Civic Intelligence

Montgomery County Association for the Blind Inc.

990 • Fiscal year 2022 • EIN 23-1365382

Jan 01, 2022 to Dec 31, 2022 • Filed on Oct 19, 2023

25 E MARSHALL ST 3rd flNorristown, PA 19401

(215) 661-9800

Siviq Scores

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

Liabilities / Assets

28th percentile

0.01x

Higher debt load relative to assets than 28% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

26th percentile

0.01x

Higher debt load relative to revenue than 26% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

93rd percentile

62%

Higher net margin than 93% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

90th percentile

$196,263

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 13.1% of source-year revenue.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

86th percentile

43%

Faster asset growth than 86% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

94th percentile

167%

Faster revenue growth than 94% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Up

$2,349,916

Up $702,100 (+43%) from 2021

Net Assets

Up

$2,334,896

Up $706,991 (+43%) from 2021

Liabilities

Down

$15,020

Down $4,891 (-25%) from 2021

Revenue

Up

$1,496,626

Up $936,537 (+167%) from 2021

Expenses

Up

$564,062

Up $12,615 (+2.3%) from 2021

Net Income

Up

$932,564

Up $923,922 (+10691%) from 2021

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2010: $2,096,450Liabilities 2010: $274,678Net Assets 2010: $1,821,7722010Assets 2011: $1,927,599Liabilities 2011: $372,183Net Assets 2011: $1,555,4162011Assets 2012: $1,930,025Liabilities 2012: $310,616Net Assets 2012: $1,619,4092012Assets 2013: $1,876,474Liabilities 2013: $168,431Net Assets 2013: $1,708,0432013Assets 2014: $2,022,423Liabilities 2014: $55,503Net Assets 2014: $1,966,9202014Assets 2015: $1,754,941Liabilities 2015: $40,931Net Assets 2015: $1,714,0102015Assets 2016: $1,525,775Liabilities 2016: $20,805Net Assets 2016: $1,504,9702016Assets 2017: $1,823,271Liabilities 2017: $10,519Net Assets 2017: $1,812,7522017Assets 2018: $1,565,366Liabilities 2018: $10,645Net Assets 2018: $1,554,7212018Assets 2019: $1,643,313Liabilities 2019: $45,258Net Assets 2019: $1,598,0552019Assets 2020: $1,665,102Liabilities 2020: $82,950Net Assets 2020: $1,582,1522020Assets 2021: $1,647,816Liabilities 2021: $19,911Net Assets 2021: $1,627,9052021Assets 2022: $2,349,916Liabilities 2022: $15,020Net Assets 2022: $2,334,8962022Assets 2023: $2,371,787Liabilities 2023: $25,600Net Assets 2023: $2,346,1872023Assets 2024: $2,445,738Liabilities 2024: $20,068Net Assets 2024: $2,425,6702024

Highlighted filing

2022

Assets$2,349,916
Liabilities$15,020
Net Assets$2,334,896

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2010: $471,316Expenses 2010: $634,348Net Income 2010: -$163,0322010Revenue 2011: $332,538Expenses 2011: $613,683Net Income 2011: -$281,1452011Revenue 2012: $611,323Expenses 2012: $585,491Net Income 2012: $25,8322012Revenue 2013: $530,492Expenses 2013: $514,819Net Income 2013: $15,6732013Revenue 2014: $790,535Expenses 2014: $532,503Net Income 2014: $258,0322014Revenue 2015: $303,349Expenses 2015: $458,816Net Income 2015: -$155,4672015Revenue 2016: $213,726Expenses 2016: $457,522Net Income 2016: -$243,7962016Revenue 2017: $602,911Expenses 2017: $376,881Net Income 2017: $226,0302017Revenue 2018: $275,897Expenses 2018: $402,713Net Income 2018: -$126,8162018Revenue 2019: $461,275Expenses 2019: $568,834Net Income 2019: -$107,5592019Revenue 2020: $532,780Expenses 2020: $627,167Net Income 2020: -$94,3872020Revenue 2021: $560,089Expenses 2021: $551,447Net Income 2021: $8,6422021Revenue 2022: $1,496,626Expenses 2022: $564,062Net Income 2022: $932,5642022Revenue 2023: $531,293Expenses 2023: $595,119Net Income 2023: -$63,8262023Revenue 2024: $701,537Expenses 2024: $677,184Net Income 2024: $24,3532024

Highlighted filing

2022

Revenue$1,496,626
Expenses$564,062
Net Income$932,564
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Oct 19, 2023
Return Version
2022v5.0
Gross Receipts
$1,517,469
Mission and Program Overview

Mission

To enhance the quality of life and independence of people coping with blindness and vision impairment through rehabilitation, education, support, and advocacy.

To enhance the quality of life and independence of people coping with blindness and vision impairment through rehabilitation, education, support and advocacy.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,175,705$1,005,582▼ $170,123
Savings and Temporary Cash Investments-$652,952-
Cash and Non-Interest-Bearing Accounts$200,153$430,781▲ $230,628
Land, Buildings, and Equipment, Net$34,690$86,083▲ $51,393
Accounts Receivable$28,499$24,166▼ $4,333
Prepaid Expenses and Deferred Charges$4,345$4,971▲ $626
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$1,647,816$2,349,916▲ $702,100
Other Assets Total$204,424$145,381▼ $59,043
Liabilities
Accounts Payable and Accrued Expenses$19,910$15,020▼ $4,890
Other Liabilities$1--
Total Liabilities$19,911$15,020▼ $4,891
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,303,454$2,092,066▲ $788,612
Net Assets With Donor Restrictions$324,451$242,830▼ $81,621
Total Net Assets Fund Balance$1,627,905$2,334,896▲ $706,991
Total Liabilities and Net Assets / Fund Balance$1,647,816$2,349,916▲ $702,100

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$73,458$142,538$215,996
Other Land Buildings$9,025$42,873$51,898
Land$3,600-$3,600
Other Assets Org$3,000--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$1,082,362-▼ $148,668-$924,633
2021$1,266,681-▲ $104,905$185,000$1,175,705
2020$1,297,967-▲ $134,679$155,000$1,266,681
2019$1,287,740-▲ $176,289$155,000$1,297,967
2018$1,479,538-▼ $34,632$145,000$1,287,740
Compensation and Service Providers

Employees

NameTitleOtherTotal
nancy blackCFO$118,918$118,918

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,192,239
Program Service Revenue
$262,018
Investment Income
$42,369
Other Revenue
$0
All Other Contributions
$1,146,239
Change in Net Assets
$932,564

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,486,779
Revenue Not Reported on Financial Statements
$9,847
Revenue Not Reported on Form 990
$-198,271
Total Revenue per Audited Statements
$1,288,508
Total Revenue per Form 990
$1,496,626
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$284,365
Other Expenses$279,697
Total Fundraising Expense$22,410
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$223,268--$223,268
Fees for Services Management$53,273$52,339$11,735$117,347
Occupancy$39,376$6,185$4,260$49,821
Other Employee Benefits$42,685$1,908-$44,593
Depreciation Depletion$16,940$925-$17,865
Payroll Taxes$16,504--$16,504
Travel$8,917$1,437-$10,354
Fees for Service Investment Mgmnt Fees-$9,847-$9,847
All Other Expenses$2,356$5,343$1,225$8,924
Fees for Services Accounting-$8,600-$8,600
Insurance$6,078$1,637-$7,715
Office Expenses$601$4,358-$4,959
Other Expenses$1,062$275$3,119$4,456
Information Technology$910$2,808-$3,718
Advertising$3,056$531-$3,587
Fees for Services Other-$532-$532
Conferences and Meetings$400--$400
Total Functional Expenses$441,216$100,436$22,410$564,062

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$564,062
Expenses per Audited Statements$554,215
Total Expenses per Audited Statements$554,215
Expenses Not Reported on Financial Statements$9,847
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

The organization contracts for management services from keystone independence management.

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

THE CFO & CEO REVIEW THE 990 AND A COPY IS EMAILED TO the executive committee FOR THEIR APPROVAL BEFORE THE RETURN IS FILED. a copy of the return is also emailed to the entire Board of Directors.

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

Board members are annually required to sign a conflict of interest policy.

Form 990, Part VI, Section B, Line 15A

The executive committee reviews the performance of the ceo and determines compensation based on that review. The committee receives a report showing salary ranges for similar agencies who serve people with vision loss. The committe must agree to the amount and this process is substantiated by the committee.

Form 990, Part VI, Section B, Line 15B

THE CEO PERFORMS EVALUATIONS OF THE OFFICERS AND KEY EMPLOYEES OF THE ORGANIZATION AND COMPARES THE COMPENSATION AND BENEFITS PACKAGE TO SIMILAR AGENCIES BY USE OF A COMPENSATION AND BENEFITS SURVEY FOR ORGANIZaTIONS SERVING PEOPLE WITH VISION LOSS. THE EXECUTIVE COMMITTEE DISCUSSES THE AVERAGE PAY INCREASES AND RANGe OF BONUSES WITH THE CEO.

Form 990, Part VI, Section C, Line 19

Public inspection documents are available at 3056 east state st, hermitage, pa 16148

Filing and Contact Details

Filer

Filer Name
Montgomery County Assoc for Blind
EIN
23-1365382
Phone
2156619800
Address
25 E MARSHALL ST 3rd fl, NORRISTOWN, PA 19401

Signing Officer

Name
Laurie Staph
Title
CEO
Signed
2023-10-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Laurie Staph
Formed
1951
Legal Domicile
Pa
Voting Board Members
15
Independent Board Members
14
Employees
12
Volunteers
2

Preparer

Firm
Keystone Blind Association
Address
3056 E State St, Hermitage, PA 16148
Preparer
Nancy J Black CPA
Phone
7243475501
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Decrease in value of charitable remainder trust = -$27302

Financial Statement Notes

Part V, Line 4: Intended uses of the endowment fund.

Board designated and permanently restricted endowment funds are used to fund operations.

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IRS990/Form990PartVIISectionAGrp/TitleTxt1CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
IRS990/Form990PartVIISectionAGrp/TitleTxt14Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt15Director
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IRS990/GainOrLossGrp/SecuritiesAmt08510
IRS990/GamingActivitiesInd0false
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IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
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IRS990/InformationTechnologyGrp/ProgramServicesAmt0910
IRS990/InformationTechnologyGrp/TotalAmt03718
IRS990/InsuranceGrp/ManagementAndGeneralAmt01637
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IRS990/InsuranceGrp/TotalAmt07715
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IRS990/InterestGrp/TotalAmt00
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IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
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IRS990/OtherAssetsTotalGrp/EOYAmt0145381
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IRS990/OtherExpensesGrp/Desc0SUPPLIES
IRS990/OtherExpensesGrp/Desc1VEHICLE EXPENSES
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc3Printing and Publications
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IRS990/OtherExpensesGrp/FundraisingAmt12066
IRS990/OtherExpensesGrp/FundraisingAmt23119
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0444
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11509
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IRS990/OtherExpensesGrp/ProgramServicesAmt31062
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IRS990/OtherExpensesGrp/TotalAmt25457
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IRS990/ProgramServiceRevenueGrp/BusinessCd1812900
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0413
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1261605
IRS990/ProgSrvcAccomActy2Grp/Desc0Janitorial services provided to District 6 PennDot headquarters. This program employed 2 employees, including 1 disabled employee.
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IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0261605
IRS990/ProgSrvcAccomActy3Grp/Desc0PREVENTION OF BLINDNESS SERVICES INCLUDE 1088 SCREENINGS OF CHILDREN, WITH 99 REFERRALS FOR ADDITIONAL FOLLOW-UP SERVICES. POB SERVICES ALSO INCLUDE 1082 children participants in EYE CARE EDUCATION. IN ADDITION THE AGENCY ALSO PROVIDES POB SERVICES TO ADULTS AND CHILDREN THAT DO NOT FALL UNDER THE AGE LIMIT OF THE PAB CONTRACT.
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IRS990/PYContributionsGrantsAmt0230427
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IRS990/PYProgramServiceRevenueAmt0126495
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IRS990/ReconcilationRevenueExpnssAmt0932564
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IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0413
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.45$0.02$2.43$0.70$0.68$0.02
2023Detailed filing. Detailed filing data is available for this year.$2.37$0.03$2.35$0.53$0.60$0.06
2022Detailed filing. Detailed filing data is available for this year.$2.35$0.02$2.33$1.50$0.56$0.93
2021Detailed filing. Detailed filing data is available for this year.$1.65$0.02$1.63$0.56$0.55$0.01
2020Detailed filing. Detailed filing data is available for this year.$1.67$0.08$1.58$0.53$0.63$0.09
2019Summary only. Only limited summary data is available for this year.$1.64$0.05$1.60$0.46$0.57$0.11
2018Summary only. Only limited summary data is available for this year.$1.57$0.01$1.55$0.28$0.40$0.13
2017Summary only. Only limited summary data is available for this year.$1.82$0.01$1.81$0.60$0.38$0.23
2016Summary only. Only limited summary data is available for this year.$1.53$0.02$1.50$0.21$0.46$0.24
2015Summary only. Only limited summary data is available for this year.$1.75$0.04$1.71$0.30$0.46$0.16
2014Summary only. Only limited summary data is available for this year.$2.02$0.06$1.97$0.79$0.53$0.26
2013Summary only. Only limited summary data is available for this year.$1.88$0.17$1.71$0.53$0.51$0.02
2012Summary only. Only limited summary data is available for this year.$1.93$0.31$1.62$0.61$0.59$0.03
2011Summary only. Only limited summary data is available for this year.$1.93$0.37$1.56$0.33$0.61$0.28
2010Summary only. Only limited summary data is available for this year.$2.10$0.27$1.82$0.47$0.63$0.16