Civic Intelligence

Warby Parker Impact Foundation

990EZ • Fiscal year 2020 • EIN 84-2384402

Jan 01, 2020 to Dec 31, 2020 • Filed on May 05, 2021

233 Spring Street 6th Floor EastNew York, NY 10013

(888) 492-7297

Siviq Scores

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

Liabilities / Assets

46th percentile

0.00x

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

2020 filings • NTEE E • <$500k nonprofits • Source year 2020

Liabilities / Revenue

46th percentile

0.00x

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

2020 filings • NTEE E • <$500k nonprofits • Source year 2020

Net Margin

62nd percentile

14%

Higher net margin than 62% of similar nonprofits.

2020 filings • NTEE E • <$500k nonprofits • Source year 2020

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.

2020 filings • NTEE E60 • <$500k nonprofits • Source year 2020

Asset Growth

70th percentile

16%

Faster asset growth than 70% of similar nonprofits.

2020 filings • NTEE E • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

75th percentile

15%

Faster revenue growth than 75% of similar nonprofits.

2020 filings • NTEE E • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$179,197

Up $24,249 (+16%) from 2019

Net Assets

Up

$179,197

Up $24,249 (+16%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Up

$177,500

Up $22,500 (+15%) from 2019

Expenses

Up

$153,251

Up $153,199 (+294613%) from 2019

Net Income

Down

$24,249

Down $130,699 (-84%) from 2019

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2019: $154,948Liabilities 2019: $0Net Assets 2019: $154,9482019Assets 2020: $179,197Liabilities 2020: $0Net Assets 2020: $179,1972020Assets 2021: $10,440,733Liabilities 2021: $37,500Net Assets 2021: $10,403,2332021Assets 2022: $12,164,577Liabilities 2022: $306,519Net Assets 2022: $11,858,0582022Assets 2023: $14,926,547Liabilities 2023: $8,422Net Assets 2023: $14,918,1252023Assets 2024: $19,539,839Liabilities 2024: $51,661Net Assets 2024: $19,488,1782024

Highlighted filing

2020

Assets$179,197
Liabilities$0
Net Assets$179,197

Operations Trend

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

$15M$10M$5.0M$0Revenue 2019: $155,000Expenses 2019: $52Net Income 2019: $154,9482019Revenue 2020: $177,500Expenses 2020: $153,251Net Income 2020: $24,2492020Revenue 2021: $10,311,621Expenses 2021: $87,585Net Income 2021: $10,224,0362021Revenue 2022: $2,761,949Expenses 2022: $1,272,810Net Income 2022: $1,489,1392022Revenue 2023: $2,980,257Expenses 2023: $1,298,743Net Income 2023: $1,681,5142023Revenue 2024: $4,671,663Expenses 2024: $1,106,603Net Income 2024: $3,565,0602024

Highlighted filing

2020

Revenue$177,500
Expenses$153,251
Net Income$24,249
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 5, 2021
Return Version
2020v4.1
Gross Receipts
$177,500
Mission and Program Overview

Mission

To promote eye health and educate the public about eye care and eye health by (i) conducting vision screenings, eye exams, and other eye care services for underprivileged children and adults, (ii) helping people identify and access local eye care providers for additional care and support and transporting patients to and from eye care appointments, (iii) providing, maintaining, and repairing eyeglasses for underprivileged children and adults, (iv) conducting classes, workshops, awareness campaigns, and other educational programs to educate the public about eye care and eye health, (v) creating and distributing educational materials related to eye care and eye health, (vi)lobbying for issues related to eye care and eye health, (vii) conducting or commissioning research related to eye care and eye health, (viii) making grants to underprivileged children and adults to pay for eye care services and products, and (ix) making grants to other 501(c)(3) organizations.

To promote eye health and educate the public about eye care and eye health by (i) conducting vision screenings, eye exams, and other eye care services for underprivileged children and adults, (ii) helping people identify and access local eye care providers for additional care and support and transporting patients to and from eye care appointments, (iii) providing, maintaining, and repairing eyeglasses for underprivileged children and adults, (iv) conducting classes, workshops, awareness campaigns, and other educational programs to educate the public about eye care and eye health, (v) creating and distributing educational materials related to eye care and eye health, (vi)lobbying for issues related to eye care and eye health, (vii) conducting or commissioning research related to eye care and eye health, (viii) making grants to underprivileged children and adults to pay for eye care services and products, and (ix) making grants to other 501(c)(3) organizations, foreign charitable organiz

Program Services

DescriptionGrantsExpenses
THE WARBY PARKER FOUNDATION CONTINUED TO SUPPORT EYE SERVICES PROVISION IN NEW YORK CITY PUBLIC SCHOOLS, PROVIDING FUNDING FOR THESE SERVICES VIA A GRANT TO THE MAYOR'S FUND FOR NEW YORK CITY. SCHOOLS WERE SHUT DOWN IN MARCH OF 2020 DUE TO COVID-19 AND VISION SERVICES WERE NOT ABLE TO RESUME IN-PERSON FOR THE REMAINDER OF THE CALENDAR YEAR DUE TO STRICT HEALTH AND SAFETY PRECAUTIONS. DURING THIS TIME, THE WARBY PARKER FOUNDATION CONTINUED TO WORK WITH PARTNERS TO PLAN FOR SCHOOL REOPENING AND THE RESUMPTION OF IN-SCHOOL VISION SERVICES IN 2021.$152,500$152,500
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
NEIL BLUMENTHALPresident/Chairman-$0--
DAVID GILBOADirector/Secretary-$0--
JOEL CUTLERDirector/Treasurer-$0--
JESSE SNEATHInterim Executive Director-$0--
Filing and Contact Details

Filer

Filer Name
Warby Parker Foundation
EIN
84-2384402
In Care Of
% NEIL BLUMENTHAL
Phone
8884927297
Address
233 SPRING STREET 6TH FLOOR EAST, NEW YORK, NY 10013

Signing Officer

Name
Neil Blumenthal
Title
President/chairman
Phone
8778295500
Signed
2021-05-05
Discuss with paid preparer
Yes

Preparer

Firm
Ernst & Young US Llp
Address
111 MONUMENT CIRCLE SUITE 4000, INDIANAPOLIS, IN 46204
Preparer
Jennifer Rhoderick
Phone
3176817000
Supplemental Narrative

Additional Explanations

Form 990EZ Part I Line 10

Donees name:mayor's fund to advance new york city donees address:253 broadway, 6th floor new york, ny 10007 relationship:none purpose of payment:general support amount:152500

Form 990EZ Part I Line 16

Description:BANK SERVICE CHARGE Amount:656

Form 990EZ Part I Line 16

Description:STATE CHARITABLE FILING EXPENSES Amount:95

Raw XML Appendix184 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/TitleTxt1DIRECTOR/SECRETARY
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3INTERIM EXECUTIVE DIRECTOR
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ReturnHeader/ReturnTs02021-05-06T08:02:07-05:00
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ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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