Braille Institute Of America Inc is located in Los Angeles, CA. The organization was established in 1963. According to its NTEE Classification (P86) the organization is classified as: Blind & Visually Impaired Centers, under the broad grouping of Human Services and related organizations. As of 06/2022, Braille Institute Of America Inc employed 214 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Braille Institute Of America 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 06/2022, Braille Institute Of America Inc generated $37.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $21.3m during the year ending 06/2022. 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
"TO ELIMINATE BARRIERS CAUSED BY BLINDNESS AND SEVERE SIGHT LOSS". SEE ATTACHED FEDERAL SUPPLEMENTAL INFORMATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE ATTACHED FEDERAL SUPPLEMENTAL INFORMATION PAGE 1, PART III - LINE 4A
SEE ATTACHED FEDERAL SUPPLEMENTAL INFORMATION PAGE 1, PART III - LINE 4B
SEE ATTACHED FEDERAL SUPPLEMENTAL INFORMATION PAGE 2, PART III - LINE 4C
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Peter Mindnich President | Officer | 38 | $371,803 |
Gary Jimenez VP Development | 38 | $220,199 | |
Rezaur Rahman CFO | Officer | 38 | $216,850 |
Anthony Taketa Secretary | Officer | 38 | $213,047 |
Sandy Shin VP Mark. & Commun. | 38 | $174,346 | |
Maria Valdivia VP Technology | 38 | $158,313 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Ab Data Ltd Direct Mail Services | 6/29/22 | $559,472 |
Datasparc Inc Software Maintenance Serv | 6/29/22 | $164,987 |
Fm Thomas Air Conditioning Air Conditioning Service | 6/29/22 | $156,928 |
Adco Roofing In Roof Maintenance Serv | 6/29/22 | $174,975 |
Olympic Maintenance Cleaning Services | 6/29/22 | $233,865 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $4,445 |
Related organizations | $0 |
Government grants | $1,355,500 |
All other contributions, gifts, grants, and similar amounts not included above | $16,402,845 |
Noncash contributions included in lines 1a–1f | $19,193 |
Total Revenue from Contributions, Gifts, Grants & Similar | $17,762,790 |
Total Program Service Revenue | $0 |
Investment income | $4,635,050 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $2,705,545 |
Net Rental Income | $25,451 |
Net Gain/Loss on Asset Sales | $12,501,882 |
Net Income from Fundraising Events | $36,320 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $37,676,823 |
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. | $1,584,092 |
Compensation of current officers, directors, key employees. | $829,485 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $9,677,436 |
Pension plan accruals and contributions | $593,421 |
Other employee benefits | $1,126,890 |
Payroll taxes | $815,799 |
Fees for services: Management | $0 |
Fees for services: Legal | $71,458 |
Fees for services: Accounting | $144,050 |
Fees for services: Lobbying | $37,500 |
Fees for services: Fundraising | $105,500 |
Fees for services: Investment Management | $29,686 |
Fees for services: Other | $567,162 |
Advertising and promotion | $0 |
Office expenses | $148,691 |
Information technology | $463,021 |
Royalties | $0 |
Occupancy | $1,571,128 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $157,631 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,084,512 |
Insurance | $287,462 |
All other expenses | $229,913 |
Total functional expenses | $21,348,741 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $475,555 |
Savings and temporary cash investments | $902,877 |
Pledges and grants receivable | $50,847 |
Accounts receivable, net | $26,676 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $33,195 |
Prepaid expenses and deferred charges | $163,898 |
Net Land, buildings, and equipment | $22,370,538 |
Investments—publicly traded securities | $220,696,854 |
Investments—other securities | $1,296,003 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $4,496,869 |
Total assets | $250,513,312 |
Accounts payable and accrued expenses | $3,327,094 |
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 | $4,203,492 |
Total liabilities | $7,530,586 |
Net assets without donor restrictions | $201,263,925 |
Net assets with donor restrictions | $41,718,801 |
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 | $250,513,312 |
Over the last fiscal year, we have identified 3 grants that Braille Institute Of America Inc has recieved totaling $35,000.
Awarding Organization | Amount |
---|---|
Julia Stearns Dockweiler Charitable Foundation Los Angeles, CA PURPOSE: NEW CONSTRUCTION | $20,000 |
La Vista Club For The Sightless Inc Santa Barbara, CA PURPOSE: PROVIDE ASSISTANCE TO ORGANIZATIONS ASSISTING THE BLIND AND/OR HANDICAPPED | $10,000 |
J A Daley Iii Foundation Glendale, CA PURPOSE: EDUCATION AND SERVICES | $5,000 |
Beg. Balance | $29,685,410 |
Earnings | -$254,169 |
Net Contributions | $25,018 |
Ending Balance | $29,456,259 |
Organization Name | Assets | Revenue |
---|---|---|
Guide Dogs For The Blind Inc San Rafael, CA | $528,074,429 | $68,313,172 |
Wayfinder Family Services Los Angeles, CA | $65,603,517 | $46,169,493 |
Braille Institute Of America Inc Los Angeles, CA | $250,513,312 | $37,676,823 |
Lighthouse For The Blind And Visually Impaired San Francisco, CA | $222,651,158 | $23,057,296 |
International Guiding Eyes Inc Sylmar, CA | $60,204,167 | $13,395,649 |
Nevada Blind Childrens Foundation Henderson, NV | $4,294,876 | $1,259,321 |
Guide Dogs Of Hawaii Adaptive Aids Canines & Advocacy For The Blind Honolulu, HI | $595,120 | $644,968 |
Inland Empire Lighthouse For The Blind Inc San Bernardino, CA | $10,473,551 | $477,976 |
Good Dog Autism Companions Fallbrook, CA | $69,392 | $294,330 |
Central Valley Center For Vision And Hearing Impaired Modesto, CA | $107,371 | $218,985 |
Power Paws Assistance Dogs Inc Scottsdale, AZ | $91,090 | $208,439 |
Lions Project For Canine Companions For Independence Inc Santa Rosa, CA | $613,041 | $170,338 |