Ok, some stats I pulled off the info sheet of the LED.
@vk6kro Forward Voltage: 1.2 typical, 2.0 maximum. Tested at 20mA
@Topher925: 940 nm
Don't know if this helps, but the Continuous Forward Current is rated at 50mA
Also, @dlgoff, yours is probably to be the most likely option -_-...