FLORIDA OUTREACH CENTER FOR THE BLIND INC

EIN: 550827232 501(c)(3) Human Services

PALM SPRINGS, FL

Total Revenue
$500,483
Total Expenses
$380,818
Total Assets
$1,219,462
Net Assets
$1,214,162
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
FL
Principal Officer
FRANK SEIDMAN
Phone
5616420005
Tax Period
2024-01-01 to 2024-12-31

FLORIDA OUTREACH CENTER FOR THE BLIND INC, founded in 2000, is a small nonprofit in the Human Services sector that reported $500K in total revenue in fiscal year 2024. Revenue surged 24% from the prior year, signaling strong growth momentum. The organization ran a surplus of $120K, a strong 24% operating margin.

Mission

FLORIDA OUTREACH CENTER FOR THE BLIND IS ORGANIZED AND OPERATED TO RAISE FUNDS IN ORDER TO PROVIDE VISUALLY IMPAIRED PEOPLE, TRAINING IN VARIOUS INDEPENDENT LIVING SKILLS IN A FULL-SERVCE TRAINING FACILITY

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $464,400
Program Service Revenue $904
Investment Income $14,595
Other Revenue $20,584
TOTAL REVENUE $500,483

Expense Breakdown

Grants Paid $0
Salaries & Benefits $218,430
Fundraising Expenses $0
Program Expenses $363,942
Other Expenses $162,388
TOTAL EXPENSES $380,818

Year-over-Year Comparison

2024 2023 Change
Revenue $500,483 $402,783 +0.2%
Expenses $380,818 $349,846 +0.1%
Net Income $119,665 $52,937 +1.3%
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

Sign In

Governance

Voting Members
11
Independent Members
11
Employees
6
Volunteers
44

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
6
$66,146
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
FRANK SEIDMAN BOARD MEMEBER 1.00
Director
$0 $0 $0
BOBBIE HOWARD-DAVIS PRESIDENT 4.00
Officer Director
$0 $0 $0
DREW WRIGHT BOARD MEMBER 1.00
Director
$0 $0 $0
EDNA STRNAD VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
CAROLYN LAPP EXECUTIVE DIRECTOR 40.00
Officer
$66,146 $0 $66,146
THOMAS TOBIN BOARD MEMBER 1.00
Director
$0 $0 $0
LOU FERRI TREASURER 2.00
Officer Director
$0 $0 $0
OZZIE OSBORNE BOARD MEMBER 1.00
Director
$0 $0 $0
MICHELLE ROGERS BOARD MEMBER 1.00
Director
$0 $0 $0
DENNIS STEVENSON 2ND VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
NICOLE D FINCHAM-SHEHAN SECRETARY 2.00
Officer Director
$0 $0 $0
ARTHUR MEHR BOARD MEMBER 1.00
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
2024 $500,483 $380,818 $1,219,462 $119,665
2023 $402,783 $349,846 $1,105,775 $52,937
2022 $401,170 $304,102 $1,046,392 $97,068
2021 $365,404 $238,138 $948,688 $127,266
2020 $263,696 $230,013 $843,420 $33,683
2018 $729,740 $206,685 $747,315 $523,055
Explore More Nonprofits
→Top 100 Nonprofits in Florida →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare FLORIDA OUTREACH CENTER FOR THE BLIND INC with other nonprofits in Florida and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.