Vision Galveston Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
Vision Galveston's mission is to help turn Galveston into the best place to raise a family, uncover new opportunities, and grow the economy. Vision Galveston seeks to connect that vision with the resources needed for implementation.
- Income
- $810,208
- Spending
- $964,938
- Spent on programs
- 86%
- Reserves
- 10.9 months of spending
- Largest source of income
- donations and private grants, 99%
- Employees
- 7
- Volunteers
- 12
- Highest pay
- $191,338, executive director
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 78 out of 100. Higher than 53% of charities in its peer group (community improvement, $250k to $1m).
Reserves
28 of 35Spendable reserves would cover 10.9 months of spending.
Debt
20 of 20It owes 14% of what it owns.
Living within its means
0 of 15Spending exceeded income by 19% of income.
Income trend
15 of 15Income rose 7% on the year before.
Spending floor
15 of 1586% of spending went to programs and raising each dollar of donations cost 3 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 84 out of 100. Higher than 65% of charities in its peer group (community improvement, $250k to $1m).
Independent board
25 of 2514 of 14 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $539,395 spent. The Incubate Galveston program is a collaborative initiative backed by prominent Galveston pillars of entrepreneurship, technology, innovation, and business. Incubate Galveston's mission is to accelerate the journey of an entrepreneur by providing awareness of and access to opportunities to connect and collaborate across the Galveston-Houston region.
- $190,994 spent. The Green Galveston program furthers Vision Galveston's objective to make Galveston a "Historic Walkable Gulf Coast City Embedded in Nature." Green Galveston is creating implementable strategies for improving Galveston's parks and natural areas, improving parks and open space resilience against flooding and heat, attracting new residents with a set of high-quality urban green spaces, and creating concepts for two park spaces and identifying funding sources.
- $100,024 spent. Engage Galveston - Engage/Measure Galveston is a collaborative initiative led by Vision Galveston to empower us all with the information we need to act, individually and collectively, to build a Galveston community that provides everyone the opportunity to reach their full potential.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since January 2020.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.