Heritage For The Blind Inc
- Assets
- $253.5k
- Revenue
- $403.9k
- Investments
- $0.0
- Employees
- 3
- Location
- Brooklyn, NY
- Founding
- 05/1995
- Data as of
- 12/2023
- EIN
- 58-2164446
Organization Overview
Heritage For The Blind Inc is located in Brooklyn, NY. The organization was established in 1995. According to its NTEE Classification (X30) the organization is classified as: Judaism, under the broad grouping of Religion-Related and related organizations. As of 12/2023, Heritage For The Blind Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Heritage 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 12/2023, Heritage For The Blind Inc generated $403.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (18.8%) each year. All expenses for the organization totaled $1.1m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (11.8%) per year over the past 9 years. 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
HEALTHY WORLD INITIATIVE, DEDICATED TO IMPROVING THE ENVIRONMENT AS WELL AS THE EYE HEALTH AND ECONOMIC WELL BEING OF THOSE IN NEED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION ENCOURAGES PEOPLE TO DONATE CARS IN AN EFFORT TO ACCELERATE THE RETIREMENT OF OLDER HIGH POLLUTING VEHICLES AND PROMOTE A SHIFT TO NEW CLEANER AND MORE EFFICIENT ALTERNATIVES. THE ORGANIZATION MAINTAINS A WEBSITE WHERE USERS CAN LEARN ABOUT THE BENEFITS OF A CLEANER ENVIRONMENT AS WELL AS A MYRIAD AMOUNT OF EYE HEALTH INFORMATION AND AVAILABLE FEDERAL STATE AND CITY BENEFITS TO THOSE IN NEED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Israel Bilus President | Officer | 1 | $0 |
Shrage Toiv Director | Officer | 40 | $153,573 |
Mendy Ehrman Treasurer | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $29,809 |
| All other contributions, gifts, grants, and similar amounts not included above | $374,068 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $403,877 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $403,877 |
| 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. | $153,573 |
| Compensation of current officers, directors, key employees. | $15,357 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $50,315 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $23,454 |
| Payroll taxes | $20,248 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,400 |
| Fees for services: Accounting | $7,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $143,180 |
| Office expenses | $19,028 |
| Information technology | $29,328 |
| Royalties | $0 |
| Occupancy | $12,384 |
| Travel | $35,962 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $16,198 |
| Interest | $12,284 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $21,484 |
| Insurance | $5,318 |
| All other expenses | $451,392 |
| Total functional expenses | $1,061,071 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $22,612 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $202,364 |
| 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 | $0 |
| Net Land, buildings, and equipment | $28,522 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $253,498 |
| Accounts payable and accrued expenses | $23,265 |
| 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 | $1,792,426 |
| Other liabilities | $0 |
| Total liabilities | $1,815,691 |
| Net assets without donor restrictions | -$1,562,193 |
| 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 | $253,498 |