Civic Intelligence

Clao Education and Research Foundation Inc Co Ascrs

EIN 41-1876202 • 501(c)3 • Centennial, CO

Profile

The CLAO Education and Research Foundation supports education and the advancement of research and technologies related to contact lenses, anterior segment vision care services, and public eye health care.

6025 S Quebec St 365Centennial, CO 80111

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2025

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2025

Net Margin

13th percentile

-55%

Higher net margin than 13% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2025

Asset Growth

56th percentile

0.6%

Faster asset growth than 56% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

78th percentile

31%

Faster revenue growth than 78% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$329,296

Up $2,123 (+0.6%) from 2024

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Up

$329,296

Up $2,123 (+0.6%) from 2024

Operations
Liabilities / RevenueScore unavailableNet Margin13th percentile

Revenue

Up

$12,722

Up $3,003 (+31%) from 2024

Expenses

Up

$19,758

Up $11,668 (+144%) from 2024

Net Income

Down

-$7,036

Down $8,665 (-532%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth56th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$400K$300K$200K$100K$0Assets 2011: $360,762Net Assets 2011: $360,7622011Assets 2012: $358,220Liabilities 2012: $02012Assets 2013: $356,871Net Assets 2013: $356,8712013Assets 2014: $368,313Net Assets 2014: $368,3132014Assets 2015: $366,608Net Assets 2015: $366,6082015Assets 2016: $366,634Liabilities 2016: $02016Assets 2017: $360,520Net Assets 2017: $360,5202017Assets 2018: $354,474Net Assets 2018: $354,4742018Assets 2019: $340,544Liabilities 2019: $0Net Assets 2019: $340,5442019Assets 2020: $340,267Liabilities 2020: $0Net Assets 2020: $340,2672020Assets 2021: $344,811Liabilities 2021: $0Net Assets 2021: $344,8112021Assets 2022: $348,775Liabilities 2022: $02022Assets 2023: $319,620Net Assets 2023: $319,6202023Assets 2024: $327,173Net Assets 2024: $327,1732024Assets 2025: $329,296Net Assets 2025: $329,2962025

Highlighted filing

2025

Assets$329,296
Liabilities-
Net Assets$329,296
Open 2025 Filing

Operations Trend

Revenue Growth78th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100K$50K$0-$50KRevenue 2011: $71,936Expenses 2011: $62,300Net Income 2011: $9,6362011Revenue 2012: $11,201Expenses 2012: $14,129Net Income 2012: -$2,9282012Revenue 2013: $9,388Expenses 2013: $9,239Net Income 2013: $1492013Revenue 2014: $19,487Expenses 2014: $10,926Net Income 2014: $8,5612014Revenue 2015: $6,976Expenses 2015: $6,044Net Income 2015: $9322015Revenue 2016: $13,011Expenses 2016: $12,809Net Income 2016: $2022016Revenue 2017: $10,043Expenses 2017: $10,777Net Income 2017: -$7342017Revenue 2018: $37,687Expenses 2018: $10,019Net Income 2018: $27,6682018Revenue 2019: $6,021Expenses 2019: $23,157Net Income 2019: -$17,1362019Revenue 2020: $9,325Expenses 2020: $18,737Net Income 2020: -$9,4122020Revenue 2021: $7,172Expenses 2021: $3,936Net Income 2021: $3,2362021Revenue 2022: $9,194Expenses 2022: $5,230Net Income 2022: $3,9642022Revenue 2023: $5,802Expenses 2023: $12,194Net Income 2023: -$6,3922023Revenue 2024: $9,719Expenses 2024: $8,090Net Income 2024: $1,6292024Revenue 2025: $12,722Expenses 2025: $19,758Net Income 2025: -$7,0362025

Highlighted filing

2025

Revenue$12,722
Expenses$19,758
Net Income-$7,036
Open 2025 Filing

Filings

Most recent year

2025 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$329,296
Liabilities
-
Net assets
$329,296
Revenue
$12,722
Expenses
$19,758
Net income
-$7,036
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.29$3.29$0.13$0.20$0.07
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.27$3.27$0.10$0.08$0.02
2023Detailed filing. Detailed filing data is available for this year.$3.20$3.20$0.06$0.12$0.06
2022Summary only. Only limited summary data is available for this year.$3.49$0.00$0.09$0.05$0.04
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.45$0.00$3.45$0.07$0.04$0.03
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.40$0.00$3.40$0.09$0.19$0.09
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.41$0.00$3.41$0.06$0.23$0.17
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.54$3.54$0.38$0.10$0.28
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.61$3.61$0.10$0.11$0.01
2016Summary only. Only limited summary data is available for this year.$3.67$0.00$0.13$0.13$0.00
2015Detailed filing. Detailed filing data is available for this year.$3.67$3.67$0.07$0.06$0.01
2014Detailed filing. Detailed filing data is available for this year.$3.68$3.68$0.19$0.11$0.09
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.57$3.57$0.09$0.09$0.00
2012Summary only. Only limited summary data is available for this year.$3.58$0.00$0.11$0.14$0.03
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.61$3.61$0.72$0.62$0.10
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Sep 15, 2025
Return Version
2024v5.0
Gross Receipts
$12,722
Mission and Program Overview

Mission

The CLAO Education and Research Foundation supports education and the advancement of research and technologies related to contact lenses, anterior segment vision care services, and public eye health care.

The eye and contact lens foundation supports education and the advancement of research and technologies related to contact lenses, anterior segment vision care services and public eye health care.

Program Services

DescriptionGrantsExpenses
SUPPORT SCHOLARS AND MENTORING RELATIONSHIPS. PROVIDE TRAINING OPPORTUNITIES FOR RESIDENTS, FELLOWS AND YOUNG INVESTIGATORS. SUPPORT DISSEMINATION OF NEW CONTACT LENS AND OTHER MEANS OF VISION CORRECTION WORLDWIDE.$1,000$1,000
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
MICHAEL H GOLDSTEIN MDChairPT$0--
JAMES E KEY II MDTrusteePT$0--
S LANCE FORSTOT MDTrusteePT$0--
THOMAS L STEINEMANN MDTrusteePT$0--
IRA UDELL MDTrusteePT$0--
DEBORAH JACOBS MDTrusteePT$0--
NICOLE GODDARDExecutive DiPT$0--
Filing and Contact Details

Filer

Filer Name
Eye and Contact Lens Foundation
EIN
41-1876202
Phone
3037706048
Address
6025 S QUEBEC ST 365, CENTENNIAL, CO 80111

Signing Officer

Name
Nicole Goddard
Title
Executive Director
Phone
3035677882
Signed
2025-09-15
Discuss with paid preparer
Yes

Preparer

Firm
Jds Professional Group
Address
10303 E DRY CREEK RD STE 400, ENGLEWOOD, CO 80112
Preparer
Lori B Bauer CPA
Phone
3037710123
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses bank service charges 24 total 24”

Form 990-ez, Part I, Line 20

“UNREALIZED GAINS 9,158”

Form 990-ez, Part III

“The eye and contact lens foundation supports education and the advancement of research and technologies related to contact lenses, anterior segment vision care services and public eye health care.”

Form 990-ez, Part III, Line 28

“Support scholars and mentoring relationships. Provide training opportunities for residents, fellows and young investigators. Support dissemination of new contact lens and other means of vision correction worldwide.”

Raw XML Appendix159 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/CityNm0CENTENNIAL
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IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0327174
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MICHAEL H GOLDSTEIN MD
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6NICOLE GODDARD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TRUSTEE
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6EXECUTIVE DI
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherChangesInNetAssetsAmt09158
IRS990EZ/OtherExpensesTotalAmt024
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE EYE AND CONTACT LENS FOUNDATION SUPPORTS EDUCATION AND THE ADVANCEMENT OF RESEARCH AND TECHNOLOGIES RELATED TO CONTACT LENSES, ANTERIOR SEGMENT VISION CARE SERVICES AND PUBLIC EYE HEALTH CARE.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0SUPPORT SCHOLARS AND MENTORING RELATIONSHIPS. PROVIDE TRAINING OPPORTUNITIES FOR RESIDENTS, FELLOWS AND YOUNG INVESTIGATORS. SUPPORT DISSEMINATION OF NEW CONTACT LENS AND OTHER MEANS OF VISION CORRECTION WORLDWIDE.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt01000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt01000
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt019758
IRS990EZ/TotalProgramServiceExpensesAmt01000
IRS990EZ/TotalRevenueAmt012722
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
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IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgQualifiedInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtExclusivelySec170c2BInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd0true
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE ACTIVITIES OF EYE AND CONTACT LENS FOUNDATION SHALL INCLUDE, BUT NOT BE LIMITED TO, PROVIDING GRANTS, SCHOLARSHIPS, EDUCATIONAL MATERIALS & PROGRAMS, AND THE CONDUCT OF BASIC AND CLINICAL RESEARCH PROJECTS RELATING TO: (A) MEDICAL CONTACT LENS PRACTICE (B) REFRACTIVE EYECARE AND SCIENCES (C) OPHTHALMIC ANTERIOR SEGMENT SCIENCE (D) SUCH OTHER LAWFUL PURPOSES APPROVED BY THE EYE AND CONTACT LENS FOUNDATION BOARD OF TRUSTEES (E) TO PERFORM THE FUNCTIONS OF AND CARRY OUT THE PURPOSES OF EYE AND CONTACT LENS FOUNDATION THE EYE AND CONTACT LENS ASSOCIATION INC. MEETS THE ABOVE REQUIREMENTS AND HAS A LONG STANDING RELATIONSHIP WITH EYE AND CONTACT LENS FOUNDATION, WHEREBY THE EXECUTIVE DIRECTOR IS THE SAME FOR BOTH ORGANIZATIONS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1THE EXECUTIVE DIRECTOR FOR BOTH EYE AND CONTACT LENS FOUNDATION AND THE SUPPORTED ORGANIZATION EYE AND CONTACT LENS ASSOCIATION INC. ARE THE SAME. THE EXECUTIVE DIRECTOR REVIEWS THE FORMS 990 FOR BOTH ORGANIZATIONS BEFORE THEY ARE FILED AND ENSURES THE SUPPORTED ORGANIZATION MEETS THE SECTION 509(A)(2) PUBLIC SUPPORT TEST.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt2THE EXECUTIVE DIRECTOR OF THE EYE AND CONTACT LENS FOUNDATION IS ALSO THE EXECUTIVE DIRECTOR OF THE SUPPORTED ORGANIZATION. FUNDS GIVEN TO THE SUPPORTED ORGANIZATION ARE USED SOLELY FOR CHARITABLE PURPOSES AND CONFIRMED AS SUCH BY THE EXECUTIVE DIRECTOR.
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART IV, SECTION A, LINE 3B
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IRS990ScheduleA/OtherSupportSumAmt00
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IRS990ScheduleA/SupportedOrganizationsTotalCnt01
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES BANK SERVICE CHARGES 24 TOTAL 24
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1UNREALIZED GAINS 9,158
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE EYE AND CONTACT LENS FOUNDATION SUPPORTS EDUCATION AND THE ADVANCEMENT OF RESEARCH AND TECHNOLOGIES RELATED TO CONTACT LENSES, ANTERIOR SEGMENT VISION CARE SERVICES AND PUBLIC EYE HEALTH CARE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3SUPPORT SCHOLARS AND MENTORING RELATIONSHIPS. PROVIDE TRAINING OPPORTUNITIES FOR RESIDENTS, FELLOWS AND YOUNG INVESTIGATORS. SUPPORT DISSEMINATION OF NEW CONTACT LENS AND OTHER MEANS OF VISION CORRECTION WORLDWIDE.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III, LINE 28
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ReturnHeader/Filer/PhoneNum03037706048
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ReturnHeader/ReturnTs02025-09-15T15:53:28-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-07-01
ReturnHeader/TaxPeriodEndDt02025-06-30
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

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