Gospel Vision Foundation Inc
- Assets
- $102.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- San Angelo, TX
- Founding
- 09/1996
- Data as of
- 12/2021
- EIN
- 75-2646243
Organization Overview
Gospel Vision Foundation Inc is located in San Angelo, TX. The organization was established in 1996. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gospel Vision Foundation 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 12/2021, Gospel Vision Foundation Inc generated $82.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.3%) each year. All expenses for the organization totaled $65.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE PRIMARY PURPOSE OF THE GOSPEL VISION FOUNDATION IS THE ESTABLISHMENT AND CONTINUED SUPPORT OF SEVERAL CHURCHES IN THE UKRAINE AND SOUTH AMERICA. THIS SUPPORT INCLUDES PAYMENT OF PASTOR SALARIES, RENT, UTILITIES, ETC.
Describe the Organization's Program Activity:
Part 3
SUPPORT OF VARIOUS CHURCHES IN THE UKRAINE, INCLUDING PAYMENT OF PASTOR SALARIES, RENT, UTILITIES, ETC.
DONATIONS TO VARIOUS MINISTRIES IN SOUTH AND CENTRAL AMERICA TO FURTHER THEIR GOSPEL MISSION.
DONATIONS TO VARIOUS LOCAL CHARITIES WHICH SUPPORT VARIOUS MINISTRIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vesta K Smith Secretary | 0 | $0 | |
Gregory Smith Executive Di | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $81,189 |
| Total Program Service Revenue | $455 |
| Membership dues | $0 |
| Investment income | $2 |
| Gain or Loss | $506 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $196 |
| Total Revenue | $82,348 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $60 |
| Total expenses | $64,990 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $86,297 |
| Other assets | $0 |
| Total assets | $102,021 |
| Total liabilities | $0 |
| Net assets or fund balances | $102,021 |
Grants Awarded
Over the last fiscal year, Gospel Vision Foundation Inc has awarded $30,069 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
DUFRESNE MINISTRIES | | | $19,869 |
MIRACLE VILLAGE | | | $10,200 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Gospel Vision Foundation Inc has recieved totaling $27.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $27 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Union Gospel Mission Of Tarrant County Fort Worth, TX | $65,887,376 | $29,455,408 |
Minnie Slaughter Veal Memorial Fund Dallas, TX | $15,276,892 | $11,585,960 |
Glorieta 2-0 Inc Glorieta, NM | $10,000,063 | $8,243,412 |
Modern Day Missions Arlington, TX | $2,308,348 | $8,222,545 |
Global Media Outreach Plano, TX | $2,988,957 | $8,027,207 |
House Of Prayer And Life Incorporated Houston, TX | $2,486,433 | $7,989,653 |
Camp Allen-Camp And Conference Center Navasota, TX | $17,153,236 | $7,942,711 |
West Houston Assistance Ministries Inc Houston, TX | $3,828,529 | $8,204,113 |
Center For Christian Growth Inc New Braunfels, TX | $17,780,504 | $10,473,617 |
Carolina Creek Christian Camp Huntsville, TX | $14,287,598 | $6,641,760 |
Christian Motorcyclists Assn Inc Hatfield, AR | $5,956,243 | $7,886,367 |
New Life Ranch Inc Colcord, OK | $22,344,755 | $6,024,517 |