New Vision Inc
- Assets
- $57.2k
- Revenue
- $527.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Nashville, TN
- Founding
- 07/2001
- Data as of
- 06/2023
- EIN
- 62-1853857
Organization Overview
New Vision Inc is located in Nashville, TN. The organization was established in 2001. According to its NTEE Classification (I21) the organization is classified as: Youth Violence Prevention, under the broad grouping of Crime & Legal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Vision 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 06/2023, New Vision Inc generated $527.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (28.4%) each year. All expenses for the organization totaled $431.5k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (30.8%) per year over the past 5 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION FOR NEW VISION, INCORPORATED IS TO EDUCATE AND EMPOWER THROUGH A CONTINUUM OF SERVICES THAT STRENGTHEN THE LIVES OF FAMILIES. OUR BELIEF IS THAT THERE ARE NO LLIMITS, NO BOUNDARIES TO INFLUENCING THE LIVES OF CHILDREN AND FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE NURTURING PARENTING PROGRAM FOCUSES ON OFFERING SECONDARY PREVENTION SERVICES TARGETING FAMILIES AND INDIVIDUALS WHO ARE AT A HIGHER RISK OF DEVELOPING PROBLEMS THAT CAN LEAD TO CHILD ABUSE OR NEGLECT. THE INTENT OF THE PROGRAM AND ITS ACTIVITIES TO PROVIDE EDUCATION THAT WILL HELP FAMILIES AND INDIVIDUALS AVOID BEHAVIORS AND ACTIONS THAT COULD RESULT IN THE ABUSE OF A CHILD. BY IMPLEMENTING PROGRAM ACTIVITIES FOCUSED ON STRENGTHENING PARENTING SKILLS, THAT ENABLES CLIENTS TO DEVELOP HEALTHIER PARENTING PRACTICES THAT WILL RESULT IN STRENTHENING FAMILIES AND LOWERING THE RATES OF CHILD ABUSE AND NEGLECT.
MID-CUMBERLAND REGION TO CARE FOR RELATED CHILDREN WHO CANNOT LIVE WITH THEIR PARENTS BUT ARE NOT IN STATE CUSTODY. RELATED CARE PROGRAM (RCP) FAMILIES RECEIVE SUPPORTIVE SERVICES, SUCH AS INFORMATION AND REFERRAL, CHILDREN AND ADULT GROUPS, ENRICHMENT ACTIVITIES, EDUCATIONAL WORKSHOPS, CASE MANAGEMENT AND EMERGENCY/START UP FINANCIAL ASSISTANCE. RCP IS UNDER AN AGREEEMENT WITH THE DEPARTMENT OF CHILDREN SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lakesha Malone Treasurer | Trustee | 60 | $0 |
Timothy Malone President | Trustee | 70 | $0 |
Larry Colbert Board Member | Officer | 1 | $0 |
Carlos Lacy Board Member | Officer | 1 | $0 |
Latoya Dangler Board Member | Officer | 1 | $0 |
Delores Voliber Chairperson | Officer | 1 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $278,394 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $12,081 |
| 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 | $527,151 |
| 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. | $96,745 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $160,447 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $9,124 |
| Fees for services: Accounting | $10,126 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $504 |
| Office expenses | $2,297 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $37,721 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $289 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $19,738 |
| All other expenses | $0 |
| Total functional expenses | $431,465 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $57,944 |
| 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 | -$704 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $57,240 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $391,070 |
| Total liabilities | $391,070 |
| 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 | -$333,830 |
| Total liabilities and net assets/fund balances | $57,240 |