VISION CARE USA INC

EIN: 811916116 501(c)(3) Diseases & Disorders

NEW YORK, NY

Total Revenue
$228,710
Total Expenses
$232,541
Total Assets
$99,786
Net Assets
$99,786
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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
2016
Legal Domicile
NY
Principal Officer
DR JOHN PARK
Phone
9175834205
Tax Period
2024-01-01 to 2024-12-31

VISION CARE USA INC, founded in 2016, is a small nonprofit in the Diseases & Disorders sector that reported $229K in total revenue in fiscal year 2024. Revenue surged 58% from the prior year, signaling strong growth momentum.

Mission

PREVENTION OF BLINDNESS

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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 $228,710
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $228,710

Expense Breakdown

Grants Paid $167,875
Salaries & Benefits $55,284
Fundraising Expenses $0
Program Expenses $232,541
Other Expenses $9,382
TOTAL EXPENSES $232,541

Year-over-Year Comparison

2024 2023 Change
Revenue $228,710 $144,712 +0.6%
Expenses $232,541 $51,996 +3.5%
Net Income $-3,831 $92,716 -1.0%
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

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Governance

Voting Members
4
Independent Members
4
Employees
1
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
4
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR GRAE BAE SECRETARY N/A
Officer Director
$0 $0 $0
DR JAMES KIM TREASURER N/A
Officer Director
$0 $0 $0
DR JOHN PARK VICE CHAIR N/A
Officer Director
$0 $0 $0
DR LISA PARK BOARD CHAIR 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
2024 $228,710 $232,541 $99,786 $-3,831
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