NEW VISION FOR INDEPENDENCE INC (EIN 203288751) - 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

2005

Legal Domicile

Principal Officer

CHANTEL BUCK

Phone

3526077607

Tax Period

2023-10-01 to 2024-09-30

NEW VISION FOR INDEPENDENCE INC, founded in 2005, is a small nonprofit in the Human Services sector that reported $760K in total revenue in fiscal year 2023. Revenue surged 21% from the prior year, signaling strong growth momentum. Expenses of $650K left a modest 15% surplus.

Mission

PROVIDE REHABILITATION, COMMUNITY EDUCATION, AND SUPPORT SERVICES FOR PEOPLE WITH LOW VISION OR BLINDNESS, AND THEIR FAMILIES, TO PROMOTE INDEPENDENCE, ACCEPTANCE, AND SELF-CONFIDENCE.

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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 $170,896

Program Service Revenue $564,289

Investment Income $30

Other Revenue $25,202

TOTAL REVENUE $760,417

Expense Breakdown

Grants Paid $0

Salaries & Benefits $494,687

Fundraising Expenses $25,609

Program Expenses $577,292

Other Expenses $155,005

TOTAL EXPENSES $649,692

Year-over-Year Comparison

	2023	2022	Change
Revenue	$760,417	$630,040	+0.2%
Expenses	$649,692	$600,647	+0.1%
Net Income	$110,725	$29,393	+2.8%

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

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

$71,932

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NATALIE WERNER	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
COLLEEN KOLLMANN	BOARD VICE CHAIR	1.00	Officer Director	$0	$0	$0
SARAH PAYNE	SECRETARY	1.00	Officer Director	$0	$0	$0
SCOTT MACK	TREASURER	1.00	Officer Director	$0	$0	$0
WILFURD BROWN	BOARD MEMBER	1.00	Director	$0	$0	$0
TARA BAIRD	BOARD MEMBER	1.00	Director	$0	$0	$0
CHANTEL BUCK	PRESIDENT/CEO	40.00	Officer	$67,358	$4,574	$71,932

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	$760,417	$649,692	$606,035	$110,725
2023	$630,040	$600,647	$344,489	$29,393
2022	$534,085	$586,425	$294,497	$-52,340
2021	$608,160	$477,463	$358,422	$130,697
2020	$446,503	$426,003	$277,311	$20,500
2019	$445,997	$446,854	$176,126	$-857
2018	$416,703	$459,245	$175,812	$-42,542

NEW VISION FOR INDEPENDENCE INC