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Health : Medical Research

Discovery Eye Foundation

Striving to combat blindness and eye disease every day

one star

68.51

8635 W. 3rd Street, Suite 390w Los Angeles, CA 90048
tel: (310) 622-4466   Web Site
EIN: 95-4228653

Board Leadership
Jack Schoellerman
Chairman

CEO
Anthony Nesburn, MD
Medical Director/President

  Score
(out of 100)
Rating
Overall Score & Rating 68.51 one star
  Financial 71.24 two stars
  Accountability & Transparency 66.00 one star
This rating was published 06/01/2020 and includes data from FY2018, the most recent 990 received at that time.

Founded in 1970, Discovery Eye Foundation (DEF) is a nonprofit 501 (c) (3) organization dedicated to finding treatments and cures to sight-threatening eye diseases. The mission of The Discovery Eye Foundation supports research, education and advocacy related to sight-threatening eye diseases and their treatments, improving the quality of life for patients and their families.
DEF has worked to provide the public with up-to-the-minute, information on the research in a variety of formats including websites, free publications, regular newsletters and social media.

Founded in 1970, Discovery Eye Foundation (DEF) is a nonprofit 501 (c) (3) organization dedicated to finding treatments and cures to sight-threatening eye diseases. The mission of The Discovery Eye Foundation supports research, education and advocacy related to sight-threatening eye diseases and their treatments, improving the quality of life for patients and their families.
DEF has worked to provide the public with up-to-the-minute, information on the research in a variety of formats including websites, free publications, regular newsletters and social media.

Impact Information

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Financial

two stars

71.24

Accountability & Transparency

one star

66.00

This rating was published 06/01/2020 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
63.1%
  Administrative Expenses 26.5%
  Fundraising Expenses 10.3%
  Fundraising Efficiency $0.10
  Working Capital Ratio (years) 2.02
  Program Expenses Growth -18.5%
  Liabilities to Assets 1.2%
All data for Financial Performance Metrics calculations was provided by Discovery Eye Foundation on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Discovery Eye Foundation on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Discovery Eye Foundation (CA) 68.51 one star
Population Council (NY) 90.03 four stars
Lupus Research Alliance (NY) 91.39 four stars
T.J. Martell Foundation (NY) 85.61 three stars
Tisch MS Research Center of New York (NY) 90.78 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $1,146,746
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $0
Total Contributions $1,146,746
   Program Service Revenue $0
Total Primary Revenue $1,146,746
   Other Revenue $30,127
TOTAL REVENUE $1,176,873
   
EXPENSES  
   Program Expenses $405,187
   Administrative Expenses $86,548
   Fundraising Expenses $117,949
TOTAL FUNCTIONAL EXPENSES $609,684
   
Payments to Affiliates $0
Excess (or Deficit) for the year $567,189
   
Net Assets $1,271,332

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Research $405,187 100.0%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-12 06/01/2020 68.51 one star
2017-12 07/01/2019 78.93 two stars
2016-12 03/01/2018 69.62 one star
2015-12 04/01/2017 81.88 three stars
2014-12 06/01/2016 83.88 three stars
 
CN 2.0
2014-12 02/01/2016 73.73 two stars
2013-12 05/01/2015 84.85 three stars
2012-12 10/01/2013 80.89 three stars
2011-12 09/01/2012 69.17 one star
2010-12 12/23/2011 82.81 three stars
2009-12 11/01/2011 87.20 three stars
2009-12 09/20/2011 86.90 three stars
 
CN 1.0
2009-12 02/01/2011 81.91 three stars
2008-12 03/01/2010 89.24 three stars
2007-12 06/01/2009 97.43 four stars
2006-12 11/01/2007 76.50 two stars
2005-12 12/01/2006 72.48 two stars
2004-12 01/01/2006 65.17 one star
2003-12 10/01/2004 82.82 three stars
2002-06 06/09/2003 77.22 two stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 95-4228653
Name in IRS Master File DISCOVERY EYE FOUNDATION
NTEE Code [Not Provided by IRS]
NTEE Classification [Not Provided by IRS]
NTEE Type [Not Provided by IRS]
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date August, 1988
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • December, 2017
  • December, 2016
  • December, 2015
  • December, 2014
  • December, 2013
Compensation % of Expenses Paid to Title
None reported -- Anthony B. Nesburn President

Highly Rated

Charity Name & State Overall Score Overall Rating
Discovery Eye Foundation (CA) 68.51 one star
Familial Dysautonomia Foundation (NY) 93.11 four stars
American Psychiatric Association Foundation (DC) 85.22 three stars
Children's Cancer & Blood Foundation (NY) 85.42 three stars
Autism Research Institute (CA) 92.92 four stars

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Charity Contact Info

Discovery Eye Foundation
8635 W. 3rd Street, Suite 390w
Los Angeles, CA 90048
tel: (310) 622-4466
EIN: 95-4228653

Visit Web Site

Board Leadership

Jack Schoellerman
Chairman

CEO

Anthony Nesburn, MD
Medical Director/President

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