THE VISION INSTITUTE OF SOUTH CAROLINA I (EIN 272918119) - 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

2010

Legal Domicile

Principal Officer

JEANIE FARMER

Phone

8036278847

Tax Period

2024-01-01 to 2024-12-31

THE VISION INSTITUTE OF SOUTH CAROLINA I, founded in 2010, is a small nonprofit that reported $446K in total revenue in fiscal year 2024. Revenue fell 42% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $439K, a strong 99% operating margin.

Mission

THE VISION INSTITUTE OF SOUTH CAROLINA, INC. WAS FOUNDED TO PROVIDE SPECIALIZED, EXEMPLARY SERVICES TO PROMOTE ACHIEVEMENT AND INDEPENDENCE FOR PEOPLE WHO ARE VISUALLY IMPAIRED OR BLIND.

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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 (2024)

Revenue Breakdown

Contributions & Grants $425,681

Program Service Revenue $19,168

Investment Income $27

Other Revenue $763

TOTAL REVENUE $445,639

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,330

Fundraising Expenses $0

Program Expenses $6,399

Other Expenses $5,136

TOTAL EXPENSES $6,466

Year-over-Year Comparison

	2024	2023	Change
Revenue	$445,639	$771,477	-0.4%
Expenses	$6,466	$512,765	-1.0%
Net Income	$439,173	$258,712	+0.7%

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SUZANNE SWAFFIELD	PRESIDENT & CEO	3.00	Officer Director	$0	$0	$0
KARI ARNOLD	VICE PRESIDENT	3.00	Officer Director	$0	$0	$0
JEANIE FARMER	EXECUTIVE DIRECTOR	40.00	Officer Director	$0	$0	$0
ELIZABETH MCKOWN	BOARD MEMBER	3.00	Director	$0	$0	$0
NANCY BUCHANAN	BOARD MEMBER	3.00	Director	$0	$0	$0
CAROL MABRY	BOARD MEMBER	3.00	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	$445,639	$6,466	No data	$439,173
2023	$771,477	$512,765	$56,955	$258,712
2022	$630,022	$611,746	$407,922	$18,276
2021	$613,258	$600,099	$399,724	$13,159
2020	$646,351	$605,487	$387,153	$40,864
2019	$670,813	$564,513	$345,185	$106,300
2018	$646,327	$619,333	$238,356	$26,994

THE VISION INSTITUTE OF SOUTH CAROLINA I