Charity Search / NEW VISION HOUSING FOUNDATION INC
Housing & Shelter (L21) 990 on File

NEW VISION HOUSING FOUNDATION INC

EIN: 45-3413645 · OCEAN RIDGE, FL 33435-5244 · United States · FY 2024 Data
2 out of 5 36 / 100 Based on 2+ years of filings
Financial strength (30%) 43/100
Reliability (20%) 50/100
Effectiveness (25%) 51/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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CharityAI™ Score
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Financial Overview — FY 2024
$0
Total Revenue
$60K
Total Expenses
$-900,178
Net Assets
0
Employees
Expense Breakdown
Program Expense Ratio 66.4%
Fundraising Efficiency N/A
Operating Reserve -179.86x
Liability-to-Asset 246.2%
Revenue Diversification N/A
Compared with Peers
FY 2024
Compared with 2,316 similar organizations (United States, Housing & Shelter, under $100K in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
66.4% 84.3%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
33.6% 14.2%
P10P90
Below median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 0.0%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
-179.9 mo 35.8 mo
P10P90
Bottom quarter
Liabilities to assets
Total liabilities / total assets · lower is better
246.2% 3.2%
P10P90
Bottom quarter
Revenue growth
Year over year revenue growth
-100.0% 1.3%
P10P90
Expense growth
Year over year expense growth
-54.9% -1.8%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $0 $60K $-900,178 66.4% 0
2023 $100K $133K $-840,118 97.7% 0
2022 $0 $425K $-807,040 99.4% 0
2021 $0 $348K N/A 0
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Organization Details
EIN
45-3413645
State
FL
City
OCEAN RIDGE
ZIP
33435-5244
Classification
L21
Category
Housing & Shelter
Rating
2★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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