Civic Intelligence

Retina Research and Development Foundation

990 • Fiscal year 2015 • EIN 43-6067402

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 09, 2016

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

13th percentile

0.00x

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

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

13th percentile

0.00x

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

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

88th percentile

38%

Higher net margin than 88% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

20th percentile

-5.6%

Faster asset growth than 20% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

94th percentile

105%

Faster revenue growth than 94% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Down

$2,229,227

Down $132,773 (-5.6%) from 2014

Net Assets

Down

$2,229,227

Down $65,341 (-2.8%) from 2014

Liabilities

Down

$0

Down $67,432 (-100%) from 2014

Revenue

Up

$174,716

Up $89,691 (+105%) from 2014

Expenses

Up

$107,826

Up $16,692 (+18%) from 2014

Net Income

Up

$66,890

Up $72,999 (+1195%) from 2014

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

2015

Assets$2,229,227
Liabilities$0
Net Assets$2,229,227

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

2015

Revenue$174,716
Expenses$107,826
Net Income$66,890
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 9, 2016
Return Version
2015v2.1
Gross Receipts
$1,551,063
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$2,163,404$2,057,710▼ $105,694
Savings and Temporary Cash Investments$126,804$168,454▲ $41,650
Receivable From Disqualified Prsn$69,967--
Land, Buildings, and Equipment, Net$1,627$1,085▼ $542
Cash and Non-Interest-Bearing Accounts$-2--
Total Assets$2,362,000$2,229,227▼ $132,773
Other Assets Total$200$1,978▲ $1,778
Liabilities
Deferred Revenue$67,352--
Other Liabilities$80$0▼ $80
Total Liabilities$67,432$0▼ $67,432
Net Assets / Fund Balance
Unrestricted Net Assets$2,294,568$2,229,227▼ $65,341
Total Net Assets Fund Balance$2,294,568$2,229,227▼ $65,341
Total Liabilities and Net Assets / Fund Balance$2,362,000$2,229,227▼ $132,773

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,085$9,704$10,789
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$35,063
Program Service Revenue
$555
Investment Income
$140,278
Other Revenue
$-1,180
All Other Contributions
$31,511
Change in Net Assets
$66,890
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$107,826
Total Fundraising Expense$555
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$47,154-$555$47,709
Conferences and Meetings$40,123$613-$40,736
Fees for Service Investment Mgmnt Fees-$10,085-$10,085
Fees for Services Accounting-$6,900-$6,900
Office Expenses$1,854--$1,854
Depreciation Depletion$542--$542
Total Functional Expenses$89,673$17,598$555$107,826
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$1,180
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$40,767

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons$69,967--
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
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
2016-11-09
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
0

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

REIMBURSED STAFF COSTS: Program service expenses 47,154. Management and general expenses 0. Fundraising expenses 555. Total expenses 47,709.

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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/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt01085
IRS990ScheduleD/EquipmentGrp/DepreciationAmt09704
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt010789
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01085
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0RETINA CONSULTANTS LTD (DIRECTORS)
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0OFFICERS/OWNERS
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt040767
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0REIMBURSE EXPENSES/STAFF TIME
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. LOAN WAS PAID IN FULL IN 2015.
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd01
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/ExplanationTxt4REIMBURSED STAFF COSTS: Program service expenses 47,154. Management and general expenses 0. Fundraising expenses 555. Total expenses 47,709.
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/TotalAssetsBOYAmt02362000
IRS990/TotalAssetsEOYAmt02229227
IRS990/TotalAssetsGrp/BOYAmt02362000
IRS990/TotalAssetsGrp/EOYAmt02229227
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt035063
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0555
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt017598
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt089673
IRS990/TotalFunctionalExpensesGrp/TotalAmt0107826
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt067432
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt067432
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02294568
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02229227
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt089673
IRS990/TotalProgramServiceRevenueAmt0555
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0139098
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0555
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0174716
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02362000
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02229227
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt02294568
IRS990/UnrestrictedNetAssetsGrp/EOYAmt02229227
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/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Dr Daniel Joseph
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Trustee
ReturnHeader/BusinessOfficerGrp/PhoneNum03143671181
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-11-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Retina Research and Development
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0Foundation
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/ReturnTs02016-11-11T12:18:31-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

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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