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Vision Share INC EIN 54-1912098

Vision Share INC

EIN  54-1912098 Public charity (501(c)(3)) Chicago, IL Founded 1998
Form 990 (PDF) Compare with another nonprofit →
Verified accurate 8/17/26 · see original filing: IRS
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Size
$1–10M
What they do
Distributes eye tissue for transplants, research, and medical education.
Leadership
Phil Fasone · Executive Director · $147K
Money in and out
$7.3M revenue, $6.9M expenses
Bottom line
97% program efficiency

Distributes eye tissue for transplants, research, and medical education. For fiscal year 2024 it reported $7.3M in revenue, $6.9M in expenses, and $2.2M in net assets.Pt I

Where the money goes · FY2024
Total revenue
$7.3M
Pt VIII · Ln 12
Total expenses
$6.9M
Pt IX · Ln 25
Net assets
$2.2M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $400K
Where spending went · Part IX cols B–D
Program services $0.97 Management & general $0.03
Program efficiency
97%
of spending reaches programs▲ +2% vs prior filing year
Operating runway
3.8mo
months of highly liquid reserves at operating expense rate▲ +12% vs prior filing year
Surplus margin
+6%
revenue over expenses, this year▼ -20% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$7.3M
FY20240%
Expenses
$6.9M
FY2024▲ +1%
Total assets
$3.2M
FY2024▲ +4%
Total liabilities
$1.0M
FY2024▼ -16%
Total revenue
$7.3M
Pt VIII · Ln 12
Total expenses
$6.9M
Pt IX · Ln 25
Net assets
$2.2M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$400K
Total assetsPt X · Ln 16$3.2M
Program-expense ratioPt IX · col B97%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 47
Mission & Programs · Part III

Where the work happens

1 program service account for $6.7M of program spending, described in the organization's own filed words · FY2024.
01

The distribution of eye tissue for transplant, research, and medical education.

$6.7Mprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CVision Share INC
EINHdr · item D54-1912098
Principal addressHdr · item CChicago, IL
WebsiteHdr · item Jnone reported
Year of formationHdr · item L1998
State of legal domicileHdr · item MIL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHealth Care (E65)
Ruling yearIRS BMFMay 1999

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b7
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Phil Fasone
Executive Director
$147,416Pt VII · Sec A
Stacey Troha
Vice Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Chris Hannah
Director
$0Pt VII · Sec A
Sam Ramos
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Phil Fasone’s $147K as Executive Director is at the 51st percentile of top reported officer pay among 3116 $1–10M health care nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Phil Fasone$147,416$140,257$113,631——
Jennifer Mochinski——$81,440$102,916$92,333

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Program service revenue$7.2M · 99%
Investment income$56K · 1%
Program service revenue99%$7.2M
Investment income1%$56K
Other revenue$1K
Total revenueLn 12$7.3M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.97 Management & general $0.03
Program services97%$6.7M
Management & general3%$220K
Total functional expensesLn 25$6.9M

Balance Sheet

Part X · end of year
CashLn 1$753K
Total assetsLn 16$3.2M
Total liabilitiesLn 26$1.0M
Total net assetsLn 32$2.2M
Months of cash on handcomputed1.3

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $2.2M · Operating expenses/yr $6.9M
3.8 months
Where the money goes
Program services
Program services $6.7M · Total expenses $6.9M
97%
Management & General
Management & general $220K · Total expenses $6.9M
3%
Fundraising
Fundraising $0 · Total expenses $6.9M
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $7.3M
0%
Government reliance
Government grants — · Total revenue $7.3M
—
Earned-income share
Program service revenue $7.2M · Total revenue $7.3M
99%
Investment reliance
Investment income $56K · Total revenue $7.3M
+1%
Program self-sufficiency
Program service revenue $7.2M · Total expenses $6.9M
105%
Growth & trend
Revenue growth (YoY)
This year $7.3M · Prior year $7.3M
0%
Revenue CAGR
FY2020 $6.2M · FY2024 $7.3M
+4%
Net-asset trend (YoY)
End of year $2.2M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $7.3M · Expenses $6.9M
+6%
Liabilities-to-Assets
Total liabilities — · Total assets $3.2M
—
Net-asset ratio
Net assets $2.2M · Total assets $3.2M
68%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $1.4M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $3.2M
44%
People & payroll
Highest Reported Total Compensation
Individual Phil Fasone · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $147K · Total expenses $6.9M
2%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $535K · Total expenses $6.9M
8%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 97%——
Overhead ratio 3%——
Revenue growth -0%——
Accounting fee ratio 2%——

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.

Grants

Schedule I · funders on record
Grants received · FY2023
Amazonsmile FoundationFY2023$16
Total grants receivedfrom 1 funder$16

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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)$7.3M revenue · viewing · ⤓ 990 PDF
FY2023$7.3M revenue · ⤓ 990 PDF
FY2022$7.4M revenue · ⤓ 990 PDF
FY2021$7.4M revenue · ⤓ 990 PDF
FY2020$6.2M revenue · ⤓ 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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