Audio & Braille Literacy Enhancement Inc
- Assets
- $943.2k
- Revenue
- $530.1k
- Investments
- $0.0
- Employees
- 12
- Location
- Milwaukee, WI
- Founding
- 02/1988
- Data as of
- 12/2023
- 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 12/2023, 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 12/2023, Audio & Braille Literacy Enhancement Inc generated $530.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $485.6k during the year ending 12/2023. While expenses have increased by 4.4% 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
2023
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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cheryl Orgas Executive Director | Officer | 40 | $61,361 |
Michelle Gran President | OfficerTrustee | 1 | $0 |
Erica Reib Vice President | OfficerTrustee | 1 | $0 |
Robert Watson Treasurer | OfficerTrustee | 1 | $0 |
Brian Mason Secretary | OfficerTrustee | 1 | $0 |
Carlos Garcia Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $1,133 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $443,758 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $444,891 |
| Total Program Service Revenue | $62,618 |
| Investment income | $22,038 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $591 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $530,138 |
| 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. | $62,588 |
| Compensation of current officers, directors, key employees. | $5,581 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $261,759 |
| Pension plan accruals and contributions | $10,695 |
| Other employee benefits | $6,721 |
| Payroll taxes | $25,071 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $17,824 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,480 |
| Fees for services: Other | $29,494 |
| Advertising and promotion | $1,307 |
| Office expenses | $21,624 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,000 |
| Travel | $2,350 |
| 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 | $24,490 |
| Insurance | $3,453 |
| All other expenses | $492 |
| Total functional expenses | $485,578 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $163,145 |
| Savings and temporary cash investments | $231,110 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $29,048 |
| 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 | $2,416 |
| Net Land, buildings, and equipment | $150,923 |
| Investments—publicly traded securities | $356,402 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $10,167 |
| Total assets | $943,211 |
| Accounts payable and accrued expenses | $51,719 |
| 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 | $9,930 |
| Total liabilities | $61,649 |
| Net assets without donor restrictions | $719,329 |
| Net assets with donor restrictions | $162,233 |
| 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 | $943,211 |