Civic Intelligence

Ocular Surface Research & Education Foundation Inc

990EZ • Fiscal year 2015 • EIN 65-0899151

Jan 01, 2015 to Dec 31, 2015 • Filed on Aug 15, 2016

7000 SW 97th Avenue Suite 212Miami, FL 33173-1494

(305) 412-5509

Siviq Scores

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

Liabilities / Assets

86th percentile

0.34x

Higher debt load relative to assets than 86% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

92nd percentile

0.45x

Higher debt load relative to revenue than 92% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

8th percentile

-52%

Higher net margin than 8% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

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.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

35th percentile

-5.1%

Faster asset growth than 35% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

54th percentile

3.8%

Faster revenue growth than 54% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Down

$47,483

Down $2,552 (-5.1%) from 2014

Net Assets

Down

$31,483

Down $18,552 (-37%) from 2014

Liabilities

$16,000

No earlier filing loaded for comparison.

Revenue

Up

$35,800

Up $1,300 (+3.8%) from 2014

Expenses

Up

$54,352

Up $28,750 (+112%) from 2014

Net Income

Down

-$18,552

Down $27,450 (-308%) from 2014

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2011: $154,652Liabilities 2011: $02011Assets 2012: $82,754Net Assets 2012: $82,7542012Assets 2013: $41,198Liabilities 2013: $61Net Assets 2013: $41,1372013Assets 2014: $50,035Net Assets 2014: $50,0352014Assets 2015: $47,483Liabilities 2015: $16,000Net Assets 2015: $31,4832015Assets 2016: $61,421Liabilities 2016: $6,000Net Assets 2016: $55,4212016Assets 2017: $60,646Liabilities 2017: $6,000Net Assets 2017: $54,6462017Assets 2021: $28,798Liabilities 2021: $0Net Assets 2021: $28,7982021Assets 2022: $28,522Liabilities 2022: $0Net Assets 2022: $28,5222022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023

Highlighted filing

2015

Assets$47,483
Liabilities$16,000
Net Assets$31,483

Operations Trend

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

$150K$100K$50K$0-$50K-$100KRevenue 2011: $13,314Expenses 2011: $83,508Net Income 2011: -$70,1942011Revenue 2012: -$32,344Expenses 2012: $39,554Net Income 2012: -$71,8982012Revenue 2013: $5,508Expenses 2013: $47,125Net Income 2013: -$41,6172013Revenue 2014: $34,500Expenses 2014: $25,602Net Income 2014: $8,8982014Revenue 2015: $35,800Expenses 2015: $54,352Net Income 2015: -$18,5522015Revenue 2016: $32,700Expenses 2016: $8,762Net Income 2016: $23,9382016Revenue 2017: $21,000Expenses 2017: $21,775Net Income 2017: -$7752017Revenue 2021: $109,800Expenses 2021: $76,768Net Income 2021: $33,0322021Revenue 2022: $66,043Expenses 2022: $66,319Net Income 2022: -$2762022Revenue 2023: $53,308Expenses 2023: $81,830Net Income 2023: -$28,5222023

Highlighted filing

2015

Revenue$35,800
Expenses$54,352
Net Income-$18,552
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Aug 15, 2016
Return Version
2015v2.1
Gross Receipts
$35,800
Mission and Program Overview

Mission

Medical research in ocular surface treatments

Program Services

DescriptionGrantsExpenses
DURING 2015 THE OCULAR SURFACE RESEARCH AND EDUCATION FOUNDATION HOSTED SEVEN VISITORS WHOSE VISITS RANGED FROM A FEW DAYS TO EIGHT MONTHS. TWO OF THE VISITORS PARTICIPATED IN THE CLINICAL DIAGNOSIS, TREATMENT AND SURGERY OBSERVATION AS WELL AS DOCUMENTATION OF DATA AND RECORDING PROCEDURES USED IN THOSES SURGERIES. TWO POSTER PRESENTATIONS WERE SUBMITTED BY VARIOUS FELLOWS IN CORROBORATION WITH OTHERS AT THE ARVO MEETING AND A FEW PAPERS ON CURRENT RESEARCH WERE SUBMITTED FOR REVIEW. THERE WERE VARIOUS PICNICS AND HOLIDAY PARTIES THROUGHOUT THE YEAR WHICH WERE WELL ATTENDED BY FELLOWS.$21,400$52,251
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DR BILLY YEHDirector & P-$0--
DR SCHEFFER TSENGDirector-$0--
DR STEVEN MASKINDirector-$0--
DR TUNG-TIEN SUNDirector-$0--
DR ALICE SHENDirector-$0--
DR VK RAJUDirector-$0--
DR KAZUO TSUBOTADirector-$0--
AMY H TSENGCPATreasurer/Se-$0--
Filing and Contact Details

Filer

Filer Name
Ocular Surface Research & Education
EIN
65-0899151
Phone
3054125509
Address
7000 SW 97TH AVENUE SUITE 212, MIAMI, FL 33173-1494

Signing Officer

Name
Amy H Tsengcpa
Title
Treasurer/sec
Phone
3054125509
Signed
2016-08-15
Discuss with paid preparer
Yes

Preparer

Firm
Freund Katz Goldston Young & Co Pa
Address
10729 SW 104TH STREET, MIAMI, FL 33176
Preparer
Steven a Young CPA
Phone
3052791288
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10

21,400 0 0

Form 990-ez, Part I, Line 16

Medical research non-investment depreciation 20,486 expenses office supplies 245 bank charges 45 conference travel 6,288 professional meeting reg 725 accreditation fee 75 filing fees 61 lab tests 90 supplies 150 total 28,165

Form 990-ez, Part II, Line 24

Lab equipment 8,660 46,901 less accumulated depreciation 8,660 29,146 computer equipment 2,580 2,580 less accumulated depreciation 2,580 2,580 furniture & fixtures 2,945 2,945 less accumulated depreciation 2,945 2,945 total 0 17,755

Form 990-ez, Part II, Line 26

Loans from officers 0 16,000

Form 990-ez, Part III, Line 28

During 2015 the ocular surface research and education foundation hosted seven visitors whose visits ranged from a few days to eight months. Two of the visitors participated in the clinical diagnosis, treatment and surgery observation as well as documentation of data and recording procedures used in thoses surgeries. Two poster presentations were submitted by various fellows in corroboration with others at the arvo meeting and a few papers on current research were submitted for review. There were various picnics and holiday parties throughout the year which were well attended by fellows.

Raw XML Appendix156 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEDICAL RESEARCH NON-INVESTMENT DEPRECIATION 20,486 EXPENSES OFFICE SUPPLIES 245 BANK CHARGES 45 CONFERENCE TRAVEL 6,288 PROFESSIONAL MEETING REG 725 ACCREDITATION FEE 75 FILING FEES 61 LAB TESTS 90 SUPPLIES 150 TOTAL 28,165
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2LAB EQUIPMENT 8,660 46,901 LESS ACCUMULATED DEPRECIATION 8,660 29,146 COMPUTER EQUIPMENT 2,580 2,580 LESS ACCUMULATED DEPRECIATION 2,580 2,580 FURNITURE & FIXTURES 2,945 2,945 LESS ACCUMULATED DEPRECIATION 2,945 2,945 TOTAL 0 17,755
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3LOANS FROM OFFICERS 0 16,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DURING 2015 THE OCULAR SURFACE RESEARCH AND EDUCATION FOUNDATION HOSTED SEVEN VISITORS WHOSE VISITS RANGED FROM A FEW DAYS TO EIGHT MONTHS. TWO OF THE VISITORS PARTICIPATED IN THE CLINICAL DIAGNOSIS, TREATMENT AND SURGERY OBSERVATION AS WELL AS DOCUMENTATION OF DATA AND RECORDING PROCEDURES USED IN THOSES SURGERIES. TWO POSTER PRESENTATIONS WERE SUBMITTED BY VARIOUS FELLOWS IN CORROBORATION WITH OTHERS AT THE ARVO MEETING AND A FEW PAPERS ON CURRENT RESEARCH WERE SUBMITTED FOR REVIEW. THERE WERE VARIOUS PICNICS AND HOLIDAY PARTIES THROUGHOUT THE YEAR WHICH WERE WELL ATTENDED BY FELLOWS.
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ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

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