WANG FOUNDATION FOR SIGHT RESTORATION (EIN 200444743) - 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

2003

Legal Domicile

Principal Officer

MING X WANG MD PHD

Phone

6153218881

Tax Period

2024-01-01 to 2024-12-31

WANG FOUNDATION FOR SIGHT RESTORATION, founded in 2003, is a small nonprofit in the Diseases & Disorders sector that reported $259K in total revenue in fiscal year 2024. Revenue surged 355% from the prior year, signaling strong growth momentum. The organization ran a surplus of $82K, a strong 32% operating margin.

Mission

ORGANIZATION PAYS EXPENSES FOR INDIGENT PATIENTS & FAMILIES INCURRED WHILE QUALIFIED PATIENTS RECEIVE SIGHT RESTORATION SURGERY. EXPENSES INCLUDE SURGERY FEES & CERTAIN OTHER MEDICAL FEES, AS WELL AS TRAVEL & LODGING COST.

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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 $258,874

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $258,874

Expense Breakdown

Grants Paid $2,100

Salaries & Benefits $28,000

Fundraising Expenses $0

Program Expenses $3,679

Other Expenses $147,212

TOTAL EXPENSES $177,312

Year-over-Year Comparison

	2024	2023	Change
Revenue	$258,874	$56,946	+3.5%
Expenses	$177,312	$58,852	+2.0%
Net Income	$81,562	$-1,906	-43.8%

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
SHIRLEY ZEITLIN	DIRECTOR	1.00	Director	$0	$0	$0
CHARLES GRUMMON	DIRECTOR	1.00	Director	$0	$0	$0
RICE BROOCKS	DIRECTOR	1.00	Director	$0	$0	$0
DAVID SNODGRASS	DIRECTOR	1.00	Director	$0	$0	$0
HOWARD GENTRY	DIRECTOR	1.00	Director	$0	$0	$0
JIAN HUANG	DIRECTOR	1.00	Director	$0	$0	$0
JAMES LOOPER	DIRECTOR	1.00	Director	$0	$0	$0
TONYA SHERELL	DIRECTOR	1.00	Director	$0	$0	$0
BOB SIRCY	DIRECTOR	1.00	Director	$0	$0	$0
MING X WANG	FOUNDERPRESIDENT	15.00	Officer	$0	$0	$0
LEONA WALTHORN	SECRETARY	12.00	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	$258,874	$177,312	$160,392	$81,562

WANG FOUNDATION FOR SIGHT RESTORATION