Civic Intelligence

Discovery Eye Foundation

990 • Fiscal year 2015 • EIN 95-4228653

Jan 01, 2015 to Dec 31, 2015 • Filed on Aug 12, 2016

Organization Profilewww.discoveryeye.org
6222 Wilshire Blvd No 260Los Angeles, CA 90048

(310) 623-4466

Siviq Scores

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

Liabilities / Assets

33rd percentile

0.03x

Higher debt load relative to assets than 33% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

29th percentile

0.03x

Higher debt load relative to revenue than 29% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

2nd percentile

-211%

Higher net margin than 2% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

77th percentile

$121,435

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 11.7% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

1st percentile

-69%

Faster asset growth than 1% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

33rd percentile

-2.7%

Faster revenue growth than 33% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets33rd percentile

Assets

Down

$1,178,466

Down $2,564,426 (-69%) from 2014

Net Assets

Down

$1,146,879

Down $2,575,029 (-69%) from 2014

Liabilities

Up

$31,587

Up $10,603 (+51%) from 2014

Revenue And Expenses
Liabilities / Revenue29th percentileNet Margin2nd percentile

Revenue

Down

$1,041,120

Down $29,033 (-2.7%) from 2014

Expenses

Up

$3,241,935

Up $1,786,057 (+123%) from 2014

Net Income

Down

-$2,200,815

Down $1,815,090 (-471%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth1st percentile

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $7,424,365Liabilities 2011: $24,507Net Assets 2011: $7,399,8582011Assets 2012: $7,014,683Liabilities 2012: $19,626Net Assets 2012: $6,995,0572012Assets 2013: $3,922,456Liabilities 2013: $17,010Net Assets 2013: $3,905,4462013Assets 2014: $3,742,892Liabilities 2014: $20,984Net Assets 2014: $3,721,9082014Assets 2015: $1,178,466Liabilities 2015: $31,587Net Assets 2015: $1,146,8792015Assets 2016: $766,657Liabilities 2016: $22,053Net Assets 2016: $744,6042016Assets 2017: $857,913Liabilities 2017: $22,025Net Assets 2017: $835,8882017Assets 2018: $1,287,162Liabilities 2018: $15,830Net Assets 2018: $1,271,3322018Assets 2019: $2,037,025Liabilities 2019: $8,554Net Assets 2019: $2,028,4712019Assets 2020: $2,138,357Liabilities 2020: $5,175Net Assets 2020: $2,133,1822020Assets 2021: $2,510,991Liabilities 2021: $6,021Net Assets 2021: $2,504,9702021Assets 2022: $2,371,289Liabilities 2022: $33,834Net Assets 2022: $2,337,4552022Assets 2023: $2,424,951Liabilities 2023: $16,250Net Assets 2023: $2,408,7012023Assets 2024: $2,673,552Liabilities 2024: $81,565Net Assets 2024: $2,591,9872024

Highlighted filing

2015

Assets$1,178,466
Liabilities$31,587
Net Assets$1,146,879
Open 2015 Filing

Operations Trend

Revenue Growth33rd percentile

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

$6.0M$4.0M$2.0M$0-$2.0M-$4.0MRevenue 2011: $1,180,038Expenses 2011: $1,338,115Net Income 2011: -$158,0772011Revenue 2012: $1,732,071Expenses 2012: $2,136,872Net Income 2012: -$404,8012012Revenue 2013: $808,792Expenses 2013: $4,299,335Net Income 2013: -$3,490,5432013Revenue 2014: $1,070,153Expenses 2014: $1,455,878Net Income 2014: -$385,7252014Revenue 2015: $1,041,120Expenses 2015: $3,241,935Net Income 2015: -$2,200,8152015Revenue 2016: $433,513Expenses 2016: $897,538Net Income 2016: -$464,0252016Revenue 2017: $395,243Expenses 2017: $378,007Net Income 2017: $17,2362017Revenue 2018: $1,176,873Expenses 2018: $609,684Net Income 2018: $567,1892018Revenue 2019: $1,075,734Expenses 2019: $565,874Net Income 2019: $509,8602019Revenue 2020: $680,849Expenses 2020: $660,221Net Income 2020: $20,6282020Revenue 2021: $804,874Expenses 2021: $665,686Net Income 2021: $139,1882021Revenue 2022: $563,217Expenses 2022: $567,298Net Income 2022: -$4,0812022Revenue 2023: $602,264Expenses 2023: $588,199Net Income 2023: $14,0652023Revenue 2024: $583,796Expenses 2024: $346,588Net Income 2024: $237,2082024

Highlighted filing

2015

Revenue$1,041,120
Expenses$3,241,935
Net Income-$2,200,815
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Aug 12, 2016
Return Version
2015v2.1
Gross Receipts
$3,104,325
Mission and Program Overview

Mission

Discovery eye foundation supports research, education, and advocacy relating to sight-threatening eye dieseases and their treatments improving the quality of life for patients and their families.

Discovery Eye Foundation (DEF) supported research continues at the University of California Irvine and thru the Stem Cell Regeneration Program, which is a collaboration with other universities worldwide. To better inform our constituents of the progress being made, as well as provide outreach to people affected by age-related macular degeneration and keratoconus, we have re-designed our websites, The Discovery Eye Foundation, Macular Degeneration Partnership and the National Keratoconus Foundation. The new sites have been made more user friendly with scalable fonts and high contrast view option. The new websites have given us the chance to reach out to social networks and charity tracking sites, increasing our visability. Patient Educaton Seminars continue to be given thoughout the US.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,893,628$695,664▼ $2,197,964
Savings and Temporary Cash Investments$433,908$280,595▼ $153,313
Investments Other Securities$188,290--
Prepaid Expenses and Deferred Charges$145,797$136,555▼ $9,242
Pledges and Grants Receivable$38,273$39,035▲ $762
Land, Buildings, and Equipment, Net$27,606$23,153▼ $4,453
Accounts Receivable$10,291$291▼ $10,000
Total Assets$3,742,892$1,178,466▼ $2,564,426
Other Assets Total$5,099$3,173▼ $1,926
Liabilities
Accounts Payable and Accrued Expenses$20,984$31,587▲ $10,603
Total Liabilities$20,984$31,587▲ $10,603
Net Assets / Fund Balance
Temporarily Rstr Net Assets$946,581$762,964▼ $183,617
Unrestricted Net Assets$2,775,327$383,915▼ $2,391,412
Total Net Assets Fund Balance$3,721,908$1,146,879▼ $2,575,029
Total Liabilities and Net Assets / Fund Balance$3,742,892$1,178,466▼ $2,564,426

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$23,153$178,422$201,575
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Susan B DeRemerV.P. DevelopmentFT$118,102$3,333$121,435
Anthony B Nesburn MD FACSPresident/Medical Director-$43,200-$43,200
M Cristina Kenney MD PhDAsst. Secretary-$9,000-$9,000

Board Members and Trustees

NameTitle
Jack SchoellermanChairman
Jon Pynoos PhDVice President
Joan SeidelTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$711,178
Program Service Revenue
$0
Investment Income
$326,642
Other Revenue
$3,300
All Other Contributions
$711,178
Change in Net Assets
$-2,200,815

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,041,120
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-374,214
Total Revenue per Audited Statements
$666,906
Total Revenue per Form 990
$1,041,120
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$2,200,000
Salaries, Compensation, and Employee Benefits$609,117
Other Expenses$432,818
Total Fundraising Expense$121,065
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,974,470--$1,974,470
Other Salaries and Wages$150,136$116,929$46,996$314,061
Grants to Domestic Individuals$225,530--$225,530
Fees for Services Other$53,563$111,973$22,205$187,741
Current Officers, Directors, Trustees, and Key Employees$58,046$97,495$18,094$173,635
Other Employee Benefits$27,686$50,914$3,224$81,824
Office Expenses$34,072$32,200$11,740$78,012
Payroll Taxes$11,865$21,495$1,441$34,801
Occupancy$17,232$7,254$8,616$33,102
Conferences and Meetings$20,327$8,094$1,168$29,589
Fees for Services Legal$1,039$20,684-$21,723
Advertising$8,249$1,200$93$9,542
Depreciation Depletion-$8,898-$8,898
Fees for Services Accounting-$6,963-$6,963
Insurance$579$5,582-$6,161
Pension Plan Contributions$1,388$3,403$5$4,796
Other Expenses$374$3,726$680$4,780
All Other Expenses$2,873$306-$3,179
Travel$122$2,504$75$2,701
Total Functional Expenses$2,591,823$529,047$121,065$3,241,935

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,241,935
Total Expenses per Audited Statements$3,241,935
Total Expenses per Form 990$3,241,935
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Regents of the University of California - IrvineIrvine, CA-Basic Ophthal. Research and salaries$1,974,470
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 2

“Dr. Anthony Nesburn, President/Medical Director is the husband of Dr. M. Cristina Kenney, MD, PhD, Assistant Secretary of DEF.”

Form 990, Part VI, Section B, line 11

“The Form 990 is distributed to the Executive Finance Committee of DEF for their review prior to submitting to the full board for their review, prior to submitting to the accountants for submission.”

Form 990, Part VI, Section B, line 12C

“Policy is reviewed on an annual basis and amended as needed.”

Form 990, Part VI, Section C, line 19

“Financial statements are posted on the DEF website - Governing documents and conflict of interest policy are provided upon request.”

Filing and Contact Details

Filer

Filer Name
Discovery Eye Foundation
EIN
95-4228653
Phone
3106234466
Address
6222 Wilshire Blvd No 260, Los Angeles, CA 90048

Signing Officer

Name
Anthony B Nesburn MD
Title
President
Phone
3104236455
Signed
2016-08-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jack Schoellerman
Formed
1968
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
3
Employees
6
Volunteers
6

Preparer

Firm
Harrington Group CPAs LLP
Address
2670 Mission Street Suite 200, San Marino, CA 91108
Preparer
Tonetta L Conner CPA
Phone
6264036801
Supplemental Narrative

Additional Explanations

Form 990, Part III, line 3

“Educational programs were merged with the University of California Irvine.”

Form 990, Part XI, line 9:

“Change in value of pledges receivable -965.”

Financial Statement Notes

Part X, Line 2:

“Discovery is exempt from taxation under Internal Revenue Code Section 501(c)(3) and California Revenue and Taxation Code Section 23701d. Generally accepted accounting principles provide accounting and disclosure guidance about positions taken by an organization in its tax returns that might be uncertain. Management has considered its tax positions and believes that all of the positions taken by Discovery in its federal and state exempt organization tax returns are more likely than not to be sustained upon examination. Discovery returns are subject to examination by federal and state taxing authorities, generally for three and four years, respectively, after they are filed.”

Part XI, Line 2D - Other Adjustments:

“Change in value of pledges receivable -965.”

Raw XML AppendixShowing 400 of 468 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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IRS990/ActivityOrMissionDesc0Discovery Eye Foundation (DEF) supported research continues at the University of California Irvine and thru the Stem Cell Regeneration Program, which is a collaboration with other universities worldwide. To better inform our constituents of the progress being made, as well as provide outreach to people affected by age-related macular degeneration and keratoconus, we have re-designed our websites, The Discovery Eye Foundation, Macular Degeneration Partnership and the National Keratoconus Foundation. The new sites have been made more user friendly with scalable fonts and high contrast view option. The new websites have given us the chance to reach out to social networks and charity tracking sites, increasing our visability. Patient Educaton Seminars continue to be given thoughout the US.
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IRS990/OccupancyGrp/TotalAmt033102
IRS990/OfficeExpensesGrp/FundraisingAmt011740
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt032200
IRS990/OfficeExpensesGrp/ProgramServicesAmt034072
IRS990/OfficeExpensesGrp/TotalAmt078012
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt05099
IRS990/OtherAssetsTotalGrp/EOYAmt03173
IRS990/OtherChangesInNetAssetsAmt0-965
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt03224
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt050914
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt027686
IRS990/OtherEmployeeBenefitsGrp/TotalAmt081824
IRS990/OtherExpensesGrp/Desc0Miscellaneous
IRS990/OtherExpensesGrp/Desc1Grant expense-others
IRS990/OtherExpensesGrp/Desc2Commission expense
IRS990/OtherExpensesGrp/Desc3Dues, memberships,& sub
IRS990/OtherExpensesGrp/FundraisingAmt06728
IRS990/OtherExpensesGrp/FundraisingAmt1680
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt014513
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt18073
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt26841
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt33726
IRS990/OtherExpensesGrp/ProgramServicesAmt04148
IRS990/OtherExpensesGrp/ProgramServicesAmt1124
IRS990/OtherExpensesGrp/ProgramServicesAmt2374
IRS990/OtherExpensesGrp/TotalAmt025389
IRS990/OtherExpensesGrp/TotalAmt18073
IRS990/OtherExpensesGrp/TotalAmt26965
IRS990/OtherExpensesGrp/TotalAmt34780
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0Miscellaneous income
IRS990/OtherRevenueMiscGrp/ExclusionAmt03300
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt03300
IRS990/OtherRevenueTotalAmt03300
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt046996
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0116929
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0150136
IRS990/OtherSalariesAndWagesGrp/TotalAmt0314061
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt01441
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt021495
IRS990/PayrollTaxesGrp/ProgramServicesAmt011865
IRS990/PayrollTaxesGrp/TotalAmt034801
IRS990/PensionPlanContributionsGrp/FundraisingAmt05
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt03403
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt01388
IRS990/PensionPlanContributionsGrp/TotalAmt04796
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt038273
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt039035
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0145797
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0136555
IRS990/PrincipalOfficerNm0Jack Schoellerman
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0EDUCATION: The Macular Degeneration Partnership (MDP) provides patients, families and the general public with information regarding age-related macular degeneration (AMD) including how to minimize risk, new treatments, research and resources for low vision enhabilitation. See the AMD website at www.amd.org The National Keratoconus Foundation (NKCF) provides patients, families and the general public with information regarding keratoconus (KC) including new treatments, research, resources and maintains the KC Link which provides information to eye care professionals as well as patients. See the NKCF website at www.nkcf.org Both the MDP and NKCF programs provide patient education support groups throughout the USA.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0312029
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0920231
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0215004
IRS990/PYInvestmentIncomeAmt0145543
IRS990/PYOtherExpensesAmt0647325
IRS990/PYOtherRevenueAmt04379
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-385725
IRS990/PYSalariesCompEmpBnftPaidAmt0593549
IRS990/PYTotalExpensesAmt01455878
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01070153
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-2200815
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0433908
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0280595
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0711178
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0920231
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0715237
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01138170
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0987004
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt04471820
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt050200
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0145543
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt087845
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0180013
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0188511
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0652112
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt027896
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt03300
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt04379
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt05710
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt011208
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt04523
IRS990ScheduleA/OtherIncome170Grp/TotalAmt029120
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.66550
IRS990ScheduleA/PublicSupportPY170Pct00.59080
IRS990ScheduleA/PublicSupportTotal170Amt03429500
IRS990ScheduleA/SubstantialContributorsTotAmt01042320
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0711178
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0920231
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0715237
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01138170
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0987004
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt04471820
IRS990ScheduleA/TotalSupportAmt05153052
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt023153
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0178422
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0201575
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt03241935
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-373249
IRS990ScheduleD/OtherRevenueAmt0-965
IRS990ScheduleD/RevenueNotReportedAmt0-374214
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01041120
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Discovery is exempt from taxation under Internal Revenue Code Section 501(c)(3) and California Revenue and Taxation Code Section 23701d. Generally accepted accounting principles provide accounting and disclosure guidance about positions taken by an organization in its tax returns that might be uncertain. Management has considered its tax positions and believes that all of the positions taken by Discovery in its federal and state exempt organization tax returns are more likely than not to be sustained upon examination. Discovery returns are subject to examination by federal and state taxing authorities, generally for three and four years, respectively, after they are filed.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Change in value of pledges receivable -965.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XI, Line 2d - Other Adjustments:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt023153
IRS990ScheduleD/TotalExpensesPerForm990Amt03241935
IRS990ScheduleD/TotalRevenuePerForm990Amt01041120
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0666906
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03241935
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0225530
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Basic Scientific Research
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0To fund basic ophthalmology research
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt02
IRS990ScheduleI/RecipientTable/CashGrantAmt01974470
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Basic Ophthal. Research and salaries
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Regents of the University of California - Irvine
IRS990ScheduleI/RecipientTable/RecipientEIN0952226406
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt05171 California Avenue Suite 150
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Irvine
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0CA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd092697
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0Scientific Review Committee reviews all proposals submitted for potential funding. They are graded and submitted to the DEF Executive Finance Committee for consideration of submission to the DEF Board.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2:
IRS990ScheduleI/TotalOtherOrgCnt01
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Educational programs were merged with the University of California Irvine.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Dr. Anthony Nesburn, President/Medical Director is the husband of Dr. M. Cristina Kenney, MD, PhD, Assistant Secretary of DEF.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Form 990 is distributed to the Executive Finance Committee of DEF for their review prior to submitting to the full board for their review, prior to submitting to the accountants for submission.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Policy is reviewed on an annual basis and amended as needed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Financial statements are posted on the DEF website - Governing documents and conflict of interest policy are provided upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Change in value of pledges receivable -965.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part III, line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part XI, line 9:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd01
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0946581
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0762964
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt03742892
IRS990/TotalAssetsEOYAmt01178466
IRS990/TotalAssetsGrp/BOYAmt03742892
IRS990/TotalAssetsGrp/EOYAmt01178466
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0711178

Document Assets

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Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,178,466
Liabilities
$31,587
Net assets
$1,146,879
Revenue
$1,041,120
Expenses
$3,241,935
Net income
-$2,200,815
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.67$0.08$2.59$0.58$0.35$0.24
2023Detailed filing. Detailed filing data is available for this year.$2.42$0.02$2.41$0.60$0.59$0.01
2022Detailed filing. Detailed filing data is available for this year.$2.37$0.03$2.34$0.56$0.57$0.00
2021Detailed filing. Detailed filing data is available for this year.$2.51$0.01$2.50$0.80$0.67$0.14
2020Detailed filing. Detailed filing data is available for this year.$2.14$0.01$2.13$0.68$0.66$0.02
2019Detailed filing. Detailed filing data is available for this year.$2.04$0.01$2.03$1.08$0.57$0.51
2018Detailed filing. Detailed filing data is available for this year.$1.29$0.02$1.27$1.18$0.61$0.57
2017Detailed filing. Detailed filing data is available for this year.$0.86$0.02$0.84$0.40$0.38$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.77$0.02$0.74$0.43$0.90$0.46
2015Detailed filing. Detailed filing data is available for this year.$1.18$0.03$1.15$1.04$3.24$2.20
2014Detailed filing. Detailed filing data is available for this year.$3.74$0.02$3.72$1.07$1.46$0.39
2013Detailed filing. Detailed filing data is available for this year.$3.92$0.02$3.91$0.81$4.30$3.49
2012Summary only. Only limited summary data is available for this year.$7.01$0.02$7.00$1.73$2.14$0.40
2011Summary only. Only limited summary data is available for this year.$7.42$0.02$7.40$1.18$1.34$0.16