Vision Atlantic Inc
EIN: 920683551 · Atlantic, IA · NTEE: L20
| Metric | Value |
|---|---|
| Total Revenue | $9.9M |
| Total Expenses | $17K |
| Net Assets | $2.0M |
Is Vision Atlantic Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Vision Atlantic Inc
Vision Atlantic Inc (EIN: 920683551) is a nonprofit organization based in Atlantic, IA, classified under NTEE code L20. The organization reported total revenue of $9.9M and total assets of $11.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Vision Atlantic Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Vision Atlantic Inc is a mid-size nonprofit that has been operating for 3 years, with 2 years of IRS 990 filings on record (2022–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.1M |
| Total Expenses | $17K |
| Surplus / Deficit | +$2.0M |
| Total Assets | $2.0M |
| Net Assets | $2.0M |
| Operating Margin | 99.2% |
| Months of Reserves | 1400.1 months |
Financial Health Grade: A
In 2023, Vision Atlantic Inc reported a surplus of $2.0M with revenue exceeding expenses, holds 1400.1 months of operating reserves (strong position).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2023 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Vision Atlantic Inc 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 Vision Atlantic Inc 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 $2.0M, with revenue exceeding expenses.
Frequently Asked Questions about Vision Atlantic Inc
Is Vision Atlantic Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Vision Atlantic Inc (EIN: 920683551) insufficient data. 0 red flags identified, 0 strengths noted.
How does Vision Atlantic Inc spend its money?
Detailed spending breakdown data is not yet available for Vision Atlantic Inc. Check back for updated IRS 990 analysis.
Are donations to Vision Atlantic Inc tax-deductible?
Vision Atlantic Inc is registered as a tax-exempt nonprofit (EIN: 920683551). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Vision Atlantic Inc located?
Vision Atlantic Inc is headquartered in Atlantic, Iowa and files with the IRS under EIN 920683551. It is classified under NTEE code L20.
How many years of IRS 990 filings does Vision Atlantic Inc have?
Vision Atlantic Inc has 2 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 $9.9M in total revenue.
Filing History
IRS 990 filing history for Vision Atlantic Inc showing financial trends over 2 years of public records:
Total assets increased by 203319300% over the same period, from $1 to $2.0M. In its most recent filing year (2023), Vision Atlantic Inc reported a surplus of $2.0M, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.1M | $17K | $2.0M | $0 | — | — |
| 2022 | $0 | $0 | $1 | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Vision Atlantic Inc:
Data Sources and Methodology
This transparency report for Vision Atlantic 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.