Collaborative Network of Innovative Vitreoretinal Specialists

Nonprofit profile at a glance

EIN
260144825
IRS 990-EZ coverage
2012–2024
Forms available
Form 990-EZ 2024
Location
West Bloomfield, MI, USA
Rating
87
Verdict
STRONG
Rating confidence
Moderate
Sector
Eye Diseases, Blindness & Vision Impairments Research

Reported finances

Revenue
$4
Expenses
$1,500
Assets
$49,385

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • HOWARD FINE MD (PRESIDENT)

People named in this filing

  • HOWARD FINE MD (PRESIDENT)
  • MICHAEL OBER MD (TREASURER)
  • SEENU HARIPRASAD MD (VICE PRESIDE)

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

The purpose of the organization is to advance the education, research and treatment of vitreoretinal diseases through the following: (a) forming a collaborative network dedicated to conducting and supporting basic and clinical research in vitreous and retinal diseases. (b) facilitating the mentoring of vitreoretinal students, residents and surgeons by senior academic vitreoretinal surgeons. (c) furthering the education of vitreoretinal surgeons and vitreoretinal surgeons in training by promoting the publication of research and clinical analysis. (d) providing a scientific forum for the advancement of education, research and treatment of vitreous and retinal diseases. (e) conducting all activity incidental or necessary to accomplishing the foregoing purposes or otherwise permitted by section 501(c)(3) of the code.

What it reported doing in 2024

Activities supporting the organization's missions.

Operating model

Revenue model
Investment-supported. 100% of the money available for current operations came from recurring investment income.
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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 82
  • Sustainability: 35
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -37,400%; rating input score 0; 0th percentile among comparable filings
  • Total-asset coverage ratio: 32.92; rating input score 97; 97th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 0.1% per year; rating input score 100; 48th percentile among comparable filings
  • Revenue growth: -42.1% per year; rating input score 0; 7th percentile among comparable filings
  • Asset growth: -2.9% per year; rating input score 0; 29th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $2K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 13 filing years from 2012 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 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.