Xavier Society For The Blind
- Assets
- $16.5m
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 6
- Location
- New York, NY
- Founding
- 03/1946
- Data as of
- 12/2022
- 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 12/2022, 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 12/2022, Xavier Society For The Blind generated $2.0m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 14.7% each year . All expenses for the organization totaled $1.2m during the year ending 12/2022. While expenses have increased by 1.3% per year over the past 6 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
2022
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 2022, APPROXIMATELY 2,226 TITLES, 1248 TO THE BRAILLE LIBRARY AND 978 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
FR Francis Hilton President | OfficerTrustee | 2 | $0 |
Breandan Ward Vice President | OfficerTrustee | 2 | $0 |
Kitty Wynne Treasurer | OfficerTrustee | 2 | $0 |
Carolyn Marino Former Secretary (until:nov/2022) | OfficerTrustee | 1 | $0 |
Beata Harvin Former Board Member (until:dec/2022) | Trustee | 2 | $0 |
Daniel Morrison Board Member | Trustee | 1 | $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 | $1,603,533 |
| Noncash contributions included in lines 1a–1f | $247,819 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,603,533 |
| Total Program Service Revenue | $0 |
| Investment income | $344,654 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $61,863 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,013,744 |
| 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. | $229,713 |
| Compensation of current officers, directors, key employees. | $36,846 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $324,193 |
| Pension plan accruals and contributions | $35,597 |
| Other employee benefits | $55,592 |
| Payroll taxes | $39,947 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,260 |
| Fees for services: Accounting | $34,847 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $92,262 |
| Fees for services: Other | $22,228 |
| Advertising and promotion | $0 |
| Office expenses | $54,364 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $114,893 |
| 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 | $3,329 |
| Insurance | $12,469 |
| All other expenses | $0 |
| Total functional expenses | $1,244,730 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $659,324 |
| Savings and temporary cash investments | $370,364 |
| 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 | $24,104 |
| Net Land, buildings, and equipment | $3,767 |
| Investments—publicly traded securities | $14,832,608 |
| Investments—other securities | $0 |
| Investments—program-related | $72,033 |
| Intangible assets | $0 |
| Other assets | $492,611 |
| Total assets | $16,454,811 |
| Accounts payable and accrued expenses | $13,001 |
| Grants payable | $0 |
| Deferred revenue | $27,098 |
| 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 | $484,286 |
| Total liabilities | $524,385 |
| Net assets without donor restrictions | $15,743,674 |
| Net assets with donor restrictions | $186,752 |
| 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 | $16,454,811 |