New Vision Foundation
- Assets
- $1.2m
- Revenue
- $3.5m
- Investments
- $0.0
- Employees
- 7
- Location
- St Paul, MN
- Founding
- 09/2016
- Data as of
- 12/2021
- EIN
- 81-2114563
Organization Overview
New Vision Foundation is located in St Paul, MN. The organization was established in 2016. According to its NTEE Classification (Q30) the organization is classified as: International Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2021, New Vision Foundation employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New 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, New Vision Foundation generated $3.5m in total revenue. All expenses for the organization totaled $3.5m during the year ending 12/2021.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO CREATE PATHWAYS TO SUCCESS BY MOTIVATING DISADVANTAGED YOUTH IN MINNESOTA THROUGH PROVIDING CODING AND DIGITAL LITERACY CLASSES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CODING & DIGITAL LITERACY CLASSES TO TWIN CITIES SCHOOLS AS WELL AS GREATER MINNESOTA CITIES OF ST CLOUD & WILMAR
AFTER-SCHOOL MEALS PROGRAM FOR DISADVANTAGED CHILDREN AGES 0-18 YEARS IN ST PAUL, MN AND WAITE PARK, MN
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hussein Farah Executive Director | Officer | 40 | $91,319 |
Amaira Adawe Co-Chair | OfficerTrustee | 1 | $0 |
Tom Gitaa Secretary | OfficerTrustee | 1 | $0 |
Tony Peleska Board Chair | OfficerTrustee | 1 | $0 |
Hussein Hashi Treasurer | OfficerTrustee | 1 | $0 |
Scott Grausnick Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ahlan Restaurant Meals For Program | 12/30/21 | $2,013,031 |
Campus Trading & Supplies Llc Meals For Program | 12/30/21 | $276,811 |
Star Distribution Meals For Program | 12/30/21 | $325,801 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,166,228 |
| All other contributions, gifts, grants, and similar amounts not included above | $261,939 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,428,167 |
| Total Program Service Revenue | $73,530 |
| Investment income | $391 |
| 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 | $3,502,088 |
| 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. | $102,934 |
| Compensation of current officers, directors, key employees. | $15,440 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $245,758 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $11,442 |
| Payroll taxes | $24,140 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,980 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $25,260 |
| Advertising and promotion | $48,397 |
| Office expenses | $11,847 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $6,984 |
| Travel | $7,614 |
| 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 | $42,955 |
| Insurance | $3,241 |
| All other expenses | $0 |
| Total functional expenses | $3,485,261 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $585,666 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $101,000 |
| Accounts receivable, net | $317,866 |
| 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 | $17,308 |
| Net Land, buildings, and equipment | $188,217 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,210,057 |
| Accounts payable and accrued expenses | $287,336 |
| 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 | $287,336 |
| Net assets without donor restrictions | $9,500 |
| Net assets with donor restrictions | $913,221 |
| 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 | $1,210,057 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that New Vision Foundation has recieved totaling $253,835.
| Awarding Organization | Amount |
|---|---|
Youthprise Minneapolis, MN PURPOSE: East African Youth Economic Development and Summer Enrichment Programming | $82,335 |
Saint Paul & Minnesota Foundation Saint Paul, MN PURPOSE: MULTIPLE GRANTS FOR MULTIPLE PURPOSES | $71,000 |
F R Bigelow Foundation Trust 555 St Paul, MN PURPOSE: EXPANDING CODING & DIGITAL LITERACY CLASSES FOR DISADVANTAGED YOUTH IN THE EAST METRO | $30,000 |
Social Venture Partners Mn Minneapolis, MN PURPOSE: Assistance to youth-serving org. | $25,000 |
Mardag Foundation St Paul, MN PURPOSE: EXPANDING CODING & DIGITAL LITERACY CLASSES FOR DISADVANTAGED YOUTH IN THE EAST METRO | $20,000 |
The Mortenson Family Foundation Minneapolis, MN PURPOSE: NEW VISION FOUNDATION IS WORKING WITH DISADVANTAGED YOUTH IN MINNESOTA AND IS SEEKING A LARGE SCALE EMBRACING OF INFORMATION TECHNOLOGY AS A CATALYST FOR WAGE AND INCOME GROWTH. WE BELIEVE THAT EQUITABLE ACCESS TO INFORMATION TECHNOLOGY WILL BE A MAJOR DRIVER TO CREATING A MORE INCLUSIVE AND HARMONIOUS LIFE FOR ALL MINNESOTANS. | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Global Health Ministries Minneapolis, MN | $6,370,809 | $5,877,190 |
Common Hope Inc Saint Paul, MN | $9,018,791 | $5,078,357 |
New Vision Foundation St Paul, MN | $1,210,057 | $3,502,088 |
Outreach Inc Union, IA | $5,436,657 | $3,524,242 |
Andean Health And Development Inc Madison, WI | $1,250,881 | $2,191,153 |
Healing Haiti Scandia, MN | $4,534,064 | $2,435,837 |
Wellshare International Minneapolis, MN | $940,048 | $2,573,220 |
Global Volunteers St Paul, MN | $705,356 | $1,579,657 |
Friends Of Chimbote Fargo, ND | $1,065,723 | $1,925,086 |
Water For Life Kalona, IA | $4,945,451 | $1,516,514 |
Bountifield International Minneapolis, MN | $1,164,440 | $1,328,807 |
Operation Bootstrap-Africa Minneapolis, MN | $1,772,257 | $1,519,929 |