ALLIANCE FOR EYE AND VISION RESEAR… - Form 990 Financial Data

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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

1993

Legal Domicile

Principal Officer

DAN IGNASZEWSKI

Phone

2402212905

Tax Period

2023-01-01 to 2023-12-31

ALLIANCE FOR EYE AND VISION RESEARCH, founded in 1993, is a small nonprofit in the Health Care sector that reported $264K in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion.

Mission

TO ACHIEVE THE BEST VISION FOR ALL AMERICANS THROUGH EDUCATION ABOUT THE VALUE OF FEDERALLY FUNDED VISION RESEARCH.

Program Service Accomplishments

Program 1

Expenses: $193,780

RESEARCH SAVING SIGHT, RESTORING VISION INITIATIVE: AEVR EDUCATES POLICY MAKERS AND THE PUBLIC ABOUT THE VALUE OF EYE AND VISION RESEARCH. BEGINNING IN 2021, MOST OF AEVR'S ONGOING ACTIVITIES TO...

RESEARCH SAVING SIGHT, RESTORING VISION INITIATIVE: AEVR EDUCATES POLICY MAKERS AND THE PUBLIC ABOUT THE VALUE OF EYE AND VISION RESEARCH. BEGINNING IN 2021, MOST OF AEVR'S ONGOING ACTIVITIES TO EDUCATE POLICY MAKERS AND THE PUBLIC ABOUT THE VALUE OF EYE AND VISION RESEARCH (SUCH AS CONGRESSIONAL BRIEFINGS AND RECEPTIONS) WERE LABELED AS RESEARCH SAVING SIGHT, RESTORING VISION INITIATIVE (RSSRV) 2021-2030 ACTIVITIES, RSSVR IS A SUSTAINED EDUCATIONAL EFFORT, BEGUN IN 2021, TO RECOGNIZE THE POWER OF FEDERALLY FUNDED VISION RESEARCH TO BENEFIT PATIENTS BY INCREASING PRODUCTIVITY, MAINTAINING INDEPENDENCE AND IMPROVING 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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $253,385

Program Service Revenue $0

Investment Income $10,351

Other Revenue $0

TOTAL REVENUE $263,736

Expense Breakdown

Grants Paid $0

Salaries & Benefits $113,214

Fundraising Expenses $13,808

Program Expenses $193,780

Other Expenses $151,684

TOTAL EXPENSES $264,898

Year-over-Year Comparison

	2023	2022	Change
Revenue	$263,736	$233,976	+0.1%
Expenses	$264,898	$214,696	+0.2%
Net Income	$-1,162	$19,280	-1.1%

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

$255,678

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAN IGNASZEWSKI	EXECUTIVE DI	10.00	Officer	$70,493	$20,700	$255,678
STEVEN FELDON	DIRECTOR	1.00	Director	$0	$0	$0
MARISSA GOLDBERG	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN HOFLAND	DIRECTOR	1.00	Director	$0	$0	$0
JUDY KIM	DIRECTOR	1.00	Director	$0	$0	$0
STEPHEN LANE	DIRECTOR	1.00	Director	$0	$0	$0
PAUL LEE	PRESIDENT	1.00	Officer Director	$0	$0	$0
KELLY NICHOLS	SECRETARY	1.00	Officer Director	$0	$0	$0
JOAN O'BRIEN	DIRECTOR	1.00	Director	$0	$0	$0
GRACE PRAKALAPAKORN	DIRECTOR	1.00	Director	$0	$0	$0
RAJESH K RAJPAL	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL ROBINSON	DIRECTOR	1.00	Director	$0	$0	$0
IRIS RUSH	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
GREGORY SKUTA	TREASURER	1.00	Officer Director	$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
2024	No data	No data	No data	No data
2023	$263,736	$264,898	$334,220	$-1,162
2022	$233,976	$214,696	$337,790	$19,280
2021	$274,242	$273,185	$334,746	$1,057
2020	$241,791	$215,500	$319,759	$26,291

ALLIANCE FOR EYE AND VISION RESEARCH