Civic Intelligence

Vision for Asia Inc

990 • Fiscal year 2022 • EIN 36-4942441

Jan 01, 2022 to Dec 31, 2022 • Filed on May 15, 2023

Organization Profilevisionforasiausa.com
2083 Taylor Ridge RdNicholasville, KY 40356

(859) 317-3179

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

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

Source year 2022

Liabilities / Revenue

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

51st percentile

5.1%

Higher net margin than 51% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

85th percentile

$20,982

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 19.5% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2021 to 2022

Revenue Growth

73rd percentile

51%

Faster revenue growth than 73% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Flat

$0

Flat from 2021

Net Assets

Flat

$0

Flat from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue And Expenses
Liabilities / Revenue58th percentileNet Margin51st percentile

Revenue

Up

$107,483

Up $36,397 (+51%) from 2021

Expenses

Up

$102,001

Up $26,708 (+35%) from 2021

Net Income

Up

$5,482

Up $9,689 (+230%) from 2021

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$30K$20K$10K$0-$10KAssets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: -$7,7192023Assets 2024: $25,363Liabilities 2024: $0Net Assets 2024: $25,3632024

Highlighted filing

2022

Assets$0
Liabilities$0
Net Assets$0
Open 2022 Filing

Operations Trend

Revenue Growth73rd percentile

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

$200K$150K$100K$50K$0-$50KRevenue 2021: $71,086Expenses 2021: $75,293Net Income 2021: -$4,2072021Revenue 2022: $107,483Expenses 2022: $102,001Net Income 2022: $5,4822022Revenue 2023: $129,115Expenses 2023: $136,834Net Income 2023: -$7,7192023Revenue 2024: $173,012Expenses 2024: $147,649Net Income 2024: $25,3632024

Highlighted filing

2022

Revenue$107,483
Expenses$102,001
Net Income$5,482
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 15, 2023
Return Version
2022v5.0
Gross Receipts
$107,483
Mission and Program Overview

Mission

Vision For Asia is an international, interdenominational mission which aims to raise up, release and provide a spiritual cover for national Christian ministries.

Vision For Asia raises up releases and provides a spiritual cover for national ministers and ministries

Balance Sheet Detail
LineBeginningEndChange
Assets
Total Assets$0$0→ $0
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$0→ $0
Total Liabilities and Net Assets / Fund Balance$0$0→ $0
Compensation and Service Providers
Top Officer Pay85th percentile

Employees

NameTitleBaseTotal
Antoine VandenassemDirector$20,982$20,982

Board Members and Trustees

NameTitle
Chris VandenassemDirector
Corissa SturgeonDirector
Mike HeilDirector
Stephen SturgeonExecutive Director
Revenue and Support

Revenue Composition

Contributions and Grants
$107,483
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$107,483
Change in Net Assets
$5,482
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$97,901
Other Expenses$4,100
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$97,901--$97,901
Office Expenses$4,100--$4,100
Total Functional Expenses$102,001$0$0$102,001
International Activity

International Summary

Employees
5
Spending
$97,901

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
EuropeProgram servicesReligious activity03$41,384
South AsiaProgram servicesReligious activity01$38,296
Central America and the CaribbeanProgram servicesReligious activity01$18,221
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI Line 11B

“Directors disseminate and review returns”

Part VI Line 19

“All documents are available to general public upon written request”

Filing and Contact Details

Filer

Filer Name
Vision for Asia Inc
EIN
36-4942441
In Care Of
% Stephen Sturgeon
Phone
8593173179
Address
2083 Taylor Ridge Rd, Nicholasville, KY 40356

Signing Officer

Name
Stephen Sturgeon
Title
Chair
Phone
8593173179
Signed
2023-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Stephen Sturgeon
Legal Domicile
Ky
Voting Board Members
5
Independent Board Members
3
Employees
0

Preparer

Firm
Ron Houp Accounting & Tax
Address
202 S Maple, Wilmore, KY 40390
Preparer
Ronald Houp
Phone
8599481470
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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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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Ron Houp Accounting & Tax
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0202 S Maple
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Wilmore
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd040390
ReturnHeader/PreparerPersonGrp/PhoneNum08599481470
ReturnHeader/PreparerPersonGrp/PreparationDt02023-05-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RONALD HOUP
ReturnHeader/ReturnTs02023-05-15T19:09:06-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0STEPHEN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0STURGEON
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

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Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
$0
Net assets
$0
Revenue
$107,483
Expenses
$102,001
Net income
$5,482
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.25$0.00$0.25$1.73$1.48$0.25
2023Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.08$1.29$1.37$0.08
2022Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$1.07$1.02$0.05
2021Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.71$0.75$0.04