Saavi Services for the Blind (EIN 866056057) - 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

1965

Legal Domicile

Phone

5207951331

Tax Period

2024-01-01 to 2024-12-31

Saavi Services for the Blind, founded in 1965, is a community nonprofit in the Diseases & Disorders sector that reported $6.9M in total revenue in fiscal year 2024. Revenue surged 25% from the prior year, signaling strong growth momentum.

Mission

Saavi Services for the Blind provides programs and services to meet the needs of individuals with vision loss, promoting individuals to become independent and active participants in the community.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,113,533

Program Service Revenue $5,723,943

Investment Income $12,576

Other Revenue $43,608

TOTAL REVENUE $6,893,660

Expense Breakdown

Grants Paid $0

Salaries & Benefits $5,030,188

Fundraising Expenses $333,016

Program Expenses $6,061,588

Other Expenses $2,390,879

TOTAL EXPENSES $7,421,067

Year-over-Year Comparison

	2024	2023	Change
Revenue	$6,893,660	$5,521,195	+0.2%
Expenses	$7,421,067	$6,928,303	+0.1%
Net Income	$-527,407	$-1,407,108	-0.6%

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

103

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

$319,456

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Michael Gordon	CEO	45.00	Officer	$146,029	$16,871	$162,900
Amy Porterfield	President	45.00	Officer	$147,981	$8,575	$156,556
Misael Marquez	Member	1.00	Director	$0	$0	$0
Raul Gallegos	Member	1.00	Director	$0	$0	$0
Bryan Bashin	Member	1.00	Director	$0	$0	$0
Syed Rizvi	Member	1.00	Director	$0	$0	$0
Ryan Thomas	Member	1.00	Director	$0	$0	$0
Robert Kresmer	President	2.00	Officer Director	$0	$0	$0
Ken Krapf	Treasurer	2.00	Officer Director	$0	$0	$0
Ed House	Secretary	2.00	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
2024	$6,893,660	$7,421,067	$9,588,030	$-527,407
2023	$5,521,195	$6,928,303	$9,583,490	$-1,407,108
2022	$6,156,877	$6,279,796	$10,754,885	$-122,919
2021	$6,203,130	$5,059,876	$10,878,580	$1,143,254
2020	$5,573,618	$4,896,977	$3,989,560	$676,641
2019	$6,214,971	$6,623,170	$3,437,337	$-408,199
2018	$7,183,453	$7,122,539	$3,720,731	$60,914

Saavi Services for the Blind