MINNEAPOLIS SOCIETY FOR THE BLIND INC

EIN: 410693867 501(c)(3)

MINNEAPOLIS, MN

Total Revenue
$-37,383
Total Expenses
$7,580
Total Assets
N/A
Net Assets
N/A
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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
1936
Legal Domicile
MN
Principal Officer
KATE GRATHWOL PHD
Phone
6128712222
Tax Period
2019-01-01 to 2019-12-31

MINNEAPOLIS SOCIETY FOR THE BLIND INC, founded in 1936, is a micro nonprofit that reported $37K in total revenue in fiscal year 2019. Revenue fell 116% from the prior year — a significant decline worth monitoring.

Mission

TO ASSIST BLIND AND VISUALLY IMPAIRED PERSONS TO ACHIEVE THEIR POTENTIAL AND TO ENHANCE THEIR LIVES.

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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 (2019)

Revenue Breakdown

Contributions & Grants $14,361
Program Service Revenue $0
Investment Income $-150,563
Other Revenue $98,819
TOTAL REVENUE $-37,383

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $7,580
TOTAL EXPENSES $7,580

Year-over-Year Comparison

2019 2018 Change
Revenue $-37,383 $227,868 -1.2%
Expenses $7,580 $9,508 -0.2%
Net Income $-44,963 $218,360 -1.2%
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

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
5
Independent Members
5
Employees
N/A
Volunteers
N/A

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
$345,228
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KATE GRATHWOL PHD CEO/EXECUTIV N/A
Officer
$0 $19,481 $219,650
MAURICIO LOPEZ-SUAREZ CONTROLLER N/A
Officer
$0 $9,789 $125,578
CINDY BOTTLESON SECRETARY N/A
Officer Director
$0 $0 $0
MARY MCDOUGALL BOARD CHAIR N/A
Officer Director
$0 $0 $0
NICOLE SCHULTZ-KASS TREASURER N/A
Officer 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
2019 $-37,383 $7,580 No data $-44,963
2018 $227,868 $9,508 $2,564,031 $218,360
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