The Seeing Eye Inc
- Assets
- $385.2m
- Revenue
- $33.6m
- Investments
- $102.3m
- Employees
- 229
- Location
- Morristown, NJ
- Founding
- 01/1935
- Data as of
- 09/2022
- EIN
- 22-1539721
Organization Overview
The Seeing Eye Inc is located in Morristown, NJ. The organization was established in 1935. 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. As of 09/2022, Seeing Eye Inc employed 229 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Seeing Eye 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 09/2022, Seeing Eye Inc generated $33.6m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $28.9m during the year ending 09/2022. 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
HELP BLIND PEOPLE ACHIEVE GREATER INDEPENDENCE THROUGH SEEING EYE DOGS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING SEEING EYE DOGS TO BLIND AND VISUALLY IMPAIRED:THIS PROGRAM INCLUDES: BREEDING AND WHELPING OF APPROPRIATE SIZED AND TYPE OF DOG AT OUR BREEDING FACILITY; APPROXIMATELY FOURTEEN MONTHS SOCIALIZATION OF THE PUPPIES AT HOMES OF VOLUNTEER PUPPY RAISERS; MAINTENANCE OF A VETERINARY HOSPITAL AND KENNELS; SUPPORT OF RESEARCH, TRAINING AND DEVELOPMENT PROJECTS RELATED TO PROLONGING AND IMPROVING THE WORKING LIFE OF GUIDE DOGS; FOUR MONTH TRAINING OF DOGS BY PROFESSIONAL INSTRUCTORS; SCREENING, SELECTION OF APPLICANTS; ARRANGING FOR THE ROUND TRIP TRAVEL OF OUR STUDENTS TO AND FROM OUR TRAINING FACILITY; PROVISION OF LODGING, FOOD AND COUNSELING SERVICES TO OUR STUDENTS DURING THEIR 18 TO 25 DAYS OF TRAINING IN THE PROPER USE OF THEIR SEEING EYE DOG; AND AFTER CARE SUPPORT FOR THE LIFE OF THE STUDENT/SEEING EYE DOG PARTNERSHIP.
PUBLIC AND INFORMATION SERVICES: THROUGH THIS PROGRAM WE DISSEMINATE INFORMATION TO PROMOTE GREATER PUBLIC UNDERSTANDING AND WIDER ACCEPTANCE IN SOCIETY FOR BLIND INDIVIDUALS ACCOMPANIED BY TRAINED GUIDE DOGS, THROUGH THE USE OF SOCIAL MEDIA, TELEVISION, RADIO, FILMS, EXHIBITS, BOOKS, MAGAZINES, SEMINARS AND NEWSPAPERS. THESE PROGRAM SERVICES ALSO INCLUDE DISTRIBUTION OF INFORMATION HELPFUL TO PEOPLE WHO ARE BLIND AND VISUALLY IMPAIRED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Glenn Hoagland President And Ceo(thru 12/21) | Officer | 50 | $283,748 |
Robert A Pudlak Asst Treas/cfo(thru 10/21) | Officer | 50 | $203,557 |
Deborah Morrone-Colella Dir Donor Public Relations | 50 | $190,372 | |
Dolores M Holle Vmd Dir,canine Medicine(thru 3/22) | 50 | $187,771 | |
Randall E Ivens Director Human Resources | 50 | $158,940 | |
David Johnson Asst Sec/dir Instruction | Officer | 50 | $148,388 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Print Mail Communications Printing | 9/29/22 | $343,941 |
Fuse Fundraising Direct Mail | 9/29/22 | $761,378 |
Securitas Security Services Security | 9/29/22 | $267,821 |
Concord Direct Direct Mail | 9/29/22 | $261,789 |
Amplifi Direct Mail | 9/29/22 | $270,495 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $67,633 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $22,479,684 |
| Noncash contributions included in lines 1a–1f | $1,109,295 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $22,547,317 |
| Total Program Service Revenue | $130,881 |
| Investment income | $5,024,876 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $26,129 |
| Net Gain/Loss on Asset Sales | $5,772,679 |
| Net Income from Fundraising Events | $140,958 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$29,489 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $33,620,552 |
| 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. | $1,066,048 |
| Compensation of current officers, directors, key employees. | $614,757 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $10,534,047 |
| Pension plan accruals and contributions | $1,740,640 |
| Other employee benefits | $2,735,076 |
| Payroll taxes | $799,345 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $66,551 |
| Fees for services: Accounting | $81,180 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $152,750 |
| Fees for services: Investment Management | $121,787 |
| Fees for services: Other | $1,193,716 |
| Advertising and promotion | $0 |
| Office expenses | $399,183 |
| Information technology | $357,168 |
| Royalties | $0 |
| Occupancy | $1,266,567 |
| Travel | $518,897 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,085 |
| Interest | $1,370,177 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,326,912 |
| Insurance | $333,307 |
| All other expenses | $192,463 |
| Total functional expenses | $28,891,289 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,012,068 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $13,500 |
| 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 | $202,236 |
| Net Land, buildings, and equipment | $43,296,482 |
| Investments—publicly traded securities | $197,499,050 |
| Investments—other securities | $102,326,888 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $36,874,892 |
| Total assets | $385,225,116 |
| Accounts payable and accrued expenses | $2,489,011 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $34,892,158 |
| 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 | $2,217,962 |
| Other liabilities | $9,276,512 |
| Total liabilities | $48,875,643 |
| Net assets without donor restrictions | $291,873,903 |
| Net assets with donor restrictions | $44,475,570 |
| 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 | $385,225,116 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that The Seeing Eye Inc has recieved totaling $2,857.
| Awarding Organization | Amount |
|---|---|
Legault Foundation Sunny Isl Bch, FL PURPOSE: PROVIDE DOGS AND TRAINING FOR BLIND PEOPLE | $2,000 |
Horton Family Foundation Inc Brookfield, CT PURPOSE: THE SEEING EYE IS A PHILANTHROPICORGANIZATION WHOSE MISSION IS TO ENHANCETHE INDEPENDENCE, DIGNITY, AND SELFCONFIDENCEOF BLIND PEOPLE THROUGH THE USEOF SEEING EYE DOGS. | $500 |
Mico Foundation Inc Chattanooga, TN PURPOSE: GENERAL FUND/PROGRAM SUPPORT | $257 |
Indus Charitable Foundation Inc New York, NY PURPOSE: GENERAL SUPPORT | $100 |
Endowment Analysis
| Beg. Balance | $339,718,000 |
| Earnings | -$33,442,000 |
| Net Contributions | $866,000 |
| Other Expense | $7,316,000 |
| Ending Balance | $299,826,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Helen Keller Services Brooklyn, NY | $124,201,527 | $36,076,194 |
Guiding Eyes For The Blind Inc Yorktown Heights, NY | $122,120,627 | $42,129,166 |
The Seeing Eye Inc Morristown, NJ | $385,225,116 | $33,620,552 |
Learning Ally Inc Princeton, NJ | $38,562,596 | $31,390,401 |
Association For The Blind And Visually Impaired-Goodwill Industr Rochester, NY | $38,384,000 | $14,634,022 |
Via Visually Impaired Advancement Buffalo, NY | $14,312,562 | $14,987,718 |
Keystone Blind Association Hermitage, PA | $7,368,800 | $13,832,538 |
Visions Services For The Blind And Visually Impaired New York, NY | $132,242,399 | $14,332,092 |
North Central Sight Services Inc Williamsport, PA | $12,090,988 | $11,041,823 |
Visioncorps Lancaster, PA | $39,668,941 | $11,840,915 |
Jewish Guild For The Blind New York, NY | $68,568,868 | $9,629,979 |
Guide Dog Foundation For The Blind Inc Smithtown, NY | $48,826,109 | $13,918,395 |