Nonprofit · EIN 81-2114563
NEW VISION FOUNDATION
Tax-exempt · MINNEAPOLIS, MN 55454
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $185,446 | $588,503 | -$403,057 | $58,986 | $5,000 | $53,986 |
| December 31, 2024 | 990 | $1,051,574 | $1,257,365 | -$205,791 | $501,095 | $44,052 | $457,043 |
| December 31, 2023 | 990 | $1,311,594 | $1,135,076 | $176,518 | $809,224 | $146,390 | $662,834 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $208,817
- of which government grants
- $206,773
- Program service revenue
- $0
- Investment income
- -$23,371
- Net gain from sales of assets
- -$23,475
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $55,593
- Other salaries and wages
- $181,966
- Salaries, compensation and benefits (total)
- $290,314
- Professional fundraising fees
- $7,500
- Legal fees
- $10,371
- Accounting fees
- $11,900
- Occupancy
- $35,971
- Travel
- $1,200
- Depreciation
- $27,477
- Program services (functional)
- $527,843
- Management and general (functional)
- $36,910
- Fundraising (functional)
- $23,750
Balance sheet and other
- Total assets, start of year
- $501,095
- Total assets, end of year
- $58,986
- Total liabilities, end of year
- $5,000
- Net assets, end of year
- $53,986
- Land, buildings and equipment
- $31,314
- Net assets without donor restrictions
- $53,986
- Gross receipts
- $208,921
- Employees
- 6
- Year formed
- 2016
- State of legal domicile
- MN
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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Hussein Farah | Executive Director | 40 | $55,593 |
| Dan Nelson | Director Trustee or director | 1 | $0 |
| Harun Amiin | Director Trustee or director | 1 | $0 |
| Stacey Nelson-Kumar | President Trustee or director, Officer | 5 | $0 |
| Tom Gitaa | Vice President Trustee or director, Officer | 1 | $0 |
| Hussein Hashi | Treasurer Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Hussein Farah | Executive Dir. Officer | 40 | $119,376 |
| Dan Nelson | Director Trustee or director | 1 | $0 |
| Amin Harun | Director Trustee or director | 1 | $0 |
| Stacey Nelson-Kumar | President Trustee or director, Officer | 5 | $0 |
| Tom Gitaa | Vice President Trustee or director, Officer | 1 | $0 |
| Hussein Hashi | Treasurer Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| HUSSEIN FARAH | FOUNDER, EXECUTIVE DIR Officer | 40 | $103,060 | $18,860 |
| AMIRA ADAWE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAN NELSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANIL HURAKADI | DIRECTOR Trustee or director | 1 | $0 | $0 |
| AMIIN HARUN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANGALUKI MUAKA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| STACEY NELSON-KUMAR | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| TOM GITAA | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| HUSSEIN HASHI | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1808 RIVERSIDE AVE STE 210, MINNEAPOLIS, MN 55454-1121
- Principal officer (990 for 2025)
- Stacey Nelson Kumar
- Signed the 990
- Stacey Nelson Kumar, President
- Phone
- (208) 870-8193
- Return prepared by
- JMB Consulting LLC
Mission
To provide pathways to success by motivating disadvantaged youth and young adults in Minnesota through coding and digital literacy classes.
Program accomplishments
- Provided coding and digital literacy classes to Twin Cities schools. Programs were offered to middle school and high school students, young adults ages 19-35 as well as older adults above 35.Expenses $527,843 · revenue $197,494
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 81-2114563
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2020
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- International, foreign affairs and national security (Q30)
- Assets (IRS master file)
- $58,986
- Income (IRS master file)
- $208,921
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $185,446 | $588,503 | $58,986 | XML |
| 990 | December 2024 | $1,051,574 | $1,257,365 | $501,095 | XML |
| 990 | December 2023 | $1,311,594 | $1,135,076 | $809,224 | XML |
| 990 | December 2022 | $836,658 | $1,053,677 | $548,964 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 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 (search EIN 81-2114563).
Questions about NEW VISION FOUNDATION
- What is the EIN of NEW VISION FOUNDATION?
- The employer identification number (EIN) of NEW VISION FOUNDATION is 81-2114563.
- Is NEW VISION FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
- Are donations to NEW VISION FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NEW VISION FOUNDATION 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 FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NEW VISION FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of NEW VISION FOUNDATION?
- The 990 for the year ended December 31, 2025 names Stacey Nelson Kumar.
- Who are the officers and directors of NEW VISION FOUNDATION?
- The 990 for the year ended December 31, 2025 lists 6 people; 1 received compensation from the organization, the highest $55,593 (Hussein Farah, Executive Director).
- How much revenue does NEW VISION FOUNDATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $185,446, expenses of $588,503 and total assets of $58,986 at year end.
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