PROGRESSIVE VISION INTERNATIONAL INC (EIN 232062334) - 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

1977

Legal Domicile

Principal Officer

THOMAS D HESS

Tax Period

2023-01-01 to 2023-12-31

PROGRESSIVE VISION INTERNATIONAL INC, founded in 1977, is a community nonprofit in the Religion sector that reported $3.7M in total revenue in fiscal year 2023. Revenue surged 34% from the prior year, signaling strong growth momentum.

Mission

THE ORGANIZATION HOSTS PRAYER CONFERENCES IN ISRAEL AND ALL THROUGHOUT THE WORLD. THE PRAYER GROUPS PRAY SPECIFICALLY FOR ISRAEL AND FOR WORLD PEACE THROUGHOUT THE ENTIRE YEAR.

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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 $1,240,891

Program Service Revenue $2,344,646

Investment Income $3,658

Other Revenue $92,773

TOTAL REVENUE $3,681,968

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $3,270,822

Other Expenses $3,664,899

TOTAL EXPENSES $3,664,899

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,681,968	$2,744,013	+0.3%
Expenses	$3,664,899	$2,779,133	+0.3%
Net Income	$17,069	$-35,120	-1.5%

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

N/A

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

$103,917

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KATHERINE HESS	VICE PRESIDENTSECRETARY	40.00	Officer	$58,080	$0	$58,080
THOMAS D HESS	PRESIDENT	50.00	Officer	$45,837	$0	$45,837
JEFF LOWENTHAL	DIRECTOR	1.00	Director	$0	$0	$0
AFEEF HALASHAH	DIRECTOR	1.00	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	$3,681,968	$3,664,899	$3,428,110	$17,069
2023	$3,681,968	$3,664,899	$3,428,110	$17,069
2022	$2,744,013	$2,779,133	$3,412,091	$-35,120
2022	$2,744,013	$2,779,133	$3,412,091	$-35,120
2021	$1,399,666	$1,452,580	$3,450,261	$-52,914
2020	$1,422,873	$1,239,355	$3,498,475	$183,518
2019	$3,970,893	$3,334,638	$3,317,251	$636,255
2019	$3,970,893	$3,334,638	$3,317,251	$636,255
2018	$4,714,961	$4,112,462	$2,738,050	$602,499

PROGRESSIVE VISION INTERNATIONAL INC