Vision Source Foundation FY2021 filing

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Help optometrists and their family members who have been impacted by catastrophic events or from health related events.

Form 990 Part I, line 1, FY2021. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 26-1307693) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
95¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
The latest return is for FY2024, 2 tax years back.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average deficit $10K a year · 4% of revenue · last 6 filings
A surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
95%
of spending
95% of spending went to programs.
Pt IX · Ln 25 · col B
27.3 mo
of spending, in cash
27.3 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $6K
1 funder names it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$4K
0.8% of total assets
Liabilities are 0.8% of assets.
Pt X · Ln 26
Independent board members
8
of 8 voting members
8 of 8 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$308K
+134% vs prior year
Spent
$222K
To programs
95%
Net assets
$501K
By yearFY2019–FY2024
Revenue
$308K
FY2021▲ +134%
Tap a bar for its year
Revenue by fiscal year
FY2019$222K
FY2020$132K
FY2021$308K
FY2022$184K
FY2023$191K
FY2024$313K
Expenses
$222K
FY2021▼ -30%
Tap a bar for its year
Expenses by fiscal year
FY2019$165K
FY2020$317K
FY2021$222K
FY2022$198K
FY2023$161K
FY2024$346K
Net assets
$501K
FY2021▲ +21%
Tap a bar for its year
Net assets by fiscal year
FY2019$601K
FY2020$416K
FY2021$501K
FY2022$505K
FY2023$535K
FY2024$503K

From the FY2021 Form 990 · see the original

You’re viewing the FY2021 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 Dec 2007.

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

Where the money goes

95 cents of each dollar spent went to programs.

Program services 95% · $212K Management & general 5% · $10K

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

8 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Vision Source 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 15aNo

Programs and updates

Provides financial and emotional support to eye care professionals and their families facing hardship.

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3 programs · $212K · in their own filed words · FY2021
01

Grants for 23 optometrists for office or home flooding, office fire, hurricane and other office or home damage

Form 990 Part III, line 4, FY2021. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 26-1307693) · Dispute this line
$134Kprogram expense
02

Grants for 8 optometrists AND/OR family members during recovery from illness, surgery, AND/OR hospitalization

Form 990 Part III, line 4, FY2021. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 26-1307693) · Dispute this line
$54Kprogram expense
03

Grants for death of optometrist family members

Form 990 Part III, line 4, FY2021. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 26-1307693) · Dispute this line
$25Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$6K
Grants paid · 21 grants · $1.5M · 2019–2024
Unitemized GrantFY2024$195,500
Unitemized GrantFY2024$123,000
Unitemized GrantFY2024$20,000
Unitemized GrantFY2023$70,000
Unitemized GrantFY2023$61,500
Unitemized GrantFY2023$20,000
Unitemized GrantFY2022$86,000
Unitemized GrantFY2022$65,000
Unitemized GrantFY2022$30,000
Unitemized GrantFY2021$133,500
Unitemized GrantFY2021$53,500
Unitemized GrantFY2021$25,000
Unitemized GrantFY2020$109,000
Unitemized GrantFY2020$103,000
Unitemized GrantFY2020$45,000
Unitemized GrantFY2019$90,000
Unitemized GrantFY2019$90,000
Unitemized GrantFY2019$55,000
See all 21 grants →

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$308K
Ln 12
Gifts and grantsLn 1h$230K
Other incomeLn 4–11$78K
Money outPt IX
$222K
Ln 25
Programscol B$212K
Managementcol C$10K
Owns and owesPt X
$501K
net assets · Ln 32
Cash and savingsLn 1–2$506K
Total assetsLn 16$506K
LiabilitiesLn 26$4K
PeoplePt VI, VII
8
listed · VII A
PaidVII A0
Voting boardVI 1a8
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$230K
Noncash giftsLn 1g$120K
Other incomeLn 4–11$78K
Gains on assetsLn 7$0
Total revenueLn 12$308K
Assets in detailPt X, end of year
CashLn 1$506K
Cash and savings togetherLn 1–2$506K
Pledges and grants receivableLn 3−$200
Total assetsLn 16$506K
LiabilitiesLn 26$4K
Net assetsLn 32$501K
OperationsPt I, VI
EmployeesI 50
VolunteersI 611
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3More from this return
Abroad and in kindSch F, M
Noncash gifts receivedSch M Pt I$120K
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$420K$506K
InvestmentsLn 11–13$0$0
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$420K$506K
LiabilitiesLn 26$4K$4K
Net assetsLn 32$416K$501K
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$212K$212K
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of officers and key staff (Part IX, line 5)Ln 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$0
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$6K$6K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$0
Office expensesLn 13$4K$4K
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$0
Total functional expensesLn 25$222K$212K$10K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 LatestFiled with the IRS Nov 11, 2025 $313K$346K−$33K$503K 990 PDF
FY2023Filed with the IRS Oct 29, 2024 $191K$161K$30K$535K 990 PDF
FY2022Filed with the IRS May 8, 2023 $184K$198K−$15K$505K 990 PDF
FY2021 ViewingFiled with the IRS May 10, 2022 $308K$222K$86K$501K 990 PDF
FY2020Filed with the IRS Aug 17, 2021 $132K$317K−$185K$416K 990 PDF
FY2019Filed with the IRS Jan 25, 2021 $222K$165K$57K$601K 990 PDF

Schedules filed Part IV

A · Public support I · Grants M · Noncash O · Explanations
See the full FY2021 990
Part I · Summary $307,624 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $131,654$229,532
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$78,092
I-12 Total revenuePrior year $131,654$307,624
I-13 Grants and similar amounts paidPrior year $257,000$212,000
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $59,507$10,095
I-18 Total expensesPrior year $316,507$222,095
I-19 Revenue less expensesPrior year −$184,853$85,529
Part VI · Governance 8 of 8 board members independent, 4 to look at
VI-1a Voting members of the governing body8
VI-1b Independent voting members8
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $307,624 across 9 lines filed
Lines not itemized here account for $78,092 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$229,532
VIII-1g Noncash contributions (included above)$119,525
VIII-1h Total contributions, gifts and grants$229,532
VIII-3 Investment income$0
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueUnrelated business $0 · Excluded from tax $78,092$307,624
Part IX · Statement of functional expenses $222,095 across 29 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individualsPrograms $212,000$212,000
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of officers and key staff (Part IX, line 5)$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$0
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesManagement $5,658$5,658
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-12 Advertising and promotion$0
IX-13 Office expensesManagement $4,437$4,437
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 Insurance$0
IX-25 Total functional expensesPrograms $212,000 · Management $10,095 · Fundraising $0$222,095
Part X · Balance sheet $505,599 assets, 30 lines filed
X-1 Cash, non-interest-bearingStart of year $420,270$505,799
X-2 Savings and temporary cash investmentsStart of year $0$0
X-3 Pledges and grants receivableStart of year −$200−$200
X-4 Accounts receivableStart of year $0$0
X-5 Loans to officers and key peopleStart of year $0$0
X-6 Loans to other insidersStart of year $0$0
X-7 Notes and loans receivableStart of year $0$0
X-8 Inventories for sale or useStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $0$0
X-10c Land, buildings and equipment, netStart of year $0$0
X-11 Publicly traded securitiesStart of year $0$0
X-12 Other securitiesStart of year $0$0
X-13 Program-related investmentsStart of year $0$0
X-14 Intangible assetsStart of year $0$0
X-15 Other assetsStart of year $0$0
X-16 Total assetsStart of year $420,070$505,599
X-17 Accounts payable and accrued expensesStart of year $0$0
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $0$0
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-21 Escrow or custodial accountsStart of year $0$0
X-22 Loans from officers and insidersStart of year $0$0
X-23 Secured mortgages and notes payableStart of year $0$0
X-24 Unsecured notes and loans payableStart of year $0$0
X-25 Other liabilitiesStart of year $4,186$4,186
X-26 Total liabilitiesStart of year $4,186$4,186
X-27 Net assets without donor restrictionsStart of year $415,884$501,413
X-28 Net assets with donor restrictionsStart of year $0$0
X-32 Total net assets or fund balancesStart of year $415,884$501,413
X-33 Total liabilities and net assetsStart of year $420,070$505,599
Part XI · Reconciliation of net assets $501,413 net assets at year end
XI-1 Total revenue$307,624
XI-2 Total expenses$222,095
XI-3 Revenue less expenses$85,529
XI-4 Net assets at start of year$415,884
XI-5 Net unrealized gains (losses) on investments$0
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$0
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$501,413

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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