Global Vision Foundation Inc is located in Clarksville, MD. The organization was established in 2006. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Global Vision Foundation 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, Global Vision Foundation Inc generated $90.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (6.9%) each year. All expenses for the organization totaled $55.0k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (7.9%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
MEDICAL MISSIONS ORGANIZATION
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Akin Opesnami President | 2 | $0 | |
Charles Olukun Vice President | 2 | $0 | |
Toyin Opesanmi Treasurer | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $77,369 |
| Total Program Service Revenue | $12,789 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $90,158 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $14,341 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $18,724 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $21,908 |
| Total expenses | $54,973 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,884 |
| Other assets | $0 |
| Total assets | $11,727 |
| Total liabilities | $3,718 |
| Net assets or fund balances | $8,009 |