Civic Intelligence

Pediatric Retinal Research Foundation

990 • Fiscal year 2019 • EIN 20-4229924

Jan 01, 2019 to Dec 31, 2019 • Filed on Jul 01, 2020

39650 Orchard Hill Place Suite 200Novi, MI 48375

(248) 319-0161

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

15th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

15th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

90th percentile

47%

Higher net margin than 90% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

36th percentile

$0

Higher top officer pay than 36% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

53rd percentile

3.9%

Faster asset growth than 53% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

86th percentile

44%

Faster revenue growth than 86% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Flat

$1,019,540

Flat from 2019

Net Assets

Flat

$1,019,540

Flat from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Flat

$153,848

Flat from 2019

Expenses

Flat

$81,810

Flat from 2019

Net Income

Flat

$72,038

Flat from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0Assets 2010: $146,629Liabilities 2010: $0Net Assets 2010: $146,6292010Assets 2011: $193,803Liabilities 2011: $0Net Assets 2011: $193,8032011Assets 2012: $84,370Liabilities 2012: $0Net Assets 2012: $84,3702012Assets 2013: $1,151,866Liabilities 2013: $319,026Net Assets 2013: $832,8402013Assets 2014: $880,259Liabilities 2014: $12,352Net Assets 2014: $867,9072014Assets 2015: $839,124Liabilities 2015: $2,984Net Assets 2015: $836,1402015Assets 2016: $882,276Liabilities 2016: $0Net Assets 2016: $882,2762016Assets 2017: $875,622Liabilities 2017: $2,169Net Assets 2017: $873,4532017Assets 2018: $981,285Liabilities 2018: $33,783Net Assets 2018: $947,5022018Assets 2019: $1,019,540Liabilities 2019: $0Net Assets 2019: $1,019,5402019Assets 2019: $1,019,540Liabilities 2019: $0Net Assets 2019: $1,019,5402019Assets 2020: $1,161,442Liabilities 2020: $0Net Assets 2020: $1,161,4422020Assets 2021: $1,234,752Liabilities 2021: $11,894Net Assets 2021: $1,222,8582021Assets 2022: $1,305,808Liabilities 2022: $8,908Net Assets 2022: $1,296,9002022Assets 2023: $1,328,734Liabilities 2023: $262Net Assets 2023: $1,328,4722023Assets 2024: $1,222,533Liabilities 2024: $1,419Net Assets 2024: $1,221,1142024

Highlighted filing

2019

Assets$1,019,540
Liabilities$0
Net Assets$1,019,540

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KExpenses 2010: $574,9632010Expenses 2011: $738,6402011Expenses 2012: $573,3842012Revenue 2013: $1,138,053Expenses 2013: $1,412,098Net Income 2013: -$274,0452013Revenue 2014: $453,717Expenses 2014: $418,650Net Income 2014: $35,0672014Revenue 2015: $293,724Expenses 2015: $325,491Net Income 2015: -$31,7672015Revenue 2016: $201,887Expenses 2016: $155,751Net Income 2016: $46,1362016Revenue 2017: $109,871Expenses 2017: $118,694Net Income 2017: -$8,8232017Revenue 2018: $106,681Expenses 2018: $32,632Net Income 2018: $74,0492018Revenue 2019: $153,848Expenses 2019: $81,810Net Income 2019: $72,0382019Revenue 2019: $153,848Expenses 2019: $81,810Net Income 2019: $72,0382019Revenue 2020: $208,929Expenses 2020: $67,027Net Income 2020: $141,9022020Revenue 2021: $182,463Expenses 2021: $121,047Net Income 2021: $61,4162021Revenue 2022: $137,547Expenses 2022: $63,505Net Income 2022: $74,0422022Revenue 2023: $119,077Expenses 2023: $87,505Net Income 2023: $31,5722023Revenue 2024: $153,946Expenses 2024: $261,304Net Income 2024: -$107,3582024

Highlighted filing

2019

Revenue$153,848
Expenses$81,810
Net Income$72,038
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jul 1, 2020
Return Version
2019v5.0
Gross Receipts
$161,202
Mission and Program Overview

Mission

The mission of the Pediatric Retinal Research Foundation (PRRF) is to support the community of families impacted by blinding pediatric retinal diseases and champion the quest for cure.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$755,088$794,063▲ $38,975
Cash and Non-Interest-Bearing Accounts$226,197$225,477▼ $720
Total Assets$981,285$1,019,540▲ $38,255
Liabilities
Grants Payable$31,150$0▼ $31,150
Accounts Payable and Accrued Expenses$2,633$0▼ $2,633
Total Liabilities$33,783$0▼ $33,783
Net Assets / Fund Balance
Net Assets With Donor Restrictions$846,033$872,995▲ $26,962
Net Assets Without Donor Restrictions$101,469$146,545▲ $45,076
Total Net Assets Fund Balance$947,502$1,019,540▲ $72,038
Total Liabilities and Net Assets / Fund Balance$981,285$1,019,540▲ $38,255
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$100,210
Program Service Revenue
$0
Investment Income
$39,375
Other Revenue
$14,263
All Other Contributions
$100,210
Change in Net Assets
$72,038
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$75,911
Other Expenses$5,899
Total Fundraising Expense$1,550
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$75,911--$75,911
Fees for Services Other$917-$1,550$2,467
Advertising-$1,442-$1,442
Office Expenses-$1,377-$1,377
Information Technology$321--$321
Conferences and Meetings-$292-$292
Total Functional Expenses$77,149$3,111$1,550$81,810
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Oakland UniversityRochester, MI-Various Research Programs.$75,911
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$21,617
Fundraising Direct Expenses$7,354
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Hope for Vision Walk$21,617$21,617$6,359$15,258
Total Events$21,617$21,617$7,354$14,263
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Affiliated organizationFund retina research programNo$630,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Three of the board members are physicians and practice together at Associated Retinal Consultants PC.

Form 990, Part VI, Section B, Line 11B

The Form 990 is distributed to all board members for their review prior to the filing.

Form 990, Part VI, Section B, Line 12C

The conflict of interest policy is reviewed annually and board members are required to complete and sign an annual statement.

Form 990, Part VI, Section C, Line 19

All applicable documents are available for inspection at the organization's office and copies will be made available in response to any in-person request or within 30 days for a written request. Certain documents are available on the organization's website as well.

Filing and Contact Details

Filer

Filer Name
Pediatric Retinal Research Foundation
EIN
20-4229924
Phone
2483190161
Address
39650 Orchard Hill Place Suite 200, Novi, MI 48375

Signing Officer

Name
Antonio Capone Jr
Title
President
Phone
2483190161
Signed
2020-07-01

Organization Details

Principal Officer
Antonio Capone Jr
Formed
2006
Legal Domicile
Mi
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
80
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt039375
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt039375
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt06563
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0164063
IRS990ScheduleA/InvestmentIncomeCYPct00.18878
IRS990ScheduleA/InvestmentIncomePYPct00.11317
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.81122
IRS990ScheduleA/PublicSupportPY509Pct00.88683
IRS990ScheduleA/PublicSupportTotal509Amt0705024
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0121827
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt067305
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt070496
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0178848
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0266548
IRS990ScheduleA/Total509Grp/TotalAmt0705024
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0161202
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0106680
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0109871
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0218223
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0273111
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0869087
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesEvent1Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesTotalEventsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt07354
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt0466
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentOtherEventsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt0466
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0HOPE FOR VISION WALK
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageOtherEventsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt021617
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt021617
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt021617
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt021617
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt014263
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt06359
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt06359
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt0529
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt0529
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt075911
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0VARIOUS RESEARCH PROGRAMS.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0OAKLAND UNIVERSITY
IRS990ScheduleI/RecipientTable/RecipientEIN0386078765
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt02200 N SQUIRREL ROAD
IRS990ScheduleI/RecipientTable/USAddress/CityNm0ROCHESTER
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MI
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd048309
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE BOARD AND ITS COMMITTEES MEET REGULARLY TO DISCUSS THE WORK CURRENTLY BEING DONE IN THE ORGANIZATION AND IN OTHER ENTITIES TO CARRY OUT THE MISSION THROUGH CLINICALLY RELEVANT RESEARCH. GRANT REQUESTS ARE REVIEWED AND FUNDING RECOMMENDATIONS ARE PRESENTED TO THE BOARD BY THE COMMITTEE. AFTER A GRANT HAS BEEN MADE, REPORTS ARE DUE PERIODICALLY BACK TO THE BOARD ON THE STATUS OF THE RESEARCH WORK THAT IS BEING DONE.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule I, Part I, Line 2
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0Retinal Solutions LLC
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0Affiliated organization
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt0630000
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0Fund retina research program
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Three of the board members are physicians and practice together at Associated Retinal Consultants PC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Form 990 is distributed to all board members for their review prior to the filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The conflict of interest policy is reviewed annually and board members are required to complete and sign an annual statement.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL APPLICABLE DOCUMENTS ARE AVAILABLE FOR INSPECTION AT THE ORGANIZATION'S OFFICE AND COPIES WILL BE MADE AVAILABLE IN RESPONSE TO ANY IN-PERSON REQUEST OR WITHIN 30 DAYS FOR A WRITTEN REQUEST. CERTAIN DOCUMENTS ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE AS WELL.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MI
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0981285
IRS990/TotalAssetsEOYAmt01019540
IRS990/TotalAssetsGrp/BOYAmt0981285
IRS990/TotalAssetsGrp/EOYAmt01019540
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0100210
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt01550
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt03111
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt077149
IRS990/TotalFunctionalExpensesGrp/TotalAmt081810
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt033783
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt033783
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0947502
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01019540
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt00
IRS990/TotalOtherProgSrvcGrantAmt00
IRS990/TotalOtherProgSrvcRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt077149

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.22$0.00$1.22$0.15$0.26$0.11
2023Summary only. Only limited summary data is available for this year.$1.33$0.00$1.33$0.12$0.09$0.03
2022Summary only. Only limited summary data is available for this year.$1.31$0.01$1.30$0.14$0.06$0.07
2021Summary only. Only limited summary data is available for this year.$1.23$0.01$1.22$0.18$0.12$0.06
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.16$0.00$1.16$0.21$0.07$0.14
2019Detailed filing. Detailed filing data is available for this year.$1.02$0.00$1.02$0.15$0.08$0.07
2019Summary only. Only limited summary data is available for this year.$1.02$0.00$1.02$0.15$0.08$0.07
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.98$0.03$0.95$0.11$0.03$0.07
2017Summary only. Only limited summary data is available for this year.$0.88$0.00$0.87$0.11$0.12$0.01
2016Summary only. Only limited summary data is available for this year.$0.88$0.00$0.88$0.20$0.16$0.05
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.84$0.00$0.84$0.29$0.33$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.88$0.01$0.87$0.45$0.42$0.04
2013Detailed filing. Detailed filing data is available for this year.$1.15$0.32$0.83$1.14$1.41$0.27
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.08$0.00$0.08$0.57
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.19$0.00$0.19$0.74
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.15$0.00$0.15$0.57