2024-08-28T15:20:30-05:00 2023-12-31 203992693 RANDY WALKER & CO 7800 IH 10 WEST STE 505 SAN ANTONIO TX 78230 990 2023-01-01 760336711 PRO-VISION INC PRO- 8328048814 2656 SOUTH LOOP WEST 650 HOUSTON TX 77054 ROYNELL YOUNG CHIEF EXECUTIVE OFFICER 8328048814 2024-08-28 1 1 RANDY L WALKER CPA P00963779 2103669430 2023 2024-08-08 14:25:15Z ROYNELL YOUNG 2656 SOUTH LOOP WEST 650 HOUSTON TX 77054 2211482 0 X WWW.PROVISION-INC.ORG X 1991 TX OUR MISSION IS TO INSPIRE HOPE AND PURPOSE IN YOUNG PEOPLE THROUGH ACCESS TO ACADEMIC, ECONOMIC AND SOCIAL ENRICHMENT OPPORTUNITIES. 13 12 11 100 796800 0 1037720 1389297 0 17765 928 5719 812019 798701 1850667 2211482 0 72614 0 0 940073 1032735 0 0 317256 1410868 1566494 2350941 2671843 -500274 -460361 21859680 20369911 9874428 8844818 11985252 11525093 X OUR MISSION IS TO INSPIRE HOPE AND PURPOSE IN YOUNG PEOPLE THROUGH ACCESS TO ACADEMIC, ECONOMIC AND SOCIAL ENRICHMENT OPPORTUNITIES. 0 0 842759 72614 THE CHARACTER DEVELOPMENT PROGRAM IS ANCHORED BY THE MANHOOD DEVELOPMENT PROGRAM AND S.H.E. (STRONG, HEALTHY AND EMPOWERED) AND PROVIDES SUPPORTIVE INITIATIVES FOR THE FAMILIES OF THE YOUNG PEOPLE PARTICIPATING IN THESE PROGRAMS. THE PROGRAM DEVELOPS THE CHARACTER AND INTEGRITY OF EACH MEMBER BY COMBINING CLOSE MENTORING RELATIONSHIPS WITH EXPOSURE TO SITUATIONS THAT REINFORCE MORAL AND ETHICAL THINKING. THEY ARE GIVEN THE OPPORTUNITY TO PARTICIPATE IN CAMPS, JOB ENTERPRISE EMPLOYMENT, AND LEADERSHIP POSITIONS TO HELP DEVELOP DISCIPLINE, SELF-ESTEEM, AND CONFIDENCE TO BECOME OUTSTANDING CITIZENS WITHIN THEIR COMMUNITY AND ROLE MODELS WITHIN THEIR AREA OF INFLUENCE. 631520 17765 THE PRO-VISION/MCNAIR URBAN FARM SERVES AS A HEALTHY RESOURCE BY MAKING ORGANIC PRODUCE ACCESSIBLE TO THE SUNNYSIDE COMMUNITY AND INTRODUCING AND TEACHING MODERN AGRICULTURE TECHNIQUES TO ITS PARTICIPANTS THROUGH ITS AGRICULTURAL PROGRAMS. IT EMPHASIZES ON DISCUSSION OF HEALTH AND PROPER NUTRITION, WELCOMING FRESH VEGETABLES AND RECIPES INTO THE HOME KITCHEN, SUSTAINABLE LAND USE PRACTICES AND AGRICULTURAL SKILLS. THE GOAL OF THE COMMERCIAL SALES IS TO GENERATE FUNDS WHICH CAN BE USED TO SUPPORT THE REMAINING PROGRAM SERVICES AND LOWER THE NEED FOR OUTSIDE FINANCIAL SUPPORT. 244376 THE COMMUNITY OUTREACH PROGRAM ENCOMPASSES VARIOUS INITIATIVES TO ENGAGE AND CONNECT WITH RESIDENTS OF THE IMMEDIATE COMMUNITY THAT PRO-VISION SEEKS TO SERVE. THIS INCLUDES SUPPORTING COMMUNITY-ORIENTED EVENTS ATTENDANCE AND REPRESENTATION AT COMMUNITY TOWN HALLS, AND MEETING WITH LOCAL ELECTED OFFICIALS TO ENSURE THE NEEDS OF THE COMMUNITY ARE BEING SERVED BY LOCAL GOVERNMENT. 433956 THE AFFORDABLE HOUSING PROGRAM HAS BEEN A LONG-TERM GOAL OF THE ORGANIZATION TO ASSIST RESIDENTS IN SECURING COMFORTABLE HOUSING AT A COST THEY CAN AFFORD AS A WAY TO IMPROVE THE QUALITY OF LIFE IN THE COMMUNITY. THE HOUSING INITIATIVE WILL TRANSFORM UNDERUSED, INDUSTRIAL, AND INNER-CITY PROPERTIES, IN A ONCE DESOLATE AND FORGOTTEN NEIGHBORHOOD, INTO A LARGE AND THRIVING AFFORDABLE HOUSING COMMUNITY. THIS ACTIVITY OF THE MODEL NOT ONLY ASSUMES THAT IMPROVED HOUSING STOCK WILL ENHANCE THE PHYSICAL SPACE OF A NEIGHBORHOOD, BUT IT WILL ALSO ENHANCE COMMUNITY MEMBERS' WELL-BEING AND CIVIC RESPONSIBILITY. THE ORGANIZATION HAS ACCUMULATED 64 ACRES IN THE COMMUNITY WITH THE GOAL TO SECURE ADDITIONAL ACREAGE WHICH WILL ALLOW THE CONSTRUCTION OF AFFORDABLE HOUSING UNITS IN A MIXED INCOME COMMUNITY. 433956 2152611 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 15 0 1 11 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 13 12 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X X X DIANA SEIFERT 8328048814 2656 SOUTH LOOP WEST STE 650 HOUSTON TX 77054 ROYNELL YOUNG CEO AND FOUNDER, BOARD MEMBER 42.00 X X 245075 0 25383 DIANE MABEN BOARD MEMBER 2.00 X 0 0 0 DAVID AARONSON BOARD MEMBER 2.00 X 0 0 0 WILLIE ALEXANDER BOARD MEMBER 2.00 X 0 0 0 WILL BOWEN BOARD MEMBER 2.00 X 0 0 0 SHANE FRANK BOARD MEMBER 2.00 X 0 0 0 CHRISTOPHER LOWMAN BOARD MEMBER 2.00 X 0 0 0 DAVE STEVENSON BOARD MEMBER 2.00 X 0 0 0 KRIS VAN NORMAN BOARD MEMBER 2.00 X 0 0 0 BETSY PHILLIPS BOARD MEMBER 2.00 X 0 0 0 MEREDITH CULLEN BOARD MEMBER 2.00 X 0 0 0 JOHN HEARD BOARD MEMBER 2.00 X 0 0 0 ALAN HASSENFLU CHAIRMAN OF THE BOARD 2.00 X X 0 0 0 DIANA SEIFERT CAO/EXECUTIVE DIRECTOR 40.00 X 130781 0 5141 DONALD R CUNNINGHAM CHIEF FINANCIAL OFFICER 20.00 X 75800 0 0 451656 0 30524 2 0 1 0 0 1389297 1389297 URBAN FARM REVENUE 611600 17765 17765 17765 5719 5719 796800 0 796800 796800 796800 OTHER INCOME 611600 1901 1901 1901 2211482 17765 796800 7620 72614 72614 588504 478008 43035 67461 253924 200438 17960 35526 138786 122132 16654 51521 39411 4368 7742 241681 224886 16795 13947 12044 1644 259 30087 13420 1433 15234 9335 8511 824 146180 136569 9611 56460 50913 1616 3931 159354 97848 11836 49670 440600 393230 47370 203039 178695 24344 FEDERAL INCOME TAX 1079 1079 EVENT EXPENSES 112533 6034 19 106480 SUPPLIES 93040 60181 1906 30953 EQUIPMENT RENTAL/MAINTE 53946 52794 1152 5213 4883 330 2671843 2152611 201976 317256 459223 112554 778625 285988 86731 309100 0 6584 45175 80726 19520467 4755968 14872293 14764499 6481 6683 5611152 4803777 21859680 20369911 209172 336429 0 300000 4258886 3555245 5406370 4653144 9874428 8844818 X 11402802 10984975 582450 540118 11985252 11525093 21859680 20369911 -460361 202 0 X X 0 1 X 1 0 X 5938141 471147 861114 1037720 1389297 9697419 5938141 471147 861114 1037720 1389297 9697419 279857 9417562 595758 758540 746100 796928 802519 3699845 1092 1823 1769 15219 1901 21804 13419068 86542 0.70180 0.73970 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2019 AMOUNT: $ 1,092. 2020 AMOUNT: $ 1,823. 2021 AMOUNT: $ 1,769. 2022 AMOUNT: $ 15,219. 2023 AMOUNT: $ 1,901. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4985040 4985040 13567616 4118392 9449224 668893 357938 310955 298918 279638 19280 14764499 OTHER ASSETS 33109 RIGHT-OF-USE OPERATING LEASES 34768 LEASE RECEIVABLE 4735900 4803777 OTHER LIABILITIES 104637 RIGHT-OF-USE OPERATING LEASES 33307 DEFERRED LEASE INCOME 4515200 4653144 X 2211684 202 202 2211482 0 2211482 2671843 0 2671843 0 2671843 PART X, LINE 2: THE ORGANIZATION APPLIES THE PROVISIONS OF FASB ASC TOPIC 740, INCOME TAXES, (FORMERLY FASB INTERPRETATION NO. 48 (FIN 48), ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES - AN INTERPRETATION OF FASB STATEMENT NO. 109), WHICH PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. FIN 48 ALSO PROVIDES GUIDANCE ON DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURES AND TRANSITION. THE ORGANIZATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. 1 SCHOLARSHIPS 4 48183 PART I, LINE 2: EACH SCHOLARSHIP RECIPIENT IS OBLIGATED TO PROVIDE THE INFORMATION BELOW PRIOR TO RECEIVING THEIR DISBURSMENT. THE FUNDS ARE MAILED TO THE SCHOOL DIRECTLY. - GPA FROM PREVIOUS SEMESTER - COST OF ATTENDANCE FOR REGISTERED CLASSES - PROOF OF FULL TIME ATTENDANCE AT COMMUNITY COLLEGE, UNITVERSITY OR TRADE SCHOOL (SCHOOL CLASS SCHEDULE) THESE MATERIALS PROVIDE THE INFORMATION WE NEED IN ORDER TO SUPPORT THEIR NEED FOR THE SCHOLARSHIP. ONCE THE OFFICE ADMINISTRATOR RECEIVES THIS INFORMATION, SHE FORWARDS THE SCHOOL THE PORTION OF SCHOLARSHIP FOR THAT SEMSTER AND THE STUDENT'S SCHOOL ACCOUNT IS CREDITED. X 0 0 0 0 0 0 0 0 0 ROYNELL YOUNG CEO AND FOUNDER, BOARD MEMBER 195075 0 50000 0 0 0 6001 0 19382 0 270458 0 0 0 SHANE FRANK BOARD MEMBER BANK LOAN REPAYMENT X 300000 300000 0 1 1 300000 SECTION 1.263(A)-1(F) DE MINIMIS SAFE HARBOR ELECTION PRO-VISION, INC. 2656 SOUTH LOOP WEST, STE 650 HOUSTON, TX 77054 EMPLOYER IDENTIFICATION NUMBER: 76-0336711 FOR THE YEAR ENDING DECEMBER 31, 2023 PRO-VISION, INC. IS MAKING THE DE MINIMIS SAFE HARBOR ELECTION UNDER REG. SEC. 1.263(A)-1(F). FORM 990, PART VI, SECTION A, LINE 4 THE BOARD REVIEWED AND APPROVED THE CHANGING OF THE EXECUTIVE DIRECTOR TITLE TO CHIEF OPERATING OFFICER. THIS WAS DONE IN ORDER TO PROVIDE MORE OVERSIGHT FOR THE ROLE AND DUTIES PROVIDED TO THE ORGANIZATION REGARDING TAXES, SIGNING PRIVILEGES AND FOUNDATION RECOGNITION. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE CHIEF EXECUTIVE OFFICER AND CHIEF FINANCIAL OFFICER BEFORE IT IS SUBMITTED TO THE IRS. IT IS COMPARED TO THE AUDITED FINANCIAL STATEMENTS TO ENSURE CONSISTENCY BETWEEN THE TWO DOCUMENTS. FORM 990, PART VI, SECTION B, LINE 12C EACH EMPLOYEE IS ISSUED AN EMPLOYEE HANDBOOK THAT CONTAINS THE CONFLICT OF INTEREST POLICY WHEN HE OR SHE IS HIRED. THE CHIEF EXECUTIVE OFFICER, OR ANOTHER EXECUTIVE APPOINTED BY THE CEO, REVIEWS EACH EMPLOYEE ANNUALLY TO ENSURE COMPLIANCE. WITH RESPECT TO THE BOARD OF DIRECTORS, EACH MEMBER IS INTERVIEWED TO ENSURE THERE IS NO CONFLICT OF INTEREST BETWEEN HIS OR HER DUTIES AND PRO-VISION, INC. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD CHAIRMAN REVIEWS INDUSTRY SURVEYS FOR CHIEF EXECUTIVE OFFICER'S (CEO) OF OTHER NON-PROFITS WITH SIMILAR BUDGETS. THE CEO'S CONTRACT IS APPROVED BY THE BOARD CHAIR. FORM 990, PART VI, SECTION C, LINE 19 THE FINANCIAL STATEMENTS ARE AVAILABLE THROUGH THE ORGANIZATION'S WEBSITE AND ARE SENT TO VARIOUS AGENCIES AND FOUNDATIONS AS REQUIRED. THE GOVERNING DOCUMENTS ARE ALSO SUPPLIED AS REQUIRED TO THESE SAME ENTITIES. THE DOCUMENTS ALL RESIDE AT 2656 SOUTH LOOP WEST, STE 650, HOUSTON, TX 77054 AND WILL BE MADE AVAILABLE TO THE PUBLIC AS REQUESTED. FORM 990, PART XII, LINE 2C THE INDEPENDENT ACCOUNTANT WAS SELECTED BY A REQUEST FOR PROPOSAL. THE BOARD AND EXECUTIVE DIRECTOR/CEO APPROVED THE STAFF SELECTION.