THE MARY TYLER MOORE VISION INITIATIVE INC

EIN: 884338184 501(c)(3) Philanthropy & Grantmaking

QUOGUE, NY

Total Revenue
$1,173,709
Total Expenses
$888,961
Total Assets
$469,810
Net Assets
$463,810
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
CT
Principal Officer
S ROBERT LEVINE MD
Phone
6319962528
Tax Period
2024-01-01 to 2024-12-31

THE MARY TYLER MOORE VISION INITIATIVE INC, founded in 2022, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.2M in total revenue in fiscal year 2024. The organization ran a surplus of $285K, a strong 24% operating margin.

Mission

TO ACCELERATE THE DEVELOPMENT OF NEW METHODS TO PRESERVE AND RESTORE VISION IN PEOPLE WITH DIABETES

Program Service Accomplishments

Program 1
Expenses: $882,961

CONVENED AND LED NUMEROUS CONFERENCES AND WORKSHOPS WITH PARTICIPATION OF HUNDREDS OF GLOBAL EXPERTS TO DISCUSS RESEARCH PROGRESS AND NEEDS, AND CONTINUED OUR KEY OPINION LEADER WORKING GROUP PROCESS...

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CONVENED AND LED NUMEROUS CONFERENCES AND WORKSHOPS WITH PARTICIPATION OF HUNDREDS OF GLOBAL EXPERTS TO DISCUSS RESEARCH PROGRESS AND NEEDS, AND CONTINUED OUR KEY OPINION LEADER WORKING GROUP PROCESS TO IDENTIFY AND VALIDATE THE METRICS TO BETTER DEFINE DIABETIC RETINAL DISEASE. PUBLISHED NUMEROUS PAPERS IN PEER-REVIEWED JOURNALS ON OUR WORK. STRENGTHENED KEY COLLABORATIONS WITH MAJOR UNIVERSITIES AND NON-PROFITS. PROVIDED DIRECTED GRANTS TO CONTINUE THE BUILDING OF OUR OCULAR BIOREPOSITORY AND RESOURCE CENTER, DEVELOP A NEW PATIENT-REPORTED OUTCOME MEASURE (PRO), AND ESTABLISH A PRE-COMPETITIVE, PUBLIC-PRIVATE, CONSORTIUM AT THE UNIVERSITY OF MICHIGAN TO ENABLE INDUSTRY PARTICIPATION IN OUR EFFORTS TO ACCELERATE DEVELOPMENT ON NEW THERAPEUTICS TO CURE AND PREVENT VISION LOSS FROM DIABETIC RETINAL DISEASE. FURTHERED COLLABORATIONS AT JOSLIN DIABETES CENTER/HARVARD MEDICAL SCHOOL AND THE DRCR RETINA NETWORK TO PLAN CLINICAL TRIALS TO ASSESS POTENTIAL OF ADVANCED MEASURES OF VISUAL FUNCTION IN CLINICAL CARE AND RESEARCH.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,149,890
Program Service Revenue $0
Investment Income $23,819
Other Revenue $0
TOTAL REVENUE $1,173,709

Expense Breakdown

Grants Paid $634,826
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $882,961
Other Expenses $254,135
TOTAL EXPENSES $888,961

Year-over-Year Comparison

2024 2023 Change
Revenue $1,173,709 $1,115,217 +0.1%
Expenses $888,961 $936,155 -0.1%
Net Income $284,748 $179,062 +0.6%
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
3
Independent Members
3
Employees
N/A
Volunteers
N/A

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
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
S ROBERT LEVINE MD PRESIDENT/ CEO/ CHAIRMAN 40.00
Officer Director
$0 $0 $0
HAROLD MORGAN TREASURER 1.00
Officer Director
$0 $0 $0
MICHAEL H LEVINE SECRETARY 1.00
Officer Director
$0 $0 $0
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
2024 $1,173,709 $888,961 $469,810 $284,748
2023 $1,115,217 $936,155 $179,062 $179,062
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