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International : Development and Relief Services

VisionSpring

Delivering affordable, high-quality eyeglasses in the developing world

three stars

87.00

505 Eighth Avenue Suite 12A-07
New York, NY 10018
tel: (212) 375-2599   Web Site
EIN: 31-1811558

Board Leadership
Reade Fahs
Chairman

CEO
Ella Gudwin
President

 
 
  Score
(out of 100)
Rating
Overall Score & Rating 87.00 three stars
  Financial 83.01 three stars
  Accountability & Transparency 93.00 four stars
This rating was published 08/01/2017 and includes data from FY2015, the most recent 990 received at that time.

VisionSpring's works to reduce poverty and generate opportunity in the developing world through the sale of affordable eyeglasses. VisionSpring is an innovative social enterprise dedicated to reducing poverty and generating opportunity in the developing world through the sale of affordable eyeglasses. Our goal is to create channels for the delivery of low-cost eyeglasses to ensure every individual has equitable access to the eye care products they need to live a full, productive life. VisionSpring trains local villagers to conduct outreach & vision screenings and sell high-quality, low-cost eyeglasses in their communities.

VisionSpring's works to reduce poverty and generate opportunity in the developing world through the sale of affordable eyeglasses. VisionSpring is an innovative social enterprise dedicated to reducing poverty and generating opportunity in the developing world through the sale of affordable eyeglasses. Our goal is to create channels for the delivery of low-cost eyeglasses to ensure every individual has equitable access to the eye care products they need to live a full, productive life. VisionSpring trains local villagers to conduct outreach & vision screenings and sell high-quality, low-cost eyeglasses in their communities.

Results Information

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Financial

three stars

83.01

Accountability & Transparency

four stars

93.00

This rating was published 08/01/2017 and includes data from FY2015, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
71.6%
  Administrative Expenses 15.9%
  Fundraising Expenses 12.4%
  Fundraising Efficiency $0.09
  Working Capital Ratio (years) 1.45
  Program Expenses Growth 3.3%
  Liabilities to Assets 5.9%
All data for Financial Performance Metrics calculations was provided by VisionSpring on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by VisionSpring on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
VisionSpring (NY) 87.00 three stars
Carolina for Kibera (NC) 95.96 four stars
American Jewish Joint Distribution Committee (NY) 92.92 four stars
International Samaritan (MI) 90.09 four stars
Project Mercy (IN) 88.89 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $3,281,925
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $105,363
Total Contributions $3,387,288
   Program Service Revenue $0
Total Primary Revenue $3,387,288
   Other Revenue $-11,994
TOTAL REVENUE $3,375,294
   
EXPENSES  
   Program Expenses $1,874,467
   Administrative Expenses $569,714
   Fundraising Expenses $372,464
TOTAL FUNCTIONAL EXPENSES $2,816,645
   
Payments to Affiliates $0
Excess (or Deficit) for the year $558,649
   
Net Assets $4,291,071

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Due to an error on this organization's Form 990, we are unable to display program information.

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2015-12 08/01/2017 87.00 three stars
2014-12 06/01/2016 93.83 four stars
 
CN 2.0
2013-12 08/01/2015 96.40 four stars
2012-12 05/01/2014 89.19 three stars
2011-12 07/01/2013 81.47 three stars
2010-12 08/01/2012 81.77 three stars
2010-12 04/01/2012 79.50 two stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 31-1811558
Name in IRS Master File VISIONSPRING
NTEE Code T12
NTEE Classification Fund Raising and/or Fund Distribution
NTEE Type Philanthropy, Voluntarism and Grantmaking Foundations
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date March, 2002
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • December, 2016
  • December, 2015
  • December, 2014
  • December, 2013
  • December, 2012

The data displayed in this profile is provided by the IRS for free in the form of Publication 78 and the Business Master File (BMF).

Compensation % of Expenses Paid to Title
$80,277 2.85% Kevin Hassey Chief Executive Officer
Other Salaries of Note
$158,429 5.62% Jordan Kassalow Founder/Secretary
$151,101 5.36% Peter Eliassen Chief Operating Officer

Highly Rated

Charity Name & State Overall Score Overall Rating
VisionSpring (NY) 87.00 three stars
Catholic Relief Services (MD) 90.91 four stars
Loving Shepherd Ministries (IN) 93.70 four stars
InterAction (DC) 86.48 three stars
Russian Children's Welfare Society (NY) 89.31 three stars

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Charity Contact Info

VisionSpring
505 Eighth Avenue
Suite 12A-07
New York, NY 10018
tel: (212) 375-2599
EIN: 31-1811558

Visit Web Site

Board Leadership

Reade Fahs
Chairman

CEO

Ella Gudwin
President

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