Vision Research Institute in Lowell, Massachusetts (MA)
Table of contents:
- Overview
- Detailed Reports
- Analysis of Revenue and Expenses
- Balance Sheets
- Capital Gains and Losses for Tax on Investment Income
- Excise Tax Based on Investment Income
- Statements Regarding Activities
- Statements Regarding Activities for Which Form 4720 May Be Required
- Minimum Investment Return
- Distributable Amount
- Undistributed Income
- Private Operating Foundations
- Organizations performing similar types of work
| Vision Research Institute | |
| Employer Identification Number (EIN) | 043292597 |
| Name of Organization | Vision Research Institute |
| In Care of Name | Dr Ram L P Vimal |
| Address | 25 Rita St, Lowell, MA 01854-2227 |
| Activities | Scientific research for government |
| Subsection | Charitable Organization |
| Ruling Date | 09/1998 |
| Deductibility | Contributions are deductible |
| Foundation | Private operating foundation (other) |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $1 to $9,999 |
| Income | $10,000 to $24,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $7,488 |
| Amount of Income | $22,080 |
| Form 990 Revenue Amount | $15,276 |
| National Taxonomy of Exempt Entities (NTEE) | Medical Research: Eye Research |
| User's rating |  |
Non-representatives - add comments:
Amount of income in 2013: $22,080 (it was $19,396 in 2012)
| This organization: | $22,080 |
| Other organizations performing similar types of work: | $171,873 |
Assets in 2013: $7,488 (it was $6,851 in 2012)
| Vision Research Institute: | $7,488 |
| Other organizations performing similar types of work: | $973,256 |
Expenses in 2012: $19,390
| This organization: | $19,390 |
| Other organizations performing similar types of work: | $402,085 |
Income to expenses ratio in 2012: 1.1
| Vision Research Institute: | 1.1 |
| Other organizations performing similar types of work: | 1.1 |
Grants share in income in 2012: 100.0%
| This organization: | 100.0% |
| Other organizations performing similar types of work: | 77.1% |
Assets for 2012
| Analysis of Revenue and Expenses (for 2012) | ||||
| Revenue and expenses per books | Net investment income | Adjusted net income | Disbursements for charitable purposes (cash basis only) | |
|---|---|---|---|---|
| Total revenue | $19,396 | $0 | $0 | |
| Contributions, gifts, grants, etc., received | $19,396 | |||
| Interest on savings and temporary cash investments | $0 | |||
| Dividends and interest from securities | $0 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Total expenses and disbursements | $19,390 | $0 | $0 | $17,351 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $19,390 | $0 | $17,351 | |
| Contributions, gifts, grants paid | $0 | |||
| Excess of revenue over expenses and disbursements | $6 | |||
| Net investment income | $0 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $6,851 | $6,851 |
| Cash - non-interest-bearing | $51 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $0 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Other | $6,800 | |
| Total liabilities | $0 | |
| Total liabilities and net assets/fund balances | $6,851 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $0 |
| Net capital loss | $0 |
| Excise Tax Based on Investment Income (for 2012) | |
| Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income) | No |
| Tax based on investment income | $0 |
| Total credits and payments | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Tax due | $0 |
| Overpayment | $0 |
| Amount to be credited to 2013 estimated tax | $0 |
| Statements Regarding Activities (for 2012) | |
| During the tax year, did the foundation attempt to influence any national, state, or local legislation or did it participate or intervene in any political campaign? | No |
| Was there a liquidation, termination, dissolution, or substantial contraction during the year? | No |
| Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3) or 4942(j)(5) for calendar year 2012 or the taxable year beginning in 2012? | Yes |
| Statements Regarding Activities for Which Form 4720 May Be Required (for 2012) | |
| During the year did the foundation (either directly or indirectly): | |
| Engage in the sale or exchange, or leasing of property with a disqualified person? | No |
| Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person? | No |
| Furnish goods, services, or facilities to (or accept them from) a disqualified person? | No |
| Pay compensation to, or pay or reimburse the expenses of, a disqualified person? | Yes |
| Transfer any income or assets to a disqualified person (or make any of either available for the benefit or use of a disqualified person)? | No |
| Agree to pay money or property to a government official? | No |
| At the end of tax year 2012, did the foundation have any undistributed income for tax year(s) beginning before 2012? | No |
| Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year? | No |
| Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes? | No |
| During the year did the foundation pay or incur any amount to: | |
| Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? | No |
| Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive? | No |
| Provide a grant to an individual for travel, study, or other similar purposes? | No |
| Provide a grant to an organization other than a charitable, etc., organization described in section 509(a)(1), (2), or (3), or section 4940(d)(2)? | No |
| Provide for any purpose other than religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals? | No |
| Minimum Investment Return (for 2012) | |
| Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes | $6,800 |
| Net value of noncharitable-use assets | $6,680 |
| Minimum investment return | $334 |
| Distributable Amount (for 2012) | |
| Distributable amount | $0 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $0 |
| Undistributed income for 2012. This amount must be distributed in 2013 | $0 |
| Private Operating Foundations (for 2012) | |||||
| 2012 | 2011 | 2010 | 2009 | Total | |
|---|---|---|---|---|---|
| The lesser of the adjusted net income or the minimum investment return | $1 | $0 | $0 | $37 | $37 |
| Qualifying distributions made directly for active conduct of exempt activities | $17,351 | $13,428 | $9,544 | $3,444 | $43,767 |
| Value of all assets | $6,851 | $10,245 | $13,572 | $0 | $30,669 |
| Value of assets qualifying under section 4942(j)(3)(B)(i) | $17,351 | $13,428 | $9,544 | $3,444 | $43,767 |
| 2/3 of minimum investment return | $223 | $334 | $446 | $2 | $1,007 |
| Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) | $19,396 | $15,276 | $10,839 | $3,530 | $49,042 |
| Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii) | $0 | $0 | $0 | $0 | $0 |
| Gross investment income | $0 | $0 | $0 | $0 | $0 |
Ratings Summary
Based on 1 vote
| Overall Rating: |  | 5.0 |
| Ratings in categories: | ||
| Program: |  | 5.0 |
| Fundraising: | | 5.0 |
| Expenses: | | 5.0 |
| Transparency: | | 5.0 |
1 User Review:
Timothy
Added on Oct 6, 2016 8:29 AM
Would you recommend Vision Research Institute to others? Yes
| Write your review! |
|
|
| Recently Added Reviews |
|
Vision Research Institute in Lowell, MA
|
Peruvian Childrens Fund in Lowell, MA
 |
|
Alert Enlighten Resolve Charities Inc in Lowell, MA
|
|
Whole Armour International Church in Lowell, MA
|
|
The Red Sox Foundation Inc in Boston, MA
|
|
King Solomon Humanitarian Foundation For Handicapped Childre, Handi-Kids in Bridgewater, MA
|
| Iglesia Camino Al Calvario in Lynn, MA |
| Rossbach Charitable Remainder Tr, Rossbach Janice & C E Ahara Ttees in Lexington, MA |
| Massachusetts-Ponkapoag Tribal Council Inc in Bridgewater, MA |
|
Fc Blazers in Needham Hgts, MA
|
| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Dean Mcgee Eye Institute | 608 Stanton L Young Blvd, Oklahoma City, OK 73104-5014 | OK | 1973-05 | $35,714,664 |
| 2 | Glaucoma Research Foundation | 251 Post St Ste 600, San Francisco, CA 94108-5017 | CA | 1978-07 | $4,272,938 |
| 3 | Arthritis National Research Foundation | 200 Oceangate Ste 830, Long Beach, CA 90802-4352 | CA | 1973-04 | $2,399,194 |
| 4 | Kentucky Lions Eye Research Professorship Trust | 301 E Muhammad Ali Blvd, Louisville, KY 40202-1511 | KY | 1986-04 | $2,238,797 |
| 5 | American Association For Pediatric Ophthalmology & Strabismus | 655 Beach Street, San Francisco, CA 94109-1342 | CA | 1975-07 | $1,903,891 |
| 6 | Visual Studies Workshop Inc | 31 Prince St, Rochester, NY 14607-1405 | NY | 1994-10 | $503,244 |
| 7 | Benign Essential Blepharospasm Research Foundation Inc | PO BOX 12468, Beaumont, TX 77726-2468 | TX | 1981-11 | $275,714 |
| 8 | Center For Eye Research Inc | 50 Staniford Street, Boston, MA 02114-2517 | MA | 1988-03 | $171,873 |
| 9 | Ohio Lions Eye Research Foundation | 107 E Main St Ste 4, Ashland, OH 44805-2338 | OH | 1957-03 | $120,792 |
| 10 | American Ophthlmological Society Ch Aritable Educationa & Scientific | 655 Beach Street, San Francisco, CA 94109-1342 | CA | 1997-09 | $101,985 |
| 11 | Ear Foundation | PO BOX 330867, Nashville, TN 37203-7506 | TN | 1996-04 | $98,512 |
| 12 | Christian Ophthalmology Society Inc | 159 E 2nd St, Chillicothe, OH 45601-2526 | OH | 1984-03 | $69,034 |
| 13 | Vision Research Institute | 25 Rita St, Lowell, MA 01854-2227 | MA | 1998-09 | $22,080 |
| 14 | Cataract Research Institute | Delaware County Medical Center Ste, Broomall, PA 19008 | PA | 1979-02 | $12,750 |
| 15 | The Eye Research Institute | PO BOX 53429, Philadelphia, PA 19105-3429 | PA | 1971-03 | $6,110 |
| 16 | C O R N E A Inc | 6950 Sw Hampton St Ste 150, Portland, OR 97223 | OR | 1996-05 | $0 |
| 17 | Cataract And Retina Teaching Foundation Inc | 1445 Nw 2nd Ave, Boca Raton, FL 33432-1610 | FL | 1992-04 | $0 |
| 18 | Forum For Military Applications Of Directed Energy | 1527 Chandler Rd Se, Huntsville, AL 35801-1475 | AL | 1989-09 | $0 |
| 19 | International Society For Contact Lens Research | 2820 Napoleon Ave Ste 750, New Orleans, LA 70115-6985 | LA | 1986-12 | $0 |
| 20 | Retina Associates Foundation | 39 Cross St Ste 106a, Peabody, MA 01960-1628 | MA | 1998-09 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||
|
| ||||||||||||||||||||||||||
| Total | 21 | ||||||||||||||||||||||||||
Organization representatives - add corrected or new information about Vision Research Institute »
Non-representatives - add comments about Vision Research Institute»