The Better Vision Foundation
- Assets
- $16.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 08/2015
- Data as of
- 12/2021
- EIN
- 47-1488689
Organization Overview
The Better Vision Foundation is located in Chicago, IL. The organization was established in 2015. 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. Better Vision 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, Better Vision Foundation generated $4.3k 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 (40.9%) each year. All expenses for the organization totaled $16.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (31.1%) 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 |
|---|---|---|---|
Ahmed Abdelsalam Director | 0 | $0 | |
Wendwessen Amde Director | 0 | $0 | |
Robert Pearlman Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,275 |
| 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 | $4,275 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $16,288 |
| Total expenses | $16,288 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $15,912 |
| Other assets | $0 |
| Total assets | $16,461 |
| Total liabilities | $0 |
| Net assets or fund balances | $16,461 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Christian Ophthalmology Society Inc Paducah, KY | $317,229 | $394,987 |
Retina Research & Development Foundation Saint Louis, MO | $3,068,482 | $101,493 |
Lions Eye Foundation Of District 26-M2 Washington, MO | $1,227,117 | $98,358 |
Madison Central Lions Foundation Inc Fitchburg, WI | $117,418 | $0 |
The Better Vision Foundation Chicago, IL | $16,461 | $0 |
International Academy Of Orthokeratology & Myopia Control Yorkville, IL | $88,534 | $0 |
Missouri Optometric Foundation Inc Bolivar, MO | $1,098,125 | $34,089 |
Chicago Center For Vision Research Ltd Chicago, IL | $126,051 | $0 |
Retina Center Research Fund Chesterfield, MO | $33,963 | $0 |