Civic Intelligence

Discovery Eye Foundation

990 • Fiscal year 2016 • EIN 95-4228653

Jan 01, 2016 to Dec 31, 2016 • Filed on Jul 24, 2017

Organization Profilewww.discoveryeye.org
8635 W 3rd Street No 390WLos Angeles, CA 90048

(310) 623-4466

Siviq Scores

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

Liabilities / Assets

47th percentile

0.03x

Higher debt load relative to assets than 47% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

54th percentile

0.05x

Higher debt load relative to revenue than 54% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

3rd percentile

-107%

Higher net margin than 3% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

80th percentile

$77,691

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 17.9% of source-year revenue.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

5th percentile

-35%

Faster asset growth than 5% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

4th percentile

-58%

Faster revenue growth than 4% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets47th percentile

Assets

Down

$766,657

Down $411,809 (-35%) from 2015

Net Assets

Down

$744,604

Down $402,275 (-35%) from 2015

Liabilities

Down

$22,053

Down $9,534 (-30%) from 2015

Revenue And Expenses
Liabilities / Revenue54th percentileNet Margin3rd percentile

Revenue

Down

$433,513

Down $607,607 (-58%) from 2015

Expenses

Down

$897,538

Down $2,344,397 (-72%) from 2015

Net Income

Up

-$464,025

Up $1,736,790 (+79%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth5th 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

2016

Assets$766,657
Liabilities$22,053
Net Assets$744,604
Open 2016 Filing

Operations Trend

Revenue Growth4th 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

2016

Revenue$433,513
Expenses$897,538
Net Income-$464,025
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Jul 24, 2017
Return Version
2016v3.0
Gross Receipts
$687,799
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. Patient Educaton Seminars continue to be given thoughout the US.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$695,664$532,036▼ $163,628
Savings and Temporary Cash Investments$280,595$188,970▼ $91,625
Pledges and Grants Receivable$39,035$29,423▼ $9,612
Land, Buildings, and Equipment, Net$23,153$13,811▼ $9,342
Prepaid Expenses and Deferred Charges$136,555$1,548▼ $135,007
Accounts Receivable$291$869▲ $578
Total Assets$1,178,466$766,657▼ $411,809
Other Assets Total$3,173$0▼ $3,173
Liabilities
Accounts Payable and Accrued Expenses$31,587$22,053▼ $9,534
Total Liabilities$31,587$22,053▼ $9,534
Net Assets / Fund Balance
Unrestricted Net Assets$383,915$715,181▲ $331,266
Temporarily Rstr Net Assets$762,964$29,423▼ $733,541
Total Net Assets Fund Balance$1,146,879$744,604▼ $402,275
Total Liabilities and Net Assets / Fund Balance$1,178,466$766,657▼ $411,809

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$13,811$187,764$201,575
Compensation and Service Providers
Top Officer Pay80th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Susan B DeRemerterm end 122016V.P. DevelopmentFT$65,641$12,050$77,691

Board Members and Trustees

NameTitle
Jack SchoellermanChairman
Anthony B Nesburn MD FACSPresident/Medical Director
Jon Pynoos PhDVice President
Ryan FisherVice President
M Cristina Kenney MD PhDSecretary
Joan SeidelTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$358,380
Program Service Revenue
$0
Investment Income
$72,380
Other Revenue
$2,753
All Other Contributions
$358,380
Change in Net Assets
$-464,025

Audited Revenue Reconciliation

Revenue per Audited Statements
$433,513
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$61,750
Total Revenue per Audited Statements
$495,263
Total Revenue per Form 990
$433,513
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$329,335
Grants and Similar Amounts Paid$315,627
Salaries, Compensation, and Employee Benefits$252,576
Total Fundraising Expense$56,556
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$315,627--$315,627
Fees for Services Other$48,663$107,527$20,174$176,364
Other Salaries and Wages$54,508$42,616$17,046$114,170
Current Officers, Directors, Trustees, and Key Employees$17,164$55,233$5,294$77,691
Other Employee Benefits$15,303$27,654$1,881$44,838
Office Expenses$17,784$18,080$6,429$42,293
Fees for Services Accounting-$17,188-$17,188
Conferences and Meetings$11,793$4,696$678$17,167
Advertising$14,096$2,051$159$16,306
Payroll Taxes$5,164$9,417$607$15,188
Fees for Services Legal$1,110$12,335-$13,445
Depreciation Depletion-$9,342-$9,342
Occupancy$3,147$1,325$1,573$6,045
Insurance$398$3,835-$4,233
Other Expenses$147$1,472$269$1,888
All Other Expenses$316$1,200-$1,516
Pension Plan Contributions$234$427$28$689
Travel$1$12-$13
Total Functional Expenses$517,024$323,958$56,556$897,538

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$897,538
Total Expenses per Audited Statements$897,538
Total Expenses per Form 990$897,538
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$315,627
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
Yes
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, Secretary of DEF.”

Form 990, Part VI, Section B, line 11B

“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
8635 W 3rd Street No 390W, Los Angeles, CA 90048

Signing Officer

Name
Anthony B Nesburn MD
Title
President
Phone
3104236455
Signed
2017-07-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jack Schoellerman
Formed
1968
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
5
Employees
2
Volunteers
5

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

“Education programs provided through Macular Degeneration Partnership and National Keratoconus Foundation have been discontinued due to Discovery Eye Foundation's increased effort to increase areas of concentration on research.”

Form 990, Part IX, line 11G

“Outside Services: Program service expenses 48,663. Management and general expenses 107,527. Fundraising expenses 20,174. Total expenses 176,364.”

Form 990, Part XI, line 9:

“Change in value of pledges receivable 388.”

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 388.”

Raw XML AppendixShowing 400 of 503 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/OtherEmployeeBenefitsGrp/TotalAmt044838
IRS990/OtherExpensesGrp/Desc0Bad dept expense
IRS990/OtherExpensesGrp/Desc1Miscellaneous
IRS990/OtherExpensesGrp/Desc2Commission expense
IRS990/OtherExpensesGrp/Desc3Dues, memberships,& sub
IRS990/OtherExpensesGrp/FundraisingAmt02418
IRS990/OtherExpensesGrp/FundraisingAmt1269
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt05215
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt14333
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21472
IRS990/OtherExpensesGrp/ProgramServicesAmt010000
IRS990/OtherExpensesGrp/ProgramServicesAmt11490
IRS990/OtherExpensesGrp/ProgramServicesAmt279
IRS990/OtherExpensesGrp/ProgramServicesAmt3147
IRS990/OtherExpensesGrp/TotalAmt010000
IRS990/OtherExpensesGrp/TotalAmt19123
IRS990/OtherExpensesGrp/TotalAmt24412
IRS990/OtherExpensesGrp/TotalAmt31888
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0Miscellaneous income
IRS990/OtherRevenueMiscGrp/ExclusionAmt02753
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02753
IRS990/OtherRevenueTotalAmt02753
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt017046
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt042616
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt054508
IRS990/OtherSalariesAndWagesGrp/TotalAmt0114170
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt0607
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt09417
IRS990/PayrollTaxesGrp/ProgramServicesAmt05164
IRS990/PayrollTaxesGrp/TotalAmt015188
IRS990/PensionPlanContributionsGrp/FundraisingAmt028
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0427
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0234
IRS990/PensionPlanContributionsGrp/TotalAmt0689
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt039035
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt029423
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0136555
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01548
IRS990/PrincipalOfficerNm0Jack Schoellerman
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0711178
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt02200000
IRS990/PYInvestmentIncomeAmt0326642
IRS990/PYOtherExpensesAmt0432818
IRS990/PYOtherRevenueAmt03300
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-2200815
IRS990/PYSalariesCompEmpBnftPaidAmt0609117
IRS990/PYTotalExpensesAmt03241935
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01041120
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-464025
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0280595
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0188970
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0358380
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0711178
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0920231
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0715237
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01138170
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03843196
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt029334
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt050200
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0145543
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt087845
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0180013
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0492935
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt02753
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt03300
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt04379
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt05710
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt011208
IRS990ScheduleA/OtherIncome170Grp/TotalAmt027350
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.71440
IRS990ScheduleA/PublicSupportPY170Pct00.66550
IRS990ScheduleA/PublicSupportTotal170Amt03117233
IRS990ScheduleA/SubstantialContributorsTotAmt0725963
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0358380
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0711178
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0920231
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0715237
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01138170
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03843196
IRS990ScheduleA/TotalSupportAmt04363481
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/BookValueAmt013811
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0187764
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0201575
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0897538
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt061362
IRS990ScheduleD/OtherRevenueAmt0388
IRS990ScheduleD/RevenueNotReportedAmt061750
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0433513
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 388.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XI, Line 2d - Other Adjustments:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt013811
IRS990ScheduleD/TotalExpensesPerForm990Amt0897538
IRS990ScheduleD/TotalRevenuePerForm990Amt0433513
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0495263
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0897538
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0315627
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/ExplanationTxt0Funds are received as temporarily restricted and released for the individuals as a they are needed. Scientific 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:
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt065641
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt01050
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt011000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Susan B DeRemerterm end 122016
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0V.P. Development
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt077691
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd01
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0Susan DeRemer received severance pay - $11,000 in December 2016.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 4a
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Education programs provided through Macular Degeneration Partnership and National Keratoconus Foundation have been discontinued due to Discovery Eye Foundation's increased effort to increase areas of concentration on research.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Dr. Anthony Nesburn, President/Medical Director is the husband of Dr. M. Cristina Kenney, MD, PhD, Secretary of DEF.

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Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$766,657
Liabilities
$22,053
Net assets
$744,604
Revenue
$433,513
Expenses
$897,538
Net income
-$464,025
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