Civic Intelligence

New Vision Foundation

990PF • Fiscal year 2018 • EIN 81-2114563

Jan 01, 2018 to Dec 31, 2018 • Filed on Oct 23, 2019

1808 Riverside Ave Room 210Minneapolis, MN 55454

(612) 860-0883

Siviq Scores

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

Liabilities / Assets

75th percentile

0.06x

Higher debt load relative to assets than 75% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

73rd percentile

0.03x

Higher debt load relative to revenue than 73% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

80th percentile

25%

Higher net margin than 80% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

92nd percentile

$50,000

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 36.8% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

91st percentile

105%

Faster asset growth than 91% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

91st percentile

80%

Faster revenue growth than 91% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$69,649

Up $35,740 (+105%) from 2017

Net Assets

Up

$65,518

Up $32,167 (+96%) from 2017

Liabilities

Up

$4,131

Up $3,573 (+640%) from 2017

Revenue

Up

$135,742

Up $60,171 (+80%) from 2017

Expenses

Up

$101,940

Up $59,720 (+141%) from 2017

Net Income

Up

$33,802

Up $451 (+1.4%) from 2017

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2017: $33,909Liabilities 2017: $558Net Assets 2017: $33,3512017Assets 2018: $69,649Liabilities 2018: $4,131Net Assets 2018: $65,5182018Assets 2019: $295,575Liabilities 2019: $5,322Net Assets 2019: $290,2532019Assets 2020: $734,157Liabilities 2020: $56,546Net Assets 2020: $677,6112020Assets 2021: $1,210,057Liabilities 2021: $287,336Net Assets 2021: $922,7212021Assets 2022: $548,964Liabilities 2022: $117,337Net Assets 2022: $431,6272022Assets 2023: $809,224Liabilities 2023: $146,390Net Assets 2023: $662,8342023Assets 2024: $501,095Liabilities 2024: $44,052Net Assets 2024: $457,0432024

Highlighted filing

2018

Assets$69,649
Liabilities$4,131
Net Assets$65,518

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2017: $75,571Expenses 2017: $42,220Net Income 2017: $33,3512017Revenue 2018: $135,742Expenses 2018: $101,940Net Income 2018: $33,8022018Revenue 2019: $412,258Expenses 2019: $187,523Net Income 2019: $224,7352019Revenue 2020: $731,213Expenses 2020: $343,855Net Income 2020: $387,3582020Revenue 2021: $3,502,088Expenses 2021: $3,485,261Net Income 2021: $16,8272021Revenue 2022: $836,658Expenses 2022: $1,053,677Net Income 2022: -$217,0192022Revenue 2023: $1,311,594Expenses 2023: $1,135,076Net Income 2023: $176,5182023Revenue 2024: $1,051,574Expenses 2024: $1,257,365Net Income 2024: -$205,7912024

Highlighted filing

2018

Revenue$135,742
Expenses$101,940
Net Income$33,802
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Oct 23, 2019
Return Version
2018v3.1
Mission and Program Overview

Mission

New Vision Foundation is working with disadvantaged youth in Minnesota and is seeking a large scale embracing of information technology as a catalyst for wage and income growth. We believe that equitable access to information technology will be a major driver to creating a more inclusive and harmonious life for all Minnesotans.

Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Hussein FarahExecutive DirectorFT$50,000-$50,000
Filing and Contact Details

Filer

Filer Name
New Vision Foundation
EIN
81-2114563
Address
1808 Riverside Ave Room 210, Minneapolis, MN 55454

Signing Officer

Name
Hussein Farah
Title
Executive
Signed
2019-10-23
Discuss with paid preparer
No

Preparer

Firm
Farida Accounting & Consulting Services
Address
7426 10th Ave S, Richfield, MN 55423
Preparer
Farida Mohamed
Phone
6128600883
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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/BuildTS02019-02-21 02:37:17Z
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ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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