Minnesota Eye Foundation
- Assets
- $227.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Minnetonka, MN
- Founding
- 04/2005
- Data as of
- 12/2021
- EIN
- 20-1500262
Organization Overview
Minnesota Eye Foundation is located in Minnetonka, MN. The organization was established in 2005. According to its NTEE Classification (H41) the organization is classified as: Eye Diseases, Blindness & Vision Impairments Research, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Minnesota Eye Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Minnesota Eye Foundation generated $30.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (21.7%) each year. All expenses for the organization totaled $17.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (23.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Omar E Awad MD President | 1 | $0 | |
Anna Mueller Vice President | 1 | $0 | |
Mark S Hansen MD Treasurer | 1 | $0 | |
Matthew Bauer Od Director | 1 | $0 | |
Janet A Martineau Secretary | 1 | $0 | |
John Berestka MD Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $30,832 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $30,832 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $4,862 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $9,919 |
| Total expenses | $17,790 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $227,846 |
| Other assets | $0 |
| Total assets | $227,846 |
| Total liabilities | $4,889 |
| Net assets or fund balances | $222,957 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mercy Research Springfield, MO | $1,873,704 | $4,182,009 |
Ulta Beauty Charitable Foundation Bolingbrook, IL | $10,193,540 | $17,881,824 |
Gateway For Cancer Research Inc Schaumburg, IL | $18,916,146 | $4,888,015 |
Superior Health Quality Alliance Inc Madison, WI | $4,742,622 | $6,863,958 |
Area Ambulance Authority Cedar Rapids, IA | $10,871,659 | $8,115,144 |
American Dairy Association Of Michigan Inc Okemos, MI | $3,921,233 | $8,317,997 |
Advanced Textiles Association Roseville, MN | $7,913,490 | $8,259,339 |
Pkd Foundation Kansas City, MO | $20,909,832 | $16,124,449 |
Center For Veterans Research And Education Minneapolis, MN | $6,193,088 | $7,313,382 |
Harvey W Peters Research Foundation Sioux Falls, SD | $130,706,719 | $7,428,166 |
Community And Family Resources Fort Dodge, IA | $16,657,539 | $7,504,312 |
Center For Healthcare Research & Transformation Ann Arbor, MI | $2,198,670 | $6,645,435 |