Civic Intelligence

L C Industries Inc

990 • Fiscal year 2017 • EIN 56-0686307

Jul 01, 2016 to Jun 30, 2017 • Filed on Apr 26, 2018

Organization Profilewww.buylci.com

View Organization Page

4500 Emperor BoulevardDurham, NC 27703

(919) 596-8277

Siviq Scores

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

Liabilities / Assets

21st percentile

0.10x

Higher debt load relative to assets than 21% of similar nonprofits.

2017 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2017

Liabilities / Revenue

30th percentile

0.32x

Higher debt load relative to revenue than 30% of similar nonprofits.

2017 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2017

Net Margin

24th percentile

-0.4%

Higher net margin than 24% of similar nonprofits.

2017 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2017

Top Officer Pay

52nd percentile

$905,862

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 1.5% of source-year revenue.

2017 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2017

Asset Growth

13th percentile

-2.5%

Faster asset growth than 13% of similar nonprofits.

2017 filings • 501(c)3 • $250M-$1B nonprofits • Annualized from 2016 to 2017

Revenue Growth

14th percentile

-4.7%

Faster revenue growth than 14% of similar nonprofits.

2017 filings • 501(c)3 • $250M-$1B nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets21st percentile

Assets

Down

$183,458,504

Down $4,635,927 (-2.5%) from 2016

Net Assets

Down

$164,473,174

Down $5,139,829 (-3.0%) from 2016

Liabilities

Up

$18,985,330

Up $503,902 (+2.7%) from 2016

Revenue And Expenses
Liabilities / Revenue30th percentileNet Margin24th percentile

Revenue

Down

$58,551,102

Down $2,910,606 (-4.7%) from 2016

Expenses

Down

$58,767,785

Down $884,310 (-1.5%) from 2016

Net Income

Down

-$216,683

Down $2,026,296 (-112%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth13th percentile

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

$300M$200M$100M$0Assets 2010: $179,954,516Liabilities 2010: $19,874,661Net Assets 2010: $160,079,8552010Assets 2011: $200,427,218Liabilities 2011: $18,885,196Net Assets 2011: $181,542,0222011Assets 2012: $196,517,222Liabilities 2012: $19,408,418Net Assets 2012: $177,108,8042012Assets 2013: $190,733,180Liabilities 2013: $19,066,108Net Assets 2013: $171,667,0722013Assets 2014: $198,741,782Liabilities 2014: $27,424,541Net Assets 2014: $171,317,2412014Assets 2015: $191,431,785Liabilities 2015: $23,628,395Net Assets 2015: $167,803,3902015Assets 2016: $188,094,431Liabilities 2016: $18,481,428Net Assets 2016: $169,613,0032016Assets 2017: $183,458,504Liabilities 2017: $18,985,330Net Assets 2017: $164,473,1742017Assets 2018: $199,894,262Liabilities 2018: $25,576,978Net Assets 2018: $174,317,2842018Assets 2019: $203,902,041Liabilities 2019: $24,658,808Net Assets 2019: $179,243,2332019Assets 2020: $208,660,341Liabilities 2020: $25,348,181Net Assets 2020: $183,312,1602020Assets 2021: $208,188,082Liabilities 2021: $22,627,799Net Assets 2021: $185,560,2832021Assets 2022: $199,406,608Liabilities 2022: $26,495,525Net Assets 2022: $172,911,0832022Assets 2023: $216,486,748Liabilities 2023: $36,530,520Net Assets 2023: $179,956,2282023Assets 2024: $237,338,924Liabilities 2024: $40,864,032Net Assets 2024: $196,474,8922024

Highlighted filing

2017

Assets$183,458,504
Liabilities$18,985,330
Net Assets$164,473,174
Open 2017 Filing

Operations Trend

Revenue Growth14th percentile

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

$400M$300M$200M$100M$0-$100MExpenses 2010: $44,691,4942010Expenses 2011: $44,348,3962011Expenses 2012: $53,911,8702012Revenue 2013: $56,925,019Expenses 2013: $62,366,751Net Income 2013: -$5,441,7322013Revenue 2014: $56,372,012Expenses 2014: $56,721,843Net Income 2014: -$349,8312014Revenue 2015: $68,905,403Expenses 2015: $72,383,799Net Income 2015: -$3,478,3962015Revenue 2016: $61,461,708Expenses 2016: $59,652,095Net Income 2016: $1,809,6132016Revenue 2017: $58,551,102Expenses 2017: $58,767,785Net Income 2017: -$216,6832017Revenue 2018: $67,625,356Expenses 2018: $57,781,246Net Income 2018: $9,844,1102018Revenue 2019: $70,414,612Expenses 2019: $65,488,663Net Income 2019: $4,925,9492019Revenue 2020: $68,096,867Expenses 2020: $64,027,940Net Income 2020: $4,068,9272020Revenue 2021: $66,526,381Expenses 2021: $64,278,258Net Income 2021: $2,248,1232021Revenue 2022: $48,935,731Expenses 2022: $61,584,931Net Income 2022: -$12,649,2002022Revenue 2023: $295,716,440Expenses 2023: $288,811,370Net Income 2023: $6,905,0702023Revenue 2024: $359,199,757Expenses 2024: $342,681,093Net Income 2024: $16,518,6642024

Highlighted filing

2017

Revenue$58,551,102
Expenses$58,767,785
Net Income-$216,683
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Apr 26, 2018
Return Version
2016v3.0
Gross Receipts
$251,820,323
Mission and Program Overview

Mission

THE ORGANIZATION'S MISSION IS TO PROVIDE MEANINGFUL EMPLOYMENT FOR those who are blind and visually impaired.

To employ and teach the visually impaired

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$57,732,331$58,280,781▲ $548,450
Inventories for Sale or Use$41,599,630$41,477,295▼ $122,335
Land, Buildings, and Equipment, Net$38,697,551$37,414,386▼ $1,283,165
Investments in Publicly Traded Securities$26,400,111$27,902,728▲ $1,502,617
Accounts Receivable$14,011,321$13,939,089▼ $72,232
Intangible Assets$2,369,975$2,331,107▼ $38,868
Savings and Temporary Cash Investments$1,487,631$1,561,190▲ $73,559
Prepaid Expenses and Deferred Charges$872,735$549,634▼ $323,101
Total Assets$183,171,285$183,458,504▲ $287,219
Other Assets Total$0$2,294▲ $2,294
Liabilities
Accounts Payable and Accrued Expenses$14,930,948$15,639,983▲ $709,035
Other Liabilities$3,550,480$3,345,347▼ $205,133
Total Liabilities$18,481,428$18,985,330▲ $503,902
Net Assets / Fund Balance
Unrestricted Net Assets$164,689,857$164,473,174▼ $216,683
Total Net Assets Fund Balance$164,689,857$164,473,174▼ $216,683
Total Liabilities and Net Assets / Fund Balance$183,171,285$183,458,504▲ $287,219

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$9,635,260$28,193,456$37,828,716
Buildings$17,665,300$9,720,812$27,386,112
Leasehold Improvements$5,269,702$3,562,601$8,832,303
Other Land Buildings$1,031,637$5,250,687$6,282,324
Land$3,812,487-$3,812,487
Compensation and Service Providers
Top Officer Pay52nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
William HudsonCEOFT$550,004$355,858$905,862
Jeffrey HawtingPresidentFT$425,880$199,025$624,905
PATRICK LINDSeYCOOFT$407,992$151,809$559,801
Rick StallingsCFOFT$269,331$154,424$423,755
William P DudleyVP SalesFT$173,388$64,991$238,379
Marisa ChrismonChroFT$174,720$59,870$234,590
William BlacktonVP RetailFT$162,742$69,588$232,330
DUWAYNE GilbertsonVP PRODUct DevelopmentFT$149,964$71,141$221,105
Scott M SchrantzDirector DistributionFT$134,550$48,376$182,926
Derek Arthur BryneDirector, Technology Serv.FT$138,607$36,658$175,265
Christopher Michael OsmonDirector TagFT$145,117$4,403$149,520

Board Members and Trustees

NameTitle
Bill KennonBoard Member
Ernie RoesslerBoard Member
Joe M Lee IIIBoard Member
Richard M HutsonBoard Member
Ted GriffinBoard Member
Tom WhiteSecretary
Steve HarrisTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Clearview Audit LLCFreight Services6325 ODANA RD, Madison, WI 53719$1,254,945
Manhattan AssociatesIt Support For Wms (scale)PO BOX 3049, Atlanta, GA 30384$918,947
Golden Triangle Industrial Park LLCLeasePO BOX 80318, City Of Industry, CA 91716$214,966
Dixon Hughes Goodman LLPIndependent Accounting FirmPO box 3049, Asheville, NC 28802$165,065
CrispMarketing Services1122 OBERLIN ROAD, Raleigh, NC 27605$157,500
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$1,654,420
Other Revenue
$56,896,682
Change in Net Assets
$-216,683

Audited Revenue Reconciliation

Revenue per Audited Statements
$58,551,102
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$58,551,102
Total Revenue per Form 990
$58,551,102
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$30,747,008
Other Expenses$23,008,877
Grants and Similar Amounts Paid$5,011,900
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$14,948,481$5,338,459-$20,286,940
Office Expenses$8,236,483$729,461-$8,965,944
Grants to Domestic Orgs$5,011,900--$5,011,900
Fees for Services Other$3,045,026$1,161,488-$4,206,514
Pension Plan Contributions$1,993,328$1,117,639-$3,110,967
Other Employee Benefits$2,285,451$799,539-$3,084,990
Current Officers, Directors, Trustees, and Key Employees-$2,981,242-$2,981,242
Depreciation Depletion$2,271,584$424,877-$2,696,461
Occupancy$2,278,009$215,763-$2,493,772
Payroll Taxes$909,053$373,816-$1,282,869
Insurance$872,805$201,662-$1,074,467
Travel$264,914$216,515-$481,429
Conferences and Meetings$38,028$234,161-$272,189
Fees for Services Accounting$792$207,077-$207,869
Information Technology$58,541$105,107-$163,648
Advertising$50,410$35,558-$85,968
Fees for Services Legal$7,932$26,386-$34,318
Other Expenses$30,115$2-$2
Total Functional Expenses$44,459,176$14,308,609$0$58,767,785

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$58,767,785
Expenses per Audited Statements$53,767,785
Total Expenses per Audited Statements$53,767,785
Expenses Not Reported on Financial Statements$5,000,000
Other Expense Adjustments$5,000,000
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
L C Industries FoundationDurham, NC501(c)(3)Operational Support$5,000,000
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

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Lee Air ConditionersBoard MemberA Board Member Listed in Part Vii Is Also a Stockholder of a Company That Was Compensated for Repairs and Maintenance of Equipment.No$290,371
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Customer Deposits$1,957,618
Pension Liability$1,387,729
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
Yes
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
No

Governance Explanations

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

“The form 990 was reviewed by management and then emailed to every board member prior to filing with the irs.”

Form 990, Part VI, Section B, line 15

“Executive compensation is established by the ceo with board approval. Chro conducts annual national executive compensation study for benchmarking. Market data acquired annually by chro to update salary administration plan for all other positions to determine compensation. Available for review with ceo/president.”

Form 990, Part VI, Section C, line 19

“Governing documents, financial statements, and conflict of interest policy are made available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
L C Industries Inc
EIN
56-0686307
Phone
9195968277
Address
4500 EMPEROR BOULEVARD, DURHAM, NC 27703

Signing Officer

Name
Jeffrey Hawting
Title
VP of Finance
Phone
9195968277
Signed
2018-04-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William Hudson
Formed
1958
Legal Domicile
Nc
Voting Board Members
8
Independent Board Members
6
Employees
892
Volunteers
0

Preparer

Firm
Dixon Hughes Goodman Llp
Address
500 RIDGEFIELD COURT, ASHEVILLE, NC 28806
Preparer
Amy Bibby
Phone
8282542254
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“This process has not changed from the prior year.”

Financial Statement Notes

Part X, Line 2:

“L C Industries Inc. is exempt from income taxes under section 501(c)(3) of the Internal Revenue Code; accordingly, the accompanying financial statements do not reflect a provision or liability for federal and state income taxes. The Company determined that they do not have any material unrecognized tax benefits or obligations as of June 30, 2017 and 2016.”

Part XII, Line 4B - Other Adjustments:

“Grant to lci foundation 5,000,000.”

Raw XML AppendixShowing 400 of 847 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt724658
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt830810
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt916080
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1025695
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1111335
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1228657
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1328228
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1421976
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt154403
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1625868
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1726658
IRS990/Form990PartVIISectionAGrp/PersonNm0Ted Griffin
IRS990/Form990PartVIISectionAGrp/PersonNm1Steve Harris
IRS990/Form990PartVIISectionAGrp/PersonNm2Richard M Hutson
IRS990/Form990PartVIISectionAGrp/PersonNm3Joe M Lee III
IRS990/Form990PartVIISectionAGrp/PersonNm4BILL KENNON
IRS990/Form990PartVIISectionAGrp/PersonNm5Ernie Roessler
IRS990/Form990PartVIISectionAGrp/PersonNm6Tom White
IRS990/Form990PartVIISectionAGrp/PersonNm7William Hudson
IRS990/Form990PartVIISectionAGrp/PersonNm8Jeffrey Hawting
IRS990/Form990PartVIISectionAGrp/PersonNm9PATRICK LINDSeY
IRS990/Form990PartVIISectionAGrp/PersonNm10RICK STALLINGS
IRS990/Form990PartVIISectionAGrp/PersonNm11MARISA CHRISMON
IRS990/Form990PartVIISectionAGrp/PersonNm12WILLIAM BLACKTON
IRS990/Form990PartVIISectionAGrp/PersonNm13DUWAYNE Gilbertson
IRS990/Form990PartVIISectionAGrp/PersonNm14SCOTT M SCHRANTZ
IRS990/Form990PartVIISectionAGrp/PersonNm15CHRISTOPHER MICHAEL OSMON
IRS990/Form990PartVIISectionAGrp/PersonNm16WILLIAM P DUDLEY
IRS990/Form990PartVIISectionAGrp/PersonNm17DEREK ARTHUR BRYNE
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt7881204
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt8594095
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt9543721
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10398060
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11223255
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12203673
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13192877
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14160950
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15145117
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt16212511
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt17148607
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/TitleTxt0Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt3Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt4Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt5Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt6SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt7CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt8PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt9COO
IRS990/Form990PartVIISectionAGrp/TitleTxt10CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt11CHRO
IRS990/Form990PartVIISectionAGrp/TitleTxt12VP RETAIL
IRS990/Form990PartVIISectionAGrp/TitleTxt13VP PRODUct Development
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR DISTRIBUTION
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR TAG
IRS990/Form990PartVIISectionAGrp/TitleTxt16VP SALES
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR, TECHNOLOGY SERV.
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr01958
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0-45092
IRS990/GainOrLossGrp/SecuritiesAmt0767640
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GrantAmt05011900
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt05011900
IRS990/GrantsToDomesticOrgsGrp/TotalAmt05011900
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt021184
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt013680859
IRS990/GrossReceiptsAmt0251820323
IRS990/GrossRentsGrp/RealAmt036709
IRS990/GrossSalesOfInventoryAmt0236805121
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt021
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0105107
IRS990/InformationTechnologyGrp/ProgramServicesAmt058541
IRS990/InformationTechnologyGrp/TotalAmt0163648
IRS990/InsuranceGrp/ManagementAndGeneralAmt0201662
IRS990/InsuranceGrp/ProgramServicesAmt0872805
IRS990/InsuranceGrp/TotalAmt01074467
IRS990/IntangibleAssetsGrp/BOYAmt02369975
IRS990/IntangibleAssetsGrp/EOYAmt02331107
IRS990/InventoriesForSaleOrUseGrp/BOYAmt041599630
IRS990/InventoriesForSaleOrUseGrp/EOYAmt041477295
IRS990/InvestmentIncomeGrp/ExclusionAmt0931872
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0931872
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt026400111
IRS990/InvestmentsPubTradedSecGrp/EOYAmt027902728
IRS990/IRPDocumentCnt066
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt046727556
IRS990/LandBldgEquipBasisNetGrp/BOYAmt038697551
IRS990/LandBldgEquipBasisNetGrp/EOYAmt037414386
IRS990/LandBldgEquipCostOrOtherBssAmt084141942
IRS990/LegalDomicileStateCd0NC
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt066276
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt012913219
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt02250
IRS990/MiscellaneousRevenueGrp/UnrelatedBusinessRevenueAmt02250
IRS990/MissionDesc0THE ORGANIZATION'S MISSION IS TO PROVIDE MEANINGFUL EMPLOYMENT FOR PEOPLE WHO ARE LEGALLY BLIND.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0164689857
IRS990/NetAssetsOrFundBalancesEOYAmt0164473174
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0722548
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0722548
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt056515395
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt056515395
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt036709
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt036709
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0215763
IRS990/OccupancyGrp/ProgramServicesAmt02278009
IRS990/OccupancyGrp/TotalAmt02493772
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0729461
IRS990/OfficeExpensesGrp/ProgramServicesAmt08236483
IRS990/OfficeExpensesGrp/TotalAmt08965944
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt02294
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0799539
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt02285451
IRS990/OtherEmployeeBenefitsGrp/TotalAmt03084990
IRS990/OtherExpensesGrp/Desc0Commissions
IRS990/OtherExpensesGrp/Desc1Bad Debt Expense
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS EXPENSE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt083137
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt156720
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt22
IRS990/OtherExpensesGrp/ProgramServicesAmt02156324
IRS990/OtherExpensesGrp/ProgramServicesAmt130115
IRS990/OtherExpensesGrp/TotalAmt02239461
IRS990/OtherExpensesGrp/TotalAmt186835
IRS990/OtherExpensesGrp/TotalAmt22
IRS990/OtherLiabilitiesGrp/BOYAmt03550480
IRS990/OtherLiabilitiesGrp/EOYAmt03345347
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/BusinessCd2900099
IRS990/OtherRevenueMiscGrp/Desc0Commissions
IRS990/OtherRevenueMiscGrp/Desc1Miscellaneous
IRS990/OtherRevenueMiscGrp/Desc2SERVICE INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0255792
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt181792
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt24744
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0255792
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt181792
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt24744
IRS990/OtherRevenueTotalAmt0344578
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt05338459
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt014948481
IRS990/OtherSalariesAndWagesGrp/TotalAmt020286940
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0373816
IRS990/PayrollTaxesGrp/ProgramServicesAmt0909053
IRS990/PayrollTaxesGrp/TotalAmt01282869
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt01117639
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt01993328
IRS990/PensionPlanContributionsGrp/TotalAmt03110967
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0872735
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0549634
IRS990/PrincipalOfficerNm0WILLIAM HUDSON
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt04226550
IRS990/PYInvestmentIncomeAmt0-68019
IRS990/PYOtherExpensesAmt026132142
IRS990/PYOtherRevenueAmt057665443
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-3113533
IRS990/PYSalariesCompEmpBnftPaidAmt030352265
IRS990/PYTotalExpensesAmt060710957
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt057597424
IRS990/QuidProQuoContributionsInd00

Document Assets

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$183,458,504
Liabilities
$18,985,330
Net assets
$164,473,174
Revenue
$58,551,102
Expenses
$58,767,785
Net income
-$216,683
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$237$40.9$196$359$343$16.5
2023Detailed filing. Detailed filing data is available for this year.$216$36.5$180$296$289$6.91
2022Detailed filing. Detailed filing data is available for this year.$199$26.5$173$48.9$61.6$12.6
2021Detailed filing. Detailed filing data is available for this year.$208$22.6$186$66.5$64.3$2.25
2020Detailed filing. Detailed filing data is available for this year.$209$25.3$183$68.1$64.0$4.07
2019Detailed filing. Detailed filing data is available for this year.$204$24.7$179$70.4$65.5$4.93
2018Detailed filing. Detailed filing data is available for this year.$200$25.6$174$67.6$57.8$9.84
2017Detailed filing. Detailed filing data is available for this year.$183$19.0$164$58.6$58.8$0.22
2016Detailed filing. Detailed filing data is available for this year.$188$18.5$170$61.5$59.7$1.81
2015Detailed filing. Detailed filing data is available for this year.$191$23.6$168$68.9$72.4$3.48
2014Detailed filing. Detailed filing data is available for this year.$199$27.4$171$56.4$56.7$0.35
2013Summary only. Only limited summary data is available for this year.$191$19.1$172$56.9$62.4$5.44
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$197$19.4$177$53.9
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$200$18.9$182$44.3
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$180$19.9$160$44.7