SOUTH TEXAS LIGHTHOUSE FOR THE BLIND (EIN 741495894) - 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

1964

Legal Domicile

Principal Officer

DENISE PEREZ

Phone

3616936125

Tax Period

2024-01-01 to 2024-12-31

SOUTH TEXAS LIGHTHOUSE FOR THE BLIND, founded in 1964, is a community nonprofit in the Diseases & Disorders sector that reported $9.2M in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year. Expenses of $7.9M left a modest 13% surplus.

Mission

TO PROVIDE EMPLOYMENT AND TRAINING OPPORTUNITIES TO SIGHT-IMPAIRED INDIVIDUALS.

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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 $113,990

Program Service Revenue $0

Investment Income $371,516

Other Revenue $8,665,999

TOTAL REVENUE $9,151,505

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,408,050

Fundraising Expenses $0

Program Expenses $1,294,448

Other Expenses $4,537,875

TOTAL EXPENSES $7,945,925

Year-over-Year Comparison

	2024	2023	Change
Revenue	$9,151,505	$9,876,353	-0.1%
Expenses	$7,945,925	$7,433,561	+0.1%
Net Income	$1,205,580	$2,442,792	-0.5%

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

234

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

$605,822

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TUAN PHUNG	IMM. PAST CHAIR	1.00	Officer Director	$0	$0	$0
JOHN CARLSON	CHAIR	1.00	Officer Director	$0	$0	$0
MARY AFUSO	VICE CHAIR	1.00	Officer Director	$0	$0	$0
STEVE FLOYD	SECRETARY	1.00	Officer Director	$0	$0	$0
DANA SISK	TREASURER	1.00	Officer Director	$0	$0	$0
SUNSHINE MOORE	MEMBER	1.00	Director	$0	$0	$0
FRED GARCIA	MEMBER	1.00	Director	$0	$0	$0
DANIEL GONZALEZ	MEMBER	1.00	Director	$0	$0	$0
PETER MATL	MEMBER	1.00	Director	$0	$0	$0
JOSEPH CORTEZ	MEMBER	1.00	Director	$0	$0	$0
ROBERT ORTIZ	MEMBER	1.00	Director	$0	$0	$0
PETER NGUYEN	MEMBER	1.00	Director	$0	$0	$0
NICKY OOI	CHIEF EXECUTIVE OFFICER	38.00	Officer	$382,340	$32,852	$415,192
DENISE PEREZ	VP OF FINANCE	38.00	Officer	$174,444	$16,186	$190,630
DAVID WELLS	VP OF SALES	38.00	Highest	$224,588	$18,707	$243,295
GARRET GREGG	VP OF MANUFACTURING	38.00	Highest	$175,948	$26,768	$202,716
VERONICA DEL BOSQUE	VP OF HUMAN RESOURCES	38.00	Highest	$157,357	$3,167	$160,524
CINTHYA MABEE	VP OF SALES & BUSI.DEV.	38.00	Highest	$140,497	$14,520	$155,017
AMIE GUERRERO	GOVT & RETAIL OPERATIONS	38.00	Highest	$131,250	$6,557	$137,807

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	$9,151,505	$7,945,925	$40,841,962	$1,205,580
2023	$9,876,353	$7,433,561	$39,035,095	$2,442,792
2022	$7,189,523	$6,140,694	$33,376,800	$1,048,829
2021	$7,016,660	$5,497,164	$33,371,570	$1,519,496
2020	$5,279,988	$4,746,978	$31,893,208	$533,010
2019	$6,650,761	$4,851,576	$30,705,421	$1,799,185
2018	$6,433,290	$5,036,479	$29,336,930	$1,396,811

SOUTH TEXAS LIGHTHOUSE FOR THE BLIND