EYE OF A NEEDLE FOUNDATION INC

Address
PO BOX 2789
LA JOLLA, CA 92038
Contact
Nonprofit
NTEE: G41 - Eye Diseases, Blindness and Vision Impairments
EIN: 27-5101748

Mission

THEIR MISSION IS TO DISTRIBUTE CHARITABLE FUNDS TO POOR PERSONS AND ORGANIZATIONS THAT SUPPORT POOR PERSONS WORLDWIDE.
 201720162015
Basic features of the organization
Subsection501(c)(3)
Organization typeCorporation
Metropolitan statistical area7320
Human resources, including compensation
Summary compensation info
Number of employees000
Personnel
Arroyo, Andrew
TitlePRESIDENTPRESIDENTPRESIDENT
Name of key/compensated personANDREW ARROYOANDREW ARROYOANDREW ARROYO
Average hours per week working for org10.00  
Reportable compensation from org$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00
PositionIndividual trustee or director, OfficerIndividual trustee or director, OfficerIndividual trustee or director, Officer
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
Purpose: mission, activities & accomplishments
Mission or significant activitiesTHEIR MISSION IS TO DISTRIBUTE CHARITABLE FUNDS TO POOR PERSONS AND ORGANIZATIONS THAT SUPPORT POOR PERSONS WORLDWIDE.THEIR MISSION IS TO DISTRIBUTE CHARITABLE FUNDS TO POOR PERSONS AND ORGANIZATIONS THAT SUPPORT POOR PERSONS WORLDWIDE.THEIR MISSION IS TO DISTRIBUTE CHARITABLE FUNDS TO POOR PERSONS AND ORGANIZATIONS THAT SUPPORT POOR PERSONS WORLDWIDE.
Program expenses (total)$574,985.00$499,970.00$210,098.00
Programs, including revenue & expenses
EXPENSES INCURRED WERE TO ACCOMPLISH THE TAX EXEMPT STATUS UNDER SECTION 501(C) (3)
Program expenses$430,893.00$345,703.00$107,122.00
Program descriptionEXPENSES INCURRED WERE TO ACCOMPLISH THE TAX EXEMPT STATUS UNDER SECTION 501(C) (3)EXPENSES INCURRED WERE TO ACCOMPLISH THE TAX EXEMPT STATUS UNDER SECTION 501(C) (3)EXPENSES INCURRED WERE TO ACCOMPLISH THE TAX EXEMPT STATUS UNDER SECTION 501(C) (3)
Financial data
Expense categories (totals)
Sum (total functional expenses)$586,936.00$501,999.00$212,997.00
Program services (total functional expenses)$574,985.00$499,970.00$210,098.00
Management & general (total functional expenses)$11,951.00$2,029.00$2,149.00
Fundraising (total functional expenses)$0.00$0.00$750.00
Revenue
Total revenue$619,366.00$500,834.00$197,537.00
Program service revenue (total)  $0.00
Revenue from contributions (total)$619,366.00$500,834.00$197,537.00
Revenue from noncash contributions$425,247.00  
Investment income$0.00$0.00$0.00
Total unrelated business revenue$0.00$0.00$0.00
Other revenue, current yr$0.00$0.00$0.00
Total revenue from grants, etc., current yr$619,366.00$500,834.00$197,537.00
Gross receipts$619,366.00$500,834.00$197,537.00
Sources of contributions
Revenue from all other contributions$619,366.00$500,834.00$197,537.00
Other types of revenue
Net rental income  $0.00
Fees for services
Legal fees (total) $1,000.00 
Fundraising service fees (total)$0.00$0.00$750.00
Accounting service fees (total)$2,275.00$760.00$894.00
Assets and liabilities
Total assets$47,401.00$15,777.00$17,181.00
Total assets, beginning of year$15,777.00$17,181.00$28,872.00
Total liabilities$3,717.00$4,523.00$4,762.00
Total liabilities, beginning of year$4,523.00$4,762.00$993.00
Net assets$43,684.00$11,254.00$12,419.00
Net assets, beginning of year$11,254.00$12,419.00$27,879.00
Other assets$17,219.00$800.00$413.00
Cash: non-interest bearing$19,356.00$1,221.00$16,768.00
Cash: non-interest bearing, beginning of year$1,221.00$16,768.00$28,872.00
Other financial variables
Revenue less expenses$32,430.00-$1,165.00-$15,460.00
Advertising (total)$430,893.00$345,703.00$107,122.00
Savings & temp cash investment$1,000.00  
Accounts payable & accrued expenses$3,717.00$4,523.00$4,762.00
Total net assets or fund balances$43,684.00$11,254.00$12,419.00
Depreciation, depletion, amortization$3,930.00$2,293.00 
Governance and accountability
Number of voting members222
Number of independent voting members220
Tax year start date2017-01-012016-01-012015-01-01
Tax year end date2017-12-312016-12-312015-12-31
Accounting methodAccrualAccrualAccrual
Metadata about the filing
E-return type990990990
Reason for form submission
Address changeTrue True
Date e-filing submitted2018-07-262017-08-072016-08-16
IRS schema version2017v2.32016v3.02015v2.1
Filing identifier201840869349300784201700599349300235201620629349300802
Use these data in your project Benchmark this organization against its peers