Vision Productions INC EIN 62-1567997

Vision Productions INC

EIN  62-1567997 Religious organization Kingsport, TN
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Size
$100K–1M
What they do
Leads people to a personal relationship with Jesus Christ and nurtures it.
Leadership
Billy Wayne Arrington · President · $43K
Money in and out
$398K revenue, $538K expenses
Bottom line
56% program efficiency

Leads people to a personal relationship with Jesus Christ and nurtures it. For fiscal year 2024 it reported $398K in revenue, $538K in expenses, and $451K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$398K
Pt VIII · Ln 12
Total expenses
$538K
Pt IX · Ln 25
Net assets
$451K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$139K
Where spending went · Part IX cols B–D
Program services $0.56 Management & general $0.44
Program efficiency
56%
of spending reaches programs▲ +299% vs prior filing year
Operating runway
0.6mo
months of highly liquid reserves at operating expense rate▼ -25% vs prior filing year
Surplus margin
-35%
revenue over expenses, this year▼ -598% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$398K
FY2024▼ -36%
Expenses
$538K
FY2024▼ -8%
Total assets
$1.3M
FY2024▼ -4%
Total liabilities
$849K
FY2024▲ +11%
Total revenue
$398K
Pt VIII · Ln 12
Total expenses
$538K
Pt IX · Ln 25
Net assets
$451K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$139K
Total assetsPt X · Ln 16$1.3M
Program-expense ratioPt IX · col B56%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 49
Mission & Programs · Part III

Where the work happens

3 program services account for $300K of program spending, described in the organization's own filed words · FY2024.
01

In 2024, 0 individuals made spiritual decisions to commit or recommit their lives to jesus christ through christian concerts, plays, and other social gatherings. Various

$191Kprogram expense
02

In 2024, 1282 individuals made spiritual decisions to commit or recommit their lives to jesus christ through christian concerts, plays, and other social gatherings. Theatre

$86Kprogram expense
03

In 2024, 18 individuals made spiritual decisions to commit or recommit their lives to jesus christ through christian concerts, plays, and other social gatherings. Halo program

$22Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CVision Productions INC
EINHdr · item D62-1567997
Principal addressHdr · item CKingsport, TN
WebsiteHdr · item Jbillywayne.net
Year of formationHdr · item Lpending
State of legal domicileHdr · item MTN
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFReligion (X21Z)
Ruling yearIRS BMFMar 1996

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b9
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 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$42,662Pt VII · Sec A
Chairman
$0Pt VII · Sec A
Director of Outreach & Security
$0Pt VII · Sec A
Secretary/Public Relations
$0Pt VII · Sec A
$0Pt VII · Sec A
Director of Fundraising
$0Pt VII · Sec A
Director of Production Oversight
$0Pt VII · Sec A
Director of Cast Relations
$0Pt VII · Sec A

Billy Wayne Arrington’s $43K as President is at the 44th percentile of top reported officer pay among 2136 $100K–1M religion 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

NameFY2024FY2023FY2022FY2021FY2020
Billy Wayne Arrington$42,662$37,936$41,540$43,253$41,914

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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Statement of Revenue

Part VIII
Program service revenue$282K · 71%
Contributions & grants$103K · 26%
Other revenue$14K · 3%
Program service revenue71%$282K
Contributions & grants26%$103K
Other revenue3%$14K
Investment income$91
Total revenueLn 12$398K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.56 Management & general $0.44
Program services56%$300K
Management & general44%$238K
Total functional expensesLn 25$538K

Balance Sheet

Part X · end of year
CashLn 1$28K
Total assetsLn 16$1.3M
Total liabilitiesLn 26$849K
Total net assetsLn 32$451K
Months of cash on handcomputed0.6

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $28K · Operating expenses/yr $538K
0.6 months
Where the money goes
Program services
Program services $300K · Total expenses $538K
56%
Management & General
Management & general $238K · Total expenses $538K
44%
Fundraising
Fundraising $0 · Total expenses $538K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $533 · Solicited contributions (3-yr avg) $303K
$0.00 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $103K · Total revenue $398K
26%
Government reliance
Government grants — · Total revenue $398K
Earned-income share
Program service revenue $282K · Total revenue $398K
71%
Investment reliance
Investment income $91 · Total revenue $398K
0%
Program self-sufficiency
Program service revenue $282K · Total expenses $538K
52%
Growth & trend
Revenue growth (YoY)
This year $398K · Prior year $627K
-36%
Revenue CAGR
FY2020 $425K · FY2024 $398K
-2%
Net-asset trend (YoY)
End of year $451K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $398K · Expenses $538K
-35%
Liabilities-to-Assets
Total liabilities — · Total assets $1.3M
Net-asset ratio
Net assets $451K · Total assets $1.3M
35%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.3M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Billy Wayne Arrington · Reported title PRESIDENT · Highest reported compensation $43K · Total expenses $538K
8%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $90K · Total expenses $538K
17%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 56%
Overhead ratio 44%
Fundraising cost ratio 0%
Revenue growth -36%
Accounting fee ratio 1%

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.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$270

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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
FY2024 (Latest)$398K revenue · viewing · ⤓ 990 PDF
FY2023$627K revenue · ⤓ 990 PDF
FY2022$637K revenue · ⤓ 990 PDF
FY2021$748K revenue · ⤓ 990 PDF
FY2020$425K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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