METROLINA ASSOCIATION FOR THE BLIND INC

EIN: 560529998 501(c)(3) Diseases & Disorders

CHARLOTTE, NC

Total Revenue
$4,579,491
Total Expenses
$4,212,568
Total Assets
$2,132,703
Net Assets
$1,049,904
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1938
Legal Domicile
NC
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

ENABLE PEOPLE EXPERIENCING BLIND AND VISUAL IMPAIRMENT 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, ORIENTATION AND MOBILITY INSTRUCTION, LOW VISION TRAINING AND CLINICAL ASSESSMENT, DOOR-THROUGH-DOOR TRANSPORTATION, AND SUPPORT SERVICE. IN ADDITION TO ONE-ON-ONE SESSIONS, MAB PROVIDES GROUP TRAINING AND SUPPORT FOR MOBILITY MANAGEMENT, INDEPENDENT LIVING, VOCATIONAL READINESS, ACCESSIBLE TRAINING, AND COMMUNITY ENGAGEMENT. ADDITIONALLY, THE ORGANIZATION PROVIDES ACCESSIBLE DOCUMENT / COMMUNICATION SERVICES TO ORGANIZATIONS TO SUPPORT THE INDEPENDENCE OF INDIVIDUALS EXPERIENCING VISION LOSS THROUGH THE RECEIPT OF INFORMATION OR DOCUMENTS THAT ALLOW THE INDIVIDUAL TO MANAGE THEIR PERSONAL FINANCES AND DAILY LIVING INDEPENDENTLY.

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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 $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
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Governance

Voting Members
9
Independent Members
9
Employees
47
Volunteers
52

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
$241,367
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
3
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
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