Civic Intelligence

Fund for Ophthalmic Knowledge Inc C/O David H Abramson MD

990 • Fiscal year 2016 • EIN 13-4171637

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 13, 2017

101 Central Park WestNew York, NY 10023

(212) 744-1700

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

22nd percentile

0.01x

Higher debt load relative to assets than 22% of similar nonprofits.

2016 filings • NTEE A • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

37th percentile

0.05x

Higher debt load relative to revenue than 37% of similar nonprofits.

2016 filings • NTEE A • $1M-$5M nonprofits • Source year 2016

Net Margin

9th percentile

-40%

Higher net margin than 9% of similar nonprofits.

2016 filings • NTEE A • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

33rd percentile

$0

Higher top officer pay than 33% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • NTEE A • $1M-$5M nonprofits • Source year 2016

Asset Growth

25th percentile

-4.2%

Faster asset growth than 25% of similar nonprofits.

2016 filings • NTEE A • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

5th percentile

-60%

Faster revenue growth than 5% of similar nonprofits.

2016 filings • NTEE A • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Down

$1,547,032

Down $67,805 (-4.2%) from 2015

Net Assets

Down

$1,538,817

Down $45,944 (-2.9%) from 2015

Liabilities

Down

$8,215

Down $21,861 (-73%) from 2015

Revenue

Down

$168,796

Down $250,148 (-60%) from 2015

Expenses

Down

$236,223

Down $210,864 (-47%) from 2015

Net Income

Down

-$67,427

Down $39,284 (-140%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$2.0M$1.5M$1.0M$500K$0Assets 2010: $1,740,160Liabilities 2010: $1,640Net Assets 2010: $1,738,5202010Assets 2011: $1,579,697Liabilities 2011: $0Net Assets 2011: $1,579,6972011Assets 2012: $1,531,585Liabilities 2012: $0Net Assets 2012: $1,531,5852012Assets 2013: $1,443,299Liabilities 2013: $350Net Assets 2013: $1,442,9492013Assets 2014: $1,686,054Liabilities 2014: $320Net Assets 2014: $1,685,7342014Assets 2015: $1,614,837Liabilities 2015: $30,076Net Assets 2015: $1,584,7612015Assets 2016: $1,547,032Liabilities 2016: $8,215Net Assets 2016: $1,538,8172016Assets 2017: $1,554,628Liabilities 2017: $8,976Net Assets 2017: $1,545,6522017Assets 2018: $1,267,942Liabilities 2018: $9,448Net Assets 2018: $1,258,4942018Assets 2019: $1,281,127Liabilities 2019: $12,516Net Assets 2019: $1,268,6112019Assets 2020: $1,222,644Liabilities 2020: $9,712Net Assets 2020: $1,212,9322020Assets 2021: $1,296,631Liabilities 2021: $7,022Net Assets 2021: $1,289,6092021Assets 2022: $965,576Liabilities 2022: $99,999Net Assets 2022: $865,5772022Assets 2023: $814,715Liabilities 2023: $70,975Net Assets 2023: $743,7402023Assets 2024: $776,581Liabilities 2024: $58,079Net Assets 2024: $718,5022024

Highlighted filing

2016

Assets$1,547,032
Liabilities$8,215
Net Assets$1,538,817

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KRevenue 2010: $479,973Expenses 2010: $488,766Net Income 2010: -$8,7932010Expenses 2011: $500,1082011Expenses 2012: $541,3932012Revenue 2013: $384,711Expenses 2013: $654,602Net Income 2013: -$269,8912013Revenue 2014: $518,057Expenses 2014: $259,116Net Income 2014: $258,9412014Revenue 2015: $418,944Expenses 2015: $447,087Net Income 2015: -$28,1432015Revenue 2016: $168,796Expenses 2016: $236,223Net Income 2016: -$67,4272016Revenue 2017: $213,415Expenses 2017: $313,822Net Income 2017: -$100,4072017Revenue 2018: $206,065Expenses 2018: $318,097Net Income 2018: -$112,0322018Revenue 2019: $159,430Expenses 2019: $294,025Net Income 2019: -$134,5952019Revenue 2020: $74,344Expenses 2020: $196,561Net Income 2020: -$122,2172020Revenue 2021: $183,014Expenses 2021: $139,882Net Income 2021: $43,1322021Revenue 2022: $104,640Expenses 2022: $255,319Net Income 2022: -$150,6792022Revenue 2023: $52,140Expenses 2023: $252,639Net Income 2023: -$200,4992023Revenue 2024: $69,628Expenses 2024: $135,928Net Income 2024: -$66,3002024

Highlighted filing

2016

Revenue$168,796
Expenses$236,223
Net Income-$67,427
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 13, 2017
Return Version
2016v3.0
Gross Receipts
$380,197
Mission and Program Overview

Mission

See statement on schedule o

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$1,318,696$1,373,663▲ $54,967
Cash and Non-Interest-Bearing Accounts$295,581$132,684▼ $162,897
Prepaid Expenses and Deferred Charges-$40,544-
Land, Buildings, and Equipment, Net$560$141▼ $419
Total Assets$1,614,837$1,547,032▼ $67,805
Other Assets Total$0$0→ $0
Liabilities
Other Liabilities$30,076$8,215▼ $21,861
Total Liabilities$30,076$8,215▼ $21,861
Net Assets / Fund Balance
Unrestricted Net Assets$1,571,561$1,530,617▼ $40,944
Temporarily Rstr Net Assets$13,200$8,200▼ $5,000
Total Net Assets Fund Balance$1,584,761$1,538,817▼ $45,944
Total Liabilities and Net Assets / Fund Balance$1,614,837$1,547,032▼ $67,805

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$141$5,729$5,870
Other Securities$1,373,663--
Compensation and Service Providers

Board Members and Trustees

NameTitle
David H Abramson MdDirector & President
Stephanie AbramsonDirector & Vice President
Allan Abramson MdDirector
Hilary Cruz-abrams BamphrnDirector
Joseph Gold MdDirector
Nicholas Grumbach MdDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$132,786
Program Service Revenue
$0
Investment Income
$36,010
Other Revenue
$0
All Other Contributions
$132,786
Change in Net Assets
$-67,427
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$202,957
Other Expenses$33,266
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$149,045--$149,045
Foreign Grants$30,000--$30,000
Fees for Services Accounting-$26,178-$26,178
Grants to Domestic Individuals$23,912--$23,912
Other Expenses-$1,116-$1,116
All Other Expenses-$752-$752
Depreciation Depletion-$419-$419
Total Functional Expenses$202,957$33,266$0$236,223
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Mt Sinai School of MedicineNew York, NY501(c)(3)$65,000 TO SUPPORT THE MT. SINAI CLINICAL GLAUCOMA FELLOWSHIP; $60,000 TO SUPPORT ONGOING RESEARCH OF SCOTT BRODIE, MD AT MOUNT SINAI SCHOOL OF MEDICINE (DEPARTMENT OF OPHTHALMOLOGY).$125,000
Memorial Sloan Kettering Cancer CenterNew York, NY501(c)(3)MEMORIAL SLOAN-KETTERING CANCER CENTER ("MSKCC") - FOR RESEARCH EQUIPMENT AND SUPPLIES ($17,673) AND DR. BERNARD PARK MD RESEARCH FUND IN CANCER ($1,800).$19,473
Memorial Sloan Kettering Cancer CenterNew York, NY501(c)(3)Paid to U.s. Company for Developing a Prosthetic Eye for Memorial Sloan Kettering Cancer Center.$4,572

International Summary

Offices
0
Employees
0
Spending
$30,000

International Compliance

Foreign grant records maintained
No
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
South AmericaSupport Clinical and Molecular Studies of Retinoblastoma Research-00$30,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
PROFESSIONAL FEES: ACCOUNTING$7,500
Credit Card Payable$440
State Filing Fee$275
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

David h. Abramson, m.d. And stephanie abramson are related by marriage. David h. Abramson, m.d. And allan abramson, m.d. Are brothers.

Form 990, Part VI, Section A, Line 8B

The organization does not maintain individual committees of the board. All actions are reviewed by the full board.

Form 990, Part VI, Section B, Line 11B

The form 990 will be distributed to the members of the board of directors as a matter of policy prior to it's being filed. Board members are required to review and approve the form 990 within seven days of receipt. Any questions raised are forwarded to the accountant for resolution.

Form 990, Part VI, Section B, Line 12C

To ensure that the fund operates in a manner consistent with its charitable purposes and does not engage in activities that could jeopardize its tax-exempt status, all officers and directors are required to complete conflict of interest questionnaire annually which is reviewed by the board to ensure no conflicts exist.

Form 990, Part VI, Section B, Line 15

No compensation has been made to any officers to date.

Form 990, Part VI, Section C, Line 19

The foundation makes its governing documents, conflict of interest policy, and financial statements available to the public upon written request.

Filing and Contact Details

Filer

Filer Name
Fund for Ophthalmic Knowledge Inc
EIN
13-4171637
Phone
2127441700
Address
101 CENTRAL PARK WEST, NEW YORK, NY 10023

Signing Officer

Name
David H Abramson Md
Title
President
Phone
2127441700
Signed
2017-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David H Abramson Md
Formed
2001
Legal Domicile
Ny
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
0

Preparer

Firm
Lachman & Lachman Llp
Address
444 MADISON AVENUE SUITE 301, NEW YORK, NY 10022
Preparer
Paul Lachman
Phone
2123718319
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

The process has not changed from prior years.

FORM 990, PART I, LINE 1 & PART III, LINE 1:

The fund for ophthalmic knowledge, inc. (the fund) is a not-for-profit organization incorporated in the state of delaware under the not-for-profit corporation law and is exempt from federal income tax under section 501(c)(3) of the internal revenue code. Research: the fund was established to support basic research, clinical research and clinical trials by funding scientists, technicians and/or students who work under the supervision of faculty members of medical schools or teaching hospitals, or are employees of research laboratories. Professional education of fund: the fund supports efforts that educate and train medical students, physicians, scientists-in-training, post-doctoral and post-graduate fellows in ophthalmology and other areas of medicine. It supports the coordination of medical knowledge in field related to ophthalmology including medicine, pediatrics, surgery radiation oncology, pathology, genetics and neurosurgery, public education: the fund supports educational efforts directed at the general public for the use of oral and written material and video in english and other languages. Technology: the fund supports the initiation, development, integration, and use of new technology in ophthalmology and other fields of medicine that are used in the diagnosis, documentation, treatment or genetic understanding of diseases. The fund may offer a scholarship program to assist medical students, doctoral students, doctors-in-training and nurses with educational expenses incurred attending courses or conferences. The selection criteria will be objective and non-discriminatory.

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IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0447087
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0418944
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-67427
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0132865
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0202230
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0186571
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0199102
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0197733
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0918501
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt022408
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt018800
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt024892
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt023944
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt026612
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0116656
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt022408
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt018800
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt024892
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt023944
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt026612
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0116656
IRS990ScheduleA/InvestmentIncomeCYPct00.11270
IRS990ScheduleA/InvestmentIncomePYPct00.11880
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.88730
IRS990ScheduleA/PublicSupportPY509Pct00.88120
IRS990ScheduleA/PublicSupportTotal509Amt0918501
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0132865
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0202230
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0186571
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0199102
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0197733
IRS990ScheduleA/Total509Grp/TotalAmt0918501
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0155273
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0221030
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0211463
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0223046
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0224345
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01035157
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt0141
IRS990ScheduleD/EquipmentGrp/DepreciationAmt05729
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt05870
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0440
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1275
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt27500
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CREDIT CARD PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1STATE FILING FEE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2PROFESSIONAL FEES: ACCOUNTING
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt01373663
IRS990ScheduleD/OtherSecuritiesGrp/Desc0PUBLICLY TRADED SECURITIES
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0141
IRS990ScheduleD/TotalBookValueSecuritiesAmt01373663
IRS990ScheduleD/TotalLiabilityAmt08215
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt030000
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0SOUTH AMERICA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0SUPPORT CLINICAL AND MOLECULAR STUDIES OF RETINOBLASTOMA RESEARCH
IRS990ScheduleF/BoycottCountriesInd00
IRS990ScheduleF/ContinuationSpentAmt00
IRS990ScheduleF/ContinutationTotalEmployeeCnt00
IRS990ScheduleF/ContinutationTotalOfficeCnt00
IRS990ScheduleF/ForeignCorpOwnershipInd00
IRS990ScheduleF/ForeignPartnershipInd00
IRS990ScheduleF/GrantRecordsMaintainedInd00
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt030000
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt0EFT
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0FUNDACION NATALI DAFNE FLEXER - SUPPORT CLINIC & MOLECULAR STUDIES OF RETINOBLASTOMA RESEARCH UNDER DIRECT OF DR. GUILLERMO CHANTADA, MD. PHD.
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt0SOUTH AMERICA - ARGENTINA
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc0BOOK
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd00
IRS990ScheduleF/SubtotalEmployeesCnt00
IRS990ScheduleF/SubtotalOfficesCnt00
IRS990ScheduleF/SubtotalSpentAmt030000
IRS990ScheduleF/Total501c3OrgCnt01
IRS990ScheduleF/TotalEmployeeCnt00
IRS990ScheduleF/TotalOfficeCnt00
IRS990ScheduleF/TotalSpentAmt030000
IRS990ScheduleF/TransferToForeignCorpInd00
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt023912
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0TRAVEL, LODGING, AND BOARDING FOR INTERNS, RESIDENTS, FELLOWS, NURSES AND ATTENDINGS RELATED TO SCIENTIFIC MEETINGS.
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt011
IRS990ScheduleI/RecipientTable/CashGrantAmt0125000
IRS990ScheduleI/RecipientTable/CashGrantAmt14572
IRS990ScheduleI/RecipientTable/CashGrantAmt219473
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0$65,000 TO SUPPORT THE MT. SINAI CLINICAL GLAUCOMA FELLOWSHIP; $60,000 TO SUPPORT ONGOING RESEARCH OF SCOTT BRODIE, MD AT MOUNT SINAI SCHOOL OF MEDICINE (DEPARTMENT OF OPHTHALMOLOGY).
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1PAID TO U.S. COMPANY FOR DEVELOPING A PROSTHETIC EYE FOR MEMORIAL SLOAN KETTERING CANCER CENTER.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2MEMORIAL SLOAN-KETTERING CANCER CENTER ("MSKCC") - FOR RESEARCH EQUIPMENT AND SUPPLIES ($17,673) AND DR. BERNARD PARK MD RESEARCH FUND IN CANCER ($1,800).
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0MT SINAI SCHOOL OF MEDICINE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1MEMORIAL SLOAN KETTERING CANCER CENTER
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2MEMORIAL SLOAN KETTERING CANCER CENTER
IRS990ScheduleI/RecipientTable/RecipientEIN0136171197
IRS990ScheduleI/RecipientTable/RecipientEIN1131624182
IRS990ScheduleI/RecipientTable/RecipientEIN2131624182
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0ONE GUSTAVE L LEVY PLACE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt11275 YORK AVENUE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt21275 YORK AVENUE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0NEW YORK
IRS990ScheduleI/RecipientTable/USAddress/CityNm1NEW YORK
IRS990ScheduleI/RecipientTable/USAddress/CityNm2NEW YORK
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0NY
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1NY
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2NY
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd010029
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd110065
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd210065
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION MONITORS THE USE OF THE GRANT FUNDS IN THE UNITED STATES BY REQUESTING REPORTS FROM THE RECIPIENTS OF THE GRANTS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt02
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DAVID H. ABRAMSON, M.D. AND STEPHANIE ABRAMSON ARE RELATED BY MARRIAGE. DAVID H. ABRAMSON, M.D. AND ALLAN ABRAMSON, M.D. ARE BROTHERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION DOES NOT MAINTAIN INDIVIDUAL COMMITTEES OF THE BOARD. ALL ACTIONS ARE REVIEWED BY THE FULL BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FORM 990 WILL BE DISTRIBUTED TO THE MEMBERS OF THE BOARD OF DIRECTORS AS A MATTER OF POLICY PRIOR TO IT'S BEING FILED. BOARD MEMBERS ARE REQUIRED TO REVIEW AND APPROVE THE FORM 990 WITHIN SEVEN DAYS OF RECEIPT. ANY QUESTIONS RAISED ARE FORWARDED TO THE ACCOUNTANT FOR RESOLUTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TO ENSURE THAT THE FUND OPERATES IN A MANNER CONSISTENT WITH ITS CHARITABLE PURPOSES AND DOES NOT ENGAGE IN ACTIVITIES THAT COULD JEOPARDIZE ITS TAX-EXEMPT STATUS, ALL OFFICERS AND DIRECTORS ARE REQUIRED TO COMPLETE CONFLICT OF INTEREST QUESTIONNAIRE ANNUALLY WHICH IS REVIEWED BY THE BOARD TO ENSURE NO CONFLICTS EXIST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO COMPENSATION HAS BEEN MADE TO ANY OFFICERS TO DATE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE PROCESS HAS NOT CHANGED FROM PRIOR YEARS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE FUND FOR OPHTHALMIC KNOWLEDGE, INC. (THE FUND) IS A NOT-FOR-PROFIT ORGANIZATION INCORPORATED IN THE STATE OF DELAWARE UNDER THE NOT-FOR-PROFIT CORPORATION LAW AND IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. RESEARCH: THE FUND WAS ESTABLISHED TO SUPPORT BASIC RESEARCH, CLINICAL RESEARCH AND CLINICAL TRIALS BY FUNDING SCIENTISTS, TECHNICIANS AND/OR STUDENTS WHO WORK UNDER THE SUPERVISION OF FACULTY MEMBERS OF MEDICAL SCHOOLS OR TEACHING HOSPITALS, OR ARE EMPLOYEES OF RESEARCH LABORATORIES. PROFESSIONAL EDUCATION OF FUND: THE FUND SUPPORTS EFFORTS THAT EDUCATE AND TRAIN MEDICAL STUDENTS, PHYSICIANS, SCIENTISTS-IN-TRAINING, POST-DOCTORAL AND POST-GRADUATE FELLOWS IN OPHTHALMOLOGY AND OTHER AREAS OF MEDICINE. IT SUPPORTS THE COORDINATION OF MEDICAL KNOWLEDGE IN FIELD RELATED TO OPHTHALMOLOGY INCLUDING MEDICINE, PEDIATRICS, SURGERY RADIATION ONCOLOGY, PATHOLOGY, GENETICS AND NEUROSURGERY, PUBLIC EDUCATION: THE FUND SUPPORTS EDUCATIONAL EFFORTS DIRECTED AT THE GENERAL PUBLIC FOR THE USE OF ORAL AND WRITTEN MATERIAL AND VIDEO IN ENGLISH AND OTHER LANGUAGES. TECHNOLOGY: THE FUND SUPPORTS THE INITIATION, DEVELOPMENT, INTEGRATION, AND USE OF NEW TECHNOLOGY IN OPHTHALMOLOGY AND OTHER FIELDS OF MEDICINE THAT ARE USED IN THE DIAGNOSIS, DOCUMENTATION, TREATMENT OR GENETIC UNDERSTANDING OF DISEASES. THE FUND MAY OFFER A SCHOLARSHIP PROGRAM TO ASSIST MEDICAL STUDENTS, DOCTORAL STUDENTS, DOCTORS-IN-TRAINING AND NURSES WITH EDUCATIONAL EXPENSES INCURRED ATTENDING COURSES OR CONFERENCES. THE SELECTION CRITERIA WILL BE OBJECTIVE AND NON-DISCRIMINATORY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XII, LINE 2C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART I, LINE 1 & PART III, LINE 1:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt013200
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt08200
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01614837
IRS990/TotalAssetsEOYAmt01547032
IRS990/TotalAssetsGrp/BOYAmt01614837
IRS990/TotalAssetsGrp/EOYAmt01547032
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0132786
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt033266
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0202957
IRS990/TotalFunctionalExpensesGrp/TotalAmt0236223

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.78$0.06$0.72$0.07$0.14$0.07
2023Summary only. Only limited summary data is available for this year.$0.81$0.07$0.74$0.05$0.25$0.20
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.97$0.10$0.87$0.10$0.26$0.15
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.30$0.01$1.29$0.18$0.14$0.04
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.22$0.01$1.21$0.07$0.20$0.12
2019Summary only. Only limited summary data is available for this year.$1.28$0.01$1.27$0.16$0.29$0.13
2018Summary only. Only limited summary data is available for this year.$1.27$0.01$1.26$0.21$0.32$0.11
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.55$0.01$1.55$0.21$0.31$0.10
2016Detailed filing. Detailed filing data is available for this year.$1.55$0.01$1.54$0.17$0.24$0.07
2015Summary only. Only limited summary data is available for this year.$1.61$0.03$1.58$0.42$0.45$0.03
2014Detailed filing. Detailed filing data is available for this year.$1.69$0.00$1.69$0.52$0.26$0.26
2013Detailed filing. Detailed filing data is available for this year.$1.44$0.00$1.44$0.38$0.65$0.27
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.53$0.00$1.53$0.54
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.58$0.00$1.58$0.50
2010Summary only. Only limited summary data is available for this year.$1.74$0.00$1.74$0.48$0.49$0.01