Future Vision Foundation Inc
Nonprofit profile at a glance
- EIN
- 822971084
- IRS 990-EZ coverage
- 2023–2023
- Forms available
- Form 990-EZ 2023, Form 990-N 2021
- Location
- Cleveland, OH, USA
- Phone
- 2163823366
- Rating
- 70
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Film, Video
Reported finances
- Revenue
- $140,278
- Expenses
- $109,943
- Assets
- $12,163
Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.
Leadership & pay
1 person listed
Executive titles in this filing
- Jessica Pietropinto (Executive Director)
People named in this filing
- Jessica Pietropinto (Executive Director)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Our mission is to drive progress by uniting global experts for collaboration and to showcase breakthroughs in vision research though powerful and inspiring films
What it reported doing in 2023
Grants to assist in programing
Operating model
- Revenue model
- Donor-supported. 86% 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 - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filed totals do not add up and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 71
- Transparency & Controls: 82
- Sustainability: 39
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 64.1%; rating input score 64
- Program expense ratio: 81.8%; rating input score 82
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 21.6%; rating input score 76; 76th percentile among comparable filings
- Total-asset coverage ratio: 0.11; rating input score 11; 11th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 50.9%; rating input score 4; 4th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 64.1% of revenue deployed · 81.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $90K in reported program spending
- Leadership: top reported pay $0 · 1 people listed
- Consistency: 7 of 8 current checks pass · 1 finding to review
- Schedules: 2 filed schedules
- 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.
- Moderate — Transparency & Controls: Part I part ii net assets crosscheck did not reconcile in the filed values.
- High — Sustainability: Total-asset coverage ratio scored 11/100.
- High — Sustainability: Officer compensation ratio scored 4/100.