Civic Intelligence

Vista Learning Nfp

990 • Fiscal year 2022 • EIN 20-0709639

Jan 01, 2022 to Dec 31, 2022 • Filed on Apr 29, 2023

2705 Mcdonough StreetJoliet, IL 60436

(815) 744-8334

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

87th percentile

0.59x

Higher debt load relative to assets than 87% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

85th percentile

0.73x

Higher debt load relative to revenue than 85% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

34th percentile

-0.3%

Higher net margin than 34% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

78th percentile

21%

Faster asset growth than 78% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

52nd percentile

6.9%

Faster revenue growth than 52% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Up

$1,779,888

Up $314,476 (+21%) from 2021

Net Assets

Down

$726,850

Down $4,632 (-0.6%) from 2021

Liabilities

Up

$1,053,038

Up $319,108 (+43%) from 2021

Revenue

Up

$1,435,260

Up $93,030 (+6.9%) from 2021

Expenses

Up

$1,439,892

Up $235,527 (+20%) from 2021

Net Income

Down

-$4,632

Down $142,497 (-103%) from 2021

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0Assets 2014: $118,445Liabilities 2014: $0Net Assets 2014: $118,4452014Assets 2015: $181,780Liabilities 2015: $1,032Net Assets 2015: $180,7482015Assets 2016: $424,814Liabilities 2016: $0Net Assets 2016: $424,8142016Assets 2017: $599,345Liabilities 2017: $893Net Assets 2017: $598,4522017Assets 2018: $770,494Liabilities 2018: $4,834Net Assets 2018: $765,6602018Assets 2019: $943,857Liabilities 2019: $3,936Net Assets 2019: $939,9212019Assets 2020: $1,168,004Liabilities 2020: $4,411Net Assets 2020: $1,163,5932020Assets 2021: $1,465,412Liabilities 2021: $733,930Net Assets 2021: $731,4822021Assets 2022: $1,779,888Liabilities 2022: $1,053,038Net Assets 2022: $726,8502022Assets 2023: $2,312,081Liabilities 2023: $1,414,054Net Assets 2023: $898,0272023Assets 2024: $2,951,438Liabilities 2024: $2,139,549Net Assets 2024: $811,8892024

Highlighted filing

2022

Assets$1,779,888
Liabilities$1,053,038
Net Assets$726,850

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2014: $278,270Expenses 2014: $200,799Net Income 2014: $77,4712014Revenue 2015: $473,523Expenses 2015: $403,495Net Income 2015: $70,0282015Revenue 2016: $777,795Expenses 2016: $533,729Net Income 2016: $244,0662016Revenue 2017: $950,929Expenses 2017: $777,291Net Income 2017: $173,6382017Revenue 2018: $1,051,287Expenses 2018: $884,079Net Income 2018: $167,2082018Revenue 2019: $1,209,406Expenses 2019: $1,035,145Net Income 2019: $174,2612019Revenue 2020: $1,340,456Expenses 2020: $1,116,784Net Income 2020: $223,6722020Revenue 2021: $1,342,230Expenses 2021: $1,204,365Net Income 2021: $137,8652021Revenue 2022: $1,435,260Expenses 2022: $1,439,892Net Income 2022: -$4,6322022Revenue 2023: $1,662,850Expenses 2023: $1,491,673Net Income 2023: $171,1772023Revenue 2024: $1,981,757Expenses 2024: $2,069,676Net Income 2024: -$87,9192024

Highlighted filing

2022

Revenue$1,435,260
Expenses$1,439,892
Net Income-$4,632
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Apr 29, 2023
Return Version
2022v5.0
Gross Receipts
$1,435,260
Mission and Program Overview

Mission

Our organization (vista learning, nfp supported by the will, grundy and kendall regional offices of education and professional development alliance) solicits donations of used computers and then rebuilds them so they can be gifted to needy children who have been identified by their school principals and teachers as those who will benefit academically.

Vista learning, nfp (the organization) was incorporated as a not-for- profit organization in february 2004 and is organized to improve the quality of education through effective programs, materials, and services. The organization creates and operates educational programs and software which benefits teachers, school administrators and the general public. The organization also provides computers to students in need and scholarships for students planning to attend college.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$721,443$980,893▲ $259,450
Cash and Non-Interest-Bearing Accounts$735,578$791,699▲ $56,121
Land, Buildings, and Equipment, Net$6,805$5,012▼ $1,793
Inventories for Sale or Use$1,586$2,284▲ $698
Total Assets$1,465,412$1,779,888▲ $314,476
Liabilities
Other Liabilities$733,930$1,053,038▲ $319,108
Total Liabilities$733,930$1,053,038▲ $319,108
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$717,335$713,783▼ $3,552
Net Assets With Donor Restrictions$14,147$13,067▼ $1,080
Total Net Assets Fund Balance$731,482$726,850▼ $4,632
Total Liabilities and Net Assets / Fund Balance$1,465,412$1,779,888▲ $314,476

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$5,012$16,438$21,450
Compensation and Service Providers

Board Members and Trustees

NameTitle
Shawn WalshPresident/ T
Larry WiersDirector
Patti FurlanoDirector
Paul NordstromDirector
Jay LinksmanSecretary
Chris MehochkoVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$6,554
Program Service Revenue
$1,428,545
Investment Income
$161
Other Revenue
$0
All Other Contributions
$6,554
Change in Net Assets
$-4,632

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,435,260
Total Revenue per Audited Statements
$1,435,260
Total Revenue per Form 990
$1,435,260
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,402,787
Salaries, Compensation, and Employee Benefits$37,105
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$1,250,628$21,462-$1,272,090
Other Expenses$50,000--$50,000
Other Salaries and Wages-$34,468-$34,468
Occupancy$26,474--$26,474
Advertising$13,160--$13,160
Fees for Services Accounting-$13,155-$13,155
Conferences and Meetings$11,582--$11,582
Insurance-$6,509-$6,509
Depreciation Depletion$3,143--$3,143
Office Expenses$3,079--$3,079
Payroll Taxes-$2,637-$2,637
Travel$2,129--$2,129
Fees for Services Legal$1,466--$1,466
Total Functional Expenses$1,361,661$78,231$0$1,439,892

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,439,892
Total Expenses per Audited Statements$1,439,892
Total Expenses per Form 990$1,439,892
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Contract Obligations Short Term$555,042
Contract Obligations Long Term$490,338
Credit Card Liability$6,795
Payroll Tax Liability$863
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Vista Learning Nfp
EIN
20-0709639
Phone
8157448334
Address
2705 MCDONOUGH STREET, JOLIET, IL 60436

Signing Officer

Name
Shawn Walsh
Title
President/ Treasurer
Phone
8157255510
Signed
2023-04-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Shawn Walsh
Formed
2004
Legal Domicile
Il
Voting Board Members
6
Independent Board Members
6
Employees
1

Preparer

Firm
Bruns & Bruns Limited
Address
321 W MAPLE ST STE 101, NEW LENOX, IL 60451-1633
Preparer
Matthew Bruns
Phone
8154855656
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Vista learning, nfp (the organization) was incorporated as a not-for- profit organization in february 2004 and is organized to improve the quality of education through effective programs, materials, and services. The organization creates and operates educational programs and software which benefits teachers, school administrators and the general public. The organization also provides computers to students in need and scholarships for students planning to attend college.

Form 990, Part IX, Line 11G

Consulting 887,668 21,462 0 giveaway supplies expense 38,225 0 0 discount to customers 289,626 0 0 technology subscriptions 21,735 0 0 computer equipment 8,043 0 0 professional fees 2,556 0 0 temporary help 615 0 0 training 2,160 0 0 total 1,250,628 21,462 0

Form 990, Part XI, Line 9

Record fixed assets prior years 0 accumulated depreciation prior years 0 to establish contract obligations 0

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleD/TotalLiabilityAmt01053038
IRS990ScheduleD/TotalRevenuePerForm990Amt01435260
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01435260
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01439892
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0VISTA LEARNING, NFP (THE ORGANIZATION) WAS INCORPORATED AS A NOT-FOR- PROFIT ORGANIZATION IN FEBRUARY 2004 AND IS ORGANIZED TO IMPROVE THE QUALITY OF EDUCATION THROUGH EFFECTIVE PROGRAMS, MATERIALS, AND SERVICES. THE ORGANIZATION CREATES AND OPERATES EDUCATIONAL PROGRAMS AND SOFTWARE WHICH BENEFITS TEACHERS, SCHOOL ADMINISTRATORS AND THE GENERAL PUBLIC. THE ORGANIZATION ALSO PROVIDES COMPUTERS TO STUDENTS IN NEED AND SCHOLARSHIPS FOR STUDENTS PLANNING TO ATTEND COLLEGE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CONSULTING 887,668 21,462 0 GIVEAWAY SUPPLIES EXPENSE 38,225 0 0 DISCOUNT TO CUSTOMERS 289,626 0 0 TECHNOLOGY SUBSCRIPTIONS 21,735 0 0 COMPUTER EQUIPMENT 8,043 0 0 PROFESSIONAL FEES 2,556 0 0 TEMPORARY HELP 615 0 0 TRAINING 2,160 0 0 TOTAL 1,250,628 21,462 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4RECORD FIXED ASSETS PRIOR YEARS 0 ACCUMULATED DEPRECIATION PRIOR YEARS 0 TO ESTABLISH CONTRACT OBLIGATIONS 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9
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IRS990/SignificantNewProgramSrvcInd0false
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IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsEOYAmt01779888
IRS990/TotalAssetsGrp/BOYAmt01465412
IRS990/TotalAssetsGrp/EOYAmt01779888
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IRS990/TotalContributionsAmt06554
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt078231
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01361661
IRS990/TotalFunctionalExpensesGrp/TotalAmt01439892
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0733930
IRS990/TotalLiabilitiesEOYAmt01053038
IRS990/TotalLiabilitiesGrp/BOYAmt0733930
IRS990/TotalLiabilitiesGrp/EOYAmt01053038
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0731482
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0726850
IRS990/TotalProgramServiceExpensesAmt01361661
IRS990/TotalProgramServiceRevenueAmt01428545
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01428706
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01435260
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01465412
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01779888
IRS990/TravelGrp/ProgramServicesAmt02129
IRS990/TravelGrp/TotalAmt02129
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0702 W MAPLE STREET
IRS990/USAddress/CityNm0NEW LENOX
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd060451
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0HTTP://WWW.VISTALEARNING.ORG/
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SHAWN WALSH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT/ TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum08157255510
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-04-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VISTA LEARNING NFP
ReturnHeader/Filer/BusinessNameControlTxt0VIST
ReturnHeader/Filer/EIN0200709639
ReturnHeader/Filer/PhoneNum08157448334
ReturnHeader/Filer/USAddress/AddressLine1Txt02705 MCDONOUGH STREET
ReturnHeader/Filer/USAddress/CityNm0JOLIET
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060436
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0364011554
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BRUNS & BRUNS LIMITED
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0321 W MAPLE ST STE 101
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW LENOX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0604511633
ReturnHeader/PreparerPersonGrp/PhoneNum08154855656
ReturnHeader/PreparerPersonGrp/PreparationDt02023-04-29
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MATTHEW BRUNS
ReturnHeader/ReturnTs02023-05-08T15:26:58-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0SHAWN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0WALSH
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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