Community Vision INC EIN 11-3683516

Community Vision INC

EIN  11-3683516 Public foundation / grantmaker Washington, DC
Form 990 (PDF) Compare with another nonprofit →
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Size
<$100K
What they do
Empowers individuals through programs that build self-sufficiency and expand opportunities.
Leadership
Keith Pettigrew · Executive Director
Money in and out
$9K revenue, $50K expenses
Bottom line
99% program efficiency

Empowers individuals through programs that build self-sufficiency and expand opportunities. For fiscal year 2024 it reported $9K in revenue, $50K in expenses.Pt I

Grants paid & assets · FY2024
Total revenue
$9K
Pt VIII · Ln 12
Total expenses
$50K
Pt IX · Ln 25
Net assets
$0
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$41K
Where spending went · Part IX cols B–D
Program services $0.99 Management & general $0.01
Program efficiency
99%
of spending reaches programs▲ +250% vs prior filing year
Operating runway
99.3mo
months of highly liquid reserves at operating expense rate▲ +151% vs prior filing year
Surplus margin
-446%
revenue over expenses, this year▼ -328% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$9K
FY2024▼ -86%
Expenses
$50K
FY2024▼ -61%
Total assets
$417K
FY2024▼ -46%
Total liabilities
$417K
FY2024▼ -59%
Total revenue
$9K
Pt VIII · Ln 12
Total expenses
$50K
Pt IX · Ln 25
Net assets
$0
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$41K
Total assetsPt X · Ln 16$417K
Program-expense ratioPt IX · col B99%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43
Mission & Programs · Part III

Where the work happens

1 program service account for $50K of program spending, described in the organization's own filed words · FY2023.
01

Resident participation funds were provided to the resident councils at our low income public housing sites and to the city-wide advisory board. Together the resident councils and the city-wide advisory board serve over 8,000 families in the district of columbia.

$50Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCommunity Vision INC
EINHdr · item D11-3683516
Principal addressHdr · item CWashington, DC
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MDC
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T50)
Ruling yearIRS BMFJul 2016

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Executive Director
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
Former CEO
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Investment income$5K · 60%
Program service revenue$4K · 40%
Investment income60%$5K
Program service revenue40%$4K
Total revenueLn 12$9K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.99 Management & general $0.01
Program services99%$50K
Management & general1%$346
Total functional expensesLn 25$50K

Balance Sheet

Part X · end of year
CashLn 1$417K
Total assetsLn 16$417K
Total liabilitiesLn 26$417K
Total net assetsLn 32$0
Months of cash on handcomputed99.3

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $417K · Operating expenses/yr $50K
99.3 months
Where the money goes
Program services
Program services $50K · Total expenses $50K
99%
Management & General
Management & general $346 · Total expenses $50K
1%
Fundraising
Fundraising $0 · Total expenses $50K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $16K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $9K
0%
Government reliance
Government grants — · Total revenue $9K
Earned-income share
Program service revenue $4K · Total revenue $9K
40%
Investment reliance
Investment income $5K · Total revenue $9K
+60%
Program self-sufficiency
Program service revenue $4K · Total expenses $50K
7%
Growth & trend
Revenue growth (YoY)
This year $9K · Prior year $64K
-86%
Net-asset trend (YoY)
End of year $0 · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $9K · Expenses $50K
-446%
Liabilities-to-Assets
Total liabilities — · Total assets $417K
Net-asset ratio
Net assets $0 · Total assets $417K
0%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $417K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Keith Pettigrew · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $0 · Total expenses $50K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $50K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 99%
Overhead ratio 1%
Revenue growth -86%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · this organization's grantmaking
Grants paid · 2 grants · $90K · 2020–2021
Unitemized GrantFY2021$38,000
Unitemized GrantFY2020$51,500

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$9K revenue · viewing · ⤓ 990 PDF
FY2023$64K revenue · ⤓ 990 PDF
FY2022$217K revenue · ⤓ 990 PDF
FY2021$20K revenue · ⤓ 990 PDF
FY2020$18K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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