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Health : Medical Research

Discovery Eye Foundation

Striving to combat blindness and eye disease every day

two stars

78.93

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 78.93 two stars
  Financial 77.05 two stars
  Accountability & Transparency 81.00 three stars
This rating was published 07/01/2019 and includes data from FY2017, 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

77.05

Accountability & Transparency

three stars

81.00

This rating was published 07/01/2019 and includes data from FY2017, 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)
74.7%
  Administrative Expenses 20.8%
  Fundraising Expenses 4.3%
  Fundraising Efficiency $0.13
  Working Capital Ratio (years) 0.55
  Program Expenses Growth -33.7%
  Liabilities to Assets 2.5%
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) 78.93 two stars
Huntington Medical Research Institutes (CA) 87.67 three stars
Monell Chemical Senses Center (PA) 86.45 three stars
Pediatric Brain Tumor Foundation (NC) 89.05 three stars
TB Alliance (NY) 97.23 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $371,500
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $0
Total Contributions $371,500
   Program Service Revenue $0
Total Primary Revenue $371,500
   Other Revenue $23,743
TOTAL REVENUE $395,243
   
EXPENSES  
   Program Expenses $268,466
   Administrative Expenses $89,562
   Fundraising Expenses $19,979
TOTAL FUNCTIONAL EXPENSES $378,007
   
Payments to Affiliates $0
Excess (or Deficit) for the year $17,236
   
Net Assets $835,888

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 $268,466 100.0%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
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
Other Salaries of Note
$60,127 15.90% Melissa Juarez Development Officer

Highly Rated

Charity Name & State Overall Score Overall Rating
Discovery Eye Foundation (CA) 78.93 two stars
LUNGevity Foundation (IL) 90.96 four stars
National Association of Chain Drug Stores Foundation (VA) 86.19 three stars
Midwest Athletes Against Childhood Cancer (WI) 96.04 four stars
Brain & Behavior Research Foundation (NY) 87.30 three 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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