TOLEDO SOCIETY FOR THE BLIND INC

EIN: 344428258 501(c)(3) Diseases & Disorders

TOLEDO, OH

Total Revenue
$1,122,878
Total Expenses
$1,270,620
Total Assets
$5,406,966
Net Assets
$5,232,401
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1927
Legal Domicile
OH
Principal Officer
TIMOTHY TEGGE
Phone
4197203937
Tax Period
2023-01-01 to 2023-12-31

TOLEDO SOCIETY FOR THE BLIND INC, founded in 1927, is a community nonprofit in the Diseases & Disorders sector that reported $1.1M in total revenue in fiscal year 2023. Revenue fell 22% from the prior year — a significant decline worth monitoring. Expenses of $1.3M exceeded revenue, resulting in a 13% operating deficit.

Mission

THE SIGHT CENTER PROVIDES A UNIQUE BLEND OF SPECIALIZED VISION REHABILITATION PROGRAMS AND SERVICES THAT CAN HELP PEOPLE OF ALL AGES WORK, LEARN, PLAY AND LIVE INDEPENDENTLY WITH PERMANENT VISION LOSS. PRIMARY SERVICES INCLUDE LOW VISION CLINIC, REHABILITATION THERAPY (ADL & COMMUNICATION), ORIENTATION & MOBILITY AND ASSISTIVE TECHNOLOGY.

Program Service Accomplishments

Program 1
Expenses: $487,163 Revenue: $232,229

VISION REHABILITATION/LOW VISION SERVICES: THE SIGHT CENTER PROVIDED LOW VISION CLINICAL AND FUNCTIONAL REHABILITATION SERVICES TO OVER 700 INDIVIDUALS IN 2023. THESE SERVICES MAXIMIZE USE OF...

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VISION REHABILITATION/LOW VISION SERVICES: THE SIGHT CENTER PROVIDED LOW VISION CLINICAL AND FUNCTIONAL REHABILITATION SERVICES TO OVER 700 INDIVIDUALS IN 2023. THESE SERVICES MAXIMIZE USE OF RESIDUAL VISION FOR PEOPLE WHO NO LONGER BENEFIT FROM GLASSES, CONTACTS, SURGERY OR MEDICATION. IN ADDITION TO THE INDIVIDUALIZED TRAINING; CLIENTS ARE INSTRUCTED TO UTILIZE MAGNIFIERS, CCTV'S, MONOCULAR TELESCOPES, LIGHTING, FILTERS AND HOME MODIFICATION TECHNIQUES TO REGAIN OR MAINTAIN THEIR INDEPENDENCE. ASSISTIVE DEVICES CAN BE LOANED PRIOR TO PURCHASE TO ENSURE THE DEVICE IS A GOOD FIT FOR THE CLIENT'S GOALS AND ABILITIES. SERVICES ARE PROVIDED BOTH IN THE AGENCY LOW VISION CLINIC, THE HOME, THE WORKPLACE OR THE SCHOOL SETTING.

Program 2
Expenses: $28,608 Revenue: $13,531

ASSISTIVE TECHNOLOGY TRAINING: TRAINING IN THE USE OF COMPUTER HARDWARE, SOFTWARE OR OTHER ASSISTIVE DEVICES FOR USE IN ANY SETTING. SERVICES INITIATE WITH AN INDIVIDUALIZED ASSESSMENT TO DETERMINE...

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ASSISTIVE TECHNOLOGY TRAINING: TRAINING IN THE USE OF COMPUTER HARDWARE, SOFTWARE OR OTHER ASSISTIVE DEVICES FOR USE IN ANY SETTING. SERVICES INITIATE WITH AN INDIVIDUALIZED ASSESSMENT TO DETERMINE CLIENT EXPERIENCE WITH MAINSTREAM TECHNOLOGY, NEED FOR ACCESS TECHNOLOGY AND DEVELOPMENT OF OBJECTIVES TO MEET GOALS. OPTIONS INCLUDE NON-VISUAL SCREEN READING PROGRAMS, SCREEN ENHANCEMENT PROGRAMS, HARDWARE TO UTILIZE BRAILLE INPUT/REFRESHABLE BRAILLE ACCESS, NONE-TAKING DEVICES, PORTABLE MULTI-PLAYER DEVICES, AND THE ACCESSIBLE FEATURES FOR TABLETS OR SMART PHONES.

Program 3
Expenses: $96,581 Revenue: $46,033

ORIENTATION & MOBILITY: INSTRUCTION IN SAFE, INDEPENDENT TRAVEL IN THE HOME, WORKPLACE OR COMMUNITY. INCLUDES WHITE CANE AND SIGHTED-GUIDE TRAINING WHEN APPROPRIATE. SERVICES ASSIST PEOPLE WITH...

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ORIENTATION & MOBILITY: INSTRUCTION IN SAFE, INDEPENDENT TRAVEL IN THE HOME, WORKPLACE OR COMMUNITY. INCLUDES WHITE CANE AND SIGHTED-GUIDE TRAINING WHEN APPROPRIATE. SERVICES ASSIST PEOPLE WITH PERMANENT VISION LOSS TO UTILIZE THEIR REMAINING SENSES TO NEGOTIATE SAFE MOVEMENT FROM ONE PLACE TO ANOTHER. TRAINING CAN ALSO INCLUDE USE OF PUBLIC TRANSPORTION AND PARATRANSIT.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $559,495
Program Service Revenue $341,662
Investment Income $48,497
Other Revenue $173,224
TOTAL REVENUE $1,122,878

Expense Breakdown

Grants Paid $0
Salaries & Benefits $836,434
Fundraising Expenses $110,252
Program Expenses $717,229
Other Expenses $434,186
TOTAL EXPENSES $1,270,620

Year-over-Year Comparison

2023 2022 Change
Revenue $1,122,878 $1,448,305 -0.2%
Expenses $1,270,620 $1,161,738 +0.1%
Net Income $-147,742 $286,567 -1.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
14
Independent Members
14
Employees
28
Volunteers
43

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
$88,677
Total Directors
15
$88,677
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANTHONY BUREK TRUSTEE 1.00
Director
$0 $0 $0
AMANDA CAIG TRUSTEE 1.00
Director
$0 $0 $0
GINNY MARTIN TRUSTEE 1.00
Director
$0 $0 $0
BRIAN GREEN TRUSTEE 1.00
Director
$0 $0 $0
JOHN ROZIC TRUSTEE 1.00
Director
$0 $0 $0
RANDY SCHIMMOELLER CHAIRMAN 3.00
Officer Director
$0 $0 $0
STACEY FRANKS TRUSTEE 1.00
Director
$0 $0 $0
ANGELA JACKSON VICE CHAIR 1.00
Officer Director
$0 $0 $0
LINDSAY GUMERSELL TRUSTEE 1.00
Director
$0 $0 $0
LYNDI SHEETS TREASURER 1.00
Officer Director
$0 $0 $0
DEAN KOPAN TRUSTEE 1.00
Director
$0 $0 $0
LINDA PELAGIO TRUSTEE 1.00
Director
$0 $0 $0
TIMOTHY TEGGE EXECUTIVE DIRECTOR 40.00
Officer Director
$74,517 $14,160 $88,677
RICK RUSSEL TRUSTEE 1.00
Director
$0 $0 $0
MIKE SPAHR 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 $1,122,878 $1,270,620 $5,406,966 $-147,742
2022 $1,448,305 $1,161,738 $5,218,185 $286,567
2021 $2,083,619 $1,019,968 $5,892,217 $1,063,651
2020 $901,805 $938,588 $4,947,332 $-36,783
2019 $899,038 $942,633 $4,804,553 $-43,595
2018 $912,101 $896,109 $4,645,956 $15,992
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