New Vision Community Development
New Vision Community Development faces persistent operating deficits and significant net liabilities.
EIN: 141858545 · Kansas City, MO · NTEE: L22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.0M |
| Total Expenses | $860K |
| Program Spending | 70% |
| Net Assets | $-1,039,949 |
| Transparency Score | 45/100 |
Is New Vision Community Development Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New Vision Community Development directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About New Vision Community Development
New Vision Community Development (EIN: 141858545) is a nonprofit organization based in Kansas City, MO, classified under NTEE code L22. The organization reported total revenue of $1.0M and total assets of $4.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Vision Community Development's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Vision Community Development is a mid-size nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $857K |
| Total Expenses | $860K |
| Surplus / Deficit | $-3,469 |
| Total Assets | $3.7M |
| Total Liabilities | $4.7M |
| Net Assets | $-1,039,949 |
| Operating Margin | -0.4% |
| Debt-to-Asset Ratio | 128.0% |
| Months of Reserves | 51.7 months |
Financial Health Grade: C
In 2023, New Vision Community Development reported a deficit of $3K with expenses exceeding revenue, holds 51.7 months of operating reserves (strong position), has a debt-to-asset ratio of 128.0% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), New Vision Community Development's revenue has grown at a compound annual growth rate (CAGR) of 6.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.5% | +24.1% | -2.9% |
| 2022 | +47.8% | +8.7% | +3.9% |
| 2021 | +4.8% | -1.0% | -0.6% |
| 2020 | -28.7% | -20.9% | -3.8% |
| 2019 | +64.4% | +39.8% | -3.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
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 New Vision Community Development 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, New Vision Community Development 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 $3K, with expenses exceeding revenue.
- Debt-to-asset ratio: 128.0%.
Executive Compensation Analysis
New Vision Community Development consistently reports 0% officer compensation across all available filings, suggesting either a fully volunteer-led executive team or compensation levels below IRS reporting thresholds, which could allow more resources to be directed towards programs.
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 New Vision Community Development's IRS 990 filings:
- Persistent operating deficits (e.g., $3,469 in 2023, $103,833 in 2021)
- Significant negative net asset position (Liabilities $4,749,257 vs. Assets $3,709,308 in 2023)
- Long-term trend of liabilities exceeding assets
- Revenue growth not consistently keeping pace with expense growth
Strengths
The following positive indicators were identified for New Vision Community Development:
- Consistent IRS 990 filing history (13 filings)
- No reported officer compensation, potentially maximizing funds for mission
- Substantial asset base, despite being outweighed by liabilities
Frequently Asked Questions about New Vision Community Development
Is New Vision Community Development a legitimate charity?
Based on AI analysis of IRS 990 filings, New Vision Community Development (EIN: 141858545) significant concerns. Mission Score: 45/100. 4 red flags identified, 3 strengths noted.
How does New Vision Community Development spend its money?
New Vision Community Development directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to New Vision Community Development tax-deductible?
New Vision Community Development is registered as a tax-exempt nonprofit (EIN: 141858545). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of New Vision Community Development's spending goes to programs?
New Vision Community Development directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does New Vision Community Development compare to similar nonprofits?
With a transparency score of 45/100 (Fair), New Vision Community Development is near average for NTEE category L22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is New Vision Community Development located?
New Vision Community Development is headquartered in Kansas City, Missouri and files with the IRS under EIN 141858545. It is classified under NTEE code L22.
How many years of IRS 990 filings does New Vision Community Development have?
New Vision Community Development has 13 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 $1.0M in total revenue.
Is New Vision Community Development financially sustainable?
The organization has consistently reported expenses exceeding revenue in most years, including a $3,469 deficit in 2023 and a $103,833 deficit in 2021. This long-term trend of operating deficits, coupled with liabilities significantly exceeding assets ($4,749,257 vs. $3,709,308 in 2023), raises serious concerns about its financial sustainability.
What is the cause of the large liabilities?
The provided data indicates liabilities consistently exceeding assets, reaching $4,749,257 in 2023 against $3,709,308 in assets. Without access to the full IRS 990, the specific nature of these liabilities (e.g., mortgages, program-related investments, or other debt) cannot be determined, but their magnitude is a significant financial concern.
How does the organization fund its operations given the deficits?
While the organization frequently reports operating deficits, its assets have remained relatively stable over time, albeit with a slight decline from $4,484,385 in 2014 to $3,709,308 in 2023. The consistent deficits suggest that the organization may be drawing down reserves, relying on non-operating income, or increasing its liabilities to cover expenses, though the exact mechanism is not clear from the summary data.
Filing History
IRS 990 filing history for New Vision Community Development showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), New Vision Community Development's revenue has grown by 120.2%, moving from $389K to $857K. Total assets decreased by 22.6% over the same period, from $4.8M to $3.7M. Total functional expenses rose by 89.7%, from $454K to $860K. In its most recent filing year (2023), New Vision Community Development reported a deficit of $3K, with expenses exceeding revenue. The organization holds $4.7M in liabilities against $3.7M in assets (debt-to-asset ratio: 128.0%), resulting in net assets of $-1,039,949.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $857K | $860K | $3.7M | $4.7M | — | — |
| 2022 | $789K | $693K | $3.8M | $4.9M | — | View 990 |
| 2021 | $534K | $638K | $3.7M | $4.8M | — | View 990 |
| 2020 | $510K | $644K | $3.7M | $4.7M | — | View 990 |
| 2019 | $715K | $814K | $3.8M | $4.7M | — | View 990 |
| 2018 | $435K | $583K | $4.0M | $4.8M | — | View 990 |
| 2017 | $431K | $544K | $4.1M | $4.8M | — | View 990 |
| 2016 | $410K | $568K | $4.2M | $4.8M | — | View 990 |
| 2015 | $406K | $554K | $4.4M | $4.8M | — | View 990 |
| 2014 | $392K | $491K | $4.5M | $4.7M | — | View 990 |
| 2013 | $396K | $515K | $4.6M | $4.7M | — | View 990 |
| 2012 | $390K | $472K | $4.7M | $4.7M | — | View 990 |
| 2011 | $389K | $454K | $4.8M | $4.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $857K, expenses of $860K, and assets of $3.7M (revenue +8.5% year-over-year).
- 2022: Revenue of $789K, expenses of $693K, and assets of $3.8M (revenue +47.8% year-over-year).
- 2021: Revenue of $534K, expenses of $638K, and assets of $3.7M (revenue +4.8% year-over-year).
- 2020: Revenue of $510K, expenses of $644K, and assets of $3.7M (revenue -28.7% year-over-year).
- 2019: Revenue of $715K, expenses of $814K, and assets of $3.8M (revenue +64.4% year-over-year).
- 2018: Revenue of $435K, expenses of $583K, and assets of $4.0M (revenue +0.9% year-over-year).
- 2017: Revenue of $431K, expenses of $544K, and assets of $4.1M (revenue +5.1% year-over-year).
- 2016: Revenue of $410K, expenses of $568K, and assets of $4.2M (revenue +1.0% year-over-year).
- 2015: Revenue of $406K, expenses of $554K, and assets of $4.4M (revenue +3.6% year-over-year).
- 2014: Revenue of $392K, expenses of $491K, and assets of $4.5M (revenue -1.2% year-over-year).
- 2013: Revenue of $396K, expenses of $515K, and assets of $4.6M (revenue +1.7% year-over-year).
- 2012: Revenue of $390K, expenses of $472K, and assets of $4.7M (revenue +0.1% year-over-year).
- 2011: Revenue of $389K, expenses of $454K, and assets of $4.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Vision Community Development:
Data Sources and Methodology
This transparency report for New Vision Community Development 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.