Vision Educational Center FY2023 filing

Tax-deductible

Dillon, SC501(c)(3)Human ServicesEIN 13-4341711Revenue $75K in FY2023

On file with the IRSvisionec.net207 W Main St, 29536-3348 · Dillon, SCTax-exempt since Mar 2008Publicly supported charity — 170(b)(1)(A)(vi)

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To create and implement creative services through nutrition and Educational services for at risk kids and adults

501(c)(3) charity; gifts are tax-deductible.
67¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $3K a year · 2% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
67%
of spending
Fine: 67% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Cash reserves
3 mo
of spending, in cash
Looks good: 3.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $5K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$75K
+8% vs prior year
Spent
$71K
To programs
67%
Net assets
$18K
By yearFY2020–FY2024
Revenue
$75K
FY2023▲ +8%
Tap a bar for its year
Revenue by fiscal year
FY2020$442K
FY2021$360K
FY2022$69K
FY2023$75K
FY2024$68K
Expenses
$71K
FY2023▲ +3%
Tap a bar for its year
Expenses by fiscal year
FY2020$439K
FY2021$351K
FY2022$69K
FY2023$71K
FY2024$68K
Net assets
$18K
FY2023▲ +31%
Tap a bar for its year
Net assets by fiscal year
FY2020$69K
FY2021$78K
FY2022$14K
FY2023$18K
FY2024$18K

From the FY2023 Form 990 · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 2008.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

67 cents of each dollar spent went to programs.

Program services 67% · $47K Management & general 33% · $23K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

7 people listed on the 990.

Part VII, Section A · reportable compensation
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Treasurer and Secretary
$0Pt VII · Sec A

Nelzarie I Wynn’s $10K as President is at the 26th percentile of top reported officer pay among 202 <$100K human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2021FY2020
Nelzarie I Wynn$9,875$18,262

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Provides creative nutrition and education services for at-risk kids and adults.

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Provided by the organization

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1 program · $47K · in their own filed words · FY2023
01

Soup kitchens were run all over south carolina and fed people all over south carolina this included children and adults people of low to no income families are welcome but noone is turned away they were also given commodity boxes every month which included staple items from all five food groups we also gave nutritional classes every…

$47Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2021
Total grants receivedfrom 1 funder$5K

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$75K
Ln 12
Gifts and grantsLn 1h$71K
Investment incomeLn 3$4K
Money outPt IX
$71K
Ln 25
Programscol B$47K
Managementcol C$23K
Owns and owesPt X
$18K
net assets · Ln 32
Cash and savingsLn 1–2$18K
Total assetsLn 16$18K
LiabilitiesLn 26$0
PeoplePt VI, VII
7
listed · VII A
PaidVII A0
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$71K
Noncash giftsLn 1g$20K
Investment incomeLn 3$4K
Total revenueLn 12$75K
Assets in detailPt X, end of year
CashLn 1$18K
Cash and savings togetherLn 1–2$18K
Land, buildings, equipmentLn 10c$707
Total assetsLn 16$18K
LiabilitiesLn 26$0
Net assetsLn 32$18K
OperationsPt I, VI
EmployeesI 515
VolunteersI 67
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$12K$18K
Land, buildings, equipmentLn 10c$2K$707
Total assetsLn 16$14K$18K
LiabilitiesLn 26$0$0
Net assetsLn 32$14K$18K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Advertising and promotionLn 12$640$640
OccupancyLn 16$22K$22K
Depreciation, depletion and amortizationLn 22$1K$1K
InsuranceLn 23$1K$1K
Other expenses (24a–d)Ln 24$45K$45K
Total functional expensesLn 25$71K$47K$23K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $68K$68K$33$18K 990 PDF
FY2023 Viewing $75K$71K$4K$18K 990 PDF
FY2022 $69K$69K$764$14K 990 PDF
FY2021 $360K$351K$9K$78K 990 PDF
FY2020 $442K$439K$2K$69K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (6 parts)
Part I · Summary $75,031 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $69,445$70,917
I-9 Program service revenue$0
I-10 Investment income$4,114
I-11 Other revenue$0
I-12 Total revenuePrior year $69,445$75,031
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $68,681$70,686
I-18 Total expensesPrior year $68,681$70,686
I-19 Revenue less expensesPrior year $764$4,345
Part VI · Governance 7 of 7 board members independent, no flags
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $75,031 across 5 lines filed
VIII-1f All other contributions, gifts and grants$70,917
VIII-1g Noncash contributions (included above)$19,517
VIII-1h Total contributions, gifts and grants$70,917
VIII-3 Investment incomeRelated to mission $4,114$4,114
VIII-12 Total revenueRelated to mission $4,114 · Unrelated business $0 · Excluded from tax $0$75,031
Part IX · Statement of functional expenses $70,686 across 5 lines filed
IX-12 Advertising and promotionPrograms $640$640
IX-16 OccupancyManagement $22,305$22,305
IX-22 Depreciation, depletion and amortizationPrograms $1,406$1,406
IX-23 InsuranceManagement $1,148$1,148
IX-24 Other expenses (24a–d)Programs $45,187$45,187
IX-25 Total functional expensesPrograms $47,233 · Management $23,453 · Fundraising $0$70,686
Part X · Balance sheet $18,344 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $11,890$17,637
X-10c Land, buildings and equipment, netStart of year $2,109$707
X-16 Total assetsStart of year $13,999$18,344
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $13,999$18,344
X-32 Total net assets or fund balancesStart of year $13,999$18,344
X-33 Total liabilities and net assetsStart of year $13,999$18,344
Part XI · Reconciliation of net assets $18,344 net assets at year end
XI-1 Total revenue$75,031
XI-2 Total expenses$70,686
XI-3 Revenue less expenses$4,345
XI-4 Net assets at start of year$13,999
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$18,344

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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