Civic Intelligence

Chicagoland Eye & Retina Foundation

EIN 47-1488689 • 501(c)3 • Chicago, IL

Pub. 78 Eligible990-N Coverage

Profile

The better vision foundation will provide continuing education and continuing medical education regarding current trends and upcoming research in the fields of medical and surgical eye and retina problems and conditions. The goal of the better vision foundation is to educate the public about current trends and upcoming research in the fields of medical and surgical eye and retina problems and conditions. The better vision foundation will conduct and provide support for research in the fields of medical and surgical eye and retina problems and conditions. As well as, provide support for charitable and missionary work related to eye care in disadvantaged communities globally and raise funds from the public and from all other sources available, receive and maintain such funds and expend principal and income there from.

1 E Wacker Drive 3150Chicago, IL 60601

www.ceretinafoundation.org

Siviq Scores

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

Liabilities / Assets

59th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

61st percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

5th percentile

-281%

Higher net margin than 5% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

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

Asset Growth

20th percentile

-42%

Faster asset growth than 20% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

8th percentile

-83%

Faster revenue growth than 8% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets59th percentile

Assets

Down

$16,461

Down $12,013 (-42%) from 2020

Liabilities

Flat

$0

Flat from 2020

Net Assets

Down

$16,461

Down $12,013 (-42%) from 2020

Operations
Liabilities / Revenue61st percentileNet Margin5th percentile

Revenue

Down

$4,275

Down $20,725 (-83%) from 2020

Expenses

Up

$16,288

Up $15,813 (+3329%) from 2020

Net Income

Down

-$12,013

Down $36,538 (-149%) from 2020

Trend Graphs

Balance Sheet Trend

Asset Growth20th percentile

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

$100K$50K$0-$50K-$100KAssets 2015: $827Liabilities 2015: $65,666Net Assets 2015: -$64,8392015Assets 2016: $1,234Liabilities 2016: $3,938Net Assets 2016: -$2,7042016Assets 2017: $6,039Liabilities 2017: $13,757Net Assets 2017: -$7,7182017Assets 2018: $6,165Liabilities 2018: $0Net Assets 2018: $6,1652018Assets 2019: $3,949Liabilities 2019: $0Net Assets 2019: $3,9492019Assets 2020: $28,474Liabilities 2020: $0Net Assets 2020: $28,4742020Assets 2021: $16,461Liabilities 2021: $0Net Assets 2021: $16,4612021

Highlighted filing

2021

Assets$16,461
Liabilities$0
Net Assets$16,461
Open 2021 Filing

Operations Trend

Revenue Growth8th percentile

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

$300K$200K$100K$0-$100KRevenue 2015: $168,880Expenses 2015: $221,613Net Income 2015: -$52,7332015Revenue 2016: $99,593Expenses 2016: $37,458Net Income 2016: $62,1352016Revenue 2017: $30,150Expenses 2017: $35,164Net Income 2017: -$5,0142017Revenue 2018: $15,025Expenses 2018: $1,142Net Income 2018: $13,8832018Revenue 2019: $13,000Expenses 2019: $15,216Net Income 2019: -$2,2162019Revenue 2020: $25,000Expenses 2020: $475Net Income 2020: $24,5252020Revenue 2021: $4,275Expenses 2021: $16,288Net Income 2021: -$12,0132021

Highlighted filing

2021

Revenue$4,275
Expenses$16,288
Net Income-$12,013
Open 2021 Filing

Filings

Most recent year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$16,461
Liabilities
$0
Net assets
$16,461
Revenue
$4,275
Expenses
$16,288
Net income
-$12,013
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$0.16$0.00$0.16$0.04$0.16$0.12
2020Detailed filing. Detailed filing data is available for this year.$0.28$0.00$0.28$0.25$0.00$0.25
2019Detailed filing. Detailed filing data is available for this year.$0.04$0.00$0.04$0.13$0.15$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.06$0.00$0.06$0.15$0.01$0.14
2017Detailed filing. Detailed filing data is available for this year.$0.06$0.14$0.08$0.30$0.35$0.05
2016Detailed filing. Detailed filing data is available for this year.$0.01$0.04$0.03$1.00$0.37$0.62
2015Detailed filing. Detailed filing data is available for this year.$0.01$0.66$0.65$1.69$2.22$0.53
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Sep 1, 2022
Return Version
2021v4.2
Gross Receipts
$4,275
Mission and Program Overview

Mission

The better vision foundation will provide continuing education and continuing medical education regarding current trends and upcoming research in the fields of medical and surgical eye and retina problems and conditions. The goal of the better vision foundation is to educate the public about current trends and upcoming research in the fields of medical and surgical eye and retina problems and conditions. The better vision foundation will conduct and provide support for research in the fields of medical and surgical eye and retina problems and conditions. As well as, provide support for charitable and missionary work related to eye care in disadvantaged communities globally and raise funds from the public and from all other sources available, receive and maintain such funds and expend principal and income there from.

Program Services

DescriptionGrantsExpenses
THE BETTER VISION FOUNDATION STRIVES TO PROVIDE EDUCATIONAL ACTIVITIES IN THE AREA OF EYE CARE BENEFITING HEALTHCARE PROVIDERS, PATIENTS, PLUS THOSE INTERESTED IN IMPROVING THEIR OVERALL EYE HEALTH. OUR ACTIVITIES ARE ALSO ACCREDITED TO PROVIDE CME FOR PHYSICIANS PLUS CE FOR OPTOMETRISTS.$0$16,288
THE BETTER VISION FOUNDATION WILL CONDUCT AND PROVIDE SUPPORT FOR RESEARCH IN THE FIELDS OF MEDICAL AND SURGICAL EYE AND RETINA PROBLEMS AND CONDITIONS. RESEARCH WILL BE FOCUSED ON THE AREAS OF CLINICAL RESEARCH IN THE FIELDS OF RETINA, GLAUCOMA, UVEITIS AND EYE INFLAMMATIONS, CORNEA AND CATARACT PROBLEMS TO HELP FIND TREATMENTS FOR MOST COMMON CAUSES OF BLINDNESS IN BOTH FIRST AND DEVELOPING WORLD COUNTRIES AND POPULATIONS.$0$0
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
ROBERT PEARLMANDirector-$0--
WENDWESSEN AMDEDirector-$0--
AHMED ABDELSALAMDirector-$0--
Filing and Contact Details

Filer

Filer Name
The Better Vision Foundation
EIN
47-1488689
Phone
3125271880
Address
1 E WACKER DRIVE 3150, CHICAGO, IL 60601

Signing Officer

Name
Aaron Cho
Title
Chief Financial Officer
Phone
3125271880
Signed
2022-09-01
Discuss with paid preparer
Yes

Preparer

Firm
Fgmk LLC
Address
2801 LAKESIDE DRIVE 3RD FLOOR, BANNOCKBURN, IL 60015
Preparer
Howard Stone
Phone
8473740400
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: bank fees. Amount: 288. Description: conferences, conventions, and meetings. Amount: 16,000. Total to form 990-ez, line 16: 16,288.”

Form 990-ez, Part II, Line 24 - Other Assets

“Description: due from crc. Beg. Of year amount: 549. End of year amount: 549.”

Raw XML Appendix160 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/PoliticalCampaignActyInd00
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IRS990EZ/ProgramServiceRevenueAmt00
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1THE BETTER VISION FOUNDATION WILL CONDUCT AND PROVIDE SUPPORT FOR RESEARCH IN THE FIELDS OF MEDICAL AND SURGICAL EYE AND RETINA PROBLEMS AND CONDITIONS. RESEARCH WILL BE FOCUSED ON THE AREAS OF CLINICAL RESEARCH IN THE FIELDS OF RETINA, GLAUCOMA, UVEITIS AND EYE INFLAMMATIONS, CORNEA AND CATARACT PROBLEMS TO HELP FIND TREATMENTS FOR MOST COMMON CAUSES OF BLINDNESS IN BOTH FIRST AND DEVELOPING WORLD COUNTRIES AND POPULATIONS.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: BANK FEES. AMOUNT: 288. DESCRIPTION: CONFERENCES, CONVENTIONS, AND MEETINGS. AMOUNT: 16,000. TOTAL TO FORM 990-EZ, LINE 16: 16,288.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: DUE FROM CRC. BEG. OF YEAR AMOUNT: 549. END OF YEAR AMOUNT: 549.
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TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
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