AKRON BLIND CENTER & WORKSHOP INC

EIN: 340742708 501(c)(3)

AKRON, OH

Total Revenue
$108,365
Total Expenses
$164,110
Total Assets
$1,996,234
Net Assets
$1,971,692
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1948
Legal Domicile
OH
Principal Officer
SCOTT REISBERG
Phone
3302532555
Tax Period
2023-01-01 to 2023-12-31

AKRON BLIND CENTER & WORKSHOP INC, founded in 1948, is a small nonprofit that reported $108K in total revenue in fiscal year 2023. Revenue fell 23% from the prior year — a significant decline worth monitoring. Expenses of $164K exceeded revenue, resulting in a 51% operating deficit.

Mission

THE AKRON BLIND CENTER IS A NATIONALLY UNIQUE MEMBERSHIP-BASED, NON-PROFIT (34-0742708), NON-GOVERNMENT FUNDED ORGANIZATION THAT PROVIDES SERVICES, PROGRAMS, RESOURCES AND CLASSES FOR BLIND AND LOW VISION INDIVIDUALS IN SUMMIT, MEDINA AND SURROUNDING COUNTIES. OUR CENTER GIVES PURPOSE, ACHIEVEMENT, WORTH AND HOPE TO PEOPLE. WE HAVE BEEN CAREFULLY SCREENED BY CHARITABLE REGISTRIES TO ENSURE WE ARE GOOD STEWARDS OF FUNDS. PLEASE NOTE THAT WE HAVE SEPARATE ACCOUNTS FOR OPERATIONS/ OVERHEAD AND PROGRAMMING, TO WHICH ANY DONATION WOULD SAFELY AND EXCLUSIVELY EARMARKED.

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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 (2023)

Revenue Breakdown

Contributions & Grants $86,329
Program Service Revenue $19,433
Investment Income $544
Other Revenue $2,059
TOTAL REVENUE $108,365

Expense Breakdown

Grants Paid $0
Salaries & Benefits $74,672
Fundraising Expenses $5,495
Program Expenses $109,235
Other Expenses $89,438
TOTAL EXPENSES $164,110

Year-over-Year Comparison

2023 2022 Change
Revenue $108,365 $141,010 -0.2%
Expenses $164,110 $132,736 +0.2%
Net Income $-55,745 $8,274 -7.7%
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

Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
9
Independent Members
9
Employees
1
Volunteers
40

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
5
$69,250
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SCOTT REISBERG EXECUTIVE DI 40.00
Officer
$69,250 $0 $69,250
BRIAN BANKS TRUSTEE 1.00
Director
$0 $0 $0
LENORA DENT TRUSTEE 1.00
Director
$0 $0 $0
KEVIN DOBENS TRUSTEE 1.00
Director
$0 $0 $0
PASTOR KEVIN GOODE TRUSTEE 1.00
Director
$0 $0 $0
JOHN COLVIN III TREASURER 2.00
Officer Director
$0 $0 $0
DARLENE IRVINE SECRETARY 2.00
Officer Director
$0 $0 $0
PIERRE IRVING CHAIR OF THE 2.00
Officer Director
$0 $0 $0
QUINTELLA WALTERS VICE CHAIR 2.00
Officer Director
$0 $0 $0
GEORGIA WILLIAMSON 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
2024 No data No data No data No data
2023 $108,365 $164,110 $1,996,234 $-55,745
2022 $141,010 $132,736 $1,841,470 $8,274
2021 $139,522 $130,467 $2,160,337 $9,055
2020 $119,840 $129,998 $2,052,055 $-10,158
2019 $127,497 $114,012 $1,938,203 $13,485
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