Civic Intelligence

Vision Forward Association Foundation Inc

990 • Fiscal year 2020 • EIN 39-2040359

Apr 01, 2019 to Mar 31, 2020 • Filed on Sep 09, 2020

912 North Hawley RoadMilwaukee, WI 53213-3292

(414) 615-0100

Siviq Scores

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

Liabilities / Assets

25th percentile

0.03x

Higher debt load relative to assets than 25% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Liabilities / Revenue

27th percentile

0.08x

Higher debt load relative to revenue than 27% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Net Margin

10th percentile

-34%

Higher net margin than 10% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Top Officer Pay

63rd percentile

$152,600

Higher top officer pay than 63% of similar nonprofits.

Top officer pay equals 7.6% of source-year revenue.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Asset Growth

4th percentile

-17%

Faster asset growth than 4% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Revenue Growth

18th percentile

-23%

Faster revenue growth than 18% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Assets

Down

$5,681,006

Down $1,157,615 (-17%) from 2019

Net Assets

Down

$5,519,085

Down $1,120,700 (-17%) from 2019

Liabilities

Down

$161,921

Down $36,915 (-19%) from 2019

Revenue

Down

$1,996,881

Down $583,859 (-23%) from 2019

Expenses

Up

$2,679,108

Up $873,827 (+48%) from 2019

Net Income

Down

-$682,227

Down $1,457,686 (-188%) from 2019

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2011: $8,298,027Liabilities 2011: $278,763Net Assets 2011: $8,019,2642011Assets 2012: $9,478,508Liabilities 2012: $621,221Net Assets 2012: $8,857,2872012Assets 2013: $9,254,950Liabilities 2013: $564,309Net Assets 2013: $8,690,6412013Assets 2014: $8,440,614Liabilities 2014: $439,381Net Assets 2014: $8,001,2332014Assets 2015: $8,245,604Liabilities 2015: $396,561Net Assets 2015: $7,849,0432015Assets 2016: $6,991,800Liabilities 2016: $297,699Net Assets 2016: $6,694,1012016Assets 2017: $6,559,352Liabilities 2017: $260,392Net Assets 2017: $6,298,9602017Assets 2018: $6,418,308Liabilities 2018: $586,203Net Assets 2018: $5,832,1052018Assets 2019: $6,838,621Liabilities 2019: $198,836Net Assets 2019: $6,639,7852019Assets 2020: $5,681,006Liabilities 2020: $161,921Net Assets 2020: $5,519,0852020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021

Highlighted filing

2020

Assets$5,681,006
Liabilities$161,921
Net Assets$5,519,085

Operations Trend

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

$4.0M$2.0M$0-$2.0MExpenses 2011: $1,803,5502011Revenue 2012: $3,978,222Expenses 2012: $3,232,702Net Income 2012: $745,5202012Revenue 2013: $2,171,649Expenses 2013: $2,213,209Net Income 2013: -$41,5602013Revenue 2014: $1,683,581Expenses 2014: $2,640,950Net Income 2014: -$957,3692014Revenue 2015: $2,546,368Expenses 2015: $2,625,538Net Income 2015: -$79,1702015Revenue 2016: $1,605,663Expenses 2016: $2,408,383Net Income 2016: -$802,7202016Revenue 2017: $1,629,033Expenses 2017: $2,209,431Net Income 2017: -$580,3982017Revenue 2018: $1,663,727Expenses 2018: $2,179,782Net Income 2018: -$516,0552018Revenue 2019: $2,580,740Expenses 2019: $1,805,281Net Income 2019: $775,4592019Revenue 2020: $1,996,881Expenses 2020: $2,679,108Net Income 2020: -$682,2272020Revenue 2021: $1,753,181Expenses 2021: $305,158Net Income 2021: $1,448,0232021

Highlighted filing

2020

Revenue$1,996,881
Expenses$2,679,108
Net Income-$682,227
Jump To
Filing Snapshot
Filing Period
Apr 1, 2019 to Mar 31, 2020
Signed
Sep 9, 2020
Return Version
2019v5.1
Gross Receipts
$4,451,457
Mission and Program Overview

Mission

The mission of the vision forward association foundation is to serve as a vehicle for raising and managing funding used to support programs that serve and benefit individuals dealing with blindness or vision impairment and their families.

To serve as a vehicle for raising and managing funding used to support programs that serve and benefit individuals dealing with blindness or vision impairment and their families.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$6,311,502$5,236,545▼ $1,074,957
Pledges and Grants Receivable$523,352$440,395▼ $82,957
Savings and Temporary Cash Investments$3,767$4,066▲ $299
Total Assets$6,838,621$5,681,006▼ $1,157,615
Liabilities
Accounts Payable and Accrued Expenses$198,836$161,921▼ $36,915
Total Liabilities$198,836$161,921▼ $36,915
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$5,152,861$4,138,718▼ $1,014,143
Net Assets With Donor Restrictions$1,486,924$1,380,367▼ $106,557
Total Net Assets Fund Balance$6,639,785$5,519,085▼ $1,120,700
Total Liabilities and Net Assets / Fund Balance$6,838,621$5,681,006▼ $1,157,615

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$6,311,503$254,390▼ $143,190$1,150,000$5,236,546
2019$5,651,483$515,981▲ $1,032,392$850,000$6,311,503
2018$4,177,484$1,887,836▲ $364,149$751,844$5,651,483
2017$4,970,434$89,387▲ $394,496$1,250,000$4,177,484
2016$6,481,161$95,013▼ $126,493$1,445,013$4,970,434
Compensation and Service Providers

Employees

NameTitleOtherTotal
Matt LemkeFinance Director$103,600$103,600

Board Members and Trustees

NameTitle
Dave StrelitzPresident
James DobrinskaVice President
Jill MargetBoard Member
John MarekBoard Member
Joseph N SkotarzakBoard Member
Kathleen MeyerBoard Member
Terence LynchBoard Member
Terri DavisExecutive Director
Revenue and Support

Revenue Composition

Contributions and Grants
$1,697,215
Program Service Revenue
$0
Investment Income
$299,666
Other Revenue
$0
All Other Contributions
$1,655,719
Change in Net Assets
$-682,227
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$2,207,045
Other Expenses$472,063
Total Fundraising Expense$472,063
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$2,207,045--$2,207,045
Fees for Service Investment Mgmnt Fees--$36,687$36,687
Occupancy--$18,555$18,555
Fees for Services Other--$17,674$17,674
Office Expenses--$14,512$14,512
Information Technology--$10,059$10,059
Advertising--$4,229$4,229
Fees for Services Accounting--$2,580$2,580
Conferences and Meetings--$1,828$1,828
Other Expenses--$310$310
Fees for Services Legal--$294$294
Travel--$102$102
Total Functional Expenses$2,207,045$0$472,063$2,679,108
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Vision Forward Association IncorporatedMilwaukee, WI501(c)3Operating Expenses$2,207,045
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
Audit committee
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

Classes of members: per article v of the articles of incorporation, the sole member of the corporation shall be vision forward association, incorporated. The sole member shall have the right to vote and such additional rights and powers as shall be set forth in the by-laws of the corporation or conferred upon voting members of nonstock corporations under the law.

Form 990, Part VI, Section A, Line 7A

See line 6 explanation above

Form 990, Part VI, Section A, Line 7B

Decisions of governing body subject to approval by member decisions made by the vision forward association foundation board of directors are subject to the review and approval of the member's board of directors.

Form 990, Part VI, Section B, Line 11B

Review of form 990: a copy of the 990 form is either mailed or e-mailed to the voting members of the board of directors and they then review it at their discretion. No formal review of the form 990 with the voting board members is conducted by the organization.

Form 990, Part VI, Section B, Line 12C

Conflict of interest policy: the conflict of interest policy is shared and signed by all board members at the beginning of the calendar year. The board president discusses the conflict of interest policy with all newly appointed directors and it is discussed at various board meetings throughout the year.

Form 990, Part VI, Section C, Line 19

Governing/conflict of interest documents available to the public: release of these documents is determined on a case-by-case basis based upon formal requests received by the organization for any or all documents.

Filing and Contact Details

Filer

Filer Name
Vision Forward Association
EIN
39-2040359
Phone
4146150100
Address
912 NORTH HAWLEY ROAD, MILWAUKEE, WI 53213-3292

Signing Officer

Name
Scott Marr
Title
President
Phone
4146150100
Signed
2020-09-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Scott Marr
Formed
2001
Legal Domicile
Wi
Voting Board Members
8
Independent Board Members
7
Employees
0
Volunteers
156

Preparer

Firm
Sva Certified Public Accts Sc
Address
1221 JOHN Q HAMMONS DRIVE, MADISON, WI 53717
Preparer
Douglas Berry
Phone
6088318181
Supplemental Narrative

Financial Statement Notes

Form 990 Schedule D Part V Line 4

Use of endowment funds: the organization uses its endowment funds to support the general operations of the organization.

Raw XML AppendixShowing 400 of 504 raw XML fields

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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IRS990/PYTotalRevenueAmt02580740
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-682227
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
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IRS990/ReportOtherAssetsInd00
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IRS990/SavingsAndTempCashInvstGrp/EOYAmt04066
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IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
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IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt02207045
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0VISION FORWARD ASSOCIATION INCORPORATED
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0254390
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt05236546
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-143190
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt01150000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt038353
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt05651483
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0515981
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt06311503
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01032392
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IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt01887836
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt05651483
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0364149
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IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt04970434
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt089387
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt04177484
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0394496
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt01250000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt034234
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt06481161
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt095013
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt04970434
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-126493
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt01445013
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.17950
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0USE OF ENDOWMENT FUNDS: THE ORGANIZATION USES ITS ENDOWMENT FUNDS TO SUPPORT THE GENERAL OPERATIONS OF THE ORGANIZATION.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 SCHEDULE D PART V LINE 4
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IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt02207045
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)3
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0OPERATING EXPENSES
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0VISION FORWARD ASSOCIATION INCORPORATED
IRS990ScheduleI/RecipientTable/RecipientEIN0390808506
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0912 NORTH HAWLEY ROAD
IRS990ScheduleI/RecipientTable/USAddress/CityNm0MILWAUKEE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0WI
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd0532133292
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0NA
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS: THE ORGANIZATION MONITORS THE USE OF THE GRANT FUNDS BY SHARED MANAGEMENT AND SHARED RESOURCES WITH THE ORGANIZATION THAT RECEIVED THE GRANT IN THE CURRENT YEAR.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt05900
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0TERRI DAVIS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0152600
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CLASSES OF MEMBERS: PER ARTICLE V OF THE ARTICLES OF INCORPORATION, THE SOLE MEMBER OF THE CORPORATION SHALL BE VISION FORWARD ASSOCIATION, INCORPORATED. THE SOLE MEMBER SHALL HAVE THE RIGHT TO VOTE AND SUCH ADDITIONAL RIGHTS AND POWERS AS SHALL BE SET FORTH IN THE BY-LAWS OF THE CORPORATION OR CONFERRED UPON VOTING MEMBERS OF NONSTOCK CORPORATIONS UNDER THE LAW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1SEE LINE 6 EXPLANATION ABOVE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DECISIONS OF GOVERNING BODY SUBJECT TO APPROVAL BY MEMBER DECISIONS MADE BY THE VISION FORWARD ASSOCIATION FOUNDATION BOARD OF DIRECTORS ARE SUBJECT TO THE REVIEW AND APPROVAL OF THE MEMBER'S BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3REVIEW OF FORM 990: A COPY OF THE 990 FORM IS EITHER MAILED OR E-MAILED TO THE VOTING MEMBERS OF THE BOARD OF DIRECTORS AND THEY THEN REVIEW IT AT THEIR DISCRETION. NO FORMAL REVIEW OF THE FORM 990 WITH THE VOTING BOARD MEMBERS IS CONDUCTED BY THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CONFLICT OF INTEREST POLICY: THE CONFLICT OF INTEREST POLICY IS SHARED AND SIGNED BY ALL BOARD MEMBERS AT THE BEGINNING OF THE CALENDAR YEAR. THE BOARD PRESIDENT DISCUSSES THE CONFLICT OF INTEREST POLICY WITH ALL NEWLY APPOINTED DIRECTORS AND IT IS DISCUSSED AT VARIOUS BOARD MEETINGS THROUGHOUT THE YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GOVERNING/CONFLICT OF INTEREST DOCUMENTS AVAILABLE TO THE PUBLIC: RELEASE OF THESE DOCUMENTS IS DETERMINED ON A CASE-BY-CASE BASIS BASED UPON FORMAL REQUESTS RECEIVED BY THE ORGANIZATION FOR ANY OR ALL DOCUMENTS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
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IRS990ScheduleR/AssetSaleToOtherOrgInd00
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IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0VISION FORWARD ASSOCIATION INCORPORATED
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0390808506
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0AWARENESS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0912 NORTH HAWLEY ROAD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0MILWAUKEE

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