ASSOCIATION FOR VISION REHABILITATION AND EMPLOYMENT INC (EIN 150532059) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1926

Legal Domicile

Phone

6077242428

Tax Period

2024-07-01 to 2025-06-30

ASSOCIATION FOR VISION REHABILITATION AND EMPLOYMENT INC, founded in 1926, is a community nonprofit in the Employment sector that reported $6.3M in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. The organization ran a surplus of $1.1M, a strong 18% operating margin.

Mission

TO CREATE OPPORTUNITIES FOR SUCCESS AND INDEPENDENCE WITH PEOPLE WHO ARE BLIND OR VISUALLY IMPAIRED THROUGH VISION REHABILITATION SERVICES AND EMPLOYMENT.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,470,052

Program Service Revenue $176,732

Investment Income $6,988

Other Revenue $4,687,750

TOTAL REVENUE $6,341,522

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,160,446

Fundraising Expenses $152,891

Program Expenses $3,811,491

Other Expenses $1,068,366

TOTAL EXPENSES $5,228,812

Year-over-Year Comparison

	2024	2023	Change
Revenue	$6,341,522	$5,688,990	+0.1%
Expenses	$5,228,812	$4,710,406	+0.1%
Net Income	$1,112,710	$978,584	+0.1%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$552,946

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Kenny Fernald	PRESIDENT & CEO	39.00	Officer	$247,785	$52,008	$299,793
Jennifer King	VP Bus Strategy	39.00	Officer	$116,592	$9,327	$125,919
Marissa Robbins	CFO	37.00	Officer	$92,480	$16,022	$108,502
Carla Brooks	CFO	37.00	Officer	$16,442	$2,290	$18,732
James Pennefeather	Director	1.00	Director	$0	$0	$0
STEVE WAYMAN	Vice Chair	1.00	Officer Director	$0	$0	$0
Lou McKeage	Director	1.00	Director	$0	$0	$0
Kelly Storm	Director	1.00	Director	$0	$0	$0
Alecia Lashier	Director	1.00	Director	$0	$0	$0
Maria Wilson	Secretary	1.00	Officer Director	$0	$0	$0
Ferris Akel III	Director	1.00	Director	$0	$0	$0
John Martin	Treasurer	1.00	Officer Director	$0	$0	$0
Rafaela Spence	Director	1.00	Director	$0	$0	$0
John May CPA	Director	1.00	Director	$0	$0	$0
William Emmons	Director	1.00	Director	$0	$0	$0
KEITH JAMBA	Chairman	1.00	Officer Director	$0	$0	$0
Cory Jacobs	Director	1.00	Director	$0	$0	$0
JOHN MASTRONARDI	Director	1.00	Director	$0	$0	$0
KARL WOKAN	Director	1.00	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	$6,341,522	$5,228,812	$15,288,018	$1,112,710
2024	$5,688,990	$4,710,406	$14,204,733	$978,584
2023	$4,407,011	$4,367,914	$14,300,201	$39,097
2022	$4,402,456	$3,975,174	$14,211,019	$427,282
2021	$4,788,820	$4,686,257	$15,814,288	$102,563
2020	$4,721,844	$5,316,962	$14,700,765	$-595,118
2019	$4,743,895	$5,274,005	$14,986,871	$-530,110
2018	$4,194,781	$4,951,139	$14,899,430	$-756,358

ASSOCIATION FOR VISION REHABILITATION AND EMPLOYMENT INC