Therapeutic Living Centers For The Blind Inc
- Assets
- $9.8m
- Revenue
- $12.3m
- Investments
- $0.0
- Employees
- 285
- Location
- Reseda, CA
- Founding
- 07/1975
- Data as of
- 06/2021
- EIN
- 51-0143029
Organization Overview
Therapeutic Living Centers For The Blind Inc is located in Reseda, CA. The organization was established in 1975. According to its NTEE Classification (B28) the organization is classified as: Special Education, under the broad grouping of Education and related organizations. As of 06/2021, Therapeutic Living Centers For The Blind Inc employed 285 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Therapeutic Living Centers For The Blind 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 06/2021, Therapeutic Living Centers For The Blind Inc generated $12.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $11.7m during the year ending 06/2021. While expenses have increased by 0.5% per year over the past 6 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
AN EDUCATIONAL CORPORATION THAT PROVIDES FOR THE LIFETIME NEEDS OF INDIVIDUALS CHALLANGED WITH DEVELOPMENTAL DISABILITIES AND BLINDNESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED EARLY INTERVENTION, AFTERSCHOOL, DAY PROGRAM AND RESIDENTIAL HOUSING SERVICES. SERVICES INCLUDE LIVING SKILLS TRAINING, BEHAVIORAL SUPPORT AND DAY CARE FOR WORKING FAMILIES. THE FACILITIES INCLUDE RESIDENTIAL HOMES THROUGOUT THE NORTHWEST SAN FERNANDO VALLEY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bonnie Schlachte Executive Director | Officer | 40 | $165,000 |
Zane Alsabery President | OfficerTrustee | 0.5 | $0 |
Joel Ravitz 02012021 Vice President | OfficerTrustee | 0.5 | $0 |
April Meadow Secretary | OfficerTrustee | 0.5 | $0 |
Nick Nagatani Board Member | Trustee | 0.5 | $0 |
Denise Fredrickson Board Member | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $91,191 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $91,191 |
| Total Program Service Revenue | $11,970,259 |
| Investment income | $208 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,335,730 |
| 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. | $182,871 |
| Compensation of current officers, directors, key employees. | $20,116 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,554,502 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $635,038 |
| Payroll taxes | $562,526 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $253,982 |
| Fees for services: Accounting | $304,852 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $254,317 |
| Advertising and promotion | $0 |
| Office expenses | $104,931 |
| Information technology | $48,176 |
| Royalties | $0 |
| Occupancy | $198,189 |
| Travel | $23,263 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $48,201 |
| Interest | $197,064 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $397,886 |
| Insurance | $799,501 |
| All other expenses | $357,591 |
| Total functional expenses | $11,749,034 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $956,176 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $533,285 |
| 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 | $158,559 |
| Net Land, buildings, and equipment | $6,978,332 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,181,261 |
| Total assets | $9,807,613 |
| Accounts payable and accrued expenses | $1,007,195 |
| 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 | $2,193,127 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,912,267 |
| Total liabilities | $5,112,589 |
| Net assets without donor restrictions | $4,695,024 |
| Net assets with donor restrictions | $0 |
| 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 | $9,807,613 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Therapeutic Living Centers For The Blind Inc has recieved totaling $2,000.
| Awarding Organization | Amount |
|---|---|
Floradon Foundation Henderson, NV PURPOSE: VISUALLY BLIND SERVICES | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Gorman Learning Center Inc Redlands, CA | $15,456,352 | $31,204,801 |
The Help Group Child And Family Center Sherman Oaks, CA | $10,800,657 | $22,263,149 |
Institute For The Redesign Of Learning South Pasadena, CA | $15,785,438 | $19,718,110 |
New School For Child Development A Non-Profit Corp Sherman Oaks, CA | $70,855,402 | $24,393,908 |
Mirman School For Gifted Children Los Angeles, CA | $47,520,876 | $18,601,911 |
Accel Phoenix, AZ | $21,659,622 | $16,834,387 |
Ecole Bilingue Berkeley, CA | $33,006,768 | $15,759,391 |
H E L P Group West Sherman Oaks, CA | $26,040,794 | $16,433,872 |
Learning With A Difference Inc Encino, CA | $24,959,978 | $17,556,894 |
Charles Armstrong School Belmont, CA | $29,837,306 | $12,609,845 |
Escuela Popular Del Pueblo San Jose, CA | $34,236,937 | $14,055,995 |
Pediatric Therapy Network Torrance, CA | $0 | $12,859,191 |