Clovernook Center For The Blind And Visually Impaired
- Assets
- $36.6m
- Revenue
- $10.9m
- Investments
- $8.7m
- Employees
- 103
- Location
- Cincinnati, OH
- Founding
- 03/1959
- Data as of
- 04/2022
- EIN
- 31-0584310
Organization Overview
Clovernook Center For The Blind And Visually Impaired is located in Cincinnati, OH. The organization was established in 1959. According to its NTEE Classification (P86) the organization is classified as: Blind & Visually Impaired Centers, under the broad grouping of Human Services and related organizations. As of 04/2022, Clovernook Center For The Blind And Visually Impaired employed 103 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Clovernook Center For The Blind And Visually Impaired is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 04/2022, Clovernook Center For The Blind And Visually Impaired generated $10.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.2% each year. All expenses for the organization totaled $8.8m during the year ending 04/2022. While expenses have increased by 0.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO EMPOWER PEOPLE WHO ARE BLIND AND VISUALLY IMPAIRED TO BE SELF-SUFFICIENT AND FULL PARTICIPANTS IN THEIR COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SOCIAL ENTERPRISES PROVIDES MEANINGFUL JOBS TO INDIVIDUALS WHO ARE BLIND OR VISUALLY IMPAIRED. OUR ASSOCIATES PRODUCE TOP-QUALITY FILE FOLDERS IN A LIGHT-MANUFACTURING ENVIRONMENT AND ALSO OFFER COMPETITIVE ASSEMBLY, PACKAGING AND SHIPPING TO MEET UNIQUE COMPANY SPECIFICATIONS. 1,883,757 FILE FOLDERS SHIPPED 20 EMPLOYEES IN 2021. THE CLOVERNOOK BRAILLE PRINTING HOUSE IS RECOGNIZED AS ONE OF THE LARGEST VOLUME PRODUCERS OF BRAILLE IN NORTH AMERICA, PRODUCING MORE THAN 20 MILLION PAGES ANNUALLY. CLOVERNOOK'S BRAILLE PRINTING HOUSE PRODUCES A VARIETY OF BRAILLE MATERIALS THAT INCLUDE BOOKS AND MAGAZINES FOR THE NATIONAL LIBRARY SERVICE (NLS), A DIVISION OF THE LIBRARY OF CONGRESS, TEXTBOOK MATERIALS, TACTILE GRAPHICS, RELIGIOUS PERIODICALS, MENUS, BUSINESS CARDS, INSTRUCTION MANUALS AND MORE. 14,000 BRAILLE READERS, 31 EMPLOYEES IN 2021.
CLOVERNOOK MEMPHIS PROGRAM SERVICES - PROVIDE TRAINING AND SUPPORT FOR COMMUNICATIONS, BRAILLE, ASSISTIVE TECHNOLOGY AND ORIENTATION & MOBILITY. THE ORGANIZATION ALSO PROVIDES VOCATIONAL EVALUATION, JOB READINESS, JOB PLACEMENT, JOB RETENTION, JOB COACHING AND FOLLOW ALONG FOR ONE YEAR, AS WELL AS PROVIDING INTAKE AND CASE MANAGEMENT SERVICES. 155 CLIENTS SERVED IN 2021.
CLOVERNOOK PROGRAM SERVICES TWICE MONTHLY OFFERS VISION SCREENING SERVICES FOR LOW INCOME AND UNINSURED ADULTS. ALSO, IN PARTNERSHIP WITH A LOCAL CHILDREN'S HOSPITAL, CLOVERNOOK PROVIDES A PEDIATRIC LOW VISION PROGRAM WHICH IS FAST BECOMING A NATIONAL MODEL FOR INTEGRATED SERVICES TO CHILDREN WITH PERMANENT VISION LOSS. ANNUALLY CLOVERNOOK CENTER HOSTS THE OHIO REGIONAL BRAILLE CHALLENGE COMPETITION FOR K-12 STUDENTS.
MULTISTATE CENTER EAST, UNDER CONTRACT WITH THE LIBRARY OF CONGRESS, DISTRIBUTES BOOKS IN ADAPTIVE FORMAT, INCLUDING AUDIO, AND RELATED MATERIALS FOR THE NATIONAL LIBRARY SERVICE FOR THE BLIND AND PRINT DISABLED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher Faust President/ceo | Officer | 40 | $178,454 |
Kenneth Lackman Controller/vice President Of Finance | Officer | 40 | $111,784 |
Jacqueline Conner Vice President Multi State | Officer | 40 | $99,684 |
Michael J Ehrensberger Board Chair - Exited 4/21/22 | OfficerTrustee | 2 | $0 |
Melanie J Beck Secretary | OfficerTrustee | 2 | $0 |
Andrew R Laskey Vice Chair - Exited 4/21/22 | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $27,000 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $695,422 |
| Noncash contributions included in lines 1a–1f | $115,421 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $722,422 |
| Total Program Service Revenue | $6,327,907 |
| Investment income | $1,255,402 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $19,471 |
| Net Gain/Loss on Asset Sales | $2,540,759 |
| Net Income from Fundraising Events | -$1,628 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $10,891,182 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $450,735 |
| Compensation of current officers, directors, key employees. | $185,898 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,195,173 |
| Pension plan accruals and contributions | $71,371 |
| Other employee benefits | $646,851 |
| Payroll taxes | $307,857 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $22,187 |
| Fees for services: Accounting | $28,300 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $83,672 |
| Fees for services: Other | $897,437 |
| Advertising and promotion | $29,028 |
| Office expenses | $27,923 |
| Information technology | $25,416 |
| Royalties | $0 |
| Occupancy | $727,630 |
| Travel | $26,768 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $5,200 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $336,878 |
| Insurance | $102,448 |
| All other expenses | $0 |
| Total functional expenses | $8,807,594 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,318,765 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $83,787 |
| Accounts receivable, net | $543,242 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $580,069 |
| Prepaid expenses and deferred charges | $36,365 |
| Net Land, buildings, and equipment | $1,768,088 |
| Investments—publicly traded securities | $23,479,104 |
| Investments—other securities | $8,652,080 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $142,819 |
| Total assets | $36,604,319 |
| Accounts payable and accrued expenses | $641,545 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $641,545 |
| Net assets without donor restrictions | $35,294,395 |
| Net assets with donor restrictions | $668,379 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $36,604,319 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Clovernook Center For The Blind And Visually Impaired has recieved totaling $234,123.
| Awarding Organization | Amount |
|---|---|
United Way Of Greater Cincinnati Foundation Cincinnati, OH PURPOSE: Donor Designated General | $117,400 |
Louise Taft Semple Foundation Cincinnati, OH PURPOSE: GENERAL | $30,000 |
Thomas J Emery Memorial Cincinnati, OH PURPOSE: ARTS & ACCESSIBILITY PROGRAM | $25,000 |
Charles H Dater Foundation Inc Cincinnati, OH PURPOSE: CLOVERNOOK CENTERS PEDIATRIC LOW VISIONPROGRAMS | $25,000 |
Greater Cincinnati Foundation Cincinnati, OH PURPOSE: GENERAL PURPOSE | $18,514 |
Tr Uw Otto Luedeking Cincinnati, OH PURPOSE: PROGRAM SUPPORT | $18,204 |
Endowment Analysis
| Beg. Balance | $34,029,036 |
| Earnings | -$834,524 |
| Other Expense | $1,538,000 |
| Ending Balance | $31,656,512 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Keystone Blind Association Hermitage, PA | $7,368,800 | $13,832,538 |
Cincinnati Association For The Blind Cincinnati, OH | $47,537,282 | $12,376,472 |
Cleveland Society For The Blind Cleveland, OH | $134,853,057 | $29,589,386 |
North Central Sight Services Inc Williamsport, PA | $12,090,988 | $11,041,823 |
Visioncorps Lancaster, PA | $39,668,941 | $11,840,915 |
Clovernook Center For The Blind And Visually Impaired Cincinnati, OH | $36,604,319 | $10,891,182 |
Blind And Vision Rehabilitation Services Of Pittsburgh Pittsburgh, PA | $25,679,147 | $6,285,945 |
Westmoreland County Blind Association Greensburg, PA | $14,981,465 | $5,292,984 |
Lighthouse Inc Philadelphia, PA | $2,081,497 | $3,206,169 |
Visionlink Bensalem, PA | $17,778,365 | $2,300,660 |
Evansville Assn For The Blind Evansville, IN | $4,701,914 | $1,432,635 |
Sights For Hope Allentown, PA | $1,892,780 | $1,212,995 |