WORLD SERVICES FOR THE BLIND (EIN 710208511) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1947

Legal Domicile

Principal Officer

ERIC YARBERRY

Phone

5016647100

Tax Period

2023-07-01 to 2024-06-30

World Services for the Blind, founded in 1947, is a community nonprofit in the Human Services sector that reported $3.0M in total revenue in fiscal year 2017.

Mission

TO EMPOWER PEOPLE WHO ARE BLIND OR VISUALLY IMPAIRED IN THE UNITED STATES AND AROUND THE WORLD TO ACHIEVE SUSTAINABLE INDEPENDENCE.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $397,819

Program Service Revenue $2,832,592

Investment Income $16,446

Other Revenue $66,452

TOTAL REVENUE $3,313,309

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,442,994

Fundraising Expenses $31,525

Program Expenses $2,431,746

Other Expenses $1,400,519

TOTAL EXPENSES $2,843,513

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,313,309	$3,830,014	-0.1%
Expenses	$2,843,513	$2,329,264	+0.2%
Net Income	$469,796	$1,500,750	-0.7%

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

$208,977

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ERIC YARBERRY	CEO	35.00	Officer	$85,833	$8,304	$94,137
PETER KUMPE	BOARD MEMBER	1.00	Director	$0	$0	$0
AMANDA BEAUDOIN	CFO	35.00	Officer	$95,000	$19,840	$114,840
NOEL STRAUSS	CHAIRMAN	1.00	Officer Director	$0	$0	$0
ELIZABETH CROOKE	VICE CHAIR	1.00	Officer Director	$0	$0	$0
CASI RUNNELLS	SECRETARY	1.00	Officer Director	$0	$0	$0
JOHN LANDRUM	TREASURER	1.00	Officer Director	$0	$0	$0
KENNETH REED	IMMEDIATE PAST CHAIRMAN	1.00	Officer Director	$0	$0	$0
JAMES COLEMAN	BOARD MEMBER	1.00	Director	$0	$0	$0
ALLEN MCDOWELL	BOARD MEMBER	1.00	Director	$0	$0	$0
BOB WILLIAMS	BOARD MEMBER	1.00	Director	$0	$0	$0
DON NOLAND	BOARD MEMBER	1.00	Director	$0	$0	$0
TAWNYA BUSTER	BOARD MEMBER	1.00	Director	$0	$0	$0
BILL BIGGS	BOARD MEMBER	1.00	Director	$0	$0	$0
TERRY STERZIK	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
2025	No data	No data	No data	No data
2024	$3,313,309	$2,843,513	$18,023,781	$469,796
2023	$3,830,014	$2,329,264	$17,622,958	$1,500,750
2022	$3,201,645	$4,871,910	$15,569,074	$-1,670,265
2021	$4,232,163	$2,291,346	$8,545,733	$1,940,817
2020	$3,984,925	$2,217,366	$6,944,172	$1,767,559
2019	$3,085,909	$3,017,643	$1,681,282	$68,266
2018	$2,979,199	$3,000,324	$1,715,255	$-21,125

WORLD SERVICES FOR THE BLIND