BETA

VISION OF CHILDREN: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
VISION OF CHILDREN (EIN 95-4271785)
Tax period
2022-01-01 to 2022-12-31
Filed
2023-10-18
IRS object ID
202332919349301663
Schema version
2022v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2023-10-18T14:16:23-05:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN330810710PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Swenson Advisors LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line125220 Hancock Ave Suite 240AddressLine1Txt
CityMurrietaCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92562ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2022-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN954271785EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1The Vision of ChildrenBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlVISIBusinessNameControlTxt
Phone8583147916PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line112555 High Bluff Drive Ste 330AddressLine1Txt
CitySan DiegoCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92130ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSamuel A HardagePersonNm
Person TitleCEO & ChairmanPersonTitleTxt
Phone8583147916PhoneNum
Signature2023-10-07SignatureDt

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstSamuelPersonFirstNm
Person LastHardagePersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonScott MaxwellPreparerPersonNm
PTINP00749825PTIN
Phone9514454700PhoneNum
Preparation2023-10-07PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerSamuel A HardagePrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line112555 High Bluff Drive Ste 330AddressLine1Txt
CitySan DiegoCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92130ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$369,921GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website Addresswww.visionofchildren.orgWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1990FormationYr
Legal Domicile StateCALegalDomicileStateCd
Activity Or MissionTHE VISION OF CHILDREN FOUNDATION seeks to find a cure for inherited eye diseases.ActivityOrMissionDesc
Voting Members Governing Body9VotingMembersGoverningBodyCnt
Voting Members Independent0VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers50TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$533,232PYContributionsGrantsAmt
CY Contributions Grants$288,866CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$348PYInvestmentIncomeAmt
CY Investment Income$1,190CYInvestmentIncomeAmt
PY Other Revenue$231,738PYOtherRevenueAmt
CY Other Revenue$61,660CYOtherRevenueAmt
PY Total Revenue$765,318PYTotalRevenueAmt
CY Total Revenue$351,716CYTotalRevenueAmt
PY Grants And Similar Paid$174,500PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$217,320CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$157,431PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$123,403CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$106,765CYTotalFundraisingExpenseAmt
PY Other Expenses$64,595PYOtherExpensesAmt
CY Other Expenses$64,338CYOtherExpensesAmt
PY Total Expenses$396,526PYTotalExpensesAmt
CY Total Expenses$405,061CYTotalExpensesAmt
PY Revenues Less Expenses$368,792PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$53,345CYRevenuesLessExpensesAmt
Total Assets BOY$773,477TotalAssetsBOYAmt
Total Assets EOY$745,154TotalAssetsEOYAmt
Total Liabilities BOY$632,300TotalLiabilitiesBOYAmt
Total Liabilities EOY$657,322TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$141,177NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$87,832NetAssetsOrFundBalancesEOYAmt
MissionOUR MISSION IS TO CURE HEREDITARY CHILDHOOD BLINDNESS AND OTHER VISION DISORDERS AND TO IMPROVE THE LIVES OF VISUALLY IMPAIRED INDIVIDUALS AND THEIR FAMILIESMissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$217,320ExpenseAmt
Grant$217,320GrantAmt
DescThe Vision of Children funds researchers, in the US and internationally, who are advancing our understanding of the causes and are finding cures for inherited eye disease and vision disorders. The primary focus of our funded research has been multiple vision related medical issues.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$31,878ExpenseAmt
DescThe Vision of Children provides information to the public and gives researchers an opportunity to arrange for collaborative research projects by hosting a biennial symposium. Additionally, through newsletters and our website, we inform the members who make up our family network. The Vision of Children provides adaptive vision aids to school districts. These computer monitors and handheld magnifiers alleviate the stress and strain that students with low vision may face when they are at school. Further, the Vision Hero Video Series are videos of inspiring young people who are able to overcome their vision challenges. Vision Heroes mentor and motivate other young people born with genetic vision disorders to persevere, pursue their goals, and reach their full potential in spite of having a vision disorder.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$249,198TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related InvstYes (1)ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntYes (1)BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document2IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members9GoverningBodyVotingMembersCnt
Independent Voting Member0IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of Committees0MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
Own WebsiteYes (X)OwnWebsiteInd
Other WebsiteYes (X)OtherWebsiteInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Samuel A HardageBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8583147916PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line112555 High Bluff Dr Ste 330AddressLine1Txt
CitySan DiegoCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92130ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (12 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
Samuel A Hardage
CEO & Chairman0.50Yes (X)Yes (X)$0$0$0
Elizabeth Dole
Honorary Co-Chair0.00Yes (X)$0$0$0
Debora B Farber PhD
Chief Scientific Advisor0.50Yes (X)$0$0$0
Richard Alan Lewis MD MS
Scientific Advisor0.50Yes (X)$0$0$0
Daniel W Gil PhD
Director0.50Yes (X)$0$0$0
Vivian L Hardage MS
Director0.50Yes (X)$0$0$0
Jacqueline Johnson PhD
Director0.50Yes (X)$0$0$0
Stephen Moffett OD
Director0.50Yes (X)$0$0$0
Gregory I Ostrow MD
Director0.50Yes (X)$0$0$0
Richard A Schatz MD
Director0.50Yes (X)$0$0$0
Kenneth J Widder MD
Director0.50Yes (X)$0$0$0
Beth Chaney
Secretary0.50Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Membership Dues$1,887MembershipDuesAmt
Fundraising$105,103FundraisingAmt
All Other Contributions$181,876AllOtherContributionsAmt
Total Contributions$288,866TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,190TotalRevenueColumnAmt
Exclusion$1,190ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$79,865FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$105,103ContriRptFundraisingEventAmt
Fundraising Direct Expenses$18,205FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$61,660TotalRevenueColumnAmt
Exclusion$61,660ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$351,716TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$62,850ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$217,320TotalAmt
Program Services$217,320ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$123,403TotalAmt
Program Services$14,034ProgramServicesAmt
Management And General$19,622ManagementAndGeneralAmt
Fundraising$89,747FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$26,930TotalAmt
Program Services$15,580ProgramServicesAmt
Fundraising$11,350FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$11,750TotalAmt
Management And General$11,750ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$1,252TotalAmt
Management And General$1,252ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$1,168TotalAmt
Management And General$1,168ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$54TotalAmt
Program Services$54ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$813TotalAmt
Management And General$813ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
Other expenses$20,289$128$14,493$5,668
Project Vision Aid$2,082$2,082

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$405,061TotalAmt
Program Services$249,198ProgramServicesAmt
Management And General$49,098ManagementAndGeneralAmt
Fundraising$106,765FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$51,103BOYAmt
EOY$42,063EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$443,424BOYAmt
EOY$409,614EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$3,950BOYAmt
EOY$17,610EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
EOY$867EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$275,000BOYAmt
EOY$275,000EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$773,477BOYAmt
EOY$745,154EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$8,659BOYAmt
EOY$7,083EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$619,971BOYAmt
EOY$646,621EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$3,670BOYAmt
EOY$3,618EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$632,300BOYAmt
EOY$657,322EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$118,786BOYAmt
EOY$26,168EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$22,391BOYAmt
EOY$61,664EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$141,177BOYAmt
EOY$87,832EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$773,477BOYAmt
EOY$745,154EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$53,345ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$660,771CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,111,021CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$289,840CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,102,569CurrentTaxYearMinus1YearAmt
Current Tax Year$368,731CurrentTaxYearAmt
Total$3,532,932TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$660,771CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,111,021CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$289,840CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,102,569CurrentTaxYearMinus1YearAmt
Current Tax Year$368,731CurrentTaxYearAmt
Total$3,532,932TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$185,342SubstantialContributorsTotAmt
Public Support Total170$3,347,590PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,226CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$318CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$422CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$348CurrentTaxYearMinus1YearAmt
Current Tax Year$1,190CurrentTaxYearAmt
Total$3,504TotalAmt
FieldValueIRS element (for citing)
Total Support$3,536,436TotalSupportAmt
Public Support CY1700.94660PublicSupportCY170Pct
Public Support PY1700.91650PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt

Invst Program Related Org InvstProgramRelatedOrgGrp

FieldValueIRS element (for citing)
DescInvestment in Sydnexis, Inc.Desc
Book Value$275,000BookValueAmt
Method ValuationCMethodValuationCd
FieldValueIRS element (for citing)
Total Book Value Program Rltd$275,000TotalBookValueProgramRltdAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$369,921TotalRevEtcAuditedFinclStmtAmt
Other Revenue$18,205OtherRevenueAmt
Revenue Not Reported$18,205RevenueNotReportedAmt
Revenue Subtotal$351,716RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$351,716TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$423,266TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$18,205OtherExpensesIncludedAmt
Expenses Not Reported$18,205ExpensesNotReportedAmt
Expenses Subtotal$405,061ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$405,061TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Part X, Line 2:The Organization uses a loss contingencies approach for evaluating uncertain tax positions and continually evaluates changes in tax law and new authoritative rulings. No loss contingencies were recognized for the year ended December 31, 2021. The Organization's federal exempt organization returns for tax years 2017 and beyond remain subject to examination by the Internal Revenue Service. The Organization's exempt organization returns of the tax years 2016 and beyond remain subject to examination by the Franchise Tax Board. The Organization did not have unrecognized tax benefits as of December 31, 2021 and does not expect this to change significantly over the next 12 months. The Organization recognizes interest and penalties accrued on any unrecognized tax benefits as a component of income tax expense. As of December 31, 2021, the Organization has not accrued interest or penalties related to uncertain tax positions.
Part XI, Line 2d - Other Adjustments:Contra Revenue - Special Event Expenses 18205.
Part XII, Line 2d - Other Adjustments:Special Event Expenses 18205.

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1Spring TeaEvent1Nm
Gross Receipts Event1$139,968GrossReceiptsEvent1Amt
Charitable Contri Event1$60,103CharitableContriEvent1Amt
Gross Revenue Event1$79,865GrossRevenueEvent1Amt
Food And Beverage Event1$7,905FoodAndBeverageEvent1Amt
Entertainment Event1$400EntertainmentEvent1Amt
Other Direct Expenses Event1$9,901OtherDirectExpensesEvent1Amt
Gross Receipts Total$139,968GrossReceiptsTotalAmt
Charitable Contributions Tot$60,103CharitableContributionsTotAmt
Gross Revenue Total Events$79,865GrossRevenueTotalEventsAmt
Food And Beverage Total Events$7,905FoodAndBeverageTotalEventsAmt
Entertainment Total Events$400EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events$9,901OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$18,206DirectExpenseSummaryEventsAmt
Net Income Summary$61,659NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtValuation Method UsedValuationMethodUsedDescPurpose Of GrantPurposeOfGrantTxt
The Regents of the University of CA
100 Stein PlazaLos AngelesCA90095956006143501(c)(3)$50,000$0Cash ValueResearch for a cure to childhood blindness
University of California San Diego
9500 Gilman DrLa JollaCA92093956006144501(c)(3)$173,000$0Cash ValueResearch for a cure to childhood blindness
FieldValueIRS element (for citing)
Total501c3 Org3Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart I, Line 2:FormAndLineReferenceDesc
ExplanationThe Organization provides research grants to Ph.D.'s who are dedicated to finding cures for blindness and other vision disorders. A grantee's eligibility is determined by the Board before a grant is approved. Grants are paid quarterly and are used to fund specific scientific research expenses as enumerated in the grant proposal. It is a requirement of the grant that the grantee provide the Organization with quarterly reports on the progress in order for the grantee to continue to receive funding.ExplanationTxt

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (3 entries)

Relationship DescriptionRelationshipDescriptionTxtTransactionTransactionAmtTransactionTransactionDescSharing Of RevenuesSharingOfRevenuesInd
Sydnexis Inc
Owned by Board Member$275,000VOC has executed an agreement to help fund research concerning treatments for childhood myopia. In exchange for providing this funding, VOC will be issued common stock in Sydnexis, Inc. and a royalty interest based on net sales.0
Board Members Contributions
Directors of the Organization's Board$1,865During 2022, members of the Organization's Board of Directors and related party donated0
UCLA
Research institute that employs a member of the Organization's BOD$50,000The Organization has $50,000 of grants to research0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Section A, line 2Kenneth Widder and Jacqueline Johnson are married. Sam & Vivian Hardage are married.
Form 990, Part VI, Section A, line 8bThere are no committees
Form 990, Part VI, Section B, line 11bTHE FORM 990 IS DRAFTED BY AN INDEPENDENT CERTIFIED PUBLIC ACCOUNTING FIRM. THE DRAFT IS THEN DISTRIBUTED TO THE CHAIRMAN OF THE BOARD AND HIS ACCOUNTING STAFF FOR REVIEW. THE FINAL VERSION OF FORM 990 IS DISTRIBUTED TO THE BOARD FOR REVIEW BEFORE FILING.
Form 990, Part VI, Section B, line 12cAT EACH BOARD MEETING, THE CONFLICT OF INTEREST POLICY IS DISCUSSED AND REVIEWED. THE POLICY IS ALSO REVIEWED AND DISCUSSED WITH EACH EMPLOYEE, AS PART OF THEIR REVIEW, COMPLETED EVERY SIX MONTHS.
Form 990, Part VI, Section B, line 15bCOMPENSATION OF KEY EMPLOYEES IS DETERMINED OR REVIEWED BY THE CHAIRMAN. COMPENSATION IS DETERMINED WITH REGARD TO COMPENSATION PAID TO SIMILAR EXECUTIVES OF COMPARABLE NON-PROFITS.
Form 990, Part VI, Section C, line 19THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. THE FORM 990 IS ALSO AVAILABLE TO THE PUBLIC UPON REQUEST AS WELL AS VIA THE ORGANIZATION'S WEBSITE.
Part XII, Line 2C ExplanationThe Chairman of the Board and the Accounting Staff assumes responsibility for the oversight of the audit of its financial statements and selection of an independent certified public accounting firm. During the calendar year 2022, the Organization did not change its oversight or selection process.

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