VISION LOSS ALLIANCE OF NEW JERSEY INC (EIN 221592609) - 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

1943

Legal Domicile

Principal Officer

KELLY BLEACH

Phone

9736270055

Tax Period

2025-01-01 to 2025-12-31

VISION LOSS ALLIANCE OF NEW JERSEY INC, founded in 1943, is a small nonprofit that reported $852K in total revenue in fiscal year 2025. Expenses of $1.5M exceeded revenue, resulting in a 70% operating deficit.

Mission

TO PROVIDE EMOTIONAL SUPPORT AND PRACTICAL TRAINING TO HELP ADULTS WHO BECOME BLIND OR VISUALLY IMPAIRED RETURN TO A FULL AND MEANINGFUL LIFE; ADJUST TO VISION LOSS, ACQUIRE INDEPENDENT LIVING SKILLS AND REGAIN THEIR PHYSICAL AND MENTAL HEALTH.

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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 (2025)

Revenue Breakdown

Contributions & Grants $440,111

Program Service Revenue $116,148

Investment Income $269,088

Other Revenue $26,945

TOTAL REVENUE $852,292

Expense Breakdown

Grants Paid $0

Salaries & Benefits $981,946

Fundraising Expenses $153,935

Program Expenses $1,027,334

Other Expenses $468,327

TOTAL EXPENSES $1,450,273

Year-over-Year Comparison

	2025	2024	Change
Revenue	$852,292	$790,686	+0.1%
Expenses	$1,450,273	$1,239,814	+0.2%
Net Income	$-597,981	$-449,128	+0.3%

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

Total Directors

$160,212

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILLIAM SCHULDT	President & CEO	40.00	Director	$160,212	$0	$160,212
ANTHONY DIPONIO	Trustee	2.00	Director	$0	$0	$0
MICHAEL TRANQUILLI	Trustee	2.00	Director	$0	$0	$0
PHILIP SO	Trustee	2.00	Director	$0	$0	$0
TZU-LIN TONER	Trustee	2.00	Director	$0	$0	$0
TAJMA KOTORIC	Trustee	2.00	Director	$0	$0	$0
LUKAS FRANCK	Trustee	2.00	Director	$0	$0	$0
FRANK CAFASSO	Trustee	2.00	Director	$0	$0	$0
CHRIS REICHERT	Treasurer	3.00	Officer	$0	$0	$0
KELLY BLEACH	BOARD CHAIR	3.00	Officer	$0	$0	$0
CAROL BURGIO	Secretary	3.00	Officer	$0	$0	$0
MING WU	VICE CHAIR	3.00	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
2025	$852,292	$1,450,273	$7,522,318	$-597,981
2024	$790,686	$1,239,814	$6,482,091	$-449,128
2023	$1,992,217	$1,130,729	$6,890,309	$861,488
2022	$685,205	$991,343	$6,818,392	$-306,138
2021	$1,824,430	$873,353	$8,576,163	$951,077
2020	$768,978	$878,371	$6,888,222	$-109,393
2019	$763,810	$968,929	$6,054,799	$-205,119
2018	$337,267	$897,719	$5,385,351	$-560,452

VISION LOSS ALLIANCE OF NEW JERSEY INC