Eye Research Foundation
- Assets
- $771.3k
- Revenue
- $62.2k
- Investments
- $762.7k
- Employees
- 0
- Location
- Jacksonville, FL
- Founding
- 10/1971
- Data as of
- 12/2022
- EIN
- 23-7132385
Organization Overview
Eye Research Foundation is located in Jacksonville, FL. The organization was established in 1971. According to its NTEE Classification (H41) the organization is classified as: Eye Diseases, Blindness & Vision Impairments Research, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Eye Research Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Eye Research Foundation generated $62.2k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $108.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Eye Research Foundation has awarded 24 individual grants totaling $200,573. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Fred Seely Exec. Dir. | 0 | $13,000 | |
Wj Knauer III MD Chairman | 0 | $0 | |
Deborah Knauer ESQ Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,591 |
| Interest on Savings | $5,938 |
| Dividends & Interest | $21,152 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $32,538 |
| Capital Gain Net Income | $32,538 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $62,219 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $13,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $621 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,089 |
| Printing and publications | $0 |
| Other expenses | $15,033 |
| Total operating and administrative expenses | $39,123 |
| Contributions, gifts, grants paid | $69,500 |
| Total expenses and disbursements | $108,623 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,588 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $771,319 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $587 |
| Total liabilities | $587 |
Grants Awarded
Over the last fiscal year, Eye Research Foundation has awarded $69,500 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
BROOKS REHABILITATION PURPOSE: UNRESTRICTED | $23,000 |
VISION IS PRICELESS PURPOSE: UNRESTRICTED | $23,000 |
BARNABAS CENTER PURPOSE: UNRESTRICTED | $23,000 |
UNIVERSITY OF NORTH FLORIDA PURPOSE: UNRESTRICTED | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ophthalmology Research Foundation Inc Miami, FL | $75,827,274 | $3,013,509 |
Odylia Therapeutics Inc Atlanta, GA | $10,021,651 | $1,098,401 |
Helen Keller Foundation For Research & Education Inc Birmingham, AL | $40,015 | $416,371 |
Eye Research Foundation Jacksonville, FL | $771,319 | $62,219 |
Ocular Surface Research & Education Foundation Inc Tampa, FL | $28,522 | $0 |
Vitreoretinal And Macula Research Foundation Inc Tampa, FL | $894,630 | -$20,639 |
Advanced Retinal Therapeutics Institute Pensacola, FL | $6,258 | $0 |
Gulani Vison Global Foundation Inc Jacksonville, FL | $97,240 | $58,151 |
Retina Care Research Institute Of Florida Inc Palm Beach Gardens, FL | $100,017 | $0 |
Hallandale Beach Eye Foundation Corp Hollywood, FL | $0 | $0 |