WORLD OPTOMETRY FOUNDATION

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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

2000

Legal Domicile

Tax Period

2019-01-01 to 2019-12-31

WORLD OPTOMETRY FOUNDATION, founded in 2000, is a micro nonprofit in the Diseases & Disorders sector that reported $28K in total revenue in fiscal year 2019. Revenue fell 28% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $28K, a strong 99% operating margin.

Mission

TO FACILITATE THE ENHANCEMENT AND DEVELOPMENT OF EYE AND VISION CARE WORLDWIDE

Program Service Accomplishments

Program 1

Expenses: $267

DURING 2019 THE ORGANIZATION CONTINUED TO FOCUSE ON BOARD DEVELOPMENT AND PLANNING WITH THE ACHIEVEMENT OF SETTING GOALS FOR CARRYING OUT THE MISSION.

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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 (2019)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $28,037

Other Revenue $0

TOTAL REVENUE $28,037

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $267

Other Expenses $267

TOTAL EXPENSES $267

Year-over-Year Comparison

	2019	2018	Change
Revenue	$28,037	$38,681	-0.3%
Expenses	$267	$34,640	-1.0%
Net Income	$27,770	$4,041	+5.9%

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

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ARMIN DUDDEK	PRESIDENT	2.00	Officer Director	$0	$0	$0
DWIGHT AKERMAN	DIRECTOR	2.00	Director	$0	$0	$0
IAN DAVIES	DIRECTOR	2.00	Director	$0	$0	$0
PAUL FOLKESSON	DIRECTOR	2.00	Director	$0	$0	$0
SCOTT MUNDLE	DIRECTOR	2.00	Director	$0	$0	$0
HELMER SCHWEIZER	DIRECTOR	2.00	Director	$0	$0	$0
SUSAN COOPER	SECRETARY	2.00	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
2019	$28,037	$267	$647,647	$27,770
2018	$38,681	$34,640	$553,285	$4,041