New Vision Inc
- Assets
- $216.3k
- Revenue
- $992.8k
- Investments
- $0.0
- Employees
- 20
- Location
- Nashville, TN
- Founding
- 07/2001
- Data as of
- 06/2021
- EIN
- 62-1853857
Organization Overview
New Vision Inc is located in Nashville, TN. The organization was established in 2001. According to its NTEE Classification (I21) the organization is classified as: Youth Violence Prevention, under the broad grouping of Crime & Legal-Related and related organizations. As of 06/2021, New Vision Inc employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Vision 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 06/2021, New Vision Inc generated $992.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (15.8%) each year. All expenses for the organization totaled $1.3m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (11.8%) per year over the past 6 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION FOR NEW VISION INCORPORATED IS TO EDUCATE AND EMPOWER THROUGH A CONTINUUM OF SERVICES THAT STRENGTHEN THE LIVES OF FAMILIES. OUR BELIEF IS THAT THERE ARE NO LIMITS NO BOUNDARIES TO INFLUENCING THE LIVES OF CHILDREN AND FAMILIES. PROFESSIONAL STAFF AND TRAINED VOLUNTEERS WORK TO ACCOMPLISH THE MISSION OF NEW VISION INCORPORATED BY PROVIDING IN-HOME THERAPEUTIC SERVICES CASE MANAGEMENT SERVICES TRAINING SERVICES ASSESSMENT SERVICES EDUCATIONAL SERVICES SUPPORTIVE SERVICES LIFE SKILLS AND THERAPEUTIC MENTORING PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MID-CUMBERLAND REGION TO CARE FOR RELATED CHILDREN WHO CANNOT LIVE WITH THEIR PARENTS BUT ARE NOT IN STATE CUSTODY. RCP FAMILIES RECEIVE SUPPORTIVE SERVICES SUCH AS INFORMATION AND REFERRAL CHILDREN AND ADULT SUPPORT GROUPS ENRICHMENT ACTIVITIES EDUCATIONAL WORKSHOPS CASE MANAGEMENT AND EMERGENCY START UP FINANCIAL ASSISTANCE. RCP IS FUNDED UNDER AN AGREEMENT WITH THE DEPT. OF CHILDREN SERVICES.
THE NEW VISION INC. HOME STUDY PROGRAM PROVIDES ASSESSMENTS OF POTENTIAL FOSTER AND ADOPTIVE HOMES FOR THE TENNESSEE DEPARTMENT OF CHILDREN'S SERVICES. THE HOME STUDY PROGRAM SERVES DAVIDSON COUNTY AND THE MID- CUMBERLAND REGION COUNTIES. THE HOME STUDY PROGRAM SERVES A DIVERSE POPULATION IN RESPECT TO THE FAMILIES AND CHILDREN. THE HOME STUDY PROGRAM STAFF CONTINUES TO GROW AS IT CURRENTLY UTILIZES AN AVERAGE OF TEN TO FIFTEEN CONTRACT HOME STUDY WRITERS TWO REVIEW SPECIALISTS TWO FULL TIME HOME STUDY WRITERS AND TWO PROGRAM COORDINATORS. THE CONTINUAL GROWTH OF THE PROGRAM NECESSITATES HIRING CONTRACT STAFF ON A CONTINUUM AS WE SERVE THE ABOVE COUNTIES REGIONS WHOSE NUMBERS ALSO FLUCTUATE.
THE NURTURING PARENTING PROGRAM FOCUSES ON OFFERING SECONDARY PREVENTION SERVICES TARGETING FAMILIES AND INDIVIDUALS WHO ARE AT A HIGHER RISK OF DEVELOPING PROBLEMS THAT CAN LEAD TO CHILD ABUSE OR NEGLECT. IT IS THE INTENT OF THE PROGRAM AND ITS ACTIVITIES TO PROVIDE EDUCATION THAT WILL HELP FAMILIES AND INDIVIDUALS AVOID BEHAVIORS AND ACTIONS THAT COULD RESULT IN THE ABUSE OF A CHILD. BY IMPLEMENTING PROGRAM ACTIVITIES FOCUSED ON STRENGTHENING PARENTING SKILLS THE NURTURING PARENTING PROGRAM ENABLES CLIENTS TO DEVELOP HEALTHIER PARENTING PRACTICES THAT WILL RESULT IN STRENGTHENING FAMILIES AND LOWERING THE RATES OF CHILD ABUSE AND NEGLECT. BY OPTING TO LIMIT PRIMARY PREVENTION SERVICES THE NURTURING PARENTING PROGRAM IS ALLOWING ITSELF THE OPPORTUNITY TO DIRECTLY DELIVER SERVICES TO THE FAMILIES WHO NEED IT THE MOST AND NOT A GENERAL POPULATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Timothy Malone President | Trustee | 70 | $102,092 |
Lakesha Malone Director Of Programs | Trustee | 60 | $101,951 |
Eric Jackson Treasurer | Officer | 1 | $0 |
Seth Martin Board Member | Officer | 1 | $0 |
Larry Glover Chairperson | Officer | 1 | $0 |
Keith Jordan Board Member | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $970,183 |
| Investment income | $0 |
| 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 | $992,754 |
| 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. | $889,113 |
| Compensation of current officers, directors, key employees. | $889,113 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $24,482 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $24,716 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $133,548 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $58,844 |
| Conferences, conventions, and meetings | $0 |
| Interest | $845 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $37,562 |
| All other expenses | $0 |
| Total functional expenses | $1,292,344 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $129,373 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $78,225 |
| 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 | $8,711 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $216,309 |
| Accounts payable and accrued expenses | $3,792 |
| 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 | $357,805 |
| Other liabilities | $249,480 |
| Total liabilities | $611,077 |
| Net assets without donor restrictions | $0 |
| 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 | -$394,768 |
| Total liabilities and net assets/fund balances | $216,309 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that New Vision Inc has recieved totaling $4,500.
| Awarding Organization | Amount |
|---|---|
Charter Fund Inc Broomfield, CO PURPOSE: CHARTER SCHOOL GROWTH | $4,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Atlanta Downtown Improvement District Inc Atlanta, GA | $12,681,519 | $10,654,610 |
Foothills Academy Inc Albany, KY | $14,368,148 | $7,228,479 |
Communities In Schools Of Richmond Inc Richmond, VA | $3,103,017 | $4,461,414 |
No Means No Worldwide Mclean, VA | $3,368,949 | $3,533,973 |
Church Hill Activities And Tutoring Richmond, VA | $3,003,001 | $3,195,668 |
Impact Family Counseling Vestavia Hills, AL | $3,797,190 | $2,650,337 |
West End Ministries High Point, NC | $1,535,788 | $1,917,277 |
Cumberland County Communicare Inc Fayetteville, NC | $345,557 | $1,726,631 |
Better Basics Inc Birmingham, AL | $2,776,280 | $1,655,038 |
St Joseph Youth Alliance Inc Saint Joseph, MO | $1,795,094 | $1,761,784 |
Vision Atlanta Inc Roswell, GA | $8,660,844 | $1,666,246 |
Aspire Youth & Family Inc Balsam, NC | $629,394 | $1,530,344 |