BLIND CENTER OF NEVADA INC

🔒

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

1955

Legal Domicile

Principal Officer

DAVID R DOTY

Phone

7026426000

Tax Period

2023-01-01 to 2023-12-31

BLIND CENTER OF NEVADA INC, founded in 1955, is a mid-sized nonprofit that reported $16.1M in total revenue in fiscal year 2023. Revenue surged 187% from the prior year, signaling strong growth momentum. The organization ran a surplus of $12.0M, a strong 75% operating margin.

Mission

THE BLIND CENTER OF NEVADA IS A NON-PROFIT ORGANIZATION DEDICATED TO ASSISTING BLIND AND VISUALLY IMPAIRED PERSONS OF ALL AGES IN REACHING THEIR HIGHEST PHYSICAL, SOCIAL, INTELLECTUAL, AND ECONOMIC POTENTIAL.

Program Service Accomplishments

Program 1

Expenses: $3,592,541 Revenue: $4,896,917

THE BLIND CENTER OF NEVADA PROVIDES FACILITIES AND TRANSPORTATION TO BLIND AND VISUALLY IMPAIRED PERSONS IN THE LAS VEGAS NEVADA AREA. THE MEMBERS OF THE BLIND CENTER ARE PROVIDED WITH VOCATIONAL AND OTHER TRAINING TO HELP THEM RE-INTEGRATE INTO THE WORKFORCE. THEY ARE PROVIDED MEALS AND RIDES ON A DAILY BASIS TO HELP THEM ATTEND THEIR CLASSES AT THE BLIND CENTER. THE BLIND CENTER ALSO PROVIDES EMPLOYMENT OPPORTUNITIES TO THE BLIND AND VISUALLY IMPAIRED THROUGH ITS EXEMPT PURPOSE INDUSTRIES THAT ALLOW ITS MEMBERS TO ACCUSTOM THEMSELVES INTO THE WORKFORCE. THE CENTER ALSO PROVIDES LIMITED COUNSELING AND SOCIAL INTERACTION FOR ITS MEMBERS.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $11,178,244

Program Service Revenue $4,094,728

Investment Income $802,189

Other Revenue $0

TOTAL REVENUE $16,075,161

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,277,137

Fundraising Expenses $0

Program Expenses $3,592,541

Other Expenses $1,784,672

TOTAL EXPENSES $4,061,809

Year-over-Year Comparison

	2023	2022	Change
Revenue	$16,075,161	$5,606,964	+1.9%
Expenses	$4,061,809	$3,705,867	+0.1%
Net Income	$12,013,352	$1,901,097	+5.3%

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

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

$167,318

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LLOYD BENSON	DIRECTOR	2.00	Director	$0	$0	$0
HELGA FUENFHAUSEN	DIRECTOR	2.00	Director	$0	$0	$0
SUSAN JOHNSON	DIRECTOR	2.00	Director	$0	$0	$0
LARRY PIPARO	DIRECTOR	2.00	Director	$0	$0	$0
JEFF W DAVIS	CHAIRMAN	2.00	Director	$0	$0	$0
NEAL MAREK	DIRECTOR	2.00	Director	$0	$0	$0
JEREMY COOPER	DIRECTOR	2.00	Director	$0	$0	$0
WILLIAM COVINGTON	DIRECTOR	2.00	Director	$0	$0	$0
DAVID R DOTY	CFO	50.00	Officer	$145,726	$21,592	$167,318
TODD IMHOLTE	PRESIDENT	50.00	Highest	$156,232	$22,167	$178,399

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	$16,075,161	$4,061,809	$30,633,913	$12,013,352
2022	$5,606,964	$3,705,867	$19,096,666	$1,901,097
2021	$5,607,514	$2,902,420	$17,101,891	$2,705,094
2020	$4,619,927	$2,304,049	$12,342,902	$2,315,878
2018	$3,833,502	$3,101,215	$9,261,164	$732,287