Newview Oklahoma Inc

Nonprofit profile at a glance

EIN
730592386
IRS 990 coverage
2010–2024
Forms available
Form 990 2024, Form 990-T 2021
Location
Oklahoma City, OK, USA
Phone
4052324644
Rating
83
Verdict
STRONG
Rating confidence
Moderate
Sector
Sheltered Employment

Reported finances

Revenue
$23,320,498
Expenses
$23,698,780
Assets
$24,356,504
Liabilities
$3,196,912

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

27 people listed

Executive titles in this filing

  • LAUREN BRANCH (PRESIDENT AND CEO)
  • AVERY ODEN (VICE PRESIDENT, BUSINESS DEVELOPMENT)
  • MASUMI WARD (VICE PRESIDENT, HUMAN RESOURCES)

Highest reported compensation

  • LAUREN BRANCH (PRESIDENT AND CEO): $316,792 total reported compensation
  • MINDY STEVENSON (CFO): $180,548 total reported compensation
  • DAMON SWIFT (COO): $177,372 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Newview empowers individuals facing vision loss by maximizing their opportunities to live life without limits through all stages of life.

What it reported doing in 2024

Comprehensive vision rehabiliation - newview operates two centers for low-vision and blindness - one in Oklahoma city, and one in tulsa, Oklahoma. Serving clients from birth to death, newviews vision rehabilitation services program provides specialized services and support that enables visually impaired individuals to achieve greater independence, including: 1) comprehensive, highly-specialized, vision rehabilitation including optometry, occupational therapy, and orientation and mobility; 2) training in core skills needed for a stable home environment, such as cooking, personal organization, reading mail and financial management; 3) techniques for independently and safely navigating home, neighborhood and work environments; 4) instruction in computer technology; and 5) job assessment, placement and training that enables the client to compete successfully for a job, remain employed, and advance in the workplace.

Operating model

Revenue model
Earned-program. 90% 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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 80
  • Transparency & Controls: 79
  • Accountability: 100
  • Sustainability: 37
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 87.9%; rating input score 88
  • Program expense ratio: 88.2%; rating input score 88
  • Fundraising efficiency: $3.48 raised per $1 spent on fundraising; rating input score 13; 13th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -1.6%; rating input score 24; 24th percentile among comparable filings
  • Total-asset coverage ratio: 1.03; rating input score 37; 37th percentile among comparable filings
  • Liabilities to assets ratio: 0.13; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 4.6%; rating input score 54; 54th percentile among comparable filings

Growth

  • Program expense growth: 2.8% per year; rating input score 100; 25th percentile among comparable filings
  • Revenue growth: 6.2% per year; rating input score 100; 54th percentile among comparable filings
  • Asset growth: 10.8% per year; rating input score 100; 68th percentile among comparable filings

Details

  • Where the money goes: 87.9% of revenue deployed · 88.2% of spending went to programs
  • Governance: 21 of 21 board members independent · 9 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $20.9M in reported program spending
  • Leadership: top reported pay $317K · 27 people listed · 3 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $2.5M reported
  • Consistency: 38 of 38 current checks pass
  • Schedules: 8 filed schedules · includes major donors and executive pay
  • Filing history: 15 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 6 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Fundraising efficiency scored 13/100.
  • High — Sustainability: Operating margin scored 24/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 37/100.
  • Review — Sustainability: Officer compensation ratio scored 54/100.