Cedar Springs Vision Inc

EIN: 472350428 501(c)(3) Diseases & Disorders

Dallas, TX

Total Revenue
$236,404
Total Expenses
$210,135
Total Assets
$284,498
Net Assets
$284,498
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
TX
Principal Officer
Timothy Elinski
Phone
2145287354
Tax Period
2024-01-01 to 2024-12-31

Cedar Springs Vision Inc, founded in 2015, is a small nonprofit in the Diseases & Disorders sector that reported $236K in total revenue in fiscal year 2024. Revenue decreased 5% compared to the prior year. Expenses of $210K left a modest 11% surplus.

Mission

Provide low-cost eyeglasses to low-income residents

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $24,902
Program Service Revenue $211,502
Investment Income $0
Other Revenue $0
TOTAL REVENUE $236,404

Expense Breakdown

Grants Paid $0
Salaries & Benefits $143,628
Fundraising Expenses $0
Program Expenses $210,135
Other Expenses $66,507
TOTAL EXPENSES $210,135

Year-over-Year Comparison

2024 2023 Change
Revenue $236,404 $249,585 -0.1%
Expenses $210,135 $223,717 -0.1%
Net Income $26,269 $25,868 +0.0%
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

Sign In

Governance

Voting Members
3
Independent Members
2
Employees
3
Volunteers
2

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
1
$67,308
Total Directors
0
$0
Key Employees
1
$67,308
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Timothy Elinski President/Director 35.00
Officer Key Emp Highest
$67,308 $0 $67,308
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 $236,404 $210,135 $284,498 $26,269
2019 $184,770 $89,134 No data $95,636
2018 $394,724 $148,460 No data $246,264
Explore More Nonprofits
→Top 100 Nonprofits in Texas →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare Cedar Springs Vision Inc with other nonprofits in Texas and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.