Visions In Education
- Assets
- $94.9m
- Revenue
- $77.0m
- Investments
- $0.0
- Employees
- 476
- Location
- Carmichael, CA
- Founding
- 06/2019
- Data as of
- 06/2022
- EIN
- 82-4129819
Organization Overview
Visions In Education is located in Carmichael, CA. The organization was established in 2019. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2022, Visions In Education employed 476 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Visions In Education 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, Visions In Education generated $77.0m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $59.9m during the year ending 06/2022. While expenses have increased by 4.6% per year over the past 4 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
AS AN INDEPENDENT STUDY/HOME SCHOOL PROGRAM, VISIONS IN EDUCATION UTILIZES A STANDARDS-BASED EDUCATION THAT ADDRESS INDIVIDUAL DIFFERENCES AND LEARNING STYLES. WE EMPOWER STUDENTS TO TAKE OWNERSHIP AND RESPONSIBILITY FOR THE PRESENT AND FUTURE LEARNING BY DEVELOPING THEIR ACADEMIC, INTERPERSONAL, INTRAPERSONAL, AND TECHNOLOGICAL SKILLS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOME SCHOOL PROGRAM - VISIONS IN EDUCATION HAD 3805 STUDENTS IN THE HOME SCHOOL ACADEMY. THE REVENUES ARE BASED ON AVERAGE DAILY ATTENDANCE. THE EXPENDITURES ARE THE COST OF EDUCATING THE STUDENTS. THE EXPENDITURE INCLUDES SALARIES, BENEFITS AND ALL OPERATIONAL COSTS TO RUN THE PROGRAM.
INDEPENDENT STUDY PROGRAM - VISIONS IN EDUCATION HAD 1,797 STUDENTS IN THE INDEPENDENT STUDY ACADEMY. THE REVENUES ARE BASED ON AVERAGE DAILY ATTENDANCE. THE EXPENDITURES ARE THE COST OF EDUCATING THE STUDENTS. THE EXPENDITURE INCLUDES SALARIES, BENEFITS AND ALL OPERATIONAL COSTS TO RUN THE PROGRAM.
UNIVERSITY PREP PROGRAM - VISIONS IN EDUCATION HAD 576 STUDENTS IN THE UNIVERSITY PREP ACADEMY. THE REVENUES ARE BASED ON AVERAGE DAILY ATTENDANCE.THE EXPENDITURES ARE THE COST OF EDUCATING THE STUDENTS. THE EXPENDITUREINCLUDES SALARIES, BENEFITS AND ALL OPERATIONAL COSTS TO RUN THE PROGRAM.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom Tafoya COO | Officer | 40 | $228,784 |
John Garrard Cao | 40 | $0 | |
Michael Brubaker Dir. Operations | 40 | $0 | |
Sarah Mcfarland Dir.instruction | 40 | $0 | |
Christina Mckinnis Academy Admin (is) | 40 | $171,627 | |
Cassandra Lazaro Academy Admin (ss) | 40 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Global Teletherapy Therapy | 6/29/22 | $268,141 |
Rainbow Resources Center Curriculum | 6/29/22 | $475,583 |
School Steps Special Ed. Services | 6/29/22 | $437,707 |
School Splp Llc Online Curriculum | 6/29/22 | $431,383 |
Akodemos Inc Curriculum | 6/29/22 | $414,532 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $76,445,444 |
| All other contributions, gifts, grants, and similar amounts not included above | $340,216 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $76,785,660 |
| Total Program Service Revenue | $0 |
| Investment income | $252,513 |
| 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 | $77,038,173 |
| 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. | $365,081 |
| Compensation of current officers, directors, key employees. | $365,081 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $36,086,905 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $6,875,117 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $82,693 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $8,939,157 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $141,474 |
| 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 | $75,335 |
| Insurance | $0 |
| All other expenses | $77,645 |
| Total functional expenses | $59,886,865 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $54,247,184 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,495,631 |
| 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 | $195,900 |
| Net Land, buildings, and equipment | $3,221,109 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $33,716,681 |
| Total assets | $94,876,505 |
| Accounts payable and accrued expenses | $10,598,325 |
| 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 | $55,765,569 |
| Total liabilities | $66,363,894 |
| Net assets without donor restrictions | $26,720,722 |
| Net assets with donor restrictions | $1,791,889 |
| 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 | $94,876,505 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Rocketship Education Redwood City, CA | $74,871,482 | $120,667,231 |
American Leadership Academy Inc Mesa, AZ | $282,415,478 | $95,654,658 |
Five Keys Schools And Programs San Francisco, CA | $50,545,317 | $97,031,582 |
Inspire Charter Schools Duarte, CA | $15,814,456 | $76,018,441 |
Edkey Inc Mesa, AZ | $135,819,543 | $83,812,049 |
River Springs Charter School Inc Temecula, CA | $93,652,592 | $73,899,584 |
Granada Hills Charter Granada Hills, CA | $124,597,337 | $79,128,584 |
California Online Public Schools San Juan Capistrano, CA | $32,661,705 | $70,303,969 |
Camino Nuevo Charter Academy Los Angeles, CA | $62,441,915 | $60,583,098 |
Gateway Community Charters Mcclellan, CA | $96,780,042 | $72,531,964 |
Visions In Education Carmichael, CA | $94,876,505 | $77,038,173 |
Ofl-Baldwin Park Inc Pasadena, CA | $26,446,895 | $59,505,291 |