THE TLC FOUNDATION FOR THE BLIND (EIN 954155746) - 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

2003

Legal Domicile

Principal Officer

BONNIE SCHLACHTE

Phone

8187081740

Tax Period

2024-07-01 to 2025-06-30

THE TLC FOUNDATION FOR THE BLIND, founded in 2003, is a small nonprofit that reported $368K in total revenue in fiscal year 2024. Revenue surged 89% from the prior year, signaling strong growth momentum. The organization ran a surplus of $259K, a strong 70% operating margin.

Mission

THE TLC FOUNDATION FOR THE BLIND WAS FORMED TO DEVELOP FINANCIAL SUPPORT, CREATE INFORMATIONAL RESOURCES AND HELP EXTEND ADVOCACY FOR SERVICES AND RESOURCES FOR ITS AFFILIATES IN SUPPORT OF THE MULTI-HANDICAPPED BLIND.

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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 $365,437

Program Service Revenue $0

Investment Income $2,176

Other Revenue $0

TOTAL REVENUE $367,613

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $48,000

Program Expenses $11

Other Expenses $60,585

TOTAL EXPENSES $108,585

Year-over-Year Comparison

	2024	2023	Change
Revenue	$367,613	$194,197	+0.9%
Expenses	$108,585	$80,940	+0.3%
Net Income	$259,028	$113,257	+1.3%

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

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

$324,425

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ADRIENNE CRANE-ROSS	PRESIDENT	0.50	Officer Director	$0	$0	$0
ZANE ALSABERY	PRESIDENT(THRU 12/24)	0.50	Officer Director	$0	$0	$0
APRIL MEADOW	SECRETARY	0.50	Officer Director	$0	$0	$0
HERBERT LAMPERT	TREASURER	0.50	Officer Director	$0	$0	$0
DAVID GRUNWALD	DIRECTOR	0.50	Director	$0	$0	$0
RONNIE WILLETT	DIRECTOR	0.50	Director	$0	$0	$0
BONNIE SCHLACHTE	EXECUTIVE DIRECTOR	2.50	Officer	$0	$37,044	$324,425

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	$367,613	$108,585	$1,321,582	$259,028
2024	No data	No data	No data	No data
2023	$281,720	$47,785	$913,803	$233,935
2022	$230,197	$50,861	$628,119	$179,336
2021	$350,022	$91,584	$411,726	$258,438
2020	$381,026	$305,341	$160,342	$75,685
2019	$300,147	$318,112	$84,657	$-17,965
2018	$378,109	$302,641	$102,622	$75,468

THE TLC FOUNDATION FOR THE BLIND