Nonprofit screen
Screen a listVisionspring Inc
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$13Mrevenue
FY2024 · +2% in 3 yrs15staff
8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−4.0%
Months of reserve0.9mo
Revenue growth (annualized)+13.9%
Middle half of peersMedianVisionspring
Where the money goes FY2024 · $13M spent
Programs$10M75%Management and general$2.1M15%Fundraising$1.3M10%990 FY2024 · Part IX line 25
Worth checking2
Federal awards stopped after FY2022
$250k in FY2022, none traced since.
USAspendingDeficits in 2 of the last 3 years
−$401k in FY2023 and −$521k in FY2024. Cash covers 0.9 months, under the peer median of 4.2.
990 Part I and balance sheetIn its favor2
Strong governance
11 of 12 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIGrowing faster than peers
Revenue up 14% a year since FY2017, faster than half of similar nonprofits.
990 Part I · peer cohort49funders
$8.2Ma year, last 3 years
61%from its largest funder
Funder’17’18’19’20’21’22’23The Ray and Tye Noorda FoundationSince FY2019$500k$750k$750k$625k$500kWarby Parker Impact FoundationSince FY2022$870k$1.2MMulago FoundationEvery year since FY2017$400k$318k$300k$325k$200k$100k$250k20 20 QuestSince FY2018$6k$167k$167k$218k$311k$560kDovetail Impact Foundation (Fka David Weekley Family Foundation)On and off$250k$300k$300k$300kHampshire Foundation IncSince FY2020$200k$200k$250k$350kDonor-advised giftsDonors not disclosed$809k$375k$341k$519k$234k$15M$298k25 other fundersUp to $450k a year each$51k$3k$161k$677k$428k$664k$400k
FundedThrough a donor-advised fund