Braille Institute Of America Inc

Organization Overview

Braille Institute Of America Inc is located in Los Angeles, CA. The organization was established in 1963. 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 06/2022, Braille Institute Of America Inc employed 214 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Braille Institute Of America 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 06/2022, Braille Institute Of America Inc generated $37.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $21.3m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

"TO ELIMINATE BARRIERS CAUSED BY BLINDNESS AND SEVERE SIGHT LOSS". SEE ATTACHED FEDERAL SUPPLEMENTAL INFORMATION

Describe the Organization's Program Activity:

Part 3 - Line 4a

SEE ATTACHED FEDERAL SUPPLEMENTAL INFORMATION PAGE 1, PART III - LINE 4A


SEE ATTACHED FEDERAL SUPPLEMENTAL INFORMATION PAGE 1, PART III - LINE 4B


SEE ATTACHED FEDERAL SUPPLEMENTAL INFORMATION PAGE 2, PART III - LINE 4C


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Board, Officers & Key Employees

Name (title)Compensation
Peter Mindnich
President
$371,803
Gary Jimenez
VP Development
$220,199
Rezaur Rahman
CFO
$216,850
Anthony Taketa
Secretary
$213,047
Sandy Shin
VP Mark. & Commun.
$174,346
Maria Valdivia
VP Technology
$158,313

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Ab Data Ltd
Direct Mail Services
$559,472
Olympic Maintenance
Cleaning Services
$233,865
Datasparc Inc
Software Maintenance Serv
$164,987
Fm Thomas Air Conditioning
Air Conditioning Service
$156,928
Adco Roofing In
Roof Maintenance Serv
$174,975
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$4,445
Related organizations$0
Government grants $1,355,500
All other contributions, gifts, grants, and similar amounts not included above$16,402,845
Noncash contributions included in lines 1a–1f $19,193
Total Revenue from Contributions, Gifts, Grants & Similar$17,762,790
Total Program Service Revenue$0
Investment income $4,635,050
Tax Exempt Bond Proceeds $0
Royalties $2,705,545
Net Rental Income $25,451
Net Gain/Loss on Asset Sales $12,501,882
Net Income from Fundraising Events $36,320
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $37,676,823

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Braille Institute Of America Inc has recieved totaling $35,000.

Awarding OrganizationAmount
Julia Stearns Dockweiler Charitable Foundation

Los Angeles, CA

PURPOSE: NEW CONSTRUCTION

$20,000
La Vista Club For The Sightless Inc

Santa Barbara, CA

PURPOSE: PROVIDE ASSISTANCE TO ORGANIZATIONS ASSISTING THE BLIND AND/OR HANDICAPPED

$10,000
J A Daley Iii Foundation

Glendale, CA

PURPOSE: EDUCATION AND SERVICES

$5,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$29,685,410
Earnings-$254,169
Net Contributions$25,018
Ending Balance$29,456,259

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