Ocular Surface Research & Education Foundation Inc in Miami, Florida (FL)

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Ocular Surface Research & Education Foundation Inc
Employer Identification Number (EIN)650899151
Name of OrganizationOcular Surface Research & Education Foundation Inc
Address7000 Sw 97th Avenue, Miami, FL 33173-1494
SubsectionCharitable Organization
Ruling Date08/2000
DeductibilityContributions are deductible
FoundationHospital or medical research organization
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$25,000 to $99,999
Income$1 to $9,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$41,198
Amount of Income$5,508
Form 990 Revenue Amount$5,508
National Taxonomy of Exempt Entities (NTEE)Medical Research: Eye Research

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Amount of income in 2013: $5,508 (it was $39,353 in 2012)
Ocular Surface Research & Education Foundation Inc: 

Other organizations performing similar types of work: 


Assets in 2013: $41,198 (it was $82,754 in 2012)
This organization: 

Other organizations performing similar types of work: 


Expenses in 2013: $47,125
This organization: 

Other organizations performing similar types of work: 


Income to expenses ratio in 2013: 0.1
This organization: 

Other organizations performing similar types of work: 


Grants share in income in 2013: 99.9%
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Other organizations performing similar types of work: 


Financial snapshot ($)

Revenue for 2013

Revenue, Expenses, and Changes in Net Assets or Fund Balances
Total revenue$13,314$-32,344$5,508
Contributions, gifts, grants, and similar amounts received$12,985$15,000$5,500
Program service revenue including government fees and contracts$0$0$0
Membership dues and assessments$0$0$0
Investment income$329$333$8
Gain/Loss from sale of assets other than inventory$0$-47,677$0
Net income/loss from gaming and fundraising events$0$0$0
Gross profit/loss from sales of inventory$0$0$0
Other revenue$0$0$0
Total expenses$83,508$39,554$47,125
Total net assets$154,652$82,754$41,137
Excess/Deficit for the year$-70,194$-71,898$-41,617
Net assets or fund balances at beginning of year$224,846$154,652$82,754
Other changes in net assets or fund balances$0$0$0
Net assets or fund balances at end of year$82,754$41,137
Balance Sheets
Total assets$154,652$82,754$41,198
Total liabilities$0$0$61
Net assets or fund balances$154,652$82,754$41,137
Other Information
Did the organization engage in any significant activity not previously reported to the IRS?NoNo
Were any significant changes made to the organizing or governing documents?NoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNoNo
Has the organization filed a Form 990-T for the year?NoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNo
Amount of political expenditures, direct or indirect$0$0
Did the organization file Form 1120-POL for this year?NoNo
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?NoNo
Total amount involved$0$0
Initiation fees and capital contributions$0$0$0
Gross receipts for public use of club facilities$0$0$0
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?NoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNo
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:An organization operated for the benefit of a college or university owned or operated by a governmental unit described in section 170(b)(1)(A)(iv)
Number of organizations supported0
Sum of amounts of support$0
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2Eye & Ear Foundation Inc200 Lothrop St Eei 251, Pittsburgh, PA 15213-2536PA1985-01$72,422,903
3Ocular Immunology And Uveitus Foundation Inc348 Glen Rd, Weston, MA 02493-1403MA2006-11$933,362
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18International Thyroid Eye Disease Society IncC/O Kenneth V Cahill 262 Neil Ave, Columbus, OH 43215OH2010-04$64,735
19Palm Beach Eye Foundation Inc2889 10th Ave N Ste 306, Lake Worth, FL 33461-3045FL2004-11$14,400
20Ocular Surface Research & Education Foundation Inc7000 Sw 97th Avenue, Miami, FL 33173-1494FL2000-08$5,508
Number of organizations performing similar types of work
North Carolina1
New Jersey2
New York13
West Virginia1

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