Better Vision Better Hope
Nonprofit profile at a glance
- EIN
- 463723564
- IRS 990 coverage
- 2018–2024
- Forms available
- Form 990 2024, Form 990-EZ 2020, Form 990-N 2015
- Location
- Fort Worth, TX, USA
- Phone
- 8179755006
- Rating
- 60
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Eye Diseases, Blindness and Vision Impairments
Reported finances
- Revenue
- $347,733
- Expenses
- $359,002
- Assets
- $84,718
- Liabilities
- $2,430
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- Gayle Daniels (President)
Highest reported compensation
- Gayle Daniels (President): $30,000 total reported compensation
- Kristopher Watts (Secretary): $800 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Daniel Migael Foundation, Inc is a group of volunteers that is dedicated to making vision care accessible to those who have found themselves in less than desirable circumstances (shelters) and resource-poor communities. Our goal is to better the chances for them to contribute back to their communities and families whether that be through education, employment or life skills.
What it reported doing in 2024
The Organization provides vision care services for those who cannot afford eye exams or glasses. Examinations are conducted and glasses are made with frames that are donated. A minimal fee is charged to cover some of the cost of the lenses and shipping costs.
Operating model
- Revenue model
- Earned-program. 73% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 69
- Transparency & Controls: 86
- Accountability: 0
- Sustainability: 27
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 78.9%; rating input score 79
- Program expense ratio: 76.4%; rating input score 76
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 92.3%; rating input score 92; 22nd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 0%; rating input score 0; 7th percentile among comparable filings
- Governance controls: 0 of 9 controls in place; rating input score 0
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Fail
- Audit committee oversight: Fail
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -3.2%; rating input score 32; 32nd percentile among comparable filings
- Total-asset coverage ratio: 0.24; rating input score 13; 13th percentile among comparable filings
- Liabilities to assets ratio: 0.03; rating input score 37; 37th percentile among comparable filings
- Officer compensation ratio: 8.6%; rating input score 30; 30th percentile among comparable filings
Growth
- Program expense growth: 14.6% per year; rating input score 100; 78th percentile among comparable filings
- Revenue growth: 14.5% per year; rating input score 100; 81st percentile among comparable filings
- Asset growth: 3.3% per year; rating input score 100; 39th percentile among comparable filings
Details
- Where the money goes: 78.9% of revenue deployed · 76.4% of spending went to programs
- Governance: 0 of 5 board members independent · 0 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $274K in reported program spending
- Leadership: top reported pay $30K · 5 people listed
- Consistency: 26 of 26 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 5 filing years from 2018 to 2024
- Contacts: How to reach this organization
- Money network: 4 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Accountability: Independent voting board scored 0/100.
- High — Accountability: Governance controls: 9 of 9 not reported.
- Moderate — Sustainability: Operating margin scored 32/100.
- High — Sustainability: Total-asset coverage ratio scored 13/100.
- Moderate — Sustainability: Officer compensation ratio scored 30/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 37/100.