Community Vision Inc
Community Vision Inc. faces financial instability with persistent deficits and growing liabilities.
EIN: 113683516 · Washington, DC · NTEE: T50 · Updated: 2026-03-28
Is Community Vision Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Community Vision Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Community Vision Inc
Community Vision Inc (EIN: 113683516) is a nonprofit organization based in Washington, DC, classified under NTEE code T50. The organization reported total revenue of $9K and total assets of $417K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Community Vision Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Community Vision Inc is a micro nonprofit that has been operating for 10 years, with 9 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of -12.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $64K |
| Total Expenses | $130K |
| Surplus / Deficit | $-66,558 |
| Total Assets | $767K |
| Total Liabilities | $1.0M |
| Net Assets | $-244,904 |
| Operating Margin | -104.3% |
| Debt-to-Asset Ratio | 131.9% |
| Months of Reserves | 70.6 months |
Financial Health Grade: C
In 2023, Community Vision Inc reported a deficit of $67K with expenses exceeding revenue, holds 70.6 months of operating reserves (strong position), has a debt-to-asset ratio of 131.9% (high leverage).
Financial Trends
Over 9 years of filings (2015–2023), Community Vision Inc's revenue has declined at a compound annual growth rate (CAGR) of -12.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -70.6% | -55.0% | -11.7% |
| 2022 | +1002.5% | -26.7% | -14.1% |
| 2021 | +11.8% | +1110.8% | +25.0% |
| 2020 | -63.6% | -61.4% | +31.4% |
| 2019 | -71.3% | -30.3% | -21.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2016 |
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 Community Vision Inc with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Community Vision Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $67K, with expenses exceeding revenue.
- Debt-to-asset ratio: 131.9%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or key employees received compensation, which is a strong positive for minimizing overhead and maximizing resources for the mission.
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 Community Vision Inc's IRS 990 filings:
- Persistent operational deficits (expenses exceeding revenue in 7 of 9 periods).
- Liabilities consistently exceeding assets in recent years (e.g., $1,011,840 liabilities vs. $766,936 assets in 2023).
- Significant decline in latest reported revenue to $9,218, raising sustainability concerns.
- Overall declining trend in assets from a peak of $1,011,210 in 2021 to $766,936 in 2023.
Strengths
The following positive indicators were identified for Community Vision Inc:
- No reported officer compensation across all filings, indicating low executive overhead.
- Long filing history (9 filings) suggests consistent compliance with IRS reporting requirements.
Frequently Asked Questions about Community Vision Inc
Is Community Vision Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Community Vision Inc (EIN: 113683516) significant concerns. Mission Score: 45/100. 4 red flags identified, 2 strengths noted.
How does Community Vision Inc spend its money?
Community Vision Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Community Vision Inc tax-deductible?
Community Vision Inc is registered as a tax-exempt nonprofit (EIN: 113683516). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Community Vision Inc. plan to address its persistent operational deficits?
The organization has consistently spent more than it earned in recent years, with expenses exceeding revenue in 7 out of 9 reported periods. For example, in 2023, expenses were $130,343 while revenue was $63,785. A clear strategy for achieving financial sustainability is needed.
What is the detailed breakdown of program, administrative, and fundraising expenses?
Without a detailed breakdown of expenses, it's challenging to fully assess the organization's spending efficiency and how much of its budget directly supports its mission. This information is crucial for understanding resource allocation.
Why have liabilities consistently exceeded assets in the last three reporting periods?
Since 2021, liabilities have been greater than assets, reaching $1,011,840 in liabilities against $766,936 in assets in 2023. This negative net asset position raises concerns about the organization's long-term solvency and financial health.
What caused the significant drop in revenue to $9,218 in the latest reported period?
The latest reported revenue of $9,218 is a drastic decrease from previous years (e.g., $63,785 in 2023, $216,839 in 2022), which could indicate a significant change in funding or operational capacity.
Filing History
IRS 990 filing history for Community Vision Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), Community Vision Inc's revenue has declined by 65.1%, moving from $183K to $64K. Total assets increased by 72.2% over the same period, from $445K to $767K. Total functional expenses fell by 21.9%, from $167K to $130K. In its most recent filing year (2023), Community Vision Inc reported a deficit of $67K, with expenses exceeding revenue. The organization holds $1.0M in liabilities against $767K in assets (debt-to-asset ratio: 131.9%), resulting in net assets of $-244,904.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $64K | $130K | $767K | $1.0M | — | — |
| 2022 | $217K | $289K | $868K | $1.2M | — | View 990 |
| 2021 | $20K | $395K | $1.0M | $1.3M | — | View 990 |
| 2020 | $18K | $33K | $809K | $681K | — | — |
| 2019 | $48K | $85K | $616K | $473K | — | View 990 |
| 2018 | $168K | $121K | $779K | $600K | — | View 990 |
| 2017 | $41K | $181K | $428K | $296K | — | View 990 |
| 2016 | $129K | $195K | $471K | $198K | — | View 990 |
| 2015 | $183K | $167K | $445K | $106K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $64K, expenses of $130K, and assets of $767K (revenue -70.6% year-over-year).
- 2022: Revenue of $217K, expenses of $289K, and assets of $868K (revenue +1002.5% year-over-year).
- 2021: Revenue of $20K, expenses of $395K, and assets of $1.0M (revenue +11.8% year-over-year).
- 2020: Revenue of $18K, expenses of $33K, and assets of $809K (revenue -63.6% year-over-year).
- 2019: Revenue of $48K, expenses of $85K, and assets of $616K (revenue -71.3% year-over-year).
- 2018: Revenue of $168K, expenses of $121K, and assets of $779K (revenue +313.8% year-over-year).
- 2017: Revenue of $41K, expenses of $181K, and assets of $428K (revenue -68.5% year-over-year).
- 2016: Revenue of $129K, expenses of $195K, and assets of $471K (revenue -29.6% year-over-year).
- 2015: Revenue of $183K, expenses of $167K, and assets of $445K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Community Vision Inc:
Data Sources and Methodology
This transparency report for Community Vision 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.