VISION-AID INCORPORATED

EIN: 201344017 501(c)(3) Diseases & Disorders

LEXINGTON, MA

Total Revenue
$1,298,591
Total Expenses
$1,062,769
Total Assets
$1,699,043
Net Assets
$1,694,343
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
MA
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.

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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%)

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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

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Governance

Voting Members
15
Independent Members
15
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
4
$0
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
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
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