Visioncorps Foundation
- Assets
- $0.0
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 4
- Location
- Lancaster, PA
- Founding
- 08/2008
- Data as of
- 06/2021
- EIN
- 20-8657297
Organization Overview
Visioncorps Foundation is located in Lancaster, PA. The organization was established in 2008. According to its NTEE Classification (P86) the organization is classified as: Blind & Visually Impaired Centers, under the broad grouping of Human Services and related organizations. As of 06/2021, Visioncorps Foundation employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Visioncorps Foundation 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 06/2021, Visioncorps Foundation generated $1.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (16.7%) each year. All expenses for the organization totaled $1.0m during the year ending 06/2021. 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
SUPPORTING OPPORTUNITIES THAT ENABLE GREATER PERSONAL & ECONOMIC INDEPENDENCE FOR PEOPLE WHO ARE BLIND OR VISION IMPAIRED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANT-MAKING - VISIONCORPS FOUNDATION TRUSTEES APPROVED GRANTS SUPPORTING PROGRAMS THAT ENABLE GREATER FINANCIAL AND SOCIAL INDEPENDENCE FOR PEOPLE WHO ARE BLIND. GRANTS GIVEN INCLUDE GRANTS TO PROGRAMS THAT HAVE PROVIDED 114,000 HOURS OF WORK TO EMPLOYEES WHO ARE BLIND, GIVING THESE INDIVIDUALS ECONOMIC INDEPENDENCE.
EDUCATION AND PUBLIC AWARENESS - VISIONCORPS FOUNDATION UNDERSTANDS THAT COMMUNITY EDUCATION AND AWARENESS IS CRITICAL IN MAINTAINING SUPPORT FOR ITS PROGRAMS. ONE PARTICULAR PROGRAM SUPPORTED BY THE FOUNDATION SERVED 1,217 UNIQUE CLIENTS IN ITS MANY SERVICE AREAS, FOR A TOTAL OF 11,015 SERVICE HOURS - THIS WOULD NOT HAVE BEEN POSSIBLE WITHOUT THE SUPPORT OF AN AWARE AND ACTIVELY CONTRIBUTING COMMUNITY. THE FOUNDATION ALSO SUPPORTED PREVENTATIVE EFFORTS THAT SCREENED 7,748 INDIVIDUALS (CHILDREN AND ADULTS) FOR SIGNS OF VISION LOSS. STATISTICS INDICATE THAT THE NUMBER OF PEOPLE WHO ARE BLIND IN THE UNITED STATES WILL DOUBLE IN THE NEXT DECADE, AND THE CONTINUATION AND INCREASE OF THESE SERVICES IS CRUCIAL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Megan E Tomsheck Vice President | Officer | 40 | $118,366 |
Bryan Martin Secretary/treasurer | OfficerTrustee | 1 | $0 |
Dennis Steiner President | OfficerTrustee | 10 | $0 |
Tom Kile Chair | OfficerTrustee | 1 | $0 |
Neal Heisey Trustee | Trustee | 1 | $0 |
Don Barton Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $76,818 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $409,809 |
| Noncash contributions included in lines 1a–1f | $9,514 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $486,627 |
| Total Program Service Revenue | $0 |
| Investment income | $244,587 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $330,996 |
| Net Income from Fundraising Events | -$23,168 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,039,042 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $504,779 |
| Grants and other assistance to domestic individuals. | $2,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $72,595 |
| Compensation of current officers, directors, key employees. | $8,276 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $154,154 |
| Pension plan accruals and contributions | $8,420 |
| Other employee benefits | $14,464 |
| Payroll taxes | $19,405 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $38,941 |
| Fees for services: Investment Management | $57,018 |
| Fees for services: Other | $65,076 |
| Advertising and promotion | $9,518 |
| Office expenses | $3,100 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $3,878 |
| Travel | $433 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,362 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $570 |
| Insurance | $1,879 |
| All other expenses | $6,163 |
| Total functional expenses | $1,031,464 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $0 |
Grants Awarded
Over the last fiscal year, Visioncorps Foundation has awarded $544,576 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Lancaster, PA PURPOSE: TO FURTHER THE MISSION OF THE FOUNDATION. | $544,576 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Visioncorps Foundation has recieved totaling $16,633.
| Awarding Organization | Amount |
|---|---|
Bruce R And Madelyn G Snyder Foundation Red Lion, PA PURPOSE: FOR THE GENERAL OPERATING FUND | $8,000 |
Anabaptist Foundation Lewisburg, PA | | $6,000 |
Vernon And Doris Bishop Foundation Lebanon, PA PURPOSE: GENERAL FUND PURPOSE | $2,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $133 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Association For The Blind And Visually Impaired-Goodwill Industr Rochester, NY | $38,384,000 | $14,634,022 |
Via Visually Impaired Advancement Buffalo, NY | $14,312,562 | $14,987,718 |
Keystone Blind Association Hermitage, PA | $7,368,800 | $13,832,538 |
Visions Services For The Blind And Visually Impaired New York, NY | $132,242,399 | $14,332,092 |
Cincinnati Association For The Blind Cincinnati, OH | $47,537,282 | $12,376,472 |
Cleveland Society For The Blind Cleveland, OH | $134,853,057 | $29,589,386 |
Blind Industries & Services Of Maryland Baltimore, MD | $36,482,311 | $9,322,066 |
North Central Sight Services Inc Williamsport, PA | $12,090,988 | $11,041,823 |
Visioncorps Lancaster, PA | $39,668,941 | $11,840,915 |
Clovernook Center For The Blind And Visually Impaired Cincinnati, OH | $36,604,319 | $10,891,182 |
Jewish Guild For The Blind New York, NY | $68,568,868 | $9,629,979 |
Guide Dog Foundation For The Blind Inc Smithtown, NY | $48,826,109 | $13,918,395 |