Is it real?
Yes. Never revoked by the IRS. Latest filing we have: FY2020.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
60 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
Something off? Claim to add context
Who runs it and what they're paid
9 people listed on the 990; $114K paid to officers and key staff (Part VII, Section A).
Compensation history total reportable pay by year · 1 named individual · Part VII
| Name | FY2021 | FY2020 |
|---|---|---|
| Megan E Tomsheck | $118,366 | $113,963 |
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.
See Visioncorps Foundation executive salaries →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
Empowering blind and visually impaired individuals for greater personal and economic independence.
Questions for Visioncorps Foundation
Your first name shows with your question. Visioncorps Foundation answers here, for everyone.
Grant-Making
Visioncorps foundation trustees approved grants supporting programs that enable greater financial and social independence for people who are blind. Grants given include grants to programs that have provided 104,927 hours of work to employees who are blind, giving these individuals economic independence.
Form 990 Part III, line 4, FY2019. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 20-8657297) · Dispute this lineEducation and Public Awareness
Visioncorps foundation understands that community education and awareness is critical in maintaining support for its programs. One particular program supported by the foundation served 1,117 unique clients in its many service areas, for a total of 8,929 service hours - this would not have been possible without the support of an aware and…
Form 990 Part III, line 4, FY2019. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 20-8657297) · Dispute this lineFunders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2020 990, line by line.
Download 990
| Line | Start FY20 | End FY20 |
|---|---|---|
| Cash and savingsLn 1–2 | $85K | $95K |
| InvestmentsLn 11–13 | $12.9M | $13.2M |
| Land, buildings, equipmentLn 10c | $5K | $5K |
| Total assetsLn 16 | $13.4M | $13.6M |
| LiabilitiesLn 26 | $228K | $305K |
| Net assetsLn 32 | $13.2M | $13.3M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $659K | $659K | ||
| Pay of officers and key staff (Part IX, line 5)Ln 5 | $122K | $37K | $6K | $80K |
| Other salaries and wagesLn 7 | $126K | $52K | $24K | $50K |
| Pension plan contributionsLn 8 | $6K | $3K | $1K | $2K |
| Other employee benefitsLn 9 | $11K | $5K | $707 | $5K |
| Payroll taxesLn 10 | $19K | $7K | $2K | $10K |
| Professional fundraising feesLn 11e | $100K | $100K | ||
| Investment management feesLn 11f | $60K | $60K | ||
| Other fees for servicesLn 11g | $14K | $14K | ||
| Advertising and promotionLn 12 | $5K | $5K | ||
| Office expensesLn 13 | $12K | $12K | ||
| OccupancyLn 16 | $4K | $4K | ||
| TravelLn 17 | $1K | $1K | ||
| Conferences, conventions and meetingsLn 19 | $1K | $1K | ||
| InterestLn 20 | $2K | $2K | ||
| Depreciation, depletion and amortizationLn 22 | $760 | $760 | ||
| InsuranceLn 23 | $2K | $2K | ||
| Other expenses (24a–d)Ln 24 | $114K | $70K | $44K | |
| All other expensesLn 24e | $9K | $9K | ||
| Total functional expensesLn 25 | $1.3M | $762K | $216K | $291K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2021 LatestFiled with the IRS Feb 7, 2022 | $1.0M | $1.0M | $8K | $0 | 990 PDF |
| FY2020 ViewingFiled with the IRS Feb 3, 2021 | $1.9M | $1.3M | $638K | $13.3M | 990 PDF |
Schedules filed Part IV
See the full FY2020 990
Part I · Summary $1,907,213 revenue, 12 lines filed
Part VI · Governance 7 of 8 board members independent, no flags
Part VIII · Statement of revenue $1,907,213 across 8 lines filed
Part IX · Statement of functional expenses $1,268,879 across 19 lines filed
Part X · Balance sheet $13,586,159 assets, 15 lines filed
Part XI · Reconciliation of net assets $13,281,381 net assets at year end
Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File
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