CENTER OF VISION ENHANCEMENT (EIN 680670036) - 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

2007

Legal Domicile

Principal Officer

MARGARET BUCHMANN-GARCIA

Phone

2097228118

Tax Period

2023-01-01 to 2023-12-31

CENTER OF VISION ENHANCEMENT, founded in 2007, is a small nonprofit in the Human Services sector that reported $338K in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion.

Mission

CONNECT PERSONS WITH A VISUAL IMPAIRMENT OR BLINDNESS WITH SERVICES AND PROGRAMS FOR THE BLIND; PROVIDE SUPPORT THROUGH SUPPORT GROUPS; AND PROVIDE TRAINING IN DAILY LIVING SKILLS, ASSISTIVE TECHNOLOGY, AND ORIENTATION AND MOBILITY.

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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 $9,593

Program Service Revenue $330,512

Investment Income $0

Other Revenue $-2,368

TOTAL REVENUE $337,737

Expense Breakdown

Grants Paid $0

Salaries & Benefits $198,320

Fundraising Expenses $1,393

Program Expenses $321,380

Other Expenses $145,648

TOTAL EXPENSES $343,968

Year-over-Year Comparison

	2023	2022	Change
Revenue	$337,737	$295,523	+0.1%
Expenses	$343,968	$310,416	+0.1%
Net Income	$-6,231	$-14,893	-0.6%

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

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

$20,388

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HOWARD SMITH	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
ESTHER EVANS	DIRECTOR	0.50	Director	$0	$0	$0
LUANN PARSON	DIRECTOR	0.50	Director	$0	$0	$0
DIANE NORTON	FINANCIAL OFFICER	2.00	Officer Director	$0	$0	$0
JEANETTE JONES	SECRETARY	2.00	Officer Director	$0	$0	$0
TANYA WILLIAMS	PRESIDENT	2.00	Officer Director	$0	$0	$0
FELICIA BOGDEN	DIRECTOR	0.50	Director	$0	$0	$0
MARGARET BUCHMANN-GARCIA	EXECUTIVE DIRECTOR	25.00	Officer	$20,388	$0	$20,388

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	$337,737	$343,968	$41,280	$-6,231
2022	$295,523	$310,416	$18,939	$-14,893
2021	$197,509	$241,511	$20,685	$-44,002
2020	$218,719	$222,337	$61,864	$-3,618
2019	$225,336	$252,835	$65,026	$-27,499
2018	$204,891	$267,747	$93,408	$-62,856

CENTER OF VISION ENHANCEMENT