THE BOSMA VISIONARY OPPORTUNITIES FOUNDATION INC

EIN: 264808603 501(c)(3) Human Services

INDIANAPOLIS, IN

Total Revenue
$12,004,752
Total Expenses
$1,115,771
Total Assets
$30,005,341
Net Assets
$29,921,011
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
IN
Principal Officer
BRIAN BOSMA
Phone
3176840600
Tax Period
2024-07-01 to 2025-06-30

THE BOSMA VISIONARY OPPORTUNITIES FOUNDATION INC, founded in 2008, is a mid-sized nonprofit in the Human Services sector that reported $12.0M in total revenue in fiscal year 2024. Revenue surged 227% from the prior year, signaling strong growth momentum. The organization ran a surplus of $10.9M, a strong 91% operating margin.

Mission

THE BOSMA VISIONARY OPPORTUNITIES FOUNDATION, INC. PROVIDES SUPPORT FOR BOSMA INDUSTRIES FOR THE BLIND, INC. SUCH ORGANIZATION CREATES OPPORTUNITIES FOR PEOPLE WHO ARE BLIND OR VISUALLY IMPAIRED.

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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 $10,975,352
Program Service Revenue $0
Investment Income $818,616
Other Revenue $210,784
TOTAL REVENUE $12,004,752

Expense Breakdown

Grants Paid $237,696
Salaries & Benefits $0
Fundraising Expenses $621,229
Program Expenses $237,696
Other Expenses $878,075
TOTAL EXPENSES $1,115,771

Year-over-Year Comparison

2024 2023 Change
Revenue $12,004,752 $3,675,236 +2.3%
Expenses $1,115,771 $1,029,646 +0.1%
Net Income $10,888,981 $2,645,590 +3.1%
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
10
Independent Members
9
Employees
N/A
Volunteers
59

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
4
$829,172
Total Directors
8
$0
Key Employees
9
$2,286,950
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEFFREY MITTMAN DIRECTOR 1.00
Officer
$0 $2,306 $626,326
TERESA WATSON CFO 0.00
Key Emp
$0 $30,668 $348,930
LISE PACE EXECUTIVE VP 0.00
Key Emp
$0 $18,085 $309,536
DOUGLAS PINGEL TERM DATE 121324 VP OPERATION 0.00
Key Emp
$0 $18,997 $307,810
JODI VIRGIL VP HUMAN RES 0.00
Key Emp
$0 $30,551 $277,155
JASON BAILEY CHIEF TECH. 0.00
Key Emp
$0 $30,628 $252,130
DANA WERNER TERM DATE 101224 CHIEF PROJ. 0.00
Key Emp
$0 $10,764 $215,483
JAMIE WILBER VP OF COM. S 0.00
Key Emp
$0 $1,117 $213,581
BRANDON WELLS EXEC DIRECTO 0.00
Officer
$0 $1,755 $202,846
KRISTIN STICKLE CONTROLLER 0.00
Key Emp
$0 $11,551 $184,847
JAMES MICHAELS TERM DATE 8224 VP PROGRAM S 0.00
Key Emp
$0 $20,469 $177,478
DANIEL BRILES DIR. OF COMP 0.00
Highest
$0 $30,144 $175,266
TONJA SAPRISSA SENIOR MGR O 0.00
Highest
$0 $24,638 $158,951
BRIAN PETRAITS DIR OF MANUF 0.00
Highest
$0 $30,023 $150,783
JAMES HOOPINGARNER DIR. OF DIST 0.00
Highest
$0 $30,012 $149,643
REBECCA EVANS AR PAYROLL M N/A
Highest
$0 $0 $143,175
MARSHA EGAN VP OF PROG S 0.00
$0 $12,108 $131,662
KEITH BERLEN DIRECTOR 1.00
Director
$0 $0 $0
CANDEE CHAMBERS DIRECTOR 1.00
Director
$0 $0 $0
RAYMOND COX DIRECTOR 1.00
Director
$0 $0 $0
CHRIS DUNLAVY DIRECTOR 1.00
Director
$0 $0 $0
MATT FREEL DIRECTOR 1.00
Director
$0 $0 $0
KEVIN MANDRELL DIRECTOR 1.00
Director
$0 $0 $0
GREGORY OTTINGER DIRECTOR 1.00
Director
$0 $0 $0
JEFF WEBER DIRECTOR 1.00
Director
$0 $0 $0
BRIAN BOSMA CHAIRMAN 1.00
Officer
$0 $0 $0
STEPHEN M POWELL VICE CHAIRMA 1.00
Officer
$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
2025 $12,004,752 $1,115,771 $30,005,341 $10,888,981
2024 $3,675,236 $1,029,646 $15,622,502 $2,645,590
2023 $1,596,159 $843,041 $13,478,583 $753,118
2022 $1,540,314 $1,129,551 $11,940,409 $410,763
2021 $2,046,816 $912,961 $13,558,324 $1,133,855
2020 $767,406 $1,254,078 $10,343,418 $-486,672
2019 $1,198,467 $1,248,217 $10,825,813 $-49,750
2018 $6,608,445 $647,994 $10,625,386 $5,960,451
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