Retina Associates Inc Charitable

Nonprofit profile at a glance

EIN
202798290
IRS 990-PF coverage
2010–2011
Forms available
Form 990-PF 2011
Location
Fort Lauderdale, FL, USA
Phone
9545221243
Rating
18
Verdict
AVOID
Rating confidence
Moderate
Sector
Eye Diseases, Blindness and Vision Impairments

Reported finances

Revenue
$177
Expenses
$13,000

Source: IRS Form 990-PF. Selected filing: tax year 2011. Amounts in USD.

Overview

Mission

Eye Diseases, Blindness and Vision Impairments

Operating model

Revenue model
Investment-supported. 100% of the foundation's positive operating resources came from recurring investment income.
Distribution model
Grant intermediary. The foundation distributed 100% of its reported charitable disbursements as grants.
  • Includes asset-sale income: Asset-sale income is shown separately from recurring resources when classifying the revenue model.

The verdict

AVOID - The strongest available result is that the filed numbers largely add up. The filing does not identify all grant recipients and a relatively small share of spending goes to grants.

Rating breakdown

  • Grant Deployment: NotEnoughData
  • Cost Efficiency: 38
  • Transparency: 0
  • Compliance: 50
  • Endowment Health: NotEnoughData

Detailed rating inputs

Grant Deployment

  • Grant deployment ratio: Limited

Cost Efficiency

  • Grant expense ratio: 38.5%; rating input score 38; 20th percentile among comparable filings

Transparency

  • Grant recipient disclosure: Scored; rating input score 0

Compliance

  • Part VII-B activity disclosures: Limited
  • Filing consistency checks: 4; rating input score 100

Endowment Health

  • Endowment-health comparison: Limited

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Consistency: 4 of 4 current checks pass
  • Filing history: 2 filing years from 2010 to 2011
  • Money network: 4 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Transparency: Grant recipient disclosure scored 0/100.
  • Moderate — Cost Efficiency: Grant expense ratio scored 38/100.