Civic Intelligence

Alphapointe Association for the Blind

990 • Fiscal year 2019 • EIN 44-0552486

Oct 01, 2018 to Sep 30, 2019 • Filed on Feb 17, 2020

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7501 Prospect AvenueKansas City, MO 64132

(816) 421-5848

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.54x

Higher debt load relative to assets than 73% of similar nonprofits.

2019 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2019

Liabilities / Revenue

60th percentile

0.54x

Higher debt load relative to revenue than 60% of similar nonprofits.

2019 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2019

Net Margin

35th percentile

0.1%

Higher net margin than 35% of similar nonprofits.

2019 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2019

Top Officer Pay

48th percentile

$336,539

Higher top officer pay than 48% of similar nonprofits.

Top officer pay equals 0.6% of source-year revenue.

2019 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2019

Asset Growth

32nd percentile

0.6%

Faster asset growth than 32% of similar nonprofits.

2019 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2018 to 2019

Revenue Growth

49th percentile

3.5%

Faster revenue growth than 49% of similar nonprofits.

2019 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2018 to 2019

Assets

Up

$59,507,048

Up $350,572 (+0.6%) from 2018

Net Assets

Down

$27,173,731

Down $1,166,418 (-4.1%) from 2018

Liabilities

Up

$32,333,317

Up $1,516,990 (+4.9%) from 2018

Revenue

Up

$59,443,182

Up $2,019,997 (+3.5%) from 2018

Expenses

Up

$59,395,136

Up $3,297,190 (+5.9%) from 2018

Net Income

Down

$48,046

Down $1,277,193 (-96%) from 2018

Historical Trend

Balance Sheet Trend

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

$80M$60M$40M$20M$0Assets 2010: $27,426,160Liabilities 2010: $8,831,064Net Assets 2010: $18,595,0962010Assets 2011: $27,796,202Liabilities 2011: $9,246,158Net Assets 2011: $18,550,0442011Assets 2012: $27,781,230Liabilities 2012: $7,594,051Net Assets 2012: $20,187,1792012Assets 2013: $28,619,588Liabilities 2013: $8,517,134Net Assets 2013: $20,102,4542013Assets 2014: $36,605,563Liabilities 2014: $12,720,206Net Assets 2014: $23,885,3572014Assets 2015: $32,840,776Liabilities 2015: $9,681,001Net Assets 2015: $23,159,7752015Assets 2016: $34,875,708Liabilities 2016: $10,159,749Net Assets 2016: $24,715,9592016Assets 2017: $54,756,659Liabilities 2017: $28,464,947Net Assets 2017: $26,291,7122017Assets 2018: $59,156,476Liabilities 2018: $30,816,327Net Assets 2018: $28,340,1492018Assets 2019: $59,507,048Liabilities 2019: $32,333,317Net Assets 2019: $27,173,7312019Assets 2020: $60,764,117Liabilities 2020: $32,165,058Net Assets 2020: $28,599,0592020Assets 2021: $63,114,950Liabilities 2021: $34,725,800Net Assets 2021: $28,389,1502021Assets 2022: $66,593,380Liabilities 2022: $32,226,015Net Assets 2022: $34,367,3652022Assets 2023: $70,377,944Liabilities 2023: $35,839,138Net Assets 2023: $34,538,8062023Assets 2024: $76,310,831Liabilities 2024: $39,382,470Net Assets 2024: $36,928,3612024

Highlighted filing

2019

Assets$59,507,048
Liabilities$32,333,317
Net Assets$27,173,731

Operations Trend

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

$80M$60M$40M$20M$0-$20MExpenses 2010: $7,241,7982010Revenue 2011: $7,952,959Expenses 2011: $7,564,575Net Income 2011: $388,3842011Expenses 2012: $8,491,2042012Expenses 2013: $9,283,0602013Revenue 2014: $14,718,375Expenses 2014: $11,219,134Net Income 2014: $3,499,2412014Revenue 2015: $13,092,952Expenses 2015: $12,503,693Net Income 2015: $589,2592015Revenue 2016: $12,164,308Expenses 2016: $10,848,997Net Income 2016: $1,315,3112016Revenue 2017: $50,331,972Expenses 2017: $48,503,600Net Income 2017: $1,828,3722017Revenue 2018: $57,423,185Expenses 2018: $56,097,946Net Income 2018: $1,325,2392018Revenue 2019: $59,443,182Expenses 2019: $59,395,136Net Income 2019: $48,0462019Revenue 2020: $65,874,700Expenses 2020: $64,013,950Net Income 2020: $1,860,7502020Revenue 2021: $62,807,791Expenses 2021: $63,989,831Net Income 2021: -$1,182,0402021Revenue 2022: $65,983,959Expenses 2022: $59,586,111Net Income 2022: $6,397,8482022Revenue 2023: $65,149,206Expenses 2023: $65,302,728Net Income 2023: -$153,5222023Revenue 2024: $66,494,303Expenses 2024: $64,959,953Net Income 2024: $1,534,3502024

Highlighted filing

2019

Revenue$59,443,182
Expenses$59,395,136
Net Income$48,046
Jump To
Filing Snapshot
Filing Period
Oct 1, 2018 to Sep 30, 2019
Signed
Feb 17, 2020
Return Version
2018v3.1
Gross Receipts
$59,763,108
Mission and Program Overview

Mission

Empowering people with vision loss to achieve their goals and aspirations.

Employ people who are blind and provide rehabilitation services to the visually impaired.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$34,336,905$34,516,617▲ $179,712
Inventories for Sale or Use$6,470,424$7,940,855▲ $1,470,431
Accounts Receivable$7,419,324$5,817,082▼ $1,602,242
Investments in Publicly Traded Securities$5,674,894$5,418,988▼ $255,906
Intangible Assets$1,626,591$2,589,144▲ $962,553
Prepaid Expenses and Deferred Charges$504,413$533,571▲ $29,158
Savings and Temporary Cash Investments$406,002$482,601▲ $76,599
Cash and Non-Interest-Bearing Accounts$375,543$367,381▼ $8,162
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$59,156,476$59,507,048▲ $350,572
Other Assets Total$2,342,380$1,840,809▼ $501,571
Liabilities
Tax Exempt Bond Liabilities$23,083,125$22,358,273▼ $724,852
Accounts Payable and Accrued Expenses$5,061,722$5,417,671▲ $355,949
Other Liabilities$2,397,466$3,994,800▲ $1,597,334
Deferred Revenue$274,014$562,573▲ $288,559
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Total Liabilities$30,816,327$32,333,317▲ $1,516,990
Net Assets / Fund Balance
Unrestricted Net Assets$25,278,614$24,066,212▼ $1,212,402
Permanently Rstr Net Assets$1,941,809$1,890,809▼ $51,000
Temporarily Rstr Net Assets$1,119,726$1,216,710▲ $96,984
Total Net Assets Fund Balance$28,340,149$27,173,731▼ $1,166,418
Total Liabilities and Net Assets / Fund Balance$59,156,476$59,507,048▲ $350,572

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$26,490,636$6,402,539$32,893,175
Equipment$3,398,400$8,701,198$12,099,598
Land$4,594,473-$4,594,473
Leasehold Improvements$0$118,788$118,788
Other Land Buildings$33,108-$33,108

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$748,701-▲ $44,503$25,000$765,839
2017$824,983-▲ $31,219$102,396$748,701
2016$768,547-▲ $58,883-$824,983
2015$722,313-▲ $48,815$1,925$768,547
2014$130,335$614,516▼ $21,867-$722,313
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Reinhard MabryPresident and CEOFT$209,766$126,773$336,539
Jeff MchenryCFOFT$138,162$47,535$185,697
Ryan WilliamsVP SalesFT$112,580$48,203$160,783
Michael StephensVP OperationsFT$111,745$46,074$157,819
Stanley WrightVP Information TechnologyFT$116,022$33,729$149,751
Brent HarlowDirector-operationsFT$133,190$6,044$139,234
Gina GowinVP Program Services & DevelopmFT$115,879$15,236$131,115

Board Members and Trustees

NameTitle
Jeff LynchChairman
Ed MarquetteImmediate Past Chair
Sheila SeckFirst Vice Chair
Major Gen Ret Michael LynchSecond Vice Chair
Brig Gen RET Mark O'NeillTrustee
Grant GoodingTrustee
Jack MuhlsteinTrustee
James BarryTrustee
Janice ThompsonTrustee
Jim DayTrustee
Joe DanowskyTrustee
Kathryn DusenberyTrustee
Ken RobersonTrustee
Major Gen Ret Gale PollockTrustee
Marc BailinTrustee
Michael WilliamsTrustee
Paul HeddingsTrustee
Sheri JohnsonTrustee
Steve CranfordTrustee
Amy GoodeInterim Treasurer
Danny DaviesSecretary
Stephen MockTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
C H Robinson Company INCFreight ConsolidatorPO BOX 9121, Minneapolis, MN 55480$1,315,692
Kutak Rock LLPLegal ServicesPO BOX 30057, Omaha, NE 68103-1157$1,125,138
Afs LLCFreight ConsolidatorPO BOX 1986, Shreveport, LA 71166-1986$810,184
Allstate Contracting Group INCContractor151-01 14TH AVE, Whitestone, NY 11357$176,100
Drinker Biddle And Reath LLPLegal Services1500 K ST NW STE 1100, Washington, DC 20005$142,291
Revenue and Support

Revenue Composition

Contributions and Grants
$13,487,093
Program Service Revenue
$45,577,249
Investment Income
$251,681
Other Revenue
$127,159
All Other Contributions
$61,057
Change in Net Assets
$48,046
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$41,877,278
Salaries, Compensation, and Employee Benefits$17,517,858
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$10,526,289$1,437,150-$11,963,439
Other Employee Benefits$2,946,553$483,634-$3,430,187
Fees for Services Other$1,842,601$162,799-$2,005,400
Depreciation Depletion$1,467,062$206,006-$1,673,068
Occupancy$1,304,058$34,496-$1,338,554
Payroll Taxes$939,339$128,967-$1,068,306
Interest$911,621$26,561-$938,182
All Other Expenses$713,488$190,587-$904,075
Travel$418,945$271,564-$690,509
Current Officers, Directors, Trustees, and Key Employees$528,385$93,244-$621,629
Pension Plan Contributions$356,928$77,369-$434,297
Insurance$328,290$11,496-$339,786
Fees for Services Legal$174,369$35,377-$209,746
Fees for Services Accounting-$173,051-$173,051
Information Technology$35,692$136,938-$172,630
Office Expenses$84,077$44,898-$128,975
Advertising$61,595$36,902-$98,497
Other Expenses$15,265$50,922-$66,187
Total Functional Expenses$55,606,635$3,788,501$0$59,395,136
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
See Part V----

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Line of Credit$3,196,281
Interest Rate Swap$798,519

Bond Issues

BondIssuerIssuedIssue PricePurpose
ABuild Nyc Resource Corporation2017-06-16$18,850,000SEE PART VI
BIndustrial Revenue Dev Authority - Kansas City2016-06-28$5,679,325SEE PART VI

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$18,850,000$0$442,735$396,243
B$5,679,325$4,140,892$1,128,123$113,433

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
Yes
Governance and Compliance

Governance Checklist

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

Governance Explanations

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

An independent accounting firm prepares and reviews the 990. The 990 is then reviewed by the organization's officers and accounting personnel. Any questions or concerns the organization's officers and accounting personnel have are addressed and any corrections or clarifications that need to be made are made. A copy of the 990 is then presented to the audit committee for review and approval prior to filing. The audit committee reports directly to the board of directors on the status of their review. A final copy is also made available to the board of directors following review by the audit committee.

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

At the time of hire or election (in the case of directors) and annually thereafter, the officers, directors, and key employees shall provide the applicable conflict of interest disclosures which shall be completed to identify any relationships, positions, or circumstances in which it is believed a conflict may arise. If a conflict arises, the officer, director, or key employee abstains from the vote of the conflicted position.

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

The organization's ceo compensation is reviewed and updated annually by the executive committee of the board of directors. The executive committee uses comparability data of similar organizations when determining compensation and documents its decision process. Once determined the compensation of the ceo is approved by the board of directors.

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

The compensation of the other officers was approved by their respective supervisor. It was based on both a written job performance evaluation and a formal compensation system built for the entire organization utilizing the services of an independent compensation consultant group.

Form 990, Part VI, Section C, Line 19

The organizations conflict of interest policy, financial statements and governing documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Alphapointe
EIN
44-0552486
In Care Of
% REINHARD MABRY
Phone
8164215848
Address
7501 Prospect Avenue, Kansas City, MO 64132

Signing Officer

Name
Reinhard Mabry
Title
President and CEO
Phone
8164215848
Signed
2020-02-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Reinhard Mabry
Formed
1911
Legal Domicile
Mo
Voting Board Members
18
Independent Board Members
17
Employees
494
Volunteers
725

Preparer

Firm
Bkd Llp
Address
1201 Walnut Suite 1700, Kansas City, MO 64106-2246
Preparer
Michael J Engle
Phone
8162216300
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4A

Most jobs entail the manufacture or assembly of products such as janitorial, medical plastics, office products, and military textiles for the federal government and the New York state use program. In addition, blind jobs were created by fulfilling federal and state contract services such as warehousing, switchboard, contract audit, mail bag sort, and operating military base supply stores. Alphapointe pursues product sales and service opportunities with state governments and in the commercial marketplace which complement the products and services already being provided through federal channels. All business lines performed by Alphapointe involve blind labor. The commercial business is primarily occurring within the plastic manufacturing, sewing and call center operations, adding at least 10 incremental employment opportunities for blind workers. The agency provides comprehensive rehabilition, education and activities for all ages of people who are blind and visually impaired. during the Fiscal year, we served 2,219 individuals. Alphapointe's comprehensive services include personalized instruction in braille, adaptive technology, orientation and mobility, daily living skills, diabetes education, college prep, and job placement services provided to 793 people. senior adult services were provided occupational therapy and devices at Alphapointe or in their homes, for a total of 116 seniors. A low vision clinic provided services to 295 individuals. a total of 362 children and youth participated in adventure and technology camps, and ongoing youth development education and programming. another 653 individuals received referrals, guidance and educational programs regarding their vision loss. the agency received 11,018 hours of volunteer services for those being served by Alphapointe.

Form 990, Part XI, Line 9

Change in value of interest rate swap (1,249,091)

Financial Statement Notes

Schedule D, Part V, Line 4

The organization intends to use its endowment funds and related investment returns as necessary to provide competitive and long term employment for the visually impaired. This could include capital projects, facility or business expansion, or to support financially challenged operations or services during periods of business downturns.

Schedule D, Part X, Line 2

Management has evaluated their income tax positions under the guidance included in asc 740. Based on their review, management has not identified any material uncertain tax positions to be recorded or disclosed in the financial statements.

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IRS990/Desc0ALPHAPOINTE PROVIDES EMPLOYMENT AND OTHER OPPORTUNITIES FOR INCREASED INDEPENDENCE TO BLIND AND VISUALLY IMPAIRED PEOPLE BY SUPPLYING PRODUCTS AND SERVICES WITHIN THE U.S. ABILITYONE PROGRAM AND OTHER FEDERAL, STATE AND COMMERCIAL MARKETS. ALPHAPOINTE PROVIDED MANUFACTURING, ASSEMBLY, SERVICE, CONTACT CENTER, CUSTOMER SUPPORT, CLERICAL, AND RELATED EMPLOYMENT TO 267 LEGALLY BLIND PERSONS DURING THE FISCAL YEAR. AT YEAR END, ALPHAPOINTE EMPLOYED 103 BLIND AND 87 SIGHTED WORKERS IN ITS KANSAS CITY OPERATIONS, 122 BLIND AND 67 SIGHTED WORKERS IN ITS NEW YORK CITY OPERATIONS, AND 3 BLIND AND 9 SIGHTED WORKERS AT ITS TWO MILITARY BASE STORES. (SEE CONTINUATION ON SCHEDULE O)
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IRS990/Form990PartVIISectionAGrp/TitleTxt19TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt20TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt21TRUSTEE
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IRS990/Form990PartVIISectionAGrp/TitleTxt26VP SALES
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$76.3$39.4$36.9$66.5$65.0$1.53
2023Summary only. Only limited summary data is available for this year.$70.4$35.8$34.5$65.1$65.3$0.15
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$66.6$32.2$34.4$66.0$59.6$6.40
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$63.1$34.7$28.4$62.8$64.0$1.18
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$60.8$32.2$28.6$65.9$64.0$1.86
2019Detailed filing. Detailed filing data is available for this year.$59.5$32.3$27.2$59.4$59.4$0.05
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$59.2$30.8$28.3$57.4$56.1$1.33
2017Summary only. Only limited summary data is available for this year.$54.8$28.5$26.3$50.3$48.5$1.83
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$34.9$10.2$24.7$12.2$10.8$1.32
2015Detailed filing. Detailed filing data is available for this year.$32.8$9.68$23.2$13.1$12.5$0.59
2014Detailed filing. Detailed filing data is available for this year.$36.6$12.7$23.9$14.7$11.2$3.50
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$28.6$8.52$20.1$9.28
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$27.8$7.59$20.2$8.49
2011Summary only. Only limited summary data is available for this year.$27.8$9.25$18.6$7.95$7.56$0.39
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$27.4$8.83$18.6$7.24