Preserve Vision Florida Inc (EIN 596181662) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

1957

Legal Domicile

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.

🔒

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%)

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

🔒

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

Governance

Voting Members

Independent Members

Employees

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

$59,360

Total Directors

Key Employees

Highest Compensated

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

Preserve Vision Florida Inc