Nonprofit · EIN 63-0880135
PRECISION OCULAR NETWORK
Tax-exempt · BIRMINGHAM, AL 35209
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $15,234,341 | $15,485,631 | -$251,290 | $17,366,590 | $2,506,533 | $14,860,057 |
| June 30, 2024 | 990 | $14,585,187 | $14,627,408 | -$42,221 | $17,761,580 | $3,121,404 | $14,640,176 |
| June 30, 2023 | 990 | $13,551,297 | $14,025,002 | -$473,705 | $17,064,797 | $3,053,516 | $14,011,281 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $414,975
- Program service revenue
- $12,687,987
- Investment income
- $813,738
- Net rental income
- $4,500
- Net gain from sales of assets
- $300,734
- Other revenue
- $1,317,641
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $838,545
- Salaries, compensation and benefits (total)
- $9,723,611
- Professional fundraising fees
- $0
- Legal fees
- $21,760
- Accounting fees
- $27,352
- Occupancy
- $273,387
- Travel
- $131,626
- Depreciation
- $712,029
- Program services (functional)
- $11,657,001
- Management and general (functional)
- $3,636,530
- Fundraising (functional)
- $192,100
Balance sheet and other
- Total assets, start of year
- $17,761,580
- Total assets, end of year
- $17,366,590
- Total liabilities, end of year
- $2,506,533
- Net assets, end of year
- $14,860,057
- Land, buildings and equipment
- $3,887,057
- Publicly traded securities
- $9,613,622
- Net assets without donor restrictions
- $14,492,213
- Net assets with donor restrictions
- $367,844
- Gross receipts
- $17,126,196
- Employees
- 141
- Volunteers
- 15
- Year formed
- 1970
- State of legal domicile
- AL
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 | Other / benefits |
|---|---|---|---|---|
| ALAN BLAKE | PRESIDENT/ CEO Officer | 45 | $325,063 | $53,726 |
| KYLE MAVIN | CHIEF CLINICAL OFFICER Officer | 45 | $188,429 | $34,805 |
| TERESA HAM | CHIEF ADMINISTRATIVE OFFIC Officer | 45 | $168,699 | $37,226 |
| GREG GROSSMAN | CHIEF SCIENTIFIC OFFICER Officer | 45 | $156,355 | $31,871 |
| PETER HOLBY | CHAIRMAN Trustee or director, Officer | 4 | $0 | $0 |
| GREG DAVIS | VICE CHAIRMAN Trustee or director, Officer | 4 | $0 | $0 |
| JAMES FREEMAN | SECRETARY/ ASSOCIATE MEDIC Trustee or director, Officer | 4 | $0 | $0 |
| ROBERT FIELD | TREASURER Trustee or director, Officer | 4 | $0 | $0 |
| TYLER HALL | MEDICAL DIRECTOR Trustee or director, Officer | 4 | $0 | $0 |
| KRISTIN BAINS | ASSOCIATE MEDICAL DIRECTOR Trustee or director, Officer | 4 | $0 | $0 |
| LEE CLANTON | MEMBER Trustee or director | 4 | $0 | $0 |
| WILLIAM COUNCE | MEMBER Trustee or director | 4 | $0 | $0 |
| RAEGAN DURANT | MEMBER Trustee or director | 4 | $0 | $0 |
| PRISCILLA FOWLER | MEMBER Trustee or director | 4 | $0 | $0 |
| JOHN FREEMAN | MEMBER Trustee or director | 4 | $0 | $0 |
4 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CLIFFORD HENDRICKS | MEMBER Trustee or director | 4 | $0 |
| ROBERT MALLETTE | MEMBER Trustee or director | 4 | $0 |
| ROBERT PHILLIPS | MEMBER Trustee or director | 4 | $0 |
| SHAH PULIN | MEMBER Trustee or director | 4 | $0 |
990 for the year ended June 30, 2024: 19 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ALLEN BLAKE | PRESIDENT/ CEO Officer | 45 | $290,953 | $53,075 |
| KYLE MAVIN | CHIEF CLINICAL OFFICER Officer | 45 | $188,123 | $40,604 |
| TERESA HAM | CHIEF ADMINISTRATIVE OFFIC Officer | 45 | $153,589 | $39,552 |
| GREG GROSSMAN | CHIEF SCIENTIFIC OFFICER Officer | 45 | $142,860 | $27,221 |
| PETER HOLBY | CHAIRMAN Trustee or director, Officer | 4 | $0 | $0 |
| GREG DAVIS | VICE CHAIRMAN Trustee or director, Officer | 4 | $0 | $0 |
| JAMES FREEMAN | SECRETARY/ ASSOCIATE MEDIC Trustee or director, Officer | 4 | $0 | $0 |
| ROBERT FIELD | TREASURER Trustee or director, Officer | 4 | $0 | $0 |
| TYLER HALL | MEDICAL DIRECTOR Trustee or director, Officer | 4 | $0 | $0 |
| KRISTIN BAINS | ASSOCIATE MEDICAL DIRECTOR Trustee or director, Officer | 4 | $0 | $0 |
| LEE CLANTON | MEMBER Trustee or director | 4 | $0 | $0 |
| WILLIAM COUNCE | MEMBER Trustee or director | 4 | $0 | $0 |
| RAEGAN DURANT | MEMBER Trustee or director | 4 | $0 | $0 |
| PRISCILLA FOWLER | MEMBER Trustee or director | 4 | $0 | $0 |
| JOHN FREEMAN | MEMBER Trustee or director | 4 | $0 | $0 |
| CLIFFORD HENDRICKS | MEMBER Trustee or director | 4 | $0 | $0 |
| ROBERT MALLETTE | MEMBER Trustee or director | 4 | $0 | $0 |
| ROBERT PHILLIPS | MEMBER Trustee or director | 4 | $0 | $0 |
| SHAH PULIN | MEMBER Trustee or director | 4 | $0 | $0 |
990 for the year ended June 30, 2023: 20 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ALLEN BLAKE | PRESIDENT/ CEO Officer | 45 | $286,348 | $49,218 |
| KYLE MAVIN | CHIEF CLINICAL OFFICER Officer | 45 | $199,686 | $40,252 |
| TERESA HAM | CHIEF ADMINISTRATIVE OFFIC Officer | 45 | $158,359 | $39,939 |
| GREG GROSSMAN | CHIEF SCIENTIFIC OFFICER Officer | 45 | $146,974 | $26,593 |
| TOM CATTELL | SENIOR VICE PRESIDENT OF I Officer | 45 | $126,049 | $36,048 |
| ROBERT PHILLIPS | CHAIRMAN Trustee or director, Officer | 4 | $0 | $0 |
| KRISTIN BAINS | VICE CHAIRMAN Trustee or director, Officer | 4 | $0 | $0 |
| TYLER HALL | SECRETARY/ ASSOCIATE MEDIC Trustee or director, Officer | 4 | $0 | $0 |
| PETER HOLBY | TREASURER Trustee or director, Officer | 4 | $0 | $0 |
| ROSWELL PFISTER | MEDICAL DIRECTOR Trustee or director, Officer | 4 | $0 | $0 |
| WILLIAM COUNCE | MEMBER Trustee or director | 4 | $0 | $0 |
| GREG DAVIS | MEMBER Trustee or director | 4 | $0 | $0 |
| RAEGAN DURANT | MEMBER Trustee or director | 4 | $0 | $0 |
| ROBERT FIELD | MEMBER Trustee or director | 4 | $0 | $0 |
| PRISCILLA FOWLER | MEMBER Trustee or director | 4 | $0 | $0 |
| JAMES FREEMAN | MEMBER Trustee or director | 4 | $0 | $0 |
| JOHN FREEMAN | MEMBER Trustee or director | 4 | $0 | $0 |
| CLIFFORD HENDRICKS | MEMBER Trustee or director | 4 | $0 | $0 |
| ROBERT MALLETTE | MEMBER Trustee or director | 4 | $0 | $0 |
| SHAH PULIN | MEMBER Trustee or director | 4 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 500 ROBERT JEMISON RD, BIRMINGHAM, AL 35209-3070
- Principal officer (990 for 2024)
- TERESA HAM, 500 ROBERT JEMISON ROAD, BIRMINGHAM, AL 35209
- Signed the 990
- TERESA HAM, CHIEF ADMINISTRATIVE OFFICER
- Phone
- (205) 942-2120
- Website
- HTTPS://ADVANCINGSIGHT.ORG/
- Return prepared by
- BORLAND BENEFIELD PC
Mission
WE ENHANCE LIVES BY RESTORING EYESIGHT IN OUR LOCAL AND GLOBAL COMMUNITIES THROUGH A NETWORK OF PARTNERSHIPS.
Program accomplishments
- OUR MISSION IS THE RESTORATION OF SIGHT THROUGH TIMELY RECOVERY, PRECISION PROCESSING, AND EFFICIENT DISTRIBUTION OF THE HIGHEST QUALITY EYE TISSUES FOR TRANSPLANTATION, RESEARCH, AND TRAINING.Expenses $11,657,001 · revenue $14,005,628
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | Check at the IRS |
| 2023 | December 31, 2023 | May 15, 2024 | Check at the IRS |
IRS record
- EIN
- 63-0880135
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1985
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $17,366,590
- Income (IRS master file)
- $17,126,196
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $15,234,341 | $15,485,631 | $17,366,590 | XML |
| 990 | June 2024 | $14,585,187 | $14,627,408 | $17,761,580 | XML |
| 990 | June 2023 | $13,551,297 | $14,025,002 | $17,064,797 | XML |
| 990 | June 2022 | $13,312,394 | $11,995,330 | $16,847,283 | IRS |
| 990 | June 2021 | – | – | – | 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 63-0880135).
Questions about PRECISION OCULAR NETWORK
- What is the EIN of PRECISION OCULAR NETWORK?
- The employer identification number (EIN) of PRECISION OCULAR NETWORK is 63-0880135.
- Is PRECISION OCULAR NETWORK tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1985.
- Are donations to PRECISION OCULAR NETWORK tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PRECISION OCULAR NETWORK 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 PRECISION OCULAR NETWORK due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PRECISION OCULAR NETWORK 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 PRECISION OCULAR NETWORK?
- The 990 for the year ended June 30, 2025 names TERESA HAM.
- Who are the officers and directors of PRECISION OCULAR NETWORK?
- The 990 for the year ended June 30, 2025 lists 19 people; 4 received compensation from the organization, the highest $325,063 (ALAN BLAKE, PRESIDENT/ CEO).
- How much revenue does PRECISION OCULAR NETWORK have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $15,234,341, expenses of $15,485,631 and total assets of $17,366,590 at year end.
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