IRIS Lending for the Blind Inc (EIN 832857694) - Form 990 Financial Analysis & Trantor Score

🔒

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

2019

Legal Domicile

Principal Officer

Julia Neimes

Phone

9047423529

Tax Period

2024-01-01 to 2024-12-31

IRIS Lending for the Blind Inc, founded in 2019, is a small nonprofit in the Human Services sector that reported $225K in total revenue in fiscal year 2024. Revenue surged 64% from the prior year, signaling strong growth momentum. The organization ran a surplus of $106K, a strong 47% operating margin.

Mission

To provide Christian Books and reading materials to the blind

🔒

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 $0

Program Service Revenue $225,355

Investment Income $87

Other Revenue $0

TOTAL REVENUE $225,442

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $110,034

Other Expenses $119,422

TOTAL EXPENSES $119,422

Year-over-Year Comparison

	2024	2023	Change
Revenue	$225,442	$137,310	+0.6%
Expenses	$119,422	$53,374	+1.2%
Net Income	$106,020	$83,936	+0.3%

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

N/A

Volunteers

N/A

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
Julia Neimes	President	050.00	Officer Director Key Emp	$0	$0	$0
Fred Peter Guilmette	Vice President	050.00	Officer Director Key Emp	$0	$0	$0
Ronald Charlton	Secretary	001.00	Officer Director	$0	$0	$0
Rev Peter Hoffman	Director	001.00	Director	$0	$0	$0
Robin Paris	Director	001.00	Director	$0	$0	$0
Sherry Pikulski	Director	004.00	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
2024	$225,442	$119,422	$1,182,603	$106,020
2022	$110,345	$54,143	$508,180	$56,202

IRIS Lending for the Blind Inc