Skip to main content

Nonprofit · EIN 31-1243592

CORNEA RESEARCH FOUNDATION OF AMERICA INC

Tax-exempt · INDIANAPOLIS, IN 46260

Financials

$466K$552K2022$541K$603K2023$607K$632K2024
Revenue Expenses · by fiscal year end
Financials of CORNEA RESEARCH FOUNDATION OF AMERICA INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$607,196$631,883-$24,687$2,316,683$49,316$2,267,367
June 30, 2024990$541,104$603,071-$61,967$2,229,349$15,152$2,214,197
June 30, 2023990$466,113$552,400-$86,287$2,145,222$17,174$2,128,048
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$230,829
Program service revenue
$251,869
Investment income
$132,546
Net gain from sales of assets
$53,478
Net income from fundraising events
-$8,048
Other revenue
-$8,048

Expenses

Grants and similar amounts paid
$25,000
Compensation of officers, directors and key employees
$110,271
Other salaries and wages
$268,255
Salaries, compensation and benefits (total)
$417,678
Professional fundraising fees
$0
Legal fees
$75
Accounting fees
$9,924
Occupancy
$19,219
Travel
$9,623
Depreciation
$27,547
Program services (functional)
$543,895
Management and general (functional)
$58,197
Fundraising (functional)
$29,791

Balance sheet and other

Total assets, start of year
$2,229,349
Total assets, end of year
$2,316,683
Total liabilities, end of year
$49,316
Net assets, end of year
$2,267,367
Land, buildings and equipment
$51,345
Publicly traded securities
$2,187,032
Net assets without donor restrictions
$2,267,367
Gross receipts
$811,810
Employees
6
Volunteers
15
Year formed
1988
State of legal domicile
IN

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
MARIANNE PRICEEXECUTIVE DIRECTOR
Officer
45$107,100$4,284
JESSICA DINGLEDYDEVELOPMENT DIRECTOR
Highest-paid employee
45$103,949$4,158
DAVID PRICEDIRECTOR (FROM 06/25)
Trustee or director
1$1,520$0
FRANCIS W PRICE JR MDPRESIDENT
Trustee or director, Officer
4$0$0
PHIL GIBSONVICE PRESIDENT
Trustee or director, Officer
1$0$0
JEFF POTRZEBOWSKITREASURER
Trustee or director, Officer
1$0$0
RICHARD KING IISECRETARY
Trustee or director, Officer
1$0$0
SANDY GOODINGDIRECTOR
Trustee or director
1$0$0
JOHN TORRDIRECTOR
Trustee or director
1$0$0
ANJULIE GANG MDDIRECTOR (THRU 06/25)
Trustee or director
1$0$0
MATTHEW FENG MDDIRECTOR
Trustee or director
1$0$0
LARRY KAELINDIRECTOR
Trustee or director
1$0$0
KYLE WENGERDIRECTOR
Trustee or director
1$0$0
BILL DREWDIRECTOR
Trustee or director
1$0$0
DOLORES HOLLAND ODDIRECTOR
Trustee or director
1$0$0
990 for the year ended June 30, 2024: 13 people
NameTitleHours / weekCompensationOther / benefits
MARIANNE PRICEEXECUTIVE DIRECTOR
Officer
45$102,000$4,080
FRANCIS W PRICE JR MDPRESIDENT
Trustee or director, Officer
6$0$0
JEFF POTRZEBOWSKITREASURER
Trustee or director, Officer
1$0$0
PHIL GIBSONVICE PRESIDENT
Trustee or director, Officer
1$0$0
SANDY GOODINGDIRECTOR
Trustee or director
1$0$0
RICHARD KING IISECRETARY
Trustee or director, Officer
1$0$0
JOHN TORRDIRECTOR
Trustee or director
1$0$0
ANJULIE GANG MDDIRECTOR
Trustee or director
1$0$0
MATTHEW FENG MDDIRECTOR
Trustee or director
1$0$0
LARRY KAELINDIRECTOR
Trustee or director
1$0$0
KYLE WENGERDIRECTOR
Trustee or director
1$0$0
BILL DREWDIRECTOR
Trustee or director
1$0$0
DOLORES HOLLAND ODDIRECTOR
Trustee or director
1$0$0
990 for the year ended June 30, 2023: 12 people
NameTitleHours / weekCompensation
MARIANNE PRICEEXECUTIVE DIRECTOR
Officer
45$102,000
FRANCIS W PRICE JR MDPRESIDENT
Trustee or director, Officer
6$0
JEFF POTRZEBOWSKITREASURER
Trustee or director, Officer
1$0
PHIL GIBSONVICE PRESIDENT
Trustee or director, Officer
1$0
SANDY GOODINGDIRECTOR
Trustee or director
1$0
RICHARD KING IISECRETARY
Trustee or director, Officer
1$0
JOHN TORRDIRECTOR
Trustee or director
1$0
ANJULIE GANG MDDIRECTOR
Trustee or director
1$0
MATTHEW FENG MDDIRECTOR
Trustee or director
1$0
LARRY KAELINDIRECTOR
Trustee or director
1$0
JULIE KITCOFFDIRECTOR
Trustee or director
1$0
KYLE WENGERDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
9002 N MERIDIAN ST STE 212, INDIANAPOLIS, IN 46260-5350
Principal officer (990 for 2024)
FRANCIS W PRICE JR MD, 9002 N MERIDIAN STREET 212, INDIANAPOLIS, IN 46260
Signed the 990
FRANCIS W PRICE JR MD, BOARD PRESIDENT
Phone
(317) 814-2993
Return prepared by
CLIFTONLARSONALLEN LLP

Mission

CORNEA RESEARCH FOUNDATION OF AMERICA, INC. WAS FORMED TO PROMOTE AND FUND MEDICAL EDUCATION AND RESEARCH IN THE FIELD OF OPHTHALMOLOGY, IN PARTICULAR, IN THE AREA OF CORNEAL AND REFRACTIVE SURGERY.

990 for the year ended June 30, 2025

Program accomplishments

  • WE CONDUCTED RESEARCH STUDIES THAT RESULTED IN PUBLICATION OF 8 PEER-REVIEWED ARTICLES AND BOOK CHAPTERS ON NEW TREATMENTS FOR VISION PROBLEMS, AS WELL AS 12 PRESENTATIONS AT OPHTHALMOLOGY AND OPTOMETRY MEETINGS. WE PROVIDED PROGRAM GRANTS FOR 2 RESEARCH PROJECTS AND PROVIDED SUPPORT FOR A 3-MONTH RESEARCH FELLOWSHIP.
    Expenses $543,895 · grants $25,000 · revenue $251,869

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
31-1243592
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1993
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,316,683
Income (IRS master file)
$811,810

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$607,196$631,883$2,316,683XML
990June 2024$541,104$603,071$2,229,349XML
990June 2023$466,113$552,400$2,145,222XML
990June 2022$1,137,490$436,581$2,067,010IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 31-1243592).

Questions about CORNEA RESEARCH FOUNDATION OF AMERICA INC

What is the EIN of CORNEA RESEARCH FOUNDATION OF AMERICA INC?
The employer identification number (EIN) of CORNEA RESEARCH FOUNDATION OF AMERICA INC is 31-1243592.
Is CORNEA RESEARCH FOUNDATION OF AMERICA INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1993.
Are donations to CORNEA RESEARCH FOUNDATION OF AMERICA INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CORNEA RESEARCH FOUNDATION OF AMERICA INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of CORNEA RESEARCH FOUNDATION OF AMERICA INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CORNEA RESEARCH FOUNDATION OF AMERICA INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of CORNEA RESEARCH FOUNDATION OF AMERICA INC?
The 990 for the year ended June 30, 2025 names FRANCIS W PRICE JR MD.
Who are the officers and directors of CORNEA RESEARCH FOUNDATION OF AMERICA INC?
The 990 for the year ended June 30, 2025 lists 15 people; 3 received compensation from the organization, the highest $107,100 (MARIANNE PRICE, EXECUTIVE DIRECTOR).
How much revenue does CORNEA RESEARCH FOUNDATION OF AMERICA INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $607,196, expenses of $631,883 and total assets of $2,316,683 at year end.

Other nonprofits in INDIANAPOLIS

All nonprofits in INDIANAPOLIS · Indiana