Minneapolis, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)NATIONAL FEDERATION OF THE BLIND OF MINNESOTA INC, founded in 1920, is a micro nonprofit that reported $47K in total revenue in fiscal year 2024. Revenue decreased 11% compared to the prior year. Expenses of $82K exceeded revenue, resulting in a 75% operating deficit.
The NFB of Minnesota is an organization made up of blind and sighted people working to improve the lives of blind Minnesota residents by providing assistance and services to parents, blind workers, and consumers of rehabilitation services.
Program A: Education, Civil Rights, and Self-Organization - Operated community outreach offices to provide information to the public about blindness and how to help blind people and to locate blind...
Program A: Education, Civil Rights, and Self-Organization - Operated community outreach offices to provide information to the public about blindness and how to help blind people and to locate blind persons in need of assistance. Provided assistance to blind people to attend seminars and workshops designed to assist the blind in learning methods and techniques of organizing local groups of blind people for self-help and in learning about library services, rehabilitation services, new technology, aids, devices, and other resources and materials. Developed, produced, or distributed in print, Braille, and/or recorded media materials relating to blindness. Provided information to individuals, employers, governmental agencies, and the general public through written, telephone, personal, and media contacts. Developed and strengthened state and local organizations of the blind (self-help and support groups) and provided legal assistance, encouragement, information, or advocacy assistance to blind persons. Worked to improve services of governmental and private agencies established to give services to the blind through consumer input, technical assistance, and monitoring. It is estimated that educational activities in one way or another impact upon at least one million individuals in this state annually. Such services are available to and benefit all of the blind of this state. Additionally, since improvements for blind persons in this state affect all blind persons in the country, these activities potentially benefit in excess of half a million blind people.
Program B: Specialized Programs and Services - Provided scholarships to blind students. Provided direct assistance to individual blind persons to meet specific needs. Sponsored seminars and other...
Program B: Specialized Programs and Services - Provided scholarships to blind students. Provided direct assistance to individual blind persons to meet specific needs. Sponsored seminars and other activities to assist parents of blind children. Sponsored seminars and other activities to create better employment opportunities for blind persons. Helped to make available specialized aids, devices, tools, and materials for the blind-Braille writing equipment, measuring devices, white canes, clocks, watches, talking calculators, etc. Operated NEWSLINE for the Blind(R), a free digital talking newspaper service available by telephone for the blind. Provided Braille materials to the blind. Made grants to provide services of the kind described herein and to improve educational, vocational, and cultural opportunities for the blind. The activities described herein potentially benefit all blind persons in this state, and improvements in opportunities here expand opportunities for the half million blind persons in the country as well as creating more opportunities for the blind adults of tomorrow.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $46,560 | $52,168 | -0.1% |
| Expenses | $81,644 | $130,516 | -0.4% |
| Net Income | $-35,084 | $-78,348 | -0.6% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
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Liquidity & Cash Position
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Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Corbb O'Connor | President | 10 |
Officer
Director
|
$0 | $0 | $0 |
| Steve Sawczyn | Vice President | 2 |
Officer
Director
|
$0 | $0 | $0 |
| Jennifer Dunnam | Treasurer | 10 |
Officer
Director
|
$0 | $0 | $0 |
| Steve Jacobson | Board Member | 2 |
Director
|
$0 | $0 | $0 |
| Dale Heltzer | Board Member | 2 |
Director
|
$0 | $0 | $0 |
| Kotuma Kamara | Board Member | 2 |
Director
|
$0 | $0 | $0 |
| Mike Colbrunn | Board Member | 2 |
Director
|
$0 | $0 | $0 |
| Jan Bailey | Board Member | 2 |
Director
|
$0 | $0 | $0 |
| Dave Andrews | Secretary | 2 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $46,560 | $81,644 | $545,894 | $-35,084 |
| 2022 | $41,895 | $59,896 | $489,569 | $-18,001 |
| 2021 | $38,586 | $38,938 | $604,544 | $-352 |
| 2020 | $45,489 | $103,037 | $556,017 | $-57,548 |
Compare NATIONAL FEDERATION OF THE BLIND OF MINNESOTA INC with other nonprofits in Minnesota and across the country.