VISK INC

EIN: 222738425 501(c)(3) Health Care

BUFFALO, NY

Total Revenue
$368,941
Total Expenses
N/A
Total Assets
$3,751,970
Net Assets
$3,450,670
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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
1985
Legal Domicile
NY
Principal Officer
DONALD BOYD
Phone
7168598501
Tax Period
2023-01-01 to 2023-12-31

VISK INC, founded in 1985, is a small nonprofit in the Health Care sector that reported $369K in total revenue in fiscal year 2023.

Mission

VISK, INC. IS A CORPORATION WHICH IS INTENDED TO HOLD INVESTMENTS IN JOINT VENTURES PROVIDING HEALTH CARE RELATED SERVICES TO THE COMMUNITY.

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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 $0
Program Service Revenue $368,941
Investment Income $0
Other Revenue $0
TOTAL REVENUE $368,941

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $0
TOTAL EXPENSES $0

Year-over-Year Comparison

2023 2022 Change
Revenue $368,941 $363,533 +0.0%
Expenses N/A N/A N/A
Net Income N/A $363,533 N/A
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
2
Independent Members
N/A
Employees
N/A
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
2
$4,314,858
Total Directors
2
$4,314,858
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DONALD BOYD PRESIDENT 0.50
Officer Director
$0 $81,886 $3,364,450
MATT DRAKE SECRETARY & TREASURER 0.50
Officer Director
$0 $32,684 $950,408
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 $368,941 No data $3,751,970 No data
2022 $363,533 No data $3,383,029 No data
2021 $398,102 $250 $3,019,496 $397,852
2020 $381,202 $250 $2,621,394 $380,952
2019 $536,183 $250 $2,240,192 $535,933
2018 $258,597 $250 $1,703,909 $258,347
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