Civic Intelligence

Lions Visiongift

990 • Fiscal year 2020 • EIN 26-3035522

Jan 01, 2020 to Dec 31, 2020 • Filed on Aug 02, 2021

2201 SE 11th AvenuePortland, OR 97214

(503) 808-7070

Siviq Scores

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

Liabilities / Assets

46th percentile

0.18x

Higher debt load relative to assets than 46% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Liabilities / Revenue

51st percentile

0.29x

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

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Net Margin

16th percentile

-13%

Higher net margin than 16% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Top Officer Pay

68th percentile

$236,708

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 2.5% of source-year revenue.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Asset Growth

29th percentile

0.5%

Faster asset growth than 29% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Revenue Growth

22nd percentile

-16%

Faster revenue growth than 22% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Assets

Up

$14,928,001

Up $68,447 (+0.5%) from 2019

Net Assets

Down

$12,178,607

Down $766,131 (-5.9%) from 2019

Liabilities

Up

$2,749,394

Up $834,578 (+44%) from 2019

Revenue

Down

$9,465,133

Down $1,766,230 (-16%) from 2019

Expenses

Down

$10,717,866

Down $210,430 (-1.9%) from 2019

Net Income

Down

-$1,252,733

Down $1,555,800 (-513%) from 2019

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2010: $8,160,359Liabilities 2010: $1,702,142Net Assets 2010: $6,458,2172010Assets 2012: $10,607,348Liabilities 2012: $1,708,301Net Assets 2012: $8,899,0472012Assets 2013: $9,902,187Liabilities 2013: $1,681,243Net Assets 2013: $8,220,9442013Assets 2014: $11,884,231Liabilities 2014: $1,601,718Net Assets 2014: $10,282,5132014Assets 2015: $12,492,603Liabilities 2015: $1,629,795Net Assets 2015: $10,862,8082015Assets 2016: $13,680,015Liabilities 2016: $1,698,628Net Assets 2016: $11,981,3872016Assets 2017: $14,201,915Liabilities 2017: $2,037,193Net Assets 2017: $12,164,7222017Assets 2018: $14,069,360Liabilities 2018: $2,003,552Net Assets 2018: $12,065,8082018Assets 2019: $14,859,554Liabilities 2019: $1,914,816Net Assets 2019: $12,944,7382019Assets 2020: $14,928,001Liabilities 2020: $2,749,394Net Assets 2020: $12,178,6072020Assets 2021: $15,835,054Liabilities 2021: $2,847,279Net Assets 2021: $12,987,7752021Assets 2022: $14,152,530Liabilities 2022: $2,623,081Net Assets 2022: $11,529,4492022Assets 2023: $13,134,513Liabilities 2023: $2,596,404Net Assets 2023: $10,538,1092023Assets 2024: $11,484,147Liabilities 2024: $2,365,712Net Assets 2024: $9,118,4352024

Highlighted filing

2020

Assets$14,928,001
Liabilities$2,749,394
Net Assets$12,178,607

Operations Trend

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

$20M$15M$10M$5.0M$0-$5.0MExpenses 2010: $4,670,8632010Expenses 2012: $4,923,6982012Expenses 2013: $7,305,4932013Revenue 2014: $7,046,814Expenses 2014: $5,986,291Net Income 2014: $1,060,5232014Revenue 2015: $7,685,429Expenses 2015: $6,826,532Net Income 2015: $858,8972015Revenue 2016: $8,552,765Expenses 2016: $7,495,038Net Income 2016: $1,057,7272016Revenue 2017: $8,352,676Expenses 2017: $8,247,047Net Income 2017: $105,6292017Revenue 2018: $10,284,556Expenses 2018: $10,374,042Net Income 2018: -$89,4862018Revenue 2019: $11,231,363Expenses 2019: $10,928,296Net Income 2019: $303,0672019Revenue 2020: $9,465,133Expenses 2020: $10,717,866Net Income 2020: -$1,252,7332020Revenue 2021: $13,517,757Expenses 2021: $12,973,921Net Income 2021: $543,8362021Revenue 2022: $12,675,807Expenses 2022: $13,332,479Net Income 2022: -$656,6722022Revenue 2023: $14,359,648Expenses 2023: $15,809,126Net Income 2023: -$1,449,4782023Revenue 2024: $15,049,710Expenses 2024: $16,774,602Net Income 2024: -$1,724,8922024

Highlighted filing

2020

Revenue$9,465,133
Expenses$10,717,866
Net Income-$1,252,733
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Aug 2, 2021
Return Version
2020v4.0
Gross Receipts
$10,963,751
Mission and Program Overview

Mission

To provide tissue for transplants, research, and medical education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$6,823,386$6,982,378▲ $158,992
Land, Buildings, and Equipment, Net$5,308,055$5,120,302▼ $187,753
Accounts Receivable$1,301,739$1,340,352▲ $38,613
Cash and Non-Interest-Bearing Accounts$709,774$714,588▲ $4,814
Savings and Temporary Cash Investments$314,007$344,576▲ $30,569
Prepaid Expenses and Deferred Charges$235,875$243,179▲ $7,304
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$14,859,554$14,928,001▲ $68,447
Other Assets Total$166,718$182,626▲ $15,908
Liabilities
Deferred Revenue-$1,031,219-
Mortgage Notes Payable Secured by Investment Property$1,055,783$1,000,498▼ $55,285
Accounts Payable and Accrued Expenses$859,033$717,677▼ $141,356
Total Liabilities$1,914,816$2,749,394▲ $834,578
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$12,136,680$11,260,801▼ $875,879
Net Assets With Donor Restrictions$808,058$917,806▲ $109,748
Total Net Assets Fund Balance$12,944,738$12,178,607▼ $766,131
Total Liabilities and Net Assets / Fund Balance$14,859,554$14,928,001▲ $68,447

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,688,676$1,213,001$3,901,677
Other Land Buildings$777,179$2,082,384$2,859,563
Leasehold Improvements$1,504,447$616,388$2,120,835
Land$150,000-$150,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Chris StorgerCEOFT$216,850$19,858$236,708

Board Members and Trustees

NameTitle
Susan Meikle StoopsChair
Chuck BlanchardVice Chairman
Will ClaytonVice-Chairman
Chris DorrDirector
David FullerDirector
Emanual Tanne MdDirector
Jeff MusgroveDirector
Leslie CoefieldDirector
Linda WilliamsDirector
Bob Van SlykeImmediate Past
Matt FisherSecretary
Kevin SittnerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$12,763
Program Service Revenue
$9,042,009
Investment Income
$263,820
Other Revenue
$146,541
All Other Contributions
$12,763
Change in Net Assets
$-1,252,733

Audited Revenue Reconciliation

Revenue per Audited Statements
$9,465,133
Revenue Not Reported on Form 990
$486,602
Total Revenue per Audited Statements
$9,951,735
Total Revenue per Form 990
$9,465,133
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$5,641,583
Other Expenses$5,076,283
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,722,831$520,774-$4,243,605
Fees for Services Other$828,044$160,254-$988,298
Other Employee Benefits$558,726$78,158-$636,884
Depreciation Depletion$441,402--$441,402
Payroll Taxes$328,702$45,981-$374,683
Occupancy$316,615--$316,615
Current Officers, Directors, Trustees, and Key Employees$207,658$29,049-$236,707
All Other Expenses$187,939$2,828-$190,767
Pension Plan Contributions$131,332$18,372-$149,704
Insurance-$112,945-$112,945
Other Expenses$86,793$13,552-$100,345
Fees for Services Accounting$77,372$1,472-$78,844
Office Expenses$72,637--$72,637
Interest$69,263--$69,263
Travel$53,307$2,181-$55,488
Advertising$48,913$4,582-$53,495
Fees for Service Investment Mgmnt Fees$36,459$694-$37,153
Conferences and Meetings$6,632$13,142-$19,774
Total Functional Expenses$9,685,512$1,032,354$0$10,717,866

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$10,717,866
Total Expenses per Audited Statements$10,717,866
Total Expenses per Form 990$10,717,866
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

A draft is reviewed by executive management and provided to the finance committee by e-mail prior to filing

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

The board inquiries and reviews any potential conflict of interest matters on an on-going basis.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

Annual review by committee, salary surveys, approval by review committee and reported to board.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Lions VisionGift
EIN
26-3035522
Phone
5038087070
Address
2201 SE 11th Avenue, Portland, OR 97214

Signing Officer

Name
Chris Stoeger
Title
CEO
Signed
2021-08-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Chris Stoeger
Formed
2009
Legal Domicile
Or
Voting Board Members
12
Independent Board Members
12
Employees
109
Volunteers
13

Preparer

Firm
Kern & Thompson LLC
Address
1800 SW First Avenue Suite 410, Portland, OR 97201
Preparer
Eric A Zehntbauer CPA
Phone
5032223338
Supplemental Narrative

Financial Statement Notes

Part V, Line 4: Intended uses of the endowment fund.

The organization's policy is to appropriate as needed all interest income and dividends earned on permanent endowment fund assets for operating or designated uses.

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IRS990/Form990PartVIISectionAGrp/TitleTxt3Vice Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt4Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt5Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt6Immediate Past
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
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IRS990/OtherExpensesGrp/Desc3FEES & PERMITS
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IRS990/RelatedOrganizationCtrlEntInd0false
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt038267
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt053302
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0441889
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0172296
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt010247762
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt08003929
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt07954721
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0261588
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IRS990ScheduleA/InvestmentIncomeCYPct00.01610
IRS990ScheduleA/InvestmentIncomePYPct00.01680

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$11.5$2.37$9.12$15.0$16.8$1.72
2023Detailed filing. Detailed filing data is available for this year.$13.1$2.60$10.5$14.4$15.8$1.45
2022Detailed filing. Detailed filing data is available for this year.$14.2$2.62$11.5$12.7$13.3$0.66
2021Detailed filing. Detailed filing data is available for this year.$15.8$2.85$13.0$13.5$13.0$0.54
2020Detailed filing. Detailed filing data is available for this year.$14.9$2.75$12.2$9.47$10.7$1.25
2019Detailed filing. Detailed filing data is available for this year.$14.9$1.91$12.9$11.2$10.9$0.30
2018Detailed filing. Detailed filing data is available for this year.$14.1$2.00$12.1$10.3$10.4$0.09
2017Detailed filing. Detailed filing data is available for this year.$14.2$2.04$12.2$8.35$8.25$0.11
2016Detailed filing. Detailed filing data is available for this year.$13.7$1.70$12.0$8.55$7.50$1.06
2015Detailed filing. Detailed filing data is available for this year.$12.5$1.63$10.9$7.69$6.83$0.86
2014Detailed filing. Detailed filing data is available for this year.$11.9$1.60$10.3$7.05$5.99$1.06
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.90$1.68$8.22$7.31
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.6$1.71$8.90$4.92
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.16$1.70$6.46$4.67