MACULAR DEGENERATION FOUNDATION INC

EIN: 650403437 501(c)(3) Diseases & Disorders

HENDERSON, NV

Total Revenue
$116,476
Total Expenses
$600,881
Total Assets
$4,117,522
Net Assets
$4,117,522
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1993
Legal Domicile
NV
Phone
8886333937
Tax Period
2023-01-01 to 2023-12-31

MACULAR DEGENERATION FOUNDATION INC, founded in 1993, is a small nonprofit in the Diseases & Disorders sector that reported $116K in total revenue in fiscal year 2023. Revenue fell 88% from the prior year — a significant decline worth monitoring. Expenses of $601K exceeded revenue, resulting in a 416% operating deficit.

Mission

TO EDUCATE AND SUPPORT THOSE WHO SUFFER FROM MACULAR DEGENERATION BY PROVIDING INFORMATIONM RESOURCES WORKING WITH LOW VISION CENTERS TO RECYCLE DONATED LOWVISION DEVIICES PROVIDING LOW COST MAGNIFICATION FUNDING GRANTS FOR SUPPORT GROUPS AND TO FURTHER RESEARCH TO RESTORE VISION

Program Service Accomplishments

Program 1
Expenses: $295,946 Revenue: $0

RESEARCH PROGRAM DEVELOPMENT ACTIVITIES INCLUDING SURVEY AND APPRAISAL OF EMERGING THERAPIES FOR MACULAR DEGENERATION SUPPORT OF MACULAR DEGENERATION PATIENTS BY PROVIDING TOLL-FREE PHONE SUPPORT...

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RESEARCH PROGRAM DEVELOPMENT ACTIVITIES INCLUDING SURVEY AND APPRAISAL OF EMERGING THERAPIES FOR MACULAR DEGENERATION SUPPORT OF MACULAR DEGENERATION PATIENTS BY PROVIDING TOLL-FREE PHONE SUPPORT CREATING REPORTS AND PROVIDING CURRENT INFORMATION VIA 2 WEBSITES WWW.EYESIGHT.ORG AND WWW.MACULAR NEWS.ORG ELECTRONIC AND LARGE PRINT NEWSLETTERS TRAVEL TO CONFERENCES FILM EDIT AND UPLOAD INTERVIEWS AND INFORMATION ON LATEST TREATMENTS AND RESEARCH. DIRECT SUPPORT OF PATIENTS BY WORKING WITH LOW VISION CENTERS AND MANUFACTURES TO FIND LOW COST OR NO COST DEVICES. MAIL OUT DVDS NEWSLETTERS AND OTHER EDUCATIONAL MATERIAL POSTING NEWS ARTICLES ON WEBSITES AND SOCIAL MEDIA ACCOUNTS

Program 2
Expenses: $75,000 Revenue: $0

Research Grant - UNIVERSITY AT BUFFALO STATE UNIVERSITY OF NEW YORK 520 LEE ENTRANCE STE 211 AMHERST NY 14228 unrestricted funding of Epigenetic Architecture of the RPE and Choroid: Identification of...

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Research Grant - UNIVERSITY AT BUFFALO STATE UNIVERSITY OF NEW YORK 520 LEE ENTRANCE STE 211 AMHERST NY 14228 unrestricted funding of Epigenetic Architecture of the RPE and Choroid: Identification of therapeutic targets for AMD

Program 3
Expenses: $25,000 Revenue: $0

Research Grant - University of Rochester ORACS - John Loux Box 278832 Rochester NY 14627-8832. LUCIDATION OF DISEASE MECHANISMS BETWEEN AMD AND GLAUCOMA: IDENTIFICATION OF THERAPEUTIC TARGETS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $117,010
Program Service Revenue $0
Investment Income $0
Other Revenue $-534
TOTAL REVENUE $116,476

Expense Breakdown

Grants Paid $182,020
Salaries & Benefits $271,523
Fundraising Expenses $16,552
Program Expenses $475,946
Other Expenses $147,338
TOTAL EXPENSES $600,881

Year-over-Year Comparison

2023 2022 Change
Revenue $116,476 $974,717 -0.9%
Expenses $600,881 $667,651 -0.1%
Net Income $-484,405 $307,066 -2.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
4
Independent Members
1
Employees
3
Volunteers
2

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$187,215
Total Directors
0
$0
Key Employees
2
$101,600
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Julie Zavala Secretary Director of Operations 40.00
Officer Highest
$94,215 $0 $94,215
Betty Trauernicht President CEO 40.00
Officer Key Emp
$62,000 $0 $62,000
Keith Colgan VP Director of IT 20.00
Officer
$31,000 $0 $31,000
Rylee Zavala Director Community Outreach 32.00
Key Emp
$39,600 $0 $39,600
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 No data No data No data No data
2023 $116,476 $600,881 $4,117,522 $-484,405
2022 $974,717 $667,651 $4,601,927 $307,066
2021 $594,248 $416,066 $4,967,274 $178,182
2020 $606,919 $500,792 $4,331,605 $106,127
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