Retina Research & Development Foundation
- Assets
- $3.1m
- Revenue
- $101.5k
- Investments
- $2.3m
- Employees
- 0
- Location
- Saint Louis, MO
- Founding
- 12/1967
- Data as of
- 12/2021
- EIN
- 43-6067402
Organization Overview
Retina Research & Development Foundation is located in Saint Louis, MO. The organization was established in 1967. According to its NTEE Classification (H41) the organization is classified as: Eye Diseases, Blindness & Vision Impairments Research, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Retina Research & Development Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Retina Research & Development Foundation generated $101.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.5%) each year. All expenses for the organization totaled $97.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO RESEARCH AND TEACH ABOUT DISEASES AND SURGERIES OF THE EYE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SYMPOSIUMS COVERING TOPICS CONCERNING DISEASES OF THE EYE AND SURGICAL TECHNIQUES. ATTENDANCE OF APPROXIMATELY 265 VIRTUAL ATTENDEES AND 148 IN-PERSON ATTENDEES. THE FOUNDATION FUNDS STUDIES RELATED TO DEVELOPING THE MOST EFFECTIVE MEANS OF TREATING VARIOUS DISEASES OF THE RETINA AND VITREOUS. 12 PAPERS WERE PUBLISHED IN 2021 AS WELL AS 10 "CASE OF THE MONTH" ARTICLES. PRESENTATIONS WERE ALSO MADE AT VARIOUS CONFERENCES AND ON WEB-BASED MEETINGS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matthew A Thomas MD Trustee | OfficerTrustee | 0.1 | $0 |
Daniel Joseph PHD MD Trustee | OfficerTrustee | 0.1 | $0 |
Dean Burgess MD Trustee | OfficerTrustee | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $34,933 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $34,933 |
| Total Program Service Revenue | $0 |
| Investment income | $66,560 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $101,493 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $150 |
| Fees for services: Other | $44,764 |
| Advertising and promotion | $0 |
| Office expenses | $1,763 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $26,491 |
| Interest | $53 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $20,848 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $97,569 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $669,275 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $31,272 |
| Investments—publicly traded securities | $107,735 |
| Investments—other securities | $2,260,000 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $200 |
| Total assets | $3,068,482 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $26,144 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $964 |
| Total liabilities | $27,108 |
| Net assets without donor restrictions | $3,041,374 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,068,482 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Retina Research & Development Foundation has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
The Foundation For Barnes-Jewish Hospital St Louis, MO PURPOSE: TO RESEARCH AND TEACH ABOUT DISEASES AND SURGERIES OF THE EYE | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Alagille Syndrome Alliance Cher Bork Collierville, TN | $468,720 | $585,146 |
Christian Ophthalmology Society Inc Paducah, KY | $317,229 | $394,987 |
Optometric Glaucoma Society Lawrence, KS | $295,760 | $141,814 |
Retina Research & Development Foundation Saint Louis, MO | $3,068,482 | $101,493 |
Lions Eye Foundation Of District 26-M2 Washington, MO | $1,227,117 | $98,358 |
The Better Vision Foundation Chicago, IL | $16,461 | $0 |
International Academy Of Orthokeratology & Myopia Control Yorkville, IL | $88,534 | $0 |
Missouri Optometric Foundation Inc Bolivar, MO | $1,098,125 | $34,089 |
Chicago Center For Vision Research Ltd Chicago, IL | $126,051 | $0 |
Retina Center Research Fund Chesterfield, MO | $33,963 | $0 |