Jbi International Inc
- Assets
- $25.7m
- Revenue
- $3.2m
- Investments
- $0.0
- Employees
- 22
- Location
- New York, NY
- Founding
- 01/1936
- Data as of
- 12/2020
- EIN
- 13-1683279
Organization Overview
Jbi International Inc is located in New York, NY. The organization was established in 1936. According to its NTEE Classification (G41) the organization is classified as: Eye Diseases, Blindness & Vision Impairments, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 12/2020, Jbi International Inc employed 22 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jbi International Inc 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 12/2020, Jbi International Inc generated $3.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (9.7%) each year. All expenses for the organization totaled $3.3m during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (1.0%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
JBI PROVIDES FREE BRAILLE, AUDIO & LARGE PRINT MATERIALS FOR VISUALLY IMPAIRED INDIVIDUALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LIBRARIES: THE JBI LIBRARY IS THE LARGEST LIBRARY AND THE ONLY COMPREHENSIVE COLLECTION OF JEWISH INTEREST (VERY BROADLY DEFINED) IN THE WORLD FOR THE VISUALLY IMPAIRED, BLIND, PHYSICALLY HANDICAPPED, AND READING DISABLED. JBI'S GROWING COLLECTION INCLUDES OVER 13,000 TALKING BOOKS AND SEVERAL THOUSAND LARGE PRINT AND BRAILLE MATERIALS. JBI TALKING BOOKS ARE AVAILIBLE IN ENGLISH, HEBREW, FRENCH, RUSSIAN, SPANISH, HUNGARIAN, ROMANIAN, YIDDISH AND POLISH. THE BREADTH OF ITS COLLECTION NOTWITHSTANDING, JBI ALWAYS HONORS INDIVIDUAL SPECIAL REQUESTS FOR READING MATERIAL.
OUTREACH: JBI ACTIVELY REACHES OUT TO TO THE COMMUNITY IN AN INFORMATIONAL REPORT TO PROMOTE THE WIDEST USE OF ITS FREE AUDIO, LARGE PRINT AND BRAILLE LIBRARY. THIS IS TRUE PARTICULARLY FOR THE GROWING NUMBER OF VISUALLY IMPAIRED SENIORS, INCLUDING IMMIGRANT POPULATIONS, MANY OF WHICH LIVE A "SHUT IN" EXISTANCE. TO REACH THIS SENIOR POPULATION, AS WELL AS THEIR CAREGIVERS, ADULT CHILDREN AND FRIENDS, JBI MAKES PRESENTATIONS, ADVERTISES IN LOCAL NEWSPAPERS AND PUBLICATIONS, ENCOURAGES LOCAL PRESS COVERAGE AND FORGES COMMUNICATION WITH RELEVANT INSTITUTIONS AND AGENCIES. THE ESTABLISHMENT OF JBI TALKING BOOK CLUBS, WHERE POSSIBLE, ENCOURAGES SOCIALIZATION AMONGST THE ELDERLY VISUALLY IMPAIRED.
PERIODICALS: JBI OFFERS A VARIETY OF PERIODICALS IN AUDIO FORMAT WHICH ARE UNAVAILABLE TO THE VISUALLY IMPAIRED ANYWHERE ELSE. THESE INCLUDE: HADASSAH MAGAZINE AND ARTICLES FROM THE JERUSALEM REPORT, MOMENT, COMMENTARY, TIKKUN, AND JBI'S OWN AUDIO MAGAZINE, THE JBI VOICE (AND THE CORRESPONDING BRAILLE REVIEW), A COMPILATION OF ARTICLES FROM A GLOBAL SELECTION OF NEWSPAPERS AND JOURNALS.
ISRAELI ASSISTANCE PROGRAM: JBI PROVIDES LOW VISION CLINIC SERVICES AT THE SOURASKY MEDICAL CENTER IN TEL AVIV, ISRAEL. THESE SERVICES INCLUDE TREATMENTS TO THE SEVERELY VISUALLY IMPAIRED WITH STATE-OF-THE-ART CUSTOMIZED OPTOMETRIC SERVICES. IN ADDITION, EXAMINATION STATIONS ARE OUTFITTED WITH SPECIAL EQUIPMENT FOR YOUNG CHILDREN. JBI ALSO OFFERS A SPECIAL MOBILE SCREENING SERVICE TO REACH THE HOMEBOUND ELDERLY WHO CANNOT COME TO THE CENTER FOR DIAGNOSIS AND TREATMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Ellen Isler President & CEO | Officer | 35 | $420,605 |
Mickey Aboff Chief Financial Officer | Officer | 35 | $116,900 |
Barbara B Friedman Hon. Chairman Of The Board | OfficerTrustee | 0.5 | $0 |
Ellen David Assistant Treasurer | OfficerTrustee | 0.5 | $0 |
Benjamin F Kursman Vice Chairman | OfficerTrustee | 0.5 | $0 |
Diane Lipman Secretary | OfficerTrustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $37,661 |
| Related organizations | $0 |
| Government grants | $7,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,113,764 |
| Noncash contributions included in lines 1a–1f | $2,401 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,158,925 |
| Total Program Service Revenue | $840 |
| Investment income | $328,205 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $97,509 |
| Net Gain/Loss on Asset Sales | $647,813 |
| Net Income from Fundraising Events | -$3,059 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,230,233 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $17,580 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $640,431 |
| Compensation of current officers, directors, key employees. | $74,623 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $917,456 |
| Pension plan accruals and contributions | $75,528 |
| Other employee benefits | $286,850 |
| Payroll taxes | $100,272 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,130 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $24,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $66,492 |
| Fees for services: Other | $199,871 |
| Advertising and promotion | $36,600 |
| Office expenses | $204,162 |
| Information technology | $73,513 |
| Royalties | $0 |
| Occupancy | $174,564 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $26,899 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $296,708 |
| Insurance | $14,347 |
| All other expenses | $11,361 |
| Total functional expenses | $3,330,722 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $376,822 |
| Savings and temporary cash investments | $1,395,030 |
| Pledges and grants receivable | $103,375 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $135,159 |
| Prepaid expenses and deferred charges | $81,696 |
| Net Land, buildings, and equipment | $5,810,860 |
| Investments—publicly traded securities | $16,210,797 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,563,790 |
| Total assets | $25,677,529 |
| Accounts payable and accrued expenses | $119,306 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $451,393 |
| Total liabilities | $570,699 |
| Net assets without donor restrictions | $9,061,409 |
| Net assets with donor restrictions | $16,045,421 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $25,677,529 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Jbi International Inc has recieved totaling $425.
| Awarding Organization | Amount |
|---|---|
Maxwell Strawbridge Chartitable Tr Philadelphia, PA PURPOSE: GENERAL FUND | $250 |
Strauss Foundation Incorporated Owings Mills, MD PURPOSE: MEDICAL | $150 |
Isadore And Rose Goldstein Family Foundation Inc Louisville, KY PURPOSE: GENERAL OPERATING FUNDS | $25 |
Endowment Analysis
| Beg. Balance | $13,984,921 |
| Earnings | $1,503,244 |
| Admin Expense | $5,523 |
| Net Contributions | -$442,138 |
| Other Expense | $992,396 |
| Ending Balance | $14,048,108 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Central Association For The Blind Inc Utica, NY | $109,170,090 | $29,734,150 |
Help Me See Inc New York, NY | $19,214,476 | $10,645,752 |
Carroll Center For The Blind Inc Newton, MA | $12,273,464 | $7,857,415 |
Northeastern Association Of The Blind At Albany Inc Albany, NY | $6,246,704 | $6,313,158 |
Eye To Eye Inc New York, NY | $3,187,260 | $4,382,588 |
Pennsylvania Association For The Blind Harrisburg, PA | $4,901,702 | $4,901,914 |
Lions Eye Bank Of Delaware Valley Philadelphia, PA | $14,412,620 | $4,863,038 |
Jbi International Inc New York, NY | $25,677,529 | $3,230,233 |
Vermont Association For The Blind And Visually Impaired Inc South Burlington, VT | $11,330,478 | $4,815,693 |
Glaucoma Foundation Inc New York, NY | $12,951,160 | $4,297,114 |
Vision Resources Of Central Pennsylvania Harrisburg, PA | $8,007,623 | $1,994,973 |
Readers Digest Partners For Sight Foundation Mt Kisco, NY | $12,659,524 | $1,861,545 |