OneSight reports that it is dedicated to creating a world where lack of access to vision care is no longer a barrier. The organization provides one-week charitable clinics, operates long-term self-sustaining vision centers, and delivers eye exams and glasses to underserved populations throughout the United States and around the world. In 2018, OneSight reports that it conducted 14 clinics in 11 countries helping almost 47,800 people.
For the year ended December 31, 2019, OneSight's program expenses were:
Sustainable developing markets |
$4,788,867 |
Global clinics |
$3,546,602 |
Regional clinics |
$2,283,426 |
In-store programs |
$1,254,254 |
Sustainable developed markets |
$930,381 |
Volunteer coordination |
$873,202 |
Resource center operations |
$748,688 |
Outreach |
$249,626 |
Total Program Expenses: |
$14,675,046 |
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Chief Executive
Katherine Overbey, President and Executive Director
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Compensation*
$297,678
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Chair of the Board
Lukas Ruecker
-
Chair's Profession / Business Affiliation
President, EyeMed Vision Care
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Board Size
9
-
Paid Staff Size
45
*2019 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Note: Mike Smith, Senior Director of Global Operations, was the highest paid employee, receiving $302,143 in compensation.
Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Invitations to fund raising events, Other
Fundraising costs were 9% of related contributions. (Related contributions, which totaled $18,809,829, are donations received as a result of fundraising activities.)
This organization is tax-exempt under section 501(c) (3) of the Internal Revenue Code.It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on OneSight's audited financial statements for the year ended December 31, 2019.
Source of Funds |
Corporate giving |
$9,563,842 |
Individual giving |
$7,047,321 |
Investment return, net |
$1,959,407 |
In-kind contributions |
$1,725,692 |
Special events |
$428,022 |
Other income |
$210,564 |
Grants |
$44,952 |
Total Income |
$20,979,800 |
- Programs: 77%
- Administrative: 15%
- Fundraising: 8%
Total Income |
$20,979,800 |
Program expenses |
$14,675,046 |
Fundraising expenses |
$1,649,807 |
Administrative expenses |
$2,941,402 |
Other expenses |
$0 |
Total expenses: |
$19,266,255 |
Income in Excess of Expenses |
$1,713,545 |
Beginning Net Assets |
$23,922,289 |
Other Changes In Net Assets |
$0 |
Ending Net Assets |
$25,635,834 |
Total Liabilities |
$2,552,219 |
Total Assets |
$28,188,053 |
Note: According to OneSight's audited financial statements for the year ended December 31, 2019, the organization received in-kind contributions of $1,725,692 in the form of glasses and related manufacturing ($1,253,853), inventory ($325,483), office space ($73,200), and manufacturing facility space ($73,156).