Visionaries Incorporated EIN 23-7349483 Form 990 (PDF) Claim this org

Visionaries Incorporated FY2020 filing

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Equips Christian workers globally with training, aid, and credentials to share the gospel. For fiscal year 2020 it reported $253K in revenue, $247K in expenses, and $129K in net assets.Pt I

Founded
1972
Type
Public charity (501(c)(3)) · Nonprofit
Location
Oklahoma City, OK
Website
www.visionariesint.org
Filings
6 on file (2020–2020)
Revenue
$253KFY2020
Expenses
$247K
Net assets
$129K
People
10
Filings
6
Updates
0
More identity details & actions ⌄
EIN  23-7349483 Public charity (501(c)(3)) Oklahoma City, OK Founded 1972
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
Equips Christian workers globally with training, aid, and credentials to share the gospel.
Leadership
Curtis L Baker · President · $38K
Money in and out
$253K revenue, $247K expenses
Bottom line
44% program efficiency
Where the money goes · FY2020
Total revenue
$253K
Pt VIII · Ln 12
Total expenses
$247K
Pt IX · Ln 25
Net assets
$129K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $6K
Where spending went · Part IX cols B–D
Program services $0.44 Management & general $0.48 Fundraising $0.08
Program efficiency
44%
of spending reaches programs
Operating runway
6.3mo
months of highly liquid reserves at operating expense rate
Surplus margin
+2%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$253K
FY2020
Expenses
$247K
FY2020
Total assets
$429K
FY2020
Total liabilities
$300K
FY2020
Total revenue
$253K
Pt VIII · Ln 12
Total expenses
$247K
Pt IX · Ln 25
Net assets
$129K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$6K
Total assetsPt X · Ln 16$429K
Program-expense ratioPt IX · col B44%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 4pending

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CVisionaries Incorporated
EINHdr · item D23-7349483
Principal addressHdr · item COklahoma City, OK
WebsiteHdr · item Jwww.visionariesint.org
Year of formationHdr · item L1972
State of legal domicileHdr · item MOK
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFMar 1974

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1bpending
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 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$38,500Pt VII · Sec A
Secretary-Treasurer
$22,000Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Curtis L Baker$6,600$3,000$36,000$38,500$38,500$38,500
Jo Baker$29,400$36,000
Karlene Arthur$23,268$25,768$25,768$22,000

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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Mission & Programs · Part III

Where the work happens

3 program services account for $83K of program spending, described in the organization's own filed words · FY2020.
01

In 2020, Visionaries Inc provided assistance to pastors, educators, students, and churches on the foreign field. Visionaries Inc. is committed to continued assistance in these areas.

$50Kprogram expense
02

In 2020, Visionaries Inc provided pandemic assistance to missionaries, pastors, churches, and institutions to bring relief aid to individuals and families in need. Visionaries is committed to continued assistance in special and unexpected circumstances.

$23Kprogram expense
03

In 2020, Visionaries Inc. provided disaster relief funds to individuals, families, and churches in need as a result of hurricane damage. Visionaries Inc. is committed to continued assistance in this area.

$10Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants100%$253K
Total revenueLn 12$253K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.44 Management & general $0.48 Fundraising $0.08
Program services44%$109K
Management & general48%$118K
Fundraising8%$20K
Total functional expensesLn 25$247K

Balance Sheet

Part X · end of year
CashLn 1$129K
Total assetsLn 16$429K
Total liabilitiesLn 26$300K
Total net assetsLn 32$129K
Months of cash on handcomputed6.3

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $129K · Operating expenses/yr $247K
6.3 months
Where the money goes
Program services
Program services $109K · Total expenses $247K
44%
Management & General
Management & general $118K · Total expenses $247K
48%
Fundraising
Fundraising $20K · Total expenses $247K
8%
Cost to raise $1
Fundraising expense $20K · Solicited contributions $253K
$0.08 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $253K · Total revenue $253K
100%
Government reliance
Government grants $0 · Total revenue $253K
0%
Earned-income share
Program service revenue $0 · Total revenue $253K
0%
Investment reliance
Investment income $0 · Total revenue $253K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $247K
0%
Growth & trend
Revenue growth (YoY)
This year $253K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $129K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $253K · Expenses $247K
+2%
Liabilities-to-Assets
Total liabilities — · Total assets $429K
Net-asset ratio
Net assets $129K · Total assets $429K
30%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $429K
0%
People & payroll
Highest Reported Total Compensation
Individual Curtis L Baker · Reported title President · Highest reported compensation $38K · Total expenses $247K
16%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $67K · Total expenses $247K
27%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 44%
Overhead ratio 48%
Fundraising cost ratio 8%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0%
Fundraising fee ratio 0%

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.

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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
FY2025 (Latest)$443K revenue · ⤓ 990 PDF
FY2024$542K revenue · ⤓ 990 PDF
FY2023$333K revenue · ⤓ 990 PDF
FY2022$265K revenue · ⤓ 990 PDF
FY2021$148K revenue · ⤓ 990 PDF
FY2020$253K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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