Eye Research Fund

Nonprofit profile at a glance

EIN
953502884
IRS 990-PF coverage
2010–2012
Forms available
Form 990-PF 2012
Location
Rancho Santa Fe, CA, USA
Phone
8584550643
Rating
29
Verdict
REVIEW
Rating confidence
Moderate
Sector
Eye Diseases, Blindness & Vision Impairments Research

Reported finances

Revenue
$12
Expenses
$114,601

Source: IRS Form 990-PF. Selected filing: tax year 2012. Amounts in USD.

Overview

Mission

Eye Diseases, Blindness & Vision Impairments Research

Operating model

Revenue model
Investment-supported. 100% of the foundation's positive operating resources came from recurring investment income.
Distribution model
Grant intermediary. The foundation distributed 99% of its reported charitable disbursements as grants.

The verdict

REVIEW - A large share of spending goes to grants. The filing does not identify all grant recipients and the available information about grant readiness state registration leaves an important question unanswered.

Rating breakdown

  • Grant Deployment: NotEnoughData
  • Cost Efficiency: 97
  • Transparency: 0
  • Compliance: 50
  • Endowment Health: NotEnoughData

Detailed rating inputs

Grant Deployment

  • Grant deployment ratio: Limited

Cost Efficiency

  • Grant expense ratio: 97.3%; rating input score 97; 85th percentile among comparable filings

Transparency

  • Grant recipient disclosure: Scored; rating input score 0

Compliance

  • Part VII-B activity disclosures: Limited
  • Filing consistency checks: 4; rating input score 100

Endowment Health

  • Endowment-health comparison: Limited

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Investments: Filed investments detail
  • Consistency: 4 of 4 current checks pass
  • Filing history: 3 filing years from 2010 to 2012
  • Money network: 2 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Transparency: Grant recipient disclosure scored 0/100.
  • High — Grant Readiness: California registration: this organization is recorded as not currently operating in California.