Preserve Vision Florida Inc

EIN: 596181662 501(c)(3)

Clearwater, FL

Total Revenue
$1,476,305
Total Expenses
$1,385,732
Total Assets
$645,850
Net Assets
$172,420
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1957
Legal Domicile
FL
Principal Officer
Joanne Lighter
Phone
8138742020
Tax Period
2024-04-01 to 2025-03-31

Preserve Vision Florida Inc, founded in 1957, is a community nonprofit that reported $1.5M in total revenue in fiscal year 2024. Revenue surged 31% from the prior year, signaling strong growth momentum. Expenses of $1.4M left a modest 6% surplus.

Mission

To promote healthy vision through vision health awareness and education for all ages, vision screenings for children and adults, assistance to obtain medical eye care, and advocacy for vision and medical eye care health services.

Program Service Accomplishments

Program 1
Expenses: $1,217,644 Revenue: $300

Preserve Vision Floridas mission is to promote a lifetime of healthy vision care through vision screenings, eye health education, and referral services. These services include personal consultations...

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Preserve Vision Floridas mission is to promote a lifetime of healthy vision care through vision screenings, eye health education, and referral services. These services include personal consultations regarding eye health concerns as well as assistance in navigating our network of community partners. We provide financial assistance for eye exams and prescription glasses, as well as for eye surgeries. Our vision programs help preschoolers at risk of vision loss from childhood eye diseases, school children who depend on good vision for learning, and adults threatened by glaucoma and other serious vision problems. Screened over 18,000 children and adults, provided eye exams and glasses for those who could not afford them. The Organization also provides education on vision screening which leads to certification, Preserve Vision is a reputable source for health care professionals such as teachers, nurses, doctors, social workers, health education students and others seeking to implement vision screenings. The training provided by Preserve Vision is supported by the work of optometrists and ophthalmologists. Educating these future vision screeners helps build a network of trained individuals able to conduct vision screenings. Preserve Vision fulfills its mission through several key programs that provide vision screenings, healthy eye seminars, and other educational initiatives. Preserve Vision conducts screenings in central Florida. For those who qualify, Preserve Vision provides vouchers for medical examinations and eyewear, if needed. Eyewear is provided through partnerships with retail optical businesses. Additionally, Preserve Vision makes vision education materials available to community members at these locations.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,466,928
Program Service Revenue $300
Investment Income $6,991
Other Revenue $2,086
TOTAL REVENUE $1,476,305

Expense Breakdown

Grants Paid $0
Salaries & Benefits $909,855
Fundraising Expenses $22,506
Program Expenses $1,217,644
Other Expenses $475,877
TOTAL EXPENSES $1,385,732

Year-over-Year Comparison

2024 2023 Change
Revenue $1,476,305 $1,123,775 +0.3%
Expenses $1,385,732 $1,100,518 +0.3%
Net Income $90,573 $23,257 +2.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
9
Independent Members
9
Employees
26
Volunteers
110

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
5
$59,360
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Michael Minor Board Member 1.00
Director
$0 $0 $0
Jasmine Mohadjer MD Board Member 1.00
Director
$0 $0 $0
Jeff Mortensen Board Member 1.00
Director
$0 $0 $0
Jeff Baker Board Member 1.00
Director
$0 $0 $0
Bridgette Heller Board Member 1.00
Director
$0 $0 $0
Gary Davis Past Chair 1.00
Officer Director
$0 $0 $0
Kevin Bakewell Chair 5.00
Officer Director
$0 $0 $0
Lorna Taylor Vice Chair 2.00
Officer Director
$0 $0 $0
Pat McNamara Treasurer/Secretary 2.00
Officer Director
$0 $0 $0
Joanne Lighter President & CEO 40.00
Officer
$59,360 $0 $59,360
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 $1,476,305 $1,385,732 $645,850 $90,573
2024 $1,123,775 $1,100,518 $488,224 $23,257
2023 $778,273 $816,733 $290,884 $-38,460
2022 $758,348 $757,582 $318,806 $766
2021 $636,532 $664,353 $407,993 $-27,821
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