Xavier Society For The Blind
- Assets
- $18.3m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 6
- Location
- New York, NY
- Founding
- 03/1946
- Data as of
- 12/2021
- EIN
- 13-5563026
Organization Overview
Xavier Society For The Blind is located in New York, NY. The organization was established in 1946. 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 12/2021, Xavier Society For The Blind employed 6 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Xavier Society For The Blind 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 12/2021, Xavier Society For The Blind generated $1.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $1.2m during the year ending 12/2021. While expenses have increased by 1.7% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
XAVIER SOCIETY FOR THE BLIND PROVIDES RELIGOUS READING MATERIALS, PRIMARILY IN THE CATHOLIC TRADITION IN BRAILLE AND AUDIO TO THE BLIND AND VISUALLY IMPAIRED, FREE OF CHARGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
XAVIER SOCIETY FOR THE BLIND'S (THE "SOCIETY") MATERIALS ENABLE CLIENTS TO DEVELOP AND PRACTICE THEIR FAITH. THE MATERIALS INCLUDE THE SUNDAY MASS READINGS. IN 2021, APPROXIMATELY 2,173 TITLES, 1,235 TO THE BRAILLE LIBRARY AND 938 AUDIO TITLES. IN ADDITION TO SACRED SCRIPTURE, MANUALS OF PRAYER, RELIGIOUS TEXTBOOKS, ETC.. THE SOCIETY'S PRINCIPAL ONGOING SERVICES ARE TO MAINTAIN A LENDING LIBRARY AND PROVIDE BOOKS AND PERIODICALS TO THE SIGHT IMPAIRED.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Malachy Fallon Executive Director | Officer | 40 | $183,774 |
FR Francis Hilton Former President | OfficerTrustee | 2 | $0 |
Breandan Ward Vice President | OfficerTrustee | 2 | $0 |
Carolyn Marino Secretary | OfficerTrustee | 1 | $0 |
Kitty Wynne Treasurer | OfficerTrustee | 2 | $0 |
Richard Kenney Former Treasurer | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $533,296 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $533,296 |
| Total Program Service Revenue | $0 |
| Investment income | $344,916 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $709,138 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,590,017 |
| 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 | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $223,468 |
| Compensation of current officers, directors, key employees. | $35,888 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $344,576 |
| Pension plan accruals and contributions | $41,793 |
| Other employee benefits | $46,197 |
| Payroll taxes | $38,726 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $125 |
| Fees for services: Accounting | $55,511 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $92,454 |
| Fees for services: Other | $18,825 |
| Advertising and promotion | $0 |
| Office expenses | $36,697 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $91,633 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,728 |
| Insurance | $10,434 |
| All other expenses | $0 |
| Total functional expenses | $1,192,120 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $402,186 |
| Savings and temporary cash investments | $256,642 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $12,476 |
| Net Land, buildings, and equipment | $3,332 |
| Investments—publicly traded securities | $17,574,341 |
| Investments—other securities | $0 |
| Investments—program-related | $87,152 |
| Intangible assets | $0 |
| Other assets | $8,325 |
| Total assets | $18,344,454 |
| Accounts payable and accrued expenses | $33,274 |
| Grants payable | $0 |
| Deferred revenue | $27,788 |
| 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 | $0 |
| Total liabilities | $61,062 |
| Net assets without donor restrictions | $18,082,210 |
| Net assets with donor restrictions | $201,182 |
| 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 | $18,344,454 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Xavier Society For The Blind has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
St Florian Foundation Inc North Bethesda, MD PURPOSE: GENERAL SUPPORT | $5,000 |
Endowment Analysis
| Beg. Balance | $11,161,630 |
| Earnings | $7,263,334 |
| Other Expense | $554,811 |
| Ending Balance | $17,870,153 |
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 |