VISUAL COMPASSION INC

EIN: 262174933 501(c)(3) Diseases & Disorders

Houston, TX

Total Revenue
$283,424
Total Expenses
$326,933
Total Assets
$241,468
Net Assets
$241,468
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
TX
Principal Officer
Joseph Dollak
Phone
2814577477
Tax Period
2024-01-01 to 2024-12-31

VISUAL COMPASSION INC, founded in 2008, is a small nonprofit in the Diseases & Disorders sector that reported $283K in total revenue in fiscal year 2024. Revenue decreased 18% compared to the prior year. Expenses of $327K exceeded revenue, resulting in a 15% operating deficit.

Mission

Visual Compassion provides free and/or low cost vision care services and products to underserved communities. As part of community vision care services and products, we provide job training and work therapy for individuals completing rehabilitation in addiction and substance abuse. Operational costs are achievable by supplying international ministries with vision products and program services, which multiplies volume of material goods and thus greatly lowering cogs.

Program Service Accomplishments

Program 1
Expenses: $186,917 Revenue: $51,375

Visual Compassion provides free and low cost vision care services and products to underserved communities through 2 optometric clinics. (Yale clinic closed 10/31/24) The services include vision...

Read more

Visual Compassion provides free and low cost vision care services and products to underserved communities through 2 optometric clinics. (Yale clinic closed 10/31/24) The services include vision screenings, diabetic health screenings, glaucoma screenings, eye exams, visual perception evaluations to offer 50% + of our selection for free. The remaining frames start at $10 - $35. Lenses start at $10. These services are available due to our donations and the job training component of our programs listed in 4b. In 2015, we replicated our program in Fond-des-Negres, Haiti and we are please to say that it is going well. We have stopped our screenings and increased our clinic exams during the COVID-19 period. We continue to support referral vouchers from community organizations for free and/or low cost vision exams. 2017 eye exams for $20 were performed helping families across Houston. We often have people drive 1-2.5 hours to take advantage of the services we offer. 38 Free exams were given to the recovery community of Houston.

Program 2
Expenses: $53,405 Revenue: $21,985

Visual Compassion provides job training and working internships in vision care sales and the production and assembly of eye glasses. The training program is focused on individuals transitioning out...

Read more

Visual Compassion provides job training and working internships in vision care sales and the production and assembly of eye glasses. The training program is focused on individuals transitioning out of rehabilitation programs for addiction, substance abuse, incarceration and single mothers. We still train the community how to use vision services with our community program.

Program 3
Expenses: $26,702 Revenue: $20,388

Visual Compassion helps optically train missionaries then supply missionaries and mission trips with very low cost eyeglasses products for use in areas often underserved or never served. We produce...

Read more

Visual Compassion helps optically train missionaries then supply missionaries and mission trips with very low cost eyeglasses products for use in areas often underserved or never served. We produce most of these items in our labs. We also make all of the local mission program glasses in house for the Houston area programs.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $112,193
Program Service Revenue $93,748
Investment Income $0
Other Revenue $77,483
TOTAL REVENUE $283,424

Expense Breakdown

Grants Paid $0
Salaries & Benefits $188,905
Fundraising Expenses $0
Program Expenses $267,024
Other Expenses $138,028
TOTAL EXPENSES $326,933

Year-over-Year Comparison

2024 2023 Change
Revenue $283,424 $347,434 -0.2%
Expenses $326,933 $349,002 -0.1%
Net Income $-43,509 $-1,568 +26.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
5
Independent Members
5
Employees
3
Volunteers
5

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
4
$135,000
Total Directors
5
$135,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Joseph Dollak OD CEO 60
Officer Director
$135,000 $0 $135,000
Marshall Coleman Chairman 0
Officer Director
$0 $0 $0
Mary Buchner Secretary 0
Officer Director
$0 $0 $0
Dale Toney Treasurer 0
Officer Director
$0 $0 $0
Karl Collins Director 0
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 $283,424 $326,933 $241,468 $-43,509
2023 $347,434 $349,002 $284,977 $-1,568
2022 $355,424 $368,037 $286,545 $-12,613
2021 $388,675 $395,870 $299,158 $-7,195
2020 $392,509 $371,814 $306,353 $20,695
Explore More Nonprofits
Top 100 Nonprofits in Texas Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare VISUAL COMPASSION INC with other nonprofits in Texas and across the country.