Association For Vision Rehabilitation And Employment Inc
Association For Vision Rehabilitation And Employment Inc maintains stable assets and zero reported officer compensation over a decade.
EIN: 150532059 · Binghamton, NY · NTEE: J330 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $17.5M |
| Total Expenses | $4.4M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $4 |
| Net Assets | $11.9M |
| Transparency Score | 85/100 |
Is Association For Vision Rehabilitation And Employment Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Association For Vision Rehabilitation And Employment Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Association For Vision Rehabilitation And Employment Inc
Association For Vision Rehabilitation And Employment Inc (EIN: 150532059) is a nonprofit organization based in Binghamton, NY, classified under NTEE code J330. The organization reported total revenue of $17.5M and total assets of $15.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Association For Vision Rehabilitation And Employment Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Association For Vision Rehabilitation And Employment Inc is a large nonprofit that has been operating for 87 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 1.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.4M |
| Total Expenses | $4.4M |
| Surplus / Deficit | +$39K |
| Total Assets | $14.3M |
| Total Liabilities | $2.4M |
| Net Assets | $11.9M |
| Operating Margin | 0.9% |
| Debt-to-Asset Ratio | 16.7% |
| Months of Reserves | 39.3 months |
Financial Health Grade: A
In 2023, Association For Vision Rehabilitation And Employment Inc reported a surplus of $39K with revenue exceeding expenses, holds 39.3 months of operating reserves (strong position), has a debt-to-asset ratio of 16.7% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Association For Vision Rehabilitation And Employment Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.1% | +9.9% | +0.6% |
| 2022 | -8.1% | -15.2% | -10.1% |
| 2021 | +1.4% | -11.9% | +7.6% |
| 2020 | -0.5% | +0.8% | -1.9% |
| 2019 | +13.1% | +6.5% | +0.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1939 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Association For Vision Rehabilitation And Employment Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Association For Vision Rehabilitation And Employment Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $39K, with revenue exceeding expenses.
- Debt-to-asset ratio: 16.7%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, which is highly unusual for an organization with annual revenues exceeding $4 million. This suggests either a volunteer leadership model or that compensation is categorized differently, requiring further scrutiny for full transparency.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Association For Vision Rehabilitation And Employment Inc's IRS 990 filings:
- Consistent 0% officer compensation across all filings, which is highly unusual for an organization of this size and warrants further investigation for complete transparency.
Strengths
The following positive indicators were identified for Association For Vision Rehabilitation And Employment Inc:
- Consistent asset base, generally exceeding $14 million, indicating financial stability.
- Recent positive net income (202306: Revenue $4,407,011 vs. Expenses $4,367,914), showing improved operational efficiency.
- Long and consistent IRS 990 filing history (12 filings), demonstrating transparency and compliance.
- Implied high program spending efficiency due to 0% reported officer compensation.
Frequently Asked Questions about Association For Vision Rehabilitation And Employment Inc
Is Association For Vision Rehabilitation And Employment Inc a legitimate charity?
Association For Vision Rehabilitation And Employment Inc (EIN: 150532059) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 12 years of IRS 990 filings on record. Total revenue: $17.5M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Association For Vision Rehabilitation And Employment Inc spend its money?
Association For Vision Rehabilitation And Employment Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Association For Vision Rehabilitation And Employment Inc tax-deductible?
Association For Vision Rehabilitation And Employment Inc is registered as a tax-exempt nonprofit (EIN: 150532059). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Association For Vision Rehabilitation And Employment Inc CEO make?
Association For Vision Rehabilitation And Employment Inc's highest-compensated officer earns $4 annually. The organization reported $17.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Association For Vision Rehabilitation And Employment Inc's spending goes to programs?
Association For Vision Rehabilitation And Employment Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Association For Vision Rehabilitation And Employment Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Association For Vision Rehabilitation And Employment Inc is above average for NTEE category J330 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Association For Vision Rehabilitation And Employment Inc located?
Association For Vision Rehabilitation And Employment Inc is headquartered in Binghamton, New York and files with the IRS under EIN 150532059. It is classified under NTEE code J330.
How many years of IRS 990 filings does Association For Vision Rehabilitation And Employment Inc have?
Association For Vision Rehabilitation And Employment Inc has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $17.5M in total revenue.
Is Association For Vision Rehabilitation And Employment Inc a good charity?
Based on the available data, AVRE appears to be a financially stable organization with consistent assets and a strong operational history. The reported 0% officer compensation is a notable point, suggesting a high degree of efficiency in resource allocation, which generally indicates a good charity.
How does AVRE manage to report 0% officer compensation?
The consistent reporting of 0% officer compensation across all 12 filings is highly unusual for an organization of this size. It could mean that executive leadership is entirely volunteer-based, compensated through a related entity, or that their compensation is not categorized as 'officer compensation' on the 990 form. Further investigation into their financial statements would be needed to understand this structure.
Has AVRE's financial health improved recently?
Yes, in the most recent period (202306), AVRE reported revenues of $4,407,011 exceeding expenses of $4,367,914, resulting in a positive net income. This indicates an improvement compared to some prior years (e.g., 202006, 201906, 201806) where expenses exceeded revenues.
Filing History
IRS 990 filing history for Association For Vision Rehabilitation And Employment Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Association For Vision Rehabilitation And Employment Inc's revenue has grown by 19.8%, moving from $3.7M to $4.4M. Total assets increased by 12.1% over the same period, from $12.8M to $14.3M. Total functional expenses rose by 25.7%, from $3.5M to $4.4M. In its most recent filing year (2023), Association For Vision Rehabilitation And Employment Inc reported a surplus of $39K, with revenue exceeding expenses. The organization holds $2.4M in liabilities against $14.3M in assets (debt-to-asset ratio: 16.7%), resulting in net assets of $11.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.4M | $4.4M | $14.3M | $2.4M | — | View 990 |
| 2022 | $4.4M | $4.0M | $14.2M | $2.2M | — | View 990 |
| 2021 | $4.8M | $4.7M | $15.8M | $2.7M | — | View 990 |
| 2020 | $4.7M | $5.3M | $14.7M | $3.1M | — | View 990 |
| 2019 | $4.7M | $5.3M | $15.0M | $2.8M | — | View 990 |
| 2018 | $4.2M | $5.0M | $14.9M | $2.1M | — | View 990 |
| 2017 | $4.3M | $4.7M | $15.0M | $1.5M | — | View 990 |
| 2016 | $3.6M | $4.2M | $15.2M | $1.6M | — | View 990 |
| 2015 | $5.2M | $3.7M | $15.7M | $1.8M | — | View 990 |
| 2014 | $3.5M | $3.8M | $13.6M | $609K | — | View 990 |
| 2013 | $3.7M | $3.8M | $13.2M | $710K | — | View 990 |
| 2012 | $3.7M | $3.5M | $12.8M | $665K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.4M, expenses of $4.4M, and assets of $14.3M (revenue +0.1% year-over-year).
- 2022: Revenue of $4.4M, expenses of $4.0M, and assets of $14.2M (revenue -8.1% year-over-year).
- 2021: Revenue of $4.8M, expenses of $4.7M, and assets of $15.8M (revenue +1.4% year-over-year).
- 2020: Revenue of $4.7M, expenses of $5.3M, and assets of $14.7M (revenue -0.5% year-over-year).
- 2019: Revenue of $4.7M, expenses of $5.3M, and assets of $15.0M (revenue +13.1% year-over-year).
- 2018: Revenue of $4.2M, expenses of $5.0M, and assets of $14.9M (revenue -3.5% year-over-year).
- 2017: Revenue of $4.3M, expenses of $4.7M, and assets of $15.0M (revenue +20.4% year-over-year).
- 2016: Revenue of $3.6M, expenses of $4.2M, and assets of $15.2M (revenue -30.5% year-over-year).
- 2015: Revenue of $5.2M, expenses of $3.7M, and assets of $15.7M (revenue +47.9% year-over-year).
- 2014: Revenue of $3.5M, expenses of $3.8M, and assets of $13.6M (revenue -5.0% year-over-year).
- 2013: Revenue of $3.7M, expenses of $3.8M, and assets of $13.2M (revenue +0.4% year-over-year).
- 2012: Revenue of $3.7M, expenses of $3.5M, and assets of $12.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Association For Vision Rehabilitation And Employment Inc:
Data Sources and Methodology
This transparency report for Association For Vision Rehabilitation And Employment Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.