Civic Intelligence

Oregon Lions Sight and Hearing Foundation Inc.

990 • Fiscal year 2022 • EIN 93-6041506

Jul 01, 2021 to Jun 30, 2022 • Filed on Dec 19, 2022

1010 NW 22nd Avenue 144Portland, OR 97210

(503) 413-7399

Siviq Scores

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

Liabilities / Assets

33rd percentile

0.04x

Higher debt load relative to assets than 33% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Liabilities / Revenue

52nd percentile

0.18x

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

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Net Margin

11th percentile

-27%

Higher net margin than 11% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Top Officer Pay

65th percentile

$158,512

Higher top officer pay than 65% of similar nonprofits.

Top officer pay equals 8.9% of source-year revenue.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Asset Growth

9th percentile

-17%

Faster asset growth than 9% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Revenue Growth

81st percentile

39%

Faster revenue growth than 81% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Assets

Down

$7,389,143

Down $1,488,633 (-17%) from 2021

Net Assets

Down

$7,074,210

Down $1,238,722 (-15%) from 2021

Liabilities

Down

$314,933

Down $249,911 (-44%) from 2021

Revenue

Up

$1,778,141

Up $502,953 (+39%) from 2021

Expenses

Up

$2,250,841

Up $371,661 (+20%) from 2021

Net Income

Up

-$472,700

Up $131,292 (+22%) from 2021

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2011: $5,836,585Liabilities 2011: $163,202Net Assets 2011: $5,673,3832011Assets 2012: $5,677,935Liabilities 2012: $209,298Net Assets 2012: $5,468,6372012Assets 2013: $7,660,077Liabilities 2013: $102,281Net Assets 2013: $7,557,7962013Assets 2014: $7,944,692Liabilities 2014: $129,114Net Assets 2014: $7,815,5782014Assets 2015: $7,825,164Liabilities 2015: $132,817Net Assets 2015: $7,692,3472015Assets 2016: $7,010,469Liabilities 2016: $173,279Net Assets 2016: $6,837,1902016Assets 2017: $6,953,766Liabilities 2017: $156,343Net Assets 2017: $6,797,4232017Assets 2018: $7,345,580Liabilities 2018: $212,763Net Assets 2018: $7,132,8172018Assets 2019: $7,678,189Liabilities 2019: $242,575Net Assets 2019: $7,435,6142019Assets 2020: $7,961,595Liabilities 2020: $550,164Net Assets 2020: $7,411,4312020Assets 2021: $8,877,776Liabilities 2021: $564,844Net Assets 2021: $8,312,9322021Assets 2022: $7,389,143Liabilities 2022: $314,933Net Assets 2022: $7,074,2102022Assets 2023: $7,842,201Liabilities 2023: $365,259Net Assets 2023: $7,476,9422023

Highlighted filing

2022

Assets$7,389,143
Liabilities$314,933
Net Assets$7,074,210

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $1,532,164Expenses 2011: $1,103,668Net Income 2011: $428,4962011Expenses 2012: $1,300,4002012Expenses 2013: $1,169,8662013Revenue 2014: $1,103,715Expenses 2014: $1,327,177Net Income 2014: -$223,4622014Revenue 2015: $1,847,628Expenses 2015: $1,513,651Net Income 2015: $333,9772015Revenue 2016: $948,391Expenses 2016: $1,538,026Net Income 2016: -$589,6352016Revenue 2017: $1,046,915Expenses 2017: $1,494,976Net Income 2017: -$448,0612017Revenue 2018: $1,827,320Expenses 2018: $1,726,526Net Income 2018: $100,7942018Revenue 2019: $2,027,212Expenses 2019: $1,964,780Net Income 2019: $62,4322019Revenue 2020: $1,645,835Expenses 2020: $1,880,112Net Income 2020: -$234,2772020Revenue 2021: $1,275,188Expenses 2021: $1,879,180Net Income 2021: -$603,9922021Revenue 2022: $1,778,141Expenses 2022: $2,250,841Net Income 2022: -$472,7002022Revenue 2023: $2,112,522Expenses 2023: $2,272,942Net Income 2023: -$160,4202023

Highlighted filing

2022

Revenue$1,778,141
Expenses$2,250,841
Net Income-$472,700
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Dec 19, 2022
Return Version
2021v4.1
Gross Receipts
$1,845,543
Mission and Program Overview

Mission

Olshf's mission is to screen, treat, save, and restore sight and hearing, in partnership with lions clubs, in order to prevent blindness and deafness for those in need.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$7,646,060$6,166,992▼ $1,479,068
Accounts Receivable$165,124$551,634▲ $386,510
Cash and Non-Interest-Bearing Accounts$541,003$226,320▼ $314,683
Land, Buildings, and Equipment, Net$319,246$224,060▼ $95,186
Inventories for Sale or Use$89,377$81,176▼ $8,201
Prepaid Expenses and Deferred Charges$20,871$24,039▲ $3,168
Savings and Temporary Cash Investments-$0-
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-
Total Assets$8,877,776$7,389,143▼ $1,488,633
Other Assets Total$96,095$114,922▲ $18,827
Liabilities
Unsecured Notes Loans Payable$241,620--
Other Liabilities$198,584$209,292▲ $10,708
Accounts Payable and Accrued Expenses$124,640$105,641▼ $18,999
Total Liabilities$564,844$314,933▼ $249,911
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,084,117$3,913,515▼ $170,602
Net Assets With Donor Restrictions$4,228,815$3,160,695▼ $1,068,120
Total Net Assets Fund Balance$8,312,932$7,074,210▼ $1,238,722
Total Liabilities and Net Assets / Fund Balance$8,877,776$7,389,143▼ $1,488,633

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$79,573$727,934$807,507
Equipment$21,966$438,850$460,816
Leasehold Improvements$122,521$180,982$303,503

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$7,415,858-▼ $597,339$555,574$6,262,945
2020$6,173,772-▲ $1,534,730$292,881$7,415,621
2019$6,092,141-▲ $329,559$247,928$6,173,772
2018$5,893,258$260,627▲ $289,242$350,986$6,092,141
2017$5,882,527$500,000▲ $341,072$377,023$5,893,258
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Doug ThompsonExecutive DirectorFT$141,852$16,660$158,512
Brenda AndersonVP FinanceFT$98,262$15,709$113,971

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$950,092
Program Service Revenue
$606,080
Investment Income
$140,083
Other Revenue
$81,886
All Other Contributions
$708,472
Change in Net Assets
$-472,700

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,778,141
Revenue Not Reported on Form 990
$-537,201
Total Revenue per Audited Statements
$1,240,940
Total Revenue per Form 990
$1,778,141
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,406,728
Other Expenses$844,113
Total Fundraising Expense$293,906
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$786,565$30,196$135,710$952,471
Current Officers, Directors, Trustees, and Key Employees$133,294$5,117$22,998$161,409
Other Employee Benefits$109,624$4,208$18,914$132,746
Payroll Taxes$92,315$3,544$15,928$111,787
Depreciation Depletion$100,746$1,591-$102,337
Fees for Services Other$32,836$5,663$48,340$86,839
Office Expenses$42,882$1,735$4,806$49,423
Pension Plan Contributions$39,899$1,532$6,884$48,315
Insurance$37,060$6,041-$43,101
Travel$29,761$364$2,224$32,349
All Other Expenses$23,573$882$7,742$32,197
Conferences and Meetings$10,670$729$8,733$20,132
Occupancy$17,725$1,048-$18,773
Other Expenses$16,390$1,495$291$18,176
Total Functional Expenses$1,889,545$67,390$293,906$2,250,841

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,479,662
Expenses per Audited Statements$2,250,841
Total Expenses per Form 990$2,250,841
Expenses Not Reported on Form 990$228,821
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$23,575
Fundraising Direct Expenses$10,420
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Special Events$23,575$23,575$10,420$13,155
Total Events$23,575$23,575$10,420$13,155
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
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-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Funds Held for Lions Club$200,628
Annuity Liability$8,664
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
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 7A: How Members or Shareholders Elect Governing Body

Lions clubs in oregon elect the board of trustees.

Form 990, Part VI, Line 7B: Describe Decisions of Governing Body Approval by Members or Shareholders

Changes to bylaws and articles or incorporation are subject to approval by member lions clubs in oregon.

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

A draft of the form 990 is provided to the finance and audit committee then executive committee to recommend to the board which reviews and approves the 990 with executive management prior to filing.

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

The board monitors enforcement of its conflict of interest policy at regular board meetings through review of potential conflicts in contracts and agreements, and all officers, directors, and key employees are required to disclose annually any interests that could give rise to conflicts.

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

Compensation and benefits are determined by an executive committee as part of the executive employee review process.

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

UPON REQUEST.

Filing and Contact Details

Filer

Filer Name
Oregon Lions Sight & Hearing Foundation
EIN
93-6041506
Phone
5034137399
Address
1010 NW 22nd Avenue 144, Portland, OR 97210

Signing Officer

Name
Doug Thompson
Title
Executive Director
Signed
2022-12-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Doug Thompson
Formed
1959
Legal Domicile
Or
Voting Board Members
28
Independent Board Members
28
Employees
32
Volunteers
4,000

Preparer

Firm
Kern & Thompson LLC
Address
1800 SW First Avenue Suite 410, Portland, OR 97201
Preparer
Richard V Proulx CPA
Phone
5032223338
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IRS990/Form990PartVIISectionAGrp/TitleTxt0Executive Dir.
IRS990/Form990PartVIISectionAGrp/TitleTxt1VP FINANCE
IRS990/Form990PartVIISectionAGrp/TitleTxt2CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt42ND VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt5Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt6Secretary
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IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
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IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
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IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt24Director
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IRS990/Form990PartVIISectionAGrp/TitleTxt26Director
IRS990/Form990PartVIISectionAGrp/TitleTxt27Director
IRS990/Form990PartVIISectionAGrp/TitleTxt28Director
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$7.84$0.37$7.48$2.11$2.27$0.16
2022Detailed filing. Detailed filing data is available for this year.$7.39$0.31$7.07$1.78$2.25$0.47
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.88$0.56$8.31$1.28$1.88$0.60
2020Summary only. Only limited summary data is available for this year.$7.96$0.55$7.41$1.65$1.88$0.23
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.68$0.24$7.44$2.03$1.96$0.06
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.35$0.21$7.13$1.83$1.73$0.10
2017Summary only. Only limited summary data is available for this year.$6.95$0.16$6.80$1.05$1.49$0.45
2016Detailed filing. Detailed filing data is available for this year.$7.01$0.17$6.84$0.95$1.54$0.59
2015Detailed filing. Detailed filing data is available for this year.$7.83$0.13$7.69$1.85$1.51$0.33
2014Detailed filing. Detailed filing data is available for this year.$7.94$0.13$7.82$1.10$1.33$0.22
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.66$0.10$7.56$1.17
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.68$0.21$5.47$1.30
2011Summary only. Only limited summary data is available for this year.$5.84$0.16$5.67$1.53$1.10$0.43
Peer Organizations

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