Vmr Research Foundation
- Assets
- $154.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Newport Beach, CA
- Founding
- 05/2019
- Data as of
- 12/2022
- EIN
- 61-1888947
Organization Overview
Vmr Research Foundation is located in Newport Beach, CA. The organization was established in 2019. 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. Vmr Research 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 12/2022, Vmr Research Foundation generated $61.5k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $49.6k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
MISSION IS TO PROMOTE INCREASED PROFESSIONAL UNDERSTANDING AND PUBLIC AWARENESS OF VITREO-RETINAL DISORDERS WITH A PARTICULAR EMPAHASIS ON VITREOUS (GELL FILLING THE EYE) AND VISION DEGRADING MYODESOPSIA (CLINICALLY SIGNIFICANT FLOATERS). VMRR RAISES FUNDS TO SUPPORT SCIENTIFIC RESEARCH PERFORMED BY ITS FOUNDER AND RESEARCH TECHNICIANS EMPLOYED TO ASSIST IN CONDUCTING THIS RESEARCH. FUNDS ALSO SUPPORT EFFORTS TO EDUCATE OTHER DOCTORS AS WELL AS RAISE PUBLIC AWARENESS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jerry Sebag President | 1 | $0 | |
Gregory W Beck Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $61,471 |
| 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 | $61,471 |
| 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 | $1,685 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $809 |
| Other expenses | $47,138 |
| Total expenses | $49,632 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $150,895 |
| Other assets | $0 |
| Total assets | $154,795 |
| Total liabilities | $24,875 |
| Net assets or fund balances | $129,920 |