Civic Intelligence

Eye Bank Association of America

EIN 72-0678970 • 501(c)3 • Chantilly, VA

View Organization Page

Profile

The EBAA champions the restoration of sight through core services to its members which advance donation, transplantation, and research in their communities and throughout the world.

PO Box 220035Chantilly, VA 20151

www.restoresight.org

Siviq Scores

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

Liabilities / Assets

55th percentile

0.22x

Higher debt load relative to assets than 55% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Liabilities / Revenue

81st percentile

0.99x

Higher debt load relative to revenue than 81% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Net Margin

48th percentile

3.7%

Higher net margin than 48% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Top Officer Pay

88th percentile

$431,308

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 13.8% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Asset Growth

58th percentile

6.9%

Faster asset growth than 58% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2024 to 2025

Revenue Growth

30th percentile

-1.5%

Faster revenue growth than 30% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets55th percentile

Assets

Up

$14,037,438

Up $3,299,085 (+31%) from 2023

Liabilities

Up

$3,092,522

Up $1,792,919 (+138%) from 2023

Net Assets

Up

$10,944,916

Up $1,506,166 (+16%) from 2023

Operations
Liabilities / Revenue81st percentileNet Margin48th percentile

Revenue

Down

$3,123,103

Down $214,410 (-6.4%) from 2023

Expenses

Up

$3,007,212

Up $325,681 (+12%) from 2023

Net Income

Down

$115,891

Down $540,091 (-82%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth58th percentile

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

$15M$10M$5.0M$0Assets 2012: $6,052,626Liabilities 2012: $497,712Net Assets 2012: $5,554,9142012Assets 2013: $6,540,600Liabilities 2013: $362,675Net Assets 2013: $6,177,9252013Assets 2014: $7,504,608Liabilities 2014: $385,333Net Assets 2014: $7,119,2752014Assets 2015: $7,734,576Liabilities 2015: $362,110Net Assets 2015: $7,372,4662015Assets 2016: $7,957,077Liabilities 2016: $339,339Net Assets 2016: $7,617,7382016Assets 2017: $8,792,588Liabilities 2017: $600,659Net Assets 2017: $8,191,9292017Assets 2018: $9,197,606Liabilities 2018: $722,794Net Assets 2018: $8,474,8122018Assets 2019: $9,447,851Liabilities 2019: $789,999Net Assets 2019: $8,657,8522019Assets 2020: $9,110,902Liabilities 2020: $717,704Net Assets 2020: $8,393,1982020Assets 2021: $10,818,974Liabilities 2021: $558,031Net Assets 2021: $10,260,9432021Assets 2022: $9,059,194Liabilities 2022: $609,031Net Assets 2022: $8,450,1632022Assets 2023: $10,738,353Liabilities 2023: $1,299,603Net Assets 2023: $9,438,7502023Assets 2025: $14,037,438Liabilities 2025: $3,092,522Net Assets 2025: $10,944,9162025

Highlighted filing

2025

Assets$14,037,438
Liabilities$3,092,522
Net Assets$10,944,916
Open 2025 Filing

Operations Trend

Revenue Growth30th percentile

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2012: $2,094,578Expenses 2012: $2,016,705Net Income 2012: $77,8732012Revenue 2013: $2,334,931Expenses 2013: $1,935,169Net Income 2013: $399,7622013Revenue 2014: $2,547,664Expenses 2014: $1,995,959Net Income 2014: $551,7052014Revenue 2015: $3,060,744Expenses 2015: $2,164,760Net Income 2015: $895,9842015Revenue 2016: $2,421,100Expenses 2016: $2,075,125Net Income 2016: $345,9752016Revenue 2017: $2,746,291Expenses 2017: $2,441,288Net Income 2017: $305,0032017Revenue 2018: $2,656,937Expenses 2018: $2,441,683Net Income 2018: $215,2542018Revenue 2019: $2,582,648Expenses 2019: $2,669,934Net Income 2019: -$87,2862019Revenue 2020: $2,504,281Expenses 2020: $2,322,765Net Income 2020: $181,5162020Revenue 2021: $2,679,568Expenses 2021: $2,167,571Net Income 2021: $511,9972021Revenue 2022: $2,468,860Expenses 2022: $2,503,021Net Income 2022: -$34,1612022Revenue 2023: $3,337,513Expenses 2023: $2,681,531Net Income 2023: $655,9822023Revenue 2025: $3,123,103Expenses 2025: $3,007,212Net Income 2025: $115,8912025

Highlighted filing

2025

Revenue$3,123,103
Expenses$3,007,212
Net Income$115,891
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$14,037,438
Liabilities
$3,092,522
Net assets
$10,944,916
Revenue
$3,123,103
Expenses
$3,007,212
Net income
$115,891
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.0$3.09$10.9$3.12$3.01$0.12
2023Summary only. Only limited summary data is available for this year.$10.7$1.30$9.44$3.34$2.68$0.66
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.06$0.61$8.45$2.47$2.50$0.03
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.8$0.56$10.3$2.68$2.17$0.51
2020Summary only. Only limited summary data is available for this year.$9.11$0.72$8.39$2.50$2.32$0.18
2019Summary only. Only limited summary data is available for this year.$9.45$0.79$8.66$2.58$2.67$0.09
2018Summary only. Only limited summary data is available for this year.$9.20$0.72$8.47$2.66$2.44$0.22
2017Summary only. Only limited summary data is available for this year.$8.79$0.60$8.19$2.75$2.44$0.31
2016Summary only. Only limited summary data is available for this year.$7.96$0.34$7.62$2.42$2.08$0.35
2015Summary only. Only limited summary data is available for this year.$7.73$0.36$7.37$3.06$2.16$0.90
2014Summary only. Only limited summary data is available for this year.$7.50$0.39$7.12$2.55$2.00$0.55
2013Summary only. Only limited summary data is available for this year.$6.54$0.36$6.18$2.33$1.94$0.40
2012Summary only. Only limited summary data is available for this year.$6.05$0.50$5.55$2.09$2.02$0.08
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Feb 1, 2026
Return Version
2024v5.2
Gross Receipts
$4,554,588
Mission and Program Overview

Mission

The EBAA champions the restoration of sight through core services to its members which advance donation, transplantation, and research in their communities and throughout the world.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$10,504,795$11,631,152▲ $1,126,357
Investments Program Related$1,650,000$1,800,000▲ $150,000
Prepaid Expenses and Deferred Charges$114,125$102,885▼ $11,240
Accounts Receivable$105,930$48,839▼ $57,091
Cash and Non-Interest-Bearing Accounts$143,120$21,569▼ $121,551
Land, Buildings, and Equipment, Net$31,467$15,837▼ $15,630
Total Assets$13,128,274$14,037,438▲ $909,164
Other Assets Total$578,837$417,156▼ $161,681
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,726,522$2,009,373▲ $282,851
Accounts Payable and Accrued Expenses$490,226$569,436▲ $79,210
Other Liabilities$658,516$484,250▼ $174,266
Deferred Revenue$21,853$29,463▲ $7,610
Total Liabilities$2,897,117$3,092,522▲ $195,405
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$9,180,993$9,849,578▲ $668,585
Net Assets With Donor Restrictions$1,050,164$1,095,338▲ $45,174
Total Net Assets Fund Balance$10,231,157$10,944,916▲ $713,759
Total Liabilities and Net Assets / Fund Balance$13,128,274$14,037,438▲ $909,164

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$5,811$133,077$138,888
Leasehold Improvements$10,026$34,091$44,117
Equipment-$36,916$36,916
Investment Program Related Org$1,800,000--
Compensation and Service Providers
Top Officer Pay88th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Corcoran KevinPresident CEOFT$346,862$84,446$431,308
DeMatteo JenniferDirector of Regulations and StandardsFT$168,090$41,220$209,310
Gardner StaceyDirector of EducationFT$145,335$37,871$183,206
Bayus ColleenDirector of CommunicationsFT$123,187$23,296$146,483
Genevieve MagnusonDIrector of Member ServicesFT$109,139$22,307$131,446

Board Members and Trustees

NameTitle
Quirk JimChair
Chamberlain WinstonChair-Elect
Li JenniferImmediate Past Chair
Mian ShahzadMAB Chair
Baker EstherBoard
Hanna ChrisBoard
Jameson CloverBoard
McCoy KristenBoard
Rhee MichelleBoard
Samuel RamosBoard
Schweitzer ShannonBoard
Kaufman AdamSecretary/Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$22,938
Program Service Revenue
$2,298,972
Investment Income
$691,492
Other Revenue
$109,701
All Other Contributions
$16,537
Change in Net Assets
$115,891

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,060,530
Revenue Not Reported on Financial Statements
$62,573
Revenue Not Reported on Form 990
$597,868
Total Revenue per Audited Statements
$3,658,398
Total Revenue per Form 990
$3,123,103
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,524,238
Salaries, Compensation, and Employee Benefits$1,348,532
Grants and Similar Amounts Paid$134,442
Total Fundraising Expense$68,407
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$574,131$67,821$7,536$649,488
Conferences and Meetings$506,723$2,197$244$509,164
Current Officers, Directors, Trustees, and Key Employees$244,205$188,847$20,983$454,035
Occupancy$111,577$49,197$5,466$166,240
Grants to Domestic Orgs$134,442--$134,442
Interest-$132,851-$132,851
Information Technology$64,544$54,599$6,067$125,210
Other Employee Benefits$84,885$18,940$10,263$114,088
Fees for Services Accounting-$91,831$10,203$102,034
Payroll Taxes-$73,429-$73,429
Travel$56,752$7,873$875$65,500
Fees for Service Investment Mgmnt Fees-$62,573-$62,573
Pension Plan Contributions$42,635$13,371$1,486$57,492
All Other Expenses$47,199$7,629-$54,828
Office Expenses$34,439$15,775$1,753$51,967
Fees for Services Legal$24,284$13,180$1,465$38,929
Other Expenses$174$20,211$874$20,385
Depreciation Depletion-$15,639-$15,639
Insurance$-638$10,727$1,192$11,281
Total Functional Expenses$2,065,553$873,252$68,407$3,007,212

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$3,007,212
Expenses per Audited Statements$2,944,639
Total Expenses per Audited Statements$2,944,639
Expenses Not Reported on Financial Statements$62,573
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
University of MiamiCoral Gables, FL501c3-$50,000
University of IowaIowa City, IA501c3-$15,000
Case WesternCleveland, OH501c3-$12,500
Cornea SocietySan Francisco, CA501c3-$10,000
Kellogg Eye CenterPittsburgh, PA501c3-$7,500
Schepens Eye ResearchBoston, MA501c3-$7,500
Stein Eye InstituteLos Angeles, CA501c3-$7,500
University of South FloridaDallas, TX501c3-$7,500
VisionGiftPortland, OR501c3-$7,500
Wilmer Eye InstituteChicago, IL501c3-$7,500
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
Federal income taxes$476,063
Operating lease liability$8,187
Sublease deposit-
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
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“Members elect the governing body annually at the house of delegates meeting by a simple majority. If there are significant decisions, such as bylaws changes, these will be voted on by a two thirds vote of the house of delegates.”

Form 990, Part VI, Section A, Line 7

“Members elect the governing body annually at the house of delegates meeting by a simple majority. If there are significant decisions, such as bylaws changes, these will be voted on by a two thirds vote of the house of delegates.”

Form 990, Part VI, Section B, Line 11B

“The governing body is e-mailed a copy of the preliminary form 990. A 10 day window is provided for negative confirmation.”

Form 990, Part VI, Section B, Line 12C

“The organization maintains open communications between directors and employees, furthermore, officers, directors, and key employees are made aware of new business relationships as they are contracted. When potential conflicts are discovered, top management assesses the situation. If a conflict exists, the person with the conflict is prohibited from participating in the governing bodys deliberations and decisions in the transaction.”

Form 990, Part VI, Section B, Line 15

“The organizations Board of Directors annually reviews compensation of top management officials using comparable industry and organizational data. The deliberations and decisions are documented in the committees meeting minutes.”

Form 990, Part VI, Section C, Line 19

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

Filing and Contact Details

Filer

Filer Name
Eye Bank Association of America
EIN
72-0678970
Phone
2022070883
Address
PO Box 220035, Chantilly, VA 20151

Signing Officer

Name
Kevin Corcoran
Title
CEOPresident
Phone
2022070883
Signed
2026-02-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kevin Corcoran
Formed
1969
Legal Domicile
Il
Voting Board Members
13
Independent Board Members
11
Employees
6
Volunteers
250

Preparer

Firm
Matthew F Penniman CPA LLC
Address
13826 Dayton Meadows Ct, Dayton, MD 21036
Preparer
Matthew F Penniman
Phone
3012759420
Raw XML AppendixShowing 400 of 702 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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