Clao Education And Research Foundation Inc
- Assets
- $327.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Centennial, CO
- Founding
- 09/1998
- Data as of
- 06/2024
- EIN
- 41-1876202
Organization Overview
Clao Education And Research Foundation Inc is located in Centennial, CO. The organization was established in 1998. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Clao Education And Research Foundation Inc 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 06/2024, Clao Education And Research Foundation Inc generated $9.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (3.2%) each year. All expenses for the organization totaled $8.1k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (5.0%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
SUPPORT SCHOLARS AND MENTORING RELATIONSHIPS. PROVIDE TRAINING OPPORTUNITIES FOR RESIDENTS, FELLOWS AND YOUNG INVESTIGATORS. SUPPORT DISSEMINATION OF NEW CONTACT LENS AND OTHER MEANS OF VISION CORRECTION WORLDWIDE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
S Lance Forstot MD Chair | 5 | $0 | |
James E Key II MD Trustee | 5 | $0 | |
Thomas L Steinemann MD Trustee | 5 | $0 | |
Michael H Goldstein MD Trustee | 5 | $0 | |
Ira Udell MD Trustee | 5 | $0 | |
Deborah Jacobs MD Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $12,023 |
| Gain or Loss | -$2,304 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $9,719 |
| 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 | $6,516 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $74 |
| Total expenses | $8,090 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $327,173 |
| Other assets | $0 |
| Total assets | $327,173 |
| Total liabilities | $0 |
| Net assets or fund balances | $327,173 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Environmental Education Association Of New Mexico Albuquerque, NM | $130,667 | $261,983 |
The Association Of National Park Rangers Inc Marana, AZ | $277,614 | $0 |
Copperstate Fly-In Mesa, AZ | $106,827 | $0 |
The Lenexa Rotary Foundation Lenexa, KS | $279,404 | $0 |
Clao Education And Research Foundation Inc Centennial, CO | $327,173 | $0 |