Better Vision for Children EIN 33-0737604

Better Vision for Children

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Tests children's vision, prevents blindness, and mentors them to achieve their dreams. For fiscal year 2024 it reported $293K in revenue, $425K in expenses, and $1.2M in net assets.Pt I

Type
Public charity (501(c)(3)) · Medical Research
Location
Mission Viejo, CA
Filings
1 on file (2024–2024)
Revenue
$293KFY2024
Expenses
$425K
Net assets
$1.2M
People
1
Filings
1
Updates
0
More identity details & actions ⌄
EIN  33-0737604 Public charity (501(c)(3)) Mission Viejo, CA
Form 990 (PDF)
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Size
$100K–1M
What they do
Tests children's vision, prevents blindness, and mentors them to achieve their dreams.
Leadership
James Zuley · President
Money in and out
$293K revenue, $425K expenses
Bottom line
3% program efficiency
Where the money goes · FY2024
Total revenue
$293K
Pt VIII · Ln 12
Total expenses
$425K
Pt IX · Ln 25
Net assets
$1.2M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$132K
Where spending went · Part IX cols B–D
Program services $0.03 Fundraising $0.97
Program efficiency
3%
of spending reaches programs
Operating runway
23.1mo
months of highly liquid reserves at operating expense rate
Surplus margin
-45%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Total revenue
$293K
Pt VIII · Ln 12
Total expenses
$425K
Pt IX · Ln 25
Net assets
$1.2M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$132K
Total assetsPt X · Ln 16$1.2M
Program-expense ratioPt IX · col B3%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 42
Mission & Programs · Part III

Where the work happens

2 program services account for $65K of program spending, described in the organization's own filed words · FY2024.
01

On-Site Eye Vision Testing of over 3861 children in Southern California schools. Subjects were given pass/fail for various eye conditions including Amblyopia, Myopia and referred for follow-up with their eye doctor.

$53Kprogram expense
02

Distributing over 13,050 Christmas Toys to 7,817 children from economically disadvantaged families in Southern California; giving children joy and hope during the Christmas season. Toys were distributed during a two day toy drive and toy distribution event organized by Better Vision for Children with 18 volunteers and in collaboration…

$13Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CBetter Vision for Children
EINHdr · item D33-0737604
Principal addressHdr · item CMission Viejo, CA
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFMedical Research (H41)
Ruling yearIRS BMFFeb 1997

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b2
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants100%$293K
Total revenueLn 12$293K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.03 Fundraising $0.97
Program services3%$13K
Fundraising97%$412K
Total functional expensesLn 25$425K

Balance Sheet

Part X · end of year
CashLn 1$19K
Total assetsLn 16$1.2M
Total liabilitiesLn 26$0
Total net assetsLn 32$1.2M
Months of cash on handcomputed0.5

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $819K · Operating expenses/yr $425K
23.1 months
Where the money goes
Program services
Program services $13K · Total expenses $425K
3%
Management & General
Management & general $0 · Total expenses $425K
0%
Fundraising
Fundraising $412K · Total expenses $425K
97%
Cost to raise $1
Fundraising expense $412K · Solicited contributions $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $293K · Total revenue $293K
100%
Government reliance
Government grants $0 · Total revenue $293K
0%
Earned-income share
Program service revenue $0 · Total revenue $293K
0%
Investment reliance
Investment income $0 · Total revenue $293K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $425K
0%
Growth & trend
Revenue growth (YoY)
This year $293K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $1.2M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $293K · Expenses $425K
-45%
Liabilities-to-Assets
Total liabilities — · Total assets $1.2M
Net-asset ratio
Net assets $1.2M · Total assets $1.2M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $800K · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $1.2M
67%
People & payroll
Highest Reported Total Compensation
Individual James Zuley · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $425K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $425K
0%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 3%
Overhead ratio 0%
Fundraising cost ratio 141%
Investment management fee ratio 0.8%
Legal fee ratio 0.3%
Accounting fee ratio 0.2%
Fundraising fee ratio 3%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$293K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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