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Health : Medical Research

Discovery Eye Foundation

Striving to combat blindness and eye disease every day

three stars

81.88

17315 Studebaker Road Suite 115
Cerritos, CA 90703
tel: (310) 623-4466   Web Site
EIN: 95-4228653

Board Leadership
Jack Schoellerman
Chairman

CEO
Anthony Nesburn
Medical Director/President

  Score
(out of 100)
Rating
Overall Score & Rating 81.88 three stars
  Financial 88.71 three stars
  Accountability & Transparency 77.00 two stars
This rating was published 04/01/2017 and includes data from FY2015, the most recent 990 received at that time.

Learn more about how we calculate the overall score and rating.

Financial

three stars

88.71

Accountability & Transparency

two stars

77.00

This rating was published 04/01/2017 and includes data from FY2015, 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)
80.5%
  Administrative Expenses 15.1%
  Fundraising Expenses 4.2%
  Fundraising Efficiency $0.16
  Working Capital Ratio (years) 0.38
  Program Expenses Growth 14.4%
  Liabilities to Assets 2.6%
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) 81.88 three stars
Children's Cancer & Blood Foundation (NY) 89.85 three stars
Multidisciplinary Association for Psychedelic Studies (CA) 86.00 three stars
Autism Research Institute (CA) 92.92 four stars
Roswell Park Alliance Foundation (NY) 94.06 four stars

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Founded in 1970, the mission of the Discovery Eye Foundation (DEF) exists to facilitate the development of cures and improve patient care through retinal and corneal research and educational programs for eye disease. We accomplish this through the funding of ground-breaking retinal and corneal research and through the development of multi-national outreach and support programs for those who are afflicted with eye disease. Through the establishment of the National Keratoconus Foundation and the Macular Degeneration Partnership, DEF has worked to provide the public with up-to-the-minute, unbiased information on keratoconus and age- related macular degeneration. DEF outreach programs provide information in a variety of formats including websites, free publications, regular newsletters, support groups and telephone access to healthcare professionals.

REVENUE  
Contributions  
   Contributions, Gifts & Grants $711,178
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $0
Total Contributions $711,178
   Program Service Revenue $0
Total Primary Revenue $711,178
   Other Revenue $329,942
TOTAL REVENUE $1,041,120
   
EXPENSES  
   Program Expenses $2,591,823
   Administrative Expenses $529,047
   Fundraising Expenses $121,065
TOTAL FUNCTIONAL EXPENSES $3,241,935
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-2,200,815
   
Net Assets $1,146,879

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
Funding for the Discovery Cornea Center $2,279,794 88.0%
Education $312,029 12.0%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
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, 2015
  • December, 2014
  • December, 2013
  • December, 2012
  • December, 2011

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

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Compensation % of Expenses Paid to Title
$43,200 1.33% Anthony B. Nesburn President, Medical Director
Other Salaries of Note
$118,102 3.64% Susan DeRemer Vice President of Development
$9,000 0.27% M. Cristina Kenney Assistant Secretary

Founded in 1970, the mission of the Discovery Eye Foundation (DEF) exists to facilitate the development of cures and improve patient care through retinal and corneal research and educational programs for eye disease. We accomplish this through the funding of ground-breaking retinal and corneal research and through the development of multi-national outreach and support programs for those who are afflicted with eye disease. Through the establishment of the National Keratoconus Foundation and the Macular Degeneration Partnership, DEF has worked to provide the public with up-to-the-minute, unbiased information on keratoconus and age- related macular degeneration. DEF outreach programs provide information in a variety of formats including websites, free publications, regular newsletters, support groups and telephone access to healthcare professionals.

Highly Rated

Charity Name & State Overall Score Overall Rating
Discovery Eye Foundation (CA) 81.88 three stars
MPN Research Foundation (IL) 88.13 three stars
Monell Chemical Senses Center (PA) 86.96 three stars
International Rett Syndrome Foundation (OH) 87.34 three stars
Cystinosis Research Foundation (CA) 87.81 three stars

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This charity has an official representative registered with Charity Navigator.

Charity Contact Info

Discovery Eye Foundation
17315 Studebaker Road
Suite 115
Cerritos, CA 90703
tel: (310) 623-4466
fax: (310) 623-1837
EIN: 95-4228653

Visit Web Site

Board Leadership

Jack Schoellerman
Chairman

CEO

Anthony Nesburn
Medical Director/President

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