VISION EDUCATIONAL CENTER

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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

2008

Legal Domicile

Principal Officer

NELZARIE I WYNN

Phone

8437743025

Tax Period

2024-01-01 to 2024-12-31

VISION EDUCATIONAL CENTER, founded in 2008, is a micro nonprofit in the Human Services sector that reported $68K in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year.

Mission

TO CREATE AND IMPLEMENT CREATIVE SERVICES THROUGH NUTRITION AND EDUCATIONAL SERVICES FOR AT RISK KIDS AND ADULTS

Program Service Accomplishments

Program 1

Expenses: $43,219

SOUP KITCHENS WERE RUN ALL OVER SOUTH CAROLINA AND FED PEOPLE ALL OVER SOUTH CAROLINA THIS INCLUDED CHILDREN AND ADULTS PEOPLE OF LOW TO NO INCOME FAMILIES ARE WELCOME BUT NOONE IS TURNED AWAY THEY WERE ALSO GIVEN COMMODITY BOXES EVERY MONTH WHICH INCLUDED STAPLE ITEMS FROM ALL FIVE FOOD GROUPS WE ALSO GAVE NUTRITIONAL CLASSES EVERY QUARTER THIS EQUATED TO OVER 1.2 MILLION MEALS FED THE COMMUNITY THROUGH FEED A NEIGHBOR PROJECT COMMUNITY MEALS AND THROUGH THE NEW SERVICE MEALS ON WHEELS PALMETTO

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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 $67,715

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $67,715

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $43,219

Other Expenses $67,682

TOTAL EXPENSES $67,682

Year-over-Year Comparison

	2024	2023	Change
Revenue	$67,715	$75,031	-0.1%
Expenses	$67,682	$70,686	0.0%
Net Income	$33	$4,345	-1.0%

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

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
CARMEN BETHEA	BOARD MEMBER	2.00	Director	$0	$0	$0
AZALEE MCCORMICK	BOARD MEMBER	2.00	Director	$0	$0	$0
ROBERT LEE	BOARD MEMBER	2.00	Director	$0	$0	$0
JOHLAE MCQUISTION	BOARD MEMBER	2.00	Director	$0	$0	$0
NELZARIE I WYNN	PRESIDENT	30.00	Officer	$0	$0	$0
CRON CARMICHAEL	VICE PRESIDENT	2.00	Officer	$0	$0	$0
VASSIE BETHEA	TREASURER AND SECRETARY	2.00	Officer	$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	$67,715	$67,682	$18,377	$33
2023	$75,031	$70,686	$18,344	$4,345
2022	$69,445	$68,681	$13,999	$764
2021	$360,237	$351,012	$78,049	$9,225
2020	$441,833	$439,354	$68,824	$2,479
2019	$302,568	$302,347	$66,345	$221
2018	$435,374	$422,384	$57,193	$12,990