Cause IQ organization profile

Alabama Eye Bank (AEB)

AEB is a organ bank based in Birmingham, AL that was founded in 1970. As of 2018 they had $7.4 million in revenue and $12 million in assets.

Alabama Eye Bank's mission is about the restoration of sight, through the timely recovery, excellent processing and efficient distribution of the highest quality of eye tissue for transplantation, ophthalmic research and training.

EIN:

63-0880135

City:

Birmingham

State:

Alabama

Website:

alabamaeyebank.org

Phone:

800.423.7811

Twitter:

@alabamaeyebank

Founded:

1970

Type:

501(c)(3)

NTEE:

E65: Organ and tissue banks

Revenue:

$7,422,293

Assets:

$12,989,508

Employees:

Fiscal year end:

June

Revenue trends:

Asset trends:

Program areas at AEB

Recovery, processing and distribution of Eye tissue for transplantation, research and training. Services are provided to both insured and uninsured patients throughout the us and around the world through various medical agencies.

Form 990s for AEB

Fiscal year ending	Date received by IRS	Form	PDF link
2018-06	May 14, 2019	990	View PDF
2017-06	Oct 16, 2018	990	View PDF
2016-06	Jul 13, 2017	990	View PDF
2015-06	Jul 26, 2016	990	View PDF
2014-06	Jun 18, 2015	990	View PDF
...and four more Form 990 PDFs

Financials for AEB

Field	2018	2017	% Change
Federated campaigns	$0	$0
Membership dues	$0	$0
Fundraising event contributions	$0	$0
Related organizations	$0	$0
Government grants (contributions)	$0	$0
Normal grants, contributions, etc.	$885	$725	22.1%
<em>Non-cash contributions included in above</em>	$0	$0
Total grants, contributions, etc.	$885	$725	22.1%

Field	2018	2017	% Change
Total grants, contributions, etc.	$885	$725	22.1%
Program services	$7,174,343	$6,928,947	3.5%
Investment income and dividends	$203,427	$193,367	5.2%
Tax-exempt bond proceeds	$0	$0
Royalty revenue	$0	$0
Net rental income	$0	$0
Net gain from sale of non-inventory assets	$43,638	$-3,780	1254.4%
Net income from fundraising events	$0	$0
Net income from gaming activities	$0	$0
Net income from sales of inventory	$0	$0
Miscellaneous revenues	$0	$0
Total revenues	$7,422,293	$7,119,259	4.3%

Field	2018	2017	% Change
Grants to govts. and orgs. in USA	$11,495	$169,241	-93.2%
Grants to individuals in USA	$0	$0
Grants to govts., orgs., and individuals outside USA	$0	$0
Benefits paid to or for members	$0	$0
Compensation of current officers, etc.	$0	$0
Compensation not included above, to disqualified persons	$0	$0
Non-officer salaries and wages	$4,045,002	$3,508,241	15.3%
Pension/retirement accruals and contributions	$0	$0
Other employee benefits	$0	$0
Payroll taxes	$0	$0
Management fees	$0	$0
Legal fees	$16,272	$29,398	-44.6%
Accounting fees	$3,480	$4,031	-13.7%
Lobbying fees	$0	$0
Pro. fundraising fees	$0	$0
Investment mgmt fees	$65,740	$52,268	25.8%
Other fee-for-service	$174,436	$103,090	69.2%
Advertising and promotion	$80,204	$82,671	-3.0%
Office expenses	$43,871	$33,147	32.4%
Information tech. expenses	$144,582	$84,086	71.9%
Royalty expenses	$0	$0
Occupancy	$149,577	$101,132	47.9%
Travel	$31,667	$23,306	35.9%
Public official travel and entertainment	$0	$0
Conferences, meetings, etc.	$93,962	$97,436	-3.6%
Interest	$0	$0
Payments to affiliates	$0	$0
Depreciation, amortization, etc.	$202,778	$208,996	-3.0%
Insurance	$118,606	$138,873	-14.6%
All other expenses	$1,786,121	$1,882,952	-5.1%
Total expenses	$6,967,793	$6,518,868	6.9%

Field	2018	2017	% Change
Cash (non-interest-bearing)	$194,042	$685,093	-71.7%
Savings, short-term investments, etc.	$992,726	$653,156	52.0%
Pledges and grants receivable	$0	$0
Accounts receivable	$779,598	$457,713	70.3%
Loans receivable from officers, directors, etc.	$0	$0
Loans receivable from other disqualified persons	$0	$0
Notes and loans receivable	$0	$0
Inventories for use	$0	$0
Prepaid expenses and deferred charges	$0	$0
Buildings, equipment, etc. post-depreciation	$983,506	$999,268	-1.6%
Investments, publicly traded securities	$10,035,736	$9,064,150	10.7%
Investments, other securities	$0	$0
Investments, program-related	$0	$0
Intangible assets	$0	$0
Other assets	$3,900	$7,900	-50.6%
Total assets	$12,989,508	$11,867,280	9.5%

Field	2018	2017	% Change
Accounts payable and accrued expenses	$427,116	$472,776	-9.7%
Grants payable	$0	$0
Deferred revenue	$0	$0
Tax-exempt bond liabilities	$0	$0
Escrow or custodial account liability	$0	$0
Loans payable to officers and disqualified persons	$0	$0
Secured mortgages and notes payable to unrelated third parties	$0	$0
Unsecured notes and loans payable to unrelated third parties	$0	$0
Other liabilities	$0	$0
Total liabilities	$427,116	$472,776	-9.7%

Field	2018	2017	% Change
Unrestricted net assets	$12,524,925	$11,358,947	10.3%
Temporarily restricted net assets	$37,467	$35,557	5.4%
Permanently restricted net assets	$0	$0

Vendors for AEB

Vendor	Services	Date
Kimbia	Fundraising software	2020-06-24
███████ ███ ████	Fundraising software; Payment processing	2020-06-24
█████████	Content management system software	2020-06-24
███████ █████████	Tax accounting	2018-12-17
█████████ ████████	Software	2018-10-11

Personnel at AEB

Name	Title	Compensation	Most recent data
Doyce Williams	President and Chief Executive	-	Aug. 7, 2019
Mavin Kyle	Chief Technical Officer	$130,295	June 30, 2018
██████ ███	Chief Administrative Officer and and [email protected] Has	-	Aug. 7, 2019
████ ██████ ████	Chief Clinical Officer and and [email protected] Joined Aeb in 2015 and Has	-	Aug. 7, 2019
████ ██████ ████	Executive Director	-	Aug. 7, 2019
███████ ███████	Medical Director	$0	June 30, 2018
█████ ████	Past Executive Director	$174,746	June 30, 2018
███ ██████	Past Chief Administative / Chief Administrative Officer	$127,716	June 30, 2018
████████ █████	Past Chief Executive Officer	$267,039	July 22, 2018
█████ █████	Treasurer	$0	June 30, 2018
...and five more key personnel

Peer organ and tissue banks

	Name	Type	Revenue	Location
1	Keralink International (TBI)	501(c)(3)	$15 million	Baltimore, MD
2	San Diego Eye Bank (SDEB)	501(c)(3)	$6.1 million	San Diego, CA
3	Old Dominion Eye Foundation (ODEF)	501(c)(3)	$2.3 million	Richmond, VA
4	Connecticut Eye Bank and Visual Research Foundation	501(c)(3)	$1.8 million	New Britain, CT
5	East Tennessee Lions Eye Bank	501(c)(3)	$2.0 million	Knoxville, TN
6	Saving Sight	501(c)(3)	$8.1 million	Kansas City, MO
7	Eversight	501(c)(3)	$22 million	Ann Arbor, MI
8	Sightlife	501(c)(3)	$24 million	Seattle, WA
9	LifeCenter Organ Donor Network	501(c)(3)	$15 million	Cincinnati, OH
10	Gift of Life Family House	501(c)(3)	$3.7 million	Philadelphia, PA
11	San Jose Mothers' Milk Bank	501(c)(3)	$2.8 million	San Jose, CA
12	ConnectLife	501(c)(3)	$29 million	Williamsville, NY
13	Iowa Donor Network (IDN)	501(c)(3)	$27 million	North Liberty, IA
14	GenCure	501(c)(3)	$9.0 million	San Antonio, TX
15	Miracles in Sight	501(c)(3)	$9.0 million	Winston Salem, NC
16	Louisiana Organ Procurement Agency (LOPA)	501(c)(3)	$29 million	Covington, LA
17	California Transplant Services	501(c)(3)	$1.9 million	Carlsbad, CA
18	The Icla Da Silva Foundation	501(c)(3)	$2.0 million	New York, NY
19	Lifeline of Ohio Organ Procurement	501(c)(3)	$26 million	Columbus, OH
20	Live on Nebraska (NORS)	501(c)(3)	$12 million	Omaha, NE
21	Gift of Life Marrow Registry	501(c)(3)	$10 million	Boca Raton, FL
22	Center for Donation and Transplant (CDT)	501(c)(3)	$7.4 million	Albany, NY
23	LifeShare Transplant Donor Services of Oklahoma	501(c)(3)	$31 million	Oklahoma City, OK
24	Rocky Mountain Lions Eye Bank	501(c)(3)	$6.8 million	Aurora, CO
25	Cincinnati Eye Bank for Sight Restoration	501(c)(3)	$1.8 million	Cincinnati, OH

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Cause IQ organization profile

Alabama Eye Bank (AEB)

Program areas at AEB

Form 990s for AEB

Financials for AEB

Vendors for AEB

Personnel at AEB

Peer organ and tissue banks

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