Civic Intelligence

Ocular Immunology and Uveitis Foundation Inc.

990 • Fiscal year 2019 • EIN 20-1891037

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 05, 2020

Organization ProfileWWW.UVEITIS.ORG
348 Glen RoadWeston, MA 02493

(781) 647-1431

Siviq Scores

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

Liabilities / Assets

36th percentile

0.03x

Higher debt load relative to assets than 36% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

39th percentile

0.05x

Higher debt load relative to revenue than 39% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

11th percentile

-27%

Higher net margin than 11% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

36th percentile

$0

Higher top officer pay than 36% of similar nonprofits.

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

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

8th percentile

-17%

Faster asset growth than 8% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

5th percentile

-48%

Faster revenue growth than 5% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets36th percentile

Assets

Down

$1,097,493

Down $220,826 (-17%) from 2018

Net Assets

Down

$1,067,091

Down $101,568 (-8.7%) from 2018

Liabilities

Down

$30,402

Down $119,258 (-80%) from 2018

Revenue And Expenses
Liabilities / Revenue39th percentileNet Margin11th percentile

Revenue

Down

$614,602

Down $567,957 (-48%) from 2018

Expenses

Down

$780,636

Down $677,722 (-46%) from 2018

Net Income

Up

-$166,034

Up $109,765 (+40%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth8th percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $1,104,511Liabilities 2010: $39,740Net Assets 2010: $1,064,7712010Assets 2011: $1,108,507Liabilities 2011: $35,019Net Assets 2011: $1,073,4882011Assets 2012: $1,156,929Liabilities 2012: $16,847Net Assets 2012: $1,140,0822012Assets 2013: $1,064,199Liabilities 2013: $26,769Net Assets 2013: $1,037,4302013Assets 2014: $1,453,817Liabilities 2014: $18,487Net Assets 2014: $1,435,3302014Assets 2015: $1,575,533Liabilities 2015: $34,462Net Assets 2015: $1,541,0712015Assets 2016: $1,692,161Liabilities 2016: $19,835Net Assets 2016: $1,672,3262016Assets 2017: $1,781,679Liabilities 2017: $200,197Net Assets 2017: $1,581,4822017Assets 2018: $1,318,319Liabilities 2018: $149,660Net Assets 2018: $1,168,6592018Assets 2019: $1,097,493Liabilities 2019: $30,402Net Assets 2019: $1,067,0912019Assets 2020: $1,197,037Liabilities 2020: $31,220Net Assets 2020: $1,165,8172020Assets 2021: $1,297,410Liabilities 2021: $51,862Net Assets 2021: $1,245,5482021Assets 2022: $1,079,830Liabilities 2022: $68,879Net Assets 2022: $1,010,9512022Assets 2023: $2,230,654Liabilities 2023: $122,391Net Assets 2023: $2,108,2632023Assets 2024: $3,006,646Liabilities 2024: $3,045Net Assets 2024: $3,003,6012024

Highlighted filing

2019

Assets$1,097,493
Liabilities$30,402
Net Assets$1,067,091
Open 2019 Filing

Operations Trend

Revenue Growth5th percentile

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2010: $804,6912010Expenses 2011: $800,2362011Expenses 2012: $872,0662012Revenue 2013: $731,999Expenses 2013: $937,984Net Income 2013: -$205,9852013Revenue 2014: $1,263,336Expenses 2014: $811,492Net Income 2014: $451,8442014Revenue 2015: $1,062,562Expenses 2015: $895,353Net Income 2015: $167,2092015Revenue 2016: $1,090,288Expenses 2016: $1,034,840Net Income 2016: $55,4482016Revenue 2017: $1,106,765Expenses 2017: $1,320,390Net Income 2017: -$213,6252017Revenue 2018: $1,182,559Expenses 2018: $1,458,358Net Income 2018: -$275,7992018Revenue 2019: $614,602Expenses 2019: $780,636Net Income 2019: -$166,0342019Revenue 2020: $534,488Expenses 2020: $551,435Net Income 2020: -$16,9472020Revenue 2021: $675,565Expenses 2021: $650,691Net Income 2021: $24,8742021Revenue 2022: $733,623Expenses 2022: $733,858Net Income 2022: -$2352022Revenue 2023: $1,638,698Expenses 2023: $704,660Net Income 2023: $934,0382023Revenue 2024: $1,565,787Expenses 2024: $706,796Net Income 2024: $858,9912024

Highlighted filing

2019

Revenue$614,602
Expenses$780,636
Net Income-$166,034
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 5, 2020
Return Version
2019v5.1
Gross Receipts
$1,555,376
Mission and Program Overview

Mission

The ocular immunology and uveitis foundation is dedicated to improving the diagnosis and treatment and finding the causes and cures of uveitis and other ocular inflammatory diseases, increase awareness of uveitis amoung health professionals and the public, and support individuals and families affected by the disease.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$871,629$912,888▲ $41,259
Accounts Receivable$220,225$0▼ $220,225
Cash and Non-Interest-Bearing Accounts$143,325$108,367▼ $34,958
Land, Buildings, and Equipment, Net$76,539$74,711▼ $1,828
Inventories for Sale or Use$4,920$0▼ $4,920
Prepaid Expenses and Deferred Charges$1,681$1,527▼ $154
Total Assets$1,318,319$1,097,493▼ $220,826
Liabilities
Accounts Payable and Accrued Expenses$148,280$16,270▼ $132,010
Other Liabilities$1,380$14,132▲ $12,752
Total Liabilities$149,660$30,402▼ $119,258
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,168,659$1,067,091▼ $101,568
Total Net Assets Fund Balance$1,168,659$1,067,091▼ $101,568
Total Liabilities and Net Assets / Fund Balance$1,318,319$1,097,493▼ $220,826

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$74,711$489,138$563,849
Compensation and Service Providers
Top Officer Pay36th percentile

Board Members and Trustees

NameTitle
Dr Stephen FosterPresident
A Richard HersumDirector / Vice Chairman
Andrea PatisteasDirector
Catherine PowersDirector
Dr Albert T VitaleDirector
Dr David S ChuDirector
Dr Peter ChangDirector
Dr Rajiv ShahDirector
Dr Stephen AnesiDirector
Greg HughesDirector
Michael AchoDirector
Peter NetlandDirector
Scott EvansDirector / Treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Massachusetts Eye Research And Surgery IProfessional Research1440 MAIN STREET STE 201, Waltham, MA 02451$494,446
Revenue and Support

Revenue Composition

Contributions and Grants
$333,286
Program Service Revenue
$828
Investment Income
$124,937
Other Revenue
$155,551
All Other Contributions
$333,286
Change in Net Assets
$-166,034

Audited Revenue Reconciliation

Revenue per Audited Statements
$614,602
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$90,068
Total Revenue per Audited Statements
$704,670
Total Revenue per Form 990
$614,602
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$780,636
Total Fundraising Expense$158,950
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Travel$86,178-$33,037$119,215
Other Expenses$73,270$21,429$11,632$73,270
Occupancy$23,218$4,954$23,120$51,292
Depreciation Depletion$19,540$4,754$1,847$26,141
Fees for Services Accounting-$23,000-$23,000
Fees for Services Management$11,429--$11,429
Conferences and Meetings$3,222--$3,222
Total Functional Expenses$548,410$73,276$158,950$780,636

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$806,238
Expenses per Audited Statements$780,636
Total Expenses per Form 990$780,636
Expenses Not Reported on Form 990$25,602
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$181,153
Fundraising Direct Expenses$25,602
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Massachusetts Eye Research and SurgMersi Is Wholly Owned by the Founder of OiufThe Organization Procures Contract Labor and Rents Office Space From the Massachusetts Eye Research and Surgery Institute, Pc (mersi), a For-profit Corporation Wholly Owned by Dr. Stephen Foster and His Wife. Oiuf Paid for Contracted Labor, Rent, Utilities, and Miscellaneous Expenses, Representing Reimbursement of the Fair Market Value Received.No$494,445
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Mersi$13,767
Credit Card Payable$365
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
Yes
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 B, Line 11B

“The organization reviews the form 990 during the appropriate board meeting”

Form 990, Part VI, Section C, Line 19

“AVAILABLE UPON REQUEST.”

Form 990, Part VII Contact Addresses for Officers, Directors, Etc

“Dr. Stephen foster - 348 glen road, weston, ma 02493. A. Richard hersum - 69 aberdeen road, weston, ma 02193. Scott evans - 29 fiske ave, upton, ma 01568. Peter netland - university of virginia, 4 orchard rd, charlottesville, va 22904. Dr. David s. Chu - metro eye research & surgery inst, 255 lake road, morristown,, nj 07960. Andrea patisteas - primo medical, 5 forster road, rochester, ma 02770. Dr. Albert t. Vitale - university of utah, 6015 east pioneer ridge circle, salt lake city, ut 84108.”

Filing and Contact Details

Filer

Filer Name
Ocular Immunology and Uveitis
EIN
20-1891037
Phone
7816471431
Address
348 GLEN ROAD, WESTON, MA 02493

Signing Officer

Name
Scott Evans
Title
Treasurer
Phone
7816471431
Signed
2020-11-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Scott Evans
Formed
2004
Legal Domicile
Ma
Voting Board Members
14
Independent Board Members
14
Employees
0
Volunteers
0

Preparer

Firm
Bonanno Savino Davies & Ganley Pc
Address
105 CHESTNUT STREET SUITE 32, NEEDHAM, MA 02492-2520
Preparer
Thomas E Savino
Phone
7814493919
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 3

“Beginning in 2019, contractual research with pharmaceutical companies now under the direction of the massachusetts eye research surgical institute.”

Form 990, Part XII, Line 2C

“The board of directors is responsible for the review and acceptance of the financial statements and tax return”

Financial Statement Notes

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Expenses netted against fundraising income 25,602.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Expenses netted against fundraising income 25,602.”

Raw XML AppendixShowing 400 of 537 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ActivityOrMissionDesc0THE OCULAR IMMUNOLOGY AND UVEITIS FOUNDATION IS DEDICATED TO IMPROVING THE DIAGNOSIS AND TREATMENT AND FINDING THE CAUSES AND CURES OF UVEITIS AND OTHER OCULAR INFLAMMATORY DISEASES, INCREASE AWARENESS OF UVEITIS AMOUNG HEALTH PROFESSIONALS AND THE PUBLIC, AND SUPPORT INDIVIDUALS AND FAMILIES AFFECTED BY THE DISEASE.
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IRS990/LandBldgEquipBasisNetGrp/BOYAmt076539
IRS990/LandBldgEquipBasisNetGrp/EOYAmt074711
IRS990/LandBldgEquipCostOrOtherBssAmt0563849
IRS990/LegalDomicileStateCd0MA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0915172
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE OCULAR IMMUNOLOGY AND UVEITIS FOUNDATION IS DEDICATED TO IMPROVING THE DIAGNOSIS AND TREATMENT AND FINDING THE CAUSES AND CURES OF UVEITIS AND OTHER OCULAR INFLAMMATORY DISEASES, INCREASE AWARENESS OF UVEITIS AMOUNG HEALTH PROFESSIONALS AND THE PUBLIC, AND SUPPORT INDIVIDUALS AND FAMILIES AFFECTED BY THE DISEASE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01168659
IRS990/NetAssetsOrFundBalancesEOYAmt01067091
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0104950
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0104950
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0155551
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0155551
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt064466
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01168659
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01067091
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt023120
IRS990/OccupancyGrp/ManagementAndGeneralAmt04954
IRS990/OccupancyGrp/ProgramServicesAmt023218
IRS990/OccupancyGrp/TotalAmt051292
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0CONTRACTED LABOR
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS AND ADMIN
IRS990/OtherExpensesGrp/Desc2RESEARCH EXPENSES
IRS990/OtherExpensesGrp/FundraisingAmt089314
IRS990/OtherExpensesGrp/FundraisingAmt111632
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt019139
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt121429
IRS990/OtherExpensesGrp/ProgramServicesAmt0261432
IRS990/OtherExpensesGrp/ProgramServicesAmt170121
IRS990/OtherExpensesGrp/ProgramServicesAmt273270
IRS990/OtherExpensesGrp/TotalAmt0369885
IRS990/OtherExpensesGrp/TotalAmt1103182
IRS990/OtherExpensesGrp/TotalAmt273270
IRS990/OtherLiabilitiesGrp/BOYAmt01380
IRS990/OtherLiabilitiesGrp/EOYAmt014132
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01681
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01527
IRS990/PrincipalOfficerNm0SCOTT EVANS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0541700
IRS990/ProgramServiceRevenueGrp/Desc0RESEARCH GRANT INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0828
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0828
IRS990/ProgSrvcAccomActy2Grp/Desc0PHYSICIAN EDUCATION CONFERENCE: A COMPREHENSIVE COVERAGE OF NEW AND EMERGING DEVELOPMENTS IN THE SUBSPECIALTIES OF CORNEA, GLAUCOMA, CATARACT & REFRACTIVE SURGERY, OCULOPLASTICS, UVEITIS AND INFECTIOUS DISEASE. THE FACULTY CONSISTED OF NINETEEN OPHTHALMOLOGISTS. PHYSICIANS FROM ALL OVER NEW ENGLAND ATTENDED THE CONFERENCE.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0269381
IRS990/ProgSrvcAccomActy3Grp/Desc0SUPPORT GROUP PROGRAMS, CONSISTS GENERALLY OF GROUP SPEAKERS, EDUCATIONAL AND SUPPORT RESOURCES.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt09218
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0312283
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt087465
IRS990/PYOtherExpensesAmt01458358
IRS990/PYOtherRevenueAmt095246
IRS990/PYProgramServiceRevenueAmt0687565
IRS990/PYRevenuesLessExpensesAmt0-275799
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt01458358
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01182559
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-166034
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0828
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt0112270
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt0174785
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt0317808
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt0419732
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt01024595
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0514439
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0447416
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0376386
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0829503
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0774213
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt02941957
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt019987
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt09982
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt055316
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt051109
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt039873
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0176267
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0828
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0687565
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0728681
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0299377
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0389592
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02106043
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt019987
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt09982
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt055316
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt051109
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt039873
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0176267
IRS990ScheduleA/InvestmentIncomeCYPct00.03370
IRS990ScheduleA/InvestmentIncomePYPct00.03450
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.63760
IRS990ScheduleA/PublicSupportPY509Pct00.57910
IRS990ScheduleA/PublicSupportTotal509Amt03330799
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt0112270
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt0174785
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt0664471
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt0765675
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt01717201
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus3YearsAmt0346663
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus4YearsAmt0345943
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt0692606
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0515267
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01134981
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01105067
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01128880
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01163805
IRS990ScheduleA/Total509Grp/TotalAmt05048000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0535254
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01144963
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01160383
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01179989
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01203678
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt05224267
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/ExpensesNotReportedAmt025602
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0780636
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt074711
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0489138
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0563849
IRS990ScheduleD/NetUnrealizedGainsInvstAmt064466
IRS990ScheduleD/OtherExpensesIncludedAmt025602
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0365
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt113767
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CREDIT CARD PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO MERSI
IRS990ScheduleD/OtherRevenueAmt025602
IRS990ScheduleD/RevenueNotReportedAmt090068
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0614602
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0EXPENSES NETTED AGAINST FUNDRAISING INCOME 25,602.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1EXPENSES NETTED AGAINST FUNDRAISING INCOME 25,602.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt074711
IRS990ScheduleD/TotalExpensesPerForm990Amt0780636
IRS990ScheduleD/TotalLiabilityAmt014132
IRS990ScheduleD/TotalRevenuePerForm990Amt0614602
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0704670
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0806238
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0MASSACHUSETTS EYE RESEARCH AND SURG
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0MERSI IS WHOLLY OWNED BY THE FOUNDER OF OIUF
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt0494445
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0THE ORGANIZATION PROCURES CONTRACT LABOR AND RENTS OFFICE SPACE FROM THE MASSACHUSETTS EYE RESEARCH AND SURGERY INSTITUTE, PC (MERSI), A FOR-PROFIT CORPORATION WHOLLY OWNED BY DR. STEPHEN FOSTER AND HIS WIFE. OIUF PAID FOR CONTRACTED LABOR, RENT, UTILITIES, AND MISCELLANEOUS EXPENSES, REPRESENTING REIMBURSEMENT OF THE FAIR MARKET VALUE RECEIVED.
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BEGINNING IN 2019, CONTRACTUAL RESEARCH WITH PHARMACEUTICAL COMPANIES NOW UNDER THE DIRECTION OF THE MASSACHUSETTS EYE RESEARCH SURGICAL INSTITUTE.

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,097,493
Liabilities
$30,402
Net assets
$1,067,091
Revenue
$614,602
Expenses
$780,636
Net income
-$166,034
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.01$0.00$3.00$1.57$0.71$0.86
2023Detailed filing. Detailed filing data is available for this year.$2.23$0.12$2.11$1.64$0.70$0.93
2022Detailed filing. Detailed filing data is available for this year.$1.08$0.07$1.01$0.73$0.73$0.00
2021Detailed filing. Detailed filing data is available for this year.$1.30$0.05$1.25$0.68$0.65$0.02
2020Detailed filing. Detailed filing data is available for this year.$1.20$0.03$1.17$0.53$0.55$0.02
2019Detailed filing. Detailed filing data is available for this year.$1.10$0.03$1.07$0.61$0.78$0.17
2018Detailed filing. Detailed filing data is available for this year.$1.32$0.15$1.17$1.18$1.46$0.28
2017Detailed filing. Detailed filing data is available for this year.$1.78$0.20$1.58$1.11$1.32$0.21
2016Detailed filing. Detailed filing data is available for this year.$1.69$0.02$1.67$1.09$1.03$0.06
2015Detailed filing. Detailed filing data is available for this year.$1.58$0.03$1.54$1.06$0.90$0.17
2014Detailed filing. Detailed filing data is available for this year.$1.45$0.02$1.44$1.26$0.81$0.45
2013Detailed filing. Detailed filing data is available for this year.$1.06$0.03$1.04$0.73$0.94$0.21
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.16$0.02$1.14$0.87
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.11$0.04$1.07$0.80
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.10$0.04$1.06$0.80