Vision Ed Inc
- Assets
- $564.6k
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 42
- Location
- Brooklyn, NY
- Founding
- 05/2004
- Data as of
- 01/2024
- EIN
- 20-1141597
Organization Overview
Vision Ed Inc is located in Brooklyn, NY. The organization was established in 2004. According to its NTEE Classification (S02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 01/2024, Vision Ed Inc employed 42 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vision Ed 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 01/2024, Vision Ed Inc generated $1.6m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 17.0% each year . All expenses for the organization totaled $1.5m during the year ending 01/2024. While expenses have increased by 18.3% per year over the past 9 years. They've been increasing with an increasing level of total revenue. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDING UNDERSERVED YOUTH WITH CODING , ROBOTICS, DIY MAKER AND OTHER STEAM LEARNING OPPORTUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN THE SCHOOL YEAR, VISION ED WILL BE SERVING OVER 700 STUDENTS IN GRADES K-12 IN THE UNDERSERVED NEIGHBORHOODS OF THE SOUTH BRONX AND BROWNSVILLE . THROUGH THE DEVELOPMENT AND IMPLEMENTATION OF TECHNOLOGY BASED PROGRAMS AND THE IONTEGRATION OF THESE PROGRAMS INTO THE CLASSROOM , VISION ED PROVIDES ENGAGING PARTICIPATORY LEARNING FOR STUDENTS AND PROFESSIONAL DEVELOPMENT OPPORUTINITIES FOR TEACHERS . OUR PROJECT BASED STEAM PROGRAMMING ALSO SUPPORTS AND HELPS STUDENTS TO ACQUIRE ESSENTIAL SKILLS IN CRITICAL THINKING . INDEPENDENT PROBLEM SOLVING , AND DEMOCRATIC BEHAVIOR ,FOSTERING IN THEM THE COMPETENCE AND CONFIDENCE TO GROW AND ACHIEVE WITH IN THEIR COMMUNITY, SOCIETY AND THE 21ST CENTURY GLOBAL COMMUNITY .
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sarah Chakrin Executive Dir. | Trustee | 40 | $95,669 |
Rosaura Nunez Treasurer | Trustee | 1 | $0 |
Eugene Strupinsky Board Member | Trustee | 1 | $0 |
Scottie Cabrera Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,559,584 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,561,584 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $1,561,584 |
| 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. | $95,669 |
| Compensation of current officers, directors, key employees. | $8,414 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $432,987 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $66,844 |
| Payroll taxes | $52,476 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $791,584 |
| Advertising and promotion | $0 |
| Office expenses | $5,501 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $21,067 |
| 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 | $4,610 |
| All other expenses | $0 |
| Total functional expenses | $1,537,690 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $467,498 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $91,105 |
| 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 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,000 |
| Total assets | $564,603 |
| Accounts payable and accrued expenses | $275 |
| Grants payable | $0 |
| Deferred revenue | $497,701 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $30,000 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $527,976 |
| Net assets without donor restrictions | $36,627 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $564,603 |