Civic Intelligence

The Eye Foundation Inc

EIN 63-0459034 • 501(c)3 • Birmingham, AL

Profile

The mission of the eye foundation, inc. Is to provide support to healthcare facilities that exist for the care and treatment of the human eye by providing fundraising efforts to ensure the quality of care delivered.

1720 University BoulevardBirmingham, AL 35233

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

61st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

99th percentile

100%

Higher net margin than 99% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

70th percentile

12%

Faster asset growth than 70% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

48th percentile

-2.4%

Faster revenue growth than 48% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$262,053

Up $28,701 (+12%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$262,053

Up $28,701 (+12%) from 2023

Revenue

Down

$28,701

Down $709 (-2.4%) from 2023

Expenses

Down

$0

Down $220 (-100%) from 2023

Net Income

Down

$28,701

Down $489 (-1.7%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$40M$30M$20M$10M$0Assets 2010: $31,028,171Liabilities 2010: $18,897,340Net Assets 2010: $12,130,8312010Assets 2011: $32,582,638Liabilities 2011: $20,762,156Net Assets 2011: $11,820,4822011Assets 2012: $35,408,809Liabilities 2012: $20,005,548Net Assets 2012: $15,403,2612012Assets 2013: $208,843Liabilities 2013: $0Net Assets 2013: $208,8432013Assets 2014: $1,480,706Liabilities 2014: $530,659Net Assets 2014: $950,0472014Assets 2015: $606,657Liabilities 2015: $16,304Net Assets 2015: $590,3532015Assets 2016: $621,461Liabilities 2016: $0Net Assets 2016: $621,4612016Assets 2017: $38,303Liabilities 2017: $0Net Assets 2017: $38,3032017Assets 2018: $78,166Liabilities 2018: $0Net Assets 2018: $78,1662018Assets 2019: $104,910Liabilities 2019: $0Net Assets 2019: $104,9102019Assets 2020: $141,128Liabilities 2020: $0Net Assets 2020: $141,1282020Assets 2021: $177,347Liabilities 2021: $0Net Assets 2021: $177,3472021Assets 2022: $204,162Liabilities 2022: $0Net Assets 2022: $204,1622022Assets 2023: $233,352Liabilities 2023: $0Net Assets 2023: $233,3522023Assets 2024: $262,053Liabilities 2024: $0Net Assets 2024: $262,0532024

Highlighted filing

2024

Assets$262,053
Liabilities$0
Net Assets$262,053

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$30M$20M$10M$0-$10MExpenses 2010: $25,512,6322010Expenses 2011: $28,202,9842011Expenses 2012: $28,067,7182012Expenses 2013: $7,281,9762013Revenue 2014: $717,493Expenses 2014: $812,641Net Income 2014: -$95,1482014Revenue 2015: $140,350Expenses 2015: $500,044Net Income 2015: -$359,6942015Revenue 2016: $53,774Expenses 2016: $22,666Net Income 2016: $31,1082016Revenue 2017: $216,897Expenses 2017: $193,175Net Income 2017: $23,7222017Revenue 2018: $40,572Expenses 2018: $709Net Income 2018: $39,8632018Revenue 2019: $26,744Expenses 2019: $0Net Income 2019: $26,7442019Revenue 2020: $36,218Expenses 2020: $0Net Income 2020: $36,2182020Revenue 2021: $36,219Expenses 2021: $0Net Income 2021: $36,2192021Revenue 2022: $26,815Expenses 2022: $0Net Income 2022: $26,8152022Revenue 2023: $29,410Expenses 2023: $220Net Income 2023: $29,1902023Revenue 2024: $28,701Expenses 2024: $0Net Income 2024: $28,7012024

Highlighted filing

2024

Revenue$28,701
Expenses$0
Net Income$28,701

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.26$0.00$0.26$0.03$0.00$0.03
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.23$0.00$0.23$0.03$0.00$0.03
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.20$0.00$0.20$0.03$0.00$0.03
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.18$0.00$0.18$0.04$0.00$0.04
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.14$0.00$0.14$0.04$0.00$0.04
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.10$0.00$0.10$0.03$0.00$0.03
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.08$0.00$0.08$0.04$0.00$0.04
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.04$0.00$0.04$0.22$0.19$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.62$0.00$0.62$0.05$0.02$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.61$0.02$0.59$0.14$0.50$0.36
2014Detailed filing. Detailed filing data is available for this year.$1.48$0.53$0.95$0.72$0.81$0.10
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.21$0.00$0.21$7.28
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$35.4$20.0$15.4$28.1
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$32.6$20.8$11.8$28.2
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$31.0$18.9$12.1$25.5
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
Aug 3, 2025
Return Version
2023v6.0
Gross Receipts
$28,701
Mission and Program Overview

Mission

The mission of the eye foundation, inc. Is to provide support to healthcare facilities that exist for the care and treatment of the human eye by providing fundraising efforts to ensure the quality of care delivered.

Program Services

DescriptionGrantsExpenses
THE EYE FOUNDATION ENGAGED IN FUNDRAISING EFFORTS AND PROVIDED GRANTS TO HEALTHCARE FACILITIES THAT EXIST FOR THE CARE AND TREATMENT OF THE HUMAN EYE TO ENSURE THE QUALITY OF CARE DELIVERED.-$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JASON O SADLERCFO-$0--
STEPHEN YODER JDBoard Member-$0--
GARRETT GROVERCEO-$0--
VIRGINIA LOLLEY MDBoard Member-$0--
JOAN RAGSDALEPresident-$0--
DAWN BULGARELLABoard Member-$0--
BRIAN SAMUELSChairman-$0--
LOU BAVERSOBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
The Eye Foundation Inc
EIN
63-0459034
In Care Of
% MAXINE NICHOLS
Phone
2053258100
Address
1720 UNIVERSITY BOULEVARD, BIRMINGHAM, AL 35233

Signing Officer

Name
Shelby T Smith
Title
Assistant CFO
Phone
2053258100
Signed
2025-08-03
Discuss with paid preparer
Yes

Preparer

Firm
Pwc US Tax Llp
Address
655 NEW YORK AVENUE NW SUITE 1100, WASHINGTON, DC 20001
Preparer
Michael D Hoffman
Phone
2024141000
Supplemental Narrative

Additional Explanations

Form 990EZ Part I Line 8

Description:SUPPLIES Amount:6320

Raw XML Appendix183 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherRevenueTotalAmt06320
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE MISSION OF THE EYE FOUNDATION, INC. IS TO PROVIDE SUPPORT TO HEALTHCARE FACILITIES THAT EXIST FOR THE CARE AND TREATMENT OF THE HUMAN EYE BY PROVIDING FUNDRAISING EFFORTS TO ENSURE THE QUALITY OF CARE DELIVERED.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE EYE FOUNDATION ENGAGED IN FUNDRAISING EFFORTS AND PROVIDED GRANTS TO HEALTHCARE FACILITIES THAT EXIST FOR THE CARE AND TREATMENT OF THE HUMAN EYE TO ENSURE THE QUALITY OF CARE DELIVERED.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
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IRS990EZ/TotalExpensesAmt00
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt028701
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE EYE FOUNDATION WILL SUPPORT THE UAB CALLAHAN EYE HOSPITAL AUTHORITY ("EYE HOSPITAL AUTHORITY"). THE EYE HOSPITAL AUTHORITY IS AN ENTITY OF THE UAB HEALTH SYSTEM AND IS COMPOSED OF TWO OPERATING ORGANIZATIONS, THE UAB CALLAHAN EYE HOSPITAL, A HOSPITAL, AND THE UNIVERSITY OF ALABAMA OPTHAMOLOGY SERVICES FOUNDATION, A NON-PROFIT ORGANIZATION SERVING THE EYE HEALTH NEEDS OF INDIVIDUALS THROUGH PATIENT CARE, MEDICAL EDUCATION, AND RESEARCH. THE EYE HOSPITAL AUTHORITY IS AN INTEGRAL PART OF THE INTERNATIONALLY RECOGNIZED MEDICAL CENTER AT THE UNIVERSITY OF ALABAMA AT BIRMINGHAM AND IS CONSIDERED TO BE A TAX-EXEMPT GOVERNMENTAL UNIT. AS A GOVERNMENTAL UNIT, THE EYE HOSPITAL AUTHORITY DOES NOT HAVE AN IRS DETERMINATION LETTER CLASSIFYING IT AS A PUBLIC CHARITY UNDER SECTION 509(A)(1) OR (2) OF THE INTERNAL REVENUE CODE. HOWEVER, THE EYE HOSPITAL AUTHORITY QUALIFIES AS A PUBLIC CHARITY UNDER SECTION 509(A)(1) BECAUSE ITS PRINCIPAL PURPOSE IS THE PROVISION OF MEDICAL AND HOSPITAL CARE AND MEDICAL EDUCATION AND RESEARCH AND IT QUALIFIES AS A GOVERNMENTAL UNIT. AS NOTED ABOVE, THE EYE HOSPTIAL AUTHORITY IS COMPOSED OF AN EYE HOSPITAL AND A NON-PROFIT ORGANIZATION THAT PROVIDES PATIENT CARE, MEDICAL EDUCATION AND DOES MEDICAL RESEARCH. BELOW PLEASE FIND THE LAW SUPPORTING THIS CONCLUSION. SECTION 509(A)(3) DESCRIBES "SUPPORTING ORGANIZATIONS" TO BE ORGANIZED, SUPERVISED, OR CONTROLLED BY ONE OR MORE ORGANIZATIONS DESCRIBED IN PARAGRAPH (1) OR (2) OF THIS SUBSECTION, AND FOR WHICH THE SUPPORTING ORGANIZATION IS ORGANIZED, AND AT ALL TIMES THEREAFTER IS OPERATED, EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PURPOSES OF ONE OR MORE SPECIFIED ORGANIZATIONS DESCRIBED IN PARAGRAPHS (1) OR (2) OF THIS SUBSECTION. SECTION 509(A)(1) INCLUDES AN ORGANIZATION DESCRIBED IN SECTION 170(B)(1)(A)(OTHER THAN IN CLAUSES (VII) OR (VIII)). SECTION 170(B)(1)(A)(III) DESCRIBES AN ORGANIZATION THE PRINCIPAL PURPOSE OR FUNCTIONS OF WHICH ARE THE PROVIDING OF MEDICAL OR HOSPITAL CARE OR MEDICAL EDUCATION OR MEDICAL RESEARCH, IF THE ORGANIZATION IS A HOSPITAL. SECTION 170(B)(1)(A)(V) DESCRIBES A GOVERNMENTAL UNIT REFERRED TO IN SUBSECTION (C)(1) WHICH INCLUDES A STATE, A POSSESSION OF THE UNITED STATES, OR ANY POLITICAL SUBDIVISION OF ANY OF THE FOREGOING.
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/Filer/PhoneNum02053258100
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ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL D HOFFMAN
ReturnHeader/ReturnTs02025-08-05T16:19:16-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-10-01
ReturnHeader/TaxPeriodEndDt02024-09-30
ReturnHeader/TaxYr02023

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