Collaborative Community on Ophthalmic Innovation Foundation

Nonprofit profile at a glance

EIN
863335332
IRS 990 coverage
2025–2025
Forms available
Form 990 2025, Form 990-EZ 2024, Form 990-N 2020
Location
Reston, VA, USA
Phone
7034383103
Rating
47
Verdict
MIXED
Rating confidence
Moderate
Sector
Eye Diseases, Blindness & Vision Impairments Research

Official website

Reported finances

Revenue
$1,619,910
Expenses
$211,246
Assets
$1,468,527
Liabilities
$12,276

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

15 people listed

Executive titles in this filing

  • Malvina Eydelman MD (CEO)
  • David Myung MD PhD (Vice President)

People named in this filing

  • Malvina Eydelman MD (CEO)
  • Joel Schuman MD (Chairman)
  • Michael Abramoff MD PhD (Treasurer)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Improve public health by advancing the diagnosis, management, and treatment of eye diseases and related conditions through collaboration across government, academia, patient groups, medical product companies, software and AI developers, and professional organizations.

What it reported doing in 2025

Innovation Symposium and educational convenings: The organization organized and supported educational and stakeholder convenings focused on ophthalmic innovation, including the Stanford Innovation Symposium and related meeting, webinar, registration, planning, marketing, and program-management activities. These activities promoted collaboration among government, academia, patient groups, clinicians, and industry participants.

Operating model

Revenue model
Donor-supported. 92% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

MIXED - Most voting board members are independent and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 28
  • Transparency & Controls: 55
  • Accountability: 60
  • Sustainability: 88
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 5.7%; rating input score 6
  • Program expense ratio: 43.8%; rating input score 44
  • Fundraising efficiency: $387.29 raised per $1 spent on fundraising; rating input score 94; 94th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Scored; rating input score 0
  • Grant itemization coverage: Scored; rating input score 0
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 92.3%; rating input score 92; 27th percentile among comparable filings
  • Governance controls: 1 of 7 controls in place; rating input score 14
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 87%; rating input score 98; 98th percentile among comparable filings
  • Total-asset coverage ratio: 6.95; rating input score 88; 88th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 61; 61st percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 78; 78th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 75.8% per year; rating input score 100; 98th percentile among comparable filings
  • Asset growth: 82.5% per year; rating input score 100; 98th percentile among comparable filings

Details

  • Where the money goes: 5.7% of revenue deployed · 43.8% of spending went to programs
  • Governance: 12 of 13 board members independent · 1 of 7 filing controls reported
  • Programs: 3 filed program accomplishments · $92K in reported program spending
  • Leadership: top reported pay $0 · 15 people listed
  • Consistency: 22 of 22 current checks pass
  • Schedules: 5 filed schedules · includes major donors and foreign activity
  • 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 — Financial Efficiency: Mission deployment rate scored 6/100.
  • Moderate — Financial Efficiency: Program expense ratio scored 44/100.
  • High — Accountability: Governance controls: 5 of 6 not reported.
  • High — Transparency & Controls: Foreign activity oversight scored 0/100.
  • High — Transparency & Controls: Grant itemization coverage scored 0/100.