Vision Coalition Inc
- Assets
- $540.6k
- Revenue
- $71.2k
- Investments
- $0.0
- Employees
- 1
- Location
- Andover, MA
- Founding
- 11/2007
- Data as of
- 03/2021
- EIN
- 04-6139908
Organization Overview
Vision Coalition Inc is located in Andover, MA. The organization was established in 2007. According to its NTEE Classification (G41) the organization is classified as: Eye Diseases, Blindness & Vision Impairments, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vision Coalition Inc 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 03/2021, Vision Coalition Inc generated $71.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.2%) each year. All expenses for the organization totaled $105.8k during the year ending 03/2021. As we would expect to see with falling revenues, expenses have declined by (1.4%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF VISION COALITION,INC. IS TO HELP THE CITIZENS OF MASSACHUSETTS ENJOY A BETTER LIFE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAM ACTIVITY SERVICES INCLUDE FREE EYE CARE CLINICS, FREE VISION SCREENINGS,
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alan Cregg Executive Director | Trustee | 40 | $75,000 |
Garrett Trierweller President | Trustee | 0 | $0 |
Barry Snyder Director | Trustee | 0 | $0 |
Dan Rea Director | Trustee | 0 | $0 |
Francis T O'brien Jr Director | Trustee | 0 | $0 |
Nancy Donahue Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $45,611 |
| Investment income | $10,798 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $14,807 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $71,216 |
| Statement of Expenses | |
|---|---|
| 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. | $75,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,723 |
| Payroll taxes | $9,430 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,075 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,596 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $705 |
| All other expenses | $0 |
| Total functional expenses | $105,816 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $416 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $540,211 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $540,627 |
| Accounts payable and accrued expenses | $7,945 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $7,945 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $532,682 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Vision Coalition Inc has recieved totaling $5,526.
| Awarding Organization | Amount |
|---|---|
Ernest J Dexter Trust Uw C/Oshawmut Central Tax Unit Dallas, TX PURPOSE: UNRESTRICTED GENERAL | $3,026 |
Charles C Foisy And Florida C A Foisy Foundation North Andover, MA PURPOSE: MEDICAL | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sightsavers Inc Boston, MA | $3,088,961 | $38,408,510 |
Mab Community Services Inc Brookline, MA | $22,797,863 | $33,503,586 |
Central Association For The Blind Inc Utica, NY | $109,170,090 | $29,734,150 |
Help Me See Inc New York, NY | $19,214,476 | $10,645,752 |
Carroll Center For The Blind Inc Newton, MA | $12,273,464 | $7,857,415 |
Northeastern Association Of The Blind At Albany Inc Albany, NY | $6,246,704 | $6,313,158 |
Eye To Eye Inc New York, NY | $3,187,260 | $4,382,588 |
Jbi International Inc New York, NY | $25,677,529 | $3,230,233 |
Vermont Association For The Blind And Visually Impaired Inc South Burlington, VT | $11,330,478 | $4,815,693 |
New Hampshire Association For The Blind Concord, NH | $13,968,275 | $3,346,181 |
Glaucoma Foundation Inc New York, NY | $12,951,160 | $4,297,114 |
Readers Digest Partners For Sight Foundation Mt Kisco, NY | $12,659,524 | $1,861,545 |