VISIONSPRING INC (EIN 311811558) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

2001

Legal Domicile

Principal Officer

ELLA GUDWIN

Phone

2123555145

Tax Period

2023-01-01 to 2023-12-31

VISIONSPRING INC, founded in 2001, is a mid-sized nonprofit in the Philanthropy & Grantmaking sector that reported $10.5M in total revenue in fiscal year 2023. Revenue fell 55% from the prior year — a significant decline worth monitoring. Net assets of $28.6M represent 33 months of operating reserves.

Mission

TO PROVIDE EYEGLASSES AND VISION SCREENING TO UNDERSERVED POPULATIONS THROUGH GLOBAL 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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $9,888,771

Program Service Revenue $0

Investment Income $930,312

Other Revenue $-347,877

TOTAL REVENUE $10,471,206

Expense Breakdown

Grants Paid $3,351,860

Salaries & Benefits $2,412,435

Fundraising Expenses $1,251,379

Program Expenses $7,828,374

Other Expenses $5,107,635

TOTAL EXPENSES $10,871,930

Year-over-Year Comparison

	2023	2022	Change
Revenue	$10,471,206	$23,044,422	-0.5%
Expenses	$10,871,930	$8,991,343	+0.2%
Net Income	$-400,724	$14,053,079	-1.0%

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

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

$673,312

Total Directors

$169,222

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DR JORDAN KASSALOW	FOUNDER/SECRETARY/VICE CHAIR	20.00	Officer Director	$169,222	$0	$169,222
VIPUL BHAGAT	CHAIR	1.00	Officer Director	$0	$0	$0
JUDITH AIDOO	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT BO HOPKINS	DIRECTOR	1.00	Director	$0	$0	$0
JIM BRADY	DIRECTOR	1.00	Director	$0	$0	$0
ANDREA CORAVOS	DIRECTOR	0.50	Director	$0	$0	$0
RAJESH DESAI	DIRECTOR	1.00	Director	$0	$0	$0
KAREN GUTIERREZ	DIRECTOR	1.00	Director	$0	$0	$0
CHERYL GREENE	DIRECTOR	0.50	Director	$0	$0	$0
KEVIN HASSEY	DIRECTOR	1.00	Director	$0	$0	$0
MIKE HUNDERT	DIRECTOR	1.00	Director	$0	$0	$0
CINDY LEVINE LEFT IN 2023	DIRECTOR	0.50	Director	$0	$0	$0
JAMIE A LEVITT	DIRECTOR	0.50	Director	$0	$0	$0
PENNY OUTLAW	DIRECTOR	0.10	Director	$0	$0	$0
NANCY ROSENZWEIG	DIRECTOR	1.00	Director	$0	$0	$0
RAHUL SAXENA	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN TRELSTAD	DIRECTOR	1.00	Director	$0	$0	$0
READE FAHS LEFT IN 2023	DIRECTOR	1.00	Director	$0	$0	$0
ELLA GUDWIN	CHIEF EXECUTIVE OFFICER	40.00	Officer	$259,672	$36,301	$295,973
VIVEK RATHI	GLOBAL VP, FINANCE	40.00	Officer	$165,918	$42,199	$208,117
JAMES NAYLOR	DIRECTOR OF TECHNOLOGY	40.00	Highest	$164,743	$37,685	$202,428
HEATHER ANN KOEHN	GLOBAL DIRECTOR, MARKETING & COMM.	40.00	Highest	$151,226	$20,355	$171,581
PERRY J SELLA	GLOBAL DIRECTOR, SUPPLY CHAIN	40.00	Highest	$129,790	$658	$130,448
SCOTT SCHROEDER	GLOBAL VP, GLOBAL MOBILIZAITON	40.00	Highest	$165,601	$21,567	$187,168
TEOBALDO R CAMEJO	GLOBAL VP, PEOPLE & CULTURE	40.00	Highest	$135,832	$29,590	$165,422

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	$10,471,206	$10,871,930	$29,389,184	$-400,724
2022	$23,044,422	$8,991,343	$29,273,477	$14,053,079
2021	$12,679,680	$7,997,846	$15,269,850	$4,681,834
2020	$8,574,674	$7,079,725	$11,241,248	$1,494,949
2019	$6,996,742	$5,940,817	$8,567,125	$1,055,925
2018	$6,232,081	$5,067,133	$6,927,501	$1,164,948

VISIONSPRING INC