EDUCATIONAL CENTER FOR THE VISUALLY IMPAIRED

EIN: 814567958 501(c)(3) Human Services

Springfield, IL

Total Revenue
$105,217
Total Expenses
$89,781
Total Assets
$318,744
Net Assets
$318,744
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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
2014
Legal Domicile
IL
Principal Officer
Peggy Dyson
Tax Period
2024-01-01 to 2024-12-31

EDUCATIONAL CENTER FOR THE VISUALLY IMPAIRED, founded in 2014, is a small nonprofit in the Human Services sector that reported $105K in total revenue in fiscal year 2024. Revenue surged 63% from the prior year, signaling strong growth momentum. Expenses of $90K left a modest 15% surplus.

Mission

Provide high quality education, training and development opportunities for these individuals through innovative services and programs.

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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 $105,217
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $105,217

Expense Breakdown

Grants Paid $0
Salaries & Benefits $56,412
Fundraising Expenses $0
Program Expenses $57,070
Other Expenses $33,369
TOTAL EXPENSES $89,781

Year-over-Year Comparison

2024 2023 Change
Revenue $105,217 $64,656 +0.6%
Expenses $89,781 $109,899 -0.2%
Net Income $15,436 $-45,243 -1.3%
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
11
Independent Members
11
Employees
1
Volunteers
10

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
1
$37,800
Total Directors
1
$37,800
Key Employees
1
$37,800
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Peggy Dyson Executive Director 40
Officer Director Key Emp Highest
$37,800 $0 $37,800
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 No data No data No data No data
2024 $105,217 $89,781 $318,744 $15,436
2023 $64,656 $109,899 $305,604 $-45,243
2022 $210,438 $106,536 $351,756 $103,902
2021 $120,058 $83,953 $273,091 $36,105
2021 $146,358 $83,953 $273,091 $62,405
2020 $264,286 $68,777 $230,305 $195,509
2019 $79,380 $81,394 $14,540 $-2,014
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