BLINDSIGHT DELAWARE ENTERPRISES 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

2021

Legal Domicile

Principal Officer

KATHLEEN STOEBERL

Phone

3022950520

Tax Period

2024-07-01 to 2025-06-30

BLINDSIGHT DELAWARE ENTERPRISES INC, founded in 2021, is a community nonprofit in the Employment sector that reported $1.9M in total revenue in fiscal year 2024. Revenue surged 60% from the prior year, signaling strong growth momentum.

Mission

BLINDSIGHT DELAWARE ENTERPRISES (BSDE), INC IS A NONPROFIT WITH A MISSION TO CREATE PATHWAYS OF INDEPENDENCE FOR PEOPLE WHO ARE BLIND, VISUALLY IMPAIRED, DISABLED, AND VETERANS THROUGH WORKFORCE DEVELOPMENT AND EMPLOYMENT OPPORTUNITIES.

Program Service Accomplishments

Program 1

Revenue: $1,770,460

BSDE INC. PROVIDES BUSINESS SOLUTIONS TO ITS PARTNERS VIA OUTSOURCED CUSTOMER SERVICE CALL CENTERS STAFFED BY BSDE EMPLOYEES. IN FURTHERANCE OF ITS MISSION, BSDE DELIVERS ASSESSMENT AND TRAINING...

BSDE INC. PROVIDES BUSINESS SOLUTIONS TO ITS PARTNERS VIA OUTSOURCED CUSTOMER SERVICE CALL CENTERS STAFFED BY BSDE EMPLOYEES. IN FURTHERANCE OF ITS MISSION, BSDE DELIVERS ASSESSMENT AND TRAINING PROGRAMS TO ASSIST POTENTIAL EMPLOYEES IN GAINING THE SKILLS NEEDED FOR EMPLOYMENT IN THIS AREA AND PROVIDES JOBS TO THOSE EMPLOYEES FOR THESE OUTSOURCED CONTRACT OPERATIONS.

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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 $85,691

Program Service Revenue $1,770,460

Investment Income $0

Other Revenue $16,652

TOTAL REVENUE $1,872,803

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,399,405

Fundraising Expenses $0

Program Expenses $1,866,556

Other Expenses $477,626

TOTAL EXPENSES $1,877,031

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,872,803	$1,169,799	+0.6%
Expenses	$1,877,031	$1,169,799	+0.6%
Net Income	$-4,228	N/A	N/A

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

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

$324,413

Total Directors

$798,660

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JANET P SZLYK PHD	DIRECTOR	2.00	Director	$0	$38,950	$671,160
KATHLEEN STOEBERL	TREASURER	10.00	Officer	$0	$33,762	$324,413
JOHN BAKER	EXECUTIVE DI	40.00	Director	$127,500	$0	$127,500
GARY RICH	DIRECTOR	2.00	Director	$0	$0	$0
KENNETH ROLPH	DIRECTOR	2.00	Director	$0	$0	$0
TED WECKER	PRESIDENT	2.00	Officer Director	$0	$0	$0
ALAN WINGROVE	SECRETARY	2.00	Officer 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	$1,872,803	$1,877,031	$727,027	$-4,228
2024	$1,169,799	$1,169,799	$1,040,389	No data
2023	$407,655	$621,503	$1,562,649	$-213,848
2022	$565,389	$316,800	$307,487	$248,589