FLORIDA CENTER FOR THE BLIND INC (EIN 592953392) - Form 990 Financial Analysis & Trantor Score

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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

1989

Legal Domicile

Principal Officer

ANISSA PIERIBONI

Phone

3528734700

Tax Period

2023-01-01 to 2023-12-31

FLORIDA CENTER FOR THE BLIND INC, founded in 1989, is a small nonprofit that reported $796K in total revenue in fiscal year 2023. Revenue decreased 18% compared to the prior year. Expenses of $686K left a modest 14% surplus.

Mission

THE MISSION OF THE FLORIDA CENTER FOR THR BLIND IS TO INSTRUCT INDIVIDUALS WITH VISUAL IMPAIRMENTS IN THE USE OF THOSE COMPENSATORY SKILLS AND AIDS THAT WILL ENABLE THEM TO LIVE SAFELY, PRODUCTIVELY, INDEPENDENTLY AND INTERDEPENDENTLY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $781,505

Program Service Revenue $0

Investment Income $10,668

Other Revenue $4,273

TOTAL REVENUE $796,446

Expense Breakdown

Grants Paid $0

Salaries & Benefits $423,461

Fundraising Expenses $33,999

Program Expenses $570,572

Other Expenses $262,705

TOTAL EXPENSES $686,166

Year-over-Year Comparison

	2023	2022	Change
Revenue	$796,446	$972,800	-0.2%
Expenses	$686,166	$680,479	+0.0%
Net Income	$110,280	$292,321	-0.6%

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

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

$110,372

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALAN ALTANY	CHAIRMAN/TREASURER	1.00	Officer Director	$0	$0	$0
PRAVINA PATEL	VICE CHAIRMAN	1.00	Officer Director	$0	$0	$0
PETER TYLER	SECRETARY	1.00	Officer Director	$0	$0	$0
ANISSA PIERIBONI	PRESIDENT/CEO	40.00	Officer	$99,117	$11,255	$110,372

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	No data	No data	No data	No data
2023	$796,446	$686,166	$7,347,157	$110,280
2022	$972,800	$680,479	$6,578,589	$292,321
2021	$788,941	$640,509	$7,219,562	$148,432
2020	$700,885	$533,134	$6,751,879	$167,751
2019	$549,297	$646,217	$5,933,551	$-96,920
2018	$740,592	$586,863	$5,411,277	$153,729

FLORIDA CENTER FOR THE BLIND INC