Penrickton Center for Blind Children

EIN: 381471325 501(c)(3) Diseases & Disorders

Taylor, MI

Total Revenue
$3,715,857
Total Expenses
$2,874,018
Total Assets
$16,052,175
Net Assets
$15,821,787
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1952
Legal Domicile
MI
Principal Officer
Patricia Obrzut
Phone
7349467500
Tax Period
2024-09-01 to 2025-08-31

Penrickton Center for Blind Children, founded in 1952, is a community nonprofit in the Diseases & Disorders sector that reported $3.7M in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. The organization ran a surplus of $842K, a strong 23% operating margin.

Mission

See Page 2.

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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 (2024)

Revenue Breakdown

Contributions & Grants $3,331,964
Program Service Revenue $0
Investment Income $399,471
Other Revenue $-15,578
TOTAL REVENUE $3,715,857

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,898,233
Fundraising Expenses $46,887
Program Expenses $2,644,998
Other Expenses $975,785
TOTAL EXPENSES $2,874,018

Year-over-Year Comparison

2024 2023 Change
Revenue $3,715,857 $3,199,562 +0.2%
Expenses $2,874,018 $2,579,118 +0.1%
Net Income $841,839 $620,444 +0.4%
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

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Liquidity & Cash Position

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Governance

Voting Members
19
Independent Members
19
Employees
58
Volunteers
541

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
7
$188,802
Total Directors
19
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kathy Vogt President 1.00
Officer Director
$0 $0 $0
Alice Prusak 1st Vice President 1.00
Officer Director
$0 $0 $0
Lisa Griffin 2nd Vice President 1.00
Officer Director
$0 $0 $0
Erin Dobbins 3rd Vice President 1.00
Officer Director
$0 $0 $0
Janet Simms Secretary 1.00
Officer Director
$0 $0 $0
Susan Weston Treasurer 1.00
Officer Director
$0 $0 $0
Peggy Allen Trustee 1.00
Director
$0 $0 $0
Greg Bader Trustee 1.00
Director
$0 $0 $0
Robert Cooney Trustee 1.00
Director
$0 $0 $0
Cliff Crabtree Trustee 1.00
Director
$0 $0 $0
Micheal Di Giovanni Trustee 1.00
Director
$0 $0 $0
Fred Dolehanty Trustee 1.00
Director
$0 $0 $0
Paul Hemeryck Trustee 1.00
Director
$0 $0 $0
James R Leach Jr Trustee 1.00
Director
$0 $0 $0
Dick Maxwell Trustee 1.00
Director
$0 $0 $0
Peggie Pedenelli Trustee 1.00
Director
$0 $0 $0
Jamie Ratliff Trustee 1.00
Director
$0 $0 $0
Diana Sutton Trustee 1.00
Director
$0 $0 $0
Joseph Siciliano Trustee 1.00
Director
$0 $0 $0
Patricia Obrzut Executive Director 55.00
Officer
$169,338 $19,464 $188,802
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 $3,715,857 $2,874,018 $16,052,175 $841,839
2024 $3,199,562 $2,579,118 $15,237,303 $620,444
2023 $2,743,822 $2,771,732 $13,475,641 $-27,910
2022 $3,396,300 $2,554,834 $13,124,133 $841,466
2021 $4,048,500 $2,302,804 $14,000,121 $1,745,696
2020 $3,292,576 $2,183,674 $11,602,600 $1,108,902
2019 $2,900,320 $2,246,927 $9,998,691 $653,393
2018 $3,261,114 $2,138,752 $9,599,055 $1,122,362
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