Pacific Foundation for Blind Children (EIN 311561247) - 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

1997

Legal Domicile

Principal Officer

Marc Krsul

Phone

3609473302

Tax Period

2024-01-01 to 2024-12-31

Pacific Foundation for Blind Children, founded in 1997, is a small nonprofit in the Education sector that reported $106K in total revenue in fiscal year 2024. Revenue fell 78% from the prior year — a significant decline worth monitoring. Expenses of $132K exceeded revenue, resulting in a 24% operating deficit.

Mission

To provide funding and support for blind and visually impaired individuals in the Pacific Northwest to broaden and enhance their educational and employment opportunities.

🔒

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 $49,538

Program Service Revenue $0

Investment Income $56,934

Other Revenue $0

TOTAL REVENUE $106,472

Expense Breakdown

Grants Paid $0

Salaries & Benefits $41,347

Fundraising Expenses $8,859

Program Expenses $120,001

Other Expenses $91,123

TOTAL EXPENSES $132,470

Year-over-Year Comparison

	2024	2023	Change
Revenue	$106,472	$491,677	-0.8%
Expenses	$132,470	$51,677	+1.6%
Net Income	$-25,998	$440,000	-1.1%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
Marc Krsul	Chair	Officer Director	$0	$0	$0
Jim Kolshinski	Vice Chair	Officer Director	$0	$0	$0
Janet Kurz	Treasurer	Officer Director	$0	$0	$0
DeEtte Snyder	Secretary	Director	$0	$0	$0
Linda Erickson	Director	Director	$0	$0	$0
Corey Grandstaff	Director	Director	$0	$0	$0
Phyllis Hyatt	Director	Director	$0	$0	$0
J D Nellor	Director	Director	$0	$0	$0
Dean Stenehjem	Director	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	$106,472	$132,470	$2,342,756	$-25,998
2023	$491,677	$51,677	$2,195,503	$440,000
2022	$319,116	$54,392	$1,979,594	$264,724
2021	$1,233,513	$43,726	$1,939,454	$1,189,787
2020	$99,098	$60,447	$758,266	$38,651
2019	$155,014	$179,886	$701,092	$-24,872
2018	$285,982	$87,877	$687,307	$198,105

Pacific Foundation for Blind Children