The mission for New Vision, Incorporated is to educate and empower through a continuum of services that strengthen the lives of families. Our beliefis that there are No Limits, No Boundaries to influencing the lives of children and families.

501(c)(3) charity; gifts are tax-deductible.
$204K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average surplus $44K a year · 8% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$204K
to officers and key staff · 76% of spending
Concern: pay to officers and key staff is 76% of spending; over 30%.
Pt VII · Sec A
3 mo
of spending, in cash
Fine: 2.9 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$222K
17% of total assets
Looks good: liabilities are 17% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 7 voting members
Looks good: 5 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$957K
Spent
$269K
To programs
0%
Net assets
$441K
By yearFY2020–FY2025
Revenue
$957K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$957K
FY2021$993K
FY2022$470K
FY2023$527K
FY2024$290K
FY2025$168K
Expenses
$269K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$269K
FY2021$1.3M
FY2022$563K
FY2023$431K
FY2024$439K
FY2025$145K
Net assets
$441K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$441K
FY2021−$395K
FY2022−$310K
FY2023−$334K
FY2024$58K
FY2025$67K

From the FY2020 Form 990 (year ending June 2020) · see the original

990 PDF Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jul 2001.

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

Where the money goes

What each dollar paid for.

Management & general 656% · $1.8M

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

14 people listed on the 990; $204K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
President
$102,092Pt VII · Sec A
Director of Programs
$101,951Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Chairperson
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A

Timothy Malone’s $51K as President is at the 27th percentile of top reported officer pay among 1404 $100K–1M crime & legal 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 · 3 named individuals · Part VII

NameFY2025FY2021FY2020
Timothy Malone$51,000$102,092—
Tim Malone——$102,092
Lakesha Malone$50,000$101,951$101,951

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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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Strengthens families by providing educational, therapeutic, and life skills services.

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Provided by the organization

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4 programs · in their own filed words · FY2019
01

The New Vision, Inc. Home Study Program provides assessments of potential foster and adoptive homes for the Tennessee Department of Children's Services. The Home Study Program serves Davidson County and the Mid- Cumberland Region counties. The Home Study Program serves a diverse population in respect to the families and children.

Pt IX · col B
02

Mid Cumberland Relative Caregiver Program (MCRCP) is an option available for relatives in the Mid-Cumberland region to care for related children who cannot live with their parents but are not in state custody.

Pt IX · col B
03

Mid Cumberland Relative Caregiver Program (MCRCP) is an option available for relatives in the Mid-Cumberland region to care for related children who cannot live with their parents but are not in state custody.

Pt IX · col B
04

New Vision, Inc, was awarded the Parents as Tender Healers (PATH) Foster Parenting Training contract for the Department of Children's Services serving the Middle Grand Region due to the success of the agency and the delivery of training.

Pt IX · col B

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$957K
Ln 12
Fees for servicesLn 2g$1.3M
Gifts and grantsLn 1h$957K
Money outPt IX
$269K
Ln 25
Managementcol C$1.8M
Owns and owesPt X
$441K
net assets · Ln 32
Cash and savingsLn 1–2$65K
Total assetsLn 16$1.3M
LiabilitiesLn 26$222K
PeoplePt VI, VII
14
listed · VII A
PaidVII A2
Voting boardVI 1a7
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$957K
Fees for servicesLn 2g$1.3M
Total revenueLn 12$957K
Assets in detailPt X, end of year
Cash and savings togetherLn 1–2$65K
Total assetsLn 16$1.3M
LiabilitiesLn 26$222K
Net assetsLn 32$441K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $168K$145K$23K$67K 990 PDF
FY2024 $290K$439K−$149K$58K 990 PDF
FY2023 $527K$431K$96K−$334K 990 PDF
FY2022 $470K$563K−$93K−$310K 990 PDF
FY2021 $993K$1.3M−$300K−$395K 990 PDF
FY2020 Viewing $957K$269K$688K$441K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons A · Public support O · Explanations
See the full FY2020 990 (1 part)
Part VI · Governance 5 of 7 board members independent, 2 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members5
VI-2 Family or business relationship among officers or directorsYes
VI-15a Process for setting top official's payNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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