Visions Services For The Blind And Visually Impaired
Visions Services For The Blind And Visually Impaired maintains substantial assets and reports zero officer compensation despite recent revenue fluctuations.
EIN: 131624210 · New York, NY · NTEE: P860 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $51.1M |
| Total Expenses | $14.0M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $118M |
| Net Assets | $117.4M |
| Transparency Score | 92/100 |
Is Visions Services For The Blind And Visually Impaired Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Visions Services For The Blind And Visually Impaired directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Visions Services For The Blind And Visually Impaired
Visions Services For The Blind And Visually Impaired (EIN: 131624210) is a nonprofit organization based in New York, NY, classified under NTEE code P860. The organization reported total revenue of $51.1M and total assets of $142.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Visions Services For The Blind And Visually Impaired's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Visions Services For The Blind And Visually Impaired is a major nonprofit that has been operating for 70 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $11.1M |
| Total Expenses | $14.0M |
| Surplus / Deficit | $-2,971,128 |
| Total Assets | $118.3M |
| Total Liabilities | $954K |
| Net Assets | $117.4M |
| Operating Margin | -26.9% |
| Debt-to-Asset Ratio | 0.8% |
| Months of Reserves | 101.2 months |
Financial Health Grade: B
In 2023, Visions Services For The Blind And Visually Impaired reported a deficit of $3.0M with expenses exceeding revenue, holds 101.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Visions Services For The Blind And Visually Impaired's revenue has grown at a compound annual growth rate (CAGR) of 1.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -33.2% | +9.2% | +7.9% |
| 2022 | +15.5% | +9.6% | -17.0% |
| 2021 | -3.4% | +7.1% | +14.6% |
| 2020 | +49.7% | -0.4% | +7.3% |
| 2019 | -34.5% | +3.1% | +3.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1956 |
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 Visions Services For The Blind And Visually Impaired with a Mission Score of 92 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, Visions Services For The Blind And Visually Impaired 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $3.0M, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.8%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filing periods, indicating that no salaries are paid to officers, which is highly unusual for an organization of this size and asset base ($118M+).
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 Visions Services For The Blind And Visually Impaired's IRS 990 filings:
- Expenses exceeded revenue in the latest reported period (202309), indicating a deficit for that year.
Strengths
The following positive indicators were identified for Visions Services For The Blind And Visually Impaired:
- Consistently reports 0% officer compensation, indicating high transparency and dedication of funds to mission.
- Maintains substantial and growing assets, reaching $118,339,113 in 202309.
- Consistently low liabilities relative to assets, indicating strong financial health.
- Long history of IRS 990 filings (13 filings), suggesting consistent compliance and transparency.
Frequently Asked Questions about Visions Services For The Blind And Visually Impaired
Is Visions Services For The Blind And Visually Impaired a legitimate charity?
Based on AI analysis of IRS 990 filings, Visions Services For The Blind And Visually Impaired (EIN: 131624210) some concerns. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
How does Visions Services For The Blind And Visually Impaired spend its money?
Visions Services For The Blind And Visually Impaired directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Visions Services For The Blind And Visually Impaired tax-deductible?
Visions Services For The Blind And Visually Impaired is registered as a tax-exempt nonprofit (EIN: 131624210). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Visions Services For The Blind And Visually Impaired CEO make?
Visions Services For The Blind And Visually Impaired's highest-compensated officer earns $118M annually. The organization reported $51.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Visions Services For The Blind And Visually Impaired's spending goes to programs?
Visions Services For The Blind And Visually Impaired directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Visions Services For The Blind And Visually Impaired compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Visions Services For The Blind And Visually Impaired is above average for NTEE category P860 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Visions Services For The Blind And Visually Impaired located?
Visions Services For The Blind And Visually Impaired is headquartered in New York, New York and files with the IRS under EIN 131624210. It is classified under NTEE code P860.
How many years of IRS 990 filings does Visions Services For The Blind And Visually Impaired have?
Visions Services For The Blind And Visually Impaired 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 $51.1M in total revenue.
Is Visions Services For The Blind And Visually Impaired financially stable?
Yes, the organization appears financially stable, possessing substantial assets of $118,339,113 in 202309 and consistently low liabilities, such as $954,267 in the same period.
How does Visions Services For The Blind And Visually Impaired manage executive compensation?
Visions Services For The Blind And Visually Impaired reports 0% officer compensation in all available IRS 990 filings, indicating no salaries are paid to its officers.
Did the organization experience a deficit in its latest reported period?
Yes, in the 202309 period, the organization reported expenses of $14,033,350 against revenues of $11,062,222, resulting in a deficit for that year.
What is the trend in the organization's assets?
The organization's assets have shown consistent growth over the years, from $84,796,048 in 201509 to $118,339,113 in 202309, demonstrating long-term financial growth.
Filing History
IRS 990 filing history for Visions Services For The Blind And Visually Impaired showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Visions Services For The Blind And Visually Impaired's revenue has grown by 15.6%, moving from $9.6M to $11.1M. Total assets increased by 75.9% over the same period, from $67.3M to $118.3M. Total functional expenses rose by 126.7%, from $6.2M to $14.0M. In its most recent filing year (2023), Visions Services For The Blind And Visually Impaired reported a deficit of $3.0M, with expenses exceeding revenue. The organization holds $954K in liabilities against $118.3M in assets (debt-to-asset ratio: 0.8%), resulting in net assets of $117.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $11.1M | $14.0M | $118.3M | $954K | — | — |
| 2022 | $16.6M | $12.8M | $109.7M | $929K | — | View 990 |
| 2021 | $14.3M | $11.7M | $132.2M | $538K | — | — |
| 2020 | $14.8M | $10.9M | $115.4M | $736K | — | View 990 |
| 2019 | $9.9M | $11.0M | $107.5M | $792K | — | View 990 |
| 2018 | $15.1M | $10.7M | $104.3M | $745K | — | View 990 |
| 2017 | $15.5M | $9.1M | $97.7M | $788K | — | View 990 |
| 2016 | $9.9M | $8.4M | $88.8M | $541K | — | View 990 |
| 2015 | $10.5M | $8.0M | $84.8M | $477K | — | View 990 |
| 2014 | $11.5M | $7.4M | $89.3M | $440K | — | View 990 |
| 2013 | $9.3M | $6.7M | $82.4M | $408K | — | View 990 |
| 2012 | $7.4M | $6.4M | $76.2M | $411K | — | View 990 |
| 2011 | $9.6M | $6.2M | $67.3M | $290K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $11.1M, expenses of $14.0M, and assets of $118.3M (revenue -33.2% year-over-year).
- 2022: Revenue of $16.6M, expenses of $12.8M, and assets of $109.7M (revenue +15.5% year-over-year).
- 2021: Revenue of $14.3M, expenses of $11.7M, and assets of $132.2M (revenue -3.4% year-over-year).
- 2020: Revenue of $14.8M, expenses of $10.9M, and assets of $115.4M (revenue +49.7% year-over-year).
- 2019: Revenue of $9.9M, expenses of $11.0M, and assets of $107.5M (revenue -34.5% year-over-year).
- 2018: Revenue of $15.1M, expenses of $10.7M, and assets of $104.3M (revenue -2.5% year-over-year).
- 2017: Revenue of $15.5M, expenses of $9.1M, and assets of $97.7M (revenue +57.2% year-over-year).
- 2016: Revenue of $9.9M, expenses of $8.4M, and assets of $88.8M (revenue -5.9% year-over-year).
- 2015: Revenue of $10.5M, expenses of $8.0M, and assets of $84.8M (revenue -8.9% year-over-year).
- 2014: Revenue of $11.5M, expenses of $7.4M, and assets of $89.3M (revenue +23.7% year-over-year).
- 2013: Revenue of $9.3M, expenses of $6.7M, and assets of $82.4M (revenue +25.1% year-over-year).
- 2012: Revenue of $7.4M, expenses of $6.4M, and assets of $76.2M (revenue -22.2% year-over-year).
- 2011: Revenue of $9.6M, expenses of $6.2M, and assets of $67.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Visions Services For The Blind And Visually Impaired:
Data Sources and Methodology
This transparency report for Visions Services For The Blind And Visually Impaired 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.