Visionaries Incorporated
- Assets
- $357.4k
- Revenue
- $333.3k
- Investments
- $0.0
- Employees
- 1
- Location
- Oklahoma City, OK
- Founding
- 03/1974
- Data as of
- 12/2023
- EIN
- 23-7349483
Organization Overview
Visionaries Incorporated, operating under the name Visionaries International, is located in Oklahoma City, OK. The organization was established in 1974. According to its NTEE Classification (G41) the organization is classified as: Eye Diseases, Blindness & Vision Impairments, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Visionaries International 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, Visionaries International generated $333.3k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $307.2k during the year ending 12/2023. While expenses have increased by 13.5% per year over the past 5 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
HELPING THE HELPERS, CAREGIVERS, EDUCATORS, AND BUILDERS IN CHRISTIAN SERVICE AROUND THE WORLD. PRIMARY PURPOSE: SHARE THE GOSPEL OF CHRIST. SIGNIFICANT ACTIVITIES: PROVIDE TRAINING, FINANCIAL ASSISTANCE, AND ENCOURAGEMENT TO PASTORS, STUDENTS, AND CHURCHES; GRANT MINISTER CREDENTIALS TO INDIVIDUALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2023, VISIONARIES INC PROVIDED ASSISTANCE TO PASTORS, EDUCATORS, STUDENTS, AND CHURCHES ON THE FOREIGN FIELD. THIS INCLUDED TRAINING, FINANCIAL ASSISTANCE, AND ENCOURAGEMENT TO THOSE IN CHRISTIAN MINISTRY IN APPROXIMATELY TEN LOCATIONS. THE NUMBER OF PERSONS BENEFITED THROUGH THIS ASSISTANCE IS IMPOSSIBLE TO ASSESS. VISIONARIES INC IS COMMITTED TO CONTINUED ASSISTANCE IN THESE AREAS.
IN 2023, VISIONARIES INC DESIGNATED A PERCENTAGE OF COMPENSATION TO CURRENT KEY EMPLOYEES AS EXPENSES FOR PROGRAM SERVICES.
IN 2023, VISIONARIES INC INCURRED EXPENSES OF KEY DIRECTORS AND STAFF ENGAGED IN TRAVEL FOR THE PURPOSE OF OVERSEEING AND EVALUATING PROGRAM SERVICES. THIS INCLUDED TRAINING, TEACHING, MINISTERIAL SERVICE, AND ENCOURAGEMENT TO THOSE WE SERVE. THE NUMBER OF PERSONS WHO BENEFITED IS IMPOSSIBLE TO ASSESS. VISIONARIES INC. IS COMMITTED TO CONTINUED ASSISTANCE IN THESE AREAS.
IN 2023, VISIONARIES INC PROVIDED ASSISTANCE TO PASTORS, EDUCATORS, STUDENTS, AND CHURCHES LOCATED IN THE USA. THIS INCLUDED TRAINING, FINANCIAL ASSISTANCE, AND ENCOURAGEMENT TO THOSE IN CHRISTIAN MINISTRY IN SEVERAL LOCATIONS. THE NUMBER OF PERSONS WHO BENEFITED THROUGH THIS ASSISTANCE IS IMPOSSIBLE TO ASSESS. VISIONARIES INC. IS COMMITTED TO CONTINUED ASSISTANCE IN THESE AREAS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Curtis L Baker President/director | OfficerTrustee | 30 | $36,000 |
Karlene Arthur Secretary-Treasurer | OfficerTrustee | 30 | $23,268 |
E Leroy Baker Founder | 0 | $0 | |
Christopher Baker Vice President | OfficerTrustee | 0 | $0 |
John Bennett Trustee | Trustee | 0 | $0 |
Timothy Gilliam Trustee | Trustee | 0 | $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 | $333,341 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $333,341 |
| 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 | $333,341 |
| 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. | $59,268 |
| Compensation of current officers, directors, key employees. | $29,634 |
| 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 | $8,186 |
| Information technology | $473 |
| Royalties | $0 |
| Occupancy | $12,000 |
| Travel | $64,694 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $119 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $307,230 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $75,181 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | -$130,000 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $112,193 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $300,000 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $357,374 |
| 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 | $300,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,491 |
| Total liabilities | $301,491 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $55,883 |
| 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 | $357,374 |