Ocular Immunology and Uveitis Foundation

Nonprofit profile at a glance

EIN
201891037
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Weston, MA, USA
Phone
6174613933
Rating
72
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Eye Diseases, Blindness & Vision Impairments Research

Official website

Reported finances

Revenue
$1,565,787
Expenses
$706,796
Assets
$3,006,646
Liabilities
$3,045

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

Leadership & pay

13 people listed

Executive titles in this filing

  • DR STEPHEN FOSTER (FOUNDER AND PRESIDENT EMERITUS)
  • DR DAVID S CHU (PRESIDENT)

People named in this filing

  • DR STEPHEN FOSTER (FOUNDER AND PRESIDENT EMERITUS)
  • SCOTT EVANS (TREASURER)
  • PETER NETLAND MD (DIRECTOR)

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The ocular immunology and uveitis foundation is dedicated to improving the diagnosis and treatment and finding the causes and cures of uveitis and other ocular inflammatory diseases, increase awareness of uveitis amoung health professionals and the public, and support individuals and families affected by the disease.

What it reported doing in 2024

Physician education conference: a comprehensive coverage of new and emerging developments in the subspecialties of cornea, glaucoma, cataract & refractive surgery, oculoplastics, uveitis and infectious disease. The faculty consisted of nineteen ophthalmologists. Physicians from all over new england attended the conference.

Operating model

Revenue model
Donor-supported. 87% 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

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 42
  • Transparency & Controls: 92
  • Accountability: 100
  • Sustainability: 87
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 32.5%; rating input score 32
  • Program expense ratio: 63.4%; rating input score 63
  • Fundraising efficiency: $7.03 raised per $1 spent on fundraising; rating input score 27; 27th 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: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 7 of 7 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 54.9%; rating input score 93; 93rd percentile among comparable filings
  • Total-asset coverage ratio: 4.25; rating input score 82; 82nd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Growth

  • Program expense growth: -3.8% per year; rating input score 0; 9th percentile among comparable filings
  • Revenue growth: 3% per year; rating input score 100; 31st percentile among comparable filings
  • Asset growth: 4.9% per year; rating input score 100; 38th percentile among comparable filings

Details

  • Where the money goes: 32.5% of revenue deployed · 63.4% of spending went to programs
  • Governance: 13 of 13 board members independent · 7 of 7 filing controls reported
  • Programs: 3 filed program accomplishments · $448K in reported program spending
  • Leadership: top reported pay $0 · 13 people listed
  • Highest-paid contractors: 1 contractor listed · $483K reported
  • Consistency: 23 of 23 current checks pass
  • Schedules: 7 filed schedules · includes major donors
  • Filing history: 14 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 1 filed related-organization link
  • 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 32/100.
  • High — Financial Efficiency: Fundraising efficiency scored 27/100.
  • High — Growth: Program expense growth scored 0/100.