FLORIDA COUNCIL OF THE BLIND INC

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1979

Legal Domicile

Principal Officer

MIKEY WISEMAN

Phone

4073141377

Tax Period

2024-07-01 to 2025-06-30

FLORIDA COUNCIL OF THE BLIND INC, founded in 1979, is a small nonprofit in the Human Services sector that reported $115K in total revenue in fiscal year 2024. Expenses of $105K left a modest 8% surplus.

Mission

SEE SCHEDULE 0

Program Service Accomplishments

Program 1

Expenses: $74,481 Revenue: $114,846

PROJECT INSIGHT-MAINTAIN A TOLL FREE TELEPHONE FOR VISUALLY IMPRAIRED PERSONS AND THEIR FAMILIES TO GET HELP WITH PROBLEMS TO BLINDNESS. CONVENTIONS AND MEETINGS TO EDUCATE THE PUBLIC AND INFORM...

PROJECT INSIGHT-MAINTAIN A TOLL FREE TELEPHONE FOR VISUALLY IMPRAIRED PERSONS AND THEIR FAMILIES TO GET HELP WITH PROBLEMS TO BLINDNESS. CONVENTIONS AND MEETINGS TO EDUCATE THE PUBLIC AND INFORM GROUPS ABOUT CURRENT TECHNOLOGY AND VARIOUS AREAS OF SELF-HELP AND ADULT EDUCATION OF THE BLIND.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $49,916

Program Service Revenue $0

Investment Income $64,930

Other Revenue $0

TOTAL REVENUE $114,846

Expense Breakdown

Grants Paid $0

Salaries & Benefits $16,217

Fundraising Expenses $0

Program Expenses $74,481

Other Expenses $89,110

TOTAL EXPENSES $105,327

Year-over-Year Comparison

	2024	2023	Change
Revenue	$114,846	$119,079	0.0%
Expenses	$105,327	$104,596	+0.0%
Net Income	$9,519	$14,483	-0.3%

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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

100

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SHEILA YOUNG	IMMEDIATE PAST PRESIDENT	8.00	Director	$0	$0	$0
MIKEY WISEMAN	PRESIDENT	8.00	Officer	$0	$0	$0
CASSANDRA JESSOE	1ST VICE PRESIDENT	8.00	Officer	$0	$0	$0
SHELLEY SAWYER	2ND VICE PRESIDENT	8.00	Officer	$0	$0	$0
ELIZABETH BOWDEN	RECORDING SECRETARY	8.00	Officer	$0	$0	$0
MARK LEAR	TREASURER	8.00	Officer	$0	$0	$0
SALLY BENJAMIN	MEMBERSHIP SECRETARY	8.00	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	$114,846	$105,327	$657,789	$9,519
2024	$119,079	$104,596	$648,179	$14,483
2021	$72,812	$42,737	$563,177	$30,075