Civic Intelligence

Pediatric Retinal Research Foundation

990 • Fiscal year 2016 • EIN 20-4229924

Jan 01, 2016 to Dec 31, 2016 • Filed on Aug 14, 2017

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

26th percentile

0.00x

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

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

26th percentile

0.00x

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

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

81st percentile

23%

Higher net margin than 81% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

60th percentile

5.1%

Faster asset growth than 60% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

11th percentile

-31%

Faster revenue growth than 11% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Flat

$882,276

Flat from 2016

Net Assets

Flat

$882,276

Flat from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Flat

$201,887

Flat from 2016

Expenses

Flat

$155,751

Flat from 2016

Net Income

Flat

$46,136

Flat from 2016

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 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 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

2016

Assets$882,276
Liabilities$0
Net Assets$882,276

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 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 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

2016

Revenue$201,887
Expenses$155,751
Net Income$46,136
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Aug 14, 2017
Return Version
2016v3.0
Gross Receipts
$218,223
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.

VRRF's mission is to support research, programs and services designed to prevent, treat and/or provide adaptive resources to patients of all ages affected by vision threatening retinal disease. We carry out this mission through clinically relevant research, educational programs for patients, family members and the general public, physician educational programs, and community support programs including the Children's Low Vision Resource Center.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$636,563$675,938▲ $39,375
Cash and Non-Interest-Bearing Accounts$189,763$192,884▲ $3,121
Prepaid Expenses and Deferred Charges$4,000$4,000→ $0
Land, Buildings, and Equipment, Net$3,923$2,554▼ $1,369
Pledges and Grants Receivable-$2,025-
Total Assets$839,124$882,276▲ $43,152
Other Assets Total$4,875$4,875→ $0
Liabilities
Accounts Payable and Accrued Expenses$2,984$0▼ $2,984
Total Liabilities$2,984$0▼ $2,984
Net Assets / Fund Balance
Temporarily Rstr Net Assets$794,040$848,262▲ $54,222
Unrestricted Net Assets$42,100$34,014▼ $8,086
Permanently Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$836,140$882,276▲ $46,136
Total Liabilities and Net Assets / Fund Balance$839,124$882,276▲ $43,152

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,554$19,161$21,715
Buildings$0$0$0
Other Land Buildings$0$0$0
Land$0-$0
Leasehold Improvements$0$0$0
Compensation and Service Providers
Revenue and Support

Revenue Composition

Contributions and Grants
$94,498
Program Service Revenue
$0
Investment Income
$39,375
Other Revenue
$68,014
All Other Contributions
$94,498
Change in Net Assets
$46,136
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$135,751
Grants and Similar Amounts Paid$20,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$62,725--$62,725
Fees for Services Other$22,497$10,711-$33,208
Grants to Domestic Orgs$20,000--$20,000
Information Technology$6,000$4,108-$10,108
Fees for Services Accounting-$8,350-$8,350
Office Expenses$864$3,026-$3,890
Insurance$1,000$1,500-$2,500
Conferences and Meetings-$1,854-$1,854
Other Expenses$930$700$0$1,630
Depreciation Depletion$1,369--$1,369
Total Functional Expenses$125,302$30,449$0$155,751
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Beaumont FoundationTroy, MI-Support for research in the biobank.$20,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$82,585
Fundraising Direct Expenses$16,336
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf outing$82,585$82,585$4,128$78,457
Total Events$82,585$82,585$16,336$66,249
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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

George Williams and Kimberly Williams are married. Many of the physicians on the board are partners together in Associated Retinal Consultants PC.

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

Form 990 is reviewed by management and distributed to all board members for their review prior to 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 website.

Filing and Contact Details

Filer

Filer Name
Vision Research Ropard 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
2017-08-14

Organization Details

Principal Officer
Antonio Capone Jr
Formed
2006
Legal Domicile
Mi
Voting Board Members
21
Independent Board Members
21
Employees
0
Volunteers
40
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Independent contractors

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt021
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt04108
IRS990/InformationTechnologyGrp/ProgramServicesAmt06000
IRS990/InformationTechnologyGrp/TotalAmt010108
IRS990/InsuranceGrp/ManagementAndGeneralAmt01500
IRS990/InsuranceGrp/ProgramServicesAmt01000
IRS990/InsuranceGrp/TotalAmt02500
IRS990/InvestmentExpenseAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt039375
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt039375
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt019161
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03923
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02554
IRS990/LandBldgEquipCostOrOtherBssAmt021715
IRS990/LegalDomicileStateCd0MI
IRS990/LoanOutstandingInd01
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/ExclusionAmt00
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt00
IRS990/MiscellaneousRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/MissionDesc0VRRF's mission is to support research, programs and services designed to prevent, treat and/or provide adaptive resources to patients of all ages affected by vision threatening retinal disease. We carry out this mission through clinically relevant research, educational programs for patients, family members and the general public, physician educational programs, and community support programs including the Children's Low Vision Resource Center.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0836140
IRS990/NetAssetsOrFundBalancesEOYAmt0882276
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt066249
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt066249
IRS990/NetIncmFromFundraisingEvtGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt062725
IRS990/OccupancyGrp/TotalAmt062725
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt03026
IRS990/OfficeExpensesGrp/ProgramServicesAmt0864
IRS990/OfficeExpensesGrp/TotalAmt03890
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt04875
IRS990/OtherAssetsTotalGrp/EOYAmt04875
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0Research expense
IRS990/OtherExpensesGrp/Desc1Postage and printing
IRS990/OtherExpensesGrp/Desc2Telephone
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1200
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2700
IRS990/OtherExpensesGrp/ProgramServicesAmt02751
IRS990/OtherExpensesGrp/ProgramServicesAmt17166
IRS990/OtherExpensesGrp/ProgramServicesAmt2930
IRS990/OtherExpensesGrp/TotalAmt02751
IRS990/OtherExpensesGrp/TotalAmt17366
IRS990/OtherExpensesGrp/TotalAmt21630
IRS990/OtherRevenueMiscGrp/BusinessCd0541700
IRS990/OtherRevenueMiscGrp/Desc0ROPARD RESOURCE MATERIALS
IRS990/OtherRevenueMiscGrp/ExclusionAmt00
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt01765
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01765
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt00
IRS990/OtherRevenueTotalAmt01765
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0636563
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0675938
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt00
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt02025
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04000
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt04000
IRS990/PrincipalOfficerNm0Antonio Capone Jr
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0Children's Low Vision Resource Center - This Center provides parents and educators of visually impaired children with practical information, support and suggestions for appropriate toys and educational aids.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt096951
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt09998
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0285111
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0166087
IRS990/PYInvestmentIncomeAmt06563
IRS990/PYOtherExpensesAmt0159404
IRS990/PYOtherRevenueAmt02050
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-31767
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0325491
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0293724
IRS990/ReconcilationRevenueExpnssAmt046136
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt077932
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0177083
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0264498
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt037374
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0551633
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt056048
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01086636
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt039375
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt06563
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt045938
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01765
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt02050
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0356494
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0531545
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0407903
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01299757
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt039375
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt06563
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt00

Document Assets

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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
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
2016Detailed filing. Detailed filing data is available for this year.$0.88$0.00$0.88$0.20$0.16$0.05
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