THE SEEING EYE INC

EIN: 221539721 501(c)(3) Human Services

MORRISTOWN, NJ

Total Revenue
$51,349,549
Total Expenses
$34,802,179
Total Assets
$491,026,829
Net Assets
$448,974,670
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Financial Trends

Organization Details

Formation Year
1929
Legal Domicile
NJ
Principal Officer
JAMES HANDS
Phone
9735394425
Tax Period
2024-10-01 to 2025-09-30

THE SEEING EYE INC, founded in 1929, is a mid-sized nonprofit in the Human Services sector that reported $51.3M in total revenue in fiscal year 2024. Revenue surged 32% from the prior year, signaling strong growth momentum. The organization ran a surplus of $16.5M, a strong 32% operating margin.

Mission

THE PRIMARY PURPOSE OF THE ORGANIZATION IS TO ENHANCE THE INDEPENDENCE, DIGNITY AND SELF-CONFIDENCE OF PEOPLE WHO ARE BLIND OR VISUALLY IMPAIRED THROUGH THE USE OF SEEING EYE(R) DOGS. IN PURSUIT OF THIS MISSION, THE ORGANIZATION BREEDS AND RAISES PUPPIES TO BECOME SEEING EYE DOGS (OR OBTAINS THEM OCCASIONALLY BY PURCHASE OR EXCHANGE): TEACHES INSTRUCTORS THE SCIENCE AND TECHNIQUE OF TRAINING SEEING EYE DOGS AS GUIDES FOR BLIND AND VISUALLY IMPAIRED PEOPLE, INSTRUCTS BLIND AND VISUALLY IMPAIRED PEOPLE IN THE PROPER USE AND HANDLING OF THE DOGS: CONDUCTS AND SUPPORTS RESEARCH ON CANINE HEALTH AND DEVELOPMENT: AND INFORMS THE PUBLIC ABOUT THE ROLE OF GUIDE DOGS AND THE CAPABILITIES OF BLIND AND VISUALLY IMPAIRED PEOPLE TO LIVE INDEPENDENTLY.

Program Service Accomplishments

Program 1
Expenses: $26,445,912 Revenue: $176,041

PROVIDING SEEING EYE DOGS TO BLIND AND VISUALLY IMPAIRED : THIS PROGRAM INCLUDES : BREEDING AND WHELPING OF APPROPRIATE SIZED AND TYPE OF DOG AT OUR BREEDING FACILITY; APPROXIMATELY FOURTEEN MONTHS...

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PROVIDING SEEING EYE DOGS TO BLIND AND VISUALLY IMPAIRED : THIS PROGRAM INCLUDES : BREEDING AND WHELPING OF APPROPRIATE SIZED AND TYPE OF DOG AT OUR BREEDING FACILITY; APPROXIMATELY FOURTEEN MONTHS SOCIALIZATION OF THE PUPPIES AT HOMES OF VOLUNTEER PUPPY RAISERS; MAINENANCE OF A VETERINARY HOSPITAL AND KENNELS; SUPPORT OF RESEARCH, TRAINING AND DEVELOPMENT PROJECTS RELATED TO PROLONGING AND IMPROVING THE WORKING LIFE OF GUIDE DOGS; FOUR-MONTH TRAINING OF DOGS BY PROFESSIONAL INSTRUCTORS; SCREENING, SELECTION OF APPLICANTS; ARRANGING FOR THE ROUND TRIP TRAVEL OF OUR STUDENTS TO AND FROM OUR TRAINING FACILITY; PROVISION OF LODGING, FOOD AND COUNSELLING SERVICES TO OUR STUDENTS DURING THEIR 18 TO 25 DAYS OF TRAINING IN THE PROPER USE OF THEIR SEEING EYE DOG; AND AFTER-CARE SUPPORT FOR THE LIFE OF THE STUDENT/SEEING EYE DOG PARTNERSHIP.

Program 2
Expenses: $1,407,082

PUBLIC AND INFORMATION SERVICES: THROUGH THIS PROGRAM WE DISSEMINATE INFORMATION TO PROMOTE GREATER PUBLIC UNDERSTANDING AND WIDER ACCEPTANCE IN SOCIETY FOR BLIND INDIVIDUALS ACCOMPANIED BY TRAINED...

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PUBLIC AND INFORMATION SERVICES: THROUGH THIS PROGRAM WE DISSEMINATE INFORMATION TO PROMOTE GREATER PUBLIC UNDERSTANDING AND WIDER ACCEPTANCE IN SOCIETY FOR BLIND INDIVIDUALS ACCOMPANIED BY TRAINED GUIDE DOGS, THROUGH THE USE OF SOCIAL MEDIA, TELEVISION, RADIO, FILMS, EXHIBITS, BOOKS, MAGAZINES, SEMINARS AND NEWSPAPERS. THESE PROGRAM SERVICES ALSO INCLUDE DISTRIBUTION OF INFORMATION HELPFUL TO PEOPLE WHO ARE BLIND OR VISUALLY IMPAIRED.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $26,050,037
Program Service Revenue $176,041
Investment Income $24,818,491
Other Revenue $304,980
TOTAL REVENUE $51,349,549

Expense Breakdown

Grants Paid $0
Salaries & Benefits $20,530,313
Fundraising Expenses $4,772,836
Program Expenses $27,852,994
Other Expenses $14,211,866
TOTAL EXPENSES $34,802,179

Year-over-Year Comparison

2024 2023 Change
Revenue $51,349,549 $38,925,387 +0.3%
Expenses $34,802,179 $32,038,700 +0.1%
Net Income $16,547,370 $6,886,687 +1.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
25
Independent Members
23
Employees
241
Volunteers
700

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
11
$1,110,738
Total Directors
33
$475,452
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARGARET E HOWARD D LITT PRESIDENT & CEO (THRU 12/24) 50.00
Officer Director
$354,328 $47,922 $402,250
KAREN LEIES PRESIDENT & CEO (EFF 11/24) 50.00
Officer Director
$62,598 $10,604 $73,202
HUGH A DANDRADE ESQ TRUSTEE EMERITUS 0.00
Director
$0 $0 $0
THOMAS DUFFY TRUSTEE EMERITUS 0.00
Director
$0 $0 $0
VIVEK SAWHNEY BOARD OF TRUSTEES 0.40
Director
$0 $0 $0
KARON C BALES CS TEP BOARD OF TRUSTEES (THRU 12/24) 0.20
Director
$0 $0 $0
THE HONORABLE THOMAS H KEAN BOARD OF TRUSTEES (THRU 12/24) 0.10
Director
$0 $0 $0
MICHAEL B MCKITISH BOARD OF TRUSTEES (THRU 12/24) 0.20
Director
$0 $0 $0
ARI BENACERRAF BOARD OF TRUSTEES 0.80
Director
$0 $0 $0
CYNTHIA R BRYANT LLM CHAIR (THRU 12/24) 0.20
Director
$0 $0 $0
OHSANG KWON TREASURER 1.00
Officer Director
$0 $0 $0
CATHERINE A KIERNAN ESQ VICE CHAIRMAN 0.60
Officer Director
$0 $0 $0
RICHARD V BOULGER BOARD OF TRUSTEES 0.60
Director
$0 $0 $0
IRA H FUCHS SECRETARY 0.60
Officer Director
$0 $0 $0
SUSAN GNALL BOARD OF TRUSTEES 0.80
Director
$0 $0 $0
DAVID HERTZ VICE CHAIRMAN 0.80
Officer Director
$0 $0 $0
KAREN KENINGER VICE CHAIR 0.60
Officer Director
$0 $0 $0
MICHAEL MITTELMAN OD MPHMBA CHAIR 1.20
Officer Director
$0 $0 $0
SUSAN POMERANTZ PHD BOARD OF TRUSTEES 0.50
Director
$0 $0 $0
MICHAEL RANGER TRUSTEE EMERITUS 0.00
Director
$0 $0 $0
MICHAEL J AMORUSOESQ BOARD OF TRUSTEES 0.50
Director
$0 $0 $0
REBECCA GREEN DVMDAVVIM BOARD OF TRUSTEES 0.50
Director
$0 $0 $0
MARGARET GROW BOARD OF TRUSTEES 0.50
Director
$0 $0 $0
THOMAS MACKENZIE BOARD OF TRUSTEES 0.60
Director
$0 $0 $0
GORDON MELVILLE MD FACR BOARD OF TRUSTEES 0.60
Director
$0 $0 $0
CHARLES VITE VMD PHD BOARD OF TRUSTEES 0.50
Director
$0 $0 $0
CLIFF AARON BOARD OF TRUSTEES 0.50
Director
$0 $0 $0
SUSAN SEPE BOARD OF TRUSTEES 0.50
Director
$0 $0 $0
PAT MCKENNA BOARD OF TRUSTEES 0.50
Director
$0 $0 $0
DEB HUGHES BOARD OF TRUSTEES 0.50
Director
$0 $0 $0
MATT FRANKEL BOARD OF TRUSTEES (EFF 12/24) 0.60
Director
$0 $0 $0
BRAD HART BOARD OF TRUSTEES (EFF 12/24) 0.40
Director
$0 $0 $0
MICHELLE MC QUIGGE BOARD OF TRUSTEES (EFF 12/24) 0.30
Director
$0 $0 $0
JAMES HANDS ASST. TREAS & CFOO 50.00
Officer
$210,913 $76,216 $287,129
DAVID JOHNSON DIR OF ADVOCACY & GOVT. RELATIONS 50.00
Officer
$157,957 $74,464 $232,421
DENISE ZANGOGLIA ASST. SEC/EXEC ASST 40.00
Officer
$83,533 $32,203 $115,736
GLENN CIANCI DIRECTOR, FACILITIES 50.00
Highest
$156,786 $71,170 $227,956
MARGARET GIBBON DIRECTOR, CANINE DEVELOPMENT 50.00
Highest
$150,637 $75,425 $226,062
C KYLE QUIGLEY DIR OF VETERINARY MED & GENETICS 50.00
Highest
$166,173 $62,261 $228,434
JOSEPH SHIARAPPA DIRECTOR OF HUMAN RESOURCE 50.00
Highest
$148,931 $61,156 $210,087
JAMES KESSLER DIR. INSTRUC & TRAINING 50.00
Highest
$137,459 $65,511 $202,970
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $51,349,549 $34,802,179 $491,026,829 $16,547,370
2024 $38,925,387 $32,038,700 $470,702,231 $6,886,687
2023 $31,816,699 $30,584,938 $407,430,153 $1,231,761
2022 $33,620,552 $28,891,289 $385,225,116 $4,729,263
2021 $45,760,267 $27,931,338 $422,421,242 $17,828,929
2020 $21,930,089 $27,199,840 $359,989,533 $-5,269,751
2019 $28,260,184 $27,121,697 $359,542,214 $1,138,487
2018 $35,709,871 $26,866,375 $359,820,135 $8,843,496
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