VISION CORNER INC (EIN 814442761) - 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

2024

Legal Domicile

Principal Officer

CHAD SPENCE

Phone

7659646534

Tax Period

2025-01-01 to 2025-12-31

VISION CORNER INC, founded in 2024, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $91K in total revenue in fiscal year 2025. Revenue fell 76% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $29K, a strong 32% operating margin.

Mission

TO FURTHER ENHANCE THE EDUCATIONAL SCOPE OF RANDOLPH EASTERN SCHOOL CORPORATION AND TO REVITALIZE DOWNTOWN UNION CITY AS A SYMBOL OF UNION CITY'S ECONOMIC RESURGENCE.

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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 (2025)

Revenue Breakdown

Contributions & Grants $13,158

Program Service Revenue $18,359

Investment Income $9,299

Other Revenue $50,497

TOTAL REVENUE $91,313

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $62,295

Other Expenses $62,295

TOTAL EXPENSES $62,295

Year-over-Year Comparison

	2025	2024	Change
Revenue	$91,313	$373,280	-0.8%
Expenses	$62,295	$37,689	+0.7%
Net Income	$29,018	$335,591	-0.9%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHAD SPENCE	BOARD CHAIR	20.00	Officer Director	$0	$0	$0
NEAL ADAMS	TREASURER	2.00	Officer Director	$0	$0	$0
STEVE JAMES	DIRECTOR	1.00	Director	$0	$0	$0
CHAD BOLSER	DIRECTOR	1.00	Director	$0	$0	$0
JENNIFER HOUSEL	DIRECTOR	1.00	Director	$0	$0	$0
AARON BLACK	DIRECTOR	1.00	Director	$0	$0	$0
LINDA PUCCINI	DIRECTOR	1.00	Director	$0	$0	$0
JUSTIN JONES	DIRECTOR	1.00	Director	$0	$0	$0
TONYA BREYMIER	DIRECTOR	1.00	Director	$0	$0	$0
JASON TROUTWINE	DIRECTOR	1.00	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
2025	$91,313	$62,295	$364,609	$29,018
2024	$373,280	$37,689	$335,591	$335,591

VISION CORNER INC