Vision 21 Learning Center Inc
Vision 21 Learning Center Inc faces significant revenue decline and operating deficit in 2020.
EIN: 10602578 · Broken Arrow, OK · NTEE: P33 · Updated: 2026-03-27
Is Vision 21 Learning Center Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Vision 21 Learning Center Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Vision 21 Learning Center Inc
Vision 21 Learning Center Inc (EIN: 10602578) is a nonprofit organization based in Broken Arrow, OK, classified under NTEE code P33. The organization reported total revenue of $99K and total assets of $53K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Vision 21 Learning Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Vision 21 Learning Center 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Vision 21 Learning Center Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no salaries were paid to officers, which is highly unusual for an organization of its size and suggests a volunteer-led structure or alternative compensation methods not captured.
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 Vision 21 Learning Center Inc's IRS 990 filings:
- Significant and consistent decline in revenue over recent years, culminating in a sharp drop in 2020.
- Operating deficit in 2020, with expenses ($135,285) exceeding revenue ($98,730).
- Substantial decrease in assets from $346,807 in 2012 to $52,517 in 2020, indicating potential financial instability.
- Lack of detailed expense breakdown in the provided data makes it difficult to fully assess spending efficiency.
Strengths
The following positive indicators were identified for Vision 21 Learning Center Inc:
- Consistent reporting of 0% officer compensation, indicating resources are not being used for executive salaries.
- Long filing history (10 filings) suggests a sustained presence, despite recent financial challenges.
Frequently Asked Questions about Vision 21 Learning Center Inc
Is Vision 21 Learning Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Vision 21 Learning Center Inc (EIN: 10602578) some concerns. Mission Score: 65/100. 4 red flags identified, 2 strengths noted.
How does Vision 21 Learning Center Inc spend its money?
Vision 21 Learning Center Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Vision 21 Learning Center Inc tax-deductible?
Vision 21 Learning Center Inc is registered as a tax-exempt nonprofit (EIN: 10602578). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What caused the drastic revenue decline from $373,746 in 2019 to $98,730 in 2020?
The provided data does not specify the reasons for the sharp decline in revenue, but it is a critical factor impacting the organization's financial stability.
How does Vision 21 Learning Center Inc cover its expenses when revenue is significantly lower, as seen in 2020 where expenses ($135,285) exceeded revenue ($98,730)?
The organization likely drew from its assets or accumulated reserves to cover the deficit, as indicated by the decrease in assets from $90,128 in 2019 to $52,517 in 2020.
Given the 0% officer compensation, how are the organization's leadership and operational roles managed?
This suggests that the organization is primarily run by volunteers or that compensation is provided through non-officer roles, which would require further investigation into their operational structure.
Filing History
IRS 990 filing history for Vision 21 Learning Center Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2020), Vision 21 Learning Center Inc's revenue has declined by 74.9%, moving from $393K to $99K. Total assets decreased by 81.9% over the same period, from $291K to $53K. Total functional expenses fell by 63.9%, from $375K to $135K. In its most recent filing year (2020), Vision 21 Learning Center Inc reported a deficit of $37K, with expenses exceeding revenue. The organization holds $6K in liabilities against $53K in assets (debt-to-asset ratio: 11.5%), resulting in net assets of $46K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2020 | $99K | $135K | $53K | $6K | — | — |
| 2019 | $374K | $370K | $90K | $6K | — | View 990 |
| 2018 | $379K | $342K | $91K | $4K | — | View 990 |
| 2017 | $487K | $433K | $93K | $9K | — | View 990 |
| 2016 | $461K | $460K | $200K | $6K | — | — |
| 2015 | $510K | $474K | $301K | $8K | — | View 990 |
| 2014 | $438K | $449K | $276K | $5K | — | View 990 |
| 2013 | $447K | $468K | $288K | $5K | — | View 990 |
| 2012 | $441K | $395K | $347K | $33K | — | View 990 |
| 2011 | $393K | $375K | $291K | $23K | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $99K, expenses of $135K, and assets of $53K (revenue -73.6% year-over-year).
- 2019: Revenue of $374K, expenses of $370K, and assets of $90K (revenue -1.3% year-over-year).
- 2018: Revenue of $379K, expenses of $342K, and assets of $91K (revenue -22.3% year-over-year).
- 2017: Revenue of $487K, expenses of $433K, and assets of $93K (revenue +5.6% year-over-year).
- 2016: Revenue of $461K, expenses of $460K, and assets of $200K (revenue -9.5% year-over-year).
- 2015: Revenue of $510K, expenses of $474K, and assets of $301K (revenue +16.4% year-over-year).
- 2014: Revenue of $438K, expenses of $449K, and assets of $276K (revenue -2.1% year-over-year).
- 2013: Revenue of $447K, expenses of $468K, and assets of $288K (revenue +1.5% year-over-year).
- 2012: Revenue of $441K, expenses of $395K, and assets of $347K (revenue +12.2% year-over-year).
- 2011: Revenue of $393K, expenses of $375K, and assets of $291K.
Data Sources and Methodology
This transparency report for Vision 21 Learning Center 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.