VISABILITY CENTER 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

2021

Legal Domicile

Principal Officer

ROB BUETTNER

Phone

4147785800

Tax Period

2024-07-01 to 2025-06-30

VISABILITY CENTER INC, founded in 2021, is a micro nonprofit in the Community Improvement sector that reported $42 in total revenue in fiscal year 2024. Revenue fell 53% from the prior year — a significant decline worth monitoring. Expenses of $1.3M exceeded revenue, resulting in a 3165131% operating deficit.

Mission

TO FINANCE FACILITY FOR TRAINING AND EMPLOYMENT OF PEOPLE SUFFERING VISION LOSS.

Program Service Accomplishments

Program 1

VISABILITY CENTER, INC. IS A WISCONSIN NONSTOCK, NONPROFIT CORPORATION ORGANIZED FOR THE EXCLUSIVE PURPOSE OF HOLDING TITLE TO PROPERTY, COLLECTING INCOME FROM THE PROPERTY, AND TURNING INCOME OVER...

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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 $0

Program Service Revenue $0

Investment Income $42

Other Revenue $0

TOTAL REVENUE $42

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $1,329,397

TOTAL EXPENSES $1,329,397

Year-over-Year Comparison

	2024	2023	Change
Revenue	$42	$89	-0.5%
Expenses	$1,329,397	$1,101,483	+0.2%
Net Income	$-1,329,355	$-1,101,394	+0.2%

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

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

$659,984

Total Directors

$677,534

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMES KERLIN THRU 7192024	CHAIRMAN & CEO	0.50	Officer Director	$0	$34,012	$238,746
ROB BUETTNER AS OF 070124	CEO/PRESIDENT	0.50	Officer Director	$0	$40,498	$218,375
DENNIS MARTIN	TREASURER & SECRETARY	0.50	Officer Director	$0	$39,034	$202,863
BILL KING	BOARD MEMBER	0.50	Director	$0	$0	$0
GARY GOYKE	BOARD MEMBER	0.50	Director	$0	$0	$17,550

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	$42	$1,329,397	$14,895,305	$-1,329,355
2024	$89	$1,101,483	$16,206,009	$-1,101,394
2023	$188	$502,433	$17,304,442	$-502,245
2022	$663	$33,227	$17,798,236	$-32,564