TARRANT EYE RESOURCES INC (EIN 201637097) - 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

2004

Legal Domicile

Principal Officer

BRETT RAMSEY

Tax Period

2023-01-01 to 2023-12-31

TARRANT EYE RESOURCES INC, founded in 2004, is a small nonprofit in the Medical Research sector that reported $530K in total revenue in fiscal year 2023. Revenue grew 19% year-over-year, indicating healthy expansion.

Mission

HARVESTING CORNEAS AND PROVIDING THEM FOR TRANSPLANT

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $518,318

Investment Income $-105,782

Other Revenue $117,915

TOTAL REVENUE $530,451

Expense Breakdown

Grants Paid $0

Salaries & Benefits $258,104

Fundraising Expenses $0

Program Expenses $497,294

Other Expenses $277,268

TOTAL EXPENSES $535,372

Year-over-Year Comparison

	2023	2022	Change
Revenue	$530,451	$446,778	+0.2%
Expenses	$535,372	$1,084,044	-0.5%
Net Income	$-4,921	$-637,266	-1.0%

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

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

$70,833

Total Directors

Key Employees

$23,659

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRETT RAMSEY	PRESIDENT	40.00	Officer	$70,833	$0	$70,833
JOSEPH SHELTON	ACCOUNTANT	10.00	Key Emp	$23,659	$0	$23,659
RICHARD CARR	MEMBER AT LARGE	2.00	Director	$0	$0	$0
BOBBY BREED	CHAIRMAN	2.00	Officer Director	$0	$0	$0
ANTHONY FORMBY	TREASURER	2.00	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
2024	No data	No data	No data	No data
2023	$530,451	$535,372	$473,688	$-4,921
2022	$446,778	$1,084,044	$552,814	$-637,266
2021	$1,092,052	$1,283,097	$1,198,647	$-191,045
2020	$869,259	$1,426,936	$1,528,823	$-557,677
2019	$1,559,968	$1,693,202	$1,969,181	$-133,234
2018	$2,034,541	$1,406,029	$1,997,522	$628,512

TARRANT EYE RESOURCES INC