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Foundation For Education And Research In Vision Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 760216422 ✦ Houston, TX ✦ Designated as a 501(c)(3)

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Overview

What is Foundation For Education And Research In Vision Inc?

The Foundation for Education and Research in Vision Inc is a nonprofit organization situated in Houston, Texas. Its primary focus is on education and research related to vision, supporting the University of Houston College of Optometry's Continuing Education Program. This program assists professional optometrists in fulfilling their state-required continuing education obligations. Beyond this, the foundation extends its contributions to the University of Houston College of Optometry and various visionary and health-related organizations. The nonprofit organization's impact extends beyond its locality, making a significant contribution to the field of optometry and related health sectors.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 82% (Three-Star out of Four Star Rating)

Foundation for Education and Research in Vision Inc. has achieved a Three-Star rating from Charity Navigator, reflecting a solid level of accountability and finance management. This rating is based entirely on the organization's accountability and finance score, which stands at 82%. The organization has demonstrated strong governance practices, including 100% independent board membership and effective oversight of its financial statements.

The charity excels in program expense efficiency, with a program expense ratio of 96.03%, indicating that a significant portion of its resources is directed toward its mission-related activities. Additionally, there are no reported material diversions of assets, which underscores its commitment to transparency and responsible financial management. The organization also actively documents board meeting minutes, further enhancing its accountability.

While the overall rating is positive, it is worth noting that the score is derived from a single beacon score, which may limit a comprehensive understanding of the organization's overall performance. Nonetheless, the Foundation for Education and Research in Vision Inc. showcases strong governance and a dedication to supporting its mission effectively.


This AI summary has been generated from information found on Charity Navigator.

Is Foundation For Education And Research In Vision Inc legitimate?

Foundation For Education And Research In Vision Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation For Education And Research In Vision Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Foundation For Education And Research In Vision Inc?

The Foundation for Education and Research in Vision Inc. is dedicated to promoting education and research in the field of vision. Specifically, it supports the continuing education program at the University of Houston College of Optometry, helping professional optometrists meet their state requirements. Furthermore, the foundation contributes to various visionary and health-related organizations. Its primary aim is to advance knowledge and understanding in the field of vision, ultimately contributing to improved healthcare services.

Who is the CEO of Foundation For Education And Research In Vision Inc?

Moes Nasser is the Secretary of Foundation For Education And Research In Vision Inc.

What is the revenue of Foundation For Education And Research In Vision Inc?

Foundation For Education And Research In Vision Inc's revenue in 2022 was $1,427,590.

Who are the executives of Foundation For Education And Research In Vision Inc and what are their salaries?


Here are 16 key members and their salaries:


John Coble Od (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vissett Sun Od (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Nguyen Od (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deborah Bernay Od (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Annunziato Od (Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
William D Altig Od (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Jones Od (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Desiree Hopping Od (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martin Prati Od (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tyler Thompson Od (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Bullimore Od (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Cass Od (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Deloach Od (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Moes Nasser Od (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Juan Cerda Od (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mario Contaldi Od (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Foundation For Education And Research In Vision Inc?

Foundation For Education And Research In Vision Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Foundation For Education And Research In Vision Inc

The Foundation for Education and Research in Vision Inc is dedicated to advancing education and research in the field of vision. A key aspect of their mission is supporting the University of Houston College of Optometry's Continuing Education Program. This program helps professional optometrists meet their state's continuing education requirements, ensuring they stay updated with the latest knowledge and techniques in their field. Beyond this, the foundation also contributes to various visionary and health-related organizations, demonstrating a commitment to improving vision care and related fields. By sponsoring such initiatives, the Foundation for Education and Research in Vision Inc plays a significant role in fostering the growth and development of professionals in the field of optometry.

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Impact




July, 2024

Foundation For Education And Research In Vision Inc's impact is significant in the field of vision education and research. The organization sponsors the University of Houston College of Optometry Continuing Education Program, providing essential educational opportunities for professional optometrists to meet state continuing education requirements. Additionally, the foundation supports the University of Houston College of Optometry and other visionary and health-related organizations. This contribution plays a vital role in advancing knowledge and expertise in the field of vision care, ultimately benefiting both optometrists and the general public.




This information is meant to be a general summary of Foundation For Education And Research In Vision Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$1,427,590 (2022)
Expenses
$774,436 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $159,294
  • Program Service Revenue: $648,505
  • Gross Receipts: $1,514,540

Assets and Liabilities:

  • Total Assets: $9,527,603
  • Total Liabilities: $67,889
  • Net Assets: $9,459,714

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CONTINUING EDUCATION

Revenue

$648,505

Organization Details

Founding Year

1955

Principal Officer

Moes Nasser

Main Address

4401 MARTIN LUTHER KING BLVD, HOUSTON, TX, 772042020

NTEE Category

Code: E190 - Health

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