METROLINA ASSOCIATION FOR THE BLIN… - Form 990 Financial Data

🔒

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

1938

Legal Domicile

Principal Officer

TRACY LIBERTINO-FEGARSKY

Phone

7048875101

Tax Period

2024-07-01 to 2025-06-30

METROLINA ASSOCIATION FOR THE BLIND INC, founded in 1938, is a community nonprofit in the Diseases & Disorders sector that reported $4.6M in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $4.2M left a modest 8% surplus.

Mission

THE ASSOCIATION'S MISSION IS TO REDUCE, PREVENT OR ELIMINATE THE DAILY CHALLENGES EXPERIENCED BY PEOPLE LIVING WITH BLINDNESS OR VISUAL IMPAIRMENT, AND TO FACILITATE THE PERSONAL GROWTH AND DEVELOPMENT OF SUCH INDIVIDUALS.

Program Service Accomplishments

Program 1

Expenses: $1,114,598 Revenue: $303,302

VRS PROGRAM - PERSONAL ADJUSTMENT AND REHABILITATION-ENABLE BLIND AND VISUALLY IMPAIRED PEOPLE TO ADJUST TO THEIR VISION LOSS AND MANAGE SELECTED DAILY LIVING ACTIVITIES INDEPENDENTLY BY THE...

VRS PROGRAM - PERSONAL ADJUSTMENT AND REHABILITATION-ENABLE BLIND AND VISUALLY IMPAIRED PEOPLE TO ADJUST TO THEIR VISION LOSS AND MANAGE SELECTED DAILY LIVING ACTIVITIES INDEPENDENTLY BY THE PROVISION OF THE DIRECT SERVICES OF THERAPEUTIC CASEWORK, REHABILITATIVE TEACHING, ACCESSIBLE TECHNOLOGY ORIENTATION AND MOBILITY INSTRUCTION, LOW VISION TRAINING, AND SUPPORT SERVICES.

Program 2

Expenses: $2,343,053 Revenue: $3,434,196

ADS PROGRAM - TRANSCRIPTION, REPRODUCTION AND SHIPPING OF BOOKS, LETTERS, LEGAL DOCUMENTS AND MONTHLY STATEMENTS IN BRAILLE, LARGE PRINT FORMAT, AUDIO AND ACCESSIBLE PDF.

Program 3

Expenses: $222,103 Revenue: $3,484

TRANSPORTATION PROGRAM AND MOBILITY MANAGEMENT - DOOR THROUGH DOOR TRANSPORTATION FOR THE ELDERLY AND HANDICAPPED IN MECKLENBURG AND SURROUNDING COUNTIES.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $841,396

Program Service Revenue $3,738,375

Investment Income $11,837

Other Revenue $-12,117

TOTAL REVENUE $4,579,491

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,888,588

Fundraising Expenses $70,205

Program Expenses $3,679,754

Other Expenses $1,323,980

TOTAL EXPENSES $4,212,568

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,579,491	$4,077,562	+0.1%
Expenses	$4,212,568	$3,911,167	+0.1%
Net Income	$366,923	$166,395	+1.2%

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

$241,367

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOANNE O'BRIEN BEAM	DIRECTOR	0.50	Director	$0	$0	$0
MORGAN ALLEN	CHAIRMAN	2.00	Officer Director	$0	$0	$0
SABRENA BOYD FOXX	DIRECTOR	0.40	Director	$0	$0	$0
ALICIA TORRES	DIRECTOR	0.40	Director	$0	$0	$0
BECKY DAVIDSON	VICE CHAIRMAN	2.00	Officer Director	$0	$0	$0
ANNE ONAFOWOKAN	DIRECTOR	0.40	Director	$0	$0	$0
ROBERTO YON	DIRECTOR	1.00	Director	$0	$0	$0
WILLIAM COWDEN JR	DIRECTOR	1.00	Director	$0	$0	$0
MICHELLE TREADAWAY	DIRECTOR	1.00	Director	$0	$0	$0
TRACY LIBERTINO - FEGARSKY	PRESIDENT / CEO	37.50	Officer	$155,015	$444	$155,459
KEISHA PARRIS	CONTROLLER	37.50	Officer	$82,085	$3,823	$85,908
DR LAURIE HOFFMAN	OPTOMETRIST	37.50	Highest	$156,539	$4,090	$160,629
RICHARD HARTNESS	SENIOR SOFTWARE DEVELOPER	37.50	Highest	$126,638	$0	$126,638
BENJAMIN PACK	SENIOR SOFTWARE DEVELOPER	37.50	Highest	$108,855	$3,872	$112,727

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	$4,579,491	$4,212,568	$2,132,703	$366,923
2024	$4,077,562	$3,911,167	$1,864,901	$166,395
2023	$3,797,365	$4,288,384	$1,731,831	$-491,019
2022	$3,646,463	$3,589,881	$1,978,768	$56,582
2021	$3,809,591	$3,430,666	$1,550,880	$378,925
2020	$3,449,045	$3,371,965	$1,602,742	$77,080
2019	$3,501,419	$3,628,894	$1,067,189	$-127,475
2018	$3,960,123	$4,027,156	$1,250,256	$-67,033

METROLINA ASSOCIATION FOR THE BLIND INC