VISION FOUNDATION

🔒

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

2013

Legal Domicile

Principal Officer

BRIAN FRICK

Phone

6053283937

Tax Period

2023-01-01 to 2023-12-31

VISION FOUNDATION, founded in 2013, is a micro nonprofit that reported $69K in total revenue in fiscal year 2023. Revenue fell 62% from the prior year — a significant decline worth monitoring. Expenses of $175K exceeded revenue, resulting in a 153% operating deficit.

Mission

TO PROMOTE EYE HEALTH AND VISION CARE BY PROVIDING VISION RELATED PROGRAMS FOR DISADVANTAGED PATIENTS, EDUCATION ON OPHTHALMOLOGY AND OPTOMETRY & PARTNERING WITH ORGANIZATIONS WITH SIMILAR GOALS & PURPOSES

Program Service Accomplishments

Program 1

Expenses: $169,182 Revenue: $69,440

THE FOUNDATION PROVIDED AND SUPPORTED VISION RELATED PROGRAMS FOR DISADVANTAGED PATIENTS. SURGERIES WERE PROVIDED TO 4 PATIENTS IN 2023. THESE PATIENTS ARE VETTED THROUGH A NATIONAL ORGANIZATION AND SERVICES ARE FUNDED BY IN-KIND DONATIONS. ADDITIONALLY, THE FOUNDATION PROMOTES AND SUPPORTS EDUCATION IN THE FIELD OF OPHTHALMOLOGY AND OPTOMETRY THROUGH SYMPOSIUMS, SEMINARS, PUBLICATIONS, AND OTHER EDUCATIONAL EFFORTS.

🔒

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 $0

Program Service Revenue $69,440

Investment Income $0

Other Revenue $0

TOTAL REVENUE $69,440

Expense Breakdown

Grants Paid $45,016

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $169,182

Other Expenses $130,408

TOTAL EXPENSES $175,424

Year-over-Year Comparison

	2023	2022	Change
Revenue	$69,440	$183,347	-0.6%
Expenses	$175,424	$166,317	+0.1%
Net Income	$-105,984	$17,030	-7.2%

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

N/A

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
MATT JENSEN	PRESIDENT	4.00	Officer Director	$0	$0	$0
TOM MCDOWELL	BOARD MEMBER	1.00	Director	$0	$0	$0
BILL LINDQUST	BOARD MEMBER	1.00	Director	$0	$0	$0
STEVE KIRBY	BOARD MEMBER	1.00	Director	$0	$0	$0
MICHELLE LAVALLEE	BOARD MEMBER	1.00	Director	$0	$0	$0
BRIAN FRICK	VP/SECRETARY/TREASURER	4.00	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
2023	$69,440	$175,424	No data	$-105,984
2022	$183,347	$166,317	$105,984	$17,030
2021	$186,607	$135,787	$97,062	$50,820
2020	$129,846	$113,468	$38,134	$16,378
2019	$165,016	$166,241	$22,772	$-1,225
2018	$111,560	$107,520	$22,981	$4,040