VOLUNTEER BRAILLE SERVICES

🔒

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

1968

Legal Domicile

Principal Officer

JULIE OLSON

Phone

7635442880

Tax Period

2023-06-01 to 2024-05-31

VOLUNTEER BRAILLE SERVICES, founded in 1968, is a small nonprofit that reported $172K in total revenue in fiscal year 2023. Revenue fell 39% from the prior year — a significant decline worth monitoring. Expenses of $1.8M exceeded revenue, resulting in a 967% operating deficit.

Mission

PROVIDE BRAILLE TRANSCRIPTION FOR THE BLIND.

Program Service Accomplishments

Program 1

Expenses: $6,374 Revenue: $8,314

THE AGENCY PROVIDED TRAINING FOR SIGHTED VOLUNTEERS TO BECOME CERTIFIED BRAILLISTS AND WORKSHOPS WERE HELD FOR CERTIFIED BRAILLISTS.

Program 2

VOLUNTEER CERTIFIED BRAILLISTS TRANSCRIBED WITH PART BEING USED FOR A SCHOOL DISTRICT.

Program 3

Expenses: $63,035 Revenue: $82,219

THE AGENCY ACCEPTED BRAILLE ASSIGNMENTS FROM DIFFERENT SOURCES - SCHOOLS, ORGANIZATIONS, BUSINESSES, AND INDIVIDUALS.

🔒

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 $81

Program Service Revenue $90,533

Investment Income $81,509

Other Revenue $0

TOTAL REVENUE $172,123

Expense Breakdown

Grants Paid $0

Salaries & Benefits $36,312

Fundraising Expenses $0

Program Expenses $69,409

Other Expenses $1,799,458

TOTAL EXPENSES $1,835,770

Year-over-Year Comparison

	2023	2022	Change
Revenue	$172,123	$281,587	-0.4%
Expenses	$1,835,770	$121,178	+14.1%
Net Income	$-1,663,647	$160,409	-11.4%

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

$41,199

Total Directors

$14,541

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JULIE OLSON	PRESIDENT	1.00	Officer Director	$0	$0	$0
RHONDA BYSTROM	PRESIDENT (PREVIOUS)	1.00	Officer Director	$0	$0	$0
DOROTHY WORTHINGTON	VICE PRESIDENT	6.00	Officer Director	$3,420	$0	$3,420
CHERYL MOEN	TREASURER	1.00	Officer Director	$0	$0	$0
VICKI HOLM	SECRETARY	6.00	Officer Director	$11,121	$0	$11,121
DAN GERGEN	DIRECTOR	1.00	Director	$0	$0	$0
JO ELLYN COHEN	DIRECTOR	1.00	Director	$0	$0	$0
KATHRYN GRAFSGAARD	DIRECTOR	1.00	Director	$0	$0	$0
CINDI LAURENT	COORDINATOR	18.00	Officer	$26,658	$0	$26,658

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	$172,123	$1,835,770	No data	$-1,663,647
2023	$281,587	$121,178	$1,552,798	$160,409
2022	$384,879	$99,068	$1,461,485	$285,811
2021	$190,212	$89,306	$1,509,130	$100,906
2020	$306,849	$79,599	$1,209,018	$227,250
2019	$176,766	$95,809	$1,128,986	$80,957