Future Vision Foundation
EIN: 853451988 · Dover, DE · NTEE: I20
| Metric | Value |
|---|---|
| Total Revenue | $310K |
| Net Assets | $625K |
Is Future Vision Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Future Vision Foundation
Future Vision Foundation (EIN: 853451988) is a nonprofit organization based in Dover, DE, classified under NTEE code I20. The organization reported total revenue of $310K and total assets of $625K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Future Vision Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Future Vision Foundation is a small nonprofit that has been operating for 5 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 72.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $310K |
| Total Expenses | $0 |
| Surplus / Deficit | +$310K |
| Total Assets | $625K |
| Net Assets | $625K |
| Operating Margin | 100.0% |
Financial Health Grade: A
In 2023, Future Vision Foundation reported a surplus of $310K with revenue exceeding expenses.
Financial Trends
Over 4 years of filings (2020–2023), Future Vision Foundation's revenue has grown at a compound annual growth rate (CAGR) of 72.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +55.0% | — | +98.6% |
| 2022 | +91.2% | -100.0% | +174.6% |
| 2021 | +74.3% | +111011.1% | +91.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1238 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Future Vision Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Future Vision Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
Frequently Asked Questions about Future Vision Foundation
Is Future Vision Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Future Vision Foundation (EIN: 853451988) insufficient data. 0 red flags identified, 0 strengths noted.
How does Future Vision Foundation spend its money?
Detailed spending breakdown data is not yet available for Future Vision Foundation. Check back for updated IRS 990 analysis.
Are donations to Future Vision Foundation tax-deductible?
Future Vision Foundation is registered as a tax-exempt nonprofit (EIN: 853451988). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Future Vision Foundation located?
Future Vision Foundation is headquartered in Dover, Delaware and files with the IRS under EIN 853451988. It is classified under NTEE code I20.
How many years of IRS 990 filings does Future Vision Foundation have?
Future Vision Foundation has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $310K in total revenue.
Filing History
IRS 990 filing history for Future Vision Foundation showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Future Vision Foundation's revenue has grown by 416.7%, moving from $60K to $310K. Total assets increased by 941.7% over the same period, from $60K to $625K. Total functional expenses fell by 100%, from $45 to $0.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $310K | $0 | $625K | $0 | — | View 990 |
| 2022 | $200K | $0 | $315K | $0 | — | View 990 |
| 2021 | $105K | $50K | $115K | $0 | — | View 990 |
| 2020 | $60K | $45 | $60K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $310K, expenses of $0, and assets of $625K (revenue +55.0% year-over-year).
- 2022: Revenue of $200K, expenses of $0, and assets of $315K (revenue +91.2% year-over-year).
- 2021: Revenue of $105K, expenses of $50K, and assets of $115K (revenue +74.3% year-over-year).
- 2020: Revenue of $60K, expenses of $45, and assets of $60K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Future Vision Foundation:
Data Sources and Methodology
This transparency report for Future Vision Foundation 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.