VISIONSPRING: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- VISIONSPRING (EIN 31-1811558)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-13
- IRS object ID
- 202513179349306061
- Schema version
- 2024v5.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-11-13T12:35:13-06:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 331374517 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PKF O'CONNOR DAVIES ADVISORY LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 245 PARK AVENUE 12TH FLOOR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10167 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 311811558 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | VISIONSPRING INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | VISI | BusinessNameControlTxt |
| Phone | 2123555145 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 30 EAST 60TH STREET SUITE 201 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10022 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ELLA GUDWIN | PersonNm |
| Person Title | CHIEF EXECUTIVE OFFICER | PersonTitleTxt |
| Phone | 2123752599 | PhoneNum |
| Signature | 2025-11-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | GARRETT M HIGGINS | PreparerPersonNm |
| PTIN | P00543209 | PTIN |
| Phone | 2122862600 | PhoneNum |
| Preparation | 2025-11-11 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | ELLA GUDWIN | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 30 EAST 60TH STREET SUITE 201 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10022 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $65,134,708 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.VISIONSPRING.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2001 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | TO PROVIDE EYEGLASSES AND VISION SCREENING TO UNDERSERVED POPULATIONS THROUGH GLOBAL PROGRAMS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 12 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 11 | VotingMembersIndependentCnt |
| Total Employee | 15 | TotalEmployeeCnt |
| Total Volunteers | 16 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $9,888,771 | PYContributionsGrantsAmt |
| CY Contributions Grants | $11,216,844 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $930,312 | PYInvestmentIncomeAmt |
| CY Investment Income | $2,147,230 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$347,877 | PYOtherRevenueAmt |
| CY Other Revenue | -$474,483 | CYOtherRevenueAmt |
| PY Total Revenue | $10,471,206 | PYTotalRevenueAmt |
| CY Total Revenue | $12,889,591 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $3,351,860 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $4,629,017 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $2,412,435 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $2,405,200 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,289,805 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $5,107,635 | PYOtherExpensesAmt |
| CY Other Expenses | $6,376,605 | CYOtherExpensesAmt |
| PY Total Expenses | $10,871,930 | PYTotalExpensesAmt |
| CY Total Expenses | $13,410,822 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$400,724 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$521,231 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $29,389,184 | TotalAssetsBOYAmt |
| Total Assets EOY | $28,859,261 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $750,396 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,427,998 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $28,638,788 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $27,431,263 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | TO PROVIDE EYEGLASSES AND VISION SCREENING TO UNDERSERVED POPULATIONS THOUGH GLOBAL PROGRAMS. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $10,063,011 | ExpenseAmt |
| Grant | $4,629,017 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | VISIONSPRING WORKS TO INCREASE LIFELONG EARNING, LEARNING, SAFETY, AND WELL-BEING THROUGH EYEGLASSES FOR PEOPLE VULNERABLE TO POVERTY. IN 2024, WE SCREENED MORE THAN 2.6M PEOPLE AND CORRECTED THE VISION OF NEARLY 2.13M, PEOPLE - FARMERS, WEAVERS, FACTORY WORKERS, DRIVERS, AND STUDENTS - GAINED THE CLEAR VISION THEY NEED TO SEE WELL AND DO WELL. THIS YEAR ALSO MARKED OUR TOTAL DISTRIBUTION OF EYEGLASSES TO 14.1M PEOPLE AND HAS UNLOCKED AN ESTIMATED $3B IN INCOME-EARNING POTENTIAL FOR HOUSEHOLDS LIVING ON LESS THAN $4 PER DAY SINCE THE ORGANIZATION'S FOUNDING IN 2001.IN 2024, VISIONSPRING CONTINUED ITS FOCUS ON OPTICAL SERVICES AND EYEGLASSES SALES, GROWING AT A RATE OF 13% YEAR-ON-YEAR. OUR TARGET CUSTOMERS WERE REACHED IN OVER 20 COUNTRIES, INCLUDING OUR LARGEST MARKETS IN INDIA, BANGLADESH, AND SUB-SAHARAN AFRICA. VISIONSPRING'S PROGRAM ACTIVITIES ARE IMPLEMENTED THROUGH TWO MODELS, VISION ACCESS PROGRAMS, AND INSTITUTIONAL PARTNERSHIPS.VISION ACCESS PROGRAMS: OUR VISION ACCESS PROGRAMS ADVANCE OUR IMPACT ALONG THREE THEMES: SEE TO EARN, SEE TO LEARN, AND SEE TO BE SAFE. IN 2024, THROUGH OUR VISION ACCESS PROGRAMS, WE SCREENED THE VISION OF 1.5 MILLION PEOPLE IN WORKPLACES, FACTORIES, SCHOOLS, TRANSPORTATION HUBS, AND RURAL AND INFORMAL SETTLEMENTS. WE HELPED 546K INDIVIDUALS SEE CLEARLY THROUGH A COMBINATION OF NEAR VISION SPECTACLES (READING GLASSES) AND PRESCRIPTION GLASSES. OF THOSE WHO GOT GLASSES, 95% WERE ADULTS, 5% WERE CHILDREN. 79% RECEIVED THEIR FIRST-EVER PAIR.SEE TO EARN: WE PARTNER WITH PRIVATE FOUNDATIONS, GOVERNMENTS, AND CORPORATE SOCIAL RESPONSIBILITY OFFICES OF MAJOR BUSINESSES TO BRING FREE VISION SCREENING AND LOW-COST GLASSES TO ADULTS ENGAGED IN THE INFORMAL AND AGRICULTURAL ECONOMIES. WE DEEPENED THE MARKET PENETRATION OF OUR LONGEST RUNNING PROGRAM WHICH SHIFTS THE TASK OF CORRECTING BLURRY NEAR VISION TO COMMUNITY PROVIDERS. READING GLASSES FOR IMPROVED LIVELIHOODS (RGIL) EXPANDED WITH HEALTH ENTREPRENEURS IN ZAMBIA, SERVED NEW DISTRICTS WITH COMMUNITY HEALTH WORKERS IN UGANDA, AND EXTENDED INTO A NATIONWIDE NETWORK OF MICROFINANCE CLIENTS IN BANGLADESH. GLOBALLY IN 2024, WE SCREENED THE VISION OF 1.15M PEOPLE AND DISPENSED GLASSES TO 359K PEOPLE THROUGH RGIL, REPRESENTING 30% OF TOTAL EYEGLASSES DELIVERED THROUGH ALL OF OUR MODELS. ADDITIONALLY, OUR CLEAR VISION WORKPLACES (CVW) PROGRAM, POWERED BY AN ALLIANCE OF LEADING BRANDS, DRAMATICALLY INCREASES EYEGLASSES COVERAGE RATES AMONG WORKERS WHO PRODUCE TEXTILES, GARMENTS, AND HOME GOODS.LIVELIHOODS IN FOCUS (LIF) IS OUR STRATEGIC INITIATIVE TO DRAMATICALLY INCREASE EYEGLASSES COVERAGE RATES - AND ASSOCIATED PRODUCTIVITY AND INCOME - IN COMMUNITIES ENGAGED IN VISION-INTENSIVE AGRICULTURE AND ARTISAN CRAFT. LAST YEAR, LIVELIHOODS IN FOCUS (LIF) EXPANDED SIGNIFICANTLY THANKS IN PART TO THE DEPLOYMENT OF MORE THAN $1 MILLION OF THE MACKENZIE SCOTT GIFT WE RECEIVED IN 2022 TO IMPROVE VISION CARE ACCESS TO AGRICULTURAL WORKERS AND ARTISANS IN STRATEGIC MARKETS. WE HIRED OUR FIRST DIRECT IMPLEMENTATION TEAM IN GHANA AND ONBOARDED NEW PARTNERS IN GHANA, INDIA, KENYA, AND UGANDA. IN TOTAL, WE BROUGHT LIVELIHOODS INTO FOCUS FOR 234K PEOPLE THROUGH LIF.SEE TO LEARN: EYEGLASSES INCREASE A STUDENT'S ABILITY TO SUCCEED IN SCHOOL, BOOSTING LEARNING OUTCOMES EQUIVALENT TO AN ADDITIONAL HALF YEAR OF SCHOOLING ON AVERAGE. IN 2024, WE CONTINUED THE FOCUS ON SEE TO LEARN PROGRAM IN INDIA AND SCREENED THE VISION OF 489K SCHOOL CHILDREN AND DISPENSED 42K PAIRS OF EYEGLASSES.SEE TO BE SAFE: UN SUSTAINABLE DEVELOPMENT GOAL 3.6 SEEKS TO HALVE THE NUMBER OF GLOBAL DEATHS AND INJURIES FROM ROAD TRAFFIC ACCIDENTS BY 2030. YET EVEN THOUGH 60% OF TRAFFIC ACCIDENTS CAN BE ATTRIBUTED TO POOR SIGHT, VISION ACUITY IS NOT A PART OF GLOBAL INTERVENTIONS TO MAKE ROADS SAFER. WE ARE WORKING TO CHANGE THAT THROUGH SEE TO BE SAFE (S2S).EQUIPPING DRIVERS WITH EYEGLASSES ENABLES THEM TO SEE MORE CLEARLY, THEREBY MINIMIZING ROAD HAZARDS. TO LOWER THE INCIDENCE OF VEHICLE ACCIDENTS AND THE ASSOCIATED RISKS OF INJURY AND MORTALITY, WE SCREEN THE VISION OF TRUCKERS, BUS DRIVERS AND ALLIED TRANSPORT WORKERS IN MAJOR TRANSIT HUBS WITH CORPORATE SPONSORS AND MINISTRY OF TRANSPORTATION PARTNERS. IN 2024, VISIONSPRING SCREENED 169K DRIVERS AND TRANSPORT WORKERS, BRINGING OUR SEE TO BE SAFE TOTAL TO 861K SINCE 2018. IN NIGERIA AND ZAMBIA WE EXPANDED S2S THROUGH PARTNERSHIPS WITH TRANSPORT COMPANIES, SCREENING 117K DRIVERS AND DISPENSING 32K EYEGLASSES.PHARMACIES: OUR PHARMACY PROGRAM MATURED OUT ITS R&D PHASE, CONTINUING EXPANSION IN GHANA, BANGLADESH, AND NIGERIA WITH KEY ADJUSTMENTS TO FOCUS ON NEAR VISION SCREENING FOR PRESBYOPIA. SPECIFICALLY, WE IMPLEMENTED AN IMPROVED DEMAND GENERATION PILOT WITH A LOCAL MARKETING AGENCY IN KUMASI, GHANA, LEADING TO A TRIPLING OF SALES IN PILOT PHARMACIES (+150 PAIRS PER PHARMACY). WE ALSO PARTNERED WITH PROFESSIONAL ASSOCIATIONS TO REACH MORE PHARMACIES AND CONDUCTED A SURVEY TO COLLECT FEEDBACK AND KPI METRICS AROUND SCREENING AND SALES. THROUGH THE PHARMACY PROGRAM WE HELPED 39K PEOPLE SEE CLEARLY THROUGH READING GLASSES, AND MORE THAN DOUBLED OUR FOOTPRINT FROM 297 TO 615 PHARMACIES.INSTITUTIONAL PARTNERSHIPS: THROUGH INSTITUTIONAL PARTNERSHIPS, VISIONSPRING SELLS BULK QUANTITIES OF EYEGLASSES, COUPLED WITH TRAINING AND MARKETING SUPPORT, TO OUR NETWORK OF HOSPITAL, PHARMACY, EYE CARE CENTER, NGO, AND GOVERNMENT PARTNERS. OUR PARTNERS RELY ON VISIONSPRING'S QUALITY PRODUCT, TIMELY DELIVERY, FAVORABLE PAYMENT TERMS, AND SELL-THROUGH SUPPORT TO EXPAND THEIR VISION SERVICES TO LOW-INCOME CUSTOMERS. IN 2024, WE HELPED 1.2M PEOPLE SEE CLEARLY THROUGH OUR INSTITUTIONAL PARTNERSHIPS CHANNEL. OF THE 1.2M, 59% WERE SERVED THROUGH PRIVATE MISSION-ALIGNED INSTITUTIONS SUCH AS HOSPITALS AND 41% WERE SERVED THROUGH GOVERNMENT PARTNERSHIPS. OUR INSTITUTIONAL PARTNERSHIPS TEAM MARKED A SIGNIFICANT ACHIEVEMENT IN 2024 BY INTRODUCING AN INNOVATIVE EYEWEAR COLLECTION IN BANGLADESH, AFRICA AND LATIN AMERICA.TO SUPPORT VISIONSPRING'S GLOBAL REACH AND IMPACT, WE HAVE TEAM MEMBERS BASED IN MULTIPLE COUNTRIES, INCLUDING BANGLADESH, GHANA, INDIA, KENYA, NIGERIA, UGANDA, VIETNAM, AND ZAMBIA. THESE TEAMS ADVANCE OUR ORGANIZATIONAL MISSION THROUGH LOCALIZED STRATEGIES AND PARTNERSHIPS, ENSURING THAT OUR PROGRAMS ARE CULTURALLY SENSITIVE AND EFFECTIVE. ADDITIONALLY, OUR SUPPORT OFFICE IN THE UNITED STATES PROVIDES ESSENTIAL BACKING, ENABLING US TO EXCEED OUR TARGETS AND CONTINUE EXPANDING OUR SCOPE. THIS INTERNATIONAL ORGANIZATIONAL STRUCTURE HAS BEEN INSTRUMENTAL IN OUR ABILITY TO DELIVER HIGH-QUALITY VISION SERVICES TO LOW-INCOME COMMUNITIES AROUND THE WORLD. | Desc |
| Total Program Service Expenses | $10,063,011 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | Yes (1) | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | Yes (1) | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | Yes (1) | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (1) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| Info In Schedule O Part V | Yes (X) | InfoInScheduleOPartVInd |
| IRP Document | 16 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 15 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | Yes (1) | ForeignFinancialAccountInd |
| Foreign Country | IN | ForeignCountryCd |
| Foreign Country | BG | ForeignCountryCd |
| Foreign Country | GH | ForeignCountryCd |
| Foreign Country | NI | ForeignCountryCd |
| Foreign Country | VM | ForeignCountryCd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 12 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 11 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | VIVEK RATHI GLOBAL VP OF FINANCE | PersonNm |
| Phone | 6462147659 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 30 EAST 60TH STREET SUITE 201 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10022 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (24 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| DR JORDAN KASSALOW | ||||||||
| FOUNDER/SECRETARY/VICE CHAIR | 20.00 | 2.00 | Yes (X) | Yes (X) | $155,250 | $0 | $0 | |
| VIPUL BHAGAT | ||||||||
| CHAIR | 1.00 | 0.20 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| JUDITH AIDOO | ||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| ROBERT BO HOPKINS | ||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| JIM BRADY | ||||||||
| DIRECTOR THRU APR 2024 | 1.00 | 0.20 | Yes (X) | $0 | $0 | $0 | ||
| MUSHTAQUE CHOWDHURY | ||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| ANDREA CORAVOS | ||||||||
| DIRECTOR | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| RAJESH DESAI | ||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| KAREN GUTIERREZ | ||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| CHERYL GREENE | ||||||||
| DIRECTOR THRU APR 2024 | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| KEVIN HASSEY | ||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| MIKE HUNDERT | ||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| JAMIE A LEVITT | ||||||||
| DIRECTOR THRU APR 2024 | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| PENNY OUTLAW | ||||||||
| DIRECTOR | 0.10 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| NANCY ROSENZWEIG | ||||||||
| DIRECTOR THRU APR 2024 | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| RAHUL SAXENA | ||||||||
| DIRECTOR | 1.00 | 0.25 | Yes (X) | $0 | $0 | $0 | ||
| BRIAN TRELSTAD | ||||||||
| DIRECTOR THRU APR 2024 | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| ELLA GUDWIN | ||||||||
| CHIEF EXECUTIVE OFFICER | 40.00 | 15.00 | Yes (X) | $296,045 | $0 | $58,744 | ||
| VIVEK RATHI | ||||||||
| GLOBAL VP, FINANCE | 40.00 | 18.00 | Yes (X) | $159,021 | $0 | $69,296 | ||
| JAMES NAYLOR | ||||||||
| DIRECTOR OF TECHNOLOGY | 40.00 | 12.00 | $153,963 | $0 | $97,559 | Yes (X) | ||
| HEATHER ANN KOEHN | ||||||||
| GLOBAL DIRECTOR, MARKETING & COMM. | 40.00 | 26.00 | $142,694 | $0 | $33,962 | Yes (X) | ||
| PERRY J SELLA | ||||||||
| GLOBAL DIRECTOR, SUPPLY CHAIN | 40.00 | 16.00 | $126,353 | $0 | $463 | Yes (X) | ||
| ERICA DEKRANES ASSOCIATE | ||||||||
| DIRECTOR, RESOURCE MOBILIZATION | 40.00 | 0.00 | $111,225 | $0 | $33,717 | Yes (X) | ||
| TEOBALDO R CAMEJO | ||||||||
| GLOBAL VP, PEOPLE & CULTURE | 40.00 | 6.00 | $157,623 | $0 | $72,354 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,302,174 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $366,095 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 8 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt | Address Line1ContractorAddress/ForeignAddress/AddressLine1Txt | CityContractorAddress/ForeignAddress/CityNm | CountryContractorAddress/ForeignAddress/CountryCd | Foreign PostalContractorAddress/ForeignAddress/ForeignPostalCd | Province Or StateContractorAddress/ForeignAddress/ProvinceOrStateNm |
|---|---|---|---|---|---|---|---|---|---|---|
| VELOCITY GLOBAL | ||||||||||
| 3858 WALNUT STREET | DENVER | CO | 80205 | HR SERVICES | $202,540 | |||||
| INTERNATIONAL AGENCY FOR PREVENTION OF B | ||||||||||
| IT SERVICES | $168,090 | THE NORTHERN SHELL BUILDING 4TH FLO | LONDON | UK | EC3R 6AF | |||||
| RAMONA BAJEMA | ||||||||||
| 101 COOPER STREET 1D | NEW YORK | NY | 10034 | ADVISORY SERVICES | $163,982 | |||||
| VIACODE CONSULTING LLC | ||||||||||
| 35 EAST MAIN STREET 352 | AVON | CT | 06001 | IT SERVICES | $149,555 | |||||
| SEVEN HILLS COMMUNICATIONS LIMITED | ||||||||||
| MARKETING SERVICES | $127,265 | 1ST FLOOR RIVER HOUSE | LONDON | UK | SW18 1NN | 33-35 POINT PLEAS | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 9 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $342,125 | GovernmentGrantsAmt |
| All Other Contributions | $10,874,719 | AllOtherContributionsAmt |
| Total Contributions | $11,216,844 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $545,339 | TotalRevenueColumnAmt |
| Exclusion | $545,339 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $52,383,068 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $50,781,177 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,601,891 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,601,891 | TotalRevenueColumnAmt |
| Exclusion | $1,601,891 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $989,457 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $1,463,940 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$474,483 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | -$474,483 | RelatedOrExemptFuncIncomeAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $12,889,591 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | -$474,483 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $2,147,230 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,629,017 | TotalAmt |
| Program Services | $4,629,017 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $738,356 | TotalAmt |
| Program Services | $307,534 | ProgramServicesAmt |
| Management And General | $144,545 | ManagementAndGeneralAmt |
| Fundraising | $286,277 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,365,272 | TotalAmt |
| Program Services | $414,170 | ProgramServicesAmt |
| Management And General | $587,803 | ManagementAndGeneralAmt |
| Fundraising | $363,299 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $20,833 | TotalAmt |
| Program Services | $6,867 | ProgramServicesAmt |
| Management And General | $7,407 | ManagementAndGeneralAmt |
| Fundraising | $6,559 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $125,988 | TotalAmt |
| Program Services | $31,067 | ProgramServicesAmt |
| Management And General | $51,239 | ManagementAndGeneralAmt |
| Fundraising | $43,682 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $154,751 | TotalAmt |
| Program Services | $51,008 | ProgramServicesAmt |
| Management And General | $55,019 | ManagementAndGeneralAmt |
| Fundraising | $48,724 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $151 | TotalAmt |
| Program Services | $151 | ProgramServicesAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $187,557 | TotalAmt |
| Program Services | $141,791 | ProgramServicesAmt |
| Management And General | $29,207 | ManagementAndGeneralAmt |
| Fundraising | $16,559 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,094,732 | TotalAmt |
| Program Services | $2,244,898 | ProgramServicesAmt |
| Management And General | $588,789 | ManagementAndGeneralAmt |
| Fundraising | $261,045 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $118,492 | TotalAmt |
| Management And General | $118,492 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $298,936 | TotalAmt |
| Program Services | $242,322 | ProgramServicesAmt |
| Management And General | $35,631 | ManagementAndGeneralAmt |
| Fundraising | $20,983 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $446,372 | TotalAmt |
| Program Services | $314,554 | ProgramServicesAmt |
| Management And General | $105,392 | ManagementAndGeneralAmt |
| Fundraising | $26,426 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $151,864 | TotalAmt |
| Program Services | $147,438 | ProgramServicesAmt |
| Management And General | $3,280 | ManagementAndGeneralAmt |
| Fundraising | $1,146 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $405,255 | TotalAmt |
| Program Services | $293,238 | ProgramServicesAmt |
| Management And General | $34,674 | ManagementAndGeneralAmt |
| Fundraising | $77,343 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,536 | TotalAmt |
| Program Services | $8,536 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $47,596 | TotalAmt |
| Program Services | $16,299 | ProgramServicesAmt |
| Management And General | $31,297 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $81,114 | TotalAmt |
| Program Services | $50,047 | ProgramServicesAmt |
| Management And General | $27,850 | ManagementAndGeneralAmt |
| Fundraising | $3,217 | FundraisingAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| PURCHASED SERVICES | $1,523,304 | $1,151,601 | $237,218 | $134,485 |
| FOREIGN EXCHANGE | $11,382 | $11,382 | ||
| MISCELLANEOUS | $1,314 | $1,091 | $163 | $60 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,410,822 | TotalAmt |
| Program Services | $10,063,011 | ProgramServicesAmt |
| Management And General | $2,058,006 | ManagementAndGeneralAmt |
| Fundraising | $1,289,805 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $199,576 | BOYAmt |
| EOY | $293,165 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,930,789 | BOYAmt |
| EOY | $722,203 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,367,000 | BOYAmt |
| EOY | $4,206,632 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $691,672 | BOYAmt |
| EOY | $483,102 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $676,935 | BOYAmt |
| EOY | $707,028 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $81,366 | BOYAmt |
| EOY | $57,786 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $99,854 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $59,063 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $64,210 | BOYAmt |
| EOY | $40,791 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,846,951 | BOYAmt |
| EOY | $17,298,239 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,439,534 | BOYAmt |
| EOY | $4,986,784 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $34,283 | BOYAmt |
| EOY | $18,118 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $56,868 | BOYAmt |
| EOY | $45,413 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,389,184 | BOYAmt |
| EOY | $28,859,261 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $740,029 | BOYAmt |
| EOY | $1,427,998 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,367 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $750,396 | BOYAmt |
| EOY | $1,427,998 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $27,204,343 | BOYAmt |
| EOY | $23,898,644 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,434,445 | BOYAmt |
| EOY | $3,532,619 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,638,788 | BOYAmt |
| EOY | $27,431,263 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,389,184 | BOYAmt |
| EOY | $28,859,261 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$521,231 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$686,294 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $8,486,314 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $12,674,719 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $23,508,382 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $9,888,771 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $11,216,844 | CurrentTaxYearAmt |
| Total | $65,775,030 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $8,486,314 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $12,674,719 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $23,508,382 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $9,888,771 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $11,216,844 | CurrentTaxYearAmt |
| Total | $65,775,030 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $19,180,330 | SubstantialContributorsTotAmt |
| Public Support Total170 | $46,594,700 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $34,362 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $31,667 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $95,619 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $926,142 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $545,339 | CurrentTaxYearAmt |
| Total | $1,633,129 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $6,701 | CurrentTaxYearMinus4YearsAmt |
| Total | $6,701 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $67,414,860 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $4,444,934 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.69120 | PublicSupportCY170Pct |
| Public Support PY170 | 0.68180 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: | FormAndLineReferenceDesc |
| Explanation | OTHER INCOME - 2020 AMOUNT: $ 6,701. | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $99,750 | OtherCostOrOtherBasisAmt |
| Depreciation | $59,034 | DepreciationAmt |
| Book Value | $40,716 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $104 | OtherCostOrOtherBasisAmt |
| Depreciation | $29 | DepreciationAmt |
| Book Value | $75 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $40,791 | TotalBookValueLandBuildingsAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INVESTMENT IN SUBSIDIARIES | Desc |
| Book Value | $4,986,784 | BookValueAmt |
| Method Valuation | C | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $4,986,784 | TotalBookValueProgramRltdAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $15,012,597 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$686,294 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $6,621 | DonatedServicesAndUseFcltsAmt |
| Other Revenue | $2,802,679 | OtherRevenueAmt |
| Revenue Not Reported | $2,123,006 | RevenueNotReportedAmt |
| Revenue Subtotal | $12,889,591 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $12,889,591 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $17,964,010 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $6,621 | DonatedServicesUseFcltsAmt |
| Other Expenses Included | $4,546,567 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $4,553,188 | ExpensesNotReportedAmt |
| Expenses Subtotal | $13,410,822 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $13,410,822 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART X, LINE 2: | THE ORGANIZATION RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY WHEN THEY ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE ORGANIZATION IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR THE PERIODS PRIOR TO 2021. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | COST OF GOODS SOLD REPORTED ON PART VIII, LINE 10B 1,463,940. REVENUE ATTRIBUTABLE TO CONSOLIDATED ENTITIES 1,338,739. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | COST OF GOODS SOLD REPORTED ON PART VIII, LINE 10B 1,463,940. EXPENSES ATTRIBUTABLE TO CONSOLIDATED ENTITIES 3,082,627. |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (5 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|---|
| EAST ASIA AND THE PACIFIC | 1 | 5 | PROGRAM SERVICES | FOR DESCRIPTION OF PROGRAM SERVICE IN REGION, SEE PART V | $319,734 |
| SOUTH ASIA | 3 | 75 | PROGRAM SERVICES | FOR DESCRIPTION OF PROGRAM SERVICE IN REGION, SEE PART V | $2,930,892 |
| SOUTH ASIA | 0 | 0 | GRANTS TO RECIPIENTS LOCATED IN THE REGION | $3,637,347 | |
| SUB-SAHARAN AFRICA | 2 | 54 | PROGRAM SERVICES | FOR DESCRIPTION OF PROGRAM SERVICE IN REGION, SEE PART V | $3,825,886 |
| SUB-SAHARAN AFRICA | 0 | 0 | GRANTS TO RECIPIENTS LOCATED IN THE REGION | $991,670 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 6 | SubtotalOfficesCnt |
| Subtotal Employees | 134 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 6 | TotalOfficeCnt |
| Total Employee | 134 | TotalEmployeeCnt |
| Subtotal Spent | $11,705,529 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $11,705,529 | TotalSpentAmt |
Grants To Org Outside US GrantsToOrgOutsideUSGrp (4 entries)
| RegionRegionTxt | Purpose Of GrantPurposeOfGrantTxt | Cash GrantCashGrantAmt | Manner Of Cash DisbursementMannerOfCashDisbursementTxt | Non Cash AssistanceNonCashAssistanceAmt |
|---|---|---|---|---|
| SOUTH ASIA | PROVIDE ACCESSS TO AFFORDABLE EYEGLASSES | $312,347 | WIRE TRANSFER | $0 |
| SOUTH ASIA | PROVIDE ACCESSS TO AFFORDABLE EYEGLASSES | $3,325,000 | WIRE TRANSFER | $0 |
| SUB SAHARAN | PROVIDE ACCESSS TO AFFORDABLE EYEGLASSES | $491,416 | WIRE TRANSFER | $0 |
| SUB SAHARAN | PROVIDE ACCESSS TO AFFORDABLE EYEGLASSES | $500,254 | WIRE TRANSFER | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 4 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
| Transfer To Foreign Corp | Yes (1) | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (1) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | 0 | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 2: | AT THE BEGINNING OF EACH YEAR, THE PROGRAMS OUTLINE THEIR FINANCIAL NEEDS FOR THAT CALENDAR YEAR AND SUBMIT GRANT AND FUNDING REQUESTS TO THE US OFFICE. EACH PROGRAM OFFICE IS REQUIRED TO JUSTIFY ITS FUNDING AND INVOICES WITH PROJECTIONS AND PURPOSE. THE REQUESTS GO THROUGH THE CEO FOR REVIEW AND APPROVAL. THE ORGANIZATION CONDUCTS MONTHLY CLOSING CALLS WITH THE ENTITIES IN INDIA AND BANGLADESH TO REVIEW CASH FLOW AND ENSURE FUNDING IS UTILIZED APPROPRIATELY. ALL INCOME AND EXPENSE TRANSACTIONS ARE RECORDED IN THE BOOKS AND RECORDS OF THE ORGANIZATION IN ACCORDANCE WITH GENERALLY ACCEPTED ACCOUNTING PRINCIPLES. VISIONSPRING, INC. IS NOT A FOREIGN GRANTMAKING ORGANIZATION PER SE. THE ORGANIZATION, THROUGH ITS FOREIGN RELATED ENTITIES AND PARTNER ORGANIZATIONS IN FOREIGN COUNTRIES, CO-CONDUCTS AND SUPPORTS PROGRAMS IN FOREIGN COUNTRIES IN FURTHERANCE OF ITS EXEMPT PURPOSE - TO PROVIDE AFFORDABLE, QUALITY EYEGLASSES TO PEOPLE IN NEED WORLDWIDE. ON THE ORGANIZATION'S WEBSITE, THERE IS A "PARTNER WITH US" SECTION WHERE EACH OF THE ORGANIZATION'S PARTNER PROGRAMS ARE DESCRIBED TO THE PUBLIC AND TO POTENTIAL PARTNERS, INCLUDING "GET STARTED AND "BECOME A PARTNER" BUTTONS WHERE POTENTIAL PARTNERS MAY CONNECT WITH VISIONSPRING, INC., AND THEN FURTHER CONTACT IS MADE REGARDING A POTENTIAL PARTNERSHIP. ADDITIONALLY, THE LEADERSHIP OF VISIONSPRING, INC., THROUGH DEEP FAMILIARITY WITH THE ORGANIZATIONS IN THE FOREIGN COUNTRIES WHERE THEIR PROGRAMS ARE DELIVERED, ARE ABLE TO IDENTIFY APPROPRIATE ORGANIZATIONS WITH WHICH TO PARTNER IN ACHIEVEMENT OF VISIONSPRING, INC. PROGRAM GOALS AND EXEMPT PURPOSES. GRANTS MADE TO FOREIGN RELATED ENTITIES OF VISIONSPRING, INC. ARE TO DIRECTLY CARRY OUT THE PURPOSES AND PROGRAMS OF VISIONSPRING, INC. THEY WERE REPORTED AS SECTION 512(B)(13) CONTROLLED ENTITIES OF VISIONSPRING, INC. ON THE FORM 990. THE MANAGEMENT OF THE FOREIGN RELATED ENTITIES IS VESTED IN THE SAME PERSONS THAT MANAGE VISIONSPRING, INC. AND THESE PERSONS EXERCISE A SUBSTANTIAL DEGREE OF DIRECTION OVER THE POLICIES, PROGRAMS, AND ACTIVITIES OF EACH OF THE RELATED ENTITIES. THE ACTIVITIES ARE SUCH THAT VISIONSPRING, INC. WOULD HAVE OTHERWISE ENGAGED IN THEM. THE ESTABLISHMENT OF THE RELATED FOREIGN ENTITIES ALLOWED FOR THE COMPLIANCE WITH LOCAL LEGAL REQUIREMENTS AND REGULATIONS IN INDIA AND BANGLADESH. |
| PART I, LINE 3: | COLUMN (E): THE ORGANIZATION HAS PROGRAMS IN SOUTH ASIA, SUB-SAHARAN AFRICA, EAST ASIA AND EUROPE. THROUGH THEIR GLOBAL PARTNERS, EYEGLASSES AND EYEWEAR PRODUCTS ARE PROVIDED, AND VISION CAMPAIGNS ARE CONDUCTED IN RURAL AREAS OF EACH COUNTRY TO ENSURE THAT INDIVIDUALS EARNING LESS THAN $4 PER DAY HAVE ACCESS TO FREE VISION SCREENINGS AND AFFORDABLE EYEGLASSES. COLUMN (F): THE ORGANIZATION USES THE ACCRUAL METHOD OF ACCOUNTING TO RECORD THE EXPENDITURES IN THE REGIONS. |
| SCHEDULE F, PART IV, LINE 1: | THE ORGANIZATION IS FILING FORMS 926 BECAUSE IT MEETS THE APPLICABLE THRESHOLDS FOR FILING. |
| SCHEDULE F, PART IV, LINE 3: | THE ORGANIZATION IS FILING FORMS 5471 BECAUSE IT MEETS THE APPLICABLE THRESHOLDS FOR FILING. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (6 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ELLA GUDWIN | ||||||||||||||
| CHIEF EXECUTIVE OFFICER | $296,045 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $58,744 | $0 | $354,789 | $0 | $0 | $0 |
| JAMES NAYLOR | ||||||||||||||
| DIRECTOR OF TECHNOLOGY | $144,076 | $0 | $9,887 | $0 | $0 | $0 | $0 | $0 | $97,559 | $0 | $251,522 | $0 | $0 | $0 |
| TEOBALDO R CAMEJO | ||||||||||||||
| GLOBAL VP, PEOPLE & CULTURE | $148,556 | $0 | $9,067 | $0 | $0 | $0 | $0 | $0 | $72,354 | $0 | $229,977 | $0 | $0 | $0 |
| VIVEK RATHI | ||||||||||||||
| GLOBAL VP, FINANCE | $148,160 | $0 | $10,861 | $0 | $0 | $0 | $0 | $0 | $69,296 | $0 | $228,317 | $0 | $0 | $0 |
| HEATHER ANN KOEHN | ||||||||||||||
| GLOBAL DIRECTOR, MARKETING & COMM. | $134,394 | $0 | $8,300 | $0 | $0 | $0 | $0 | $0 | $33,962 | $0 | $176,656 | $0 | $0 | $0 |
| DR JORDAN KASSALOW | ||||||||||||||
| FOUNDER/SECRETARY/VICE CHAIR | $155,250 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $155,250 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 7 | FormAndLineReferenceDesc |
| Explanation | CERTAIN INDIVIDUALS INCLUDED IN SCHEDULE J, PART II RECEIVED A DISCRETIONARY BONUS DURING CALENDAR YEAR 2024 WHICH WAS INCLUDED IN COLUMN B(II) HEREIN AND IN THEIR 2024 FORM W-2, BOX 5, AS TAXABLE MEDICARE WAGES. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | BOARD DIRECTORS KEVIN HASSEY AND READE FAHS HAVE A BUSINESS RELATIONSHIP. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE ORGANIZATION USES AN OUTSIDE ACCOUNTING FIRM FOR THE PREPARATION OF ITS FORM 990. ONCE THE FORM 990 HAS BEEN PREPARED, IT IS REVIEWED BY MEMBERS OF THE ORGANIZATION'S MANAGEMENT TEAM. A COPY IS PROVIDED TO THE ORGANIZATION'S BOARD OF DIRECTORS AFTER FILING THE RETURN WITH THE INTERNAL REVENUE SERVICE. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE CONFLICT OF INTEREST POLICY COVERS ANY DIRECTOR, OFFICER OR COMMITTEE MEMBER WITH POWERS DELEGATED BY THE ORGANIZATION'S BOARD OF DIRECTORS WHO HAS A DIRECT OR INDIRECT FINANCIAL INTEREST WITH RESPECT TO A GIVEN TRANSACTION OR ARRANGEMENT. AN INTERESTED PERSON HAS A FINANCIAL INTEREST WITH RESPECT TO A GIVEN TRANSACTION OR ARRANGEMENT IF THE PERSON DIRECTLY ENGAGES IN A TRANSACTION OR ARRANGEMENT WITH THE ORGANIZATION, OR HAS, DIRECTLY OR INDIRECTLY, THROUGH BUSINESS, INVESTMENT, OR FAMILY, ANY OF THE FOLLOWING: I. AN OWNERSHIP OR INVESTMENT INTEREST IN WHICH THE ORGANIZATION HAS A TRANSACTION OR ARRANGEMENT, II. A COMPENSATION ARRANGEMENT WITH THE ORGANIZATION OR WITH ANY ENTITY OR INDIVIDUAL WITH WHICH THE ORGANIZATION HAS A TRANSACTION OR ARRANGEMENT, OR III. A POTENTIAL OWNERSHIP OR INVESTMENT INTEREST IN, OR COMPENSATION ARRANGEMENT WITH ANY ENTITY OR INDIVIDUAL WITH WHICH THE ORGANIZATION IS NEGOTIATING A TRANSACTION OR ARRANGEMENT. COMPENSATION INCLUDES DIRECT AND INDIRECT REMUNERATION AS WELL AS GIFTS OR FAVORS THAT ARE SUBSTANTIAL IN NATURE. AN INTERESTED PERSON IS REQUIRED TO DISCLOSE THE EXISTENCE OF A POTENTIAL CONFLICT OF INTEREST TO THE BOARD AND MEMBERS OF COMMITTEES WITH BOARD-DELEGATED POWERS. THE INTERESTED PARTY LEAVES THE ROOM WHILE THE BOARD OR BOARD COMMITTEE REVIEWS AND DISCUSSES ALL MATERIAL FACTS, AND VOTES UPON THE EXISTENCE OF A CONFLICT OF INTEREST. A MAJORITY VOTE DETERMINES IF THERE IS A CONFLICT OF INTEREST. IN ADDITION, THE PRESIDENT OR COMMITTEE CHAIRPERSON MAY APPOINT A DISINTERESTED PERSON TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. FOLLOWING DUE DILIGENCE, THE BOARD OR BOARD COMMITTEE WILL DECIDE IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT THAT DOES NOT GIVE RISE TO A CONFLICT OF INTEREST IS ATTAINABLE. FOR ALL ACTUAL OR POTENTIAL CONFLICT OF INTEREST ISSUES, THE MINUTES OF THE BOARD AND ALL BOARD COMMITTEES CONTAIN THE NAMES OF THE INTERESTED PERSONS, NAMES OF PERSONS PRESENT FOR DISCUSSION AND VOTING, THE CONTENT OF THE DISCUSSION, THE RECORDING OF THE VOTES, AND THE ACTION TAKEN. EACH DIRECTOR, OFFICER AND MEMBER OF A BOARD COMMITTEE ANNUALLY SIGNS A STATEMENT THAT ATTESTS THAT THE INDIVIDUAL HAS RECEIVED, READ, UNDERSTOOD AND AGREES TO COMPLY WITH THE CONFLICT OF INTEREST POLICY. A COPY OF THE DISCLOSURE FORM IS RETAINED WITHIN THE ORGANIZATION'S BOOKS AND RECORDS. |
| FORM 990, PART VI, SECTION B, LINE 15 | COMPENSATION DATA IS COLLECTED THROUGH AN INDEPENDENT THIRD-PARTY COMPANY WITH WHOM THE COMPANY CONTRACTS. THE DATA COMPILED REFLECTS COMPARABLE MARKET DATA FOR ALL VISIONSPRING'S POSITIONS IN THE COUNTRIES WHERE WE OPERATE, ACROSS MULTIPLE COMPANIES IN BOTH NON-PROFIT AND FOR-PROFIT SECTORS, INCLUDING SIZE, REVENUE, AND INDUSTRY. THAT DATA IS USED TO SET UP AND UPDATE THE INTERNAL SALARY STRUCTURES (BANDS & LEVELS) OF THE ORGANIZATION, AS WELL AS THE OVERALL TOTAL COMPENSATION STRATEGY, WHICH IS SHARED WITH THE BOARD OF DIRECTORS. THE CEO AND THE GLOBAL VP OF PEOPLE AND CULTURE, ALONG WITH SENIOR LEADERSHIP, REVIEW AND APPROVE ALL COMPENSATION DECISIONS ON AN ANNUAL BASIS, AS WELL AS ANY OUT-OF-CYCLE CHANGES. THE COMPENSATION FOR THE CEO IS DEFINED BY A PROCESS SIMILAR TO THOSE FOR OTHER EMPLOYEES, EXCEPT IN THIS CASE THE BOARD APPROVES. THE COMPENSATION DATA, WHICH IS COLLECTED THROUGH AN INDEPENDENT THIRD-PARTY WITH WHOM VISIONSPRING CONTRACTS, IS USED TO ANALYZE AND COMPARE WITH OTHER COMPANIES IN THE NON-PROFIT SECTOR SIMILAR IN SIZE, REVENUE, GEOGRAPHIC DISTRIBUTION, THE COMPANY'S SELECTED PERCENTILE, AND OTHER CHARACTERISTICS THAT DEFINE THE COMPLEXITIES AND COMPETENCIES REQUIRED FOR AN INCUMBENT IN SUCH A POSITION. THIS DATA IS USED TO MAKE A RECOMMENDATION TO THE BOARD OF DIRECTORS THAT TAKES INTO ACCOUNT ALL THE ELEMENTS COMPOSING THE TOTAL COMPENSATION FOR ITS REVIEW AND APPROVAL. THIS PROCESS WAS LAST DONE IN 2024. AT THIS TIME, THE CEO DECIDED TO CAP HER ANNUAL BASE COMPENSATION AT THE RECOMMENDED LEVEL. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE FORM 990 AND FORM 1023 ARE AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE SERVICE CODE AS IT IS POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR WEBSITES. THE ORGANIZATION ALSO POSTS THE FORM 990 AND AUDITED FINANCIAL STATEMENTS ON ITS WEBSITE. IN ADDITION, THE FINANCIAL STATEMENTS, ARTICLES OF INCORPORATION AND BYLAWS ARE AVAILABLE UPON WRITTEN REQUEST. |
| FORM 990, PART IX, LINE 11G | OTHER FEES: PROGRAM SERVICE EXPENSES 189,885. MANAGEMENT AND GENERAL EXPENSES 164,359. FUNDRAISING EXPENSES 20,950. TOTAL EXPENSES 375,194. PROGRAM SUBCONTRACTORS: PROGRAM SERVICE EXPENSES 1,671,764. MANAGEMENT AND GENERAL EXPENSES 344,366. FUNDRAISING EXPENSES 195,230. TOTAL EXPENSES 2,211,360. PROGRAM SERVICE FEES: PROGRAM SERVICE EXPENSES 238,974. MANAGEMENT AND GENERAL EXPENSES 50,345. FUNDRAISING EXPENSES 28,016. TOTAL EXPENSES 317,335. PAYROLL SERVICE FEES: PROGRAM SERVICE EXPENSES 49,337. MANAGEMENT AND GENERAL EXPENSES 10,163. FUNDRAISING EXPENSES 5,762. TOTAL EXPENSES 65,262. RECRUITING AND INTERN FEES: PROGRAM SERVICE EXPENSES 94,938. MANAGEMENT AND GENERAL EXPENSES 19,556. FUNDRAISING EXPENSES 11,087. TOTAL EXPENSES 125,581. |
| FORM 990, PART XII, LINE 2C: | THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |
| FORM 990, PART I, QUESTION 5, AND PART V, QUESTION 2: | THE ORGANIZATION CONTRACTED WITH A PROFESSIONAL EMPLOYER ORGANIZATION (PEO) FOR SERVICES, INCLUDING BUT NOT LIMITED TO, PAYROLL, TIMEKEEPING, EMPLOYEE BENEFITS, HR ADMINISTRATION AND WORKFORCE REGULATORY NEEDS. AS THE EMPLOYER OF RECORD FOR TAX PURPOSES, FORMS W-2 AND W-3 ARE ISSUED BY THE PEO AND FILED UNDER THE PEO'S FEDERAL EIN. IN THIS CO-EMPLOYMENT ARRANGEMENT, THE ORGANIZATION IS THE COMMON LAW EMPLOYER AND, ACCORDINGLY, COMPENSATION IS REPORTED ON FORM 990, PART VII, SECTION A AND PART IX, LINES 5-10. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (4 entries)
| Address Line1ForeignAddress/AddressLine1Txt | CityForeignAddress/CityNm | Province Or StateForeignAddress/ProvinceOrStateNm | CountryForeignAddress/CountryCd | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile Foreign CountryLegalDomicileForeignCountryCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Controlled OrganizationControlledOrganizationInd | Foreign PostalForeignAddress/ForeignPostalCd |
|---|---|---|---|---|---|---|---|---|
| VISIONSPRING INDIA CO VISIONSPRING | ||||||||
| 4TH FLOOR GUMIDELLI COMMERCIAL COM | HYDERABAD | BEGUMPET-500016 | IN | PROVIDES TECHNICAL ASSISTANCE & ADVICE REGARDING OPTICAL INTERVENTIONS | IN | VISIONSPRING INC | Yes (1) | |
| VISIONSPRING GHANA LIMITED BY GUARANTEE | ||||||||
| HOUSE NUMBER L58 NEAR HATA HOSTE | ACCRA | GH | PROVIDES ACCESS TO AFFORDABLE EYE CARE TO POOR & MARGINALIZED PEOPLE | GH | VISIONSPRING INC | Yes (1) | GA-555-238 | |
| VISIONSPRING NIGERIA EYE HEALTH INITIATIVE COMPANY LIMITEDGTE | ||||||||
| 182A CORPORATION DRIVE DOLPHINE ES | LAGOS | NI | PROVIDES ACCESS TO AFFORDABLE EYE CARE TO POOR & MARGINALIZED PEOPLE | NI | VISIONSPRING INC | Yes (1) | ||
| VISIONSPRING VIETNAM LIMITED COMPANY | ||||||||
| NO 5 DIEN BIEN PHU DIEN BIEN WARD | HANOI CITY | VM | PROVIDES MANAGEMENT CONSULTING SERVICES, MARKET RESEARCH, AND EXERCISE EXPOR | VM | VISIONSPRING INC | Yes (1) | ||
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (5 entries)
| Address Line1ForeignAddress/AddressLine1Txt | CityForeignAddress/CityNm | CountryForeignAddress/CountryCd | Foreign PostalForeignAddress/ForeignPostalCd | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile Foreign CountryLegalDomicileForeignCountryCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Entity TypeEntityTypeTxt | Share Of Total IncomeShareOfTotalIncomeAmt | Share Of EOY AssetsShareOfEOYAssetsAmt | OwnershipOwnershipPct | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|---|
| VISIONSPRING PRIVATE LIMITED | |||||||||||
| D-448 1ST FL SECTOR-7 DWARKA | NEW DELHI | IN | 110075 | IMPORT, EXPORT, SALES OF OPTICAL LENSES, GLASSES & FRAMES | IN | VISIONSPRING INC | C | $3,185,918 | $2,171,999 | 0.99990 | Yes (1) |
| VISIONSPRING BANGLADESH LTD | |||||||||||
| HOTEL PURBANI ANNEX-2 4TH FLOOR | DHAKA | BG | 1000 | SELL READING GLASSES | BG | VISIONSPRING INC | C | $819,149 | $684,147 | 0.99880 | Yes (1) |
| VISIONSPRING GHANA LIMITED BY GUARANTEE | |||||||||||
| NO5A NORTH LEGON ROAD DIGITAL ADDR | NORTH LEGON | GH | 059-7582 | PROVIDING AFFORDABLE EYE GLASSES, SALE OF EYE GLASSES | GH | VISIONSPRING INC | C | $630,185 | $331,474 | 1.00000 | Yes (1) |
| VISIONSPRING NIGERIA EYE HEALTH INITIATIVE COMPANY LIMITEDGTE | |||||||||||
| NO 36AA REMI FANI-KAYODE CLOSE | GRA IKEJA | NI | PROVISION OF EYE GLASSES AND LENSES | NI | VISIONSPRING INC | C | $491,786 | $342,165 | 1.00000 | Yes (1) | |
| VISIONSPRING VIETNAM COMPANY LIMITED | |||||||||||
| 83B P LY THUONG KIET CUA NAM HOA | HANOI | VM | 100000 | PROVIDE MANAGEMENT CONSULTING SERVICES, MARKET RESEARCH, AND EXERCISE EXPORT | VM | VISIONSPRING INC | C | $341,547 | $178,734 | 0.99990 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (1) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (5 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| VISIONSPRING PRIVATE LIMITED | ||
| B | $1,907,250 | COST |
| VISIONSPRING BANGLADESH LTD | ||
| B | $640,000 | COST |
| VISION SPRING VIETNAM LIMITED | ||
| B | $250,000 | COST |
| VISION SPRING NIGERIA EYE HEALTH INITIATIVE COMPANY LIMITEDGTE | ||
| P | $500,254 | COST |
| VISION SPRING GHANA LIMITED BY GUARANTEE | ||
| P | $491,416 | COST |