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SOUTHERN EYE BANK FOUNDATION

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Public IRS 990 nonprofit record

SOUTHERN EYE BANK FOUNDATION

EIN 72-0502570 · Single Organization Support (T11)

What they do

THE SOUTHERN EYE BANK FOUNDATION SUPPORTS THE GREATER NEW ORLEANS FOUNDATION (GNOF), A COMMUNITY FOUNDATION, and OTHER PUBLIC CHARITIES THAT PROMOTE and ACHIEVE THE GOALS of GNOF, WHICH GOALS INCLUDE THE ENRICHMENT of LIFE IN THE GREATER NEW ORLEANS (CONTINUED ON SCH. O) AREA BY SERVING AS A CONDUIT for DONATIONS DEDICATED to IMPROVE THE COMMUNITY, and PARTICULARLY, NON-PROFIT ORGANIZATIONS THAT WORK to SUPPORT THE ENHANCEMENT of VISION and EYECARE and RELATED SERVICES for RESIDENTS IN SOUTHEAST LOUISIANA.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $73.80 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders15 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

91.45%of revenue went to mission work73.8% of expenses · Program services
$124.00spent for every $100 of revenueSpending was higher than revenue this year.
32.55%of revenue went to management and office costs26.2% of expenses
$23.26in assets for every $1 spent this yearSome assets cannot be spent right away.
0.2%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $97,075 this year. Ask whether that was planned or caused by a one-time event.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$404,488
Mission workProgram services$369,92091.45% of revenue73.8% of expenses
ManagementOffice and general costs$131,64332.55% of revenue26.2% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Total expenses$501,563124.00% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2024CurrentExpense mix: 73.8% mission · 26.2% management · 0.0% fundraisingTotal expenses: 124.00% of revenue
2023Expense mix: 79.5% mission · 20.5% management · 0.0% fundraisingTotal expenses: 273.12% of revenue
2022Expense mix: 89.8% mission · 10.2% management · 0.0% fundraisingTotal expenses: 41.11% of revenue
2021Expense mix: 91.1% mission · 8.9% management · 0.0% fundraisingTotal expenses: 78.15% of revenue
2020Expense mix: 90.9% mission · 9.1% management · 0.0% fundraisingTotal expenses: 107.81% of revenue
2019Expense mix: 93.1% mission · 6.9% management · 0.0% fundraisingTotal expenses: 89.72% of revenue
2018Expense mix: 91.3% mission · 8.7% management · 0.0% fundraisingTotal expenses: 88.64% of revenue
2017Expense mix: 91.2% mission · 8.8% management · 0.0% fundraisingTotal expenses: 89.83% of revenue

Money in and money out

Revenue$404,488
Expenses$501,563
Annual shortfall $97,075 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$369,920 · 73.8% of expenses
Management and office costs$131,643 · 26.2% of expenses
See all reported dollar amounts
Revenue$404,488
Expenses$501,563
Assets$11,666,403
Income$2,812,479
Contributions$1,000
Mission work (program services)$369,920
Grants given$1,419,094
Average grant$41,738
Management and general$131,643
Stocks and bonds$10,867,906
Investing fees$46,433
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (15)

BELVA MISSHORE-PICHONBOARD MEMBER

BRUCE BARRON MDBOARD MEMBER

CHARLES F SEEMAN IIISECRETARY

CLE DABEZIESTREASURER

CLIFFORD A HENDRICKS III MDBOARD MEMBER

DAVID KENNEDY MDVICE PRESIDENT

FATHER JAMES CARTERBOARD MEMBER

GINNY KULLMAN MDBOARD MEMBER

HON CAMILLE BURAS-TIFFTPRESIDENT

MARIA BERNAL MDBOARD MEMBER

MAURICE GAUDET IVBOARD MEMBER

PETER SPERLINGBOARD MEMBER

PETER KASTL MDBOARD MEMBER

PULIN SHAH MDBOARD MEMBER

REBECCA METZINGER MDBOARD MEMBER

About this charity

Recognized since
January 2023
Location
919 ST CHARLES AVENUE, NEW ORLEANS, LA 70130
County
Orleans
In care of
DAVID KENNEDY MD
Primary officer
DAVID KENNEDY MD, VICE PRESIDENT

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
Tax preparer
LAPORTE APAC
NTEE classification
Single Organization Support (T11)
IRS tax category
Single Organization Support
Grant-giving organization
Yes

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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