CENTER FOR BLIND & VISUALLY IMPAIRED

EIN: 231365321 501(c)(3) Human Services

CHESTER, PA

Total Revenue
$729,319
Total Expenses
$860,022
Total Assets
$1,673,492
Net Assets
$1,576,884
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1948
Legal Domicile
PA
Principal Officer
LAURIE STAPH
Phone
6108741476
Tax Period
2024-01-01 to 2024-12-31

CENTER FOR BLIND & VISUALLY IMPAIRED, founded in 1948, is a small nonprofit in the Human Services sector that reported $729K in total revenue in fiscal year 2024. Revenue surged 22% from the prior year, signaling strong growth momentum. Expenses of $860K exceeded revenue, resulting in a 18% operating deficit.

Mission

ASSIST AND TEACH THE VISUALLY IMPAIRED COMMUNITY OF DELAWARE COUNTY TO LIVE SAFELY AND INDEPENDENTLY IN THEIR HOMES AND COMMUNITY. THE ORGANIZATION PROVIDES SERVICES TO THOSE WITH REDUCED VISION IN DELAWARE AND CHESTER COUNTIES BY PROVIDING VISION SCREENINGS, LOW VISION SERVICES, AND PUBLIC EDUCATION.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $281,406
Program Service Revenue $360,714
Investment Income $72,649
Other Revenue $14,550
TOTAL REVENUE $729,319

Expense Breakdown

Grants Paid $0
Salaries & Benefits $311,807
Fundraising Expenses $13,781
Program Expenses $611,969
Other Expenses $548,215
TOTAL EXPENSES $860,022

Year-over-Year Comparison

2024 2023 Change
Revenue $729,319 $600,081 +0.2%
Expenses $860,022 $815,542 +0.1%
Net Income $-130,703 $-215,461 -0.4%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
14
Independent Members
13
Employees
18
Volunteers
N/A

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
6
$356,024
Total Directors
14
$219,958
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LAURIE STAPH CEO 2.00
Officer Director
$0 $33,229 $219,958
Nancy Black CFO 2.00
Officer
$0 $31,008 $136,066
MARC GARGANO Director 0.30
Director
$0 $0 $0
DENISE JARRETT Treasurer 0.30
Officer Director
$0 $0 $0
JACKIE JURENOVICH Secretary 0.30
Officer Director
$0 $0 $0
BRENDA OMAN Director 0.30
Director
$0 $0 $0
KEVIN WILLIS Director 0.30
Director
$0 $0 $0
MARY STERNTHAL Director 0.30
Director
$0 $0 $0
MIKE NASHTOCK Director 0.30
Director
$0 $0 $0
SARAH GIBBONS Director 0.30
Director
$0 $0 $0
CINDY FALOTICO Chairman 0.30
Officer Director
$0 $0 $0
MAUREEN DIFEO Director 0.30
Director
$0 $0 $0
Bryan Scheidemantle Vice President 0.30
Officer Director
$0 $0 $0
JEFF STIDHAM Director 0.30
Director
$0 $0 $0
MICHAEL BARR Director 0.30
Director
$0 $0 $0
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
2024 $729,319 $860,022 $1,673,492 $-130,703
2023 $600,081 $815,542 $1,666,503 $-215,461
2022 $667,223 $762,595 $1,561,365 $-95,372
2021 $573,460 $670,874 $1,651,971 $-97,414
2020 $345,455 $630,382 $1,483,717 $-284,927
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