Nantucket Retina Foundation in Louisville, Kentucky (KY)
Table of contents:
| Nantucket Retina Foundation | |
| Employer Identification Number (EIN) | 320062397 |
| Name of Organization | Nantucket Retina Foundation |
| In Care of Name | Charles C Barr Md |
| Address | 301 E Muhammad Ali Blvd, Louisville, KY 40202-1511 |
| Subsection | Educational Organization |
| Ruling Date | 08/2003 |
| Deductibility | Contributions are deductible |
| Foundation | Organization which receives a substantial part of its support from a governmental unit or the general public |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $100,000 to $499,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $122,907 |
| Amount of Income | $76,423 |
| Form 990 Revenue Amount | $56,588 |
| National Taxonomy of Exempt Entities (NTEE) | Diseases, Disorders, Medical Disciplines: Eye Diseases, Blindness and Vision Impairments |
Non-representatives - add comments:
Amount of income in 2013: $76,423 (it was $56,611 in 2012)
| Nantucket Retina Foundation: | $76,423 |
| Other organizations performing similar types of work: | $70,976 |
Assets in 2013: $122,907 (it was $97,183 in 2012)
| Nantucket Retina Foundation: | $122,907 |
| Other organizations performing similar types of work: | $54,711 |
Expenses in 2013: $62,461
| This organization: | $62,461 |
| Other organizations performing similar types of work: | $34,437 |
Income to expenses ratio in 2013: 1.2
| Nantucket Retina Foundation: | 1.2 |
| Other organizations performing similar types of work: | 0.8 |
Grants share in income in 2013: 0.0%
| This organization: | 0.0% |
| Other organizations performing similar types of work: | 31.7% |
Revenue for 2013
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $69,393 | $56,611 | $56,588 |
| Contributions, gifts, grants, and similar amounts received | $0 | $0 | $0 |
| Program service revenue including government fees and contracts | $67,400 | $54,340 | $53,750 |
| Membership dues and assessments | $0 | $0 | $0 |
| Investment income | $1,993 | $2,271 | $3,481 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $-643 |
| Gross amount from sale of assets other than inventory | $0 | $0 | $19,192 |
| Less: cost or other basis and sales expenses | $0 | $0 | $19,835 |
| Net income/loss from gaming and fundraising events | $0 | $0 | $0 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 |
| Other revenue | $0 | $0 | $0 |
| Total expenses | $61,266 | $61,513 | $62,461 |
| Total net assets | $93,052 | $97,183 | $102,907 |
| Excess/Deficit for the year | $8,127 | $-4,902 | $-5,873 |
| Net assets or fund balances at beginning of year | $88,744 | $93,052 | $97,183 |
| Other changes in net assets or fund balances | $-3,819 | $9,033 | $11,597 |
| Net assets or fund balances at end of year | $97,183 | $102,907 | |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $93,052 | $97,183 | $122,907 |
| Total liabilities | $0 | $0 | $20,000 |
| Net assets or fund balances | $93,052 | $97,183 | $102,907 |
| Other Information | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | No | |
| Were any significant changes made to the organizing or governing documents? | No | No | |
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No | No |
| Has the organization filed a Form 990-T for the year? | No | No | |
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No | |
| Amount of political expenditures, direct or indirect | $0 | $0 | |
| Did the organization file Form 1120-POL for this year? | No | No | |
| Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return? | No | Yes | |
| Total amount involved | $0 | $20,000 | |
| Initiation fees and capital contributions | $0 | $0 | $0 |
| Gross receipts for public use of club facilities | $0 | $0 | $0 |
| Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ? | No | No | |
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | No | |
| Reason for Public Charity Status (for 2013) | |
| The organization is not a private foundation because it is: | An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975 |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
| Support Schedule for Organizations Described in Section 509(a)(2) (for 2009 - 2013) | |
| 2009 - 2013 Total | |
|---|---|
| Public support | $270,040 |
| Subtotal | $273,990 |
| Gifts, grants, contributions, and membership fees received | $0 |
| Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | $273,990 |
| Gross receipts from activities that are not an unrelated trade or business under section 513 | $0 |
| Tax revenues levied for the organization's benefit and either paid to or expended on its behalf | $0 |
| The value of services or facilities furnished by a governmental unit to the organization without charge | $0 |
| Less | $3,950 |
| Amounts received from disqualified persons | $3,950 |
| Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support | $0 |
| Total support | $283,316 |
| Public support | $273,990 |
| Subtotal | $9,291 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $9,291 |
| Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975 | $0 |
| Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
| Other income | $35 |
| Write your review! |
|
|
| Recently Added Reviews |
Louisville Poker Society in Louisville, KY
 |
| Southwest E-Z-Duz-It Club Inc in Louisville, KY |
| St Stephens Cemetery Association in Louisville, KY |
Eastern Cemetery Louisville Crematory Green Wood Cemetery Co in Louisville, KY
 |
| Filipino-American Heritage Association Inc in Louisville, KY |
|
Arts Council Of Louisville Inc in Louisville, KY
|
|
Culture University Educational Program in Louisville, KY
|
|
George Rogers Clark Park Neighborhood Association in Louisville, KY
|
|
El Delirio Producciones in Louisville, KY
|
|
Fairness Education Fund Inc in Louisville, KY
|
| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Sight Savers International Inc | 1000 N West St, Wilmington, DE 19801-1050 | DE | 2001-02 | $240,486,359 |
| 2 | Help Me See Inc, Helpmesee | 20 W 36th St Fl 4, New York, NY 10018-8005 | NY | 2011-06 | $15,873,598 |
| 3 | Unite For Sight Inc | 15th Floor, New Haven, CT 06510 | CT | 2003-09 | $1,733,922 |
| 4 | Retina Vitreous Foundation | 1127 Wilshire Blvd, Los Angeles, CA 90017-3901 | CA | 2009-01 | $687,514 |
| 5 | Visual Compassions | 19 Mystic Glade Apt No D, The Woodlands, TX 77382 | TX | 2008-04 | $395,040 |
| 6 | Voluntary Optometric Services To Humanity-Michigan | 2563 Jefferson Dr, Stevensville, MI 49127-8744 | MI | 1995-02 | $365,940 |
| 7 | World Optometry Foundation | 8360 Old York Rd, Elkins Park, PA 19027-1576 | PA | 2000-08 | $351,437 |
| 8 | Visionquest 20 20 | 2211 N 7th St, Phoenix, AZ 85006-1605 | AZ | 2003-10 | $305,644 |
| 9 | Vision Coalition Inc, Ma Affil-Prevent Blindness Massachu | 100 Cummings Center Ste 330 C, Beverly, MA 01915-6123 | MA | 2007-11 | $288,485 |
| 10 | Operation Sight | 1101 Clarity Rd Ste 100, Mt Pleasant, SC 29464-3138 | SC | 2012-07 | $250,578 |
| 11 | New Vision Ministries Inc | 855 Feinburg Ct, Cary, IL 60013 | IL | 2009-09 | $244,820 |
| 12 | Restore Sight International | 5510 S Fort Apache Rd Suite 2, Las Vegas, NV 89148-7700 | NV | 2013-11 | $232,100 |
| 13 | Vision Outreach International Inc | 2848 Niles Rd Ste 300, Saint Joesph, MI 49085-3352 | MI | 2004-02 | $217,183 |
| 14 | Surgeons For Sight | 113 Doctors Drive, Greenville, SC 29609 | SC | 2010-03 | $217,181 |
| 15 | Restoringvision Org | 222 Ridgewood Dr, San Rafael, CA 94901-1139 | CA | 2013-04 | $191,394 |
| 16 | Vision Beyond Sight Foundation Inc | PO BOX 524, Lancaster, NY 14086-0524 | NY | 2003-10 | $187,688 |
| 17 | World Sight Incorporated | 2646 Frankfort Ave, Louisville, KY 40206-2572 | KY | 2012-09 | $83,164 |
| 18 | Nantucket Retina Foundation | 301 E Muhammad Ali Blvd, Louisville, KY 40202-1511 | KY | 2003-08 | $76,423 |
| 19 | Madisonville Lions Club Foundation | Po Box 39, Madisonville, KY 42431 | KY | 2010-08 | $57,757 |
| 20 | Vosh Kentucky Inc | Po Box 577, Henderson, KY 42419-0577 | KY | 2008-03 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total | 274 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Organization representatives - add corrected or new information about Nantucket Retina Foundation »
Non-representatives - add comments about Nantucket Retina Foundation»