Aid Association For The Blind Of The District Of Columbia
- Assets
- $4.5m
- Revenue
- $118.0k
- Investments
- $4.4m
- Employees
- 0
- Location
- Kensington, MD
- Founding
- 07/1942
- Data as of
- 12/2022
- EIN
- 53-0196564
Organization Overview
Aid Association For The Blind Of The District Of Columbia is located in Kensington, MD. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Aid Association For The Blind Of The District Of Columbia 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, Aid Association For The Blind Of The District Of Columbia generated $118.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (13.0%) each year. All expenses for the organization totaled $14.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (37.0%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Aid Association For The Blind Of The District Of Columbia has awarded 130 individual grants totaling $4,324,765. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Deepinder Goraya Director | 0.5 | $0 | |
Anthony Stephens Treasurer | 0.5 | $0 | |
James Dickson President | 2 | $0 | |
Denise Rozell Director | 1 | $0 | |
Stanley Berman Director | 0.5 | $0 | |
Dr Wendy Gasch Past President | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,611 |
| Interest on Savings | $0 |
| Dividends & Interest | $38,290 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $78,139 |
| Capital Gain Net Income | $78,139 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $118,040 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $16 |
| Total operating and administrative expenses | $14,474 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $14,474 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $157,016 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $436,385 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,543,402 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Aid Association For The Blind Of The District Of Columbia has awarded $452,640 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
Washington, DC PURPOSE: OPERATING EXPENSES | $90,000 |
CHILDREN'S NATIONAL MEDICAL FOUNDATION PURPOSE: OPHTHALMOLOGY SERVICES | $70,000 |
PREVENTION OF BLINDNESS SOCIETY OF METRO WASHINGTON PURPOSE: OPERATING EXPENSES | $50,000 |
AMERICAN COUNCIL OF THE BLIND INC PURPOSE: GENERAL OPERATIONS IN DC METROPOLITAN AREA | $45,000 |
WASHINGTON LAWYERS COMMITTEE FOR CIVIL RIGHTS & URBAN AFFAIRS PURPOSE: ADVOCACY FOR BLIND/LOW VISION SERVICES | $31,500 |
BREAD FOR THE CITY INC PURPOSE: VISION CLINIC'S GENEAL OPERATIONS | $30,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Of Maryland Eye Association Pa Baltimore, MD | $2,137,638 | $8,234,651 |
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 |
Conexus Richmond, VA | $2,113,559 | $3,416,760 |
Lions Medical Eye Bank And Research Center Of Eastern Virginia Inc Norfolk, VA | $3,467,664 | $2,434,440 |
American Council Of The Blind Inc Alexandria, VA | $5,964,246 | $2,166,772 |
Prevention Of Blindness Society Of Metropolitan Washington Inc Washington, DC | $29,901,307 | $2,060,250 |
Vision Resources Of Central Pennsylvania Harrisburg, PA | $8,007,623 | $1,994,973 |
Beaver County Assn For The Blind Beaver Falls, PA | $741,634 | $1,219,990 |
Cabell Wayne Association Of The Blind Inc Huntington, WV | $1,907,157 | $860,137 |
Bucks County Association For The Blind And Visually Impaired Newtown, PA | $8,083,363 | $1,122,062 |
Contact Lens Institute Washington, DC | $782,895 | $921,247 |