Louisiana Assn For The Blind Inc is located in Shreveport, LA. The organization was established in 1970. 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 09/2021, Louisiana Assn For The Blind Inc employed 140 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Louisiana Assn 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 09/2021, Louisiana Assn For The Blind Inc generated $6.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $4.0m during the year ending 09/2021. 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
EVALUATE, TRAIN, AND PROVIDE EMPLOYMENT OPPORTUNITIES FOR THE BLIND.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE EVALUATION, TRAINING AND REHABILITATIVE SERVICES FOR THE BLIND AND VISUALLY IMPAIRED AS WELL AS EMPLOYMENT TO BLIND AND VISUALLY IMPAIRED INDIVIDUALS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Shawn Libby Murphy President & CEO | Officer | 55 | $120,090 |
Suzanne Williams Chairman | OfficerTrustee | 0.5 | $0 |
Dr Chris Kevil Secretary | OfficerTrustee | 0.5 | $0 |
William Smith Treasurer | OfficerTrustee | 0.5 | $0 |
Chad Burgess Past Chair | Trustee | 0.5 | $0 |
Jim Montgomery Director | Trustee | 0.5 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Donna Sullivan Rehab Services | 9/29/21 | $104,146 |
Sunbelt Contractors Llc Contractor | 9/29/21 | $303,604 |
Tro Oneil Machinery Co Equipment | 9/29/21 | $105,000 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $1,448,804 |
All other contributions, gifts, grants, and similar amounts not included above | $530,902 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,979,706 |
Total Program Service Revenue | $0 |
Investment income | $584,128 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$926,683 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $4,232,181 |
Miscellaneous Revenue | $0 |
Total Revenue | $6,008,985 |
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. | $120,174 |
Compensation of current officers, directors, key employees. | $120,174 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,387,118 |
Pension plan accruals and contributions | $50,772 |
Other employee benefits | $464,021 |
Payroll taxes | $113,069 |
Fees for services: Management | $0 |
Fees for services: Legal | $6,629 |
Fees for services: Accounting | $44,500 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $40,032 |
Fees for services: Other | $61,284 |
Advertising and promotion | $34,557 |
Office expenses | $28,761 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $92,256 |
Travel | $9,175 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $93 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $219,795 |
Insurance | $184,616 |
All other expenses | $88,561 |
Total functional expenses | $3,991,623 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $5,409,031 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $3,147,645 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $3,260,704 |
Prepaid expenses and deferred charges | $161,390 |
Net Land, buildings, and equipment | $7,130,177 |
Investments—publicly traded securities | $12,171,273 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $271,439 |
Other assets | $27,999 |
Total assets | $31,579,658 |
Accounts payable and accrued expenses | $1,441,424 |
Grants payable | $0 |
Deferred revenue | $178,131 |
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 | $32,303 |
Total liabilities | $1,651,858 |
Net assets without donor restrictions | $29,913,459 |
Net assets with donor restrictions | $14,341 |
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 | $31,579,658 |
Over the last fiscal year, we have identified 2 grants that Louisiana Assn For The Blind Inc has recieved totaling $5,615.
Awarding Organization | Amount |
---|---|
Community Foundation Of North Louisiana Shreveport, LA PURPOSE: GIVE FOR GOOD GRANT | $5,115 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $500 |
Organization Name | Assets | Revenue |
---|---|---|
Lighthouse For The Blind In New Orleans New Orleans, LA | $20,791,021 | $9,622,051 |
Beacon Lighthouse Inc Wichita Falls, TX | $3,271,118 | $8,876,178 |
East Texas Lighthouse For The Blind Inc Tyler, TX | $45,131,329 | $9,265,830 |
Lighthouse For The Blind Of Houston Houston, TX | $28,697,781 | $5,413,103 |
Knights Templar Eye Foundation Inc Flower Mound, TX | $153,213,107 | $22,979,623 |
South Texas Lighthouse For The Blind Corpus Christi, TX | $31,893,208 | $5,279,988 |
Louisiana Assn For The Blind Inc Shreveport, LA | $31,579,658 | $6,008,985 |
Louisiana Center For The Blind Inc Ruston, LA | $4,006,211 | $2,266,620 |
Southern Eye-Bank Metairie, LA | $10,995,375 | $2,880,299 |
Houston Lighthouse Foundation Inc Houston, TX | $45,366,188 | $2,659,206 |
Louisiana Lions Eye Foundation Inc New Orleans, LA | $1,086,777 | $885,979 |
World Services For The Blind Foundation Little Rock, AR | $4,565,552 | $846,557 |