International Foundation For Optic Nerve Disease Inc in Cornwall, New York (NY)

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International Foundation For Optic Nerve Disease Inc
Employer Identification Number (EIN)141789291
Name of OrganizationInternational Foundation For Optic Nerve Disease Inc
In Care of NameOlie Westheimer Bodis-Wollner
AddressPO BOX 777, Cornwall, NY 12518-0777
ActivitiesDescribed in section 170(b)1)(a)(vi) of the Code, Scientific research (diseases), Other medical research
SubsectionEducational Organization
Ruling Date01/1997
DeductibilityContributions are deductible
FoundationOrganization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$100,000 to $499,999
Income$25,000 to $99,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$101,646
Amount of Income$47,781
Form 990 Revenue Amount$34,154
National Taxonomy of Exempt Entities (NTEE)Medical Research: Eye Research


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Amount of income in 2013: $47,781 (it was $52,637 in 2012)
This organization: 

 $47,781
Other organizations performing similar types of work: 

 $105,374

Assets in 2013: $101,646 (it was $90,765 in 2012)
International Foundation For Optic Nerve Disease Inc: 

 $101,646
Other organizations performing similar types of work: 

 $100,080

Expenses in 2013: $23,132
This organization: 

 $23,132
Other organizations performing similar types of work: 

 $65,058

Income to expenses ratio in 2013: 2.1
This organization: 

 2.1
Other organizations performing similar types of work: 

 1.0

Grants share in income in 2013: 21.9%
International Foundation For Optic Nerve Disease Inc: 

 21.9%
Other organizations performing similar types of work: 

 91.4%

Financial snapshot ($)

Revenue for 2013

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201120122013
Total revenue$29,151$33,288$34,154
Contributions, gifts, grants, and similar amounts received$11,815$6,341$7,480
Program service revenue including government fees and contracts$0$0$0
Membership dues and assessments$0$0$0
Investment income$858$1,415$1,665
Gain/Loss from sale of assets other than inventory$0$0$0
Net income/loss from gaming and fundraising events$16,478$25,532$25,009
Gross income from gaming$0$0$0
Gross income from fundraising events$33,246$44,881$38,636
Less: direct expenses from gaming and fundraising events$16,768$19,349$13,627
Gross profit/loss from sales of inventory$0$0$0
Other revenue$0$0$0
Total expenses$26,784$11,255$23,132
Total net assets$67,567$90,765$101,646
Excess/Deficit for the year$2,367$22,033$11,022
Net assets or fund balances at beginning of year$65,200$67,567$90,765
Other changes in net assets or fund balances$0$1,165$-141
Net assets or fund balances at end of year$90,765$101,646
Balance Sheets
201120122013
Total assets$67,567$90,765$101,646
Total liabilities$0$0$0
Net assets or fund balances$67,567$90,765$101,646
Other Information
201120122013
Did the organization engage in any significant activity not previously reported to the IRS?NoNo
Were any significant changes made to the organizing or governing documents?NoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNoNo
Has the organization filed a Form 990-T for the year?NoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNo
Amount of political expenditures, direct or indirect$0$0
Did the organization file Form 1120-POL for this year?NoNo
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?NoNo
Total amount involved$0$0
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?NoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNo
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 supported0
Sum of amounts of support$0
Support Schedule for Organizations Described in Section 509(a)(2) (for 2009 - 2013)
2009 - 2013 Total
Public support$94,616
Subtotal$94,616
Gifts, grants, contributions, and membership fees received$94,616
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$0
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$0
Amounts received from disqualified persons$0
Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support$0
Total support$98,836
Public support$94,616
Subtotal$4,220
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$4,220
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$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Vision Research Ropard Foundation39650 Orchard Hill Pl Ste 200, Novi, MI 48375-5391MI2006-06$1,138,053
2Tear Film And Ocular Surface Society Inc120 Fulton St Apt 2c, Boston, MA 02109-1447MA2003-04$833,557
3Reorganized Cleveland Eye-Bank Inc6700 Euclid Avenue, Cleveland, OH 44103-3956OH2014-07$786,042
4Lowy Medical Research Institute Inc3366 N Torrey Pines Ct Ste 300, La Jolla, CA 92037-1025CA2015-03$500,001
5Tarrant Eye Resources Inc1307 8th Ave Ste M2, Fort Worth, TX 76104-4137TX2007-05$407,682
6Pediatric Vision Research And Diagnostic Center321 South Henderson Street, Fort Worth, TX 76104TX2011-01$250,407
7Sarasota Retina Institute Research Foundation Inc3400 Bee Ridge Rd Ste 200, Sarasota, FL 34239-7243FL1996-02$212,501
8The Bernadotte Foundation For Childrens Eyecare IncOne Battery Park Plaza 7th Fl, New York, NY 10004-1405NY1994-01$194,474
9Faculty Student Association Of The State College Of Optometry Inc33 W 42nd Street No 9th Fl, New York, NY 10036-8005NY1972-12$182,916
10The Glaucoma Education & Research Fund Inc205 E 64th St Ste 101, New York, NY 10065-6673NY2009-03$117,607
11Buffalo Eye Bank Foundation Inc115 Christine Dr, Amherst, NY 14228-1312NY1964-06$66,806
12Retina Research Foundation Inc1220 New Scotland Rd Ste 201, Slingerlands, NY 12159-9386NY2005-09$49,337
13International Foundation For Optic Nerve Disease IncPO BOX 777, Cornwall, NY 12518-0777NY1997-01$47,781
14Cornea Education And Research FoundationPO BOX 566, Elmsford, NY 10523-0566NY2006-06$12,225
15Stephen E Kelly Foundation Inc154 East 71st Street, New York, NY 10021NY2010-08$160
16Foundation For Ophthalmology Research And Education Internation52 E 72nd St, New York, NY 10021-4266NY2014-07$0
17Neuro-Opthalmic Research Foundation635 W 165th St, New York, NY 10032-3724NY2010-04$0
18Optic Nerve Research Foundation Inc56 E 66th St, New York, NY 10021-6538NY2002-08$0
19Optimyst Research Inc360 Montauk Hwy, West Islip, NY 11795NY2004-09$0
20Osullivan Institute Inc575 Fifth Ave, New York, NY 10017-2422NY2014-08$0
Number of organizations performing similar types of work
Alaska1
California15
Colorado1
Florida14
Georgia1
Hawaii2
Iowa1
Illinois2
Indiana2
Kentucky3
Massachusetts2
Maryland1
Michigan4
Minnesota1
Missouri1
North Carolina1
New Jersey2
New York13
Ohio7
Oregon2
Pennsylvania3
Tennessee1
Texas6
Virginia2
Washington3
Wisconsin3
West Virginia1
Total95

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