Vision Institute Of South Carolina Inc
- Assets
- $407.9k
- Revenue
- $630.0k
- Investments
- $0.0
- Employees
- 12
- Location
- Irmo, SC
- Founding
- 01/2011
- Data as of
- 12/2022
- EIN
- 27-2918119
Organization Overview
Vision Institute Of South Carolina Inc is located in Irmo, SC. The organization was established in 2011. According to its NTEE Classification (P86) the organization is classified as: Blind & Visually Impaired Centers, under the broad grouping of Human Services and related organizations. As of 12/2022, Vision Institute Of South Carolina Inc employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vision Institute Of South Carolina Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Vision Institute Of South Carolina Inc generated $630.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $611.7k during the year ending 12/2022. While expenses have increased by 1.4% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE VISION INSTITUTE OF SOUTH CAROLINA, INC. WAS FOUNDED TO PROVIDE SPECIALIZED, EXEMPLARY SERVICES TO PROMOTE ACHIEVEMENT AND INDEPENDENCE FOR PEOPLE WHO ARE VISUALLY IMPAIRED OR BLIND.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TVI ASSISTS INDIVIDUALS OF ALL AGES WITH LOW VISION, BLINDNESS AND DEAF-BLINDNESS. TEACHING STAFF INCLUDES THOSE CERTIFIED IN EARLY CHILDHOOD EDUCATION, READING, VISUAL IMPAIRMENTS, ORIENTATION AND MOBILITY (O&M), SPECIAL EDUCATION AND REHABILITATION. OUR INSTRUCTORS FOR THE VISUALLY IMPAIRED TEACH STUDENTS WITH VISUAL DISABILITIES IN THE STUDENTS' SCHOOL DISTRICTS AND LOCAL COMMUNITIES. TVI'S O&M SPECIALISTS TRAIN INDIVIDUALS TO TRAVEL SAFELY AND CONFIDENTLY IN THE COMMUNITY. BRAILLE TRANSCRIBERS CONVERT PRINTED TEXT TO BRAILLE FOR SCHOOLS, BUSINESSES AND COMMUNITY EVENTS. OTHER STAFF MEMBERS TRAIN CONSUMERS TO USE TECHNOLOGY TO GAIN ACCESS TO THE PRINTED WORLD AS WELL AS PROVIDE SUPPORT FOR INDEPENDENT LIVING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeanie Farmer Executive Director | Officer | 40 | $66,826 |
Suzanne Swaffield President & CEO | Officer | 3 | $0 |
Kari Arnold Vice President | Officer | 3 | $0 |
Carol J Mabry Board Member | Trustee | 3 | $0 |
Elizabeth Mckown Board Member | Trustee | 3 | $0 |
Nancy L Buchanan Board Member | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $606,796 |
| All other contributions, gifts, grants, and similar amounts not included above | $9,247 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $616,043 |
| Total Program Service Revenue | $12,550 |
| Investment income | $1,429 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $630,022 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $66,826 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $389,076 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $13,393 |
| Payroll taxes | $36,798 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,484 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,320 |
| Advertising and promotion | $4,146 |
| Office expenses | $29,903 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $18,724 |
| Travel | $29,664 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,272 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,214 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $611,746 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $91,354 |
| Savings and temporary cash investments | $283,275 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $22,287 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $9,265 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,741 |
| Total assets | $407,922 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $7,585 |
| Total liabilities | $7,585 |
| Net assets without donor restrictions | $400,337 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $407,922 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Vision Institute Of South Carolina Inc has recieved totaling $126.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $126 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
L C Ind Inc Durham, NC | $208,188,082 | $66,526,381 |
Paws4people Inc Wilmington, NC | $15,578,958 | $1,702,258 |
Center For The Visually Impaired Inc Atlanta, GA | $5,636,216 | $2,874,308 |
L C Industries Foundation Durham, NC | $70,225,807 | $7,494,768 |
National Society To Prevent Blindness Raleigh, NC | $4,515,037 | $1,534,754 |
North Carolina Lions Incorporated Sherrills Ford, NC | $6,692,938 | $2,448,979 |
Canines For Service Inc Wilmington, NC | $1,312,732 | $749,548 |
Vision Institute Of South Carolina Inc Irmo, SC | $407,922 | $630,022 |
Boston Center For Blind Children Southern Pines, NC | $4,489,838 | $97,840 |
Greenville Lions Club Activities Fund Taylors, SC | $4,890 | $0 |
Vision 4 Moore Aberdeen, NC | $13,104 | $0 |
Leoto Inc Stone Mountain, GA | $5,654 | $0 |