BINGHAMTON, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)FOUNDATION FOR VISION REHABILITATION AND EMPLOYMENT INC, founded in 1999, is a small nonprofit in the Education sector that reported $389K in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year. Expenses of $806K exceeded revenue, resulting in a 107% operating deficit.
THE FOUNDATION IS ORGANIZED TO RECEIVE AND ACCEPT GIFTS AND CONTRIBTUIONS AND USE THEM FOR THE BENEFIT OF THE ASSOCIATION FOR VISION REHABILITATION AND EMPLOYMENT, INC.
THE FOUNDATION IS ORGANIZED TO RECEIVE AND ACCEPT GIFTS AND CONTRIBUTIONS AND USE THEM FOR THE BENEFIT OF THE ASSOCIATION FOR VISION REHABILITATION AND EMPLOYMENT, INC. THE FOUNDATION FINANCIALLY...
THE FOUNDATION IS ORGANIZED TO RECEIVE AND ACCEPT GIFTS AND CONTRIBUTIONS AND USE THEM FOR THE BENEFIT OF THE ASSOCIATION FOR VISION REHABILITATION AND EMPLOYMENT, INC. THE FOUNDATION FINANCIALLY AIDS THE ASSOCIATION FOR VISION REHABILITIATION AND EMPLOYMENT INC. IN ITS ENDEAVORS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $389,030 | $421,290 | -0.1% |
| Expenses | $806,085 | $1,303,123 | -0.4% |
| Net Income | $-417,055 | $-881,833 | -0.5% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Kenny Fernald | President & CEO | 1.00 |
Officer
|
$0 | $52,008 | $299,793 |
| Jennifer King | VP Bus Strategy | 1.00 |
Officer
|
$0 | $9,327 | $125,919 |
| Marissa Robbins | CFO | 3.00 |
Officer
|
$0 | $16,022 | $108,502 |
| Carla Brooks | CFO | 3.00 |
Officer
|
$0 | $2,290 | $18,732 |
| Karen McMullen | Chair | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| LOU MCKEAGE | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Nancy Dorfman | Vice Chair | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| BRENDA BROWN | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| John Martin | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Ferris Akel III | Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Steve Wayman | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| John May CPA | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Nolan Robinson | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Pastor Robert Peak | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Kristin Jamba | Secretary | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $389,030 | $806,085 | $6,205,224 | $-417,055 |
| 2024 | $421,290 | $1,303,123 | $6,340,743 | $-881,833 |
| 2023 | $2,210,656 | $957,994 | $6,764,558 | $1,252,662 |
| 2022 | $398,540 | $506,030 | $6,855,249 | $-107,490 |
| 2021 | $753,674 | $642,111 | $8,353,767 | $111,563 |
| 2020 | $204,447 | $421,985 | $6,993,819 | $-217,538 |
| 2019 | $315,464 | $481,078 | $6,991,929 | $-165,614 |
| 2018 | $333,624 | $503,688 | $7,049,393 | $-170,064 |
Compare FOUNDATION FOR VISION REHABILITATION AND EMPLOYMENT INC with other nonprofits in New York and across the country.