Retinal Vascular Foundation
- Assets
- $430.4k
- Revenue
- $115.1k
- Investments
- $403.3k
- Employees
- 0
- Location
- Pepper Pike, OH
- Founding
- 12/1981
- Data as of
- 12/2023
- EIN
- 34-1347466
Organization Overview
Retinal Vascular Foundation is located in Pepper Pike, OH. The organization was established in 1981. 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. Retinal Vascular 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 12/2023, Retinal Vascular Foundation generated $115.1k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 28.0% each year . All expenses for the organization totaled $82.8k during the year ending 12/2023. While expenses have increased by 13.8% 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.
Since 2014, Retinal Vascular Foundation has awarded 35 individual grants totaling $397,546. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lawrence Singerman MD President | 1 | $0 | |
Stephen L Kadish ESQ Secretary | 1 | $0 | |
Edward Wortzman Treasurer | 1 | $500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $110,600 |
| Interest on Savings | $200 |
| Dividends & Interest | $9,221 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$4,902 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $115,119 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $500 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $100 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,833 |
| Total operating and administrative expenses | $5,614 |
| Contributions, gifts, grants paid | $77,200 |
| Total expenses and disbursements | $82,814 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $27,092 |
| Savings and temporary cash investments | $0 |
| 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 | $403,270 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $430,362 |
| 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 |
Grants Awarded
Over the last fiscal year, Retinal Vascular Foundation has awarded $77,200 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
BASCOM PALMER EYE INSTITUTE AT UNIVERSITY OF MIAMI PURPOSE: EDUCATION, TRAINING AND RESEARCH - SNOW BIRD PROGRAM - LOIS POPE RESEARCH CENTER | $50,000 |
THE MACULA SOCIETY PURPOSE: RETINAL AND MACULAR DISEASE RESEARCH | $25,000 |
CASE WESTERN RESERVE UNIVERSITY PURPOSE: EDUCATION, TRAINING AND RESEARCH | $1,000 |
RONALD G MICHELS FELLOWSHIP FOUNDATION PURPOSE: EDUCATION, TRAINING AND RESEARCH | $1,000 |
AMERICAN ACADEMY OF OPTOMETRY FOUNDATION PURPOSE: SURGICAL SCOPE FUND | $200 |