Vision USA - the Kentucky Vision Project Inc is a 501(c)(3) organization based in Frankfort, Kentucky, registered in 1985, with $2,850 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$2,850
▼ 21.8% vs prior year
Health median: $840K
Expenses (FY2024)
$3,561
Net assets
-$28K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Vision USA - the Kentucky Vision Project Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Vision USA - the Kentucky Vision Project Inc: 0 mo reserves · -25% margin earns a F on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Vision USA - the Kentucky Vision Project Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Vision USA - the Kentucky Vision Project Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $30K (FY2010) to $2,850 (FY2024) across 15 reported years.
Financial snapshot
Operating margin
-24.9%
Spent more than it raised in the latest fiscal year.
Total assets
$9,649
Total liabilities
$38K
Net assets
-$28K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,850▼21.8% | $3,561▲14.1% | -$27,901▼2.6% | $9,649▼6.9% | 990EZ |
| 2023 | $3,644▼43.5% | $3,120▲6.3% | -$27,190▲1.9% | $10,360▲5.3% | 990EZ |
| 2022 | $6,449▲49.3% | $2,934▲1.8% | -$27,714▲11.3% | $9,836▲55.6% | 990EZ |
| 2021 | $4,319▲9.1% | $2,881▼13.4% | -$31,228▲4.4% | $6,321▲29.4% | 990EZ |
| 2020 | $3,960▼80.0% | $3,325▼81.9% | -$32,666▲1.9% | $4,884▲14.9% | 990EZ |
| 2019 | $19,840▲112% | $18,379▲109% | -$33,301▲4.2% | $4,249▲52.4% | 990EZ |
| 2018 | $9,376▼39.8% | $8,795▼71.6% | -$34,761▲1.6% | $2,788▲26.3% | 990EZ |
| 2017 | $15,562▼37.6% | $31,001▼4.6% | -$35,343▼77.6% | $2,208▼60.9% | 990EZ |
| 2016 | $24,928▼22.2% | $32,501▲8.4% | -$19,903▼61.4% | $5,646▼57.3% | 990EZ |
| 2015 | $32,041▼1.1% | $29,992▼4.8% | -$12,330▲14.2% | $13,220▲18.3% | 990EZ |
| 2014 | $32,398▲1.0% | $31,488▲25.1% | -$14,379▲6.0% | $11,171▲8.9% | 990EZ |
| 2013 | $32,077▲92.3% | $25,174▲4.9% | -$15,289▲31.1% | $10,261▲206% | 990EZ |
| 2012 | $16,677▼13.9% | $23,988▼17.5% | -$22,192▼49.1% | $3,358▼40.5% | 990EZ |
| 2011 | $19,380▼35.6% | $29,074▲7.8% | -$14,881▼187% | $5,644▼45.3% | 990EZ |
| 2010 | $30,083 | $26,975 | -$5,187 | $10,313 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Vision USA - the Kentucky Vision Project Inc (EIN 31-1144469) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.