VISION-AID INCORPORATED

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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

2004

Legal Domicile

Principal Officer

LALIT SUDAN

Phone

7813335252

Tax Period

2024-07-01 to 2025-06-30

VISION-AID INCORPORATED, founded in 2004, is a community nonprofit in the Diseases & Disorders sector that reported $1.3M in total revenue in fiscal year 2024. Revenue surged 75% from the prior year, signaling strong growth momentum. The organization ran a surplus of $236K, a strong 18% operating margin.

Mission

PROVIDE REHABILITATION AND TRAINING FOR THE VISUALLY IMPAIRED.

Program Service Accomplishments

Program 1

Expenses: $551,399

VISION-AID CHARITABLE SERVICES (VACS) BASED IN VISAKHAPATNAM (VIZAG) INDIA IS VISION-AID'S NODAL PARTNER. IN ADDITION TO RUNNING TWO TRAINING CENTERS FOR THE VISUALLY IMPAIRED IN VIZAG, VACS ALSO...

VISION-AID CHARITABLE SERVICES (VACS) BASED IN VISAKHAPATNAM (VIZAG) INDIA IS VISION-AID'S NODAL PARTNER. IN ADDITION TO RUNNING TWO TRAINING CENTERS FOR THE VISUALLY IMPAIRED IN VIZAG, VACS ALSO SUPPORTS SEVERAL VIRTUAL PROGRAMS FOR TRAINING OF THE VISUALLY IMPAIRED ALL OVER INDIA. THESE PROGRAMS INCLUDE TRAINING IN COMPUTERS, SPOKEN ENGLISH, MOBILE TECHNOLOGIES, COMPUTER PROGRAMMING AND TESTING. ALL OF THESE TRAINING PROGRAMS AIM TO ENABLE, EDUCATE AND EMPOWER THE VISUALLY IMPAIRED TO LIVE WITH INDEPENDENCE AND DIGNITY BY BECOMING GAINFULLY EMPLOYED.

Program 2

Expenses: $151,510

VISION-AID WAS INVOLVED IN THE FOLLOWING ADDITIONAL PROGRAMS:COMMUNITY EYE CARE FDN, PUNE-5,877; DIGITAL MAGNIFIFIERS FOR VISUALLY IMPAIRED-31,250; DR SHROFF EYE HOSPITAL- 2,465; MARKETING FOR...

VISION-AID WAS INVOLVED IN THE FOLLOWING ADDITIONAL PROGRAMS:COMMUNITY EYE CARE FDN, PUNE-5,877; DIGITAL MAGNIFIFIERS FOR VISUALLY IMPAIRED-31,250; DR SHROFF EYE HOSPITAL- 2,465; MARKETING FOR DIGITAL ACCESSIBILITY CENTER- 495; MOOC'S FEES FOR STUDENTS- 49; NETHRA, VIZAG- 1,271;SANKAR NETRALAYA- 10,542; SMART PHONES PROGRAM- MATCHING TFLF- 4,100; VISION-AID AGRA PROJECT- IOSTAR-PERKINS-31,209; VOLUNTEER HEALTH SERVICES, CHENNAI- 7,382. ALONG WITH ITS PARTNERS, VISION- AID IS PRINCIPALLY INVOLVED IN PROVIDING LOW VISION SCREENING, LOW VISION DEVICES, ASSISTIVE TECHNOLOGY AND TRAINING IN COMPUTERS, MOBILE TECHNOLOGIES, ORIENTATION AND MOBILITY.

Program 3

Expenses: $209,167

THE VISION-AID RESOURCE CENTER IN COOPERATION WITH SHG TECHNOLOGIES PVT LTD IN KARNATAKA, INDIA, AND HYDERABAD EYE INSTITUTE IN INDIA TO FOSTER INNOVATION IN LOW-COST ADVANCED ASSISTIVE TECHNOLOGY...

THE VISION-AID RESOURCE CENTER IN COOPERATION WITH SHG TECHNOLOGIES PVT LTD IN KARNATAKA, INDIA, AND HYDERABAD EYE INSTITUTE IN INDIA TO FOSTER INNOVATION IN LOW-COST ADVANCED ASSISTIVE TECHNOLOGY SOLUTIONS; TO SET UP A DEVICE FUND, FOR DISTRIBUITON OF LOW-COST AND SUBSIDIZED DEVICES TO POOR VISUALLY IMPAIRED PATIENTS; TO DEVELOP ADVANCED TRAINING PROGRAMS FOR THE VISUALLY IMPAIRED AND FOR EYE CARE PROFESSIONALS.

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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 $1,231,027

Program Service Revenue $0

Investment Income $67,564

Other Revenue $0

TOTAL REVENUE $1,298,591

Expense Breakdown

Grants Paid $883,303

Salaries & Benefits $0

Fundraising Expenses $43,504

Program Expenses $912,076

Other Expenses $179,466

TOTAL EXPENSES $1,062,769

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,298,591	$741,714	+0.8%
Expenses	$1,062,769	$464,998	+1.3%
Net Income	$235,822	$276,716	-0.1%

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

200

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
LALIT SUDAN	PRESIDENT	10.00	Officer Director	$0	$0	$0
SUDHIR VARMA	TREASURER	10.00	Officer Director	$0	$0	$0
RAMAKRISHNA RAJU	CLERK	10.00	Officer Director	$0	$0	$0
REVATHY RAMAKRISHNA	VICE PRESIDE	10.00	Officer Director	$0	$0	$0
HIRAL DESAI	DIRECTOR	1.00	Director	$0	$0	$0
ARATHY KARTHA	DIRECTOR	1.00	Director	$0	$0	$0
SYED ALI RIZVI	DIRECTOR	1.00	Director	$0	$0	$0
SANJAY KUDRIMOTI	DIRECTOR	1.00	Director	$0	$0	$0
RAVI RASTOGI	DIRECTOR	1.00	Director	$0	$0	$0
RAMKUMAR RAMAMIRTHAM	DIRECTOR	1.00	Director	$0	$0	$0
SUNDAR SUBRAMANYAM	DIRECTOR	1.00	Director	$0	$0	$0
JAYA VATSYAYAN	DIRECTOR	1.00	Director	$0	$0	$0
UJWALA PHENE	DIRECTOR	1.00	Director	$0	$0	$0
SONAL BAKRE	DIRECTOR	1.00	Director	$0	$0	$0
APARNA RAGHURAM	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	$1,298,591	$1,062,769	$1,699,043	$235,822
2024	$741,714	$464,998	$1,460,044	$276,716
2024	$741,714	$464,998	$1,460,044	$276,716
2023	$936,559	$472,820	$1,182,448	$463,739
2022	$486,957	$451,699	$719,092	$35,258
2021	$524,151	$209,553	$683,223	$314,598