VISION FORWARD ASSOCIATION INCORPORATED

EIN: 390808506 501(c)(3) Diseases & Disorders

MILWAUKEE, WI

Total Revenue
$2,972,815
Total Expenses
$3,306,424
Total Assets
$5,821,257
Net Assets
$5,571,306
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1920
Legal Domicile
WI
Principal Officer
JACLYN BORCHARDT
Phone
4146150100
Tax Period
2024-04-01 to 2025-03-31

VISION FORWARD ASSOCIATION INCORPORATED, founded in 1920, is a community nonprofit in the Diseases & Disorders sector that reported $3.0M in total revenue in fiscal year 2024. Expenses of $3.3M exceeded revenue, resulting in a 11% operating deficit.

Mission

EMPOWER, EDUCATE, AND ENHANCE THE LIVES OF IDIVIDUALS IMPACTED BY VISION LOSS THROUGH ALL OF LIFE'S TRANSITIONS.

Program Service Accomplishments

Program 1
Expenses: $1,194,034 Revenue: $431,285

CHILDREN'S PROGRAM: VISION FORWARD SERVED 204 CHILDREN THIS PAST YEAR, MORE THAN DOUBLING OUR IMPACT IN JUST FIVE YEARS. SPECIALLY TRAINED STAFF WORK WITH BABIES, TODDLERS, CHILDREN AND THEIR...

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CHILDREN'S PROGRAM: VISION FORWARD SERVED 204 CHILDREN THIS PAST YEAR, MORE THAN DOUBLING OUR IMPACT IN JUST FIVE YEARS. SPECIALLY TRAINED STAFF WORK WITH BABIES, TODDLERS, CHILDREN AND THEIR FAMILIES TO HELP YOUNG LEARNERS USE THEIR REMAINING VISION AND TO COMPENSATE FOR THEIR LOSS OF VISION WITH THEIR OTHER SENSES. INSTRUCTION AND SUPPORT ARE PROVIDED BY TEACHERS OF THE VISUALLY IMPAIRED (TVIS) AND THERAPISTS, INCLUDING OCCUPATIONAL, PHYSICAL, SPEECH-LANGUAGE AND MUSIC THERAPY. ORIENTATION AND MOBILITY TRAINING HELPS CHILDREN LEARN TO MOVE THROUGH THEIR ENVIRONMENT SAFELY, INCLUDING USING A WHITE CANE AND NAVIGATING STAIRS. SCHOOL-AGE CHILDREN TAKE PART IN ACTIVITIES CENTERED AROUND BRAILLE, ADAPTED RECREATION, AND TECHNOLOGY TO HELP PREPARE THEM FOR ADULTHOOD.

Program 2
Expenses: $1,137,378 Revenue: $367,240

VISION REHABILITATION: ADULTS EXPERIENCING SUDDEN LOSS OF VISION OR DEALING WITH AN AGE-RELATED EYE DISEASE SUCH AS MACULAR DEGENERATION, GLAUCOMA OR DIABETIC RETINOPATHY ACCESS VISION FORWARD'S...

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VISION REHABILITATION: ADULTS EXPERIENCING SUDDEN LOSS OF VISION OR DEALING WITH AN AGE-RELATED EYE DISEASE SUCH AS MACULAR DEGENERATION, GLAUCOMA OR DIABETIC RETINOPATHY ACCESS VISION FORWARD'S ADULT REHABILITATION SERVICES TO DEVELOP SKILLS AND ACCESS TOOLS THAT HELP COMPENSATE FOR VISUAL IMPAIRMENT OR BLINDNESS. TRAINING IS PROVIDED IN THE AREAS OF LOW VISION, DAILY LIVING (COOKING, CLEANING, ORGANIZATION), TECHNOLOGY, ORIENTATION, AND MOBILITY (SAFE TRAVEL AND USE OF THE WHITE CANE) AND BRAILLE. INDIVIDUAL AND GROUP SUPPORT IS COORDINATED BY OUR ON-STAFF SOCIAL WORKERS. LAST YEAR, VISION FORWARD'S ADULT REHABILITATION SERVICES PROVIDED TRAINING AND SUPPORT TO 1,070 ADULTS REFLECTING STEADY GROWTH IN OUR REACH AND IMPACT. THE ORGANIZATION HAD A 1,936 VOLUNTEER HOURS FOR THE 2024-25 FISCAL YEAR.

Program 3
Expenses: $169,566 Revenue: $142,903

VISION FORWARD STORE: THE VISION FORWARD STORE OFFERS PERSONAL RECOMMENDATIONS AND SELLS ADAPTIVE PRODUCTS FOR INDIVIDUALS WHO HAVE EXPERIENCED PARTIAL OR COMPLETE VISION LOSS. PRODUCTS RANGE FROM...

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VISION FORWARD STORE: THE VISION FORWARD STORE OFFERS PERSONAL RECOMMENDATIONS AND SELLS ADAPTIVE PRODUCTS FOR INDIVIDUALS WHO HAVE EXPERIENCED PARTIAL OR COMPLETE VISION LOSS. PRODUCTS RANGE FROM SIMPLE TO HIGH-TECH AND INCLUDE MAGNIFIERS (BOTH STANDARD AND ELECTRONIC), TALKING DEVICES, ITEMS WITH LARGE PRINT OR HIGH CONTRAST, AND PRODUCTS THAT HAVE TACTILE FEATURES. THIS LAST YEAR 1,254 CUSTOMERS MADE PURCHASES THROUGH THE VISION FORWARD STORE EITHER IN-PERSON, BY PHONE OR ONLINE TO REMAIN INDEPENDENT, MAINTAIN THEIR HEALTH AND ENHANCE THEIR QUALITY OF LIFE.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,704,808
Program Service Revenue $798,525
Investment Income $341,569
Other Revenue $127,913
TOTAL REVENUE $2,972,815

Expense Breakdown

Grants Paid $5,750
Salaries & Benefits $2,343,537
Fundraising Expenses $478,484
Program Expenses $2,514,656
Other Expenses $957,137
TOTAL EXPENSES $3,306,424

Year-over-Year Comparison

2024 2023 Change
Revenue $2,972,815 $3,019,436 0.0%
Expenses $3,306,424 $3,068,419 +0.1%
Net Income $-333,609 $-48,983 +5.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
14
Independent Members
14
Employees
46
Volunteers
58

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
8
$160,560
Total Directors
20
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CROCKER STEPHENSON PRESIDENT 4.00
Officer Director
$0 $0 $0
SHELBY ELIAS VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
JEAN FREUCK TREASURER BEGINNING 1/1/25 2.00
Officer Director
$0 $0 $0
DAVID R STRETLITZ SECRETARY 2.00
Officer Director
$0 $0 $0
ANISIO COREIA DIRECTOR BEGINNING 1/1/25 1.00
Director
$0 $0 $0
JAMES D DOBRINSKA CLU CIC DIRECTOR 1.00
Director
$0 $0 $0
TYLER DONAHUE DIRECTOR 1.00
Director
$0 $0 $0
LISA KONKEL DIRECTOR BEGINNING 1/1/25 1.00
Director
$0 $0 $0
CJ LANGE DIRECTOR 1.00
Director
$0 $0 $0
DAN LOCOCO DIRECTOR 1.00
Director
$0 $0 $0
KEVIN MEYERS DIRECTOR BEGINNING 1/1/25 1.00
Director
$0 $0 $0
JOSEPH SKOTARZAK DIRECTOR 1.00
Director
$0 $0 $0
NICHOLAS H TOSI MD DIRECTOR 1.00
Director
$0 $0 $0
SONJA WILLIAMS DIRECTOR 1.00
Director
$0 $0 $0
DEE MELLOR VICE PRESIDENT THROUGH 12/31/24 1.00
Officer Director
$0 $0 $0
DOUGLAS BRODZIK DIRECTOR THROUGH 12/31/24 1.00
Director
$0 $0 $0
KORINA HARMAN TREAURER THROUGH 12/31/24 1.00
Officer Director
$0 $0 $0
MICHAEL DANTE DIRECTOR THROUGH 12/31/24 1.00
Director
$0 $0 $0
DAVID LOBO PRESIDENT THROUGH 12/31/24 1.00
Officer Director
$0 $0 $0
GUILLERMO BANA DIRECTOR THROUGH 12/31/24 1.00
Director
$0 $0 $0
JACLYN BORCHARDT CHIEF EXECUTIVE OFFICER 40.00
Officer
$154,385 $6,175 $160,560
HEATHER HINSON OPTOMETRIST 40.00
Highest
$139,198 $30,073 $169,271
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 $2,972,815 $3,306,424 $5,821,257 $-333,609
2024 $3,019,436 $3,068,419 $6,594,985 $-48,983
2023 $2,381,863 $2,981,389 $6,641,566 $-599,526
2022 $2,817,896 $2,774,940 $6,770,094 $42,956
2021 $1,102,503 $2,511,682 $7,238,120 $-1,409,179
2020 $3,211,296 $3,210,815 $496,814 $481
2019 $2,682,125 $3,093,600 $505,911 $-411,475
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