board reviews compensation for all employees on an annual basis

Form 990, Page 6, Part VI, Line 19

The organization makes its tax return, financial statements, and governing documents available for public inspection available upon request as well as the organization's website.

Filing and Contact Details

Filer

Filer Name
Lions Vision Services
EIN
23-7105526
Phone
8037961304
Address
234 OUTLET POINTE BLVD SUITE C, COLUMBIA, SC 29210

Signing Officer

Name
Daniel Prohaska
Title
President & CEO
Phone
8037941304
Signed
2024-12-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Daniel Prohaska
Formed
1969
Legal Domicile
Sc
Voting Board Members
15
Independent Board Members
15
Employees
4
Volunteers
68

Preparer

Firm
The Brittingham Group Llp
Address
PO BOX 5949, WEST COLUMBIA, SC 29171-5949
Preparer
Harry D Deloach
Phone
8037393090
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4C

The affordable eyewear program provides eyeglasses to residents with a demonstratable financial need and no other resources, public or private, to pay for these services. Lvs will provide a basic pair of single or lined bifocal lenses at no cost to the client. This program does not support special requests including upgrades such as tinted, progressive, or transition lenses. Some other basis types of eyewear devices may also be obtained based on the recommendation of a licensed eyecare profressional. Clients will be referred to a local optometrist if they have not already established a provider to ensure an accurate prescription. The lvs eyeglasses program currently prioritizes applications from areas where there is no active lions club. Inquiries from residents in areas not currently supported by this program will be referred to the nearest lions club for assistance. In addition to the direct services we provide, lvs conducts an array of health awareness, public relations, and lions club related activities which align with our mission and elevate the role of eyecare in creating healthy communities for all south carolinians. These educational, supportive, coalition building, and public awareness efforts strengthen the core of all lvs programs in our pursuit of ending blindness in poverty.

Form 990, Page 2, Part III, Line 4D

The vision technology program helps blind and visually impaired persons who need various forms of low vision equipment for household activities or workplace develoment. Lvs utilizes partnerships with vendors, doctors, and donors to build an inventory of vision technology solutions and a referral system for clients who may need these resources. Vision technology varies greatly in cost and functionality based on the individiual needs of each client. All clients meet with a physician to determine the exact needs and most practical prescritpions for each client after which lvs provides the equipment needed on either a long-term or permanent loan at no cost to the client.

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

The lvs endowment exists to promote the long-term financial sustainability of the organization, providing a modest source of supplemental revenue for annual operations, a source of capital funds for strategic investments identified by the board of directors, and a means by which lvs can increase the impact of its charitable mission and ensure its future success. Management has established individual funds within the lvs endowment for charitable purposes related to the lvs mission with geographic or programmatic restrictions as outlined in the individual fund agreements.

Schedule D, Page 3, Part X

The organization is exempt from federal income taxes under section 501(c) (3) of the internal revenue code. The organization is subject to tax on income unrelated to its exempt purposes (unless that income is otherwise excluded by the irc). The tax years ending june 30, 2024, 2023, 2022, and 2021 are still open to audit for both federal and state purposes.

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IRS990/Form990PartVIISectionAGrp/TitleTxt15PRESIDENT &
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IRS990/MissionDesc0LIONS VISION SERVICES EMPOWERS THE UNDER-SERVED BLIND AND VISUALLY- IMPAIRED IN SOUTH CAROLINA TO LIVE SAFE, MEANINGFUL AND FULFILLING LIVES.
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IRS990/OtherExpensesGrp/Desc2EYEGLASS PROGRAM
IRS990/OtherExpensesGrp/Desc3SANTEE BLIND FISHING EVEN
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IRS990/PrincipalOfficerNm0DANIEL PROHASKA
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IRS990/ProgSrvcAccomActy2Grp/Desc0THE SANTEE BLIND FISHING EVENT IS A RECREATIONAL, EDUCATIONAL, QUALITY-OF- LIFE ENHANCING EVENT FOR INDIVIDUALS WITH BLINDNESS OR VISION LOSS AND THEIR CAREGIVERS. LVS PROVIDES A WEEKEND RETREAT IN THE SANTEE REGION WHERE BLIND AND VISUALLY IMPAIRED INDIVIDUALS CONNECT WITH OTHERS WHO HAVE SIMILAR SHARED LIFE EXPERIENCES AND PARTICIPATE IN A CATCH-AND-RELEASE FISHING TOURNAMENT. EXPENSES FOR THE PROGRAM COVER FOOD, LODGING, TRANSPORTATION, AND EQUIPMENT FOR CLIENTS AND VOLUNTEERS.
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IRS990/ProgSrvcAccomActy3Grp/Desc0THE AFFORDABLE EYEWEAR PROGRAM PROVIDES EYEGLASSES TO RESIDENTS WITH A DEMONSTRATABLE FINANCIAL NEED AND NO OTHER RESOURCES, PUBLIC OR PRIVATE, TO PAY FOR THESE SERVICES. LVS WILL PROVIDE A BASIC PAIR OF SINGLE OR LINED BIFOCAL LENSES AT NO COST TO THE CLIENT. THIS PROGRAM DOES NOT SUPPORT SPECIAL REQUESTS INCLUDING UPGRADES SUCH AS TINTED, PROGRESSIVE, OR TRANSITION LENSES. SOME OTHER BASIS TYPES OF EYEWEAR DEVICES MAY ALSO BE OBTAINED BASED ON THE RECOMMENDATION OF A LICENSED EYECARE PROFRESSIONAL. CLIENTS WILL BE REFERRED TO A LOCAL OPTOMETRIST IF THEY HAVE NOT ALREADY ESTABLISHED A PROVIDER TO ENSURE AN ACCURATE PRESCRIPTION. THE LVS EYEGLASSES PROGRAM CURRENTLY PRIORITIZES APPLICATIONS FROM AREAS WHERE THERE IS NO ACTIVE LIONS CLUB. INQUIRIES FROM RESIDENTS IN AREAS NOT CURRENTLY SUPPORTED BY THIS PROGRAM WILL BE REFERRED TO THE NEAREST LIONS CLUB FOR ASSISTANCE. IN ADDITION TO THE DIRECT SERVICES WE PROVIDE, LVS CONDUCTS AN ARRAY OF HEALTH AWARENESS, PUBLIC RELATIONS, AND LIONS CLUB RELATED ACTIVITIES WHICH ALIGN WITH OUR MISSION AND ELEVATE THE ROLE OF EYECARE IN CREATING HEALTHY COMMUNITIES FOR ALL SOUTH CAROLINIANS. THESE EDUCATIONAL, SUPPORTIVE, COALITION BUILDING, AND PUBLIC AWARENESS EFFORTS STRENGTHEN THE CORE OF ALL LVS PROGRAMS IN OUR PURSUIT OF ENDING BLINDNESS IN POVERTY.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0THE VISION TECHNOLOGY PROGRAM HELPS BLIND AND VISUALLY IMPAIRED PERSONS WHO NEED VARIOUS FORMS OF LOW VISION EQUIPMENT FOR HOUSEHOLD ACTIVITIES OR WORKPLACE DEVELOMENT. LVS UTILIZES PARTNERSHIPS WITH VENDORS, DOCTORS, AND DONORS TO BUILD AN INVENTORY OF VISION TECHNOLOGY SOLUTIONS AND A REFERRAL SYSTEM FOR CLIENTS WHO MAY NEED THESE RESOURCES. VISION TECHNOLOGY VARIES GREATLY IN COST AND FUNCTIONALITY BASED ON THE INDIVIDIUAL NEEDS OF EACH CLIENT. ALL CLIENTS MEET WITH A PHYSICIAN TO DETERMINE THE EXACT NEEDS AND MOST PRACTICAL PRESCRITPIONS FOR EACH CLIENT AFTER WHICH LVS PROVIDES THE EQUIPMENT NEEDED ON EITHER A LONG-TERM OR PERMANENT LOAN AT NO COST TO THE CLIENT.
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