SAVING SIGHT AND SOUND INC

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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

2018

Legal Domicile

Principal Officer

LISA H WILKERSON

Phone

8132355685

Tax Period

2020-01-01 to 2020-12-31

SAVING SIGHT AND SOUND INC, founded in 2018, is a micro nonprofit in the Diseases & Disorders sector that reported $92K in total revenue in fiscal year 2020. Revenue fell 71% from the prior year — a significant decline worth monitoring. Expenses of $157K exceeded revenue, resulting in a 71% operating deficit.

Mission

TO RAISE AWARENESS AND FUNDING FOR TREATMENTS FOR USHER SYNDROME, THE MOST COMMON GENETIC CAUSE OF COMBINED DEAF-BLINDNESS

Program Service Accomplishments

Program 1

Expenses: $124,000

TO PROVIDE FUNDING IN SUPPORT TO FIND THERAPIES TO PREVENT BLINDNESS IN THOSE WITH USHER SYNDROME.WE FUNDED GRANTS TO THE UNIVERSITY OF IOWA CENTER FOR ADVANCEMENT, WITH FUNDS BEING DIRECTED TO THE UNIVERSITY OF IOWA INSTITUTE FOR VISION RESEARCH AND THE USHER CHALLENGE MATCHING PROGRAM.

Program 2

Expenses: $31,164

TO PROVIDE FUNDING FOR ASSISTIVE LISTENING DEVICES TO CHILDREN WITH HEARING LOSS IN FLORIDA.WE FUNDED GRANTS TO SERTOMA SPEECH AND HEARING FOUNDATION OF FLORIDA, INC.

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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 (2020)

Revenue Breakdown

Contributions & Grants $45,214

Program Service Revenue $0

Investment Income $24,754

Other Revenue $21,938

TOTAL REVENUE $91,906

Expense Breakdown

Grants Paid $155,164

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $155,164

Other Expenses $2,221

TOTAL EXPENSES $157,385

Year-over-Year Comparison

	2020	2019	Change
Revenue	$91,906	$315,322	-0.7%
Expenses	$157,385	$265,258	-0.4%
Net Income	$-65,479	$50,064	-2.3%

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

Governance

Voting Members

Independent Members

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WALLACE GREG WILKERSON II	PRESIDENT	4.00	Officer Director	$0	$0	$0
LISA WILKERSON	TREASURER	4.00	Officer Director	$0	$0	$0
KELLY HUGHES	VICE PRESIDENT	4.00	Officer Director	$0	$0	$0
JR SIERRA III	VICE PRESIDENT	1.00	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
2020	$91,906	$157,385	$1,977	$-65,479
2019	$315,322	$265,258	$91,100	$50,064