Nonprofit · EIN 58-1463010
WORLD CATARACT FOUNDATION
Tax-exempt · MEMPHIS, TN 38117
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $598,328 | $587,803 | $10,525 | $1,432,442 | $3,030 | $1,429,412 |
| June 30, 2024 | 990 | $343,151 | $206,161 | $136,990 | $1,396,483 | $5,991 | $1,390,492 |
| June 30, 2023 | 990 (amended) | $148,861 | $136,619 | $12,242 | $1,259,424 | $3,207 | $1,256,217 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $467,814
- Program service revenue
- $0
- Investment income
- $60,354
- Net gain from sales of assets
- $16,287
- Net income from fundraising events
- $70,160
- Other revenue
- $70,160
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $83,000
- Salaries, compensation and benefits (total)
- $92,052
- Professional fundraising fees
- $0
- Accounting fees
- $6,500
- Occupancy
- $6,398
- Travel
- $63,468
- Program services (functional)
- $556,947
- Management and general (functional)
- $24,181
- Fundraising (functional)
- $6,675
Balance sheet and other
- Total assets, start of year
- $1,396,483
- Total assets, end of year
- $1,432,442
- Total liabilities, end of year
- $3,030
- Net assets, end of year
- $1,429,412
- Publicly traded securities
- $1,297,076
- Net assets without donor restrictions
- $1,391,912
- Net assets with donor restrictions
- $37,500
- Gross receipts
- $614,293
- Employees
- 1
- Volunteers
- 103
- Year formed
- 1980
- State of legal domicile
- TN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CRISTY BEECH | EXECUTIVE DIRECTOR Trustee or director | 40 | $83,000 |
| RALEIGH CRAWFORD | DIRECTOR Trustee or director | 0 | $0 |
| GIB WILSON | PRESIDENT Trustee or director | 0 | $0 |
| RICHARD MYERS | VICE PRESIDENT Trustee or director | 0 | $0 |
| DR CHRIS FLEMING | DIRECTOR Trustee or director | 0 | $0 |
| DR JOHN FREEMAN | TREASURER Trustee or director | 0 | $0 |
| DR KIMBERLY FREEMAN | DIRECTOR Trustee or director | 0 | $0 |
| PATRICIA A SHERMAN MSN RN | DIRECTOR Trustee or director | 0 | $0 |
| NANCY WILSON | DIRECTOR Trustee or director | 0 | $0 |
| NANCY COE | SIGHT NIGHT CHAIR Trustee or director | 0 | $0 |
| KEVIN FLOYD | SECRETARY Trustee or director | 0 | $0 |
| STEWART GALLOWAY MD | DIRECTOR Trustee or director | 0 | $0 |
| STEVE STERLING MD | DIRECTOR Trustee or director | 0 | $0 |
| ROBERT VESTAL MD | DIRECTOR Trustee or director | 0 | $0 |
990 for the year ended June 30, 2024: 17 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CRISTY BEECH | EXECUTIVE DI Trustee or director | 40 | $78,000 |
| PAT BEECH | DIRECTOR Trustee or director | – | $0 |
| NANCY COE | DIRECTOR Trustee or director | – | $0 |
| RALEIGH CRAWFORD | DIRECTOR Trustee or director | – | $0 |
| NOBLE CRIGLER | DIRECTOR Trustee or director | – | $0 |
| DR CHRIS FLEMING | DIRECTOR Trustee or director | – | $0 |
| KEVIN FLOYD | DIRECTOR Trustee or director | – | $0 |
| DR JOHN FREEMAN | DIRECTOR Trustee or director | – | $0 |
| DR KIMBERLY FREEMAN | SECRETARY Trustee or director | – | $0 |
| JERRE FREEMAN | DIRECTOR Trustee or director | – | $0 |
| RICHARD GRANT | DIRECTOR Trustee or director | – | $0 |
| DOW MCVEAN | DIRECTOR Trustee or director | – | $0 |
| SANDRA MORRIS | DIRECTOR Trustee or director | – | $0 |
| RICHARD MYERS | VICE PRESIDE Trustee or director | – | $0 |
| PATRICIA SHERMAN | DIRECTOR Trustee or director | – | $0 |
| GIB WILSON | PRESIDENT Trustee or director | – | $0 |
| NANCY WILSON | DIRECTOR Trustee or director | – | $0 |
990 for the year ended June 30, 2023: 18 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Cristy Beech | Executive Director Officer | 40 | $52,100 |
| Pat Beech | Director Trustee or director | 0 | $0 |
| Raleigh Crawford | Director Trustee or director | 0 | $0 |
| Gib Wilson | President Trustee or director, Officer | 0 | $0 |
| Richard Myers | Vice President Trustee or director, Officer | 0 | $0 |
| Nikki McVean | Secretary Trustee or director, Officer | 0 | $0 |
| David Cuicchi | Treasurer Trustee or director, Officer | 0 | $0 |
| Noble Crigler | Director Trustee or director | 0 | $0 |
| Dr Chris Fleming | Director Trustee or director | 0 | $0 |
| Jere M Freeman | Director Trustee or director | 0 | $0 |
| John Freeman MD | Director Trustee or director | 0 | $0 |
| Kimberly Freeman MD | Director Trustee or director | 0 | $0 |
| Richard Grant | Director Trustee or director | 0 | $0 |
| Lori Hudson | Director Trustee or director | 0 | $0 |
| Sandra Morris | Director Trustee or director | 0 | $0 |
| Dow McVean | Director Trustee or director | 0 | $0 |
| Patricia Sherman MSN RN | Director Trustee or director | 0 | $0 |
| Nancy Wilson | Director Trustee or director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 521 ERIN DRIVE 772897, MEMPHIS, TN 38117-4249
- Principal officer (990 for 2024)
- CRISTINA BEECH, 521 ERIN DRIVE 772897, MEMPHIS, TN 38117
- Signed the 990
- CRISTINA BEECH, EXECUTIVE DIRECTOR
- Phone
- (901) 295-2020
- Return prepared by
- REYNOLDS BONE & GRIESBECK PLC
Mission
THE WORLD CATARACT FOUNDATION PROVIDES HUMANITARIAN SERVICES HELPING THE WORLD TO SEE BY ELIMINATING CATARACT BLINDNESS THROUGH SURGERY, TRAINING AND EQUIPPING.
Program accomplishments
- FREE SURGERIES FOR PEOPLE SUFFERING FROM LOW VISION OR BLINDNESS FROM CATARACTS IN DEVELOPING COUNTRIES.Expenses $494,697
- FREE SURGERIES FOR PEOPLE SUFFERING FROM LOW VISION OR BLINDNESS FROM CATARACTS IN DEVELOPING COUNTRIES.Expenses $62,250
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 58-1463010
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1982
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Health care (E35Z)
- Assets (IRS master file)
- $1,432,442
- Income (IRS master file)
- $614,293
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $598,328 | $587,803 | $1,432,442 | XML |
| 990 | June 2024 | $343,151 | $206,161 | $1,396,483 | XML |
| 990 | June 2023 | $148,861 | $136,619 | $1,259,424 | XML |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 58-1463010).
Questions about WORLD CATARACT FOUNDATION
- What is the EIN of WORLD CATARACT FOUNDATION?
- The employer identification number (EIN) of WORLD CATARACT FOUNDATION is 58-1463010.
- Is WORLD CATARACT FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1982.
- Are donations to WORLD CATARACT FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does WORLD CATARACT FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of WORLD CATARACT FOUNDATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did WORLD CATARACT FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of WORLD CATARACT FOUNDATION?
- The 990 for the year ended June 30, 2025 names CRISTINA BEECH.
- Who are the officers and directors of WORLD CATARACT FOUNDATION?
- The 990 for the year ended June 30, 2025 lists 14 people; 1 received compensation from the organization, the highest $83,000 (CRISTY BEECH, EXECUTIVE DIRECTOR).
- How much revenue does WORLD CATARACT FOUNDATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $598,328, expenses of $587,803 and total assets of $1,432,442 at year end.
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