ILLINOIS SOCIETY FOR THE PREVENTION OF BLINDNESS (EIN 362167746) - 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

1916

Legal Domicile

Phone

3123636029

Tax Period

2024-04-01 to 2025-03-31

ILLINOIS SOCIETY FOR THE PREVENTION OF BLINDNESS, founded in 1916, is a small nonprofit that reported $612K in total revenue in fiscal year 2024. Revenue surged 133% from the prior year, signaling strong growth momentum. The organization ran a surplus of $198K, a strong 32% operating margin.

Mission

ISPB AIMS TO REDUCE PREVENTABLE CAUSES OF BLINDNESS BY EDUCATING THE PUBLIC ON THE NECESSITY FOR AND THE METHODS OF PREVENTING BLINDNESS BY ATTENDING HEALTH FAIRS AND PRESENTATIONS IN THE COMMUNITY, ENSURING ACCESS TO EYE CARE, FUNDING RESEARCH, AND PROVIDING LOW VISION EQUIPMENT TO THOSE WHO CANNOT AFFORD IT.

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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 $116,514

Program Service Revenue $0

Investment Income $495,593

Other Revenue $0

TOTAL REVENUE $612,107

Expense Breakdown

Grants Paid $99,390

Salaries & Benefits $0

Fundraising Expenses $23,879

Program Expenses $364,332

Other Expenses $314,525

TOTAL EXPENSES $413,915

Year-over-Year Comparison

	2024	2023	Change
Revenue	$612,107	$263,069	+1.3%
Expenses	$413,915	$382,943	+0.1%
Net Income	$198,192	$-119,874	-2.7%

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

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
Mary Elizabeth White	President	2.00	Officer Director	$0	$0	$0
Kara Crumbliss	Vice President	2.00	Officer Director	$0	$0	$0
Charles Bouchard	Vice President	2.00	Officer Director	$0	$0	$0
Thomas S Bridges	Secretary/Treas	2.00	Officer Director	$0	$0	$0
Fatima Ali MD	Director	1.00	Director	$0	$0	$0
Brenda Bohnsack MD PHD	Director	1.00	Director	$0	$0	$0
RV Paul Chan MD	Director	1.00	Director	$0	$0	$0
Michael Giovingo MD	Director	1.00	Director	$0	$0	$0
Seenu M Harisprasad	Director	1.00	Director	$0	$0	$0
Maureen LaRaviere MEd	Director	1.00	Director	$0	$0	$0
Matthew MacCumber MD PhD	Director	1.00	Director	$0	$0	$0
Janice Morris	Director	1.00	Director	$0	$0	$0
Chirantan Mukhopadhyay MD	Director	1.00	Director	$0	$0	$0
Yi Pang OD	Director	1.00	Director	$0	$0	$0
John S Pollack MD	Director	1.00	Director	$0	$0	$0
Daniel Roberts OD PhD	Director	1.00	Director	$0	$0	$0
Sarah Hilkert Rodriguez MD MPH	Director	1.00	Director	$0	$0	$0
Mark Rosenblatt MD PhD MBA MHA	Director	1.00	Director	$0	$0	$0
Jonathan Rubenstein MD	Director	1.00	Director	$0	$0	$0
Jon Ruderman MD	Director	1.00	Director	$0	$0	$0
Evan B Stubbs Jr PhD	Director	1.00	Director	$0	$0	$0
Melissa Suckow OD	Director	1.00	Director	$0	$0	$0
Lawrence Ulanski MD	Director	1.00	Director	$0	$0	$0
Nicholas Volpe MD	Director	1.00	Director	$0	$0	$0
David Yoo MD	Director	1.00	Director	$0	$0	$0
Elyse Fineman MPH MHA	Executive Dir.	20.00	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
2025	$612,107	$413,915	$5,715,424	$198,192
2024	$263,069	$382,943	$5,553,400	$-119,874
2023	$435,935	$392,370	$5,072,594	$43,565
2022	$689,945	$371,933	$5,911,039	$318,012
2021	$364,690	$335,908	$5,619,001	$28,782
2020	$390,249	$332,581	$4,606,288	$57,668
2019	$925,649	$334,823	$4,807,976	$590,826

ILLINOIS SOCIETY FOR THE PREVENTION OF BLINDNESS