BRAILLE INSTITUTE OF AMERICA INC (EIN 951641426) - Form 990 Financial Analysis & Trantor Score

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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

1961

Legal Domicile

Principal Officer

JAMES P KALES

Phone

3236631111

Tax Period

2023-07-01 to 2024-06-30

BRAILLE INSTITUTE OF AMERICA INC, founded in 1961, is a mid-sized nonprofit in the Human Services sector that reported $34.2M in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion. The organization ran a surplus of $8.9M, a strong 26% operating margin.

Mission

To eliminate barriers caused by blindness and severe sight loss.

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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 (2023)

Revenue Breakdown

Contributions & Grants $20,334,874

Program Service Revenue $0

Investment Income $9,989,695

Other Revenue $3,830,412

TOTAL REVENUE $34,154,981

Expense Breakdown

Grants Paid $0

Salaries & Benefits $15,864,502

Fundraising Expenses $3,680,701

Program Expenses $18,223,994

Other Expenses $9,217,271

TOTAL EXPENSES $25,302,773

Year-over-Year Comparison

	2023	2022	Change
Revenue	$34,154,981	$29,582,081	+0.2%
Expenses	$25,302,773	$23,614,561	+0.1%
Net Income	$8,852,208	$5,967,520	+0.5%

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

221

Volunteers

681

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

$898,364

Total Directors

Key Employees

$683,681

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DIANE WILKINSON	DIRECTOR	1.00	Director	$0	$0	$0
DONALD WHINFREY	DIRECTOR	1.00	Director	$0	$0	$0
GEORGE E THOMAS	DIRECTOR	1.00	Director	$0	$0	$0
HARVEY STRODE	DIRECTOR	1.00	Director	$0	$0	$0
JAMES H JACKSON	DIRECTOR	1.00	Director	$0	$0	$0
JAMES J RHODES	CHAIRMAN	1.00	Officer Director	$0	$0	$0
JEANNE OLENICOFF	DIRECTOR	1.00	Director	$0	$0	$0
JOHN G NUANES	DIRECTOR	1.00	Director	$0	$0	$0
LESTER M SUSSMAN	DIRECTOR	1.00	Director	$0	$0	$0
LINDA A LAM	DIRECTOR	1.00	Director	$0	$0	$0
MADHU AYYAGARI	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL C CORLEY	DIRECTOR	1.00	Director	$0	$0	$0
PATRICIA BRAMHALL	DIRECTOR	1.00	Director	$0	$0	$0
PERCY DURAN III	DIRECTOR	1.00	Director	$0	$0	$0
RICHARD NELSON	DIRECTOR (UNTIL 1/2024)	1.00	Director	$0	$0	$0
WILLIAM J LINK	DIRECTOR	1.00	Director	$0	$0	$0
ANTHONY TAKETA	SECRETARY	38.00	Officer	$242,431	$32,029	$274,460
DEBRA MARTIN	CFO	38.00	Officer	$149,753	$6,616	$156,369
JAMES KALES	PRESIDENT	38.00	Officer	$403,465	$64,070	$467,535
GARY JIMENEZ	VP DEVELOPMENT	38.00	Key Emp	$236,529	$30,967	$267,496
LISA JIMENZ	VP PROGRAM & SERV.	38.00	Key Emp	$186,452	$24,507	$210,959
SERGIO OLIVA ALFARO	VP PROGRAM & SERV.	38.00	Key Emp	$182,614	$22,612	$205,226
DHAVAL SHAH	DIRECTOR OF IT	38.00	Highest	$146,286	$33,485	$179,771
JAMIE AUNG	CONTROLLER	38.00	Highest	$151,516	$19,626	$171,142
KIRSTEN JASNA	DIR. OF DEVELOPMENT	38.00	Highest	$141,527	$22,657	$164,184
MARIA VALDIVIA	VP TECHNOLOGY	38.00	Highest	$177,741	$24,060	$201,801
SANDY SHIN	VP MARKETING & COMMUN.	38.00	Highest	$188,882	$61,617	$250,499
REZAUR RAHMAN	FORMER CFO	0.00		$123,855	$8,653	$132,508

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	$34,154,981	$25,302,773	$296,457,223	$8,852,208
2023	$29,582,081	$23,614,561	$267,484,419	$5,967,520
2022	$37,676,823	$21,348,741	$250,513,312	$16,328,082
2021	$32,054,721	$20,298,433	$282,084,911	$11,756,288

BRAILLE INSTITUTE OF AMERICA INC