Audio & Braille Literacy Enhancement Inc
- Assets
- $878.2k
- Revenue
- $490.0k
- Investments
- $0.0
- Employees
- 12
- Location
- Milwaukee, WI
- Founding
- 02/1988
- Data as of
- 12/2021
- EIN
- 39-1593301
Organization Overview
Audio & Braille Literacy Enhancement Inc is located in Milwaukee, WI. The organization was established in 1988. According to its NTEE Classification (G41) the organization is classified as: Eye Diseases, Blindness & Vision Impairments, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 12/2021, Audio & Braille Literacy Enhancement Inc employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Audio & Braille Literacy Enhancement Inc 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 12/2021, Audio & Braille Literacy Enhancement Inc generated $490.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $428.2k during the year ending 12/2021. While expenses have increased by 5.7% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
ABLE PROVIDES AUDIO AND BRAILLE TRANSCRIPTION SERVICES TO INCREASE ACCESS TO A WIDE VARIETY OF INFORMATION FOR PERSONS WHO ARE BLIND, VISUALLY IMPAIRED OR PRINT DISABLED. MATERIALS CAN BE PRODUCED IN BRAILLE, TACTILE OR AUDIO DIGITAL FORMATS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AUDIO PROGRAM SERVICES: PRODUCE MATERIALS IN AUDIO FORMATS, BOTH SYNTHESIZED AND READ ALOUD, FOR BLIND AND PRINT DISABLED INDIVIDUALS AND/OR ORGANIZATIONS AND INSTITUTIONS THAT SERVE THIS POPULATION.BRAILLE PROGRAM SERVICES: PRODUCE MATERIALS IN BRAILLE OR TACTILE FORMATS FOR BLIND AND PRINT DISABLED INDIVIDUALS AND/OR ORGANIZATIONS AND INSTITUTIONS THAT SERVE THIS POPULATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cheryl Orgas Executive Director | Officer | 40 | $57,128 |
Michelle Gran President | OfficerTrustee | 1 | $0 |
Erica Reib Vice President | OfficerTrustee | 1 | $0 |
Diana Pine Secretary | OfficerTrustee | 1 | $0 |
Robert Watson Treasurer | OfficerTrustee | 1 | $0 |
Elliot King Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $1,242 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $415,349 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $416,591 |
| Total Program Service Revenue | $57,009 |
| Investment income | $13,425 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,965 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $489,990 |
| 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. | $58,235 |
| Compensation of current officers, directors, key employees. | $8,907 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $237,994 |
| Pension plan accruals and contributions | $4,301 |
| Other employee benefits | $6,761 |
| Payroll taxes | $23,380 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $16,747 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,165 |
| Fees for services: Other | $19,791 |
| Advertising and promotion | $1,621 |
| Office expenses | $13,712 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,000 |
| Travel | $1,745 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $31,456 |
| Insurance | $3,309 |
| All other expenses | $621 |
| Total functional expenses | $428,244 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $188,649 |
| Savings and temporary cash investments | $30,038 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $15,864 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,660 |
| Net Land, buildings, and equipment | $193,536 |
| Investments—publicly traded securities | $447,493 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $878,240 |
| Accounts payable and accrued expenses | $38,383 |
| Grants payable | $0 |
| Deferred revenue | $693 |
| 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 | $39,076 |
| Net assets without donor restrictions | $663,968 |
| Net assets with donor restrictions | $175,196 |
| 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 | $878,240 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Audio & Braille Literacy Enhancement Inc has recieved totaling $3,000.
| Awarding Organization | Amount |
|---|---|
William & Sandy Heitz Family Found Mequon, WI PURPOSE: INCREASE LITERACY ACCESS TO THE BLIND | $2,000 |
Youth Foundation Inc Milwaukee, WI PURPOSE: EDUCATION | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Beyond Vision Inc Milwaukee, WI | $23,591,708 | $9,394,034 |
National Society To Prevent Blindness Chicago, IL | $17,829,229 | $4,816,823 |
Vision Forward Association Incorporated Milwaukee, WI | $6,770,094 | $2,817,896 |
Penrickton Center For Blind Children Taylor, MI | $14,000,121 | $4,048,500 |
Center For Sight & Hearing Rockford, IL | $9,055,491 | $458,096 |
Horizons For The Blind Inc Crystal Lake, IL | $4,367,983 | $2,299,343 |
Duluth Lighthouse For The Blind Inc Duluth, MN | $1,822,072 | $1,499,575 |
Blindness-Learning In New Dimensions Inc Minneapolis, MN | $1,379,551 | $1,622,923 |
Iowa Optometric Association West Des Moines, IA | $3,760,263 | $1,289,293 |
Wisconsin Council Of The Blind & Visually Impaired Inc Madison, WI | $11,120,842 | $1,458,735 |
Second Sense Chicago, IL | $725,024 | $1,432,456 |
National Society To Prevent Blindness Milwaukee, WI | $1,000,091 | $878,132 |