BOSMA INDUSTRIES FOR THE BLIND INC (EIN 311246086) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1988

Legal Domicile

Principal Officer

JEFFREY MITTMAN

Phone

3176840600

Tax Period

2024-07-01 to 2025-06-30

BOSMA INDUSTRIES FOR THE BLIND INC, founded in 1988, is a major nonprofit in the Employment sector that reported $109.3M in total revenue in fiscal year 2024. Expenses of $97.3M left a modest 11% surplus.

Mission

BOSMA ENTERPRISES, CREATING OPPORTUNITIES FOR INDIVIDUALS WHO ARE BLIND OR VISUALLY IMPAIRED.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $449,251

Program Service Revenue $105,134,160

Investment Income $2,902,172

Other Revenue $802,466

TOTAL REVENUE $109,288,049

Expense Breakdown

Grants Paid $10,874,135

Salaries & Benefits $11,193,858

Fundraising Expenses $767,748

Program Expenses $85,420,935

Other Expenses $75,216,492

TOTAL EXPENSES $97,284,485

Year-over-Year Comparison

	2024	2023	Change
Revenue	$109,288,049	$105,262,518	+0.0%
Expenses	$97,284,485	$86,703,871	+0.1%
Net Income	$12,003,564	$18,558,647	-0.4%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

190

Volunteers

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

$2,280,934

Total Directors

Key Employees

$387,693

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEFFREY MITTMAN	PRESIDENT/CE	40.00	Officer	$624,020	$2,306	$626,326
TERESA WATSON	CFO	40.00	Officer	$318,262	$30,668	$348,930
LISE PACE	EXECUTIVE VP	40.00	Officer	$291,451	$18,085	$309,536
DOUGLAS PINGEL TERM DATE 121324	VP OPERATION	40.00		$288,813	$18,997	$307,810
JODI VIRGIL	VP HUMAN RES	40.00	Officer	$246,604	$30,551	$277,155
JASON BAILEY	CHIEF TECH.	40.00	Officer	$221,502	$30,628	$252,130
DANA WERNER TERM DATE 101224	CHIEF OPER.	40.00		$204,717	$10,764	$215,481
JAMIE WILBER	VP OF COM. S	40.00	Officer	$212,464	$1,117	$213,581
BRANDON WELLS	EXEC DIR OF	30.00	Key Emp	$201,091	$1,755	$202,846
KRISTIN STICKLE	CONTROLLER	40.00	Key Emp	$173,296	$11,551	$184,847
JAMES MICHAELS TERM DATE 8224	VP PROGRAM S	40.00		$157,009	$20,469	$177,478
DANIEL BRILES	DIR. OF COMP	40.00	Highest	$145,122	$30,144	$175,266
TONJA SAPRISSA	SENIOR MGR O	40.00	Highest	$134,313	$24,638	$158,951
BRIAN PETRAITS	DIR OF MANUF	40.00	Highest	$120,760	$30,023	$150,783
JAMES HOOPINGARNER	DIR. OF DIST	40.00	Highest	$119,631	$30,012	$149,643
REBECCA EVANS	AR PAYROLL M	40.00	Highest	$143,175	$0	$143,175
MARSHA EGAN	VP OF PROG.	40.00	Officer	$119,554	$12,108	$131,662
JEAN BARSKE START DATE 6324	CHIEF OPER.	40.00	Officer	$106,015	$15,599	$121,614
KEITH BERLEN	DIRECTOR	1.00	Director	$0	$0	$0
BART BOOK	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN BOSMA	DIRECTOR	1.00	Director	$0	$0	$0
STEVEN L BUCKSOT	SECRETARY/TR	1.00	Officer Director	$0	$0	$0
CHRIS DUNLAVEY	DIRECTOR	1.00	Director	$0	$0	$0
OSCAR A GUTIERREZ	DIRECTOR	1.00	Director	$0	$0	$0
KEITH ISOM	DIRECTOR	1.00	Director	$0	$0	$0
DONALD KOORS	DIRECTOR	1.00	Director	$0	$0	$0
KEVIN MANDRELL	CHAIR	1.00	Officer Director	$0	$0	$0
GREGORY OTTINGER	VICE CHAIR	1.00	Officer Director	$0	$0	$0
STEPHEN M POWELL	DIRECTOR	1.00	Director	$0	$0	$0
AMANDA ROSE	DIRECTOR	1.00	Director	$0	$0	$0
CONNOR SULLIVAN	DIRECTOR	1.00	Director	$0	$0	$0
JEFF WEBER	DIRECTOR	1.00	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
2025	$109,288,049	$97,284,485	$128,208,005	$12,003,564
2024	$105,262,518	$86,703,871	$115,365,688	$18,558,647
2023	$95,312,471	$90,076,900	$94,012,615	$5,235,571
2022	$116,517,311	$104,335,524	$91,434,320	$12,181,787
2021	$94,086,839	$82,836,920	$81,009,765	$11,249,919
2020	$78,038,285	$74,733,939	$62,231,744	$3,304,346
2019	$74,212,128	$66,849,648	$58,924,994	$7,362,480
2018	$68,863,700	$63,524,124	$53,277,119	$5,339,576

BOSMA INDUSTRIES FOR THE BLIND INC