Vision To Learn
- Assets
- $20.3m
- Revenue
- $15.9m
- Investments
- $0.0
- Employees
- 110
- Location
- Los Angeles, CA
- Founding
- 03/2012
- Data as of
- 06/2022
- EIN
- 45-3457853
Organization Overview
Vision To Learn is located in Los Angeles, CA. The organization was established in 2012. According to its NTEE Classification (E70) the organization is classified as: Public Health, under the broad grouping of Health Care and related organizations. As of 06/2022, Vision To Learn employed 110 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vision To Learn 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 06/2022, Vision To Learn generated $15.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 33.2% each year . All expenses for the organization totaled $13.9m during the year ending 06/2022. While expenses have increased by 33.6% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE FREE EYE EXAMS AND GLASSES TO STUDENTS IN LOW-INCOME COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE FREE EYE EXAMS AND GLASSES TO STUDENTS IN LOW-INCOME COMMUNITIES. SINCE ITS FOUNDING IN 2012, VISION TO LEARN HAS PROVIDED OVER 2 MILLION VISION SCREENINGS, OVER 408,000 EYE EXAMS APPROXIMATELY 108,000 IN THE YEAR ENDED JUNE 30, 2022 AND OVER 330,000 PAIRS OF GLASSES APPROXIMATELY 72,000 IN THE YEAR ENDED JUNE 30, 2022 TO KINDERGARTEN THROUGH HIGH SCHOOL STUDENTS IN LOW-INCOME COMMUNITIES IN CALIFORNIA AND 15 OTHER STATES IN THE UNITED STATES. VISION TO LEARN HAS VISITED OVER 4,500 SCHOOLS AND COMMUNITY ORGANIZATIONS APPROXIMATELY 700 IN THE YEAR ENDED JUNE 30, 2022 TO PROVIDE THIS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ann Hollister Ex Officio President | Officer | 40 | $205,104 |
Jaya Shetty Chief Financial Officer | Officer | 40 | $161,250 |
John Kim Chief Operating Officer | Officer | 40 | $151,330 |
Peter Silberman Director Of Development | 40 | $135,417 | |
Damian Carroll Chief Of Staff | 40 | $130,000 | |
Joan Chu Reese Executive Director | Officer | 40 | $119,167 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Manatt Phelps & Phillips Llp Legal Services | 6/29/19 | $132,000 |
Solnsoft Llc Software Services | 6/29/19 | $111,265 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $910,172 |
| All other contributions, gifts, grants, and similar amounts not included above | $14,906,738 |
| Noncash contributions included in lines 1a–1f | $1,442,683 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,816,910 |
| Total Program Service Revenue | $106,620 |
| 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 | $15,923,530 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,578,203 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $691,436 |
| Compensation of current officers, directors, key employees. | $227,529 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,775,402 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $133,792 |
| Payroll taxes | $566,728 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $82,571 |
| Fees for services: Accounting | $60,793 |
| Fees for services: Lobbying | $496,005 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,181,089 |
| Advertising and promotion | $72,645 |
| Office expenses | $170,685 |
| Information technology | $137,684 |
| Royalties | $0 |
| Occupancy | $208,596 |
| Travel | $285,224 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $16,928 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $647,852 |
| Insurance | $151,215 |
| All other expenses | $26,735 |
| Total functional expenses | $13,917,816 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,301,052 |
| Savings and temporary cash investments | $150,021 |
| Pledges and grants receivable | $7,274,934 |
| 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 | $317,340 |
| Net Land, buildings, and equipment | $3,251,364 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $20,294,711 |
| Accounts payable and accrued expenses | $1,417,338 |
| Grants payable | $0 |
| Deferred revenue | $327,136 |
| 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 | $137,599 |
| Unsecured mortgages and notes payable | $156,090 |
| Other liabilities | $0 |
| Total liabilities | $2,038,163 |
| Net assets without donor restrictions | $9,242,386 |
| Net assets with donor restrictions | $9,014,162 |
| 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 | $20,294,711 |