Form 990 for tax year 2022
Filed by RETINA FOUNDATION OF THE SOUTHWEST.
Totals
- Total revenue
- $5,584,764
- Total expenses
- $5,481,987
- Contributions and grants received
- $5,583,143
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $70,614
- Other revenue
- -$68,993
- Total assets, end of year
- $13,298,686
- Total liabilities, end of year
- $1,040,287
- Net assets or fund balances, end of year
- $12,258,399
- Program services expenses (Part IX)
- $4,258,209
- Management and general expenses
- $632,932
- Fundraising expenses
- $590,846
- Program service expenses (Part III)
- $4,258,209
Program services were 77.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$707,236
-
1d · Related organizations
$399,985
-
1e · Government grants (contributions)
$943,241
-
1f · All other contributions, gifts and grants
$3,532,681
-
3 · Investment income
total $70,614 · excluded $70,614
-
8a · Fundraising events: gross income
$46,320
-
8a · Fundraising events: contributions included on line 1c
$707,236
-
8b · Fundraising events: direct expenses
$147,799
-
8c · Net income from fundraising events
total -$101,479 · excluded -$101,479
-
11a · Other revenue: OTHER INCOME
total $32,486 · excluded $32,486
-
11e · Other revenue, total
$32,486
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $1,113,260 · program services $903,711 · management and general $170,485 · fundraising $39,064
-
7 · Other salaries and wages
total $2,131,925 · program services $1,659,412 · management and general $207,491 · fundraising $265,022
-
8 · Pension plan contributions
total $84,135 · program services $66,896 · management and general $4,444 · fundraising $12,795
-
9 · Other employee benefits
total $189,098 · program services $153,414 · management and general $15,763 · fundraising $19,921
-
10 · Payroll taxes
total $206,476 · program services $157,292 · management and general $27,500 · fundraising $21,684
-
11b · Fees: legal
total $37,379 · program services $19,115 · management and general $13,003 · fundraising $5,261
-
11c · Fees: accounting
total $54,344 · management and general $54,344
-
11g · Fees: other
total $74,165 · program services $26,981 · management and general $4,808 · fundraising $42,376
-
12 · Advertising and promotion
total $101,658 · fundraising $101,658
-
13 · Office expenses
total $270,896 · program services $163,593 · management and general $58,807 · fundraising $48,496
-
16 · Occupancy
total $191,007 · program services $165,565 · management and general $16,852 · fundraising $8,590
-
17 · Travel
total $67,927 · program services $61,640 · management and general $833 · fundraising $5,454
-
20 · Interest
total $8,506 · program services $7,809 · management and general $440 · fundraising $257
-
22 · Depreciation, depletion and amortization
total $231,239 · program services $202,303 · management and general $24,152 · fundraising $4,784
-
23 · Insurance
total $61,510 · program services $43,209 · management and general $16,030 · fundraising $2,271
-
24a · Other expenses: DIRECT PROGRAM EXPENSES
total $288,793 · program services $288,793
-
24b · Other expenses: SUBCONTRACTOR AGREEMENT
total $251,657 · program services $251,657
-
24c · Other expenses: OTHER EXPENSES
total $75,246 · program services $44,053 · management and general $17,980 · fundraising $13,213
-
24d · Other expenses: LECTURE SERIES
total $42,766 · program services $42,766
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $92,146 · end of year $30,903
-
2 · Savings and temporary cash investments
beginning of year $7,300,878 · end of year $7,461,268
-
3 · Pledges and grants receivable
beginning of year $1,355,898 · end of year $1,578,492
-
9 · Prepaid expenses and deferred charges
beginning of year $72,168 · end of year $59,063
-
10a · Land, buildings and equipment: cost or other basis
$6,524,116
-
10b · Land, buildings and equipment: accumulated depreciation
$2,355,156
-
10c · Land, buildings and equipment, net
beginning of year $3,708,487 · end of year $4,168,960
-
17 · Accounts payable and accrued expenses
beginning of year $318,266 · end of year $619,971
-
19 · Deferred revenue
beginning of year $55,689 · end of year $46,507
-
23 · Secured mortgages and notes payable
beginning of year $0 · end of year $373,809
-
27 · Net assets without donor restrictions
beginning of year $7,624,528 · end of year $7,577,911
-
28 · Net assets with donor restrictions
beginning of year $4,531,094 · end of year $4,680,488
Mission and programs · 2022
Mission
THE MISSION OF THE RETINA FOUNDATION OF THE SOUTHWEST IS TO PREVENT VISION LOSS AND RESTORE SIGHT THROUGH INNOVATIVE RESEARCH AND TREATMENT.
Activities or mission (Part I)
THE FOUNDATION WAS ORGANIZED TO PROMOTE THE RESEARCH, DIAGNOSIS, TREATMENT AND EDUCATION OF THE LEADING CAUSES OF BLINDNESS AND IMPAIRED VISION. THE FOUNDATION ALSO STRIVES TO INCREASE THE UNDERSTANDING OF THE NORMAL DEVELOPMENT AND FUNCTION OF THE VISUAL SYSTEM IN ORDER TO PREVENT, DIAGNOSE AND TREAT SIGHT-THREATENING CONDITIONS, AND TO ENHANCE THE REHABILITATION, TRAINING AND QUALITY OF LIFE OF INDIVIDUALS WHO ARE PARTIALLY SIGHTED OR BLIND.
-
STUDIES TO DETERMINE THE NECESSARY AND SUFFICIENT CONDITIONS FOR THE DEVELOPMENT OF NORMAL BINOCULAR VISION IN INFANTS FROM BIRTH TO AGE FIVE. CLINICAL TREATMENT TRIALS FOR RETINITIS PIGMENTOSA, CHOROIDEREMIA, RETINOSCHESIS AND AGE-RELATED MACULAR DEGENERATION. RESEARCH INTO GENES CAUSING CERTAIN INHERITED EYE DISEASES MEASURES OF HUMAN RECEPTOR AND POST RECEPTOR ACTIVITY. RESEARCH TO DEVELOP A DEVICE FOR OCULAR DELIVERY OF DRUGS FOR TREATMENT OF AGE-RELATED MACULAR DEGENERATION. VARIOUS OTHER RESEARCH PROJECTS.
Expenses $4,258,209
As filed on the 2022 return.
Listed in Part VII
-
Rajiv Anand MDRAJIV ANAND MD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Diane BoddyDIANE BODDY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mehmet Candas PhDMEHMET CANDAS PHD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Alex M CenaALEX M CENA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Lori Dao MDLORI DAO MD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Laurie Dotter CPALAURIE DOTTER CPA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Reham El-Sherazi CPAREHAM EL-SHERAZI CPA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
William L Hutton MDWILLIAM L HUTTON MD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Marc H KleinMARC H KLEIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Richard A MassmanRICHARD A MASSMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
James H Merritt MDJAMES H MERRITT MD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mickey MunirMICKEY MUNIR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Evelyn J PulliamEVELYN J PULLIAM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Therese RourkTHERESE ROURK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Richard Schaar PhDRICHARD SCHAAR PHD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Rand Spencer MDRAND SPENCER MD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Tia S TomlinTIA S TOMLIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Robert Wang MDROBERT WANG MD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Steven EisnaugleSTEVEN EISNAUGLE
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Louis GrabowskyLOUIS GRABOWSKY
CHAIR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Nancy RogersNANCY ROGERS
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Karl CsakyKARL CSAKY
CHIEF EXECUTIVE AND MEDICAL OFFICER
- Total calculated
- $343,597
- From this org
- $329,453
- From related orgs
- $0
- Other
- $14,144
- Hours/week
- 29 + 1 related
Schedule J breakdown matched by us
- Base
- $329,453
- Bonus
- $0
- Other
- $0
- Deferred
- $13,908
- Nontaxable benefits
- $236
- Filer's total
- $343,597
-
Natalie GilbertNATALIE GILBERT
FINANCE DIRECTOR
- Total calculated
- $144,443
- From this org
- $129,564
- From related orgs
- $0
- Other
- $14,879
- Hours/week
- 39 + 1 related
-
David BirchDAVID BIRCH
SCIENTIFIC DIRECTOR
- Total calculated
- $313,595
- From this org
- $290,854
- From related orgs
- $0
- Other
- $22,741
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $290,854
- Bonus
- $0
- Other
- $0
- Deferred
- $14,355
- Nontaxable benefits
- $8,386
- Filer's total
- $313,595
-
Eileen BirchEILEEN BIRCH
PEDIATRIC LAB DIRECTOR
- Total calculated
- $311,627
- From this org
- $288,798
- From related orgs
- $0
- Other
- $22,829
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $288,798
- Bonus
- $0
- Other
- $0
- Deferred
- $14,440
- Nontaxable benefits
- $8,389
- Filer's total
- $311,627
-
Krista KellyKRISTA KELLY
ASSISTANT SCIENTIFIC DIRECTOR
- Total calculated
- $129,625
- From this org
- $115,645
- From related orgs
- $0
- Other
- $13,980
- Hours/week
- 40
-
Amy JohnsonAMY JOHNSON
CHIEF DEVELOPMENT OFFICER
- Total calculated
- $189,373
- From this org
- $172,492
- From related orgs
- $0
- Other
- $16,881
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $172,492
- Bonus
- $0
- Other
- $0
- Deferred
- $8,486
- Nontaxable benefits
- $8,395
- Filer's total
- $189,373
-
Lucinda BaillieLUCINDA BAILLIE
BUSINESS OPERATIONS MANAGER
- Total calculated
- $120,970
- From this org
- $107,414
- From related orgs
- $0
- Other
- $13,556
- Hours/week
- 40
-
Kirsten LockeKIRSTEN LOCKE
CLINICAL TRIALS MANAGER
- Total calculated
- $114,001
- From this org
- $100,636
- From related orgs
- $0
- Other
- $13,365
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Compensation committee
- 3 · Compensation survey or study
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(C)(3) · INVESTMENTS · TX · controlled entity
Directly controlled by RETINA FOUNDATION OF THE SOUTHWEST
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 15 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202303219349300405
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.