Anew Vision Transitional Living Inc

Nonprofit profile at a glance

EIN
472791010
IRS 990 coverage
2016–2024
Forms available
Form 990 2024
Location
Rio Vista, TX, USA
Phone
4693964461
Rating
64
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Inmate Support

Reported finances

Revenue
$850,622
Expenses
$696,690
Assets
$1,201,731
Liabilities
$354,837

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • Donald Foreman (President)
  • Monty Sharp (Vice President)

Highest reported compensation

  • Donald Foreman (President): $129,000 total reported compensation
  • Stacy Foard (Treasurer): $119,000 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The organization provided housing and job placement services for ex-offenders, people in recovery, homelessness, and any misfortunate person that may have encountered life trauma/tragedy throughout life. Residents commit to sober living and a crime-free lifestyle. Residents are offered relapse prevention, life skills, process, and NA/AA groups on property with LCDC. Our goal is to reform addicts and criminal thinking and reduce the recidivism rate and homelessness. We receive private donations to offset the cost of the program.

What it reported doing in 2024

Anew Vision is a transitional program that focuses on the less fortunate. We offer housing for ex-offenders, people in recovery, homelessness, and any misfortunate person that may have encountered life trauma/tragedy throughout life. We promote sober living and crime free lifestyle. We have relapse prevention, life skills, process, and NA/AA groups on property with LCDC. Our goal is to reform addicts and criminal thinking and reduce the recidivism rate and homelessness. We offer an indigent program that provides a work therapy component to teach job skills, people skills, and public relations that will a allow a person to transition into the working society regardless of their past history. We receive private donations to offset the cost of the program.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up and program spending has grown recently. Some filing-based governance responses are negative or unanswered and a relatively small share of voting board members are independent.

Rating breakdown

  • Financial Efficiency: 59
  • Transparency & Controls: 90
  • Accountability: 29
  • Sustainability: 56
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 61.4%; rating input score 61
  • Program expense ratio: 75%; rating input score 75
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 50%; rating input score 50; 11th percentile among comparable filings
  • Governance controls: 0 of 9 controls in place; rating input score 0
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Fail
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 18.1%; rating input score 74; 74th percentile among comparable filings
  • Total-asset coverage ratio: 1.72; rating input score 60; 60th percentile among comparable filings
  • Liabilities to assets ratio: 0.3; rating input score 25; 25th percentile among comparable filings
  • Officer compensation ratio: 35.6%; rating input score 5; 5th percentile among comparable filings

Growth

  • Program expense growth: 2.1% per year; rating input score 100; 27th percentile among comparable filings
  • Revenue growth: 5% per year; rating input score 100; 44th percentile among comparable filings
  • Asset growth: 17.3% per year; rating input score 100; 77th percentile among comparable filings

Details

  • Where the money goes: 61.4% of revenue deployed · 75% of spending went to programs
  • Governance: 2 of 4 board members independent · 0 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $522K in reported program spending
  • Leadership: top reported pay $129K · 4 people listed
  • Consistency: 25 of 25 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 9 filing years from 2016 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Accountability: Governance controls: 8 of 8 not reported.
  • Review — Accountability: Independent voting board scored 50/100.
  • High — Sustainability: Officer compensation ratio scored 5/100.
  • High — Sustainability: Liabilities to assets ratio scored 25/100.