Overview
What is Vision Charitable Trust?
Vision Charitable Trust is a nonprofit organization affiliated with My Faith Votes, based in Parker, Colorado. Their mission is rooted in presenting a Biblical ministry, aiming to provide hope, encouragement, strength, and involvement to individuals. This ministry serves to disseminate the teachings of Jesus Christ, addressing both the physical, emotional, and spiritual needs of people. The trust operates under My Faith Votes, inspiring Christians to actively engage in the electoral process as a means to shape culture. They employ a broad network approach to maximize their influence.
Official website here: www.myfaithvotes.orgvisioncharitabletrust
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88%, Three-Star out of Four Star rating from Charity Navigator.
Vision Charitable Trust demonstrates a strong commitment to accountability and finance, reflected in their 88% score in this category. The organization has a well-structured independent board, with 55% of members being independent, and it excels in financial oversight, having no material diversion of assets and maintaining a high program expense ratio of 83.88%. Their fundraising efficiency is commendable, indicating effective use of resources for their mission.
The trust also scores well in leadership and adaptability, achieving a perfect score. They have shown a solid investment in leadership development and possess a clear focus on mobilizing their mission, which suggests a proactive approach to meeting their goals. Additionally, they have established policies for conflict of interest and whistleblowing, demonstrating a strong ethical framework.
However, the organization faces a limitation in its working capital ratio, which stands at only 0.18 years. This could indicate potential liquidity challenges, suggesting that while they are effective in program delivery, they may need to bolster their financial reserves to ensure long-term sustainability. Overall, Vision Charitable Trust shows significant strengths, but addressing the working capital situation would enhance their financial stability.
This AI summary has been generated from information found on Charity Navigator.
Is Vision Charitable Trust legitimate?
Vision Charitable Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vision Charitable Trust submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $410,960
Professional Fundraising Fees: $179,318
Other Salaries and Wages: $709,719
For more financial information, click here
Official website here: www.myfaithvotes.orgvisioncharitabletrust
What is the mission statement of Vision Charitable Trust?
Vision Charitable Trust, part of My Faith Votes, focuses on delivering a Biblical ministry that offers hope, encouragement, strength, and involvement. Its primary goal is to spread the teachings of Jesus Christ, aiming to address the physical, emotional, and spiritual needs of individuals. This organization operates under My Faith Votes to motivate Christians to actively engage in the political process as a means to influence societal culture. Utilizing a broad network strategy, Vision Charitable Trust aims to maximize its impact.
Official website here: www.myfaithvotes.orgvisioncharitabletrust
Who is the CEO of Vision Charitable Trust?
Jason Yates is the CEO of Vision Charitable Trust The CEO's salary of Vision Charitable Trust is $200,000 and their total compensation is $204,895.
Official website here: www.myfaithvotes.orgvisioncharitabletrust
What is the revenue of Vision Charitable Trust?
Vision Charitable Trust's revenue in 2023 was $4,650,821.
Official website here: www.myfaithvotes.orgvisioncharitabletrust
Who are the executives of Vision Charitable Trust and what are their salaries?
The average compensation at Vision Charitable Trust during 2023 was $70,042. There are 16 employees and 9880 volunteers at Vision Charitable Trust.
Here are 11 key members and their salaries (Vision Charitable Trust's CEO's salary is $200,000 and their total compensation is $204,895):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $200,000
- Related: $0
- Other: $4,895
- Compensation: $66,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $131,250
- Related: $0
- Other: $8,815
- Compensation: $116,154
- Related: $0
- Other: $0
Official website here: www.myfaithvotes.orgvisioncharitabletrust
Where can I find the form 990 for Vision Charitable Trust?
Vision Charitable Trust's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.myfaithvotes.orgvisioncharitabletrust
Learn more at the official website: www.myfaithvotes.orgvisioncharitabletrust
Mission Statement of Vision Charitable Trust
Vision Charitable Trust, operating under My Faith Votes, is dedicated to delivering a Biblical ministry that instills hope, encouragement, strength, and involvement. Their mission is to spread the teachings of Jesus Christ, aiming to address the varied needs of individuals on a spiritual, emotional, and physical level. By leveraging a broad network strategy, Vision Charitable Trust aims to inspire Christians to actively engage in the electoral process, recognizing its potential to shape culture. This organization's work is centered around inspiring and empowering individuals to participate in societal matters, ultimately contributing to a positive impact.
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Impact
July, 2024
Vision Charitable Trust, operating under My Faith Votes, has a significant impact on inspiring Christians to actively participate in the electoral process as a means to influence culture. By presenting a Biblical ministry focused on hope, encouragement, strength, and involvement, the trust aims to spread the Gospel of Jesus Christ to help meet the physical, emotional, and spiritual needs of people. Through its activities in Parker, CO, Vision Charitable Trust leverages a broad network strategy to inspire and mobilize individuals to engage in the democratic process, potentially shaping societal values and norms.
This information is meant to be a general summary of Vision Charitable Trust. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Gross Receipts: $4,650,821
Assets and Liabilities:
- Total Assets: $1,672,238
- Total Liabilities: $290,990
- Net Assets: $1,381,248
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Organization Details
Founding Year
2003
Principal Officer
Jason Yates
NTEE Category
Code: T22 - Philanthropy
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