Progressive Vision Intl
- Assets
- $3.4m
- Revenue
- $2.7m
- Investments
- $0.0
- Employees
- 0
- Location
- Tonawanda, NY
- Founding
- 07/1980
- Data as of
- 12/2022
- EIN
- 23-2062334
Organization Overview
Progressive Vision Intl is located in Tonawanda, NY. The organization was established in 1980. According to its NTEE Classification (X20) the organization is classified as: Christianity, 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. Progressive Vision Intl 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 12/2022, Progressive Vision Intl generated $2.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.3%) each year. All expenses for the organization totaled $2.8m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (5.3%) per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION HOSTS PRAYER CONFERENCES IN ISRAEL AND ALL THROUGHOUT THE WORLD. THE PRAYER GROUPS PRAY SPECIFICALLY FOR ISRAEL AND FOR WORLD PEACE THROUGHOUT THE ENTIRE YEAR.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRESSIVE VISION INTERNATIONAL (PVI) COORDINATES PRAYER MINISTRY, PRAYER WATCHES, AND PRAYER CONFERENCES. THE ORGANIZATION PROVIDES A HOUSE OF PRAYER AND A FASTING FACILITY WHICH COOPERATES WITH LEADERS OF VARIOUS MINISTRIES SO AS TO ACHIEVE MUTUAL GOALS. PVI HOSTS PRAYER MISSIONARY GROUPS TO PRAY AND FAST FOR SPECIFIC NEEDS, DISTRIBUTES TRACTS, BOOKS, TAPES, DVDS, AND NEWSLETTERS IN DIFFERENT LANGUAGES, AND COORDINATES WORLDWIDE PRAYER NETWORKING.
PROGRESSIVE VISION INTERNATIONAL (PVI) COORDINATES PRAYER MINISTRY, PRAYER WATCHES, AND PRAYER CONFERENCES. THE ORGANIZATION PROVIDES A HOUSE OF PRAYER AND A FASTING FACILITY WHICH COOPERATES WITH LEADERS OF VARIOUS MINISTRIES SO AS TO ACHIEVE MUTUAL GOALS. PVI HOSTS PRAYER MISSIONARY GROUPS TO PRAY AND FAST FOR SPECIFIC NEEDS, DISTRIBUTES TRACTS, BOOKS, TAPES, DVDS, AND NEWSLETTERS IN DIFFERENT LANGUAGES, AND COORDINATES WORLDWIDE PRAYER NETWORKING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom Hess President | Officer | 50 | $46,069 |
Kate Hess Vice Presidentsecretary | Officer | 40 | $36,860 |
Jeff Lowenthal Director | Trustee | 1 | $0 |
Afeef Halashah Director | Trustee | 1 | $0 |
Tom Hess President | Officer | 50 | $46,069 |
Kate Hess Vice Presidentsecretary | Officer | 40 | $36,860 |
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 | $1,007,533 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,007,533 |
| Total Program Service Revenue | $1,712,052 |
| Investment income | $4,044 |
| 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 | $20,384 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,744,013 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| 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 | $0 |
| Office expenses | $0 |
| 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 | $0 |
| All other expenses | $0 |
| Total functional expenses | $2,779,133 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,904,958 |
| Savings and temporary cash investments | $5,372 |
| 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 | $127,833 |
| Inventories for sale or use | $16,388 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,357,540 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,412,091 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $8,150 |
| 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 | $8,150 |
| Net assets without donor restrictions | $3,403,941 |
| 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 | $3,412,091 |