Civic Intelligence

Seattle Lighthouse for the Blind Foundation

990 • Fiscal year 2022 • EIN 16-1648213

Oct 01, 2021 to Sep 30, 2022 • Filed on May 15, 2023

2501 South Plum StreetSeattle, WA 98144

(206) 322-4200

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

25th percentile

0.02x

Higher debt load relative to assets than 25% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Liabilities / Revenue

25th percentile

0.05x

Higher debt load relative to revenue than 25% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Net Margin

44th percentile

4.0%

Higher net margin than 44% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Top Officer Pay

85th percentile

$261,774

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 13.3% of source-year revenue.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Asset Growth

5th percentile

-22%

Faster asset growth than 5% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Revenue Growth

77th percentile

31%

Faster revenue growth than 77% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Assets

Down

$4,732,001

Down $1,330,482 (-22%) from 2021

Net Assets

Down

$4,639,314

Down $1,250,031 (-21%) from 2021

Liabilities

Down

$92,687

Down $80,451 (-46%) from 2021

Revenue

Up

$1,968,078

Up $469,999 (+31%) from 2021

Expenses

Up

$1,889,163

Up $470,209 (+33%) from 2021

Net Income

Down

$78,915

Down $210 (-0.3%) from 2021

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $2,957,908Liabilities 2010: $86,571Net Assets 2010: $2,871,3372010Assets 2011: $3,216,053Liabilities 2011: $36Net Assets 2011: $3,216,0172011Assets 2012: $3,734,923Liabilities 2012: $64,746Net Assets 2012: $3,670,1772012Assets 2013: $3,952,606Liabilities 2013: $69,733Net Assets 2013: $3,882,8732013Assets 2014: $4,437,596Liabilities 2014: $3,400Net Assets 2014: $4,434,1962014Assets 2015: $4,484,144Liabilities 2015: $20,703Net Assets 2015: $4,463,4412015Assets 2016: $4,862,987Liabilities 2016: $53,868Net Assets 2016: $4,809,1192016Assets 2017: $5,368,961Liabilities 2017: $36,549Net Assets 2017: $5,332,4122017Assets 2018: $5,713,831Liabilities 2018: $269,009Net Assets 2018: $5,444,8222018Assets 2019: $5,459,680Liabilities 2019: $167,500Net Assets 2019: $5,292,1802019Assets 2020: $5,206,300Liabilities 2020: $59,643Net Assets 2020: $5,146,6572020Assets 2021: $6,062,483Liabilities 2021: $173,138Net Assets 2021: $5,889,3452021Assets 2022: $4,732,001Liabilities 2022: $92,687Net Assets 2022: $4,639,3142022Assets 2023: $5,089,631Liabilities 2023: $38,852Net Assets 2023: $5,050,7792023Assets 2024: $5,974,407Liabilities 2024: $90,940Net Assets 2024: $5,883,4672024

Highlighted filing

2022

Assets$4,732,001
Liabilities$92,687
Net Assets$4,639,314

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $1,146,9282010Expenses 2011: $1,015,8202011Expenses 2012: $1,157,3282012Expenses 2013: $1,270,1572013Revenue 2014: $1,613,874Expenses 2014: $1,324,373Net Income 2014: $289,5012014Revenue 2015: $1,999,924Expenses 2015: $1,192,461Net Income 2015: $807,4632015Revenue 2016: $1,242,947Expenses 2016: $1,143,528Net Income 2016: $99,4192016Revenue 2017: $1,370,881Expenses 2017: $1,272,603Net Income 2017: $98,2782017Revenue 2018: $1,420,968Expenses 2018: $1,310,215Net Income 2018: $110,7532018Revenue 2019: $1,337,706Expenses 2019: $1,475,295Net Income 2019: -$137,5892019Revenue 2020: $2,286,879Expenses 2020: $1,628,304Net Income 2020: $658,5752020Revenue 2021: $1,498,079Expenses 2021: $1,418,954Net Income 2021: $79,1252021Revenue 2022: $1,968,078Expenses 2022: $1,889,163Net Income 2022: $78,9152022Revenue 2023: $1,389,319Expenses 2023: $1,542,838Net Income 2023: -$153,5192023Revenue 2024: $1,631,557Expenses 2024: $1,453,240Net Income 2024: $178,3172024

Highlighted filing

2022

Revenue$1,968,078
Expenses$1,889,163
Net Income$78,915
Jump To
Filing Snapshot
Filing Period
Oct 1, 2021 to Sep 30, 2022
Signed
May 15, 2023
Return Version
2021v4.2
Gross Receipts
$6,231,466
Mission and Program Overview

Mission

The foundation is an organization committed to soliciting funds exclusively for the lighthouse for the blind, incorporated. The funds are primarily used to support employee and community service programs.

Committed to soliciting funds exclusively for the lighthouse for the blind, incorporated.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$5,826,368$4,530,921▼ $1,295,447
Savings and Temporary Cash Investments$65,356$107,025▲ $41,669
Cash and Non-Interest-Bearing Accounts$115,571$83,014▼ $32,557
Accounts Receivable$55,188$11,041▼ $44,147
Total Assets$6,062,483$4,732,001▼ $1,330,482
Liabilities
Accounts Payable and Accrued Expenses$173,138$92,687▼ $80,451
Total Liabilities$173,138$92,687▼ $80,451
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$5,889,345$4,639,314▼ $1,250,031
Total Net Assets Fund Balance$5,889,345$4,639,314▼ $1,250,031
Total Liabilities and Net Assets / Fund Balance$6,062,483$4,732,001▼ $1,330,482
Compensation and Service Providers

Employees

NameTitleOtherTotal
Rabi GuptaCFO and Treasurer$21,635$21,635

Board Members and Trustees

NameTitle
David KiddPresident
Meghan FoxVice President
Barbara RossBoard Member
Barbara SandbergBoard Member
Bradley WiensBoard Member
Caitlin BannisterBoard Member
Chelsea MclaughlinBoard Member
Kirk LaughlinBoard Member
Laura HardBoard Member
Marieke IwemaBoard Member
Melody FurzeBoard Member
Rachal KiddBoard Member
Roya FereidouniBoard Member
Sandra AmodtBoard Member
Doug FischerBoard Member (thru 10/21)
Maury CostantiniBoard Member (thru 10/21)
George AbbottCEO
Revenue and Support

Revenue Composition

Contributions and Grants
$1,596,165
Program Service Revenue
$0
Investment Income
$371,913
Other Revenue
$0
All Other Contributions
$1,464,284
Change in Net Assets
$78,915
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,286,054
Other Expenses$603,109
Total Fundraising Expense$61,170
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,286,054--$1,286,054
Fees for Services Other$437,582$20,989-$458,571
Fees for Service Investment Mgmnt Fees-$25,010-$25,010
Office Expenses-$24,523-$24,523
Occupancy-$16,712-$16,712
Other Expenses$7,750$4,119$61,170$11,869
Insurance-$5,254-$5,254
Total Functional Expenses$1,731,386$96,607$61,170$1,889,163
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Lighthouse for the Blind IncSeattle, WA501(c)(3)To Support the Employee and Community Services Programs.$1,286,054
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The corporation has a sole voting member, which is the lighthouse for the blind, incorporated, a washington nonprofit corporation ("the member").

Form 990, Part VI, Section A, Line 7A

The member has the power to elect the corporation's board of directors. The member, acting through its board of directors, has the authority to approve all amendments to the corporation's articles of incorporation and bylaws. No such amendment is effective prior to approval by the member.

Form 990, Part VI, Section A, Line 7B

The member has the power to elect the corporation's board of directors. The member, acting through its board of directors, has the authority to approve all amendments to the corporation's articles of incorporation and bylaws. No such amendment is effective prior to approval by the member.

Form 990, Part VI, Section B, Line 11B

The form 990, including the schedule b, is reviewed by the lighthouse for the blind, incorporated's key management team members and the audit committee, and then distributed to the full board of trustees for review and comment before filing with the irs.

Form 990, Part VI, Section B, Line 12C

The organization regularly and consistently on an annual basis requires each board trustee/member to review, report and sign a conflict of interest form. The organization also provides each member with a board manual that includes this form and other policies. Ongoing updates to policies are distributed to trustee/members as they occur. The organization follows up and investigates any exceptions noted or reported either on the conflict of interest form, through discussions or by other means.

Form 990, Part VI, Section C, Line 19

Financial statements are available on organization's website. Governing documents and conflict of interest policy are available upon request.

Filing and Contact Details

Filer

Filer Name
Seattle Lighthouse for the Blind
EIN
16-1648213
Phone
2063224200
Address
2501 SOUTH PLUM STREET, SEATTLE, WA 98144

Signing Officer

Name
George Abbott
Title
President and CEO
Phone
2063224200
Signed
2023-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
George Abbott
Formed
2003
Legal Domicile
Wa
Voting Board Members
14
Independent Board Members
14
Employees
0
Volunteers
40

Preparer

Firm
Moss Adams Llp
Address
601 W RIVERSIDE AVENUE STE 1800, SPOKANE, WA 99201
Preparer
Emina O Cresswell CPA
Phone
5097472600
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Contract services: program service expenses 437,582. Management and general expenses 20,989. Fundraising expenses 0. Total expenses 458,571.

Financial Statement Notes

PART X, LINE 2:

The organization is exempt from federal income tax as an entity described in internal revenue code (irc) section 501(c)(3) except to the extent of unrelated business taxable income as defined under the provisions of irc sections 511 through 515. The organization did not incur material unrelated business income tax for the years ended september 30, 2022 and 2021. In addition, the organization qualified for the charitable contribution deduction under section 170(b)(1)(a) and has been classified as an organization other than a private foundation under section 509(a). Accordingly, no provision has been made for federal income tax in the accompanying consolidated financial statements. The organization follows the provisions of authoritative guidance relating to accounting for uncertain tax positions. The organization recognizes the tax benefit from uncertain tax positions only if it is more likely than not that the tax positions will be sustained on examination by the tax authorities, based on the technical merits of the position. The tax benefit is measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement. The organization recognizes interest and penalties related to income tax matters in income tax expense. As of september 30, 2022 and 2021, the organization had no uncertain tax positions requiring accrual. The organization files an exempt organization return in the u.s. Federal jurisdiction.

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IRS990/Form990PartVIISectionAGrp/TitleTxt16BOARD MEMBER (THRU 10/21)
IRS990/Form990PartVIISectionAGrp/TitleTxt17BOARD MEMBER (THRU 10/21)
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02003
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0234819
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt014
IRS990/GovernmentGrantsAmt0131881
IRS990/GrantAmt01286054
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt01286054
IRS990/GrantsToDomesticOrgsGrp/TotalAmt01286054
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt04498207
IRS990/GrossReceiptsAmt06231466
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt014
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt05254
IRS990/InsuranceGrp/TotalAmt05254
IRS990/InvestmentIncomeGrp/ExclusionAmt0137094
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0137094
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt05826368
IRS990/InvestmentsPubTradedSecGrp/EOYAmt04530921
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0WA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt04263388
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE FOUNDATION IS AN ORGANIZATION COMMITTED TO SOLICITING FUNDS EXCLUSIVELY FOR THE LIGHTHOUSE FOR THE BLIND, INCORPORATED. THE FUNDS ARE PRIMARILY USED TO SUPPORT EMPLOYEE AND COMMUNITY SERVICE PROGRAMS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt05889345
IRS990/NetAssetsOrFundBalancesEOYAmt04639314
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0234819
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0234819
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-1328946
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt05889345
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt04639314
IRS990/NoncashContributionsAmt07750
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt016712
IRS990/OccupancyGrp/TotalAmt016712
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt024523
IRS990/OfficeExpensesGrp/TotalAmt024523
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0FUNDRAISING EXPENSES
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS
IRS990/OtherExpensesGrp/FundraisingAmt061170
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt04119
IRS990/OtherExpensesGrp/ProgramServicesAmt07750
IRS990/OtherExpensesGrp/TotalAmt061170
IRS990/OtherExpensesGrp/TotalAmt111869
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0GEORGE ABBOTT
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01124089
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0920521
IRS990/PYInvestmentIncomeAmt0373990
IRS990/PYOtherExpensesAmt0498433
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt079125
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt01418954
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01498079
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt078915
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt065356
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0107025
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0910295070
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd010
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt01286054
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0LH FOR THE BLIND INC
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt01286054
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAX AS AN ENTITY DESCRIBED IN INTERNAL REVENUE CODE (IRC) SECTION 501(C)(3) EXCEPT TO THE EXTENT OF UNRELATED BUSINESS TAXABLE INCOME AS DEFINED UNDER THE PROVISIONS OF IRC SECTIONS 511 THROUGH 515. THE ORGANIZATION DID NOT INCUR MATERIAL UNRELATED BUSINESS INCOME TAX FOR THE YEARS ENDED SEPTEMBER 30, 2022 AND 2021. IN ADDITION, THE ORGANIZATION QUALIFIED FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION OTHER THAN A PRIVATE FOUNDATION UNDER SECTION 509(A). ACCORDINGLY, NO PROVISION HAS BEEN MADE FOR FEDERAL INCOME TAX IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. THE ORGANIZATION FOLLOWS THE PROVISIONS OF AUTHORITATIVE GUIDANCE RELATING TO ACCOUNTING FOR UNCERTAIN TAX POSITIONS. THE ORGANIZATION RECOGNIZES THE TAX BENEFIT FROM UNCERTAIN TAX POSITIONS ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITIONS WILL BE SUSTAINED ON EXAMINATION BY THE TAX AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFIT IS MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE ORGANIZATION RECOGNIZES INTEREST AND PENALTIES RELATED TO INCOME TAX MATTERS IN INCOME TAX EXPENSE. AS OF SEPTEMBER 30, 2022 AND 2021, THE ORGANIZATION HAD NO UNCERTAIN TAX POSITIONS REQUIRING ACCRUAL. THE ORGANIZATION FILES AN EXEMPT ORGANIZATION RETURN IN THE U.S. FEDERAL JURISDICTION.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt01286054
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0TO SUPPORT THE EMPLOYEE AND COMMUNITY SERVICES PROGRAMS.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0LIGHTHOUSE FOR THE BLIND INC
IRS990ScheduleI/RecipientTable/RecipientEIN0910295070
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt02501 SOUTH PLUM ST
IRS990ScheduleI/RecipientTable/USAddress/CityNm0SEATTLE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0WA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd098144
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0PURPOSE OF GRANT OR ASSISTANCE IS TO SUPPORT AND PROVIDE CONTRIBUTIONS TO A RELATED ORGANIZATION, THE LIGTHOUSE FOR THE BLIND, INC. THEREFORE THERE IS SOME MANAGEMENT OVERLAP BETWEEN THE TWO ORGANIZATIONS AND THEREFORE THE FUNDS ARE USED IN THE UNITED STATES.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt010000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0224728
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt09720
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt017326
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0GEORGE ABBOTT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0261774
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0THE RELATED ORGANIZATION USES THIRD-PARTY COMPARABILITY DATA AND MUST HAVE APPROVAL BY THE BOARD OF TRUSTEES FOR EXECUTIVE AND OFFICER COMPENSATION. THE RELATED ORGANIZATION USES COMPARABILITY DATA PROVIDED BY THIRD-PARTIES AND APPROVAL BY APPLICABLE EXECUTIVE TEAM MEMBERS FOR KEY EMPLOYEE COMPENSATION.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART II
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION HAS A SOLE VOTING MEMBER, WHICH IS THE LIGHTHOUSE FOR THE BLIND, INCORPORATED, A WASHINGTON NONPROFIT CORPORATION ("THE MEMBER").
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MEMBER HAS THE POWER TO ELECT THE CORPORATION'S BOARD OF DIRECTORS. THE MEMBER, ACTING THROUGH ITS BOARD OF DIRECTORS, HAS THE AUTHORITY TO APPROVE ALL AMENDMENTS TO THE CORPORATION'S ARTICLES OF INCORPORATION AND BYLAWS. NO SUCH AMENDMENT IS EFFECTIVE PRIOR TO APPROVAL BY THE MEMBER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE MEMBER HAS THE POWER TO ELECT THE CORPORATION'S BOARD OF DIRECTORS. THE MEMBER, ACTING THROUGH ITS BOARD OF DIRECTORS, HAS THE AUTHORITY TO APPROVE ALL AMENDMENTS TO THE CORPORATION'S ARTICLES OF INCORPORATION AND BYLAWS. NO SUCH AMENDMENT IS EFFECTIVE PRIOR TO APPROVAL BY THE MEMBER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FORM 990, INCLUDING THE SCHEDULE B, IS REVIEWED BY THE LIGHTHOUSE FOR THE BLIND, INCORPORATED'S KEY MANAGEMENT TEAM MEMBERS AND THE AUDIT COMMITTEE, AND THEN DISTRIBUTED TO THE FULL BOARD OF TRUSTEES FOR REVIEW AND COMMENT BEFORE FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION REGULARLY AND CONSISTENTLY ON AN ANNUAL BASIS REQUIRES EACH BOARD TRUSTEE/MEMBER TO REVIEW, REPORT AND SIGN A CONFLICT OF INTEREST FORM. THE ORGANIZATION ALSO PROVIDES EACH MEMBER WITH A BOARD MANUAL THAT INCLUDES THIS FORM AND OTHER POLICIES. ONGOING UPDATES TO POLICIES ARE DISTRIBUTED TO TRUSTEE/MEMBERS AS THEY OCCUR. THE ORGANIZATION FOLLOWS UP AND INVESTIGATES ANY EXCEPTIONS NOTED OR REPORTED EITHER ON THE CONFLICT OF INTEREST FORM, THROUGH DISCUSSIONS OR BY OTHER MEANS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5FINANCIAL STATEMENTS ARE AVAILABLE ON ORGANIZATION'S WEBSITE. GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6CONTRACT SERVICES: PROGRAM SERVICE EXPENSES 437,582. MANAGEMENT AND GENERAL EXPENSES 20,989. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 458,571.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.97$0.09$5.88$1.63$1.45$0.18
2023Detailed filing. Detailed filing data is available for this year.$5.09$0.04$5.05$1.39$1.54$0.15
2022Detailed filing. Detailed filing data is available for this year.$4.73$0.09$4.64$1.97$1.89$0.08
2021Detailed filing. Detailed filing data is available for this year.$6.06$0.17$5.89$1.50$1.42$0.08
2020Detailed filing. Detailed filing data is available for this year.$5.21$0.06$5.15$2.29$1.63$0.66
2019Detailed filing. Detailed filing data is available for this year.$5.46$0.17$5.29$1.34$1.48$0.14
2018Detailed filing. Detailed filing data is available for this year.$5.71$0.27$5.44$1.42$1.31$0.11
2017Detailed filing. Detailed filing data is available for this year.$5.37$0.04$5.33$1.37$1.27$0.10
2016Detailed filing. Detailed filing data is available for this year.$4.86$0.05$4.81$1.24$1.14$0.10
2015Detailed filing. Detailed filing data is available for this year.$4.48$0.02$4.46$2.00$1.19$0.81
2014Detailed filing. Detailed filing data is available for this year.$4.44$0.00$4.43$1.61$1.32$0.29
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.95$0.07$3.88$1.27
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.73$0.06$3.67$1.16
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.22$0.00$3.22$1.02
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.96$0.09$2.87$1.15