2025-10-27T07:54:18-05:00 2024-12-31 750786316 WEAVER AND TIDWELL LLP 2300 N FIELD ST STE 1000 DALLAS TX 75201 990 2024-01-01 510151514 RETINA FOUNDATION OF THE SOUTHWEST RETI 2143633911 PO BOX 824189 DALLAS TX 753824189 NAOMI EMMETT CHIEF FINANCIAL & BUSINESS OFFICER 2143633911 2025-10-20 1 0 SARA BURKHART P01435955 9724901970 2024 2025-03-06 01:10:19Z NAOMI EMMETT PO BOX 824189 DALLAS TX 753824189 8488104 0 X WWW.RETINAFOUNDATION.ORG X 1975 TX 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. 15 15 42 21 0 0 7603799 8055288 0 0 322832 308090 -80221 -860 7846410 8362518 1764989 805000 0 0 4015818 4661294 0 0 787723 2020394 2571380 7801201 8037674 45209 324844 13241837 13662956 938229 1034504 12303608 12628452 THE MISSION OF THE RETINA FOUNDATION OF THE SOUTHWEST IS TO PREVENT VISION LOSS AND RESTORE SIGHT THROUGH INNOVATIVE RESEARCH AND TREATMENT. 0 0 6249808 805000 STUDIES TO OPTIMIZE VISUAL OUTCOMES FOR CHILDREN WITH CONGENITAL AND EARLY-ONSET EYE CONDITIONS AND ULTIMATELY DEVELOP MORE SUCCESSFUL AND EFFECTIVE METHODS FOR EARLY SCREENING, TREATMENTS, AND ADHERENCE. RESEARCH INTO INNOVATIVE NEW TREATMENTS FOR INHERITED RETINAL DEGENERATIVE DISEASES, SUCH AS RETINITIS PIGMENTOSA. COLLECTING AND MAINTAINING CLINICAL AND GENETIC DATA FOR INDIVIDUALS WITH INHERITED EYE DISEASES. CONDUCT VARIOUS TYPES OF RESEARCH TO BETTER UNDERSTAND AGE-RELATED MACULAR DEGENERATION, DEVELOP WAYS TO SLOW THE PROGRESSION, AND DISCOVER BETTER TREATMENT OPTIONS. 6249808 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 71 0 1 42 1 0 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X NAOMI EMMETT 2143633911 PO BOX 824189 DALLAS TX 753824189 RAJIV ANAND MD DIRECTOR 1.00 X 0 0 0 DIANE BODDY DIRECTOR 1.00 X 0 0 0 ALEX M CENA DIRECTOR 1.00 1.00 X 0 0 0 LORI DAO MD DIRECTOR 1.00 X 0 0 0 LAURIE DOTTER CPA DIRECTOR 1.00 X 0 0 0 WILLIAM L HUTTON MD DIRECTOR 1.00 1.00 X 0 0 0 RICHARD A MASSMAN DIRECTOR 1.00 1.00 X 0 0 0 JAMES H MERRITT MD DIRECTOR 1.00 X 0 0 0 MICKEY MUNIR DIRECTOR 1.00 X 0 0 0 THERESE ROURK DIRECTOR 1.00 X 0 0 0 RICHARD SCHAAR PHD DIRECTOR 1.00 X 0 0 0 RAND SPENCER MD DIRECTOR 1.00 X 0 0 0 TIA S TOMLIN DIRECTOR 1.00 X 0 0 0 STEVEN EISNAUGLE TREASURER 1.00 X X 0 0 0 LOUIS GRABOWSKY CHAIR 1.00 1.00 X X 0 0 0 NAOMI EMMETT CHIEF FINANCIAL OFFICER/CHIEF BUSINESS OFFICER 40.00 X 173506 0 17813 KARL CSAKY CHIEF EXECUTIVE AND MEDICAL OFFICER 30.00 1.00 X 401620 0 17487 MARK PENNESI LAB DIRECTOR 30.00 X 384099 0 24053 EILEEN BIRCH PEDIATRIC DIRECTOR 40.00 X 316034 0 25649 DAVID BIRCH SCIENTIFIC DIRECTOR 30.00 X 160429 0 17868 AMY JOHNSON CHIEF DEVELOPMENT OFFICER 40.00 X 192393 0 19473 NATALIE GILBERT FINANCE DIRECTOR 40.00 1.00 X 132334 0 16492 CINDY BAILLIE OPERATIONS MANAGER 40.00 X 128042 0 16259 SRINIVASA SRIPATHI LAB DIRECTOR 36.00 X 121449 0 15938 KRISTEN LOCKE CLINICAL TRIALS MANAGER 40.00 X 121242 0 15894 2131148 0 186926 11 0 1 0 SUNWEST COMMUNICATIONS INC 4851 LBJ FREEWAY SUITE 1200 DALLAS TX 75244 PUBLIC RELATIONS/MARKETING 230979 TEXAS RETINA ASSOCIATES 9600 N CENTRAL EXPY SUITE 100 DALLAS TX 75231 MEDICAL SERVICES 221661 2 786760 704719 571499 5992310 8055288 312996 312996 4906 -4906 -4906 -4906 44400 786760 120680 -76280 -76280 OTHER INCOME 900099 75420 75420 75420 8362518 0 0 307230 805000 805000 1556419 1251182 243772 61465 2502521 1798866 399294 304361 111035 69666 27121 14248 232088 172170 36914 23004 259231 191108 44418 23705 42263 39111 3152 56962 56962 241323 157417 37895 46011 248343 60299 188044 268918 166446 55892 46580 77433 56767 11319 9347 197402 170114 14145 13143 82082 70319 4355 7408 19552 16849 1401 1302 306156 281463 14942 9751 88598 55108 24635 8855 DIRECT PROGRAM EXPENSES 726400 726400 OTHER EXPENSES 112117 70874 23926 17317 LECTURE SERIES 85467 85467 SPONSORSHIP 18364 5182 13182 8037674 6249808 1000143 787723 73441 88875 6680938 7662433 2394520 1804088 40861 82249 6919321 2894010 4052077 4025311 13241837 13662956 311936 602309 105000 521293 432195 938229 1034504 X 6461421 6606806 5842187 6021646 12303608 12628452 13241837 13662956 324844 0 X X 0 1 X 1 0 X 5759915 5275882 5596830 7603799 8055288 32291714 5759915 5275882 5596830 7603799 8055288 32291714 5750199 26541515 286857 1974 70614 322832 312996 995273 72754 33560 32483 32040 75420 246257 33533244 0.79150 0.77860 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 11732098 1098181 1144372 704719 46754 13223178 9048434 1764989 1354470 386531 49264 11732098 11077911 -1598296 399985 31196 9048434 10397738 1110015 386631 43211 11077911 10097769 682666 382697 10397738 0.28877 0.59768 0.11355 0 1 1 250000 250000 3412365 1036101 2376264 3256956 1857909 1399047 4025311 X 8475298 0 8475298 -112780 -112780 8362518 8150454 112780 112780 8037674 0 8037674 PART X, LINE 2: THE FOUNDATION HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE AS A NONPROFIT CORPORATION EXEMPT FROM FEDERAL INCOME TAX ON ITS INCOME, UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE FOUNDATION FOLLOWS THE PROVISIONS OF ASC 740-10, INCOME TAXES, RELATED TO UNRECOGNIZED TAX POSITIONS. THE FOUNDATION RECOGNIZES THE TAX BENEFITS FROM UNCERTAIN TAX POSITIONS ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITIONS WILL BE SUSTAINED ON EXAMINATION BY THE TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITIONS. THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH POSITIONS ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE FOUNDATION DOES NOT BELIEVE THERE ARE ANY MATERIAL UNCERTAIN TAX POSITIONS AND ACCORDINGLY, IT WILL NOT RECOGNIZE ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS. FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023, THERE WERE NO INTEREST OR PENALTIES RECORDED OR INCLUDED IN THE FINANCIAL STATEMENTS. THE FOUNDATION IS RELYING ON ITS TAX-EXEMPT STATUS AND ITS ADHERENCE TO ALL APPLICABLE LAWS AND REGULATIONS TO PRESERVE THAT STATUS. HOWEVER, THE CONCLUSIONS REGARDING ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES WILL BE SUBJECT TO REVIEW AND MAY BE ADJUSTED AT A LATER DATE BASED ON FACTORS INCLUDING, BUT NOT LIMITED TO, ONGOING ANALYSIS OF TAX LAWS, REGULATIONS, AND INTERPRETATIONS THEREOF. THE FOUNDATION'S INFORMATIONAL RETURNS ARE GENERALLY SUBJECT TO EXAMINATION FOR THREE YEARS AFTER THE LATER OF THE DUE DATE OR DATE OF FILING. AS A RESULT, THE FOUNDATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS PRIOR TO 2021. PART XI, LINE 4B - OTHER ADJUSTMENTS: DIRECT EXPENSES FOR FUNDRAISING EVENT -112,780. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT EXPENSES FOR FUNDRAISING EVENT 112,780. VISIONARY LUNCHEON 831160 786760 44400 7900 112780 831160 786760 44400 7900 112780 120680 -76280 0 RFSW ENDOWMENT INC PO BOX 824189 DALLAS TX 753824189 851208107 501(C)(3) 805000 0 GENERAL FUNDING 1 X X 0 0 0 0 0 0 0 0 0 KARL CSAKY CHIEF EXECUTIVE AND MEDICAL OFFICER 401620 0 0 0 0 0 17250 0 237 0 419107 0 0 0 MARK PENNESI LAB DIRECTOR 318420 0 65679 0 0 0 14196 0 9857 0 408152 0 0 0 EILEEN BIRCH PEDIATRIC DIRECTOR 316034 0 0 0 0 0 15802 0 9847 0 341683 0 0 0 AMY JOHNSON CHIEF DEVELOPMENT OFFICER 192393 0 0 0 0 0 9623 0 9850 0 211866 0 0 0 NAOMI EMMETT CHIEF FINANCIAL OFFICER/CHIEF BUSINE 173506 0 0 0 0 0 7956 0 9857 0 191319 0 0 0 DAVID BIRCH SCIENTIFIC DIRECTOR 160429 0 0 0 0 0 8021 0 9847 0 178297 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY MEMBERS OF THE FINANCE AND AUDIT COMMITTEE PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C CONFLICTS OF INTEREST ARE ADDRESSED IN THE BOARD MEETINGS. MEMBERS MUST SIGN THE CONFLICT OF INTEREST STATEMENT ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE MEETS EVERY YEAR AND EVALUATES AND APPROVES THE COMPENSATION OF THE KEY EMPLOYEES. A PART OF THIS PROCESS INCLUDES COMPARING THEM TO OTHER INSTITUTIONS LIKE THE RETINA FOUNDATION OF THE SOUTHWEST. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION'S DOCUMENTS ARE AVAILABLE AT WWW.GUIDESTAR.ORG AND UPON REQUEST. FORM 990, PART XII, LINE 2C THERE HAS BEEN NO CHANGE IN THE OVERSIGHT OR SELECTION PROCESS OF THE INDEPENDENT ACCOUNTANT IN THE PAST YEAR. RFSW ENDOWMENT INC PO BOX 824189 DALLAS TX 753824189 851208107 INVESTMENTS TX 501(C)(3) LINE 7 RETINA FOUNDATION OF THE SOUTHWEST 1 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 RFSW ENDOWMENT INC B 805000 CASH RFSW ENDOWMENT INC C 704719 CASH