VISION FOR INDEPENDENCE CENTER

EIN: 205900432 501(c)(3) Human Services

Yakima, WA

Total Revenue
$52,537
Total Expenses
$62,435
Total Assets
$196,795
Net Assets
$192,449
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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
2007
Legal Domicile
WA
Principal Officer
Christa Owen
Phone
5094528301
Tax Period
2023-01-01 to 2023-12-31

VISION FOR INDEPENDENCE CENTER, founded in 2007, is a micro nonprofit in the Human Services sector that reported $53K in total revenue in fiscal year 2023. Revenue decreased 10% compared to the prior year. Expenses of $62K exceeded revenue, resulting in a 19% operating deficit.

Mission

Low vision evaluations and devices

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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 (2023)

Revenue Breakdown

Contributions & Grants $45,397
Program Service Revenue $0
Investment Income $1,441
Other Revenue $5,699
TOTAL REVENUE $52,537

Expense Breakdown

Grants Paid $2,004
Salaries & Benefits $27,393
Fundraising Expenses $0
Program Expenses $62,435
Other Expenses $33,038
TOTAL EXPENSES $62,435

Year-over-Year Comparison

2023 2022 Change
Revenue $52,537 $58,208 -0.1%
Expenses $62,435 $47,665 +0.3%
Net Income $-9,898 $10,543 -1.9%
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
6
Independent Members
6
Employees
1
Volunteers
2

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
5
$0
Total Directors
0
$0
Key Employees
1
$24,934
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Heather Hough Clinic Director 30
Key Emp
$24,934 $0 $24,934
Chris Babin OD 2
Officer
$0 $0 $0
Byron Thomas OD 1
Officer
$0 $0 $0
Christa Owen Treasurer 2
Officer
$0 $0 $0
Jackelyn Meyer Secretary 1
Officer
$0 $0 $0
Lisa George President 2
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
2023 $52,537 $62,435 $196,795 $-9,898
2020 $64,082 $64,333 $206,231 $-251
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