RDH12 FUND FOR SIGHT

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2011

Legal Domicile

Principal Officer

VIRGINIA PRYOR

Phone

8643576407

Tax Period

2023-01-01 to 2023-12-31

RDH12 FUND FOR SIGHT, founded in 2011, is a small nonprofit in the Medical Research sector that reported $132K in total revenue in fiscal year 2023. Revenue surged 65% from the prior year, signaling strong growth momentum. Expenses of $172K exceeded revenue, resulting in a 30% operating deficit.

Mission

THE RDH 12 FUND FOR SIGHT SEEKS TO RAISE FUNDS TO BE DISBURSED TO RESEARCHERS WORKING ON A CURE AND/OR TREATMENT OF A RARE GENETIC DISORDER CALLED LEBER'S CONGENITAL AMAUROSIS, MORE SPECIFICALLY FOR LCA CAUSED BY A MUTATION ON THE RDH12 GENE. THE RDH 12 FUND FOR SIGHT COLLECTS AND DISTRIBUTES INFORMATION ABOUT LCA CAUSED BY THE RDH12 GENE MUTATION.

Program Service Accomplishments

Program 1

Expenses: $165,659

GRANTS FOR RESEARCH ON LEBER'S CONGENITAL AMAUROSIS, MORE SPECIFICALLY FOR LCA CAUSED BY A MUTATION ON THE RDH12 GENE.

Program 2

Expenses: $4,206

PREPARATION OF NEWSLETTER AND WEBSITE AS A FOCAL POINT FOR EDUCATION AND INFORMATION DISTRIBUTION. HOSTING A CONFERENCE TO DISCUSS THE PROGRESS OF RESEARCH.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $116,170

Program Service Revenue $0

Investment Income $15,737

Other Revenue $0

TOTAL REVENUE $131,907

Expense Breakdown

Grants Paid $155,333

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $169,865

Other Expenses $16,281

TOTAL EXPENSES $171,614

Year-over-Year Comparison

	2023	2022	Change
Revenue	$131,907	$80,084	+0.6%
Expenses	$171,614	$19,311	+7.9%
Net Income	$-39,707	$60,773	-1.7%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✓ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JENNIFER PLETCHER	PRESIDENT/DIRECTOR	4.00	Officer Director	$0	$0	$0
VIRGINIA PRYOR	TREASURER/DIRECTOR	4.00	Officer Director	$0	$0	$0
THERESA COLE	DIRECTOR	4.00	Director	$0	$0	$0
MICHELLE OLSEN	VICE PRESIDENT/DIRECTOR	4.00	Officer Director	$0	$0	$0
MATHEW PLETCHER	DIRECTOR	4.00	Director	$0	$0	$0
LORI KINNEY	DIRECTOR	4.00	Director	$0	$0	$0
MICHAEL FIORE	DIRECTOR	4.00	Director	$0	$0	$0
ALLISON GALLOWAY	DIRECTOR	4.00	Director	$0	$0	$0
MICHAEL ASHWILL	DIRECTOR	4.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$131,907	$171,614	$1,599,443	$-39,707
2022	$80,084	$19,311	$1,641,611	$60,773
2021	$114,113	$55,308	$1,578,377	$58,805
2020	$73,712	$4,209	$1,519,572	$69,503
2019	$121,867	$2,040	$1,450,069	$119,827
2018	$90,138	$7,000	$1,330,242	$83,138