Civic Intelligence

Chicagoland Eye & Retina Foundation

990EZ • Fiscal year 2020 • EIN 47-1488689

Jan 01, 2020 to Dec 31, 2020 • Filed on Jul 29, 2021

1 E Wacker Drive No 3150Chicago, IL 60601

(312) 527-1880

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

55th percentile

0.00x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

98th percentile

98%

Higher net margin than 98% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

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.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

97th percentile

621%

Faster asset growth than 97% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

93rd percentile

92%

Faster revenue growth than 93% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$28,474

Up $24,525 (+621%) from 2019

Net Assets

Up

$28,474

Up $24,525 (+621%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Up

$25,000

Up $12,000 (+92%) from 2019

Expenses

Down

$475

Down $14,741 (-97%) from 2019

Net Income

Up

$24,525

Up $26,741 (+1207%) from 2019

Historical Trend

Balance Sheet Trend

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

$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

2020

Assets$28,474
Liabilities$0
Net Assets$28,474

Operations Trend

Revenue, expenses, and net income across loaded years, with this 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

2020

Revenue$25,000
Expenses$475
Net Income$24,525
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jul 29, 2021
Return Version
2020v4.1
Gross Receipts
$25,000
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$475
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

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 NO 3150, CHICAGO, IL 60601

Signing Officer

Name
Aaron Cho
Title
Chief Financial Officer
Phone
3125271880
Signed
2021-07-29
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: 475.

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 Appendix167 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/TitleTxt0DIRECTOR
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
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IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt0475
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0THE 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.
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE 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.
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.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0475
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IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
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IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt05025
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt080908
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0137433
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt00
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IRS990ScheduleA/InvestmentIncomeCYPct00.00000
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IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: BANK FEES. AMOUNT: 475.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: DUE FROM CRC. BEG. OF YEAR AMOUNT: 549. END OF YEAR AMOUNT: 549.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
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.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0AARON CHO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHIEF FINANCIAL OFFICER
ReturnHeader/BusinessOfficerGrp/PhoneNum03125271880
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-07-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE BETTER VISION FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0BETT
ReturnHeader/Filer/EIN0471488689
ReturnHeader/Filer/PhoneNum03125271880
ReturnHeader/Filer/USAddress/AddressLine1Txt01 E WACKER DRIVE NO 3150
ReturnHeader/Filer/USAddress/CityNm0CHICAGO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060601
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0362929601
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FGMK LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02801 LAKESIDE DRIVE 3RD FLOOR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BANNOCKBURN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
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ReturnHeader/PreparerPersonGrp/PhoneNum08473740400
ReturnHeader/PreparerPersonGrp/PreparationDt02021-07-26
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0HOWARD STONE
ReturnHeader/ReturnTs02021-08-12T15:32:48-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0AARON
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0CHO
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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