Vmr Research Foundation
- Assets
- $141.2k
- Revenue
- $56.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Newport Beach, CA
- Founding
- 05/2019
- Data as of
- 12/2021
- 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 12/2021, Vmr Research Foundation generated $56.0k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $29.8k during the year ending 12/2021. 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 |
|---|---|---|---|
Gregory W Beck Treasurer | 1 | $0 | |
Jerry Sebag President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $55,966 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $55,966 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $5,821 |
| Printing and publications | $0 |
| Other expenses | $22,332 |
| Total operating and administrative expenses | $29,778 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $29,778 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $141,173 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $141,173 |
| Accounts payable and accrued expenses | $2,311 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $20,781 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $23,092 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Vmr Research Foundation has recieved totaling $15,000.
| Awarding Organization | Amount |
|---|---|
Weatherstone Family Foundation Inc Darien, CT PURPOSE: TO SUPPORT MEDICAL RESEARCH RELATED TO THE EYES. | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Smith-Kettlewell Eye Research Institute San Francisco, CA | $25,353,101 | $5,636,867 |
That Man May See Inc San Francisco, CA | $9,979,587 | $4,014,522 |
Glaucoma Research Foundation San Francisco, CA | $13,065,899 | $5,777,174 |
Project Vision Hawaii Honolulu, HI | $2,642,257 | $5,379,656 |
The Lowy Medical Research Institute Inc La Jolla, CA | $891,884 | $3,015,325 |
Arthritis National Research Foundation Irvine, CA | $11,041,493 | $3,794,575 |
The Cornea Society Inc San Francisco, CA | $1,127,744 | $499,461 |
Discovery Eye Foundation Los Angeles, CA | $2,510,991 | $804,874 |
Melles Research Foundation Usa Inc San Diego, CA | $423,384 | $368,677 |
Glaucoma Institute Of Beverly Hills Research Foundation Inc Beverly Hills, CA | $976,802 | $39,399 |
Strabismus Research Foundation Mill Valley, CA | $1,486,470 | $12,392 |
Neurological Health International Santa Barbara, CA | $24,283 | $66,873 |