Lackawanna Blind Association
- Assets
- $3.5m
- Revenue
- $439.2k
- Investments
- $0.0
- Employees
- 8
- Location
- Scranton, PA
- Founding
- 07/1942
- Data as of
- 06/2022
- EIN
- 24-0795466
Organization Overview
Lackawanna Blind Association is located in Scranton, PA. The organization was established in 1942. 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 06/2022, Lackawanna Blind Association employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lackawanna Blind Association 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 06/2022, Lackawanna Blind Association generated $439.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $420.0k during the year ending 06/2022. 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
TO SUPPORT AND PROMOTE THE INTERESTS OF THE BLIND, VISUALLY IMPAIRED AND THE PREVENTION OF AVOIDABLE BLINDNESS THROUGHOUT LACKAWANNA COUNTY, PENNSYLVANIA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CLIENT SERVICES INCLUDING TRANSPORTATION SERVICES, CRAFTS, SOCIALIZATION, RECREATION, EYE CARE, AIDS AND APPLIANCES.
RADIO READING SERVICE
PREVENTION OF BLINDNESS PROGRAM
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Lou Wascavich Executive Director | Officer | 40 | $84,103 |
Joseph Barrasse Treasurer | Trustee | 1 | $0 |
Elaine Blondek Director | Trustee | 1 | $0 |
Sharon Borgia Director | Trustee | 1 | $0 |
Tracy Bannon Director | Trustee | 1 | $0 |
Paula Depeters Vice-Chair | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $373 |
| Fundraising events | $62,452 |
| Related organizations | $0 |
| Government grants | $151,424 |
| All other contributions, gifts, grants, and similar amounts not included above | $122,772 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $337,021 |
| Total Program Service Revenue | $1,350 |
| Investment income | $61,531 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $11,260 |
| Net Gain/Loss on Asset Sales | $32,050 |
| Net Income from Fundraising Events | -$4,056 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $439,156 |
| 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. | $107,685 |
| Compensation of current officers, directors, key employees. | $10,768 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $128,831 |
| Pension plan accruals and contributions | $5,130 |
| Other employee benefits | $17,198 |
| Payroll taxes | $17,887 |
| Fees for services: Management | $13,928 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,300 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $17,013 |
| Fees for services: Other | $4,263 |
| Advertising and promotion | $0 |
| Office expenses | $5,380 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $24,152 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,196 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $25,575 |
| Insurance | $15,754 |
| All other expenses | $1,218 |
| Total functional expenses | $419,962 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $23,258 |
| Savings and temporary cash investments | $187,427 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,708 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $390 |
| Prepaid expenses and deferred charges | $5,393 |
| Net Land, buildings, and equipment | $93,123 |
| Investments—publicly traded securities | $2,334,958 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $829,252 |
| Total assets | $3,476,509 |
| Accounts payable and accrued expenses | $24,736 |
| 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 | $0 |
| Total liabilities | $24,736 |
| Net assets without donor restrictions | $3,137,346 |
| Net assets with donor restrictions | $314,427 |
| 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 | $3,476,509 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Lackawanna Blind Association has recieved totaling $40,583.
| Awarding Organization | Amount |
|---|---|
Walter L Schautz Foundation Scranton, PA PURPOSE: CLIENT SUPPORT SERVICES | $15,000 |
The Albert And Ann Margolies Perpetual Charitable Trust Scranton, PA PURPOSE: GENERAL PURPOSE | $15,000 |
Margaret Briggs Foundation Scranton, PA PURPOSE: GENERAL SUPPORT | $5,000 |
North Penn Charitable Foundation Wilmington, NC PURPOSE: COMMUNITY ASSISTANCE | $3,500 |
Schwartz Mack Foundation Scranton, PA PURPOSE: COMMUNITY SERVICES | $1,000 |
Myron A And Anita E Pinkus Foundation Philadelphia, PA PURPOSE: ASSISTANCE FOR THE BLIND | $1,000 |
Endowment Analysis
| Beg. Balance | $3,265,397 |
| Earnings | -$239,765 |
| Net Contributions | $36,698 |
| Other Expense | $117,693 |
| Ending Balance | $2,944,637 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Federation Of The Blind Inc Baltimore, MD | $35,001,742 | $21,045,026 |
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 |
University Of Maryland Eye Association Pa Baltimore, MD | $2,137,638 | $8,234,651 |
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 |
Glaucoma Foundation Inc New York, NY | $12,951,160 | $4,297,114 |
Central Ohio Lions Eye Bank Inc Columbus, OH | $2,261,506 | $2,054,180 |
National Society To Prevent Blindness Columbus, OH | $4,716,429 | $2,037,831 |