TOLEDO SOCIETY FOR THE BLIND INC (EIN 344428258) - 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

1927

Legal Domicile

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 OF NORTHWEST OHIO EMPOWERS INDEPENDENCE AND ENRICHES THE LIVES OF PEOPLE 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 (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

🔒

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

$88,677

Total Directors

$88,677

Key Employees

Highest Compensated

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

TOLEDO SOCIETY FOR THE BLIND INC