Civic Intelligence

Educational Foundation in Ophthalmic Optics

990EZ • Fiscal year 2016 • EIN 41-6035017

Jul 01, 2015 to Jun 30, 2016 • Filed on Mar 09, 2017

6506 Loisdale RoadSpringfield, VA 22150

(703) 719-5800

Siviq Scores

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

Liabilities / Assets

72nd percentile

0.05x

Higher debt load relative to assets than 72% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

58th percentile

0.00x

Higher debt load relative to revenue than 58% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

5th percentile

-85%

Higher net margin than 5% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

3rd percentile

-93%

Faster asset growth than 3% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

63rd percentile

10%

Faster revenue growth than 63% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Down

$6,776

Down $93,774 (-93%) from 2015

Net Assets

Down

$6,452

Down $93,940 (-94%) from 2015

Liabilities

Up

$324

Up $166 (+105%) from 2015

Revenue

Up

$110,000

Up $10,000 (+10%) from 2015

Expenses

Up

$203,940

Up $6,882 (+3.5%) from 2015

Net Income

Up

-$93,940

Up $3,118 (+3.2%) from 2015

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2013: $242,626Liabilities 2013: $02013Assets 2014: $197,450Liabilities 2014: $02014Assets 2015: $100,550Liabilities 2015: $158Net Assets 2015: $100,3922015Assets 2016: $6,776Liabilities 2016: $324Net Assets 2016: $6,4522016Assets 2017: $856Liabilities 2017: $3112017Assets 2018: $3,207Liabilities 2018: $1,618Net Assets 2018: $1,5892018Assets 2019: $1,707Liabilities 2019: $0Net Assets 2019: $1,7072019Assets 2020: $1,707Liabilities 2020: $0Net Assets 2020: $1,7072020Assets 2021: $1,707Liabilities 2021: $0Net Assets 2021: $1,7072021Assets 2022: $1,707Liabilities 2022: $0Net Assets 2022: $1,7072022Assets 2023: $1,707Liabilities 2023: $02023Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $02024

Highlighted filing

2016

Assets$6,776
Liabilities$324
Net Assets$6,452

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2013: $0Expenses 2013: $3,991Net Income 2013: -$3,9912013Revenue 2014: $0Expenses 2014: $45,176Net Income 2014: -$45,1762014Revenue 2015: $100,000Expenses 2015: $197,058Net Income 2015: -$97,0582015Revenue 2016: $110,000Expenses 2016: $203,940Net Income 2016: -$93,9402016Revenue 2017: $85,000Expenses 2017: $90,907Net Income 2017: -$5,9072017Revenue 2018: $5,000Expenses 2018: $3,956Net Income 2018: $1,0442018Revenue 2019: $2,605Expenses 2019: $2,487Net Income 2019: $1182019Revenue 2020: $0Expenses 2020: $0Net Income 2020: $02020Revenue 2021: $0Expenses 2021: $0Net Income 2021: $02021Revenue 2022: $0Expenses 2022: $0Net Income 2022: $02022Revenue 2023: $20,619Expenses 2023: $20,619Net Income 2023: $02023Revenue 2024: $33,401Expenses 2024: $35,108Net Income 2024: -$1,7072024

Highlighted filing

2016

Revenue$110,000
Expenses$203,940
Net Income-$93,940
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Mar 9, 2017
Return Version
2015v3.0
Gross Receipts
$110,000
Mission and Program Overview

Mission

To promote development of study in the field of ophthalmic optics.

Program Services

DescriptionGrantsExpenses
EFOO WAS FORMED TO RECEIVE, MANAGE, AND ADMINISTER DONATIONS RELATING TO EDUCATIONAL ACTIVITIES IN THE FIELD OF OPHTHALMIC OPTICS AND SUBJECTS GERMANE THERETO; TO RENDER FINANCIAL ASSISTANCE TO OPTICIANRY-RELATED EDUCATIONAL PROGRAMS; TO RENDER FINANCIAL ASSISTANCE TO INSTITUTIONS OF HIGHER LEARNING FOR PURPOSES OF PROVIDING OPPORTUNITIES TO STUDENTS OF OPTICIANRY.$197,000$197,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JAMES M MORRISExecutive Director-$0--
MICHELE SELFChair-$0--
TOM BARRACATOVice-Chair-$0--
DAVID MELDRUMTreasurer-$0--
DANNY THOMASSecretary-$0--
MIKE SZCZERBIAKBoard Member-$0--
PATRICK GOUGHARYBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Educational Foundation in Ophthalmic
EIN
41-6035017
Phone
7037195800
Address
6506 LOISDALE ROAD, SPRINGFIELD, VA 22150

Signing Officer

Name
James Morris
Title
Executive Director
Phone
7037195800
Signed
2017-03-09
Discuss with paid preparer
Yes

Preparer

Firm
Gelman Rosenberg & Freedman
Address
4550 MONTGOMERY AVE SUITE 650N, BETHESDA, MD 20814-2930
Phone
3019519090
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: support for education in opticianry field. Grantee name: national federation of opticianry schools. Grantee address: 4500 enterprise drive allen park, mi 48101. Grantee relationship: none. Property description: cash. Date of gift: 04/13/16. Amount given: 26,000.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: support for education in opticianry field. Grantee name: national academy of opticianry. Grantee address: 8401 corporate drive, ste 605 landover, md 20785. Grantee relationship: none. Property description: cash. Date of gift: 04/13/16. Amount given: 69,500.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: support for education in opticianry field. Grantee name: commission on opticianry accreditation. Grantee address: p.o. Box 592 canton, ny 13617. Grantee relationship: none. Property description: cash. Date of gift: 10/14/15. Amount given: 15,000.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: support for education in opticianry field. Grantee name: opticians association of america. Grantee address: 4064 e. Fir hill drive lakeland, tn 38002. Grantee relationship: none. Property description: cash. Date of gift: 04/13/16. Amount given: 86,500. Total included on form 990-ez, line 10: 197,000.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: accounts payable. Beg. Of year amount: 158. End of year amount: 324.

Raw XML Appendix189 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2VICE-CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6BOARD MEMBER
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IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
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IRS990EZ/PrimaryExemptPurposeTxt0TO PROMOTE DEVELOPMENT OF STUDY IN THE FIELD OF OPHTHALMIC OPTICS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0EFOO WAS FORMED TO RECEIVE, MANAGE, AND ADMINISTER DONATIONS RELATING TO EDUCATIONAL ACTIVITIES IN THE FIELD OF OPHTHALMIC OPTICS AND SUBJECTS GERMANE THERETO; TO RENDER FINANCIAL ASSISTANCE TO OPTICIANRY-RELATED EDUCATIONAL PROGRAMS; TO RENDER FINANCIAL ASSISTANCE TO INSTITUTIONS OF HIGHER LEARNING FOR PURPOSES OF PROVIDING OPPORTUNITIES TO STUDENTS OF OPTICIANRY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt0197000
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IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgQualifiedInd01
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IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtExclusivelySec170c2BInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd01
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0EFOO'S SUPPORTED ORGANIZATION, AMERICAN BOARD OF OPTICIANRY, IS A 501(C)(6).
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1A PUBLIC SUPPORT TEST UNDER SECTION 509(A)(2) IS PREPARED TO ENSURE AMERICAN BOARD OF OPTICIANRY SATISFIES THE PUBLIC SUPPORT REQUIREMENTS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt2EFOO DOES NOT GIVE SUPPORT DIRECTLY TO THE AMERICAN BOARD OF OPTICIANRY. GRANTS MADE BY EFOO ARE USED FOR SECTION 170(C)(2)(B) PURPOSES AND SUPPORT THE MISSION OF AMERICAN BOARD OF OPTICIANRY.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION A, LINE 2:
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART IV, SECTION A, LINE 3B:
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc2PART IV, SECTION A, LINE 3C:
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IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt0197000
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ACTIVITY CLASSIFICATION: SUPPORT FOR EDUCATION IN OPTICIANRY FIELD. GRANTEE NAME: NATIONAL FEDERATION OF OPTICIANRY SCHOOLS. GRANTEE ADDRESS: 4500 ENTERPRISE DRIVE ALLEN PARK, MI 48101. GRANTEE RELATIONSHIP: NONE. PROPERTY DESCRIPTION: CASH. DATE OF GIFT: 04/13/16. AMOUNT GIVEN: 26,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACTIVITY CLASSIFICATION: SUPPORT FOR EDUCATION IN OPTICIANRY FIELD. GRANTEE NAME: NATIONAL ACADEMY OF OPTICIANRY. GRANTEE ADDRESS: 8401 CORPORATE DRIVE, STE 605 LANDOVER, MD 20785. GRANTEE RELATIONSHIP: NONE. PROPERTY DESCRIPTION: CASH. DATE OF GIFT: 04/13/16. AMOUNT GIVEN: 69,500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACTIVITY CLASSIFICATION: SUPPORT FOR EDUCATION IN OPTICIANRY FIELD. GRANTEE NAME: COMMISSION ON OPTICIANRY ACCREDITATION. GRANTEE ADDRESS: P.O. BOX 592 CANTON, NY 13617. GRANTEE RELATIONSHIP: NONE. PROPERTY DESCRIPTION: CASH. DATE OF GIFT: 10/14/15. AMOUNT GIVEN: 15,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACTIVITY CLASSIFICATION: SUPPORT FOR EDUCATION IN OPTICIANRY FIELD. GRANTEE NAME: OPTICIANS ASSOCIATION OF AMERICA. GRANTEE ADDRESS: 4064 E. FIR HILL DRIVE LAKELAND, TN 38002. GRANTEE RELATIONSHIP: NONE. PROPERTY DESCRIPTION: CASH. DATE OF GIFT: 04/13/16. AMOUNT GIVEN: 86,500. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 197,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 158. END OF YEAR AMOUNT: 324.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JAMES MORRIS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum07037195800
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-03-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0EDUCATIONAL FOUNDATION IN OPHTHALMIC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0OPTICS
ReturnHeader/Filer/BusinessNameControlTxt0EDUC
ReturnHeader/Filer/EIN0416035017
ReturnHeader/Filer/PhoneNum07037195800
ReturnHeader/Filer/USAddress/AddressLine1Txt06506 LOISDALE ROAD
ReturnHeader/Filer/USAddress/CityNm0SPRINGFIELD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd022150
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0521392008
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GELMAN ROSENBERG & FREEDMAN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04550 MONTGOMERY AVE SUITE 650N
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BETHESDA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0208142930
ReturnHeader/PreparerPersonGrp/PhoneNum03019519090
ReturnHeader/ReturnTs02017-03-09T07:35:32-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-07-01
ReturnHeader/TaxPeriodEndDt02016-06-30
ReturnHeader/TaxYr02015

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