Prevent Blindness Virginia Real Es… - Form 990 Financial Data

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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

1999

Legal Domicile

Principal Officer

Timothy L Gresham

Phone

8044232020

Tax Period

2024-04-01 to 2025-03-31

Prevent Blindness Virginia Real Estate aka National Society to Prevent Blindnes, founded in 1999, is a community nonprofit in the Community Improvement sector that reported $1.7M in total revenue in fiscal year 2024. Revenue surged 1140% from the prior year, signaling strong growth momentum.

Mission

The organization's primary purpose is to hold title to property, collect income from that property, and turn over the net income to Conexus.

Program Service Accomplishments

Program 1

The organization's primary purpose is to hold title to property, collect income from that property, and turn over the net income to Conexus.

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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 $0

Program Service Revenue $0

Investment Income $1,705,049

Other Revenue $-10,019

TOTAL REVENUE $1,695,030

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $1,658,579

TOTAL EXPENSES $1,658,579

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,695,030	$136,672	+11.4%
Expenses	$1,658,579	$323,400	+4.1%
Net Income	$36,451	$-186,728	-1.2%

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

$220,193

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
John D O'Neill Jr	Secretary	2.00	Director	$0	$0	$0
A Dale Cannady	Treasurer	2.00	Director	$0	$0	$0
Willis P Blackwood	Board Member	2.00	Director	$0	$0	$0
Timothy L Gresham	President	2.00	Officer	$0	$24,097	$220,193

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
2025	$1,695,030	$1,658,579	$321,210	$36,451
2024	$136,672	$323,400	$1,598,105	$-186,728
2023	$77,897	$22,075	$1,761,433	$55,822
2022	$213,284	$21,203	$1,683,536	$192,081
2021	$10,137	$19,811	$1,472,270	$-9,674
2020	$60,938	$98,901	$1,463,149	$-37,963
2019	$-42,708	$42,905	$1,372,961	$-85,613

Prevent Blindness Virginia Real Estate aka National Society to Prevent Blindnes