Nonprofit · EIN 52-2322462
THE ARVO FOUNDATION FOR EYE RESEARCH INC
Tax-exempt · GAITHERSBURG, MD 20886
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $1,826,745 | $1,434,632 | $392,113 | $10,583,182 | $1,919,126 | $8,664,056 |
| December 31, 2024 | 990 | $1,607,205 | $1,244,107 | $363,098 | $8,983,290 | $1,533,038 | $7,450,252 |
| December 31, 2023 | 990 | $997,892 | $1,136,082 | -$138,190 | $7,780,487 | $883,166 | $6,897,321 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $1,365,161
- Program service revenue
- $0
- Investment income
- $498,235
- Net gain from sales of assets
- $112,245
- Net income from fundraising events
- -$36,651
- Other revenue
- -$36,651
Expenses
- Grants and similar amounts paid
- $796,243
- Other salaries and wages
- $202,677
- Salaries, compensation and benefits (total)
- $250,207
- Professional fundraising fees
- $0
- Accounting fees
- $553
- Occupancy
- $991
- Program services (functional)
- $1,099,779
- Management and general (functional)
- $262,226
- Fundraising (functional)
- $72,627
Balance sheet and other
- Total assets, start of year
- $8,983,290
- Total assets, end of year
- $10,583,182
- Total liabilities, end of year
- $1,919,126
- Net assets, end of year
- $8,664,056
- Publicly traded securities
- $9,424,840
- Net assets without donor restrictions
- $5,600,336
- Net assets with donor restrictions
- $3,063,720
- Gross receipts
- $4,008,932
- Employees
- 0
- Volunteers
- 50
- Year formed
- 2001
- State of legal domicile
- MD
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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| IRIS M RUSH CAE | EXECUTIVE DIRECTOR Officer | 3 | $0 | $387,245 | $39,502 |
| JASON SPESSARD CAE | CHIEF OPERATING & FINANCIAL OFFICER Officer | 5 | $0 | $277,401 | $25,327 |
| RAFAL FARJO PHD FARVO | CHAIR Trustee or director, Officer | 3 | $0 | $0 | $0 |
| ALAN MORSE JD PHD | GOVERNOR Trustee or director | 1 | $0 | $0 | $0 |
| EMILY CHEW MD FARVO | GOVERNOR Trustee or director | 1 | $0 | $0 | $0 |
| MARY ELIZABETH HARTNETT MD FARVO | GOVERNOR Trustee or director | 1 | $0 | $0 | $0 |
| RENU KOWLURU PHD FARVO | GOVERNOR Trustee or director | 1 | $0 | $0 | $0 |
| BARBARA WIROSTKO MD FARVO | CHAIR-ELECT Trustee or director, Officer | 3 | $0 | $0 | $0 |
| WILLIAM MIELER MD FARVO FACS | TREASURER Trustee or director, Officer | 3 | $0 | $0 | $0 |
| CHERYL ROWE-RENDLEMAN PHD FARVO | GOVERNOR Trustee or director | 1 | $0 | $0 | $0 |
| JACOB PE'ER MD FARVO | GOVERNOR Trustee or director | 1 | $0 | $0 | $0 |
| HAOTIAN LIN MD PHD | GOVERNOR Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended December 31, 2024: 12 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| IRIS M RUSH CAE | EXECUTIVE DIRECTOR Officer | 5 | $0 | $347,713 | $34,391 |
| JASON SPESSARD CAE | CHIEF OPERATING & FINANCIAL OFFICER Officer | 5 | $0 | $247,785 | $22,001 |
| JOEL S SCHUMAN MD FARVO | IMMEDIATE PAST CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| RAFAL FARJO PHD FARVO | CHAIR Trustee or director, Officer | 3 | $0 | $0 | $0 |
| ALAN MORSE JD PHD | GOVERNOR Trustee or director | 1 | $0 | $0 | $0 |
| EMILY CHEW MD FARVO | GOVERNOR Trustee or director | 1 | $0 | $0 | $0 |
| MARY ELIZABETH HARTNETT MD FARVO | GOVERNOR Trustee or director | 1 | $0 | $0 | $0 |
| RENU KOWLURU PHD FARVO | GOVERNOR Trustee or director | 1 | $0 | $0 | $0 |
| JANEY WIGGS MD PHD FARVO | GOVERNOR Trustee or director | 1 | $0 | $0 | $0 |
| THOMAS YORIO PHD FARVO | GOVERNOR Trustee or director | 1 | $0 | $0 | $0 |
| BARBARA WIROSTKO MD FARVO | GOVERNOR Trustee or director | 1 | $0 | $0 | $0 |
| WILLIAM MIELER MD FARVO FACS | GOVERNOR Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 16 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| IRIS M RUSH CAE | EXECUTIVE DIRECTOR Officer | 5 | $0 | $363,169 | $36,648 |
| JASON SPESSARD CAE | CHIEF OPERATING & FINANCIAL OFFICER Officer | 5 | $0 | $236,106 | $21,723 |
| JOEL S SCHUMAN MD FARVO | CHAIR Trustee or director, Officer | 2 | $0 | $0 | $0 |
| RAFAL FARJO PHD FARVO | TREASURER Trustee or director, Officer | 2 | $0 | $0 | $0 |
| ALAN MORSE JD PHD | GOVERNOR Trustee or director | 1 | $0 | $0 | $0 |
| JANET BLANKS PHD FARVO | GOVERNOR Trustee or director | 1 | $0 | $0 | $0 |
| WILLIAM BRUNKEN PHD FARVO | GOVERNOR Trustee or director | 1 | $0 | $0 | $0 |
| EMILY CHEW MD FARVO | GOVERNOR Trustee or director | 1 | $0 | $0 | $0 |
| MARY ELIZABETH HARTNETT MD FARVO | GOVERNOR Trustee or director | 1 | $0 | $0 | $0 |
| SHIGERU KINOSHITA MD | GOVERNOR Trustee or director | 1 | $0 | $0 | $0 |
| RENU KOWLURU PHD FARVO | GOVERNOR Trustee or director | 1 | $0 | $0 | $0 |
| ERIK VAN KUIJK MD PHD FARVO | GOVERNOR Trustee or director | 1 | $0 | $0 | $0 |
| JANEY WIGGS MD PHD FARVO | GOVERNOR Trustee or director | 1 | $0 | $0 | $0 |
| THOMAS YORIO PHD FARVO | GOVERNOR Trustee or director | 1 | $0 | $0 | $0 |
| BARBARA WIROSTKO MD FARVO | GOVERNOR Trustee or director | 1 | $0 | $0 | $0 |
| WILLIAM MIELER MD FARVO FACS | GOVERNOR Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 19226 MONTGOMERY VILLAGE AVE 311, GAITHERSBURG, MD 20886-3700
- Principal officer (990 for 2025)
- Jason Spessard, 19226 Montgomery Village Ave, PMB 311, Gaithersburg, MD 20886
- Signed the 990
- Jason P Spessard, Chief Operating & Financial Officer
- Phone
- (240) 221-2900
- Website
- WWW.ARVOFOUNDATION.ORG
Mission
Our mission is to serve as a global catalyst for innovation, workforce development and collaboration in the field of vision research.
Program accomplishments
- AWARDS AND GRANTS: THE ARVO FOUNDATION OFFERS A NUMBER OF AWARDS TO RECOGNIZE EXEMPLARY RESEARCH AND SEVERAL RESEARCH AWARDS AND FELLOWSHIPS THAT SUPPORT NOVEL RESEARCH PROJECTS, WITH AN EMPHASIS ON SUPPORTING SCIENTISTS WHO ARE EARLY IN THEIR CAREER OR FROM AN UNDERREPRESENTED GROUP.Expenses $942,915 · grants $796,243
- EVENTS AND INITIATIVES: THE ARVO FOUNDATION ORGANIZES FUNDRAISING EVENTS, AS WELL AS PROGRAMS AND INITIATIVES THAT HELP FURTHER THE CAREERS OF EYE AND VISION RESEARCHERS. OTHER INITIATIVES INCLUDE CAREER DEVELOPMENT PROGRAMS, ADVANCING WOMEN IN SCIENCE, ARVO'S INTERNATIONAL CHAPTER AFFILIATES, THE KEYNOTE SERIES AT THE ARVO ANNUAL MEETING AND SPECIALTY SCIENTIFIC MEETINGS.Expenses $156,864
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 52-2322462
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 2001
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Medical research (H11)
- Assets (IRS master file)
- $10,583,182
- Income (IRS master file)
- $4,008,932
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $1,826,745 | $1,434,632 | $10,583,182 | XML |
| 990 | December 2024 | $1,607,205 | $1,244,107 | $8,983,290 | XML |
| 990 | December 2023 | $997,892 | $1,136,082 | $7,780,487 | XML |
| 990 | December 2022 | $1,386,993 | $1,173,015 | $7,098,824 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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 52-2322462).
Questions about THE ARVO FOUNDATION FOR EYE RESEARCH INC
- What is the EIN of THE ARVO FOUNDATION FOR EYE RESEARCH INC?
- The employer identification number (EIN) of THE ARVO FOUNDATION FOR EYE RESEARCH INC is 52-2322462.
- Is THE ARVO FOUNDATION FOR EYE RESEARCH INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
- Are donations to THE ARVO FOUNDATION FOR EYE RESEARCH INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does THE ARVO FOUNDATION FOR EYE RESEARCH 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 THE ARVO FOUNDATION FOR EYE RESEARCH INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THE ARVO FOUNDATION FOR EYE RESEARCH INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of THE ARVO FOUNDATION FOR EYE RESEARCH INC?
- The 990 for the year ended December 31, 2025 names Jason Spessard.
- Who are the officers and directors of THE ARVO FOUNDATION FOR EYE RESEARCH INC?
- The 990 for the year ended December 31, 2025 lists 12 people; 0 received compensation from the organization.
- How much revenue does THE ARVO FOUNDATION FOR EYE RESEARCH INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $1,826,745, expenses of $1,434,632 and total assets of $10,583,182 at year end.
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