Vision Of Children
- Assets
- $773.5k
- Revenue
- $765.3k
- Investments
- $0.0
- Employees
- 0
- Location
- San Diego, CA
- Founding
- 12/1990
- Data as of
- 12/2021
- EIN
- 95-4271785
Organization Overview
Vision Of Children is located in San Diego, CA. The organization was established in 1990. According to its NTEE Classification (G41) the organization is classified as: Eye Diseases, Blindness & Vision Impairments, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vision Of Children 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, Vision Of Children generated $765.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.2% each year . All expenses for the organization totaled $396.5k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE VISION OF CHILDREN FOUNDATION SEEKS TO FIND A CURE FOR INHERITED EYE DISEASES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE VISION OF CHILDREN FUNDS RESEARCHERS, IN THE US AND INTERNATIONALLY, WHO ARE ADVANCING OUR UNDERSTANDING OF THE CAUSES AND ARE FINDING CURES FOR INHERITED EYE DISEASE AND VISION DISORDERS. THE PRIMARY FOCUS OF OUR FUNDED RESEARCH HAS BEEN MULTIPLE VISION RELATED MEDICAL ISSUES.
THE VISION OF CHILDREN PROVIDES INFORMATION TO THE PUBLIC AND GIVES RESEARCHERS AN OPPORTUNITY TO ARRANGE FOR COLLABORATIVE RESEARCH PROJECTS BY HOSTING A BIENNIAL SYMPOSIUM. ADDITIONALLY, THROUGH NEWSLETTERS AND OUR WEBSITE, WE INFORM THE MEMBERS WHO MAKE UP OUR FAMILY NETWORK. THE VISION OF CHILDREN PROVIDES ADAPTIVE VISION AIDS TO SCHOOL DISTRICTS. THESE COMPUTER MONITORS AND HANDHELD MAGNIFIERS ALLEVIATE THE STRESS AND STRAIN THAT STUDENTS WITH LOW VISION MAY FACE WHEN THEY ARE AT SCHOOL. FURTHER, THE VISION HERO VIDEO SERIES ARE VIDEOS OF INSPIRING YOUNG PEOPLE WHO ARE ABLE TO OVERCOME THEIR VISION CHALLENGES. VISION HEROES MENTOR AND MOTIVATE OTHER YOUNG PEOPLE BORN WITH GENETIC VISION DISORDERS TO PERSEVERE, PURSUE THEIR GOALS, AND REACH THEIR FULL POTENTIAL IN SPITE OF HAVING A VISION DISORDER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Samuel A Hardage CEO & Chairman | OfficerTrustee | 0.5 | $0 |
Beth Chaney Secretary | Officer | 0.5 | $0 |
Elizabeth Dole Honorary Co-Chair | Trustee | 0 | $0 |
Debora B Farber PHD Chief Scientific Advisor | Trustee | 0.5 | $0 |
Richard Alan Lewis MD Ms Scientific Advisor | Trustee | 0.5 | $0 |
Daniel W Gil PHD Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $4,601 |
| Fundraising events | $330,121 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $198,510 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $533,232 |
| Total Program Service Revenue | $0 |
| Investment income | $348 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $231,738 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $765,318 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $174,500 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $157,431 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $30,840 |
| Fees for services: Legal | $2,975 |
| Fees for services: Accounting | $8,750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,245 |
| Office expenses | $2,165 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,513 |
| 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 | $0 |
| Insurance | $749 |
| All other expenses | $0 |
| Total functional expenses | $396,526 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $51,103 |
| Savings and temporary cash investments | $443,424 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,950 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $275,000 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $773,477 |
| Accounts payable and accrued expenses | $8,659 |
| Grants payable | $619,971 |
| Deferred revenue | $3,670 |
| 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 | $632,300 |
| Net assets without donor restrictions | $118,786 |
| Net assets with donor restrictions | $22,391 |
| 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 | $773,477 |
Grants Awarded
Over the last fiscal year, Vision Of Children has awarded $425,502 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
La Jolla, CA PURPOSE: Research for a cure to childhood blindness | $173,000 |
Los Angeles, CA PURPOSE: Research for a cure to childhood blindness | $163,783 |
THE UNIVERSITY OF IOWA PURPOSE: Research for a cure to childhood blindness | $88,719 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Vision Of Children has recieved totaling $27,100.
| Awarding Organization | Amount |
|---|---|
Community First Foundation Arvada, CO PURPOSE: GENERAL PURPOSE | $10,000 |
True Vine Foundation Inc Rancho Santa Fe, CA PURPOSE: IN SUPPORT OF GENERAL OPERATIONS | $10,000 |
Rancho Santa Fe Foundation Rancho Santa Fe, CA PURPOSE: HEALTH | $5,500 |
Kerr Family Foundation Wilmington, DE PURPOSE: CHARITABLE EVENT | $1,000 |
Kerr Family Foundation Wilmington, DE PURPOSE: CHARITABLE EVENT | $500 |
Kerr Family Foundation Wilmington, DE PURPOSE: CHARITABLE EVENT | $100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Doheny Eye Institute Los Angeles, CA | $229,360,664 | $66,100,953 |
Foundation For Blind Children Phoenix, AZ | $30,302,492 | $12,774,867 |
Southern Arizona Association For The Visually Impaired Tucson, AZ | $10,878,580 | $6,203,130 |
Vista Center For The Blind And Visually Impaired Palo Alto, CA | $12,198,427 | $3,251,858 |
Association Of University Professors Of Ophthalmology Inc San Francisco, CA | $10,060,251 | $4,034,996 |
California Optometric Association Sacramento, CA | $10,978,851 | $3,280,771 |
International Council Of Ophthalmology Foundation San Francisco, CA | $280,929 | $270,113 |
Society For The Blind Sacramento, CA | $6,571,988 | $3,002,333 |
Restoringvision San Francisco, CA | $3,263,281 | $2,652,811 |
Oregon Lions Sight And Hearing Foundation Inc Portland, OR | $7,389,143 | $1,778,141 |
The Armenian Eyecare Project San Dimas, CA | $4,533,308 | $2,577,746 |
Arizona Center For The Blind And Visually Impaired Phoenix, AZ | $1,661,480 | $2,113,389 |