Vizavance Inc
- Assets
- $4.3m
- Revenue
- $874.3k
- Investments
- $0.0
- Employees
- 34
- Location
- Oklahoma City, OK
- Founding
- 10/2016
- Data as of
- 06/2023
- EIN
- 73-6108998
Organization Overview
Vizavance Inc, operating under the name Vizavance, is located in Oklahoma City, OK. The organization was established in 2016. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. As of 06/2023, Vizavance employed 34 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vizavance 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, Vizavance generated $874.3k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $815.6k during the year ending 06/2023. While expenses have increased by 0.2% per year over the past 6 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
ADVANCING CHILDREN'S EDUCATION THROUGH BETTER VISION, BY OFFERING FREE VISION SCREENINGS TO OKLAHOMA'S CHILDREN TO IDENTIFY VISION ISSUES THAT, IF NEVER IDENTIFIED, COULD SERIOUSLY HAMPER A CHILD'S ABILITY TO SUCCEED ACADEMICALLY. TO BE THE LEADING NONPROFIT ORGANIZATION IN THE REGION PROVIDING VISION SCREENINGS TO ALL CHILDREN SO THEY MAY REACH THEIR FULL EDUCATIONAL POTENTIAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PUBLIC HEALTH EDUCATION: INFORMING THE GENERAL PUBLIC ABOUT BASIC FACTS OF VISION CARE, HEALTH AND SAFETY, AND MOTIVATING THEM TO APPROPRIATE ACTION, CONDUCTED THROUGH MASS MEDIA SUCH AS TELEVISION, RADIO, NEWSPAPERS, MAGAZINES, AND FILMS, AND THROUGH THE DISTRIBUTION OF VIZAVANCE PUBLICATIONS, SOCIAL MEDIA CHANNELS, AND THROUGH RESPONSES TO PHONE AND WRITTEN INQUIRIES FROM THE PUBLIC.
PROFESSIONAL EDUCATION AND TRAINING: SERVING AS AN AUTHORITATIVE SOURCE OF INFORMATION OF THE LATEST DEVELOPMENT IN VISION AND EYE CARE SO THAT THE EYE CARE PROFESSIONALS, NURSES, TEACHERS AND OTHERS IN BLINDNESS PREVENTION CAN BETTER SERVICE THEIR CLIENTS. PROVIDING STATE APPROVED TRAINING FOR NURSES AND SCHOOL STAFF IN CHART AND PHOTO SCREENING.
COMMUNITY SERVICE: SPONSORING AND PROMOTING SCREENING PROGRAMS FOR THE EARLY DETECTION OF SIGNS OF EYE TROUBLE AMOUNG PRESCHOOL CHILDREN, SCHOOL AGED CHILDREN, AND ADULTS, PARTICULARLY AMBLYOPIA (LAZY EYE) IN CHILDREN, AND GLAUCOMA AND AMD (AGE-RELATED MACULAR DEGENERATION) IN ADULTS. VIZAVANCE PROVIDES REFERRALS TO CHILDREN AND ADULTS WHO DO NOT PASS THE SCREENINGS AND NEED MEDICAL FOLLOW-UP. VOUCHERS FOR FREE EXAMS AND GLASSES ARE PROVIDED FOR FAMILIES WHO QUALIFY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Robert Leonard Chairman | OfficerTrustee | 1 | $0 |
Kurt Schneiter Vice Chairma | OfficerTrustee | 1 | $0 |
John Logan Treasurer | OfficerTrustee | 1 | $0 |
Evan Mccormick Secretary | OfficerTrustee | 1 | $0 |
Lance Baker Director | Trustee | 1 | $0 |
Stan Chase Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $177,618 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $416,802 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $594,420 |
| Total Program Service Revenue | $106,355 |
| Investment income | $45,155 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $125,715 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $874,285 |
| 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. | $101,194 |
| Compensation of current officers, directors, key employees. | $6,982 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $323,392 |
| Pension plan accruals and contributions | $2,814 |
| Other employee benefits | $46,743 |
| Payroll taxes | $30,685 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $21,475 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,470 |
| Advertising and promotion | $0 |
| Office expenses | $47,551 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $42,626 |
| Travel | $66,140 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $65,638 |
| Insurance | $13,881 |
| All other expenses | $0 |
| Total functional expenses | $815,575 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $278,320 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $12,310 |
| 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 | $94,923 |
| Investments—publicly traded securities | $3,905,104 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $22,082 |
| Total assets | $4,312,739 |
| Accounts payable and accrued expenses | $37,620 |
| 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 | $18,682 |
| Total liabilities | $56,302 |
| Net assets without donor restrictions | $3,156,437 |
| Net assets with donor restrictions | $1,100,000 |
| 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 | $4,312,739 |