Visually Impaired Preschoolers Services Of Greater Louisville Inc
- Assets
- $5.8m
- Revenue
- $3.9m
- Investments
- $0.0
- Employees
- 60
- Location
- Louisville, KY
- Founding
- 05/1985
- Data as of
- 06/2022
- EIN
- 61-1061973
Organization Overview
Visually Impaired Preschoolers Services Of Greater Louisville Inc is located in Louisville, KY. The organization was established in 1985. According to its NTEE Classification (B28) the organization is classified as: Special Education, under the broad grouping of Education and related organizations. As of 06/2022, Visually Impaired Preschoolers Services Of Greater Louisville Inc employed 60 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Visually Impaired Preschoolers Services Of Greater Louisville Inc 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, Visually Impaired Preschoolers Services Of Greater Louisville Inc generated $3.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.0% each year . All expenses for the organization totaled $2.6m during the year ending 06/2022. While expenses have increased by 5.8% 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
VIPS PROVIDES EARLY INTERVENTION SERVICES TO KENTUCKY AND INDIANA'S YOUNGEST CHILDREN WITH BLINDNESS AND LOW VISION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EARLY INTERVENTION:VIPS IS A UNIQUE NON-PROFIT AGENCY IN KENTUCKY AND INDIANA SPECIFICALLY DEDICATED TO MEETING THE CRITICAL EARLY INTERVENTION NEEDS OF INFANTS, TODDLERS, AND PRESCHOOLERS WHO ARE BLIND OR VISUALLY IMPAIRED. VIPS EMPLOYS HIGHLY TRAINED, CERTIFIED TEACHERS OF THE VISUALLY IMPAIRED AND EARLY CHILDHOOD EDUCATORS WHO WORK WITH FAMILIES IN THEIR HOMES, TEACHING PARENTS HOW TO EDUCATE BY CAPITALIZING ON THEIR CHILDREN'S STRENGTHS. DURING THE COVID PANDEMIC VIPS WAS QUICK TO PIVOT AND WE BEGAN VIRTUAL VISITS TO HAVE A CONTINUUM OF SERVICES PROVIDED. VIPS IS THE ONLY AGENCY IN KENTUCKY SERVING THE BIRTH TO 5- YEAR-OLD POPULATION AND BIRTH TO 3-YEAR OLD POPULATION IN INDIANA.
FAMILY SERVICES:VIPS PROVIDES SUPPORT THROUGH TRAINING FOR FAMILIES, ATTENDING MEETINGS AND DOCTORS' VISITS TO ASSURE FAMILIES UNDERSTAND INFORMATION SHARED REGARDING THE NEEDS OF AND SERVICES FOR THEIR CHILDREN. VIPS REGULARLY HOSTS PARENT EMPOWERMENT PROGRAMS AS WELL AS OTHER EVENTS WHERE FAMILIES ARE ABLE TO DEVELOP A SENSE OF COMMUNITY WITH OTHER VIPS FAMILIES. VIPS HOSTS AN ANNUAL FAMILY RETREAT, A WEEKEND WHERE PARENTS CAN LEARN ALONGSIDE OTHER PARENTS IN SIMILAR SITUATION RAISING A CHILD WHO IS BLIND OR VISUALLY IMPAIRED.
KIDS TOWN PRESCHOOL:KIDS TOWN PRESCHOOL AT VIPS IN LOUISVILLE IS A CENTER-BASED PROGRAM PROVIDING AN EXTENSIVE EDUCATIONAL EXPERIENCE IN A DEVELOPMENTALLY APPROPRIATE AND BRAILLE-RICH ENVIRONMENT. VIPS HAS GROWN FROM EIGHT CHILDREN IN 1985 TO OVER 700 CHILDREN IN FISCAL YEAR 2022. VIPS SUCCESSFULLY TRANSITIONS CHILDREN SERVED THROUGH FIRST STEPS AND KIDS TOWN PRESCHOOL INTO THEIR NEXT EDUCATIONAL SETTINGS. KIDS TOWN PRESCHOOL AT VIPS LOUISVILLE CAMPUS HOSTS VISITORS FROM ACROSS THE WORLD WANTING TO LEARN MORE ABOUT THE EXPANDED CORE CURRICULUM AND BEST PRACTICES. KIDS TOWN PRESCHOOL IS A KENTUCKY 5-STAR CENTER, A TEST SITE FOR AMERICAN PRINTING HOUSE FOR BLIND'S NEW RESEARCH AND MATERIALS, IS ACCREDITED NATIONALLY BY AER. VIPS IS CONSIDERED A LEADER IN THE FIELD OF PRESCHOOL EDUCATION FOR THE BLIND AND VISUALLY IMPAIRED; OTHER STATES BENCHMARK THEIR MODEL AGAINST OURS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Diane Nelson Executive Director | Officer | 50 | $133,061 |
Matt Mcmahan President | OfficerTrustee | 5 | $0 |
William Jessee Vice President | OfficerTrustee | 1 | $0 |
Shari House Secretary | OfficerTrustee | 1 | $0 |
Andy Steinbach Treasurer | OfficerTrustee | 1 | $0 |
Mike Johnson Immediate Past President | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $109,161 |
| Membership dues | $0 |
| Fundraising events | $307,243 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,609,115 |
| Noncash contributions included in lines 1a–1f | $1,110,345 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,025,519 |
| Total Program Service Revenue | $886,530 |
| Investment income | $22,920 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $3,611 |
| Net Gain/Loss on Asset Sales | -$36,612 |
| Net Income from Fundraising Events | -$40,524 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,899,275 |
| 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. | $140,249 |
| Compensation of current officers, directors, key employees. | $21,434 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,509,839 |
| Pension plan accruals and contributions | $39,525 |
| Other employee benefits | $119,325 |
| Payroll taxes | $115,423 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,152 |
| Fees for services: Accounting | $13,295 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $25,000 |
| Advertising and promotion | $3,085 |
| Office expenses | $80,602 |
| Information technology | $50,721 |
| Royalties | $0 |
| Occupancy | $68,914 |
| Travel | $73,723 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $24,929 |
| Interest | $931 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $138,702 |
| Insurance | $51,794 |
| All other expenses | $10,805 |
| Total functional expenses | $2,641,517 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,146,769 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $251,492 |
| Accounts receivable, net | $12,969 |
| 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 | $8,659 |
| Net Land, buildings, and equipment | $3,677,488 |
| Investments—publicly traded securities | $640,063 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $20,050 |
| Total assets | $5,757,490 |
| Accounts payable and accrued expenses | $161,338 |
| Grants payable | $0 |
| Deferred revenue | $7,800 |
| 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 | $169,138 |
| Net assets without donor restrictions | $4,943,496 |
| Net assets with donor restrictions | $644,856 |
| 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 | $5,757,490 |
Grants Recieved
Over the last fiscal year, we have identified 15 grants that Visually Impaired Preschoolers Services Of Greater Louisville Inc has recieved totaling $514,204.
| Awarding Organization | Amount |
|---|---|
United Way Of Central Indiana Inc Indianapolis, IN PURPOSE: Donor Choice | $104,440 |
Whas Crusade For Children Inc Louisville, KY PURPOSE: $85,000.00 FOR SALARIES FOR TEACHERS, DEVELOPMENTAL INTERVENTIONIST, AND CERTIFIED ORIENTATION & MOBILITY SPECIALIST (NOT TO EXCEED AMOUNTS REQUESTED FOR EACH LINE ITEM.) | $85,000 |
United Way Of Central Indiana Inc Indianapolis, IN PURPOSE: Program and/or Operating Support | $80,500 |
Whas Crusade For Children Inc Louisville, KY PURPOSE: $46,000.00 FOR SALARIES FOR A FULL TIME TEACHER AND DEVELOPMENTAL INTERVENTIONIST OF THE VISUALLY IMPAIRED | $46,000 |
Whas Crusade For Children Inc Louisville, KY PURPOSE: $42,000 FOR SALARIES FOR FULL TIME TEACHERS OF THE BLIND/VISUALLY IMPAIRED | $42,000 |
Louisville Downtown Lions Charities Inc Louisville, KY PURPOSE: PRESCHOOL PROGRAM | $40,500 |
Endowment Analysis
| Beg. Balance | $402,553 |
| Earnings | -$121,124 |
| Net Contributions | $487,287 |
| Ending Balance | $768,615 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Alternative Paths Training School Inc Dumfries, VA | $29,662,762 | $20,489,291 |
Currey Ingram Academy Brentwood, TN | $68,664,811 | $19,766,895 |
The Faison Center Inc Richmond, VA | $62,568,652 | $21,070,606 |
Leslie Shankman School Corporation Chicago, IL | $18,541,071 | $14,894,001 |
Gibault Inc Terre Haute, IN | $35,353,670 | $13,928,805 |
Giant Steps Illinois Inc Lisle, IL | $11,784,298 | $12,524,007 |
Lawrence School Broadview Heights, OH | $26,810,351 | $14,941,230 |
Virginia Episcopal School Lynchburg, VA | $42,343,812 | $12,608,124 |
Park Lawn School And Activity Center Oak Lawn, IL | $3,052,012 | $10,616,192 |
Cove School Inc Northbrook, IL | $12,796,735 | $10,362,338 |
Marburn Academy Inc New Albany, OH | $15,756,031 | $10,606,006 |
Kings Daughters School Of Maury County Tennessee Columbia, TN | $22,315,744 | $10,828,649 |