Boston Center For Blind Children
- Assets
- $4.9m
- Revenue
- $138.9k
- Investments
- $4.8m
- Employees
- 0
- Location
- Spencer, MA
- Founding
- 10/1942
- Data as of
- 06/2024
- EIN
- 04-2103910
Organization Overview
Boston Center For Blind Children is located in Spencer, MA. The organization was established in 1942. According to its NTEE Classification (P86) the organization is classified as: Blind & Visually Impaired Centers, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Boston Center For Blind Children is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2024, Boston Center For Blind Children generated $138.9k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 8.3% each year. All expenses for the organization totaled $261.2k during the year ending 06/2024. While expenses have increased by 1.5% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Boston Center For Blind Children has awarded 135 individual grants totaling $2,292,756. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William G Mcdevitt III President | 0 | $0 | |
Anne V Mcbride Treasurer | 0 | $0 | |
Caroline B Grady Secretary | 0 | $0 | |
Todd Grady Director | 0 | $0 | |
Marilyn Novich Director | 0 | $0 | |
Marianne Riggio Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,392 |
| Interest on Savings | $29,660 |
| Dividends & Interest | $107,878 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $469,819 |
| Net ST Capital Gain | $4,405 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $138,930 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,344 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $5,087 |
| Total operating and administrative expenses | $39,049 |
| Contributions, gifts, grants paid | $222,109 |
| Total expenses and disbursements | $261,158 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $78,461 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $41,792 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,880,374 |
| Accounts payable and accrued expenses | $2,251 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $6,344 |
| Total liabilities | $8,595 |
Grants Awarded
Over the last fiscal year, Boston Center For Blind Children has awarded $222,109 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
NEW ENGLAND COLLEGE OF OPTOMETRY PURPOSE: CASH GRANT FOR OPERATIONS | $15,000 |
CARROL CENTER FOR THE BLIND PURPOSE: CASH GRANT FOR OPERATIONS | $25,000 |
THE PAUL CENTER PURPOSE: CASH GRANT FOR OPERATIONS | $35,000 |
PERKINS SCHOOL FOR THE BLIND PURPOSE: CASH GRANT FOR OPERATIONS | $36,000 |
ASSN OF BLIND CITIZENS PURPOSE: CASH GRANT FOR OPERATIONS | $18,000 |
GUIDING EYES FOR THE BLIND PURPOSE: CASH GRANT FOR OPERATIONS | $10,000 |