2018-11-15T11:19:35-06:00 2017-12-31 263753134 CBIZ MHM LLC 500 BOYLSTON STREET BOSTON MA 02116 990 2017-01-01 043150037 THE BOSTON FOUNDATION FOR SIGHT INC BOST 7817267337 464 HILLSIDE AVENUE NO 205 NEEDHAM MA 02494 SARA A YOST TREASURER 7817267337 2018-11-14 1 CRAIG KLEIN P00734640 6177610600 207.172.72.163 2018-11-14 08:22:04 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 6EBF32EC077803D5773B28E578504B4367373832 2017 2019-02-21 02:37:17Z BOSTONSIGHT GENE GUSELLI 464 HILLSIDE AVENUE NO 205 NEEDHAM MA 02494 5717642 0 X WWW.BOSTONSIGHT.ORG X 1992 MA OUR MISSION IS TO IMPROVE QUALITY OF LIFE BY TRANSFORMING THE UNDERSTANDING, TREATMENT, AND CARE OF THE OCULAR SURFACE. WE ACHIEVED THIS THROUGH FIVE KEY STRATEGIES: PUBLIC AND PROFESSIONAL EDUCATION; CLINICAL RESEARCH; PATIENT ENGAGEMENT AND EMPOWERMENT; SPECIALIZED MEDICAL TREATMENT; AND TECHNICAL INNOVATION. 11 10 50 14 114550 -1072934 262729 251134 5282459 5019318 7817 3499 88552 154275 5641557 5428226 18200 24105 0 0 3666574 3451096 0 0 204605 2285148 2337239 5969922 5812440 -328365 -384214 4405412 3877164 617137 473103 3788275 3404061 X OUR MISSION IS TO IMPROVE QUALITY OF LIFE BY TRANSFORMING THE UNDERSTANDING, TREATMENT, AND CARE OF THE OCULAR SURFACE. 0 0 3173141 24105 5059043 BOSTON FOUNDATION FOR SIGHT D/B/A BOSTONSIGHT IS A WORLD RENOWNED NONPROFIT EYE HEALTH CARE ORGANIZATION. OUR MISSION IS TO IMPROVE QUALITY OF LIFE BY TRANSFORMING THE UNDERSTANDING, TREATMENT, AND CARE OF THE OCULAR SURFACE. SINCE 1992 WE HAVE RESTORED SIGHT TO THOUSANDS OF PATIENTS FROM AROUND THE WORLD. PROSTHETIC REPLACEMENT OF THE OCULAR SURFACE ECOSYSTEM (PROSE) IS AN INTEGRATED AND ITERATIVE TREATMENT PIONEERED BY BOSTONSIGHT THAT RESTORES VISUAL FUNCTION, SUPPORTS HEALING, REDUCES SYMPTOMS AND IMPROVES QUALITY OF LIFE FOR PATIENTS SUFFERING WITH COMPLEX CORNEAL DISEASE. BOSTONSIGHT (REGISTERED TRADEMARK) PROSE USES FDA APPROVED (1994) CUSTOM DESIGNED AND FABRICATED PROSTHETIC DEVICES TO REPLACE OR SUPPORT IMPAIRED OCULAR SURFACE SYSTEM FUNCTIONS.OUR NEEDHAM, MA CENTER OF EXCELLENCE INCLUDES A PROSE CLINIC, A RESEARCH CENTER, A STATE-OF-THE-ART MANUFACTURING LAB AND A PATIENT AND FAMILY SUPPORT CENTER. COMPASSIONATE CARE IS AT THE HEART OF OUR APPROACH TO MEDICINE. ADDITIONAL SERVICES RELATING TO OCULAR SURFACE DISEASE INCLUDE PUBLIC AND PROFESSIONAL EDUCATION; CLINICAL RESEARCH; PATIENT ENGAGEMENT AND EMPOWERMENT; AND TECHNICAL INNOVATION. THE BOSTONSIGHT NETWORK PROVIDED PROSE TREATMENT TO 1,075 PATIENTS IN 2017 AND OVER 9,000 PATIENTS IN THE LAST DECADE. 1187484 114550 BOSTONSIGHT SCLERAL: IN FURTHERANCE OF BOSTONSIGHT'S MISSION TO IMPROVE QUALITY OF LIFE BY TRANSFORMING THE UNDERSTANDING, TREATMENT, AND CARE OF THE OCULAR SURFACE, BOSTONSIGHT HAS DEVELOPED A SCLERAL LENS FITTING SYSTEM AIMED AT HELPING AN EVEN GREATER NUMBER OF PATIENTS WHO SUFFER FROM OCULAR SURFACE DISEASE. BOSTONSIGHT PIONEERED A NEW SCLERAL LENS DESIGN, AND FITTING TECHNOLOGY, THAT ALLOWS THE ORGANIZATION TO RAPIDLY EXPAND THE NUMBER OF TRAINED SCLERAL LENS PRACTITIONERS, DELIVERING OUR SIGHT-RESTORING SOLUTIONS TO THOUSANDS OF ADDITIONAL PATIENTS WHO SUFFER FROM OCULAR SURFACE DISEASE BOTH DOMESTICALLY AND INTERNATIONALLY. 4360625 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 27 0 1 50 1 1 1 0 0 0 0 0 0 0 0 0 X 11 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 MA X SARA YOST 7817267337 464 HILLSIDE AVENUE SUITE 205 NEEDHAM MA 02494 DAVID ROSENBLOOM DIRECTOR/CHAIRMAN 0.25 X 0 0 0 ANDREW HIRSCH DIRECTOR 0.25 X 0 0 0 BEVERLY JOHNSTON DIRECTOR 0.25 X 0 0 0 KARSTEN RISCH MD DIRECTOR 0.25 X 0 0 0 BARBARA MCNEIL MD DIRECTOR 0.25 X 0 0 0 MICHAEL RAIZMAN MD DIRECTOR 0.25 X 0 0 0 CLIFFORD SCOTT OD DIRECTOR 0.25 X 0 0 0 KATHLEEN WEINGARTEN DIRECTOR 0.25 X 0 0 0 MARK EALEY DIRECTOR 0.25 X 0 0 0 MIKE KANE DIRECTOR 0.25 X 0 0 0 PAMELA J ANDERSON JD DIRECTOR 0.25 X 0 0 0 EUGENE A BONTE DIRECTOR 0.25 X 0 0 0 SARAH SHOAF CABOT JD DIRECTOR 0.25 X 0 0 0 J LOUIS MACDONALD DIRECTOR 0.25 X 0 0 0 GENE GUSELLI PRESIDENT/DIRECTOR 40.00 X X 299168 0 35352 SARA YOST TREASURER 40.00 X 145923 0 30814 TARA STEPANIAN SECRETARY 40.00 X 70238 0 12189 DEBORAH JACOBS MD MEDICAL DIRECTOR 40.00 X 223371 0 10776 KAREN CARRASQUILLO OD DIRECTOR OF CLINICAL CARE 40.00 X 167483 0 8506 ILENE KNOPPING DIR., BOSTONSIGHT NETWORK 32.00 X 140311 0 23953 ALAN KWOK OD OPTOMETRIST 40.00 X 122215 0 29778 CHIRAG PATEL OD OPTOMETRIST 40.00 X 113336 0 14426 KLIMENTY LEVIN SOFTWARE ENGINEER 40.00 X 149654 0 8353 1431699 0 174147 9 0 1 0 RSM US LLP 80 CITY SQUARE BOSTON MA 02129 IT CONSULTING 201637 LEMONADE INTERNET SERVICES LLC 14R SANDERS ROAD HUDSON NH 03051 IT CONSULTING 140666 2 251134 30745 251134 PATIENT SERVICES, NET 621110 2923370 2923370 NETWORK CLINIC REVENUE 621110 2095948 2095948 5019318 3965 3965 466 -466 -466 -466 403500 288950 114550 114550 OTHER REVENUE 900099 39725 39725 39725 5428226 5059043 114550 3499 24105 24105 908604 614456 149728 144420 2005804 1729001 271210 5593 68489 41199 27290 240684 166604 74080 227515 158372 63151 5992 110355 2802 107553 67145 67145 462431 225637 233501 3293 7197 7197 49467 39903 7927 1637 80125 72683 2883 4559 486659 417218 59811 9630 12501 6104 6397 86536 86536 177149 170040 6052 1057 101948 75061 26269 618 SUPPLIES 304354 294940 4486 4928 POSTAGE & SHIPPING 76371 76371 BANK FEES 74327 73559 768 EQUIPMENT RENTAL/MAINT. 61728 50002 11726 178946 109591 47245 22110 5812440 4360625 1247210 204605 2353810 1506495 1266342 1511584 197634 223357 120857 67742 3014509 2479441 433851 535068 32918 32918 4405412 3877164 617137 473103 617137 473103 X 3581070 3199008 22205 20053 185000 185000 3788275 3404061 4405412 3877164 -384214 0 X 0 1 X 1 0 X 686700 509578 393538 262729 251134 2103679 686700 509578 393538 262729 251134 2103679 516039 1587640 300393 300018 239602 4972 3965 848950 2952629 26886912 0.53770 0.50230 X 185000 185000 185000 185000 185000 185000 185000 185000 185000 185000 0.00000 1.00000 0.00000 0 0 478829 404312 74517 2535680 2075129 460551 535068 X 5717176 288950 288950 5428226 0 5428226 6101390 288950 288950 5812440 0 5812440 PART V, LINE 4: THE ENDOWMENT IS SOLELY USED TO SUPPORT PATIENT SERVICES. PART X, LINE 2: BOSTONSIGHT ACCOUNTS FOR THE EFFECT OF ANY UNCERTAIN TAX POSITIONS BASED ON A "MORE LIKELY THAN NOT" THRESHOLD TO THE RECOGNITION OF THE TAX POSITIONS BEING SUSTAINED BASED ON THE TECHNICAL MERITS OF THE POSITION UNDER SCRUTINY BY THE APPLICABLE TAXING AUTHORITY. IF A TAX POSITION OR POSITIONS ARE DEEMED TO RESULT IN UNCERTAINTIES OF THOSE POSITIONS, THE UNRECOGNIZED TAX BENEFIT IS ESTIMATED BASED ON A "CUMULATIVE PROBABILITY ASSESSMENT" THAT AGGREGATES THE ESTIMATED TAX LIABILITY FOR ALL UNCERTAIN TAX POSITIONS. INTEREST AND PENALTIES ASSESSED, IF ANY, ARE ACCRUED AS INCOME TAX EXPENSE. BOSTONSIGHT HAS IDENTIFIED ITS TAX STATUS AS A TAX EXEMPT ENTITY AND ITS DETERMINATION OF WHICH ACTIVITIES ARE RELATED AND UNRELATED AS ITS ONLY SIGNIFICANT TAX POSITIONS AND HAS DETERMINED THAT SUCH TAX POSITIONS DO NOT RESULT IN AN UNCERTAINTY REQUIRING RECOGNITION. BOSTONSIGHT IS NOT CURRENTLY UNDER EXAMINATION BY ANY TAXING JURISDICTION. FEDERAL AND STATE INCOME TAX RETURNS ARE GENERALLY OPEN FOR EXAMINATION FOR THREE YEARS FOLLOWING THE DATE FILED. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 288,950. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 288,950. X X 0 0 0 0 0 0 0 1 0 GENE GUSELLI PRESIDENT/DIRECTOR 297375 0 605 0 1188 0 10800 0 24552 0 334520 0 0 0 SARA YOST TREASURER 145202 0 559 0 162 0 6262 0 24552 0 176737 0 0 0 DEBORAH JACOBS MD MEDICAL DIRECTOR 222032 0 565 0 774 0 8969 0 1807 0 234147 0 0 0 KAREN CARRASQUILLO OD DIRECTOR OF CLINICAL CARE 166754 0 549 0 180 0 6699 0 1807 0 175989 0 0 0 ILENE KNOPPING DIR., BOSTONSIGHT NETWORK 139013 0 524 0 774 0 5820 0 18133 0 164264 0 0 0 ALAN KWOK OD OPTOMETRIST 121393 0 552 0 270 0 5226 0 24552 0 151993 0 0 0 KLIMENTY LEVIN SOFTWARE ENGINEER 148107 0 559 0 988 0 5488 0 2865 0 158007 0 0 0 PART I, LINE 7 ALL STAFF MEMBERS RECEIVED A $500 GIFT CARD AS A BONUS. THE PRESIDENT OF BOSTON FOUNDATION FOR SIGHT DETERMINED THE AMOUNT AND APPROVED THE GIFT CARDS FOR PAYMENT. THE PRESIDENT'S BONUS IS DETERMINED ANNUALLY BY THE BOARD OF DIRECTORS. X 2 30745 FMV 0 0 1 0 PART I, COLUMN (B): THE AMOUNTS IN COLUMN (B) REPRESENT THE NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION B, LINE 11B UPON RECEIVING DRAFTS FROM OUR CPA FIRM (AUDITORS), BOSTONSIGHT WILL TAKE THE FOLLOWING STEPS TO ASSURE ACCURACY AND COMPLIANCE WITH FEDERAL TAX REGULATIONS. THE PRESIDENT AND TREASURER OF BOSTONSIGHT WILL REVIEW THE FORM 990 IN DETAIL INCLUDING ACCOUNT GROUPINGS. UPON SATISFACTORY REVIEW, THE BOSTONSIGHT TREASURER WILL SUBMIT THE FORM 990 DRAFT TO THE BOSTONSIGHT AUDIT COMMITTEE. THE CPA FIRM WILL HOLD A MEETING FOR THE AUDIT COMMITTEE TO ADDRESS ANY CONCERNS OR QUESTIONS. UPON SATISFACTORY REVIEW BY THE AUDIT COMMITTEE, THE FINAL FORM 990 WILL BE GENERATED BY THE CPA FIRM. THE FINAL COPY OF THE FORM 990 WILL BE EMAILED TO ALL BOARD MEMBERS BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C WE REQUIRE BOSTONSIGHT DIRECTORS, OFFICERS, AND KEY EMPLOYEES TO SIGN A CONFLICT OF INTEREST ACKNOWLEDGEMENT AND DISCLOSURE STATEMENT ANNUALLY. THE CEO AND CFO REVIEW THE FORMS AND DETERMINE IF A POTENTIAL CONFLICT EXISTS. ANY INDIVIDUAL THAT HAS A CONFLICT IS RECUSED FROM DISCUSSION AND VOTING ON THE GIVEN TOPIC. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE FROM THE ORGANIZATION UPON REQUEST. THE FORM 990 AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE VIA THE MASSACHUSETTS ATTORNEY GENERAL'S WEBSITE. THE FORM 990 IS ALSO AVAILABLE AT WWW.GUIDESTAR.ORG.