Eternal Vision Inc

Search Intent Cockpit

Eternal Vision Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals

Eternal Vision Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Eternal Vision Inc in one place.

Is Eternal Vision Inc Legit?

Some Concerns

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

Across stored filings, Eternal Vision Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

Decision Cockpit

One-Stop Donor, Research, and Peer Context Hub

Donation Decision Flow

From Trust Check to Better Alternatives

Alternative Shopping

Similar Nonprofits Donors Should Compare

Browse the full Religion peer market in Wisconsin →

Next Best Actions

Keep the Investigation Moving

Eternal Vision Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.

About Eternal Vision Inc

Eternal Vision Inc (EIN: 204458362) is a nonprofit organization based in Watertown, WI, classified under NTEE code X02. The organization reported total revenue of $524K and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Eternal Vision Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

Eternal Vision Inc is a small nonprofit that has been operating for 18 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -2.1%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Financial Health Grade: B

In 2023, Eternal Vision Inc reported a deficit of $451K with expenses exceeding revenue, holds 17.4 months of operating reserves (strong position), has a debt-to-asset ratio of 1.8% (very low leverage).

Financial Trends

Over 14 years of filings (2010–2023), Eternal Vision Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.1%.

IRS Tax-Exempt Classification

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 Eternal Vision Inc with a Mission Score of 65 out of 100 (Good). 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, Eternal 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 $451K, with expenses exceeding revenue.
• Debt-to-asset ratio: 1.8%.

Executive Compensation Analysis

Eternal Vision Inc. consistently reports 0% officer compensation across all available filings, indicating a strong commitment to minimizing executive overhead and potentially directing more funds towards its 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 Eternal Vision Inc's IRS 990 filings:

• Highly volatile revenue and expense patterns, making financial planning and sustainability uncertain (e.g., 2023 deficit of $450,887).
• Significant year-over-year swings in financial performance, such as revenue dropping from $2,136,029 in 2015 to $163,989 in 2014 (though this appears to be a typo in the provided data, likely 2014 was $163,989 and 2015 was $2,136,029, still a massive swing).

Strengths

The following positive indicators were identified for Eternal Vision Inc:

• Consistent reporting of 0% officer compensation, indicating strong financial transparency and potentially low administrative overhead.
• Maintained a substantial asset base (often over $1 million) despite revenue fluctuations, suggesting good asset management or reserves.
• Relatively low liabilities across most filing periods, indicating responsible debt management.

Frequently Asked Questions about Eternal Vision Inc

Filing History

IRS 990 filing history for Eternal Vision Inc showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2010–2023), Eternal Vision Inc's revenue has declined by 24.4%, moving from $190K to $144K. Total assets decreased by 5.4% over the same period, from $912K to $863K. Total functional expenses rose by 198.2%, from $199K to $595K. In its most recent filing year (2023), Eternal Vision Inc reported a deficit of $451K, with expenses exceeding revenue. The organization holds $16K in liabilities against $863K in assets (debt-to-asset ratio: 1.8%), resulting in net assets of $847K.

Year-by-Year Financial Summary

• 2023: Revenue of $144K, expenses of $595K, and assets of $863K (revenue -77.4% year-over-year).
• 2022: Revenue of $637K, expenses of $330K, and assets of $1.2M (revenue +116.8% year-over-year).
• 2021: Revenue of $294K, expenses of $441K, and assets of $1.1M (revenue -39.7% year-over-year).
• 2020: Revenue of $487K, expenses of $478K, and assets of $1.1M (revenue -37.2% year-over-year).
• 2019: Revenue of $776K, expenses of $1.1M, and assets of $1.0M (revenue -17.2% year-over-year).
• 2018: Revenue of $937K, expenses of $830K, and assets of $1.2M (revenue +80.9% year-over-year).
• 2017: Revenue of $518K, expenses of $909K, and assets of $1.2M (revenue -48.2% year-over-year).
• 2016: Revenue of $1.0M, expenses of $1.1M, and assets of $1.5M (revenue -53.2% year-over-year).
• 2015: Revenue of $2.1M, expenses of $495K, and assets of $1.5M (revenue +1202.5% year-over-year).
• 2014: Revenue of $164K, expenses of $140K, and assets of $843K (revenue +68.4% year-over-year).
• 2013: Revenue of $97K, expenses of $111K, and assets of $784K (revenue -52.1% year-over-year).
• 2012: Revenue of $203K, expenses of $425K, and assets of $719K (revenue +96.6% year-over-year).
• 2011: Revenue of $103K, expenses of $90K, and assets of $912K (revenue -45.7% year-over-year).
• 2010: Revenue of $190K, expenses of $199K, and assets of $912K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Eternal Vision Inc:

Data Sources and Methodology

This transparency report for Eternal 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.