Schepens Eye Research Institute Inc

Schepens Eye Research Institute Inc

Boston, MA, US
501(c)(3)
EIN
04-2129889
Subordinate Organization

Schepens Eye Research Institute Inc

Boston, MA, US
501(c)(3)
EIN
04-2129889
Subordinate Organization

Income Statement

Fiscal Year Start:
Oct 1
Revenues in 2018

$28,772,720

Government Grants
63%
Other
20%
Contributions
9%
Program Services
7%
Investments
1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2018

$28,869,943

Salaries & Benefits
61%
Offices, Occupancy & IT
28%
Other
4%
Depreciation
4%
Fees to Service Providers
2%
Interest
1%
Grants
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2017
2018
Change
Contributions
$1,330,948
$2,622,343
+97%
Government Grants
$17,328,643
$18,015,403
+4%
Fundraising Events
$0
$0
-
Program Services
$1,888,652
$2,000,156
+6%
Membership Dues
$0
$0
-
Investments
$303,577
$369,593
+22%
Other
$3,012,260
$5,765,225
+91%
Total Revenues
$23,864,080
$28,772,720
+21%
Expenses
2017
2018
Change
Grants
$191,611
$228,372
+19%
Benefits to Members
$0
$0
-
Salaries & Benefits
$14,136,752
$17,473,056
+24%
Fees to Service Providers
$774,358
$635,725
-18%
Advertising & Promotion
$39,584
$24,904
-37%
Offices, Occupancy & IT
$7,192,544
$8,012,912
+11%
Interest
$574,535
$346,646
-40%
Depreciation
$1,049,870
$1,045,381
0%
Other
$1,856,628
$1,102,947
-41%
Total Expenses
$25,815,882
$28,869,943
+12%
Net income
2017
2018
Change
Net income
-$1,951,802
-$97,223
+95%
Functional Expenses
Summary
2017
2018
Change
Program
$20,035,320
$20,427,652
+2%
Admin
$5,780,562
$8,442,291
+46%
Fundraising
$0
$0
-
Total Expenses
$25,815,882
$28,869,943
+12%
Income Statement
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