Volunteer Braille Services
- Assets
- $1.5m
- Revenue
- $384.9k
- Investments
- $0.0
- Employees
- 3
- Location
- Golden Valley, MN
- Founding
- 05/1968
- Data as of
- 05/2022
- EIN
- 41-1237256
Organization Overview
Volunteer Braille Services is located in Golden Valley, MN. The organization was established in 1968. 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 05/2022, Volunteer Braille Services employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Volunteer Braille Services 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 05/2022, Volunteer Braille Services generated $384.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.6% each year . All expenses for the organization totaled $99.1k during the year ending 05/2022. While expenses have increased by 1.4% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE BRAILLE TRANSCRIPTION FOR THE BLIND.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE AGENCY PROVIDED TRAINING FOR SIGHTED VOLUNTEERS TO BECOME CERTIFIED BRAILLISTS AND WORKSHOPS WERE HELD FOR CERTIFIED BRAILLISTS.
VOLUNTEER CERTIFIED BRAILLISTS TRANSCRIBED WITH PART BEING USED FOR A SCHOOL DISTRICT.
THE AGENCY ACCEPTED BRAILLE ASSIGNMENTS FROM DIFFERENT SOURCES - SCHOOLS, ORGANIZATIONS, BUSINESSES, AND INDIVIDUALS.
THE AGENCY MAINTAINS A LIBRARY OF 1,500 BOOKS THAT HAVE BEEN TRANSCRIBED INTO BRAILLE AND ARE AVAILABLE FOR LOAN FOR BLIND CHILDREN AND ADULTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cindi Laurent Coordinator | Officer | 18 | $25,640 |
Vicki Holm Secretary | OfficerTrustee | 6 | $10,395 |
Dorothy Worthington Vice President | OfficerTrustee | 6 | $4,864 |
Julie Olson President | OfficerTrustee | 1 | $0 |
Cheryl Moen Treasurer | OfficerTrustee | 1 | $0 |
Rhonda Bystrom President (previous) | OfficerTrustee | 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 | $830 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $830 |
| Total Program Service Revenue | $173,466 |
| Investment income | $66,795 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $143,788 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $384,879 |
| 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. | $37,943 |
| Compensation of current officers, directors, key employees. | $7,589 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $10,476 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,900 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $4,007 |
| Information technology | $5,388 |
| Royalties | $0 |
| Occupancy | $26,280 |
| 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 | $1,363 |
| Insurance | $1,741 |
| All other expenses | $0 |
| Total functional expenses | $99,068 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,564 |
| Savings and temporary cash investments | $112,932 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $19,127 |
| 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 | $0 |
| Net Land, buildings, and equipment | $8,869 |
| Investments—publicly traded securities | $1,313,993 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,461,485 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $1,461,485 |
| Net assets with donor restrictions | $0 |
| 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 | $1,461,485 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Beyond Vision Inc Milwaukee, WI | $23,591,708 | $9,394,034 |
Vision Forward Association Incorporated Milwaukee, WI | $6,770,094 | $2,817,896 |
Duluth Lighthouse For The Blind Inc Duluth, MN | $1,822,072 | $1,499,575 |
Blindness-Learning In New Dimensions Inc Minneapolis, MN | $1,379,551 | $1,622,923 |
Iowa Optometric Association West Des Moines, IA | $3,760,263 | $1,289,293 |
Wisconsin Council Of The Blind & Visually Impaired Inc Madison, WI | $11,120,842 | $1,458,735 |
National Society To Prevent Blindness Milwaukee, WI | $1,000,091 | $878,132 |
Childrens Eye Foundation Roseville, MN | $2,723,556 | $1,418,550 |
Combat Blindness International Inc Madison, WI | $700,105 | $815,137 |
American Council Of The Blind Enterprises And Services Inc Brooklyn Center, MN | $221,780 | $1,106,698 |
Wisconsin Optometric Asociation Madison, WI | $1,750,914 | $749,977 |
Heart Of America Contact Lens Society Inc Creston, IA | $410,073 | $647,803 |