PREVENTION OF BLINDNESS SOCIETY OF METROPOLITAN WASHINGTON INC (EIN 530204690) - Form 990 Financial Analysis & Trantor Score

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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

1936

Legal Domicile

Principal Officer

CAREN FORSTEN

Phone

2022341010

Tax Period

2024-07-01 to 2025-06-30

PREVENTION OF BLINDNESS SOCIETY OF METROPOLITAN WASHINGTON INC, founded in 1936, is a community nonprofit in the Diseases & Disorders sector that reported $2.2M in total revenue in fiscal year 2024. Revenue fell 20% from the prior year — a significant decline worth monitoring. Net assets of $29.2M represent 156 months of operating reserves.

Mission

TO HELP PREVENT BLINDNESS FOR POPULATIONS AT RISK

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,302,622

Program Service Revenue $52,690

Investment Income $720,078

Other Revenue $165,009

TOTAL REVENUE $2,240,399

Expense Breakdown

Grants Paid $229,169

Salaries & Benefits $1,587,786

Fundraising Expenses $7,408

Program Expenses $1,737,593

Other Expenses $541,521

TOTAL EXPENSES $2,358,476

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,240,399	$2,810,646	-0.2%
Expenses	$2,358,476	$1,954,798	+0.2%
Net Income	$-118,077	$855,848	-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

Volunteers

160

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

$215,001

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN GUZIK	DIRECTOR	5.00	Director	$0	$0	$0
DOROTHY WEINSTEIN	1ST VICE PRESIDENT/DIRECTOR	10.00	Officer Director	$0	$0	$0
JENNIFER VALENTINE - FACHE	PRESIDENT/DIRECTOR	10.00	Officer Director	$0	$0	$0
LESLIE JONES MD	DIRECTOR	5.00	Director	$0	$0	$0
MARCIA WILLIAMSON	DIRECTOR	5.00	Director	$0	$0	$0
JENNIE KRONTHAL	DIRECTOR	5.00	Director	$0	$0	$0
SALLY PILKERTON	DIRECTOR	5.00	Director	$0	$0	$0
JAY LUSTBADER MD	DIRECTOR	5.00	Director	$0	$0	$0
JANE SETTLE STANELY	2ND VICE PRESIDENT/DIRECTOR	10.00	Officer Director	$0	$0	$0
L SCOTT WERTLIEB	DIRECTOR	5.00	Director	$0	$0	$0
DONNA OSER	DIRECTOR	5.00	Director	$0	$0	$0
EDWARD WOODARD	DIRECTOR	5.00	Director	$0	$0	$0
JEFFREY CHUNG MD	DIRECTOR	5.00	Director	$0	$0	$0
MAXWELL HELFGOTT MD	DIRECTOR	5.00	Director	$0	$0	$0
JAMES JORKASKY	DIRECTOR	5.00	Director	$0	$0	$0
MINDI SAUTER	SECRETARY	10.00	Officer Director	$0	$0	$0
VANESSA TYSON	DIRECTOR	5.00	Director	$0	$0	$0
RACHEL FOSTER FACHE	DIRECTOR	5.00	Director	$0	$0	$0
REENA GARG MD	DIRECTOR	5.00	Director	$0	$0	$0
ALICE WENDY GASCH MD	DIRECTOR	5.00	Director	$0	$0	$0
MOHAMAD S JAAFAR MD	DIRECTOR	5.00	Director	$0	$0	$0
NINA GLASNER	DIRECTOR	5.00	Director	$0	$0	$0
LUKE JOYCE	DIRECTOR	5.00	Director	$0	$0	$0
MARIA MAESTROS	TREASURER/DIRECTOR	10.00	Officer Director	$0	$0	$0
CHRISTINE ROCCHIO RN FNP	DIRECTOR	5.00	Director	$0	$0	$0
CATHY GREALY COHEN	DIRECTOR	5.00	Director	$0	$0	$0
BETH GLASSMAN	DIRECTOR	5.00	Director	$0	$0	$0
TARA KAVADIAS	DIRECTOR	5.00	Director	$0	$0	$0
MELISSA LOUGHLIN PHD	DIRECTOR	5.00	Director	$0	$0	$0
MICHAEL SPIGLER	DIRECTOR	5.00	Director	$0	$0	$0
CAREN FORSTEN	CEO	40.00	Officer	$208,497	$6,504	$215,001
LINDA PRESLEY	SENIOR MANAGER - ACCOUNTIN	40.00	Highest	$106,418	$22,792	$129,210
NICHOLAS FARANO	VICE PRESIDENT, OPERATIONS AND DEVELOPMENT	40.00	Highest	$105,065	$11,642	$116,707

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	$2,240,399	$2,358,476	$29,678,455	$-118,077
2024	No data	No data	No data	No data
2023	$1,854,361	$1,918,698	$26,739,305	$-64,337
2022	$1,408,594	$1,913,551	$25,751,958	$-504,957
2021	$2,060,250	$1,643,182	$29,901,307	$417,068
2020	$7,117,985	$1,767,619	$26,035,531	$5,350,366
2019	$908,085	$1,497,708	$21,789,529	$-589,623
2018	$2,812,431	$1,430,207	$21,834,264	$1,382,224

PREVENTION OF BLINDNESS SOCIETY OF METROPOLITAN WASHINGTON INC