Vision Foundation is located in Sioux Falls, SD. The organization was established in 2014. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vision 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 12/2021, Vision Foundation generated $186.6k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.5% each year. All expenses for the organization totaled $135.8k during the year ending 12/2021. 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
IMPROVE EYE-RELATED ACCESS AND DOCTOR EDUCATION THROUGHOUT THE MIDWEST.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION PROVIDED AND SUPPORTED VISION RELATED PROGRAMS FOR DISADVANTAGED PATIENTS. SURGERIES WERE PROVIDED TO 51 PATIENTS DURING 2021. THESE PATIENTS ARE VETTED THROUGH A NATIONAL ORGANIZATION AND SERVICES ARE PROVIDED THROUGH IN-KIND DONATIONS. ADDITIONALLY, THE FOUNDATION PROMOTES AND SUPPORTS EDUCATION IN THE FIELD OF OPHTHALMOLOGY AND OPTOMETRY THROUGH SYMPOSIUMS, SEMINARS, PUBLICATIONS AND OTHER EDUCATIONAL EFFORTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Matt Jensen President | OfficerTrustee | 4 | $0 |
Brian Frick Vp/secretary/treasurer | Officer | 4 | $0 |
Tom Mcdowell Board Member | Trustee | 1 | $0 |
Bill Lindqust Board Member | Trustee | 1 | $0 |
Steve Kirby Board Member | Trustee | 1 | $0 |
Michelle Lavallee Board Member | Trustee | 1 | $0 |
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 | $10,050 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $10,050 |
Total Program Service Revenue | $176,557 |
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 | $186,607 |
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 | $1,915 |
Fees for services: Accounting | $2,013 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $92,430 |
Advertising and promotion | $0 |
Office expenses | $16,238 |
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 | $22,763 |
Interest | $78 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $350 |
Total functional expenses | $135,787 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $97,062 |
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 | $97,062 |
Accounts payable and accrued expenses | $8,108 |
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 | $8,108 |
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 | $88,954 |
Total liabilities and net assets/fund balances | $97,062 |
Over the last fiscal year, we have identified 1 grants that Vision Foundation has recieved totaling $10,750.
Awarding Organization | Amount |
---|---|
American Society Of Cataract And Refractive Surgery Foundation Fairfax, VA PURPOSE: PROGRAM SUPPORT | $10,750 |
Organization Name | Assets | Revenue |
---|---|---|
Catholic Charities Of The Archdiocese Of St Paul & Mpls St Paul, MN | $180,924,652 | $74,331,650 |
Hawkeye Area Community Action Program Inc Hiawatha, IA | $14,892,193 | $63,434,127 |
South Metro Human Services St Paul, MN | $24,939,611 | $41,757,961 |
Parents In Community Action Minneapolis, MN | $14,134,015 | $37,230,373 |
St Johns Lutheran Ministries Inc Billings, MT | $38,324,919 | $31,887,002 |
Lutheran Social Services Of South Dakota Sioux Falls, SD | $22,221,819 | $25,937,236 |
Project For Pride In Living Inc Minneapolis, MN | $29,922,760 | $30,071,909 |
Human Resource Development Council Of District Ix Inc Bozeman, MT | $47,809,301 | $27,758,445 |
Inter-Lakes Community Action Partnership Inc Madison, SD | $10,023,464 | $21,798,461 |
Catholic Charities Of The Diocese Of St Cloud St Cloud, MN | $15,523,133 | $20,074,695 |
Mid Sioux Opportunity Inc Remsen, IA | $5,070,371 | $19,629,808 |
Anoka County Community Action Program Inc Blaine, MN | $29,951,752 | $19,161,857 |