Iowa Radio Reading Information Serv For The Blind & Prt Hdcpd Inc
- Assets
- $273.2k
- Revenue
- $220.1k
- Investments
- $0.0
- Employees
- 8
- Location
- Des Moines, IA
- Founding
- 10/1987
- Data as of
- 12/2022
- EIN
- 42-1298155
Organization Overview
Iowa Radio Reading Information Serv For The Blind & Prt Hdcpd Inc is located in Des Moines, IA. The organization was established in 1987. 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, Iowa Radio Reading Information Serv For The Blind & Prt Hdcpd Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Iowa Radio Reading Information Serv For The Blind & Prt Hdcpd 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 12/2022, Iowa Radio Reading Information Serv For The Blind & Prt Hdcpd Inc generated $220.1k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 9.8% each year. All expenses for the organization totaled $189.3k during the year ending 12/2022. While expenses have increased by 1.7% per year over the past 5 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
IRIS READS PRINT PUBLICATIONS ALOUD FOR OVER 11,000 IOWANS WHO CANNOT ACCESS PRINTED WORD BECAUSE OF BLINDNESS, VISUAL OR PHYSICAL IMPAIRMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DELIVERED A CONTINUOUS SIGNAL OF PRINT MATERIALS READ ALOUD. PURCHASED MAINTAINED AND DELIVERED CUSTOM RADIO RECEIVERS TO QUALIFIED LISTENERS UPON REQUEST. MAINTAINED SIGNALS IN 13 FREQUENCIES, WEB STREAM AND TOLL-FREE LISTENING LINE. PROVIDED LIVE AUDIO DESCRIPTION SERVICES FOR THEATER PERFORMANCES AND COMMUNITY EVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rob Gavora Chair | OfficerTrustee | 1 | $0 |
Carolyn Jenison Vice-Chair/treasurer | OfficerTrustee | 1 | $0 |
Britney Appelgate Secretary | OfficerTrustee | 1 | $0 |
Jim Obradovich Director | Trustee | 1 | $0 |
Karrie Craig Director | Trustee | 1 | $0 |
Liz Cooney Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $2,500 |
| Related organizations | $0 |
| Government grants | $32,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $183,763 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $218,263 |
| Total Program Service Revenue | $0 |
| Investment income | $4,725 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,573 |
| Net Income from Fundraising Events | -$4,431 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $220,130 |
| 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. | $50,614 |
| Compensation of current officers, directors, key employees. | $10,122 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $53,835 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $10,533 |
| Payroll taxes | $7,557 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,780 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,081 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $4,772 |
| Information technology | $1,936 |
| Royalties | $0 |
| Occupancy | $19,421 |
| Travel | $64 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $81 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,718 |
| All other expenses | $8,087 |
| Total functional expenses | $189,299 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $70,837 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $10,667 |
| 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 | $0 |
| Investments—publicly traded securities | $191,650 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $273,154 |
| Accounts payable and accrued expenses | $7,351 |
| 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 | $7,351 |
| Net assets without donor restrictions | $97,710 |
| Net assets with donor restrictions | $168,093 |
| 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 | $273,154 |