MINNEAPOLIS SOCIETY FOR THE BLIND … - Form 990 Financial Data

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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

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.

Program Service Accomplishments

Program 1

REHABILITATION AND SOCIAL SERVICES - PROVIDE FUNDING TO ENABLE COMPREHENSIVE TRAINING FOR GREATER INDEPENDENCE AT HOME, WORK AND SCHOOL FOR THE BLIND AND VISUALLY IMPAIRED. ALSO, PROVIDE FUNDING TO PROGRAMS WHICH ENHANCE INDEPENDENT LIVING, INCREASE OPPORTUNITIES AND EDUCATED THE COMMUNITY ABOUT VISION LOSS.

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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%)

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

Governance

Voting Members

Independent Members

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

$345,228

Total Directors

Key Employees

Highest Compensated

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

MINNEAPOLIS SOCIETY FOR THE BLIND INC