Visions Of Truth Community Develepoment Corporation
- Assets
- $125.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Portsmouth, VA
- Founding
- 03/2009
- Data as of
- 12/2021
- EIN
- 90-0385655
Organization Overview
Visions Of Truth Community Develepoment Corporation is located in Portsmouth, VA. The organization was established in 2009. According to its NTEE Classification (C20) the organization is classified as: Pollution Abatement & Control, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Visions Of Truth Community Develepoment Corporation 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, Visions Of Truth Community Develepoment Corporation generated $128.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.4% each year . All expenses for the organization totaled $214.3k during the year ending 12/2021. While expenses have increased by 17.6% per year over the past 7 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
TO EMPOWER FAMILIES AND INDIVIDUALS TO ACHIEVE SELF-SUFFICIENCY AND GREATER ECONOMIC MOBILITY BY CREATING A QUALITY OF LIFE SUSTAINED BY ECONOMIC INDEPENDENCE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Calvin Bullock President | 4 | $0 | |
Johnetta Vaughan Secretary | 4 | $0 | |
Margaret Depena Executive Director | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $128,636 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $160 |
| Total Revenue | $128,796 |
| 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 | $248 |
| Other expenses | $214,030 |
| Total expenses | $214,278 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $103,207 |
| Other assets | $0 |
| Total assets | $125,254 |
| Total liabilities | $158,729 |
| Net assets or fund balances | -$33,475 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Visions Of Truth Community Develepoment Corporation has recieved totaling $50,000.
| Awarding Organization | Amount |
|---|---|
Hampton Roads Community Foundation Norfolk, VA PURPOSE: VISIONS OF TRUTH COMMUNITY DEVELOPMENT CORPORATION BLACK COMMUNITY PARTNERSHIP GRANT | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Verra Washington, DC | $50,492,463 | $40,505,459 |
Citizens For Responsible Energy Solutions Forum Washington, DC | $3,027,966 | $5,615,141 |
Sevier Solid Waste Inc Pigeon Forge, TN | $40,871,013 | $7,760,880 |
Advanced Energy Economy Institute Washington, DC | $6,391,509 | $7,173,171 |
Mckinsey Org Inc Washington, DC | $2,341,944 | $4,316,487 |
Climate Leadership Council Inc Washington, DC | $3,898,896 | $3,366,095 |
Restore The Earth Foundation Inc Easton, MD | $1,843,986 | $3,275,006 |
National Council On Radiation Protection And Measurements Bethesda, MD | $2,297,188 | $3,045,295 |
The Scrap Exchange Inc Durham, NC | $6,770,831 | $2,047,829 |
Solid Waste Disposable Inc Jasper, TN | $10,955,638 | $2,805,518 |
The Us Climate Action Network Washington, DC | $5,013,763 | $3,045,682 |
Amd Reclamation Inc Morgantown, WV | $5,761,581 | $1,442,597 |