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HOPE FOR VISION INC

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Tax-exempt status may be revoked

HOPE FOR VISION INC

EIN 20-2818701 · Eye Diseases, Blindness and Vision Impairments

What they do

HOPE for VISION is DEDICATED to RAISING FUNDS to ADVANCE GROUNDBREAKING SCIENTIFIC/MEDICAL RESEARCH for THE TREATMENTS and CURES of BLINDING GENETIC RETINAL DISEASES - THE ORGANIZATION RAISES AWARENESS of and FUNDING for RESEARCH to CURE BLINDING DISEASE. IT SPRINGS FROM THE CONVICTION THAT PROPERLY EDUCATED and INSPIRED PEOPLE WILL JOIN THE GRASSROOTS MOVEMENT to SPEED THE DEVELOPMENT and DELIVERY of PROMISING TREATMENTS to THE TENS of MISSIONS of PEOPLE LOSING VISION EVERY DAY. FUNDS RAISED DIRECTLY SUPPORT SCIENTIFIC RESEARCH to CURE BLINDNESS AT THE NATIONS LEADING MEDICAL RESEARCH INSTITUTIONS.

Before you give

Should I give to this charity?

Easy charity check
Stop and check first

This record may have an IRS status problem. Do not give until you verify it.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkThere may be a problem with its nonprofit status. Check before giving.

Money report from 2016The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders5 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

660.75%of revenue went to mission work85.3% of expenses · Program services
10.85%of revenue went to fundraising1.4% of expenses
$774.95spent for every $100 of revenueSpending was higher than revenue this year.
103.35%of revenue went to management and office costs13.3% of expenses
$9.81in assets for every $1 spent this yearSome assets cannot be spent right away.
88.9%of its money came from giftsOther money may come from services or investments.

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  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $79,408 this year. Ask whether that was planned or caused by a one-time event.

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Money

Financial picture

Tax year 2016

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$11,765
Mission workProgram services$77,737660.75% of revenue85.3% of expenses
ManagementOffice and general costs$12,159103.35% of revenue13.3% of expenses
FundraisingAsking for donations$1,27710.85% of revenue1.4% of expenses
Total expenses$91,173774.95% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Money in and money out

Revenue$11,765
Expenses$91,173
Annual shortfall $79,408 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$77,737 · 85.3% of expenses
Management and office costs$12,159 · 13.3% of expenses
Fundraising$1,277 · 1.4% of expenses
See all reported dollar amounts
Revenue$11,765
Expenses$91,173
Assets$894,372
Income$95,716
Contributions$10,462
Mission work (program services)$77,737
Fundraising$1,277
Management and general$12,159
Accounting fees$5,463
People

Leadership and board

Tax year 2016

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (5)

ALEX COHEN MD PHDVICE PRESIDE

ABE KOSS ESQTREASURER

BETTI LIDSKYCHAIRPERSON

DARIA ZAWADZKI ESQSECRETARY

JAIME EDELSTEIN MDPRESIDENT

About this charity

Location
601 NE 36TH STREET SUITE 2610, MIAMI, FL 33137
County
Miami-Dade
In care of
BETTI LIDSKY

How to reach them

Filing and classification

Latest tax year
2016
Tax period began
January 1, 2016
Tax preparer
AGUIAR CABRERA MACEO & COLLP
IRS tax category
Eye Diseases, Blindness and Vision Impairments
Revocation date
May 15, 2021

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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