Project Vision Inc in Chicago, Illinois (IL)

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Project Vision Inc
Employer Identification Number (EIN)200293881
Name of OrganizationProject Vision Inc
In Care of NameJennifer Lau
Address2301 S Archer Ave First Floor Rear, Chicago, IL 60616
SubsectionEducational Organization
Ruling Date03/2004
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 Period2008
Assets$10,000 to $24,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$13,933
Amount of Income$52,346
Form 990 Revenue Amount$49,829
National Taxonomy of Exempt Entities (NTEE)Youth Development: Youth Development Programs, Other


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Financial snapshot ($)

Revenue for 2011

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2011)
Total revenue$43,208
Contributions, gifts, grants, and similar amounts received$28,771
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$0
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$14,024
Gross income from gaming$0
Gross income from fundraising events$14,995
Less: direct expenses from gaming and fundraising events$971
Gross profit from sales of inventory$0
Other revenue$413
Total expenses$42,394
Total net assets$11,930
Excess for the year$814
Net assets or fund balances at beginning of year$9,776
Other changes in net assets or fund balances$1,340
Balance Sheets (for 2011)
Total assets$13,440
Total liabilities$1,510
Net assets or fund balances$11,930
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$144,181
Gifts, grants, contributions, and membership fees received$56,445
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$85,030
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
Other$2,706
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