Civic Intelligence

Foundation for Opthalmalic Research and Education

990EZ • Fiscal year 2017 • EIN 38-3562965

Jan 01, 2017 to Dec 31, 2017 • Filed on Feb 09, 2018

4717 St AntoineDetroit, MI 48201

(313) 577-1361

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

3rd percentile

-228%

Higher net margin than 3% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

18th percentile

-24%

Faster asset growth than 18% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

5th percentile

-70%

Faster revenue growth than 5% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$239,814

Down $75,589 (-24%) from 2016

Net Assets

Down

$239,814

Down $75,589 (-24%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Down

$33,145

Down $76,263 (-70%) from 2016

Expenses

Down

$108,733

Down $48,007 (-31%) from 2016

Net Income

Down

-$75,588

Down $28,256 (-60%) from 2016

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2010: $324,896Liabilities 2010: $0Net Assets 2010: $324,8962010Assets 2011: $305,527Liabilities 2011: $0Net Assets 2011: $305,5272011Assets 2012: $402,788Liabilities 2012: $0Net Assets 2012: $402,7882012Assets 2013: $568,371Liabilities 2013: $0Net Assets 2013: $568,3712013Assets 2014: $543,054Liabilities 2014: $0Net Assets 2014: $543,0542014Assets 2015: $362,740Liabilities 2015: $0Net Assets 2015: $362,7402015Assets 2016: $315,403Liabilities 2016: $0Net Assets 2016: $315,4032016Assets 2017: $239,814Liabilities 2017: $0Net Assets 2017: $239,8142017Assets 2018: $255,967Liabilities 2018: $0Net Assets 2018: $255,9672018Assets 2019: $238,096Liabilities 2019: $0Net Assets 2019: $238,0962019Assets 2020: $225,017Liabilities 2020: $0Net Assets 2020: $225,0172020Assets 2021: $240,389Liabilities 2021: $0Net Assets 2021: $240,3892021Assets 2022: $204,263Liabilities 2022: $0Net Assets 2022: $204,2632022Assets 2023: $123,925Liabilities 2023: $0Net Assets 2023: $123,9252023Assets 2024: $78,563Net Assets 2024: $78,5632024

Highlighted filing

2017

Assets$239,814
Liabilities$0
Net Assets$239,814

Operations Trend

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

$400K$200K$0-$200KRevenue 2010: $224,327Expenses 2010: $302,186Net Income 2010: -$77,8592010Expenses 2011: $346,2942011Expenses 2012: $230,7672012Revenue 2013: $288,201Expenses 2013: $122,618Net Income 2013: $165,5832013Revenue 2014: $163,748Expenses 2014: $189,065Net Income 2014: -$25,3172014Revenue 2015: $177,605Expenses 2015: $357,919Net Income 2015: -$180,3142015Revenue 2016: $109,408Expenses 2016: $156,740Net Income 2016: -$47,3322016Revenue 2017: $33,145Expenses 2017: $108,733Net Income 2017: -$75,5882017Revenue 2018: $85,432Expenses 2018: $69,279Net Income 2018: $16,1532018Revenue 2019: $57,900Expenses 2019: $75,771Net Income 2019: -$17,8712019Revenue 2020: $7,629Expenses 2020: $20,708Net Income 2020: -$13,0792020Revenue 2021: $19,757Expenses 2021: $4,385Net Income 2021: $15,3722021Revenue 2022: $1,601Expenses 2022: $37,726Net Income 2022: -$36,1252022Revenue 2023: $0Expenses 2023: $80,338Net Income 2023: -$80,3382023Expenses 2024: $45,3622024

Highlighted filing

2017

Revenue$33,145
Expenses$108,733
Net Income-$75,588
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Feb 9, 2018
Return Version
2017v2.2
Gross Receipts
$33,145
Mission and Program Overview

Mission

To provide and facilitate medical research and educational services for resident physicians specializing in ophthalmology; to assist the poor, indigent and underinsured in obtaining eye care.

Program Services

DescriptionGrantsExpenses
MEDICAL RESEARCH, EDUCATION AND CHARITABLE ENDEAVORS IN THE FIELD OF OPHTHALMOLOGY.$17,831$74,953
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MARK JUZYCH MDChairman/CEO-$0--
GARY ABRAMS MDPresident/Co-$0--
Filing and Contact Details

Filer

Filer Name
Foundation for Ophthalmic Research
EIN
38-3562965
Phone
3135771361
Address
4717 ST ANTOINE, DETROIT, MI 48201

Signing Officer

Name
Mark Juzych Md
Title
Chairman/CEO
Phone
3135771361
Signed
2018-02-09
Discuss with paid preparer
Yes

Preparer

Firm
Healthcare Financial Management LLC
Address
24725 W 12 MILE RD STE 107, SOUTHFIELD, MI 48034
Preparer
Gary R Williams
Phone
2483581010
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10

Name: wayne state university address: 5700 cass avenue detroit, mi 48202 cash contribution: 17,831

Form 990-ez, Part I, Line 16

Expenses advertising 16,425 supplies 12,693 conventions and meetings 5,366 clinical supplies 247 dues and journals 1,275 meals & entertainment 10,444 telecommunications 402 miscellaneous expense 372 non-investment depreciation 16,800 total 64,024

Form 990-ez, Part II, Line 24

Equipment 9,180 25,980 less accumulated depreciation 9,180 25,980 total 0 0

Form 990-ez, Part III

VARIOUS

Form 990-ez, Part III

To provide and facilitate medical research and educational services for resident physicians specializing in ophthalmology; to assist the poor, indigent and underinsured in obtaining eye care.

Raw XML Appendix119 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.

Path#Value
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IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt04717 ST ANTOINE
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IRS990EZ/OperateHospitalInd0false
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IRS990EZ/OtherExpensesTotalAmt064024
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IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE AND FACILITATE MEDICAL RESEARCH AND EDUCATIONAL SERVICES FOR RESIDENT PHYSICIANS SPECIALIZING IN OPHTHALMOLOGY; TO ASSIST THE POOR, INDIGENT AND UNDERINSURED IN OBTAINING EYE CARE.
IRS990EZ/PrintingPublicationsPostageAmt020
IRS990EZ/ProgramServiceRevenueAmt032901
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0MEDICAL RESEARCH, EDUCATION AND CHARITABLE ENDEAVORS IN THE FIELD OF OPHTHALMOLOGY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt017831
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt074953
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MI
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0108733
IRS990EZ/TotalProgramServiceExpensesAmt074953
IRS990EZ/TotalRevenueAmt033145
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/HospitalNameAndAddressGrp/CityNm0DETROIT
IRS990ScheduleA/HospitalNameAndAddressGrp/StateAbbreviationCd0MI
IRS990ScheduleA/HospitalNameAndAddressGrp/SupportedOrganizationName/BusinessNameLine1Txt0DETROIT MEDICAL CENTER
IRS990ScheduleA/MedicalResearchOrganizationInd0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NAME: WAYNE STATE UNIVERSITY ADDRESS: 5700 CASS AVENUE DETROIT, MI 48202 CASH CONTRIBUTION: 17,831
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES ADVERTISING 16,425 SUPPLIES 12,693 CONVENTIONS AND MEETINGS 5,366 CLINICAL SUPPLIES 247 DUES AND JOURNALS 1,275 MEALS & ENTERTAINMENT 10,444 TELECOMMUNICATIONS 402 MISCELLANEOUS EXPENSE 372 NON-INVESTMENT DEPRECIATION 16,800 TOTAL 64,024
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EQUIPMENT 9,180 25,980 LESS ACCUMULATED DEPRECIATION 9,180 25,980 TOTAL 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3VARIOUS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TO PROVIDE AND FACILITATE MEDICAL RESEARCH AND EDUCATIONAL SERVICES FOR RESIDENT PHYSICIANS SPECIALIZING IN OPHTHALMOLOGY; TO ASSIST THE POOR, INDIGENT AND UNDERINSURED IN OBTAINING EYE CARE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
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ReturnHeader/TaxPeriodEndDt02017-12-31
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.79$0.79$0.45
2023Detailed filing. Detailed filing data is available for this year.$1.24$0.00$1.24$0.00$0.80$0.80
2022Detailed filing. Detailed filing data is available for this year.$2.04$0.00$2.04$0.02$0.38$0.36
2021Detailed filing. Detailed filing data is available for this year.$2.40$0.00$2.40$0.20$0.04$0.15
2020Detailed filing. Detailed filing data is available for this year.$2.25$0.00$2.25$0.08$0.21$0.13
2019Detailed filing. Detailed filing data is available for this year.$2.38$0.00$2.38$0.58$0.76$0.18
2018Detailed filing. Detailed filing data is available for this year.$2.56$0.00$2.56$0.85$0.69$0.16
2017Detailed filing. Detailed filing data is available for this year.$2.40$0.00$2.40$0.33$1.09$0.76
2016Detailed filing. Detailed filing data is available for this year.$3.15$0.00$3.15$1.09$1.57$0.47
2015Detailed filing. Detailed filing data is available for this year.$3.63$0.00$3.63$1.78$3.58$1.80
2014Detailed filing. Detailed filing data is available for this year.$5.43$0.00$5.43$1.64$1.89$0.25
2013Detailed filing. Detailed filing data is available for this year.$5.68$0.00$5.68$2.88$1.23$1.66
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.03$0.00$4.03$2.31
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.06$0.00$3.06$3.46
2010Summary only. Only limited summary data is available for this year.$3.25$0.00$3.25$2.24$3.02$0.78