Civic Intelligence

Vmr Research Foundation

990EZ • Fiscal year 2023 • EIN 61-1888947

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 15, 2024

620 Newport Center Drive Pmb 490 11Newport Beach, CA 92660

(949) 721-6655

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.14x

Higher debt load relative to assets than 82% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

89th percentile

0.28x

Higher debt load relative to revenue than 89% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

92nd percentile

56%

Higher net margin than 92% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

84th percentile

46%

Faster asset growth than 84% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

88th percentile

86%

Faster revenue growth than 88% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$226,318

Up $71,523 (+46%) from 2022

Net Assets

Up

$194,106

Up $64,186 (+49%) from 2022

Liabilities

Up

$32,212

Up $7,337 (+29%) from 2022

Revenue

Up

$114,558

Up $53,087 (+86%) from 2022

Expenses

Up

$50,372

Up $740 (+1.5%) from 2022

Net Income

Up

$64,186

Up $52,347 (+442%) from 2022

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2019: $54,905Liabilities 2019: $26,308Net Assets 2019: $28,5972019Assets 2020: $113,244Liabilities 2020: $21,351Net Assets 2020: $91,8932020Assets 2021: $141,173Liabilities 2021: $23,092Net Assets 2021: $118,0812021Assets 2022: $154,795Liabilities 2022: $24,875Net Assets 2022: $129,9202022Assets 2023: $226,318Liabilities 2023: $32,212Net Assets 2023: $194,1062023Assets 2024: $367,274Liabilities 2024: $29,770Net Assets 2024: $337,5042024

Highlighted filing

2023

Assets$226,318
Liabilities$32,212
Net Assets$194,106

Operations Trend

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

$200K$150K$100K$50K$0Revenue 2019: $50,003Expenses 2019: $19,250Net Income 2019: $30,7532019Revenue 2020: $77,250Expenses 2020: $13,954Net Income 2020: $63,2962020Revenue 2021: $55,966Expenses 2021: $29,778Net Income 2021: $26,1882021Revenue 2022: $61,471Expenses 2022: $49,632Net Income 2022: $11,8392022Revenue 2023: $114,558Expenses 2023: $50,372Net Income 2023: $64,1862023Revenue 2024: $191,691Expenses 2024: $48,293Net Income 2024: $143,3982024

Highlighted filing

2023

Revenue$114,558
Expenses$50,372
Net Income$64,186
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 15, 2024
Return Version
2023v5.1
Gross Receipts
$114,558
Mission and Program Overview

Mission

Research for causes and cures of visual floaters (in the human eye)

Program Services

DescriptionGrantsExpenses
MISSION IS TO PROMOTE INCREASED PROFESSIONAL UNDERSTANDING AND PUBLIC AWARENESS OF VITREO-RETINAL DISORDERS WITH A PARTICULAR EMPAHASIS ON VITREOUS (GELL FILLING THE EYE) AND VISION DEGRADING MYODESOPSIA (CLINICALLY SIGNIFICANT FLOATERS). VMRR RAISES FUNDS TO SUPPORT SCIENTIFIC RESEARCH PERFORMED BY ITS FOUNDER AND RESEARCH TECHNICIANS EMPLOYED TO ASSIST IN CONDUCTING THIS RESEARCH. FUNDS ALSO SUPPORT EFFORTS TO EDUCATE OTHER DOCTORS AS WELL AS RAISE PUBLIC AWARENESS.-$50,372
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JERRY SEBAGPresident-$0--
GREGORY W BECKTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Vmr Research Foundation
EIN
61-1888947
Phone
9497216655
Address
620 NEWPORT CENTER DRIVE PMB 490 11, NEWPORT BEACH, CA 92660

Signing Officer

Name
Jerry Sebag
Title
President
Signed
2024-11-15
Discuss with paid preparer
Yes

Preparer

Firm
Gregory Beck CPA a Prof Corp
Address
2019 W ORANGEWOOD SUITE B, ORANGE, CA 92868
Preparer
Gregory W Beck
Phone
7145381040
Supplemental Narrative

Additional Explanations

Other Expenses.1005

Travel $9493

Other Expenses.1

OUTSIDE SERVICES $32414

Other Expenses.2

RENT $2423

Other Expenses.3

MEALS $1540

Other Expenses.4

DUES & SUBS $1384

Other Expenses.5

Bank service charges $1059

Other Expenses.6

INTEREST CHARGES $121

Other Expenses.7

PRINTING $97

Other Expenses.8

LICENSE & PERMITS $59

Other Expenses.9

MISC $19

Other Expenses.10

OFFICE SUPPLIES $3

Other Assets.1005

Accounts Receivable - Beginning $3900 Accounts Receivable - Ending $0

Total Liabilities.1001

Accounts Payable and Accrued Expenses - Beginning $4094 Accounts Payable and Accrued Expenses - Ending $6331

Total Liabilities.1006

Payable to Officers, Directors, Etc. - Beginning $20781 Payable to Officers, Directors, Etc. - Ending $25881

Raw XML Appendix183 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/WebsiteAddressTxt0N/A
IRS990ScheduleA/FactsAndCircumstancesTestTxt0Current Year Facts and Circumstances: VMRR maintains a continuous & bona fide program for solicitation of funds from the general public, community, membership groups and other public charities.VMRR is a scientific research and education organization founded to promote increased professional understanding and public awareness of vitreo-retinal disorders with a particular emphasis on vitreous (gell filling the eye) and vision degrading myodesopsia (clinically significant floaters)[https://www.sciencedirect.com/science/article/abs/pii/S1350946220300197?via%3Dihub]. VMRR raises funds to support scientific research performed by its founder Dr. Sebag and research technicians employed to assist in conducting this research. Funds also support efforts to educate other doctors as well as raise public awareness. VMRR provides services directly for the benefit of the general public on a continuing basis.
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IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt016381
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt19500
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd1false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BusinessName/BusinessNameLine1Txt0VMR INSTITUTE
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0DR JERRY SEBAG
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0PRESIDENT
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Travel $9493
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2RENT $2423
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MEALS $1540
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DUES & SUBS $1384
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5BANK SERVICE CHARGES $1059
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6INTEREST CHARGES $121
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7PRINTING $97
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8LICENSE & PERMITS $59
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9MISC $19
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10OFFICE SUPPLIES $3
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Accounts Receivable - Beginning $3900 Accounts Receivable - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Accounts Payable and Accrued Expenses - Beginning $4094 Accounts Payable and Accrued Expenses - Ending $6331
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Payable to Officers, Directors, Etc. - Beginning $20781 Payable to Officers, Directors, Etc. - Ending $25881
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.4
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ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JERRY SEBAG
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VMR RESEARCH FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0VMRR
ReturnHeader/Filer/EIN0611888947
ReturnHeader/Filer/PhoneNum09497216655
ReturnHeader/Filer/USAddress/AddressLine1Txt0620 NEWPORT CENTER DRIVE PMB 490 11
ReturnHeader/Filer/USAddress/CityNm0NEWPORT BEACH
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
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ReturnHeader/PreparerPersonGrp/PhoneNum07145381040
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Gregory W Beck
ReturnHeader/ReturnTs02024-11-15T10:48:40-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2023 filings • 501(c)3 • <$500k nonprofits