SOUTH DAKOTA FOUNDATION FOR THE BLIND AND VISUALLY IMPAIRED

EIN: 460348713 501(c)(3) Diseases & Disorders

Aberdeen, SD

Total Revenue
$65,498
Total Expenses
$22,322
Total Assets
$889,533
Net Assets
$889,533
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1978
Legal Domicile
SD
Principal Officer
Renae Rausch
Phone
6053803119
Tax Period
2024-01-01 to 2024-12-31

SOUTH DAKOTA FOUNDATION FOR THE BLIND AND VISUALLY IMPAIRED, founded in 1978, is a micro nonprofit in the Diseases & Disorders sector that reported $65K in total revenue in fiscal year 2024. Revenue surged 90% from the prior year, signaling strong growth momentum. The organization ran a surplus of $43K, a strong 66% operating margin.

Mission

To fund social, recreational, and educational opportunities for students at the South Dakota School for the Blind and Visually Impaired as well as other visually impaired students throughout the state.

Program Service Accomplishments

Program 1
Expenses: $3,213 Revenue: $0

Family Weekend. An annual weekend retreat for students and their parents to becme acquainted with the school facilities as well as teachers, also to have a bonding experience among parents of blind...

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Family Weekend. An annual weekend retreat for students and their parents to becme acquainted with the school facilities as well as teachers, also to have a bonding experience among parents of blind children.

Program 2
Expenses: $1,898 Revenue: $0

School Garden. Constructed a garden area on the school grounds for students to have hands-on experience of working soil, planting and harvesting produce.

Program 3
Expenses: $1,800 Revenue: $0

Christmas Program Luncheon. A social event for students, parents and community members to enjoy a meal together following the annual school Christmas program.

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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 $26,633
Program Service Revenue $0
Investment Income $38,865
Other Revenue $0
TOTAL REVENUE $65,498

Expense Breakdown

Grants Paid $10,590
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $10,590
Other Expenses $11,732
TOTAL EXPENSES $22,322

Year-over-Year Comparison

2024 2023 Change
Revenue $65,498 $34,439 +0.9%
Expenses $22,322 $23,702 -0.1%
Net Income $43,176 $10,737 +3.0%
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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Governance

Voting Members
10
Independent Members
10
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
4
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Sari Merriman Director 0
Director
$0 $0 $0
Nicole Olson Director 0
Director
$0 $0 $0
Carol Ginsbach Director 0
Director
$0 $0 $0
Curt Wischmeier Director 0
Director
$0 $0 $0
Dawn Brusch Director 0
Director
$0 $0 $0
Carmen Meyer Director 0
Director
$0 $0 $0
Renae Rausch President 1
Officer
$0 $0 $0
Jane Ann Rayman Vice President 1
Officer
$0 $0 $0
Roland Pond Treasurer 2
Officer
$0 $0 $0
Lonald Gellhaus Secretary 2
Officer
$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
2025 No data No data No data No data
2024 $65,498 $22,322 $889,533 $43,176
2023 $33,074 $12,643 $798,723 $20,431
2023 $34,439 $23,702 $833,846 $10,737
2022 $50,263 $15,257 $788,228 $35,006
2021 $154,977 $12,871 $828,037 $142,106
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