Overview
What is New Vision Foundation?
The New Vision Foundation is a nonprofit organization situated in St. Paul, Minnesota, specifically at 860 Vandalia Street. Their primary mission is to inspire and empower disadvantaged youth and young adults across Minnesota by offering coding and digital literacy courses. These classes are designed to cater to various age groups, including middle and high school students, young adults between the ages of 19 and 35, and older adults above 35. In 2022, the foundation managed to serve over 1,200 participants across the state. The New Vision Foundation's activities aim to create pathways to success for its participants, thereby contributing positively to their lives and the broader Minnesota community.
Official website here: www.nu-viz.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85%, Three-Star out of Four Star rating.
New Vision Foundation has achieved a strong score of 85%, primarily reflecting its high level of accountability and financial management. With a perfect score for having an entirely independent board and no material diversion of assets, the organization demonstrates a commitment to transparency and ethical governance. The foundation's program expense ratio of 95.79% indicates that the majority of its expenditures are directed towards its mission-driven activities, which is a positive sign for potential donors.
The organization has implemented several important policies, including those related to conflict of interest and whistleblower protections, which further enhance its accountability framework. Additionally, all required documents are accessible on its website, indicating a proactive approach to transparency. The liabilities to assets ratio of 21.37% suggests a manageable level of debt relative to its assets, which may instill confidence in its financial stability.
While New Vision Foundation's rating is commendable, the single beacon score means that this evaluation is heavily focused on accountability and finance, without incorporating other aspects like programmatic impact or outcomes. Prospective supporters may want to seek further information about the foundation's effectiveness in achieving its mission and long-term goals.
This AI summary has been generated from information found on Charity Navigator.
Is New Vision Foundation legitimate?
New Vision Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Vision Foundation 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: $102,989
Professional Fundraising Fees: $22,500
Other Salaries and Wages: $524,025
For more financial information, click here
Official website here: www.nu-viz.org
What is the mission statement of New Vision Foundation?
The New Vision Foundation's mission is centered around empowering disadvantaged youth and young adults across various age groups in Minnesota. By offering coding and digital literacy classes, the foundation aims to provide pathways to success, inspiring individuals to overcome barriers and enhance their prospects. In 2022, the foundation served over 1,200 participants statewide, extending its programs to Twin Cities schools and cities such as St. Cloud, Wilmar, and Rochester. The foundation's efforts encompass middle school and high school students, as well as young adults and older adults, aiming to equip them with essential digital skills.
Official website here: www.nu-viz.org
Who is the CEO of New Vision Foundation?
Hussein Farah is the Executive Dir. of New Vision Foundation.
Official website here: www.nu-viz.org
What is the revenue of New Vision Foundation?
New Vision Foundation's revenue in 2022 was $836,658.
Official website here: www.nu-viz.org
Who are the executives of New Vision Foundation and what are their salaries?
The average compensation at New Vision Foundation during 2022 was $39,188. There are 16 employees and 7 volunteers at New Vision Foundation.
Here are 8 key members and their salaries:
- Compensation: $102,989
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Official website here: www.nu-viz.org
Where can I find the form 990 for New Vision Foundation?
New Vision Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nu-viz.org
Learn more at the official website: www.nu-viz.org
Mission Statement of New Vision Foundation
The New Vision Foundation, a nonprofit organization, is dedicated to facilitating paths to success for disadvantaged youth and young adults in Minnesota. They achieve this mission by offering coding and digital literacy classes. These classes are designed to inspire and equip individuals, ranging from middle school students to young adults aged 19-35, as well as older adults beyond 35. In 2022, the foundation extended its reach, serving over 1,200 participants across the state, including the Twin Cities and cities such as St. Cloud, Wilmar, and Rochester. By providing these essential digital skills, New Vision Foundation empowers its participants to navigate the modern world with confidence and opportunity.
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Impact
July, 2024
New Vision Foundation has made a significant impact by providing coding and digital literacy classes to disadvantaged youth and young adults in Minnesota. Through their programs, they have motivated over 1,200 participants statewide, including students in Twin Cities schools and cities like St. Cloud, Wilmar, and Rochester. By offering these skills to individuals of various age groups, New Vision Foundation is creating pathways to success and empowering the community to thrive in the digital age.
This information is meant to be a general summary of New Vision Foundation. 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 2022.
- Investment Income: $155
- Program Service Revenue: $72,730
- Gross Receipts: $836,658
Assets and Liabilities:
- Total Assets: $548,964
- Total Liabilities: $117,337
- Net Assets: $431,627
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program Service Fees
Revenue
$72,730
Organization Details
Founding Year
2016
Phone
(651) 340-9742Principal Officer
Hussein Farah
Main Address
860 Vandalia Street, St Paul, MN, 55114
Website
www.nu-viz.orgNTEE Category
Code: Q30 - International
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