WRIGHT FOUNDATION FOR PEDIATRIC OP… - Form 990 Financial Data

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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

2001

Legal Domicile

Principal Officer

KENNETH W WRIGHT

Phone

3106526420

Tax Period

2024-01-01 to 2024-12-31

WRIGHT FOUNDATION FOR PEDIATRIC OPHTALMOLOGY AND STRABISMUS, founded in 2001, is a micro nonprofit in the Medical Research sector that reported $81K in total revenue in fiscal year 2024. Revenue surged 30% from the prior year, signaling strong growth momentum. Expenses of $117K exceeded revenue, resulting in a 45% operating deficit.

Mission

TO PROVIDE EDUCATION IN PEDIATRIC OPHTHALMOLOGY AND PROVIDE CARE TO FINANCIALLY-CHALLENGED CHILDREN/INDIVIDUALS TO REDUCE BLINDNESS AND SUFFERING FROM EYE DISORDERS IN INFANTS AND CHILDREN

Program Service Accomplishments

Program 1

TO PROVIDE CARE TO FINANCIALLY CHALLENGED CHILDREN AND INDIVIDUALS TO REDUCE BLINDNESS AND SUFFERING FOM EYE DISORDERS FOR INFANTS AND CHILDREN TO PROVIDE EDUCATION IN PEDIATRIC OPHTALMOLOGY

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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 $57,340

Program Service Revenue $0

Investment Income $23,595

Other Revenue $0

TOTAL REVENUE $80,935

Expense Breakdown

Grants Paid $0

Salaries & Benefits $15,970

Fundraising Expenses $0

Other Expenses $101,133

TOTAL EXPENSES $117,103

Year-over-Year Comparison

	2024	2023	Change
Revenue	$80,935	$62,058	+0.3%
Expenses	$117,103	$95,461	+0.2%
Net Income	$-36,168	$-33,403	+0.1%

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

Volunteers

N/A

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
KENNETH WRIGHT	PRESIDENT	15.00	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
2025	No data	No data	No data	No data
2024	$80,935	$117,103	$794,104	$-36,168
2023	$62,058	$95,461	$864,767	$-33,403
2022	$73,652	$88,472	$906,036	$-14,820
2021	$68,268	$55,460	$920,856	$12,808
2020	$16,932	$72,511	$847,866	$-55,579
2019	$79,928	$110,265	$899,840	$-30,337
2018	$89,272	$105,402	$946,078	$-16,130

WRIGHT FOUNDATION FOR PEDIATRIC OPHTALMOLOGY AND STRABISMUS