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CHARITY REVIEW
Issued: December 2024 Expires: December 2026

VIPS

Accredited Charity
Accredited Charity

Meets Standards

Accreditation seal
1906 Goldsmith Ln
Louisville, KY, 40218-2066

Standards For Charity Accountability

Governance

  1. Board Oversight
  2. Board Size
  3. Board Meetings
  4. Board Compensation
  5. Conflict of Interest

Measuring Effectiveness

  1. Effectiveness Policy
  2. Effectiveness Report

Finances

  1. Program Expenses
  2. Fundraising Expenses
  3. Accumulating Funds
  4. Audit Report
  5. Detailed Expense Breakdown
  6. Accurate Expense Reporting
  7. Budget Plan

Fundraising & Info

  1. Truthful Materials
  2. Annual Report
  3. Website Disclosures
  4. Donor Privacy
  5. Cause Marketing Disclosures
  6. Complaints

Stated Purpose:
VIPS empowers families by providing educational excellence to young children with blindness or low vision in order to build a strong foundation for reaching their highest potential.  VIPS specialized teachers of the visually impaired serve the entire Commonwealth of Kentucky and State of Indiana.  

Year, State Incorporated:
1984, KY

Also Known As:
Vision Interventions and Parental Support (VIPS)

VIPS is the first and only nonprofit that provides early intervention services and support to young children who are blind or have low vision, along with their families across the Commonwealth of Kentucky and the State of Indiana. It offers children and their families specialized critical in-home and center-based services, orientation and mobility, transitional and advocacy services, educational support materials and community resources, summer programming, and infant-toddler groups.

For the year ended June 30, 2024, VIPS's program expenses were:

Preschool Services Programs $2,458,899
Total Program Expenses $2,458,899

Chief Executive
Diane Nelson, Executive Director

Chair of the Board
Ms. Taylor Gehring

Chair's Profession / Business Affiliation

Board Size
22

Paid Staff Size
44

Method(s) Used:
Direct mail appeals, Door-to-door solicitation, Grant proposals, Radio

% of Related Contributions on Fundraising: 12.70%

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.

The following information is based on VIPS's audited financial statements for the year ended June 30, 2024.

Source of Funds
Program service fees $1,732,169
Contributions and grants $1,440,536
Special events $413,318
Net investment return $116,277
Miscellaneous income $4,354
Rental income $2,400
Total Income $3,709,054

Programs: 80% Fundraising: 8% Administrative: 12%

Total Income $3,709,054
Total expenses: $3,076,667
  Program expenses $2,458,899
  Fundraising expenses $235,454
  Administrative expenses $382,314
  Other expenses $0
Income in Excess of Expenses $632,387
Beginning Net Assets $5,984,526
Other Changes In Net Assets $0
Ending Net Assets $6,616,913
Total Liabilities $251,484
Total Assets $6,868,397
Ending net assets as reported above include $6,064,728 without donor restrictions and $552,185 with donor restrictions.

Total assets as reported above include $3,505,353 in property and equipment, net.

An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.

This report is not to be used for fundraising or promotional purposes.

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Report completed by:
BBB serving Greater Kentucky and South Central Indiana