FOUNDATION FOR VISION REHABILITATION AND EMPLOYMENT INC (EIN 161576219) - 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

1999

Legal Domicile

Phone

6077242428

Tax Period

2024-07-01 to 2025-06-30

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.

Mission

TO FINANCIALLY AID THE ASSOCIATION FOR VISION REHABILITATION AND EMPLOYMENT, INC. IN ITS ENDEAVORS.

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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 $0

Program Service Revenue $0

Investment Income $389,030

Other Revenue $0

TOTAL REVENUE $389,030

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $784,317

Other Expenses $806,085

TOTAL EXPENSES $806,085

Year-over-Year Comparison

	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%

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

$552,946

Total Directors

Key Employees

Highest Compensated

reported

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

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	$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

FOUNDATION FOR VISION REHABILITATION AND EMPLOYMENT INC