Insight For The Blind Inc
- Assets
- $2.1m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 4
- Location
- Fort Lauderdale, FL
- Founding
- 04/1978
- Data as of
- 06/2021
- EIN
- 59-1626795
Organization Overview
Insight For The Blind Inc is located in Fort Lauderdale, FL. The organization was established in 1978. According to its NTEE Classification (A30) the organization is classified as: Media & Communications, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2021, Insight For The Blind Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Insight For The Blind 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 06/2021, Insight For The Blind Inc generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 65.6% each year . All expenses for the organization totaled $273.5k during the year ending 06/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO HELP IMPROVE THE QUALITY OF LIFE FOR BLIND AND VISUALLY IMPAIRED CHILDREN AND ADULTS BY PROMOTING LITERACY, ARTS AND LEARNING AND AIDING IN THE APPRECIATION FOR READING.THIS IS ACCOMPLISHED THROUGH THEIR IN-HOUSE AUDIO PRODUCTION OF BOOKS,MAGAZINES AND OTHER ACCESSIBLE MEDIA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INSIGHT FOR THE BLIND RECORDS AUDIO BOOKS, MAGAZINES AND ARTICLES THAT ARE DISTRIBUTED FREE ALL ACROSS THE COUNTRY BY MAIL THROUGH THE PUBLIC LIBRARY SYSTEM. THE MISSION OF INSIGHT FOR THE BLIND IS TO HELP IMPROVE THE QUALITY OF LIFE FOR BLIND AND VISUALLY IMPAIRED CHILDREN AND ADULTS BY PROMOTING LITERACY AND LEARNING AND AIDING IN THE APPRECIATION FOR READING THROUGH OUR PRODUCTION OF AUDIO BOOKS, MAGAZINES AND ARTICLES AND BY WORKING WITH, AND MAINTAINING THE STANDARDS OF, THE LIBRARY OF CONGRESS TALKING BOOKS PROGRAM. WE SEND OUT MASTER DIGITAL RECORDINGS FROM OUR STUDIO TO THE LIBRARY OF CONGRESS IN WASHINGTON AND THE FLORIDA DIVISION OF BLIND SERVICES IN DAYTONA BEACH. THESE INSTITUTES REPRODUCE THE MATERIAL ONTO PROPRIETARY CARTRIDGES, WHICH ARE THEN DISTRIBUTED NATIONALLY. WORKING THROUGH THE FL DEPT OF BLIND SVCS (FDBS) AND THE TALKING BOOKS LIBRARIES IN FLORIDA, THERE ARE 1200+/- USERS OF HUMPTY DUMPTY, NATIONAL GEOGRAPHIC TRAVELER, SMITHSONIAN AND SOUTHERN LIVING; ALL RECORDED EXCLUSIVELY BY INSIGHT. THE AUDIO PRODUCT OF HUMPTY DUMPTY IS IN TURN USED BY FDBS AS PART OF THEIR BLIND BABIES PROGRAM, ESTABLISHED BY THE FLORIDA LEGISLATURE IN 2000 TO PROVIDE COMMUNITY-BASED EARLY INTERVENTION EDUCATION FOR CHILDREN FROM BIRTH THROUGH FIVE YEARS OF AGE WHO ARE BLIND OR VISUALLY INPAIRED, AND FOR THEIR PARENTS, FAMILIES, AND CAREGIVERS. INSIGHT FOR THE BLIND RECORDED 80+ ISSUES OF ASSIGNED MAGAZINES AND EXCEEDED ITS QUOTA OF RECORDED BOOKS. DURING THE YEAR ENDED JUNE 30 2021, THERE WERE APPROXIMATELY 90 VOLUNTEERS WHO PROVIDED ABOUT 9,000 HOURS OF SERVICE TO ASSIST IN ACCOMPLISHING THESE ACHIEVEMENTS. INSIGHT CONTINUED TO OPERATE THROUGH THE COVID-19 PANDEMIC IN 2021 BUT VOLUNTEERS WERE LIMITED DUE TO CDC RECOMMENDATIONS FOR SOCIAL DISTANCING, ETC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matthew Corey President CEO | OfficerTrustee | 40 | $76,896 |
Jean Giordano Chairperson | OfficerTrustee | 3 | $0 |
Ben Stern Vice Chair | OfficerTrustee | 3 | $0 |
Wendy Pomerantz Treasurer | OfficerTrustee | 3 | $0 |
Shelly Pittleman Director | Trustee | 1 | $0 |
Hon Ted Galatis Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $65,649 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,131,033 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,196,682 |
| Total Program Service Revenue | $0 |
| Investment income | $14,447 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $600 |
| Net Gain/Loss on Asset Sales | $45,819 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,257,548 |
| 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. | $75,943 |
| Compensation of current officers, directors, key employees. | $7,594 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $63,751 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $7,218 |
| Payroll taxes | $10,129 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,370 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $48,225 |
| Advertising and promotion | $0 |
| Office expenses | $4,863 |
| Information technology | $10,142 |
| Royalties | $0 |
| Occupancy | $19,643 |
| Travel | $340 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $10 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,321 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $273,524 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $65,198 |
| Savings and temporary cash investments | $549,369 |
| Pledges and grants receivable | $19,876 |
| 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 | $15,961 |
| Net Land, buildings, and equipment | $209,185 |
| Investments—publicly traded securities | $1,274,449 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $153 |
| Total assets | $2,134,191 |
| Accounts payable and accrued expenses | $4,103 |
| 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 | $250 |
| Total liabilities | $4,353 |
| Net assets without donor restrictions | $2,129,838 |
| 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 | $2,134,191 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Insight For The Blind Inc has recieved totaling $2,000.
| Awarding Organization | Amount |
|---|---|
Bay Branch Foundation Boca Raton, FL PURPOSE: TO FINANCE OPERATIONS OF DONEE ORGANIZATION | $2,000 |
Endowment Analysis
| Beg. Balance | $721,827 |
| Earnings | $244,182 |
| Admin Expense | $7,389 |
| Net Contributions | $328,422 |
| Ending Balance | $1,287,042 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Atlanta Educational Telecommunications Collaborative Atlanta, GA | $9,527,387 | $16,413,589 |
Good Life Broadcasting Inc Lake Mary, FL | $64,391,025 | $3,345,789 |
Community Communications Inc Orlando, FL | $5,415,157 | $4,709,881 |
Community Television Inc Norcross, GA | $3,699,160 | $2,176,174 |
Florida Association Of Broadcasters Incorporated Tallahassee, FL | $2,403,439 | $2,267,707 |
Bascomb Memorial Broadcasting Foundation Inc Miami, FL | $2,367,250 | $1,142,641 |
Graphic Communications Mableton, GA | $1,019,989 | $543,538 |
Dawn Bible Students Association Longwood, FL | $3,034,032 | $151,877 |
Vsa Arts Of Georgia Inc Atlanta, GA | $9,642 | $0 |
Excellencies Of Christ Ministries Port Saint Lucie, FL | $56,200 | $269,941 |
Insight For The Blind Inc Fort Lauderdale, FL | $2,134,191 | $1,257,548 |
Kikuyu Diaspora Media Inc Pelham, AL | $280,416 | $319,872 |