Vision Galveston

EIN: 842769581 501(c)(3) Community Improvement

Galveston, TX

Total Revenue
$757,529
Total Expenses
$901,476
Total Assets
$1,683,379
Net Assets
$1,635,865
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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
2019
Legal Domicile
TX
Principal Officer
Christine Bryant
Phone
8327861666
Tax Period
2023-01-01 to 2023-12-31

Vision Galveston, founded in 2019, is a small nonprofit in the Community Improvement sector that reported $758K in total revenue in fiscal year 2023. Revenue fell 43% from the prior year — a significant decline worth monitoring. Expenses of $901K exceeded revenue, resulting in a 19% operating deficit.

Mission

To transform Galveston into the best place to live, work, raise a family, and visit.

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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 (2023)

Revenue Breakdown

Contributions & Grants $755,012
Program Service Revenue $0
Investment Income $2,517
Other Revenue $0
TOTAL REVENUE $757,529

Expense Breakdown

Grants Paid $201,250
Salaries & Benefits $373,234
Fundraising Expenses $27,393
Program Expenses $765,455
Other Expenses $324,892
TOTAL EXPENSES $901,476

Year-over-Year Comparison

2023 2022 Change
Revenue $757,529 $1,336,516 -0.4%
Expenses $901,476 $499,632 +0.8%
Net Income $-143,947 $836,884 -1.2%
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
17
Independent Members
17
Employees
8
Volunteers
25

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
6
$180,962
Total Directors
18
$180,962
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Zahrah Ektefaei President 4.00
Officer Director
$0 $0 $0
Steven Pena Vice President 4.00
Officer Director
$0 $0 $0
Lauren Scott Immediate Past Chair 4.00
Officer Director
$0 $0 $0
Claire Reiswerg Secretary 1.00
Officer Director
$0 $0 $0
Lindsey White Treasurer 1.00
Officer Director
$0 $0 $0
Bert Bagley Board member 1.00
Director
$0 $0 $0
Zurisday Briz Board member 1.00
Director
$0 $0 $0
Timothy Harlin Board member 1.00
Director
$0 $0 $0
Torrina Harris Board member 1.00
Director
$0 $0 $0
Lee Jurewitz Board member 1.00
Director
$0 $0 $0
Jayson Levy Board member 1.00
Director
$0 $0 $0
Raymond Lewis Board member 1.00
Director
$0 $0 $0
Betty Massey Board member 1.00
Director
$0 $0 $0
Michael Niebuhr Board member 1.00
Director
$0 $0 $0
Premal Patel Board member 1.00
Director
$0 $0 $0
Antonietta Quigg Board member 1.00
Director
$0 $0 $0
Marina Walne Board member 4.00
Director
$0 $0 $0
Christine Bryant Executive Director 40.00
Officer Director
$164,677 $16,285 $180,962
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 No data No data No data No data
2023 $757,529 $901,476 $1,683,379 $-143,947
2022 $1,336,516 $499,632 $1,836,804 $836,884
2021 $1,010,501 $478,808 $950,320 $531,693
2020 $788,704 $384,177 $626,180 $404,527
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