Vision Inc

Nonprofit profile at a glance

EIN
421537796
IRS 990 coverage
2014–2020
Forms available
Form 990 2020
Location
Arlington, VA, USA
Phone
7032434433
Rating confidence
Limited
Sector
Eye Diseases, Blindness and Vision Impairments

Reported finances

Revenue
$0
Expenses
$1,242
Assets
$0
Liabilities
$1,242

Source: IRS Form 990. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

5 people listed

People named in this filing

  • HILDA OCHOA BRILLEMBOURG (PRES/DIRECTOR)
  • JOSE ANTONIO ABREU (VICE PRES/DIRECTOR)
  • ROBERTO DANINO (VICE PRES/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. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The primary exempt purpose of vision inc. Is to further, among other purposes, the excellence in education, performance and awareness of arts in northern, central and south america. The corporation is a sec. 509(a)(3) supporting organization that is supervised or controlled by the youth orchestra of americas, incorporated, a sec. 501(c)(3) exempt organization and not a private foundation.

What it reported doing in 2020

Provided general financial support to youth orchestra of americas, its beneficiary organization, for several artistic and educational activities, including concert performances and tours in the united states by young musicians from latin america. No donations were made in 2020.

Operating model

Revenue model
No positive adjusted resources. The filing reports no positive adjusted operating resources.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 90
  • Accountability: 64
  • Sustainability: 8
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: 0%; rating input score 0
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd 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: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 1 of 7 controls in place; rating input score 14
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 61; 61st percentile among comparable filings

Growth

  • Program expense growth: -75% per year; rating input score 0; 5th percentile among comparable filings
  • Revenue growth: 1.2% per year; rating input score 100; 72nd percentile among comparable filings
  • Asset growth: Limited

Details

  • Where the money goes: 0% of spending went to programs
  • Governance: 5 of 5 board members independent · 1 of 7 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 10 of 10 current checks pass
  • Schedules: 5 filed schedules
  • Filing history: 7 filing years from 2014 to 2020
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 1 filed related-organization link
  • 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 — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Accountability: Governance controls: 5 of 6 not reported.
  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • High — Growth: Program expense growth scored 0/100.