Alliance for Vision Research Inc
Nonprofit profile at a glance
- EIN
- 331088835
- IRS 990-EZ coverage
- 2018–2024
- Forms available
- Form 990-EZ 2024
- Location
- Southfield, MI, USA
- Phone
- 2483575100
- Rating confidence
- Limited
- Sector
- Eye Diseases, Blindness and Vision Impairments
Reported finances
- Revenue
- $-5,961
- Expenses
- $13,884
- Assets
- $91,110
- Liabilities
- $1,500
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
People named in this filing
- FRANK A NESI MD (CHAIRMAN OF THE BOARD)
- PAUL P FECKO MD (BOARD MEMBER)
- RICHARD BROWN (BOARD MEMBER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Funding of children's vision research to worthy eye care institutes.
Operating model
- Revenue model
- No positive adjusted resources. The filing reports no positive adjusted operating resources.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: 72
- Transparency & Controls: 100
- Sustainability: 37
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: 72%; rating input score 72
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -332.9%; rating input score 3; 3rd percentile among comparable filings
- Total-asset coverage ratio: 6.56; rating input score 88; 88th percentile among comparable filings
- Liabilities to assets ratio: 0.02; rating input score 27; 27th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 44.3% per year; rating input score 100; 92nd percentile among comparable filings
- Revenue growth: -26.9% per year; rating input score 0; 11th percentile among comparable filings
- Asset growth: 8.5% per year; rating input score 100; 69th percentile among comparable filings
Details
- Where the money goes: 72% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $10K in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 4 filed schedules
- Filing history: 7 filing years from 2018 to 2024
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 3/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 27/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.