Eternal Vision Inc

Organization Overview

Eternal Vision Inc is located in Watertown, WI. The organization was established in 2008. According to its NTEE Classification (X02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Eternal Vision 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 12/2021, Eternal Vision Inc generated $293.8k 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 (24.7%) each year. All expenses for the organization totaled $441.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Eternal Vision Inc has awarded 56 individual grants totaling $4,099,693. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

ETERNAL VISION PROMOTES QUALITY AND EXCELLENCE IN MINISTRY BY TEACHING BIBLICAL STEWARDSHIP AND BUILDING MINISTRY ENDOWMENTS

Describe the Organization's Program Activity:

Part 3 - Line 4a

EDUCATIONAL PROGRAMS WERE SUPPORTED AND INFORMATION WAS PROVIDED TO PROMOTE CHRISTIAN EDUCATION AND RELIGIOUS ORGANIZATIONS IN THE UNITED STATES AND AROUND THE WORLD. DONORS GENEROUSLY CONTRIBUTED TO SUPPORT THE CAUSE OF CHRISTIAN EDUCATION TO ADVANCE QUALITY AND FIDELITY TO THE WORD OF GOD


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Board, Officers & Key Employees

Name (title)Compensation
Matthew Davis
President
$57,600
Corey Pfaffe
Member At Large
$6,979
John Davis
Secretary/treasurer
$0
David Pennington
Vice President
$0
Darrell Beernink
Member At Large
$0

Financial Statements

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$253,897
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$253,897
Total Program Service Revenue$0
Investment income $39,908
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 $293,805

Grants Awarded

Over the last fiscal year, Eternal Vision Inc has awarded $303,450 in support to 8 organizations.

Grant RecipientAmount

MARANATHA BAPTIST UNIVERSITY

Org PageRecipient Profile

Watertown, WI

PURPOSE: Student Assistance

$187,608

DOWNEAST BAPTIST CHURCH

PURPOSE: Religious Programs

$37,500

AMBASSADOR BAPTIST COLLEGE

Org PageRecipient Profile

Lattimore, NC

PURPOSE: Student Assistance

$21,810

Chetek, WI

PURPOSE: Religious Programs

$18,000

SOUTHERN BAPTIST THEOLOGICAL SEMINARY

Org PageRecipient Profile

Louisville, KY

PURPOSE: Student Assistance

$11,155

CULLMAN CHRISTIAN SCHOOL

Org PageRecipient Profile

Cullman, AL

PURPOSE: Student Assistance

$10,261
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Eternal Vision Inc has recieved totaling $955,000.

Awarding OrganizationAmount
Network For Good Inc

Washington, DC

PURPOSE: Unrestricted

$955,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$866,243
Earnings$127,013
Admin Expense$17,931
Net Contributions$239,055
Other Expense$506
Grants$373,571
Ending Balance$840,303

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