CURING RETINAL BLINDNESS FOUNDATION INC (EIN 461084479) - Form 990 Financial Analysis & Trantor Score

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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

2012

Legal Domicile

Principal Officer

KRISTIN SMEDLEY

Phone

3305382268

Tax Period

2024-01-01 to 2024-12-31

CURING RETINAL BLINDNESS FOUNDATION INC, founded in 2012, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $242K in total revenue in fiscal year 2024. Revenue surged 53% from the prior year, signaling strong growth momentum. The organization ran a surplus of $125K, a strong 52% operating margin.

Mission

THE FOUNDATION PROMOTES THE TREATMENT AND CURE OF DEGENERATIVE DISEASES THAT AFFECT THE RETINA AND CAUSE BLINDNESS. THE FOUNDATION SOLICITS DONATIONS AND CONTRIBUTIONS THROUGH VARIOUS FUNDRAISING EVENTS IN ORDER TO PROVIDE GRANTS TO FURTHER THE RESEARCH INTO THERAPIES FOR THESE DISEASES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $119,713

Program Service Revenue $0

Investment Income $24,431

Other Revenue $97,947

TOTAL REVENUE $242,091

Expense Breakdown

Grants Paid $0

Salaries & Benefits $79,862

Fundraising Expenses $0

Other Expenses $36,881

TOTAL EXPENSES $116,743

Year-over-Year Comparison

	2024	2023	Change
Revenue	$242,091	$158,539	+0.5%
Expenses	$116,743	$186,352	-0.4%
Net Income	$125,348	$-27,813	-5.5%

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

Volunteers

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

$74,004

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KRISTIN SMEDLEY	CEO	40.00	Officer	$74,004	$0	$74,004
LISA BILLINGSLEY	DIRECTOR	15.00	Director	$0	$0	$0
ASHLEY COPE	DIRECTOR	10.00	Director	$0	$0	$0
KIM HOFFMAN	TREASURER	20.00	Officer Director	$0	$0	$0
SUSAN SCHNEIDER	DIRECTOR	5.00	Director	$0	$0	$0
BRAYDEN SMITH	DIRECTOR	5.00	Director	$0	$0	$0
SCOTT SMITH	DIRECTOR	5.00	Director	$0	$0	$0
TRICIA SMITH	SECRETARY	15.00	Officer Director	$0	$0	$0
BROOKLYN SPIRITO	DIRECTOR	15.00	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
2025	No data	No data	No data	No data
2024	$242,091	$116,743	$737,558	$125,348
2023	$158,539	$186,352	$612,210	$-27,813
2022	$192,322	$177,371	$640,023	$14,951
2021	$139,563	$220,219	$685,072	$-80,656
2020	$59,380	$152,055	$721,738	$-92,675
2019	$89,548	$166,747	$800,737	$-77,199
2018	$164,727	$81,799	$899,500	$82,928

CURING RETINAL BLINDNESS FOUNDATION INC