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The Bosma Visionary Opportunities Foundation

Indianapolis, IN · EIN 26-4808603 · 501(c)(3) · Supporting organization (509(a)(3))
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

The Bosma Visionary Opportunities Foundation reported $12.0 million in revenue and $1.1 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $21.30 went to program services, $23.02 to management and general costs and $55.68 to fundraising. Its largest source of revenue was contributions and grants: 91.4% of the total. The highest compensation it reported for one person was $626,326 (DIRECTOR). 17 people received more than $100,000 in reportable compensation. Revenue rose 1464% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $1.1M

For context, the median across 3,614 covered human services charities: $88.27 programs, $11.52 management, $0.21 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $12M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 3,614 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
21.3%87.2%
Management & general
Part IX 25(C) ÷ 25(A)
23.0%11.4%
Fundraising
Part IX 25(D) ÷ 25(A)
55.7%0.2%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.06$0.02
Contributions & grants share of revenue
Part VIII 1h ÷ 12
91.4%20.6%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%2.4%
Program service revenue share
Part VIII 2g ÷ 12
0.0%70.8%
Highest reported compensation
Part VII-A, columns D–F
$626,326$274,992
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
56.13%1.18%
People paid over $100,000
Part VII, line 2
176
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
321.86.9
Independent voting board members
Part VI 1a–1b
9 of 10100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$238K expenses · 100.0% of program spending · grants $238K

To support bosma industries for the blind, inc

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
DIRECTOR
Officer, 1.00 hrs/week
$0$624,020$2,306$626,326
CFO
Key employee, 0.00 hrs/week
$0$318,262$30,668$348,930
EXECUTIVE VP
Key employee, 0.00 hrs/week
$0$291,451$18,085$309,536
VP OPERATION
Key employee, 0.00 hrs/week
$0$288,813$18,997$307,810
VP HUMAN RES
Key employee, 0.00 hrs/week
$0$246,604$30,551$277,155
CHIEF TECH.
Key employee, 0.00 hrs/week
$0$221,502$30,628$252,130
CHIEF PROJ.
Key employee, 0.00 hrs/week
$0$204,719$10,764$215,483
VP OF COM. S
Key employee, 0.00 hrs/week
$0$212,464$1,117$213,581

17 people received more than $100,000 in reportable compensation from The Bosma Visionary Opportunities Foundation (Part VII, line 2).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$5.0M$10M$15M$20MFY2020FY2021FY2022FY2023FY2024FY2025$12M$1.1M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$12M$1.1M21.3%$30M$626,326
FY2024 ⓘ$3.7M$1.0M22.7%$16M$579,092
FY2023 ⓘ$1.6M$843K21.5%$13M$456,557
FY2022 ⓘ$1.5M$1.1M20.5%$12M$302,798
FY2021 ⓘ$2.0M$913K6.5%$13M$280,017
FY2020 ⓘ$767K$1.3M59.9%$10M$286,167

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b10 · 9 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14No
  • Independent process for top executive pay Part VI 15aNo
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 50
  • Volunteers Part I, line 659

Private foundation grants it received

4 private foundations reported grants to The Bosma Visionary Opportunities Foundation totaling $14,615 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from The Bosma Visionary Opportunities Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for The Bosma Visionary Opportunities Foundation, you can publish a response that is linked from this page.

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Questions people ask

How much of The Bosma Visionary Opportunities Foundation's spending goes to programs?

In the fiscal year ending June 30, 2025, The Bosma Visionary Opportunities Foundation reported that 21.3% of its $1.1 million in expenses went to program services, 23.0% to management and general and 55.7% to fundraising (Form 990, Part IX).

How much does The Bosma Visionary Opportunities Foundation pay its top executive?

The largest total compensation The Bosma Visionary Opportunities Foundation reported for one person in the fiscal year ending June 30, 2025 was $626,326, for the role of DIRECTOR (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does The Bosma Visionary Opportunities Foundation get its money?

Of $12.0 million in revenue in the fiscal year ending June 30, 2025, 91.4% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).

Is The Bosma Visionary Opportunities Foundation a registered charity?

The IRS lists EIN 26-4808603 as a 501(c)(3) organization (supporting organization (509(a)(3))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202610149349301041 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202500259349300700 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202440329349300509 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202340189349300924 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202220409349301722 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202140229349300214 · read the filing

All filings for EIN 26-4808603: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.