VISION FOUNDATION (EIN 463586135) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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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 small nonprofit that reported $112K in total revenue in fiscal year 2018. Revenue fell 53% from the prior year — a significant decline worth monitoring. Expenses of $108K left a modest 4% surplus.

Mission

IMPROVE EYE-RELATED ACCESS AND DOCTOR EDUCATION THROUGHOUT THE MIDWEST.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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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

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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

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

VISION FOUNDATION