World Services For The Blind Incorporated is located in Little Rock, AR. The organization was established in 1947. 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 06/2020, World Services For The Blind Incorporated employed 52 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 06/2020, World Services For The Blind Incorporated generated $4.0m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 9.9% each year. All expenses for the organization totaled $2.2m during the year ending 06/2020. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO EMPOWER PEOPLE WHO ARE BLIND OR VISUALLY IMPAIRED IN THE UNITED STATES AND AROUND THE WORLD TO ACHIEVE SUSTAINABLE INDEPENDENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SERVED APPROXIMATELY 122 INDIVIDUALS THROUGH A COMPLETE PERSONAL ADJUSTMENT PROGRAM, THIRTEEN VOCATIONAL COURSES, A VISION REHABILITATION CLINIC, AN ASSISTIVE TECHNOLOGY LEARNING CENTER, JOB PLACEMENT ASSISTANCE, AND A COLLEGE PREPARATORY PROGRAM.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Sharon Giovinazzo Wsb President/ceo | Officer | 35 | $80,000 |
Duane Clausen Outgoing CFO | Officer | 35 | $75,000 |
Amanda Beaudoin Incoming CFO | Officer | 35 | $5,638 |
Lee Giurlanda Secretary | OfficerTrustee | 1 | $0 |
Noel Strauss Treasurer | OfficerTrustee | 1 | $0 |
James J Coleman Chair | OfficerTrustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $1,481,995 |
Government grants | $5,000 |
All other contributions, gifts, grants, and similar amounts not included above | $856,948 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $2,343,943 |
Total Program Service Revenue | $1,593,637 |
Investment income | $975 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $19,660 |
Net Gain/Loss on Asset Sales | $18,000 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $3,984,925 |
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. | $190,570 |
Compensation of current officers, directors, key employees. | $16,937 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,036,182 |
Pension plan accruals and contributions | $60,168 |
Other employee benefits | $29,593 |
Payroll taxes | $83,859 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $63,329 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $40,525 |
Advertising and promotion | $0 |
Office expenses | $135,804 |
Information technology | $2,772 |
Royalties | $0 |
Occupancy | $193,593 |
Travel | $48,800 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $18,838 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $80,591 |
Insurance | $73,480 |
All other expenses | $2,499 |
Total functional expenses | $2,217,366 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $424,459 |
Savings and temporary cash investments | $3,189 |
Pledges and grants receivable | $4,000 |
Accounts receivable, net | $150,972 |
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 | $25,081 |
Net Land, buildings, and equipment | $1,502,992 |
Investments—publicly traded securities | $32,098 |
Investments—other securities | $2 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $4,801,379 |
Total assets | $6,944,172 |
Accounts payable and accrued expenses | $300,272 |
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 | $458,683 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $406,666 |
Total liabilities | $1,165,621 |
Net assets without donor restrictions | $912,407 |
Net assets with donor restrictions | $4,866,144 |
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 | $6,944,172 |
Over the last fiscal year, we have identified 2 grants that World Services For The Blind Incorporated has recieved totaling $250,000.
Awarding Organization | Amount |
---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $200,000 |
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $50,000 |
Beg. Balance | $327,452 |
Net Contributions | $270 |
Ending Balance | $327,722 |
Organization Name | Assets | Revenue |
---|---|---|
Tarrant County Association For The Blind Fort Worth, TX | $6,916,581 | $5,960,695 |
World Services For The Blind Incorporated Little Rock, AR | $6,944,172 | $3,984,925 |
Affiliated Blind Of Louisiana Training Center Inc Lafayette, LA | $3,221,290 | $2,000,332 |
Visionserve Alliance Inc Saint Louis, MO | $444,757 | $487,295 |
Smoky Mountain Service Dogs Loudon, TN | $5,149,283 | $2,219,591 |
Gallant Hearts Guide Dog Center Madison, MS | $537,865 | $328,271 |
Low Vision Resource Center San Antonio, TX | $265,795 | $203,749 |
All Purpose Canines Inc Ranger, TX | $106,418 | $0 |
National Federation Of The Blind Of Louisiana Inc Ruston, LA | $2,504 | $13,632 |
All Blind Children Of Texas Austin, TX | $94,961 | $9,826 |
National Federation Of The Blind Of Louisiana Inc Ruston, LA | $6,712 | $10,877 |
National Federation Of The Blind Of Louisiana Inc Ruston, LA | $14,239 | $15,840 |