THE PHILOMATHEON SOCIETY OF THE BLIND OF CANTON OHIO INC

EIN: 340733176 501(c)(3)

CANTON, OH

Total Revenue
$97,949
Total Expenses
$121,030
Total Assets
$2,977,348
Net Assets
$2,973,898
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1953
Legal Domicile
OH
Principal Officer
DENISE DESSECKER
Phone
3304539157
Tax Period
2025-01-01 to 2025-12-31

THE PHILOMATHEON SOCIETY OF THE BLIND OF CANTON OHIO INC, founded in 1953, is a micro nonprofit that reported $98K in total revenue in fiscal year 2025. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $121K exceeded revenue, resulting in a 24% operating deficit.

Mission

THE MISSION OF THE PHILOMATHEON SOCIETY OF THE BLIND OF CANTON, OHIO, INC. IS TO PROMOTE THE WELFARE OF THE BLIND OF STARK COUNTY, OHIO.

Program Service Accomplishments

Program 1
Expenses: $96,163 Revenue: $1,103

BLIND HOME ACCOMODATIONS FOR WORKSHOPS, ACTIVITIES AND ENTERTAINMENT THROUGHOUT THE CALENDAR YEAR.

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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 (2025)

Revenue Breakdown

Contributions & Grants $96,516
Program Service Revenue $563
Investment Income $29
Other Revenue $841
TOTAL REVENUE $97,949

Expense Breakdown

Grants Paid $50
Salaries & Benefits $31,751
Fundraising Expenses $0
Program Expenses $96,163
Other Expenses $89,229
TOTAL EXPENSES $121,030

Year-over-Year Comparison

2025 2024 Change
Revenue $97,949 $88,775 +0.1%
Expenses $121,030 $117,427 +0.0%
Net Income $-23,081 $-28,652 -0.2%
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

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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
4
Employees
2
Volunteers
4

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
3
$10,097
Total Directors
5
$10,097
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DENISE DESSECKER PRESIDENT 20.00
Officer Director
$10,097 $0 $10,097
ERIN BYRNE RECORDING SECRETARY 1.00
Officer Director
$0 $0 $0
CHRIS KUESTNER TREASURER 1.00
Officer Director
$0 $0 $0
JACK BARKEN TRUSTEE 1.00
Director
$0 $0 $0
SARAH HAWKE TRUSTEE 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 $97,949 $121,030 $2,977,348 $-23,081
2024 $88,775 $117,427 $1,280,259 $-28,652
2023 $84,796 $101,612 $1,308,991 $-16,816
2022 $85,433 $120,092 $1,325,734 $-34,659
2021 $84,995 $85,508 $1,360,334 $-513
2020 $91,498 $100,807 $1,360,949 $-9,309
2019 $117,502 $137,206 $1,370,752 $-19,704
2018 $104,753 $130,311 $1,385,841 $-25,558
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