Southern Vision Alliance
EIN: 611639641 · Durham, NC · NTEE: W99
| Metric | Value |
|---|---|
| Total Revenue | $28.4M |
| Total Expenses | $6.6M |
| Net Assets | $11.5M |
Is Southern Vision Alliance Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Southern Vision Alliance
Southern Vision Alliance (EIN: 611639641) is a nonprofit organization based in Durham, NC, classified under NTEE code W99. The organization reported total revenue of $28.4M and total assets of $12.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Southern Vision Alliance's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Southern Vision Alliance is a large nonprofit that has been operating for 13 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 51.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $11.3M |
| Total Expenses | $6.6M |
| Surplus / Deficit | +$4.7M |
| Total Assets | $12.4M |
| Total Liabilities | $947K |
| Net Assets | $11.5M |
| Operating Margin | 41.4% |
| Debt-to-Asset Ratio | 7.6% |
| Months of Reserves | 22.5 months |
Financial Health Grade: A
In 2023, Southern Vision Alliance reported a surplus of $4.7M with revenue exceeding expenses, holds 22.5 months of operating reserves (strong position), has a debt-to-asset ratio of 7.6% (very low leverage).
Financial Trends
Over 10 years of filings (2014–2023), Southern Vision Alliance's revenue has grown at a compound annual growth rate (CAGR) of 51.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +83.7% | +75.9% | +67.9% |
| 2022 | +53.6% | +20.1% | +40.3% |
| 2021 | -11.4% | +22.8% | +47.9% |
| 2020 | +100.2% | +34.9% | +127.2% |
| 2019 | +22.0% | +23.7% | +30.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Southern Vision Alliance 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 Southern Vision Alliance 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:
- The organization reported a surplus of $4.7M, with revenue exceeding expenses.
- Debt-to-asset ratio: 7.6%.
Frequently Asked Questions about Southern Vision Alliance
Is Southern Vision Alliance a legitimate charity?
Southern Vision Alliance (EIN: 611639641) is a registered tax-exempt nonprofit based in North Carolina. It has 10 years of IRS 990 filings on record. Total revenue: $28.4M. No red flags identified. Financial health grade: A.
How does Southern Vision Alliance spend its money?
Southern Vision Alliance reported $28.4M in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Southern Vision Alliance tax-deductible?
Southern Vision Alliance is registered as a tax-exempt nonprofit (EIN: 611639641). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Southern Vision Alliance located?
Southern Vision Alliance is headquartered in Durham, North Carolina and files with the IRS under EIN 611639641. It is classified under NTEE code W99.
How many years of IRS 990 filings does Southern Vision Alliance have?
Southern Vision Alliance has 10 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 $28.4M in total revenue.
Filing History
IRS 990 filing history for Southern Vision Alliance showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Southern Vision Alliance's revenue has grown by 4004.1%, moving from $275K to $11.3M. Total assets increased by 7368% over the same period, from $166K to $12.4M. Total functional expenses rose by 5870.7%, from $111K to $6.6M. In its most recent filing year (2023), Southern Vision Alliance reported a surplus of $4.7M, with revenue exceeding expenses. The organization holds $947K in liabilities against $12.4M in assets (debt-to-asset ratio: 7.6%), resulting in net assets of $11.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $11.3M | $6.6M | $12.4M | $947K | — | — |
| 2022 | $6.2M | $3.8M | $7.4M | $599K | — | — |
| 2021 | $4.0M | $3.1M | $5.3M | $862K | — | View 990 |
| 2020 | $4.5M | $2.6M | $3.6M | $24K | — | — |
| 2019 | $2.3M | $1.9M | $1.6M | $9K | — | View 990 |
| 2018 | $1.9M | $1.5M | $1.2M | $10K | — | View 990 |
| 2017 | $1.1M | $877K | $891K | $13K | — | View 990 |
| 2016 | $1.0M | $579K | $632K | $15K | — | View 990 |
| 2015 | $349K | $321K | $167K | $5K | — | View 990 |
| 2014 | $275K | $111K | $166K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $11.3M, expenses of $6.6M, and assets of $12.4M (revenue +83.7% year-over-year).
- 2022: Revenue of $6.2M, expenses of $3.8M, and assets of $7.4M (revenue +53.6% year-over-year).
- 2021: Revenue of $4.0M, expenses of $3.1M, and assets of $5.3M (revenue -11.4% year-over-year).
- 2020: Revenue of $4.5M, expenses of $2.6M, and assets of $3.6M (revenue +100.2% year-over-year).
- 2019: Revenue of $2.3M, expenses of $1.9M, and assets of $1.6M (revenue +22.0% year-over-year).
- 2018: Revenue of $1.9M, expenses of $1.5M, and assets of $1.2M (revenue +62.8% year-over-year).
- 2017: Revenue of $1.1M, expenses of $877K, and assets of $891K (revenue +10.1% year-over-year).
- 2016: Revenue of $1.0M, expenses of $579K, and assets of $632K (revenue +196.5% year-over-year).
- 2015: Revenue of $349K, expenses of $321K, and assets of $167K (revenue +26.6% year-over-year).
- 2014: Revenue of $275K, expenses of $111K, and assets of $166K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Southern Vision Alliance:
Data Sources and Methodology
This transparency report for Southern Vision Alliance 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.