Near Vision Institute
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2022 | 462,878 | 592,701 | −129,823 | -2.6 | 50% |
| 2023 | 278,423 | 304,243 | −25,820 | -6.1 | 50% |
In its most recent public year (2023), this organization spent $25,820 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-6.1 months), down from -2.6 in 2022. Staff pay was 50% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Near Vision Institute's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works