Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Oct 1976.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
88 cents of each dollar spent went to programs.
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
11 people listed on the 990; $63K paid to officers and key staff.
Terri S Thomas’s $63K as Executive Director is at the 46th percentile of top reported officer pay among 902 $100K–1M diseases & disorders 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.
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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
Offers services to help blind and visually impaired individuals.
Questions for Vision Resource Center
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Health and Wellness
Health and wellness encompasses all things independent living skills, training, socialization skills, and wellness and fosters the mental and physical wellness of our blind consumers. We used $31,167.14 in grants towards this project in 2023.
Vrc Tech and Mobility
The city of fayetteville awarded this grant to support the purchase of wewalk canes (smart cane) devices for our blind consumers to navigate the city of fayetteville independently with this new technology. We used $8,580. Towards this project in 2023.
Vr Radio Reading
The vrc-vly reading service utilizes volunteers to read local newspapers and magazines in cumberland and surrounding counties for the blind and print-impaired over our 24 hour streaming radio service that can be listened to via phone, alexa or website.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $44K | $26K |
| Land, buildings, equipmentLn 10c | $37K | $16K |
| Total assetsLn 16 | $83K | $45K |
| LiabilitiesLn 26 | $23K | $4K |
| Net assetsLn 32 | $61K | $41K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $61K | $57K | $4K | |
| Other salaries and wagesLn 7 | $36K | $34K | $2K | |
| Other employee benefitsLn 9 | $4K | $4K | ||
| Payroll taxesLn 10 | $7K | $7K | $472 | |
| Accounting feesLn 11c | $6K | $6K | ||
| Other fees for servicesLn 11g | $17K | $17K | ||
| Advertising and promotionLn 12 | $16 | $16 | ||
| Office expensesLn 13 | $16K | $14K | $2K | |
| Information technologyLn 14 | $900 | $900 | ||
| OccupancyLn 16 | $4K | $4K | $86 | |
| TravelLn 17 | $2K | $2K | $627 | |
| Travel and entertainment for public officialsLn 18 | $8K | $8K | $265 | |
| InsuranceLn 23 | $12K | $5K | $7K | |
| Other expenses (24a–d)Ln 24 | $79K | $70K | $3K | $7K |
| All other expensesLn 24e | $142 | $0 | $142 | $0 |
| Total functional expensesLn 25 | $253K | $222K | $24K | $7K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Viewing | $230K | $253K | −$23K | $41K | 990 PDF |
| FY2023 | Not on file | ||||
| FY2022 | $279K | $256K | $24K | $135K | 990 PDF |
| FY2021 | $274K | $292K | −$17K | $112K | 990 PDF |
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Schedules filed Part IV
See the full FY2024 990 (6 parts)
Part I · Summary $229,796 revenue, 12 lines filed
Part VI · Governance 10 of 11 board members independent, no flags
Part VIII · Statement of revenue $229,796 across 11 lines filed
Part IX · Statement of functional expenses $252,849 across 15 lines filed
Part X · Balance sheet $44,990 assets, 10 lines filed
Part XI · Reconciliation of net assets $40,955 net assets at year end
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
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