Nonprofit · EIN 30-0631814
NEW VISION PROPERTIES INC
Tax-exempt · LOS ANGELES, CA 90016
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $493,146 | $583,404 | -$90,258 | $2,416,334 | $2,586,254 | -$169,920 |
| June 30, 2024 | 990 | $563,735 | $534,109 | $29,626 | $2,980,486 | $3,060,148 | -$79,662 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $493,146
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $3,800
- Occupancy
- $341,991
- Depreciation
- $171,206
- Program services (functional)
- $352,263
- Management and general (functional)
- $231,141
Balance sheet and other
- Total assets, start of year
- $2,980,486
- Total assets, end of year
- $2,416,334
- Total liabilities, end of year
- $2,586,254
- Net assets, end of year
- -$169,920
- Land, buildings and equipment
- $898,869
- Net assets without donor restrictions
- -$169,920
- Gross receipts
- $493,146
- Employees
- 0
- Volunteers
- 3
- Year formed
- 2010
- State of legal domicile
- CA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MATT ALBERT | PRESIDENT Trustee or director, Officer | 1 | $0 |
| SUSAN NICKERSON | SECRETARY Trustee or director, Officer | 1 | $0 |
| ROGER LOWENSTEIN | MEMBER Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MATT ALBERT | PRESIDENT Trustee or director, Officer | 1 | $0 |
| SUSAN NICKERSON | SECRETARY Trustee or director, Officer | 1 | $0 |
| ROGER LOWENSTEIN | MEMBER Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 5301 W WASHINGTON BLVD, LOS ANGELES, CA 90016-1128
- Principal officer (990 for 2024)
- MATT ALBERT, 5301 W WASHINGTON BLVD, LOS ANGELES, CA 90016
- Signed the 990
- MATT ALBERT, PRESIDENT
- Phone
- (323) 939-6400
- Return prepared by
- CHRISTY WHITE ASSOCIATES
Mission
NEW VISION PROPERTIES' PRIMARY PURPOSE IS THE FINANCING, DEVELOPMENT, LEASING AND MAINTENANCE OF SCHOOL EDUCATION FACILITIES FOR THE SUPPORT OF NEW LOS ANGELES CHARTER SCHOOL.
Program accomplishments
- NEW VISION PROPERTIES, INC. SUPPORTS NEW LOS ANGELES CHARTER SCHOOL IN FINANCING, DEVELOPING, LEASING AND MAINTENANCE OF CERTAIN SCHOOL FACILITIES.Expenses $352,263 · revenue $493,146
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 30-0631814
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization, Type I
- Donations deductible (Pub 78)
- Supporting organization, 50% limit
- Exempt since
- 2013
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B12)
- Assets (IRS master file)
- $2,416,334
- Income (IRS master file)
- $493,146
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $493,146 | $583,404 | $2,416,334 | IRS |
| 990 | June 2024 | $563,735 | $534,109 | $2,980,486 | IRS |
| 990 | June 2023 | $508,801 | $515,527 | $3,386,548 | IRS |
| 990 | June 2022 | $767,685 | $903,379 | $3,709,770 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.
Questions about NEW VISION PROPERTIES INC
- What is the EIN of NEW VISION PROPERTIES INC?
- The employer identification number (EIN) of NEW VISION PROPERTIES INC is 30-0631814.
- Is NEW VISION PROPERTIES INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2013.
- Are donations to NEW VISION PROPERTIES INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
- Which annual return does NEW VISION PROPERTIES INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of NEW VISION PROPERTIES INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NEW VISION PROPERTIES INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of NEW VISION PROPERTIES INC?
- The 990 for the year ended June 30, 2025 names MATT ALBERT.
- Who are the officers and directors of NEW VISION PROPERTIES INC?
- The 990 for the year ended June 30, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does NEW VISION PROPERTIES INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $493,146, expenses of $583,404 and total assets of $2,416,334 at year end.
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