NEW VISION HOLDINGS INC

EIN: 352605505

SAN DIEGO, CA

Total Revenue
$883,580
Total Expenses
$1,939,355
Total Assets
$30,572,441
Net Assets
$30,552,441
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
CA
Principal Officer
PETER CONTRERAS
Tax Period
2023-01-01 to 2023-12-31

NEW VISION HOLDINGS INC, founded in 2018, is a small nonprofit that reported $884K in total revenue in fiscal year 2023. Expenses of $1.9M exceeded revenue, resulting in a 119% operating deficit.

Mission

WE EXIST SOLELY AS A TITLE HOLDING COMPANY FOR THE NEW VISION CHRISTIAN FELLOWSHIP.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $120,000
Investment Income $763,580
Other Revenue $0
TOTAL REVENUE $883,580

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,939,355
Other Expenses $1,939,355
TOTAL EXPENSES $1,939,355

Year-over-Year Comparison

2023 2022 Change
Revenue $883,580 N/A N/A
Expenses $1,939,355 N/A N/A
Net Income $-1,055,775 N/A N/A
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PETER CONTRERAS PRESIDENT 0.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $883,580 $1,939,355 $30,572,441 $-1,055,775
2022 $768,803 $1,924,678 $29,179,227 $-1,155,875
2021 $3,168,585 $1,766,504 $33,218,577 $1,402,081
2020 $2,359,048 $1,246,108 $31,816,496 $1,112,940
2019 $1,709,951 $1,215,635 $30,703,557 $494,316
2018 $350,815 $2,680,138 $30,114,672 $-2,329,323
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