Foundation For Opthalmalic Research And Education
- Assets
- $204.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Detroit, MI
- Founding
- 09/2002
- Data as of
- 12/2022
- EIN
- 38-3562965
Organization Overview
Foundation For Opthalmalic Research And Education is located in Detroit, MI. The organization was established in 2002. According to its NTEE Classification (H05) the organization is classified as: Research Institutes & Public Policy Analysis, 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. Foundation For Opthalmalic Research And Education 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, Foundation For Opthalmalic Research And Education generated $1.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (44.5%) each year. All expenses for the organization totaled $37.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
MEDICAL RESEARCH, EDUCATION AND CHARITABLE ENDEAVORS IN THE FIELD OF OPHTHALMOLOGY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gary Abrams MD President/co | 1 | $0 | |
Mark Juzych MD Chairman/ceo | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $1,560 |
| Membership dues | $0 |
| Investment income | $41 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $1,601 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $7,334 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $30,392 |
| Total expenses | $37,726 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $204,263 |
| Other assets | $0 |
| Total assets | $204,263 |
| Total liabilities | $0 |
| Net assets or fund balances | $204,263 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Society For Research On Nicotine And Tobacco Madison, WI | $1,530,995 | $1,343,536 |
Heartland Health Research Alliance Ltd Brookfield, WI | $249,427 | $1,145,446 |
Dayton Veterans Affairs Research And Education Foundation Dayton, OH | $508,514 | $194,778 |
Ginther Eutherian Foundation Inc Cross Plains, WI | $18,161 | $83,213 |
Foundation For Opthalmalic Research And Education Detroit, MI | $204,263 | $0 |
Growing Spine Foundation Milwaukee, WI | $0 | $94,880 |
Exposing Mold Inc Mukwonago, WI | $0 | $6,060 |
Upg Services Detroit, MI | $0 | $0 |