Forsight Vision
- Assets
- $6.5m
- Revenue
- $1.0m
- Investments
- $5.5m
- Employees
- 43
- Location
- York, PA
- Founding
- Data as of
- 12/2016
- EIN
- 23-1365986
Organization Overview
Forsight Vision is located in York, PA. As of 12/2016, Forsight Vision employed 43 individuals. Forsight Vision is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2016, Forsight Vision generated $1.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (5.9%) each year. All expenses for the organization totaled $1.7m during the year ending 12/2016. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2016
Describe the Organization's Mission:
Part 3 - Line 1
FORSIGHT VISION PROVIDES SPECIALIZED SERVICES DESIGNED TO PREVENT, PREPARE FOR AND MANAGE LOSS OF VISION WHILE BUILDING AWARENESS WITHIN OUR COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION EMPLOYS INDIVIDUALS WHO ARE LEGALLY BLIND TO PROVIDE EMPLOYMENT OPPORTUNITIES IN A SERVICE ENVIRONMENT THROUGH GOVERNMENT & PRIVATE CONTRACTS. FOR FISCAL YEAR 2016 FORSIGHT VISION PROVIDED 24,108 HOURS OF EMPLOYMENT TO PERSONS WHO ARE LEGALLY BLIND. A TOTAL OF 17 LEGALLY BLIND PERSONS WERE EMPLOYED IN EITHER A FULL OR PART TIME CAPACITY. FORSIGHT VISION IS THE EXCLUSIVE RECYCLER OF PLASTIC MAILING CONTAINERS, AND ALSO CLEANS AND REFORMATS THE CARTRIDGES OF THE TALKING BOOKS USED BY THE NATIONAL LIBRARY OF CONGRESS FOR ITS TALKING BOOK PROGRAM. FORSIGHT VISION ALSO EMPLOYS OTHERS IN ITS DOCUMENT IMAGING DEPARTMENT. FORSIGHT VISION RECEIVED 3,409 AS AN AWARD FOR EMPLOYEE RETENTION IN 2016 FROM NIB.
FORSIGHT PROMOTES SIGHT CONSERVATION THROUGH ITS PRESCHOOL SCREENING PROGRAM. FORSIGHT SCREENED 3,432 PRESCHOOL STUDENTS IN 2016. A TOTAL OF 183 CHILDREN WERE REFERRED FOR FOLLOW UP EXAMINATIONS BY AN EYE CARE PROFESSIONAL FOR AMBLYOPIA, ASTIGMATISM, HYPEROPIA, AND MYOPIA. TO PROVIDE MORE INFORMATION ABOUT AMBLYOPIA, FORSIGHT VISION HAS ESTABLISHED A SUPPORT GROUP CALLED SUCCESS FOR PARENTS AND THEIR CHILDREN. IT EXPANDED ITS LOW VISION SERVICE WHEN A CURRENT STAFF MEMBER RECEIVED HER MASTER'S DEGREE IN LOW VISION REHABILITATION. FORSIGHT CONTINUES TO SELL AIDS AND APPLIANCES THROUGH ITS RETAIL STORE. FORSIGHT PROVIDES EVALUATION AND TRAINING IN COMPUTER TECHNOLOGY.
FORSIGHT VISION'S SOCIAL SERVICES PROGRAM ASSISTS INDIVIDUALS WHO ARE BLIND OR VISUALLY IMPAIRED TO ATTAIN MAXIMUM INDEPENDENCE IN LIVING WITHIN THEIR HOMES AND IN THE COMMUNITIES. IN 2010, FORSIGHT VISION ESTABLISHED AN ART PROGRAM FOR CHILDREN WHO ARE BLIND, THEIR SIBLINGS AND THEIR PARENTS. THE PROGRAM WAS EXPANDED TO INCLUDE OTHER RECREATIONAL ACTIVITIES.
FORSIGHT VISION PROMOTES SIGHT CONSERVATION THROUGH EDUCATION AND THE SALE OF LOW VISION PRODUCTS AND CCTV'S.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donald Barton Board Chair | OfficerTrustee | 1 | $0 |
Margaret Driscoll Director | Trustee | 1 | $0 |
Gregory Beshore Vice Chair | OfficerTrustee | 1 | $0 |
Felicia Ramsey Director | Trustee | 1 | $0 |
Dr Jacques Surer Director | Trustee | 1 | $0 |
Lauren M Bruckhart Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $37,527 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $53,811 |
| All other contributions, gifts, grants, and similar amounts not included above | $228,583 |
| Noncash contributions included in lines 1a–1f | $6,615 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $319,921 |
| Total Program Service Revenue | $476,300 |
| Investment income | $213,657 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,009,878 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $167,522 |
| Compensation of current officers, directors, key employees. | $139,043 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $726,151 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $245,594 |
| Payroll taxes | $78,898 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $890 |
| Fees for services: Accounting | $13,900 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $11,326 |
| Fees for services: Investment Management | $20,065 |
| Fees for services: Other | $19,475 |
| Advertising and promotion | $9,693 |
| Office expenses | $15,729 |
| Information technology | $27,381 |
| Royalties | $0 |
| Occupancy | $58,288 |
| Travel | $13,586 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,305 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $75,603 |
| Insurance | $29,477 |
| All other expenses | $7,666 |
| Total functional expenses | $1,667,998 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $45,879 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $30,145 |
| Accounts receivable, net | $46,015 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $21,720 |
| Prepaid expenses and deferred charges | $4,987 |
| Net Land, buildings, and equipment | $833,546 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $5,546,581 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,000 |
| Total assets | $6,529,873 |
| Accounts payable and accrued expenses | $308,400 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $269,027 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $20,817 |
| Total liabilities | $598,244 |
| Unrestricted restricted net Assets | $2,998,209 |
| Temporarily restricted net Assets | $232,840 |
| Permanently restricted net Assets or current funds | $2,700,580 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $5,931,629 |