Vision Presbyterian Church is located in Duluth, GA. The organization was established in 2014. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 12/2023, Vision Presbyterian Church employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vision Presbyterian Church 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 12/2023, Vision Presbyterian Church generated $872.4k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.8% each year. All expenses for the organization totaled $733.1k during the year ending 12/2023. While expenses have increased by 5.2% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION STATEMENT OF VISION PRESBYTERIAN CHURCH IS LIVING WITH JESUS. GALATIANS 2:20 TELL US, I HAVE BEEN CRUCIFIED WITH CHRIST AND I NO LONGER LIVE, BUT CHRIST LIVES IN ME. THE LIFE I LIVE IN THE BODY, I LIVE BY FAITH IN THE SON OF GOD, WHO LOVED ME AND GAVE HIMSELF FOR ME.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUNDAY WORSHIP SERVICE: 8:00AM, 11:00AMCHILDREN MINISTRY: 11:00AMYOUTH MINISTRY: 11:00AMFREEDOM CHURCH(YOUNG ADULTS): 1:30PM MORNING PRAYER SERVICE: 5:30AM(MON.- FRI.), 6:00AM(SAT ONLY).EVERY WEDNESDAY WORSHIP SERVICE: 8:00PMEVERY FRIDAY PRAYER SERVICE: 8:30PM1) TEACHING THE BIBLE & TRAINING THE DISCIPLESHIP OF JESUS 2) SERVING LOCAL MINISTRY & SERVING OVERSEA MISSIONARY WORK3) OPERATING A VACATION BIBLE SCHOOL & GOING FIELD TRIP FOR THE SECOND GENERATION4) WATCHING A KOREAN MOVIE & PICNIC DAY SUNDAY WORSHIP SERVICE: 8:00AM, 11:00AMCHILDREN MINISTRY: 11:00AMYOUTH MINISTRY: 11:00AMFREEDOM CHURCH(YOUNG ADULTS): 1:30PM MORNING PRAYER SERVICE: 5:30AM(MON.- FRI.), 6:00AM(SAT ONLY).EVERY WEDNESDAY WORSHIP SERVICE: 8:00PMEVERY FRIDAY PRAYER SERVICE: 8:30PM1) TEACHING THE BIBLE & TRAINING THE DISCIPLESHIP OF JESUS 2) SERVING LOCAL MINISTRY & SERVING OVERSEA MISSIONARY WORK3) OPERATING A VACATION BIBLE SCHOOL & GOING FIELD TRIP FOR THE SECOND GENERATION4) WATCHING A KOREAN MOVIE & PICNIC DAY
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $871,581 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $871,581 |
Total Program Service Revenue | $0 |
Investment income | $840 |
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 | $872,421 |
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. | $72,015 |
Compensation of current officers, directors, key employees. | $72,015 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $134,500 |
Pension plan accruals and contributions | $5,000 |
Other employee benefits | $8,888 |
Payroll taxes | $15,798 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $2,759 |
Office expenses | $31,774 |
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 | $30,589 |
Interest | $22,531 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $31,998 |
Insurance | $11,494 |
All other expenses | $118,391 |
Total functional expenses | $733,145 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $227,591 |
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 |
Net Land, buildings, and equipment | $951,553 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,179,144 |
Accounts payable and accrued expenses | $0 |
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 | $508,472 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $508,472 |
Net assets without donor restrictions | $670,672 |
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 | $1,179,144 |