SEEING HAND ASSOCIATION INC

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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

1946

Legal Domicile

Principal Officer

KAREN HAUGHT

Phone

3042324810

Tax Period

2023-01-01 to 2023-12-31

SEEING HAND ASSOCIATION INC, founded in 1946, is a small nonprofit in the Employment sector that reported $247K in total revenue in fiscal year 2023. Revenue fell 43% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $38K, a strong 15% operating margin.

Mission

TO PROVIDE ASSISTANCE AND TRAINING TO THE BLIND AND SIGHT IMPAIRED TO ENABLE THEM TO FUNCTION WITH THEIR DISABILITY

Program Service Accomplishments

Program 1

Expenses: $133,065 Revenue: $2,563

VOCATIONAL REHABILITATION OR HABILITATION SERVICES, SUCH AS JOB COUNSELING, JOB TRAINING, AND WORK EXPERIENCE, TO UNEMPLOYED AND UNDEREMPLOYED PERSONS, PERSONS WITH DISABILITIES, AND PERSONS WHO HAVE A JOB MARKET DISADVANTAGE BECAUSE OF LACK OF EDUCATION, JOB SKILL, OR EXPERIENCE AND PROVIDING TRAINING AND EMPLOYMENT TO MENTALLY AND PHYSICALLY HANDICAPPED PERSONS. INCLUDE VOCATIONAL REHABILITATION JOB TRAINING FACILITIES AND SHELTERED WORKSHOPS (WORK EXPERIENCE CENTERS)

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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 $199,326

Program Service Revenue $2,563

Investment Income $69,044

Other Revenue $-24,161

TOTAL REVENUE $246,772

Expense Breakdown

Grants Paid $0

Salaries & Benefits $54,220

Fundraising Expenses $0

Program Expenses $133,065

Other Expenses $155,035

TOTAL EXPENSES $209,255

Year-over-Year Comparison

	2023	2022	Change
Revenue	$246,772	$429,321	-0.4%
Expenses	$209,255	$315,232	-0.3%
Net Income	$37,517	$114,089	-0.7%

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

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

$65,039

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KAREN HAUGHT	EXECUTIVE DI	40.00	Officer	$65,039	$0	$65,039
DON TAYLOR	TREASURER	N/A	Officer Director	$0	$0	$0
CLARA WHITE	SECRETARY	N/A	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$246,772	$209,255	$3,058,026	$37,517
2023	$246,772	$274,294	$3,058,026	$-27,522
2022	$429,321	$315,232	$2,849,523	$114,089
2021	$285,858	$222,380	$3,210,985	$63,478
2021	$285,858	$222,380	$3,196,348	$63,478
2020	$190,412	$228,655	$3,068,748	$-38,243
2020	$190,412	$214,018	$3,083,385	$-23,606