Retina Vitreous Foundation
- Assets
- $1.0m
- Revenue
- $24.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Lakewood, CA
- Founding
- 01/2009
- Data as of
- 12/2022
- EIN
- 20-8197007
Organization Overview
Retina Vitreous Foundation is located in Lakewood, CA. The organization was established in 2009. According to its NTEE Classification (G41) the organization is classified as: Eye Diseases, Blindness & Vision Impairments, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Retina Vitreous Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Retina Vitreous Foundation generated $24.8k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 21.3% each year . All expenses for the organization totaled $68.8k during the year ending 12/2022. While expenses have increased by 0.2% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION IS A NON-PROFIT ORGANIZATION THAT PROVIDES DIAGNOSTIC AND TREATMENT ASSISTANCE TO THOSE WHO ARE UNABLE TO PAY FOR SERVICES OR RECEIVE INADEQUATE ASSISTANCE FROM OTHER SOURCES AND WHOSE MEDICAL CONDITION, IF UNTREATED, MAY LEAD TO BLINDNESS. PARTIAL OR FULL FUNDING MAY BE AVAILABLE TO COVER COSTS FOR FUTURE SCHEDULED TREATMENTS. THE FOUNDATION UTILIZES THE PHYSICIANS OF RETINA-VITREOUS ASSOCIATES MEDICAL GROUP TO TREAT SUCH PATIENTS. THE FOUNDATION ALSO USES THE FUNDS TO HELP EDUCATE PHYSICIANS AND PATIENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David S Boyer MD Pres, Treas | 0 | $0 | |
Jon Kurtin Secretary | 0 | $0 | |
Richard Gable Ph D MBA Director | 0 | $0 | |
Howard Slavin ESQ Director | 0 | $0 | |
Sandra Wells Director | 0 | $0 | |
Janet Kurokouchi Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $24,750 |
| Interest on Savings | $75 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $24,825 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $59,887 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $2,000 |
| Printing and publications | $0 |
| Other expenses | $6,954 |
| Total operating and administrative expenses | $68,841 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $68,841 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $188,032 |
| Savings and temporary cash investments | $753,028 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $89,831 |
| Other assets | $0 |
| Total assets | $1,030,891 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |