Vision Rehabilitation Center of the Ozar

Overview

Mission

The optometrists and occupational therapist at vrco specialize in low vision and neurological based vision impairments services to people of all ages. Low vision is a partial loss of sight. It is often a loss of visual acuity or sharpness, but may be a loss of side vision or extreme difficulty with light or glare. Low vision exists when these conditions cannot be corrected with eyeglasses, contact lenses, medication or surgery and interferes with normal activities of daily living. Low vision services do not cure the cause of low vision, nor do they replace the need for other concurrent treatments such as surgery or medical care, although they do maximize remaining vision. Damage to the brain due to conditions such as strokes, head trauma, tumors, aneurysm correction, lack of oxygen as well as degenerative disease such as parkinson's quite often effects vision. Common symptoms are double vision, loss of vision on one side, poor eye muscle control, reading difficulties and problems with

Operating model

Revenue model

Earned-program. 65% 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. Fundraising costs are high for each dollar raised and some filing-based governance responses are negative or unanswered.

Rating breakdown

• Financial Efficiency: 66
• Transparency & Controls: 84
• Accountability: 88
• Sustainability: 26
• Growth: 0

Detailed rating inputs

Details

• Where the money goes: 77.6% of revenue deployed · 63.3% of spending went to programs
• Governance: 19 of 19 board members independent · 5 of 7 filing controls reported
• Programs: 3 filed program accomplishments · $207K in reported program spending
• Leadership: top reported pay $0 · 18 people listed
• Consistency: 26 of 27 current checks pass · 1 finding to review
• Schedules: 3 filed schedules
• Filing history: 10 filing years from 2010 to 2020
• Contacts: How to reach this organization
• 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

• High — Financial Efficiency: Fundraising efficiency scored 17/100.
• Review — Accountability: Governance controls: 2 of 7 not reported.
• High — Sustainability: Operating margin scored 13/100.
• High — Growth: Program expense growth scored 0/100.
• High — Growth: Revenue growth scored 0/100.
• Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
• High — Growth: Asset growth scored 0/100.
• Moderate — Sustainability: Total-asset coverage ratio scored 34/100.
• High — Sustainability: Liabilities to assets ratio scored 12/100.
• High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.