Vision Credit Education Inc in Apex, North Carolina (NC)

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Vision Credit Education Inc
Employer Identification Number (EIN)201987828
Name of OrganizationVision Credit Education Inc
In Care of NameKenneth Long
Address1159 Alsace Dr, Apex, NC 27502
Websitehttp://visioncredit.org
SubsectionCharitable Organization, Educational Organization
Ruling Date12/2006
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period2013
Assets$0
Income$0
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$20,827
Amount of Income$56,450
Form 990 Revenue Amount$56,450
National Taxonomy of Exempt Entities (NTEE)Human Services - Multipurpose and Other: Financial Counseling, Money Management


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Amount of income in 2013: $56,450 (it was $0 in 2012)
This organization: 

 $56,450
Other organizations performing similar types of work: 

 $156,466

Assets in 2013: $20,827 (it was $0 in 2012)
This organization: 

 $20,827
Other organizations performing similar types of work: 

 $45,042

Expenses in 2011: $37,892
This organization: 

 $37,892
Other organizations performing similar types of work: 

 $135,428

Income to expenses ratio in 2011: 1.5
Vision Credit Education Inc: 

 1.5
Other organizations performing similar types of work: 

 1.3

Grants share in income in 2011: 71.3%
Vision Credit Education Inc: 

 71.3%
Other organizations performing similar types of work: 

 90.6%

Financial snapshot ($)

Revenue for 2011

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2011)
Total revenue$56,450
Contributions, gifts, grants, and similar amounts received$40,241
Program service revenue including government fees and contracts$16,209
Membership dues and assessments$0
Investment income$0
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$0
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$37,892
Total net assets$20,827
Excess for the year$18,558
Net assets or fund balances at beginning of year$2,269
Other changes in net assets or fund balances$0
Balance Sheets (for 2011)
Total assets$20,827
Total liabilities$0
Net assets or fund balances$20,827
Other Information (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975
Support Schedule for Organizations Described in Section 509(a)(2) (for 2011)
2007 - 2011 Total
Total support$116,659
Gifts, grants, contributions, and membership fees received$92,681
Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose$23,978
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources and Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Supporting Economic Empowerment And Development Of Oakland, Self-Help Economic Development Inc301 W Main Street, Durham, NC 27701NC2007-06$267,769
2Latino Family Center Of Greater High Point903 W English Rd, High Point, NC 27262-6819NC2010-07$103,135
3Grace-Mar Services IncPo Box 480323, Charlotte, NC 28269NC2010-06$75,073
4Financial Security SolutionsPo Box 1955, Fletcher, NC 28732NC2008-10$70,664
5Vision Credit Education Inc1159 Alsace Dr, Apex, NC 27502NC2006-12$56,450
6Faith Essentials6671 Old Fairground Rd, Benson, NC 27504-6125NC2014-05$1,114
7Aj Financial IncPo Box 480032, Charlotte, NC 28269NC2007-01$0
8American Financial Education Alliance8510 Mcalpine Park Dr Ste 201, Charlotte, NC 28211NC2012-03$0
9Auxesis Outreach IncPo Box 154, Wake Forest, NC 27588NC2014-09$0
10Castle Inc203 Youngsford Ct, Cary, NC 27513-1757NC2012-09$0
11Center For Smart Financial Choices1922 S Mlk Drive Box P, Winston Salem, NC 27107NC2012-08$0
12Connect Financial MinistriesPo Box 1453, Matthews, NC 28105NC2011-07$0
13Family Housing And Credit Solutions5313 Bentgrass Dr, Raleigh, NC 27610-2136NC2005-12$0
14Financial Destiny8510 Blackstone Dr, Colfax, NC 27235-9774NC2014-12$0
15Financial Freedom Club1815 Kildaire Farm Road Suite A, Cary, NC 27518NC2008-05$0
16Freedom 20005561 N Croatan Hwy Ste 112, Kitty Hawk, NC 27949-3996NC2011-12$0
17Fueling Up To Unleash Resiliency Through Education3013 Woodland Avenue, New Bern, NC 28562NC2014-10$0
18Future Buying Power Initiative Inc7423 Hopeton Rd, Charlotte, NC 28210-5153NC2005-02$0
19G & O Enterprises Inc4822 Albemarle Rd Ste 232, Charlotte, NC 28205-6669NC2002-03$0
20Get Home Safe6101 A Market Street, Wilmington, NC 28405NC2014-08$0
Number of organizations performing similar types of work
Alaska1
Alabama15
Arkansas13
Arizona28
California156
Colorado14
Connecticut7
District of Columbia14
Delaware5
Florida119
Georgia76
Hawaii3
Iowa14
Idaho7
Illinois62
Indiana14
Kansas6
Kentucky6
Louisiana21
Massachusetts21
Maryland52
Maine4
Michigan33
Minnesota23
Missouri19
Mississippi10
Montana8
North Carolina46
North Dakota1
Nebraska5
New Hampshire2
New Jersey29
New Mexico6
Nevada12
New York51
Ohio36
Oklahoma9
Oregon22
Pennsylvania32
South Carolina21
South Dakota9
Tennessee25
Texas81
Utah11
Virginia34
Washington30
Wisconsin18
West Virginia3
Wyoming5
International1
Total1,240

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