NORTH COUNTRY ASSOCIATION FOR THE VISUALLY IMPAIRED INC (EIN 141713999) - 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

1989

Legal Domicile

Principal Officer

ALEX FORSTER

Phone

5185622330

Tax Period

2024-01-01 to 2024-12-31

NORTH COUNTRY ASSOCIATION FOR THE VISUALLY IMPAIRED INC, founded in 1989, is a small nonprofit in the Diseases & Disorders sector that reported $239K in total revenue in fiscal year 2024. Revenue surged 26% from the prior year, signaling strong growth momentum. Expenses of $266K exceeded revenue, resulting in a 11% operating deficit.

Mission

DEDICATED TO ASSISTING PEOPLE WHO ARE BLIND, LEGALLY BLIND OR VISUALLY IMPAIRED BY ATTAINING OR MAINTAINING PERSONAL INDEPENDENCE.

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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 $7,150

Program Service Revenue $188,904

Investment Income $37,986

Other Revenue $5,199

TOTAL REVENUE $239,239

Expense Breakdown

Grants Paid $0

Salaries & Benefits $192,936

Fundraising Expenses $0

Program Expenses $210,664

Other Expenses $73,364

TOTAL EXPENSES $266,300

Year-over-Year Comparison

	2024	2023	Change
Revenue	$239,239	$189,156	+0.3%
Expenses	$266,300	$137,396	+0.9%
Net Income	$-27,061	$51,760	-1.5%

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

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
PATRICK BOWEN	DIRECTOR	N/A	Director	$0	$0	$0
DENISE ERENSTONE	TREASURER	N/A	Officer Director	$0	$0	$0
ALEX FORSTER	PRESIDENT	N/A	Officer Director	$0	$0	$0
PAUL LAMORA	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
COLLEEN SHEEHAN	DIRECTOR	N/A	Director	$0	$0	$0
BARB ZELINSKI	DIRECTOR	N/A	Director	$0	$0	$0
AMY COLLIN	EXECUTIVE DI	N/A	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	$239,239	$266,300	$685,258	$-27,061
2023	$189,156	$137,396	$690,397	$51,760
2022	$141,820	$218,666	$582,475	$-76,846
2021	$274,843	$256,405	$766,474	$18,438
2020	$289,285	$323,462	$721,850	$-34,177
2019	$313,207	$260,579	$694,878	$52,628
2018	$248,154	$277,481	$641,438	$-29,327

NORTH COUNTRY ASSOCIATION FOR THE VISUALLY IMPAIRED INC