Civic Intelligence

New Vision for Independence Inc.

990 • Fiscal year 2012 • EIN 20-3288751

Oct 01, 2011 to Sep 30, 2012 • Filed on Mar 25, 2013

9501 US Hwy 44134788
Siviq Scores

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

Liabilities / Assets

69th percentile

0.05x

Higher debt load relative to assets than 69% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

71st percentile

17%

Faster asset growth than 71% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$280,084

Up $41,388 (+17%) from 2011

Net Assets

Up

$266,692

Up $37,170 (+16%) from 2011

Liabilities

Up

$13,392

Up $4,218 (+46%) from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$371,385

Up $10,502 (+2.9%) from 2011

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2010: $227,426Liabilities 2010: $4,856Net Assets 2010: $222,5702010Assets 2011: $238,696Liabilities 2011: $9,174Net Assets 2011: $229,5222011Assets 2012: $280,084Liabilities 2012: $13,392Net Assets 2012: $266,6922012Assets 2013: $279,769Liabilities 2013: $6,526Net Assets 2013: $273,2432013Assets 2014: $250,062Liabilities 2014: $8,794Net Assets 2014: $241,2682014Assets 2015: $180,711Liabilities 2015: $9,400Net Assets 2015: $171,3112015Assets 2016: $199,844Liabilities 2016: $20,376Net Assets 2016: $179,4682016Assets 2017: $228,746Liabilities 2017: $7,095Net Assets 2017: $221,6512017Assets 2018: $175,812Liabilities 2018: $4,233Net Assets 2018: $171,5792018Assets 2019: $176,126Liabilities 2019: $2,796Net Assets 2019: $173,3302019Assets 2020: $277,311Liabilities 2020: $73,734Net Assets 2020: $203,5772020Assets 2021: $358,422Liabilities 2021: $8,106Net Assets 2021: $350,3162021Assets 2022: $294,497Liabilities 2022: $20,901Net Assets 2022: $273,5962022Assets 2023: $344,489Liabilities 2023: $31,004Net Assets 2023: $313,4852023Assets 2024: $606,035Liabilities 2024: $161,000Net Assets 2024: $445,0352024

Highlighted filing

2012

Assets$280,084
Liabilities$13,392
Net Assets$266,692

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2010: $379,292Expenses 2010: $306,104Net Income 2010: $73,1882010Revenue 2011: $367,835Expenses 2011: $360,883Net Income 2011: $6,9522011Expenses 2012: $371,3852012Expenses 2013: $415,7022013Revenue 2014: $425,882Expenses 2014: $457,857Net Income 2014: -$31,9752014Revenue 2015: $393,430Expenses 2015: $464,588Net Income 2015: -$71,1582015Revenue 2016: $434,551Expenses 2016: $425,562Net Income 2016: $8,9892016Revenue 2017: $465,966Expenses 2017: $429,288Net Income 2017: $36,6782017Revenue 2018: $416,703Expenses 2018: $459,245Net Income 2018: -$42,5422018Revenue 2019: $445,997Expenses 2019: $446,854Net Income 2019: -$8572019Revenue 2020: $446,503Expenses 2020: $426,003Net Income 2020: $20,5002020Revenue 2021: $608,160Expenses 2021: $477,463Net Income 2021: $130,6972021Revenue 2022: $534,085Expenses 2022: $586,425Net Income 2022: -$52,3402022Revenue 2023: $630,040Expenses 2023: $600,647Net Income 2023: $29,3932023Revenue 2024: $760,417Expenses 2024: $649,692Net Income 2024: $110,7252024

Highlighted filing

2012

Revenue-
Expenses$371,385
Net Income-
Jump To
Filing Snapshot
Filing Period
Oct 1, 2011 to Sep 30, 2012
Signed
Mar 25, 2013
Return Version
2011v1.5
Gross Receipts
$408,555
Mission and Program Overview

Mission

New vision for independence, inc. (new vision) is a nationally accredited 501(c)(3) tax-exempt organization providing rehabilitation, community education, and support services for people with low vision or blindness, and their families to promote independence, acceptance, and self-confidence. New vision was incorporated on july 18, 2005.new vision provides unique training to persons experiencing severe bilateral vision loss that is affecting their daily functioning in daily living, vocational, or academic activities. New vision seves adults and children from birth through age six and those in high school who reside in lake, sumter and marion counties and the villages. New vision is the only provider of these vital services for this population in this geographic area.

Filing and Contact Details

Filer

EIN
20-3288751
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IRS990/ActivityOrMissionDescription0PROVIDE REHABILITATION, COMMUNITY EDUCATION, AND SUPPORT SERVICES FOR PEOPLE WITH LOW VISION OR BLINDNESS, AND THEIR FAMILIES, TO PROMOTE INDEPENDENCE, ACCEPTANCE, AND SELF-CONFIDENCE.
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IRS990/Description0TAUGHT INDEPENDENT LIVING SKILLS, BRAILLE, ACCESS TECHNOLOGY, ORIENTATION AND MOBILITY TO VISUALLY IMPAIRED ADULTS IN LAKE, SUMTER AND SOUTH MARION COUNTIES. SERVED 183 VISUALLY-IMPAIRED CLIENTS THIS YEAR.
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IRS990/MissionDescription0New Vision for Independence, Inc. (New Vision) is a nationally accredited 501(c)(3) tax-exempt organization providing rehabilitation, community education, and support services for people with low vision or blindness, and their families to promote independence, acceptance, and self-confidence. New Vision was incorporated on July 18, 2005.New Vision provides unique training to persons experiencing severe bilateral vision loss that is affecting their daily functioning in daily living, vocational, or academic activities. New Vision serves adults and children through age five who reside in Lake and Sumter counties and The Villages. New Vision is the only provider of these vital services for this population in this geographic area.
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IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation0The Internal Revenue Service has recognized New Vision for Independence, Inc. as a tax-exempt organization under Section 501(c)(3) of the Internal Revenue Code. Accordingly, income earned in furtherance of New Vision's tax-exempt purpose is exempt from federal and state income taxes and, therefore, these financial statements include no provision or liability for income taxes. New Vision follows the reporting and disclosure guidance for uncertainty in income taxes as defined in FASB ASC 740. The financial statement effects of a tax position taken or expected to be taken are recognized in the financial statements when it is more likely than not, based on the technical merits, that the position will be sustained upon examination. As of September 30, 2012, New Vision had no uncertain tax positions that qualify for recognition or disclosure in the financial statements. Generally, the IRS may review returns for the past three years.
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IRS990ScheduleO/GeneralExplanation/Explanation0GOVERNING DOCUMENTS, POLICIES AND FINACIAL STATEMENTS ARE AVAILABLE VIA THE ORGANIZATION'S WEBSITE AND UPON REQUEST.
IRS990ScheduleO/GeneralExplanation/Explanation1BOARD MEMBERS RECEIVE THE CONFLICT OF INTEREST POLICY ANNUALLY AND EACH COMPLETES A STATEMENT ANNUALLY IN WHICH THEY ACKNOWLEDGE RECEIPT OF THE POLICY AND DISCLOSE ANY POTENTIAL CONFLICTS.
IRS990ScheduleO/GeneralExplanation/Explanation2BOARD MEMBERS ARE PROVIDED A DRAFT COPY OF THE FORM 990 FOR THEIR REVIEW, CHANGES NOTED BY MEMBERS ARE MADE IF NECESSARY, AND THE FINAL FORM 990 IS THEN FILED UPON SIGNATURE OF AN AUTHORIZED OFFICER.
IRS990ScheduleO/GeneralExplanation/Identifier0Form 990, Part VI, Line 19
IRS990ScheduleO/GeneralExplanation/Identifier1Form 990, Part VI, Line 12c
IRS990ScheduleO/GeneralExplanation/Identifier2Form 990, Part VI, Line 11
IRS990ScheduleO/GeneralExplanation/ReturnReference0Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/GeneralExplanation/ReturnReference1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/GeneralExplanation/ReturnReference2Form 990, Part VI, Line 11: Form 990 Review Process
IRS990/ScheduleORequired0true
IRS990/School0false
IRS990/SignificantChange0false
IRS990/SignificantNewProgramServices0false
IRS990/StateLegalDomicile0FL
IRS990/StatesWhereCopyOfReturnIsFiled0FL
IRS990/SubjectToProxyTax0false
IRS990/TaxableDistributions0false
IRS990/TaxablePartyNotification0false
IRS990/TaxExemptBonds0false
IRS990/Terminated0false

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.06$1.61$4.45$7.60$6.50$1.11
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.44$0.31$3.13$6.30$6.01$0.29
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.94$0.21$2.74$5.34$5.86$0.52
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.58$0.08$3.50$6.08$4.77$1.31
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.77$0.74$2.04$4.47$4.26$0.21
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.76$0.03$1.73$4.46$4.47$0.01
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.76$0.04$1.72$4.17$4.59$0.43
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.29$0.07$2.22$4.66$4.29$0.37
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.00$0.20$1.79$4.35$4.26$0.09
2015Detailed filing. Detailed filing data is available for this year.$1.81$0.09$1.71$3.93$4.65$0.71
2014Detailed filing. Detailed filing data is available for this year.$2.50$0.09$2.41$4.26$4.58$0.32
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.80$0.07$2.73$4.16
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.80$0.13$2.67$3.71
2011Summary only. Only limited summary data is available for this year.$2.39$0.09$2.30$3.68$3.61$0.07
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.27$0.05$2.23$3.79$3.06$0.73