Virginia · Nonprofit
LIONS MEDICAL EYE BANK & RESEARCH CENTER OF EASTERN VIRGINIA INC
LIONS MEDICAL EYE BANK & RESEARCH CENTER OF EASTERN VIRGINIA INC (Virginia) receives grants from 3 organizations whose IRS filings report $38,604 to it, the largest being VIRGINIA EYE FOUNDATION ($38,000). 2 of them have funded it in more than one year.
- Revenue FY2025
- $2.7M
- Funders on record
- 3
- Grants received
- $39k
- Net assets
- $2.9M
What Lions Medical Eye Bank & Research Center of Eastern Virginia Inc does
Mission
The lions medical eye bank & research center of eastern virginia provides people the opportunity to donate ocular tissue, health care professionals the means to end blindness and patients the hope of clearly seeing form, color and motion.
As stated on its FY2025 Form 990.
Programs
The purpose of the organization is to provide safe, quality ocular tissue to health care professionals for restoration of sight through transplantation and research. Tissue is donated to the organization and processed, evaluated and distributed pursuant to guidelines issued by the fda, ebaa and other regulatory bodies. These functions include, but are not limited to, donor eligibility determination, tissue evaluation, storage and distribution. The eye bank provided 882 tissues for transplantation/implant and 134 tissues for research and education for the past fiscal year.
$2,042,618 spent$2,191,369 earned by the program90% of program spendingThe organization promotes ocular tissue donation through public and professional education. The eye bank conducted hundreds of professional in-services and lectures to public and professional organizations, to promote eye donation. Throughout the year the eye bank continues to be a model for us and international eye bank facilities. Research, such as examining and publishing the impact of covid-19 on the eye banking profession is ongoing.
$226,958 spent$243,485 earned by the program10% of program spending
The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $2,269,576.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $3.5M to $2.9M (−16%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2021 10%. Grants only. Government contracts and fees sit inside program revenue.
1% of LIONS MEDICAL EYE BANK & RESEARCH CENTER OF EASTERN VIRGINIA INC’s revenue is contributions — more earned-revenue than three-quarters of its peers (51% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
David Korroch
CEO
Board chair
Martin Joseph
Chairman
As listed on its FY2025 Form 990.
Who funds it, year by year
2018 → 2023: the base held at 1 funder, grant income fell $15k → $26.
1 of 3 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 0% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
Left out of every figure on this page: $18k from one payer (the payer shares this organization's board, largest Lions Charity Foundation of Southeastern Virginia Inc). These are real filings, and they are not money LIONS MEDICAL EYE BANK & RESEARCH CENTER OF EASTERN VIRGINIA INC raised.
From the IRS filings of LIONS MEDICAL EYE BANK & RESEARCH CENTER OF EASTERN VIRGINIA INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
LIONS MEDICAL EYE BANK & RESEARCH CENTER OF EASTERN VIRGINIA INC leans on a few funders — its largest provides 98% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
99% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund LIONS MEDICAL EYE BANK & RESEARCH CENTER OF EASTERN VIRGINIA INC.
Largest funder’s share by year: 2018 100% · 2019 100% · 2020 100% · 2021 100% · 2022 100% · 2023 100% — broadly stable.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
100% of LIONS MEDICAL EYE BANK & RESEARCH CENTER OF EASTERN VIRGINIA INC's grant income comes from Virginia funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $104 arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
LIONS MEDICAL EYE BANK & RESEARCH CENTER OF EASTERN VIRGINIA INC's revenue grew 19% between 2017 and 2025.
this organization peer median middle 50% of peers· 4,665 health nonprofits $1M–$10M, FY2025
Government funding LIONS MEDICAL EYE BANK & RESEARCH CENTER OF EASTERN VIRGINIA INC receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $624k on record.
- Department of Defense$624k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like LIONS MEDICAL EYE BANK & RESEARCH CENTER OF EASTERN VIRGINIA INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Virginia
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
84% of spending goes to programs.
Governance
Public support
48%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Screen this organization
A dated, signed PDF of the compliance screen for LIONS MEDICAL EYE BANK & RESEARCH CENTER OF EASTERN VIRGINIA INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds LIONS MEDICAL EYE BANK & RESEARCH CENTER OF EASTERN VIRGINIA INC?
- LIONS MEDICAL EYE BANK & RESEARCH CENTER OF EASTERN VIRGINIA INC (Virginia) receives grants from 3 organizations whose IRS filings report $38,604 to it, the largest being VIRGINIA EYE FOUNDATION ($38,000). 2 of them have funded it in more than one year.
- How many funders does LIONS MEDICAL EYE BANK & RESEARCH CENTER OF EASTERN VIRGINIA INC have?
- IRS filings report 3 organizations giving $38,604 in grants to LIONS MEDICAL EYE BANK & RESEARCH CENTER OF EASTERN VIRGINIA INC, 2 of which have funded it in more than one year.
- Who is the largest funder of LIONS MEDICAL EYE BANK & RESEARCH CENTER OF EASTERN VIRGINIA INC?
- VIRGINIA EYE FOUNDATION is the largest funder on record, with $38,000 in grants. The full list of funders is on this page.
- How can an organization like LIONS MEDICAL EYE BANK & RESEARCH CENTER OF EASTERN VIRGINIA INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Virginia. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Lions Medical Eye Bank & Research Center of Eastern Virginia →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 3 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing