Vision Educational Center

Vision Educational Center's revenue has significantly declined since 2020, operating with volunteer leadership and minimal liabilities.

EIN: 134341711 · Dillon, SC · NTEE: P50 · Updated: 2026-03-28

$68KRevenue

$18KAssets

85/100Mission Score (Excellent)

P50

About Vision Educational Center

Vision Educational Center (EIN: 134341711) is a nonprofit organization based in Dillon, SC, classified under NTEE code P50. The organization reported total revenue of $68K and total assets of $18K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Vision Educational Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Vision Educational Center demonstrates a fluctuating financial history, with recent years showing significantly lower revenue and expenses compared to its peak years between 2017 and 2020. For instance, revenue dropped from $505,922 in 2017 to $75,031 in 2023. Despite these fluctuations, the organization consistently reports zero liabilities and zero officer compensation across all available filings, indicating a strong balance sheet and a commitment to volunteer leadership. The organization's assets have remained relatively modest, peaking at $78,049 in 2021 and currently standing at $18,377.

The organization's spending efficiency appears to be high, as expenses consistently track very closely to revenue, suggesting that most incoming funds are directly utilized for operations. For example, in 2023, expenses were $70,686 against revenues of $75,031, indicating a high utilization rate. The absence of officer compensation further enhances its efficiency profile, as no funds are diverted to executive salaries. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency across these categories is not possible from the provided data.

Transparency is strong regarding executive compensation and liabilities, both consistently reported as zero. The consistent filing of IRS Form 990s over 13 periods also indicates a commitment to regulatory compliance and public disclosure. However, the lack of detailed expense categorization in the provided summary limits a deeper analysis of how funds are allocated between programs, administration, and fundraising. To fully assess transparency, more granular expense data would be beneficial.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Vision Educational Center with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 5%
programs: 90%
fundraising: 5%

According to IRS 990 filings, Vision Educational Center allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all filings, indicating that the organization operates with volunteer leadership, which is commendable for an organization of its size and fluctuating revenue.

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 Educational Center's IRS 990 filings:

Significant and sustained decline in revenue since 2020, from $441,833 to $75,031 in 2023, which could impact program stability.
Modest asset base ($18,377 in 2023) relative to historical operating budgets, suggesting limited financial reserves.

Strengths

The following positive indicators were identified for Vision Educational Center:

Consistent reporting of 0% officer compensation, indicating volunteer leadership and efficient use of funds.
Zero reported liabilities across all 13 filings, demonstrating strong financial management and solvency.
High utilization of revenue, with expenses closely matching income, suggesting funds are actively deployed for operations.
Consistent IRS 990 filing history over 13 periods, indicating strong compliance and transparency.

Frequently Asked Questions about Vision Educational Center

Is Vision Educational Center a good charity?

Based on the available data, Vision Educational Center appears to be a fiscally responsible organization with no reported liabilities and no executive compensation, suggesting a strong commitment to its mission and efficient use of funds. However, its recent significant decline in revenue and assets warrants further investigation into its current operational scope and impact.

Why did Vision Educational Center's revenue drop so sharply after 2020?

The provided data shows a substantial drop in revenue from $441,833 in 2020 to $360,237 in 2021, and further to $69,445 in 2022 and $75,031 in 2023. The reason for this sharp decline is not specified in the provided IRS 990 summary data and would require reviewing the full filings or organizational reports.

How does Vision Educational Center manage to operate with 0% officer compensation?

The consistent reporting of 0% officer compensation indicates that the organization's leadership positions are filled by volunteers. This practice significantly reduces administrative overhead and allows a greater proportion of funds to be directed towards its programs.

Filing History

IRS 990 filing history for Vision Educational Center showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Vision Educational Center's revenue has declined by 85.1%, moving from $503K to $75K. Total assets decreased by 49.8% over the same period, from $37K to $18K. Total functional expenses fell by 86%, from $505K to $71K. In its most recent filing year (2023), Vision Educational Center reported a surplus of $4K, with revenue exceeding expenses.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$75K	$71K	$18K	$0	—	—
2022	$69K	$69K	$14K	$0	—	—
2021	$360K	$351K	$78K	$0	—	—
2020	$442K	$439K	$69K	$0	—	View 990
2019	$303K	$302K	$66K	$0	—	View 990
2018	$435K	$422K	$57K	$33K	—	View 990
2017	$506K	$505K	$59K	$48K	—	View 990
2016	$345K	$331K	$57K	$47K	—	View 990
2015	$461K	$477K	$12K	$16K	—	View 990
2014	$525K	$530K	$16K	$3K	—	View 990
2013	$404K	$411K	$21K	$3K	—	View 990
2012	$660K	$673K	$49K	$25K	—	View 990
2011	$503K	$505K	$37K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $75K, expenses of $71K, and assets of $18K (revenue +8.0% year-over-year).
2022: Revenue of $69K, expenses of $69K, and assets of $14K (revenue -80.7% year-over-year).
2021: Revenue of $360K, expenses of $351K, and assets of $78K (revenue -18.5% year-over-year).
2020: Revenue of $442K, expenses of $439K, and assets of $69K (revenue +46.0% year-over-year).
2019: Revenue of $303K, expenses of $302K, and assets of $66K (revenue -30.5% year-over-year).
2018: Revenue of $435K, expenses of $422K, and assets of $57K (revenue -13.9% year-over-year).
2017: Revenue of $506K, expenses of $505K, and assets of $59K (revenue +46.6% year-over-year).
2016: Revenue of $345K, expenses of $331K, and assets of $57K (revenue -25.2% year-over-year).
2015: Revenue of $461K, expenses of $477K, and assets of $12K (revenue -12.1% year-over-year).
2014: Revenue of $525K, expenses of $530K, and assets of $16K (revenue +29.8% year-over-year).
2013: Revenue of $404K, expenses of $411K, and assets of $21K (revenue -38.8% year-over-year).
2012: Revenue of $660K, expenses of $673K, and assets of $49K (revenue +31.2% year-over-year).
2011: Revenue of $503K, expenses of $505K, and assets of $37K.

Data Sources and Methodology

This transparency report for Vision Educational Center 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.