THE LIGHTHOUSE FOR THE BLIND INC (EIN 910295070) - 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

1918

Legal Domicile

Principal Officer

GEORGE ABBOTT

Phone

2063224200

Tax Period

2023-10-01 to 2024-09-30

THE LIGHTHOUSE FOR THE BLIND INC, founded in 1918, is a mid-sized nonprofit that reported $98.5M in total revenue in fiscal year 2023. Revenue surged 20% from the prior year, signaling strong growth momentum.

Mission

WE EMPOWER PEOPLE WHO ARE BLIND, DEAFBLIND, AND BLIND WITH OTHER DISABILITIES BY CREATING DIVERSE, SUSTAINABLE, AND MEANINGFUL EMPLOYMENT OPPORTUNITIES.

🔒

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 $992,006

Program Service Revenue $96,460,164

Investment Income $1,032,231

Other Revenue $28,570

TOTAL REVENUE $98,512,971

Expense Breakdown

Grants Paid $0

Salaries & Benefits $33,992,073

Fundraising Expenses $120,445

Program Expenses $87,331,428

Other Expenses $64,345,748

TOTAL EXPENSES $98,337,821

Year-over-Year Comparison

	2023	2022	Change
Revenue	$98,512,971	$81,869,254	+0.2%
Expenses	$98,337,821	$88,833,716	+0.1%
Net Income	$175,150	$-6,964,462	-1.0%

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

503

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

$1,544,217

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PAUL REED	CHAIRMAN	1.00	Officer Director	$0	$0	$0
ALAN CHAFFEE	TRUSTEE	1.00	Director	$0	$0	$0
PETER CHIARELLI	TRUSTEE (THRU 11/23)	1.00	Director	$0	$0	$0
HAROLD EGLER	TRUSTEE	1.00	Director	$0	$0	$0
GARY MACKENSTADT	TRUSTEE	1.00	Director	$0	$0	$0
MATTHEW PEDERSEN	TRUSTEE	1.00	Director	$0	$0	$0
JUDE JOHNSON	TRUSTEE (THRU 11/23)	1.00	Director	$0	$0	$0
MARK ROWLEY	TRUSTEE (THRU 11/23)	1.00	Director	$0	$0	$0
MATTHEW JANUSAUSKAS	TRUSTEE	1.00	Director	$0	$0	$0
JOHN CRADDOCK	TRUSTEE	1.00	Director	$0	$0	$0
ISAAC MARSHALL	TRUSTEE	1.00	Director	$0	$0	$0
LACHELLE SMITH	TRUSTEE	1.00	Director	$0	$0	$0
MICHAEL WITWER	TRUSTEE	1.00	Director	$0	$0	$0
DAVID KIDD	TRUSTEE	1.00	Director	$0	$0	$0
GEORGE ABBOTT	PRESIDENT & CEO	39.00	Officer	$283,830	$36,711	$320,541
PATRICK OHARA	CHIEF OPERATIONS OFFICER	40.00	Officer	$211,328	$23,821	$235,149
RABI GUPTA	CFO & TREASURER	39.00	Officer	$193,754	$17,775	$211,529
RONALD WAGNER	VP OF HUMAN RESOURCES	40.00	Officer	$149,120	$12,821	$161,941
MELANIE WIMMENAUER	VP OF SERVICE BUSINESS & BASE SUPPLY CENTERS	40.00	Officer	$153,199	$19,892	$173,091
AMY KOEHL	VP OF EMPLOYEE & COMMUNITY SERVICES	40.00	Officer	$135,869	$19,398	$155,267
DIANA CROMBIE	VP OF BUSINESS SYSTEMS	40.00	Officer	$130,647	$18,821	$149,468
CHARLES DOBBS	VP OF ADMINISTRATION	40.00	Officer	$119,789	$17,442	$137,231
SCOTT BANDO	CONTROLLER	40.00	Highest	$117,371	$28,809	$146,180
MICHAEL LIEFSON	MATERIALS MANAGER	40.00	Highest	$134,025	$26,085	$160,110
REMONA COWSER	DIRECTOR OF PRODUCT MANAGEMENT VA MEDICAL	40.00	Highest	$156,890	$27,968	$184,858
ANNA SHAGAS	OPTOMETRIST, LOW VISION	40.00	Highest	$150,569	$12,407	$162,976
SCOTT NICOLAUS	DIRECTOR OF SALES AND BUSINESS DEVELOPMENT	40.00	Highest	$175,927	$8,070	$183,997

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	$98,512,971	$98,337,821	$72,521,863	$175,150
2023	$81,869,254	$88,833,716	$69,887,568	$-6,964,462
2022	$79,241,773	$82,932,417	$67,863,609	$-3,690,644
2021	$106,797,396	$97,723,807	$75,217,656	$9,073,589
2020	$96,974,887	$87,473,025	$80,430,822	$9,501,862
2019	$100,144,599	$97,165,069	$58,583,847	$2,979,530
2018	$86,464,545	$82,279,838	$59,936,519	$4,184,707

THE LIGHTHOUSE FOR THE BLIND INC