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Ophthalmology Research Foundation Inc

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Medical Research / Eye Research (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$3.01M (2023)

Expenses
$4.48M (2023)

Total Assets
$75.8M (2023)

Total Liabilities
$7.57M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending July
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,013,509
Expenses
$4,480,481
Net Income
-$1,466,972
Net Assets
$68,259,651
Notable Sources of Revenue Percent of Total Revenue
Contributions $497,701
16.5%
Program Services $1,992,742
66.1%
Investment Income $1,069,095
35.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$546,029
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $29,750
0.7%
Assets/Debt
Total Assets $75,827,274
Total Liabilities $7,567,623
Net Assets $68,259,651
Compensation
Key Employees and Officers Compensation Related Other
Eduardo Alfonso Md (President) $0 $1,288,399 $10,764
Carol Karp Md (Member At La) $0 $676,132 $2,322
Steven J Gedde (Member At La) $0 $491,428 $2,322
Richard Parrish Ii Md (Secretary) $0 $479,206 $6,798
David Tse Md (Member At La) $0 $421,744 $6,798
John G Clarkson Md (Executive Di) $0 $0 $0

Document Links

Fiscal Year Ending July
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,352,354
Expenses
$4,415,218
Net Income
$4,937,136
Net Assets
$67,696,635
Notable Sources of Revenue Percent of Total Revenue
Contributions $4,600,352
49.2%
Program Services $2,366,046
25.3%
Investment Income $888,487
9.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $1,497,469
16.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $29,750
0.7%
Assets/Debt
Total Assets $78,932,137
Total Liabilities $11,235,502
Net Assets $67,696,635
Compensation
Key Employees and Officers Compensation Related Other
Eduardo Alfonso Md (President) $0 $1,170,597 $6,858
Carol Karp Md (Member At La) $0 $594,499 $2,322
Richard Parrish Ii Md (Secretary) $0 $472,405 $8,961
Steven J Gedde (Member At La) $0 $464,457 $2,322
David Tse Md (Member At La) $0 $408,144 $6,798
John G Clarkson Md (Executive Di) $0 $0 $0

Document Links

Fiscal Year Ending July
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,892,535
Expenses
$1,631,377
Net Income
$4,261,158
Net Assets
$70,468,034
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,952,216
33.1%
Program Services $1,507,630
25.6%
Investment Income $673,497
11.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $1,759,192
29.9%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $488
0.0%
Assets/Debt
Total Assets $81,874,208
Total Liabilities $11,406,174
Net Assets $70,468,034
Compensation
Key Employees and Officers Compensation Related Other
Eduardo Alfonso Md (President) $0 $938,241 $6,858
Richard Parrish Ii Md (Secretary) $0 $433,014 $6,858
Steven J Gedde (Member At La) $0 $425,414 $2,322
David Tse Md (Member At La) $0 $393,729 $6,798
Carol Karp Md (Member At La) $0 $341,982 $2,322
John G Clarkson Md (Executive Di) $0 $0 $0

Document Links

Fiscal Year Ending July
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,540,077
Expenses
$1,940,859
Net Income
$1,599,218
Net Assets
$61,016,382
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,682,057
47.5%
Program Services $1,463,708
41.3%
Investment Income $815,092
23.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$420,780
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $29,750
1.5%
Assets/Debt
Total Assets $75,545,840
Total Liabilities $14,529,458
Net Assets $61,016,382
Compensation
Key Employees and Officers Compensation Related Other
Eduardo Alfonso Md (President) $0 $1,119,979 $6,858
Richard Parrish Ii Md (Secretary) $0 $497,464 $6,858
Steven J Gedde (Member At La) $0 $500,281 $1,242
David Tse Md (Member At La) $0 $448,873 $9,322
Carol Karp Md (Member At La) $0 $341,344 $2,322
John G Clarkson Md (Executive Di) $0 $0 $0

Document Links

Fiscal Year Ending July
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,886,530
Expenses
$2,137,232
Net Income
$1,749,298
Net Assets
$57,907,904
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,297,720
33.4%
Program Services $1,422,112
36.6%
Investment Income $767,499
19.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $399,199
10.3%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $29,750
1.4%
Assets/Debt
Total Assets $75,072,078
Total Liabilities $17,164,174
Net Assets $57,907,904
Compensation
Key Employees and Officers Compensation Related Other
Eduardo Alfonso Md (President) $0 $1,036,363 $6,858
Richard Parrish Ii Md (Secretary) $0 $523,971 $6,858
David Tse Md (Member At La) $0 $403,036 $6,858
Steven J Gedde (Member At La) $0 $385,383 $1,242
Carol Karp Md (Member At La) $0 $270,605 $1,242
John G Clarkson Md (Executive Di) $0 $0 $0

Document Links

Fiscal Year Ending July
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,587,057
Expenses
$2,036,358
Net Income
$4,550,699
Net Assets
$56,783,329
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,612,351
24.5%
Program Services $1,495,037
22.7%
Investment Income $605,904
9.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $2,873,765
43.6%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $29,750
1.5%
Assets/Debt
Total Assets $74,424,700
Total Liabilities $17,641,371
Net Assets $56,783,329
Compensation
Key Employees and Officers Compensation Related Other
Eduardo Alfonso Md (President) $0 $929,596 $6,858
Richard Parrish Ii Md (Secretary) $0 $543,869 $6,858
David Tse Md (Member At La) $0 $407,468 $6,858
Steven J Gedde (Member At La) $0 $387,004 $1,242
Carol Karp Md (Member At La) $0 $225,629 $1,242
John G Clarkson Md (Executive Di) $0 $70,105 $1,205

Document Links

Fiscal Year Ending July
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,102,375
Expenses
$3,054,226
Net Income
$1,048,149
Net Assets
$53,737,739
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,521,154
37.1%
Program Services $1,288,084
31.4%
Investment Income $452,297
11.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $840,840
20.5%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $29,750
1.0%
Assets/Debt
Total Assets $71,728,118
Total Liabilities $17,990,379
Net Assets $53,737,739
Compensation
Key Employees and Officers Compensation Related Other
Eduardo Alfonso Md (President) $888,157 $0 $3,564
Michael Gittelman (Member At La) $574,199 $0 $774
Richard Parrish Ii Md (Secretary) $565,005 $0 $6,858
John G Clarkson Md (Executive Di) $443,440 $0 $7,231
David Tse Md (Member At La) $405,761 $0 $6,858
Steven J Gedde (Member At La) $370,505 $0 $1,242
Carol Karp Md (Member At La) $212,601 $0 $1,242

Document Links

Fiscal Year Ending July
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,555,956
Expenses
$1,324,016
Net Income
$3,231,940
Net Assets
$51,181,522
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,751,096
60.4%
Program Services $1,062,317
23.3%
Investment Income $412,023
9.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $330,520
7.3%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $29,750
2.2%
Assets/Debt
Total Assets $66,531,522
Total Liabilities $15,350,000
Net Assets $51,181,522
Compensation
Key Employees and Officers Compensation Related Other
Eduardo Alfonso Md (Secretary/Tr) $0 $925,101 $3,564
Richard Parrish Ii Md (Vice Preside) $0 $553,314 $3,564
Michael Gittelman (Executive Di) $0 $449,105 $774
John G Clarkson Md (President) $0 $389,778 $7,231
Steven J Gedde (Vice Preside) $0 $374,325 $1,242

Document Links

Fiscal Year Ending July
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,386,166
Expenses
$983,921
Net Income
$2,402,245
Net Assets
$48,224,007
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,285,398
38.0%
Program Services $546,419
16.1%
Investment Income $356,552
10.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $1,197,797
35.4%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $29,750
3.0%
Assets/Debt
Total Assets $63,481,590
Total Liabilities $15,257,583
Net Assets $48,224,007

Document Links

Fiscal Year Ending July
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,707,296
Expenses
$1,047,274
Net Income
$660,022
Net Assets
$46,966,249
Notable Sources of Revenue Percent of Total Revenue
Contributions $253,254
14.8%
Program Services $528,315
30.9%
Investment Income $307,987
18.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $617,740
36.2%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $51,257,236
Total Liabilities $4,290,987
Net Assets $46,966,249

Document Links

Fiscal Year Ending July
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,536,893
Expenses
$1,138,176
Net Income
$4,398,717
Net Assets
$45,103,790
Notable Sources of Revenue Percent of Total Revenue
Contributions $4,101,126
74.1%
Program Services $501,749
9.1%
Investment Income $362,406
6.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $571,612
10.3%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $48,281,280
Total Liabilities $3,177,490
Net Assets $45,103,790

Document Links

Fiscal Year Ending July
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,928,213
Expenses
$1,390,973
Net Income
$537,240
Net Assets
$39,496,238
Notable Sources of Revenue Percent of Total Revenue
Contributions $860,441
44.6%
Program Services $405,561
21.0%
Investment Income $301,713
15.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $360,498
18.7%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $39,863,788
Total Liabilities $367,550
Net Assets $39,496,238

Document Links

Fiscal Year Ending July
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$926,380
Expenses
$1,469,289
Net Income
-$542,909
Net Assets
$39,546,288
Notable Sources of Revenue Percent of Total Revenue
Contributions $351,134
37.9%
Program Services $549,228
59.3%
Investment Income $248,533
26.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$222,515
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $39,913,838
Total Liabilities $367,550
Net Assets $39,546,288

Document Links

Fiscal Year Ending July
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending July
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending July
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending July
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending July
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending July
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending July
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending July
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending July
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
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  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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