Civic Intelligence

Eversight International

990 • Fiscal year 2018 • EIN 47-1671769

Jan 01, 2018 to Dec 31, 2018 • Filed on Aug 07, 2019

4889 Venture DriveAnn Arbor, MI 48108

(800) 247-7250

Siviq Scores

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

Liabilities / Assets

93rd percentile

1.00x

Higher debt load relative to assets than 93% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Liabilities / Revenue

96th percentile

7.96x

Higher debt load relative to revenue than 96% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Net Margin

30th percentile

-1.2%

Higher net margin than 30% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Top Officer Pay

53rd percentile

$184,584

Higher top officer pay than 53% of similar nonprofits.

Top officer pay equals 13.2% of source-year revenue.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Asset Growth

76th percentile

11%

Faster asset growth than 76% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Revenue Growth

53rd percentile

5.2%

Faster revenue growth than 53% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Assets

Up

$11,044,618

Up $1,116,553 (+11%) from 2017

Net Assets

Down

-$46,269

Down $16,820 (-57%) from 2017

Liabilities

Up

$11,090,887

Up $1,133,373 (+11%) from 2017

Revenue

Up

$1,393,552

Up $68,505 (+5.2%) from 2017

Expenses

Up

$1,409,828

Up $303,643 (+27%) from 2017

Net Income

Down

-$16,276

Down $235,138 (-107%) from 2017

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0-$5.0MAssets 2015: $7,183,556Liabilities 2015: $7,495,760Net Assets 2015: -$312,2042015Assets 2016: $8,801,598Liabilities 2016: $9,049,909Net Assets 2016: -$248,3112016Assets 2017: $9,928,065Liabilities 2017: $9,957,514Net Assets 2017: -$29,4492017Assets 2018: $11,044,618Liabilities 2018: $11,090,887Net Assets 2018: -$46,2692018Assets 2019: $11,877,850Liabilities 2019: $11,749,155Net Assets 2019: $128,6952019Assets 2020: $12,408,986Liabilities 2020: $12,230,146Net Assets 2020: $178,8402020Assets 2021: $13,604,636Liabilities 2021: $13,140,987Net Assets 2021: $463,6492021Assets 2022: $14,405,543Liabilities 2022: $13,864,434Net Assets 2022: $541,1092022Assets 2023: $15,472,083Liabilities 2023: $14,692,251Net Assets 2023: $779,8322023Assets 2024: $16,360,014Liabilities 2024: $15,143,600Net Assets 2024: $1,216,4142024

Highlighted filing

2018

Assets$11,044,618
Liabilities$11,090,887
Net Assets-$46,269

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2015: $3,787,148Expenses 2015: $4,034,352Net Income 2015: -$247,2042015Revenue 2016: $909,748Expenses 2016: $845,855Net Income 2016: $63,8932016Revenue 2017: $1,325,047Expenses 2017: $1,106,185Net Income 2017: $218,8622017Revenue 2018: $1,393,552Expenses 2018: $1,409,828Net Income 2018: -$16,2762018Revenue 2019: $1,862,458Expenses 2019: $1,687,494Net Income 2019: $174,9642019Revenue 2020: $2,039,062Expenses 2020: $1,881,778Net Income 2020: $157,2842020Revenue 2021: $2,749,942Expenses 2021: $2,344,716Net Income 2021: $405,2262021Revenue 2022: $3,012,879Expenses 2022: $2,689,180Net Income 2022: $323,6992022Revenue 2023: $3,478,435Expenses 2023: $3,013,148Net Income 2023: $465,2872023Revenue 2024: $3,499,849Expenses 2024: $2,792,104Net Income 2024: $707,7452024

Highlighted filing

2018

Revenue$1,393,552
Expenses$1,409,828
Net Income-$16,276
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Aug 7, 2019
Return Version
2018v3.1
Gross Receipts
$1,393,552
Mission and Program Overview

Mission

Preserving and restoring sight on a global scale.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$430,764$478,607▲ $47,843
Accounts Receivable$127,071$187,200▲ $60,129
Land, Buildings, and Equipment, Net$49,078$30,639▼ $18,439
Prepaid Expenses and Deferred Charges$5,000$1,667▼ $3,333
Total Assets$10,525,292$11,044,618▲ $519,326
Other Assets Total$9,913,379$10,346,505▲ $433,126
Liabilities
Other Liabilities$10,236,960$10,801,959▲ $564,999
Accounts Payable and Accrued Expenses$318,325$288,928▼ $29,397
Total Liabilities$10,555,285$11,090,887▲ $535,602
Net Assets / Fund Balance
Temporarily Rstr Net Assets$256,137--
Permanently Rstr Net Assets-$122,000-
Unrestricted Net Assets$-286,130$-168,269▲ $117,861
Total Net Assets Fund Balance$-29,993$-46,269▼ $16,276
Total Liabilities and Net Assets / Fund Balance$10,525,292$11,044,618▲ $519,326

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$30,639$53,692$84,331
Leasehold Improvements-$3,232$3,232
Other Assets Org$20,902--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Julie CollinsCFOFT$159,626$24,958$184,584
Collin RossVice PresideFT$122,490$23,576$146,066

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,375,157
Investment Income
$0
Other Revenue
$18,395
Change in Net Assets
$-16,276

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,393,552
Total Revenue per Audited Statements
$1,393,552
Total Revenue per Form 990
$1,393,552
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,089,178
Salaries, Compensation, and Employee Benefits$320,650
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$320,650--$320,650
Fees for Services Other$154,332$99,788-$254,120
Travel$35,783$3,594-$39,377
Depreciation Depletion$17,701$738-$18,439
Occupancy$17,427$695-$18,122
Other Expenses$15,959$665-$16,624
Insurance$7,970$364-$8,334
All Other Expenses$2,768$2,208-$4,976
Conferences and Meetings$3,494$264-$3,758
Office Expenses$3,511$146-$3,657
Total Functional Expenses$1,293,655$116,173$0$1,409,828

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,409,828
Total Expenses per Audited Statements$1,409,828
Total Expenses per Form 990$1,409,828
International Activity

International Summary

Spending
$38,807

International Compliance

Foreign grant records maintained
No
Activity in boycott countries
No
Foreign corporation ownership
Yes
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
East Asia/pacificProgram ServicesTissue Provided--$15,310
EuropeProgram ServicesTissue Provided--$14,150
Central America/caribbeanProgram ServicesTissue Provided--$9,347
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Intercompany Payable$10,801,959
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 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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

990 is reviewed by the ceo and cfo prior to filing. Completed 990 is provided via e-mail to all board members for comments and questions prior to filing.

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

The policy is reviewed during new employee orientation and annually with the entire staff and board of directors. Any potential conflicts of interest are reviewed by senior staff upon discovery.

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

All staff are leased from eversight, eversight uses the same process to set salaries for top officials. A performance review is conducted by the board hr committee; merit increase is recommended by the hr committee and approved by the board. The executive director is not part of compensation discussion. The executive director's salary is compared to salaries of other executive director's at peer organizations; other eye banks, opos, other nonprofit organizations of similar size.

Form 990, Page 6, Part VI, Line 19

Governing documents, financial statements and conflict of interest policy are available upon request.

Form 990, Part VII

Compensation is paid by a related entity, eversight, and is reported for the w2 year and not the twelve months ended december 31, 2018.

Filing and Contact Details

Filer

Filer Name
Eversight International
EIN
47-1671769
Phone
8002477250
Address
4889 VENTURE DRIVE, ANN ARBOR, MI 48108

Signing Officer

Name
Collin Ross
Title
Vice President
Phone
8002477250
Signed
2019-08-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Collin Ross
Formed
2013
Legal Domicile
Mi
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
8

Preparer

Firm
Yeo & Yeo Pc
Address
1450 EISENHOWER PLACE, ANN ARBOR, MI 48108-3283
Preparer
Brian R Dixon
Phone
7347691331
Supplemental Narrative

Additional Explanations

Form 990

Reportable compensation from related organizations is compensation paid to eversight under an employee leasing arrangement and not direct compensation to an officer. All staff are paid employees of eversight.

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

Eversight international builds sustainable eye banking infrastructures in underserved communities by partnering with local medical professionals and government entities in the middle east, pakistan and south korea. Through these robust partnerships, eversight international establishes local donation programs and conducts technical laboratory training so tissue can be recovered, processed and distributed safely, giving thousands more people access to life-changing corneal transplants every year. These transformational efforts also result in the increased availability of human eye tissue for research and education purposes. Eighty-nine percent of vision-impaired people live in low- and middle- income countries. Eversight international is focused on meeting the humanitarian need for cornea tissues in countries where sight-restoring corneal transplant procedures would otherwise be completely unavailable. The beneficiaries of eversight international's initiatives include the hundreds of thousands of people who suffer from eye injuries and blinding eye diseases that can be treated through corneal transplantation. Additionally, further vision science research to improve ocular surgery and eye banking practices will impact the lives of millions of others who can be helped through the fruits of scientific discovery. Blinding eye diseases affect hundreds of millions worldwide. That means millions of people cannot see their loved ones, let alone work to provide for their families. Vision loss results in substantial economic impact worldwide due to the inability of people who are vision impaired to contribute in their communities. Eversight international envisions a world without blindness-a world where all people in every community can lead independent, productive lives through the gift of sight. Eversight international empowers communities to take meaningful steps every day to make vision a reality for all.

Form 990, Part V, Line 4B

KOREA (SOUTH)

Form 990, Part IX, Line 11G

Other professional fees 31,467 61,295 0 leased employees 122,865 38,493 0 total 154,332 99,788 0

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IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt120902
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0INTERCOMPANY PAYABLE
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IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt1EAST ASIA/PACIFIC
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt2EUROPE
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0TISSUE PROVIDED
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt1TISSUE PROVIDED
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt2TISSUE PROVIDED
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0PROGRAM SERVICES
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt1PROGRAM SERVICES
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt2PROGRAM SERVICES
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IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0CENTRAL AMERICA/CARIBBEAN 9,347 0 EAST ASIA/PACIFIC 15,310 0 EUROPE 14,150 0
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE F, PAGE 1, PART I, LINE 3
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CFO
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IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0OFFICERS LISTED ON SCHEDULE J ARE PAID EMPLOYEES OF A RELATED ORGANIZATION, EVERSIGHT. SEE PART VII OF FORM 900 FOR ADDITIONAL DETAIL ON HOURS WORKED FOR THIS ENTITY AND RELATED ORGANIZATIONS.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE J, PART III
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0REPORTABLE COMPENSATION FROM RELATED ORGANIZATIONS IS COMPENSATION PAID TO EVERSIGHT UNDER AN EMPLOYEE LEASING ARRANGEMENT AND NOT DIRECT COMPENSATION TO AN OFFICER. ALL STAFF ARE PAID EMPLOYEES OF EVERSIGHT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EVERSIGHT INTERNATIONAL BUILDS SUSTAINABLE EYE BANKING INFRASTRUCTURES IN UNDERSERVED COMMUNITIES BY PARTNERING WITH LOCAL MEDICAL PROFESSIONALS AND GOVERNMENT ENTITIES IN THE MIDDLE EAST, PAKISTAN AND SOUTH KOREA. THROUGH THESE ROBUST PARTNERSHIPS, EVERSIGHT INTERNATIONAL ESTABLISHES LOCAL DONATION PROGRAMS AND CONDUCTS TECHNICAL LABORATORY TRAINING SO TISSUE CAN BE RECOVERED, PROCESSED AND DISTRIBUTED SAFELY, GIVING THOUSANDS MORE PEOPLE ACCESS TO LIFE-CHANGING CORNEAL TRANSPLANTS EVERY YEAR. THESE TRANSFORMATIONAL EFFORTS ALSO RESULT IN THE INCREASED AVAILABILITY OF HUMAN EYE TISSUE FOR RESEARCH AND EDUCATION PURPOSES. EIGHTY-NINE PERCENT OF VISION-IMPAIRED PEOPLE LIVE IN LOW- AND MIDDLE- INCOME COUNTRIES. EVERSIGHT INTERNATIONAL IS FOCUSED ON MEETING THE HUMANITARIAN NEED FOR CORNEA TISSUES IN COUNTRIES WHERE SIGHT-RESTORING CORNEAL TRANSPLANT PROCEDURES WOULD OTHERWISE BE COMPLETELY UNAVAILABLE. THE BENEFICIARIES OF EVERSIGHT INTERNATIONAL'S INITIATIVES INCLUDE THE HUNDREDS OF THOUSANDS OF PEOPLE WHO SUFFER FROM EYE INJURIES AND BLINDING EYE DISEASES THAT CAN BE TREATED THROUGH CORNEAL TRANSPLANTATION. ADDITIONALLY, FURTHER VISION SCIENCE RESEARCH TO IMPROVE OCULAR SURGERY AND EYE BANKING PRACTICES WILL IMPACT THE LIVES OF MILLIONS OF OTHERS WHO CAN BE HELPED THROUGH THE FRUITS OF SCIENTIFIC DISCOVERY. BLINDING EYE DISEASES AFFECT HUNDREDS OF MILLIONS WORLDWIDE. THAT MEANS MILLIONS OF PEOPLE CANNOT SEE THEIR LOVED ONES, LET ALONE WORK TO PROVIDE FOR THEIR FAMILIES. VISION LOSS RESULTS IN SUBSTANTIAL ECONOMIC IMPACT WORLDWIDE DUE TO THE INABILITY OF PEOPLE WHO ARE VISION IMPAIRED TO CONTRIBUTE IN THEIR COMMUNITIES. EVERSIGHT INTERNATIONAL ENVISIONS A WORLD WITHOUT BLINDNESS-A WORLD WHERE ALL PEOPLE IN EVERY COMMUNITY CAN LEAD INDEPENDENT, PRODUCTIVE LIVES THROUGH THE GIFT OF SIGHT. EVERSIGHT INTERNATIONAL EMPOWERS COMMUNITIES TO TAKE MEANINGFUL STEPS EVERY DAY TO MAKE VISION A REALITY FOR ALL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2KOREA (SOUTH)
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3990 IS REVIEWED BY THE CEO AND CFO PRIOR TO FILING. COMPLETED 990 IS PROVIDED VIA E-MAIL TO ALL BOARD MEMBERS FOR COMMENTS AND QUESTIONS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE POLICY IS REVIEWED DURING NEW EMPLOYEE ORIENTATION AND ANNUALLY WITH THE ENTIRE STAFF AND BOARD OF DIRECTORS. ANY POTENTIAL CONFLICTS OF INTEREST ARE REVIEWED BY SENIOR STAFF UPON DISCOVERY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ALL STAFF ARE LEASED FROM EVERSIGHT, EVERSIGHT USES THE SAME PROCESS TO SET SALARIES FOR TOP OFFICIALS. A PERFORMANCE REVIEW IS CONDUCTED BY THE BOARD HR COMMITTEE; MERIT INCREASE IS RECOMMENDED BY THE HR COMMITTEE AND APPROVED BY THE BOARD. THE EXECUTIVE DIRECTOR IS NOT PART OF COMPENSATION DISCUSSION. THE EXECUTIVE DIRECTOR'S SALARY IS COMPARED TO SALARIES OF OTHER EXECUTIVE DIRECTOR'S AT PEER ORGANIZATIONS; OTHER EYE BANKS, OPOS, OTHER NONPROFIT ORGANIZATIONS OF SIMILAR SIZE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7COMPENSATION IS PAID BY A RELATED ENTITY, EVERSIGHT, AND IS REPORTED FOR THE W2 YEAR AND NOT THE TWELVE MONTHS ENDED DECEMBER 31, 2018.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8OTHER PROFESSIONAL FEES 31,467 61,295 0 LEASED EMPLOYEES 122,865 38,493 0 TOTAL 154,332 99,788 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART V, LINE 4B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART VII
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART IX, LINE 11G
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IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ForeignAddress/CityNm0GUMCHEONGU SEOUL
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IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileForeignCountryCd0KS
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0EYE BANK
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