Civic Intelligence

Retina Research and Development Foundation

990 • Fiscal year 2014 • EIN 43-6067402

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 12, 2015

1600 S Brentwood Suite 800Saint Louis, MO 63144

(314) 367-1181

Siviq Scores

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

Liabilities / Assets

33rd percentile

0.03x

Higher debt load relative to assets than 33% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

82nd percentile

0.79x

Higher debt load relative to revenue than 82% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

24th percentile

-7.2%

Higher net margin than 24% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

34th percentile

$0

Higher top officer pay than 34% of similar nonprofits.

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

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

24th percentile

-3.7%

Faster asset growth than 24% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

5th percentile

-48%

Faster revenue growth than 5% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Down

$2,362,000

Down $90,821 (-3.7%) from 2013

Net Assets

Down

$2,294,568

Down $20,944 (-0.9%) from 2013

Liabilities

Down

$67,432

Down $69,877 (-51%) from 2013

Revenue

Down

$85,025

Down $77,218 (-48%) from 2013

Expenses

Down

$91,134

Down $35,595 (-28%) from 2013

Net Income

Down

-$6,109

Down $41,623 (-117%) from 2013

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2010: $2,283,325Liabilities 2010: $76Net Assets 2010: $2,283,2492010Assets 2011: $2,269,223Liabilities 2011: $6,951Net Assets 2011: $2,262,2722011Assets 2012: $2,470,414Liabilities 2012: $193,384Net Assets 2012: $2,277,0302012Assets 2013: $2,452,821Liabilities 2013: $137,309Net Assets 2013: $2,315,5122013Assets 2014: $2,362,000Liabilities 2014: $67,432Net Assets 2014: $2,294,5682014Assets 2015: $2,229,227Liabilities 2015: $0Net Assets 2015: $2,229,2272015Assets 2016: $2,459,024Liabilities 2016: $0Net Assets 2016: $2,459,0242016Assets 2017: $2,847,660Liabilities 2017: $718Net Assets 2017: $2,846,9422017Assets 2018: $2,933,729Liabilities 2018: $104,570Net Assets 2018: $2,829,1592018Assets 2019: $2,986,571Liabilities 2019: $78,428Net Assets 2019: $2,908,1432019Assets 2020: $3,057,579Liabilities 2020: $52,286Net Assets 2020: $3,005,2932020Assets 2021: $3,068,482Liabilities 2021: $27,108Net Assets 2021: $3,041,3742021Assets 2022: $3,030,037Liabilities 2022: $1,941Net Assets 2022: $3,028,0962022Assets 2023: $3,496,233Liabilities 2023: $0Net Assets 2023: $3,496,2332023Assets 2024: $4,446,270Liabilities 2024: $0Net Assets 2024: $4,446,2702024

Highlighted filing

2014

Assets$2,362,000
Liabilities$67,432
Net Assets$2,294,568

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2010: $865,360Expenses 2010: $719,737Net Income 2010: $145,6232010Revenue 2011: $312,469Expenses 2011: $333,446Net Income 2011: -$20,9772011Revenue 2012: $228,980Expenses 2012: $217,576Net Income 2012: $11,4042012Revenue 2013: $162,243Expenses 2013: $126,729Net Income 2013: $35,5142013Revenue 2014: $85,025Expenses 2014: $91,134Net Income 2014: -$6,1092014Revenue 2015: $174,716Expenses 2015: $107,826Net Income 2015: $66,8902015Revenue 2016: $238,112Expenses 2016: $102,024Net Income 2016: $136,0882016Revenue 2017: $364,868Expenses 2017: $95,382Net Income 2017: $269,4862017Revenue 2018: $265,051Expenses 2018: $119,286Net Income 2018: $145,7652018Revenue 2019: $196,422Expenses 2019: $137,237Net Income 2019: $59,1852019Revenue 2020: $139,026Expenses 2020: $56,465Net Income 2020: $82,5612020Revenue 2021: $101,493Expenses 2021: $97,569Net Income 2021: $3,9242021Revenue 2022: $116,711Expenses 2022: $95,767Net Income 2022: $20,9442022Revenue 2023: $516,119Expenses 2023: $70,545Net Income 2023: $445,5742023Revenue 2024: $1,068,145Expenses 2024: $126,870Net Income 2024: $941,2752024

Highlighted filing

2014

Revenue$85,025
Expenses$91,134
Net Income-$6,109
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 12, 2015
Return Version
2014v5.0
Gross Receipts
$2,521,131
Mission and Program Overview

Mission

To research and teach about diseases and surgeries of the eye.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$18,478$2,163,404▲ $2,144,926
Savings and Temporary Cash Investments$2,293,257$126,804▼ $2,166,453
Receivable From Disqualified Prsn$136,535$69,967▼ $66,568
Land, Buildings, and Equipment, Net$2,170$1,627▼ $543
Cash and Non-Interest-Bearing Accounts-$-2-
Total Assets$2,452,821$2,362,000▼ $90,821
Other Assets Total$2,381$200▼ $2,181
Liabilities
Deferred Revenue$131,586$67,352▼ $64,234
Other Liabilities$5,723$80▼ $5,643
Total Liabilities$137,309$67,432▼ $69,877
Net Assets / Fund Balance
Unrestricted Net Assets$2,315,512$2,294,568▼ $20,944
Total Net Assets Fund Balance$2,315,512$2,294,568▼ $20,944
Total Liabilities and Net Assets / Fund Balance$2,452,821$2,362,000▼ $90,821

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,627$9,162$10,789
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$32,463
Program Service Revenue
$575
Investment Income
$53,717
Other Revenue
$-1,730
All Other Contributions
$28,284
Change in Net Assets
$-6,109
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$91,134
Total Fundraising Expense$575
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$43,043-$575$43,618
Conferences and Meetings$37,380--$37,380
Office Expenses$1,571--$1,571
Fees for Services Legal-$801-$801
Other Expenses$1,000$596-$596
Depreciation Depletion$542--$542
Interest$11--$11
Total Functional Expenses$83,547$7,012$575$91,134
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$1,730
Fundraising Gross Income$0
Professional Fundraising Fees$0
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
-Officers/ownersReimburse Expenses/staff TimeNo$41,468

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons$136,535$69,967▼ $66,568
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Reimbursements Due to Affiliates$80
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
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

Dean buress, daniel joseph & matthew a. Thomas - business relationship

Form 990, Part VI, Section A, Line 8B

Not applicable, no such committees

Form 990, Part VI, Section B, Line 11

The organization provides a copy of the 990 to the main trustee before filing the form. The remainder trustees are informed that the 990 has been prepared and may view it if they request to do so.

Form 990, Part VI, Section C, Line 19

The foundation makes documents available to the extent it is required by law or is consistent with reasonable business practices.

Filing and Contact Details

Filer

Filer Name
Retina Research and Development Foundation
EIN
43-6067402
Phone
3143671181
Address
1600 S BRENTWOOD SUITE 800, SAINT LOUIS, MO 63144

Signing Officer

Name
Dr Daniel Joseph
Title
Trustee
Phone
3143671181
Signed
2015-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Daniel Joseph Phd Md
Formed
1966
Legal Domicile
Mo
Voting Board Members
3
Independent Board Members
0
Employees
0
Volunteers
3

Preparer

Firm
Rubinbrown Llp
Address
ONE NORTH BRENTWOOD, SAINT LOUIS, MO 63105
Preparer
Jeffrey Person
Phone
3142903300
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Fellows expense: program service expenses 2,956. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,956. Reimbursed staff costs: program service expenses 40,087. Management and general expenses 0. Fundraising expenses 575. Total expenses 40,662.

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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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IRS990ScheduleA/Total509Grp/TotalAmt01365630
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt067437
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0102418
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0271990
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0277641
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0807463
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01526949
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
IRS990ScheduleD/EquipmentGrp/BookValueAmt01627
IRS990ScheduleD/EquipmentGrp/DepreciationAmt09162
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt010789
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt080
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0REIMBURSEMENTS DUE TO AFFILIATES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01627
IRS990ScheduleD/TotalLiabilityAmt080
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0RETINA CONSULTANTS LTD (DIRECTORS)
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0OFFICERS/OWNERS
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt041468
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0REIMBURSE EXPENSES/STAFF TIME
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt069967
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BusinessName/BusinessNameLine1Txt0RETINA CONSULTANTS LTD
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0PURCHASE MONEY NOTE DATED 12/2012
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0199870
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0MAJORITY OF TRUSTEES WERE OWNERS OF RCL
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd01
IRS990ScheduleL/TotalBalanceDueAmt069967
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DEAN BURESS, DANIEL JOSEPH & MATTHEW A. THOMAS - BUSINESS RELATIONSHIP
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NOT APPLICABLE, NO SUCH COMMITTEES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION PROVIDES A COPY OF THE 990 TO THE MAIN TRUSTEE BEFORE FILING THE FORM. THE REMAINDER TRUSTEES ARE INFORMED THAT THE 990 HAS BEEN PREPARED AND MAY VIEW IT IF THEY REQUEST TO DO SO.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FOUNDATION MAKES DOCUMENTS AVAILABLE TO THE EXTENT IT IS REQUIRED BY LAW OR IS CONSISTENT WITH REASONABLE BUSINESS PRACTICES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FELLOWS EXPENSE: PROGRAM SERVICE EXPENSES 2,956. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,956. REIMBURSED STAFF COSTS: PROGRAM SERVICE EXPENSES 40,087. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 575. TOTAL EXPENSES 40,662.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02452821
IRS990/TotalAssetsEOYAmt02362000
IRS990/TotalAssetsGrp/BOYAmt02452821
IRS990/TotalAssetsGrp/EOYAmt02362000
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt032463
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0575
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt07012
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt083547
IRS990/TotalFunctionalExpensesGrp/TotalAmt091134
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0137309
IRS990/TotalLiabilitiesEOYAmt067432
IRS990/TotalLiabilitiesGrp/BOYAmt0137309
IRS990/TotalLiabilitiesGrp/EOYAmt067432
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02315512
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02294568
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt083547
IRS990/TotalProgramServiceRevenueAmt0575
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt051987
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0575
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt085025
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt03
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02452821
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02362000
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt02315512
IRS990/UnrestrictedNetAssetsGrp/EOYAmt02294568
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01600 S BRENTWOOD
IRS990/USAddress/CityNm0ST LOUIS
IRS990/USAddress/StateAbbreviationCd0MO
IRS990/USAddress/ZIPCd063144
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0WWW.RC-STL.COM/RRDF
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02016-04-25 22:37:26Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DR DANIEL JOSEPH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TRUSTEE
ReturnHeader/BusinessOfficerGrp/PhoneNum03143671181
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-11-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RETINA RESEARCH AND DEVELOPMENT FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0RETI
ReturnHeader/Filer/EIN0436067402
ReturnHeader/Filer/PhoneNum03143671181
ReturnHeader/Filer/USAddress/AddressLine1Txt01600 S BRENTWOOD SUITE 800
ReturnHeader/Filer/USAddress/CityNm0SAINT LOUIS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MO
ReturnHeader/Filer/USAddress/ZIPCd063144
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0430765316
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RUBINBROWN LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0ONE NORTH BRENTWOOD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SAINT LOUIS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd063105
ReturnHeader/PreparerPersonGrp/PhoneNum03142903300
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JEFFREY PERSON
ReturnHeader/ReturnTs02015-11-13T13:26:38-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.45$0.00$4.45$1.07$0.13$0.94
2023Detailed filing. Detailed filing data is available for this year.$3.50$0.00$3.50$0.52$0.07$0.45
2022Detailed filing. Detailed filing data is available for this year.$3.03$0.00$3.03$0.12$0.10$0.02
2021Detailed filing. Detailed filing data is available for this year.$3.07$0.03$3.04$0.10$0.10$0.00
2020Detailed filing. Detailed filing data is available for this year.$3.06$0.05$3.01$0.14$0.06$0.08
2019Detailed filing. Detailed filing data is available for this year.$2.99$0.08$2.91$0.20$0.14$0.06
2018Detailed filing. Detailed filing data is available for this year.$2.93$0.10$2.83$0.27$0.12$0.15
2017Detailed filing. Detailed filing data is available for this year.$2.85$0.00$2.85$0.36$0.10$0.27
2016Detailed filing. Detailed filing data is available for this year.$2.46$0.00$2.46$0.24$0.10$0.14
2015Detailed filing. Detailed filing data is available for this year.$2.23$0.00$2.23$0.17$0.11$0.07
2014Detailed filing. Detailed filing data is available for this year.$2.36$0.07$2.29$0.09$0.09$0.01
2013Summary only. Only limited summary data is available for this year.$2.45$0.14$2.32$0.16$0.13$0.04
2012Summary only. Only limited summary data is available for this year.$2.47$0.19$2.28$0.23$0.22$0.01
2011Summary only. Only limited summary data is available for this year.$2.27$0.01$2.26$0.31$0.33$0.02
2010Summary only. Only limited summary data is available for this year.$2.28$0.00$2.28$0.87$0.72$0.15