NEWTON, MA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)THE CARROLL CENTER FOR THE BLIND INC, founded in 1947, is a mid-sized nonprofit in the Diseases & Disorders sector that reported $10.8M in total revenue in fiscal year 2023. Revenue surged 37% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.8M, a strong 26% operating margin.
THE MISSION OF THE CARROLL CENTER FOR THE BLIND IS TO EMPOWER THOSE WHO ARE BLIND AND VISUALLY IMPAIRED TO ACHIEVE INDEPENDENCE AND LEAD A FULFILLING LIFE. ESTABLISHED IN 1936, THE CENTER SERVES BLIND AND VISUALLY IMPAIRED PEOPLE OF ALL AGES BY PROVIDING REHABILITATION,SKILLS TRAINING, AND EDUCATIONAL OPPORTUNITIES TO ACHIEVE INDEPENDENCE, SELF-SUFFICIENCY, AND SELF-FULFILLMENT AND BY EDUCATING OUR COMMUNITIES REGARDING THE POTENTIAL OF PERSONS WHO ARE BLIND AND VISUALLY IMPAIRED. FOR OVER 80 YEARS, THE CENTER HAS PIONEERED INNOVATIVE SERVICES FOR THE BLIND AND VISUALLY IMPAIRED BY DEVELOPING METHODS FOR PEOPLE WITH LOW VISION TO LEARN THE SKILLS TO BE INDEPENDENT IN THEIR HOMES, IN CLASS SETTINGS, AND IN THEIR WORKPLACES, PREPARING THEM FOR DIVERSE OPPORTUNITIES FOR SUCCESS AND INDEPENDENT LIVING.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $10,826,800 | $7,875,561 | +0.4% |
| Expenses | $8,009,683 | $7,367,377 | +0.1% |
| Net Income | $2,817,117 | $508,184 | +4.5% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| CAROL COVELL | BOARD CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| PETER CHINETTI | BOARD MEMBER/TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| CHRIS ANDREOLI | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| UMESH KURPAD | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ROBERT SANDERS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ANTOINE JUNIOR MELAY | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ARTHUR O'NEILL | BOARD VICE CHAIRPERSON | 1.00 |
Director
|
$0 | $0 | $0 |
| ROBB SUCHECKI | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| TARANEH SATVAT | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JOHN SCHWARTZ | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MARTHA STEELE | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ROSELLEN SULLIVAN | BOARD MEMBER/SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| BRUCE HOWELL | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| EILEEN Y LEE BERGER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| GREG DONNELLY | PRESIDENT & CEO | 50.00 |
Officer
|
$316,636 | $40,622 | $357,258 |
| EDWARD MOLLER | CHIEF FINANCIAL OFFICER | 50.00 |
Officer
|
$130,929 | $6,696 | $137,625 |
| DARA DALMATA | CHIEF DEVELOPMENT & COMMUNICATION OFFICER | 50.00 |
Highest
|
$151,005 | $7,679 | $158,684 |
| DINA ROSENBAUM | CHIEF PROGRAM OFFICER | 50.00 |
Highest
|
$123,214 | $16,409 | $139,623 |
| MARTHA HANLON | DIRECTOR OF ANNUAL GIVING & DATABASE OPERATIONS | 50.00 |
Highest
|
$116,274 | $12,837 | $129,111 |
| NANCY SHARON | DIRECTOR OF EDUCATION & COMMUNITY SERVICES | 50.00 |
Highest
|
$111,282 | $5,551 | $116,833 |
| SCOTT HITCHCOCK | CHIEF OPERATING OFFICER | 50.00 |
Highest
|
$106,466 | $15,612 | $122,078 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $10,826,800 | $8,009,683 | $15,461,319 | $2,817,117 |
| 2023 | $7,875,561 | $7,367,377 | $12,550,064 | $508,184 |
| 2022 | $7,857,415 | $7,224,751 | $12,273,464 | $632,664 |
| 2021 | $9,529,936 | $6,301,779 | $11,437,109 | $3,228,157 |
| 2020 | $6,780,928 | $6,636,615 | $8,306,637 | $144,313 |
| 2019 | $7,206,199 | $6,811,986 | $8,168,995 | $394,213 |
| 2018 | $6,585,347 | $6,667,103 | $7,821,172 | $-81,756 |
Compare THE CARROLL CENTER FOR THE BLIND INC with other nonprofits in Massachusetts and across the country.