Liabilities / Assets
51st percentile
Higher debt load relative to assets than 51% of similar nonprofits.
EIN 59-0637876 • 501(c)3 • Tampa, FL
Profile
To maximize independence and provide employment opportunities for persons who are blind or visually impaired.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
51st percentile
Higher debt load relative to assets than 51% of similar nonprofits.
Liabilities / Revenue
62nd percentile
Higher debt load relative to revenue than 62% of similar nonprofits.
Net Margin
32nd percentile
Higher net margin than 32% of similar nonprofits.
Top Officer Pay
48th percentile
Higher top officer pay than 48% of similar nonprofits.
Top officer pay equals 3.4% of source-year revenue.
Asset Growth
76th percentile
Faster asset growth than 76% of similar nonprofits.
Revenue Growth
71st percentile
Faster revenue growth than 71% of similar nonprofits.
Assets
Down$6,176,048
Down $9,201 (-0.1%) from 2023
Liabilities
Up$318,986
Up $60,388 (+23%) from 2023
Net Assets
Down$5,857,062
Down $69,589 (-1.2%) from 2023
Revenue
Up$2,922,706
Up $133,292 (+4.8%) from 2023
Expenses
Up$3,281,272
Up $48,877 (+1.5%) from 2023
Net Income
Up-$358,566
Up $84,415 (+19%) from 2023
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
To maximize independence and provide employment opportunities for persons who are blind or visually impaired.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments in Publicly Traded Securities | $3,209,273 | $3,427,695 | ▲ $218,422 |
| Land, Buildings, and Equipment, Net | $1,833,236 | $1,790,404 | ▼ $42,832 |
| Investments Other Securities | $781,574 | $490,659 | ▼ $290,915 |
| Accounts Receivable | $213,249 | $220,213 | ▲ $6,964 |
| Cash and Non-Interest-Bearing Accounts | $97,378 | $195,384 | ▲ $98,006 |
| Inventories for Sale or Use | $48,914 | $51,693 | ▲ $2,779 |
| Total Assets | $6,185,249 | $6,176,048 | ▼ $9,201 |
| Other Assets Total | $1,625 | - | - |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $243,750 | $304,138 | ▲ $60,388 |
| Other Liabilities | $14,848 | $14,848 | → $0 |
| Total Liabilities | $258,598 | $318,986 | ▲ $60,388 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $5,921,551 | $5,857,062 | ▼ $64,489 |
| Net Assets With Donor Restrictions | $5,100 | - | - |
| Total Net Assets Fund Balance | $5,926,651 | $5,857,062 | ▼ $69,589 |
| Total Liabilities and Net Assets / Fund Balance | $6,185,249 | $6,176,048 | ▼ $9,201 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $1,475,582 | $1,602,147 | $3,077,729 |
| Land | $264,860 | - | $264,860 |
| Equipment | $13,461 | $167,604 | $181,065 |
| Other Land Buildings | $36,501 | $129,649 | $166,150 |
| Other Securities | $490,659 | - | - |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Sheryl K Brown | CEO & Presid | FT | $123,897 | $123,897 |
| Eric Schultheis | CFO | FT | $103,196 | $103,196 |
| Veronica G White | Director of | FT | $102,166 | $102,166 |
| David Ferguson | Director of | FT | $101,458 | $101,458 |
| Name | Title |
|---|---|
| Matthew Dahl | Chair |
| Scott Young | Vice Chair |
| David Finger | Director |
| Deon Bradley | Director |
| Donna Smith | Director |
| Ed Locke Jr | Director |
| Felicia Blanco | Director |
| Kaela Lerner | Director |
| Kristin Johnson | Director |
| Lizbeth Strother | Director |
| Ramsey Chabbar | Director |
| Shelly-ann Wilson | Director |
| Tamara West | Director |
| Tina Thomas | Director |
| Kristen Herrick-feazell | Secretary |
| Matthew Fernandez | Treasurer |
| Tracy Stromberg | Treasurer |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $2,300,434 |
| Other Expenses | $980,838 |
| Total Fundraising Expense | $247,332 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $1,595,417 | $180,178 | $167,079 | $1,942,674 |
| Occupancy | $214,030 | $18,295 | $13,529 | $245,854 |
| Other Employee Benefits | $166,241 | $18,552 | $16,697 | $201,490 |
| Payroll Taxes | $128,912 | $14,077 | $13,281 | $156,270 |
| Depreciation Depletion | $98,899 | $14,050 | $3,966 | $116,915 |
| Insurance | $75,934 | $17,593 | $7,529 | $101,056 |
| Fees for Services Other | - | $19,190 | $14,712 | $33,902 |
| All Other Expenses | $18,598 | $1,246 | $3,950 | $23,794 |
| Conferences and Meetings | $18,422 | $568 | $1,276 | $20,266 |
| Other Expenses | $17,231 | $910 | $1,744 | $19,885 |
| Fees for Service Investment Mgmnt Fees | - | $19,796 | - | $19,796 |
| Total Functional Expenses | $2,724,141 | $309,799 | $247,332 | $3,281,272 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $3,281,272 |
| Total Expenses per Audited Statements | $3,281,272 |
| Total Expenses per Form 990 | $3,281,272 |
| Line Item | Amount |
|---|---|
| Fundraising Gross Income | $31,450 |
| Fundraising Direct Expenses | $8,417 |
| Professional Fundraising Fees | $0 |
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| White Cane Walk | $31,450 | $31,450 | $8,417 | $23,033 |
| Total Events | $31,450 | $31,450 | $8,417 | $23,033 |
| Liability | Amount |
|---|---|
| Deposits | $14,848 |
“The form 990 is reviewed by the finance committee and the board of directors before it is filed.”
“Board members are required to sign the conflict of interest policy on an annual basis.”
“The president & ceo's salary is set and approved by the board of directors after review of an independent salary study of all agencies serving the blind.”
“Management and the finance committee review an independent salary study of all agencies serving the blind when preparing and approving salaries for the budget each year.”
“The organization makes it's governing documents, conflict of interest policy, financial statements and form 990 available to the public upon request.”
“Lighthouse for the blind & low vision”
“Expenses 220,039 early intervention helps to develop skills for school readiness, improve self-sufficiency, and maximize physical, emotional, mental and social development. 53 children, from birth to 5 years, received training at home, preschool or a childcare center to prepare them with skills needed for kindergarten. Expenses 52,743 low vision aids and appliances provides a direct source for community members and clients to purchase adaptive aids that will help enable them to function independently. Expenses 436,283 the transition program assists blind and visually impaired youth to be ready to work, go to college or attend a technical school upon completion of high school. 39 teens received training in career exploration, technology, independent living and employment skills to prepare for college or work upon graduation from high school. Expenses 12,210 the mental health counselor program was created to support other programs by offering individual and group therapy to assist individuals in their adjustment to vision loss. The counselor, whom is visually impaired, provides assistance to individuals in moving forward in their personal journey. Transition program success story: meet joseph bosetti joseph bosetti and his family moved to polk county in 2022. His family is a military and has moved around a lot. He stated up to that point; his vision services were the best when they were living in germany. They have family here in polk county and chose to settle here. Joseph is very personable and outgoing. He completed his eagle scout for boy scouts of america. Joseph had never met another visually impaired person until he started at the lighthouse for the blind & low vision in february 2022. He has actively been participating in teen program since that time. He attends school at lakeland christian school, but since it is a private school, he is without the services of the vision program. He is active at school playing in the band. He has accessed the vision services and orientation and mobility (o&m) services provided by the teen program at lighthouse for the blind & low vision in winter haven. He has been a real joy to have as part of our program. He participated in our year-round teen program and then participated in the summer work experience at party city the summer of 2023. He was very successful. Last year he participated in a band camp and a boy scout camp, so he missed the summer work experience. Joseph continues to be active in our year-round teen program. The teen program has played an integral part of his training to prepare for independence and to have the opportunities not afforded him at the private school with his visually impaired peers. Some of the skills we focused on were assistive technology, home management- safety in the kitchen, cooking, shopping, understanding your visual impairment- laws, job readiness-applications, job skills, etc. Joseph is a senior and will graduate this spring with the class of 2025. He was recently accepted to florida polytechnic university where he will start classes in august and plans to live on campus. He was recently awarded the "make a lasting impact award" by inneract alliance and the uthmpact coalition he plans to participate in the summer work experience this summer prior to starting school in august. We are so excited for him and very proud of joseph you generous donations make it possible for us to help individuals like joseph achieve their goals. If you prefer to make your gift online, please visit www.lighthouseblv.org/donate.”
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/Desc | 0 | TRANSITION PROGRAM: PROVIDES INSTRUCTION TO BLIND OR VISUALLY IMPAIRED INDIVIDUALS IN DAILY LIVING ACTIVITIES. 184 OLDER ADULTS AND ADULTS UNDER THE AGE OF 55 RECEIVED LIVING INDEPENDENT TRAINING THAT ENABLED THEM TO REMAIN SAFE AND INDEPENDENT IN THEIR OWN HOME. ADDITIONALLY, OVER 2,900 INDIVIDUALS RECEIVED INFORMATION OR REFERRAL, ATTENDED OR PARTICIPATED IN AN EVENT, TOUR OR SPEAKING ENGAGEMENT, OR VISITED OUR ON-SITE STORE. |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | CFO |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | DIRECTOR OF |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR OF |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 15 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 16 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 17 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 18 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 19 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 20 | VICE CHAIR |
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| IRS990/MissionDesc | 0 | TO MAXIMIZE INDEPENDENCE AND PROVIDE EMPLOYMENT OPPORTUNITIES FOR PERSONS WHO ARE BLIND OR VISUALLY IMPAIRED. |
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| IRS990/OtherExpensesGrp/Desc | 0 | VEHICLE EXPENSE |
| IRS990/OtherExpensesGrp/Desc | 1 | CONTRACT LABOR |
| IRS990/OtherExpensesGrp/Desc | 2 | SUPPLIES/POSTAGE |
| IRS990/OtherExpensesGrp/Desc | 3 | DUES/SUBSCRIPTIONS/AWARDS |
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| IRS990/PrincipalOfficerNm | 0 | MATTHEW DAHL |
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| IRS990/ProgramServiceRevenueGrp/Desc | 0 | EQUIPMENT SET-UP AND REPAIR |
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| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 93129 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | SERVICE CONTRACTS: PROVIDED REHABILITATION TECHNOLOGY TO INDIVIDUALS WHO ARE SEEKING TO BECOME EMPLOYED. |
| IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt | 0 | 728237 |
| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | VOCATIONAL SERVICES: PROVIDES VOCATIONAL EVALUATIONS, JOB PLACEMENTS, AND COMPUTER TRAINING TO BLIND OR VISUALLY IMPAIRED INDIVIDUALS WHO ARE SEEKING TO BECOME EMPLOYED IN COMPETITIVE EMPLOYMENT. 133 ADULTS RECEIVED TRAINING TO PREPARE FOR COLLEGE OR EMPLOYMENT. 25 ADULTS WITH ADDITIONAL DISABILTIES RECEIVED HELP SEEKING EMPLOYMENT AND TRAINING ON THE JOB. 688 INDIVIDUALS AROUND THE STATE OF FLORIDA RECEIVED TECHNOLOGY ASSISTANCE FOR COLLEGE AND EMPLOYMENT. 203 VISUALLY IMPAIRED VETERANS RECEIVED TECHNOLOGY ASSISTANCE IN THEIR HOME TO USE THE COMPUTER OR IPAD. |
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| IRS990/ProgSrvcAccomActyOtherGrp/Desc | 0 | EXPENSES 220,039 EARLY INTERVENTION HELPS TO DEVELOP SKILLS FOR SCHOOL READINESS, IMPROVE SELF-SUFFICIENCY, AND MAXIMIZE PHYSICAL, EMOTIONAL, MENTAL AND SOCIAL DEVELOPMENT. 53 CHILDREN, FROM BIRTH TO 5 YEARS, RECEIVED TRAINING AT HOME, PRESCHOOL OR A CHILDCARE CENTER TO PREPARE THEM WITH SKILLS NEEDED FOR KINDERGARTEN. EXPENSES 52,743 LOW VISION AIDS AND APPLIANCES PROVIDES A DIRECT SOURCE FOR COMMUNITY MEMBERS AND CLIENTS TO PURCHASE ADAPTIVE AIDS THAT WILL HELP ENABLE THEM TO FUNCTION INDEPENDENTLY. EXPENSES 436,283 THE TRANSITION PROGRAM ASSISTS BLIND AND VISUALLY IMPAIRED YOUTH TO BE READY TO WORK, GO TO COLLEGE OR ATTEND A TECHNICAL SCHOOL UPON COMPLETION OF HIGH SCHOOL. 39 TEENS RECEIVED TRAINING IN CAREER EXPLORATION, TECHNOLOGY, INDEPENDENT LIVING AND EMPLOYMENT SKILLS TO PREPARE FOR COLLEGE OR WORK UPON GRADUATION FROM HIGH SCHOOL. EXPENSES 12,210 THE MENTAL HEALTH COUNSELOR PROGRAM WAS CREATED TO SUPPORT OTHER PROGRAMS BY OFFERING INDIVIDUAL AND GROUP THERAPY TO ASSIST INDIVIDUALS IN THEIR ADJUSTMENT TO VISION LOSS. THE COUNSELOR, WHOM IS VISUALLY IMPAIRED, PROVIDES ASSISTANCE TO INDIVIDUALS IN MOVING FORWARD IN THEIR PERSONAL JOURNEY. TRANSITION PROGRAM SUCCESS STORY: MEET JOSEPH BOSETTI JOSEPH BOSETTI AND HIS FAMILY MOVED TO POLK COUNTY IN 2022. HIS FAMILY IS A MILITARY AND HAS MOVED AROUND A LOT. HE STATED UP TO THAT POINT; HIS VISION SERVICES WERE THE BEST WHEN THEY WERE LIVING IN GERMANY. THEY HAVE FAMILY HERE IN POLK COUNTY AND CHOSE TO SETTLE HERE. JOSEPH IS VERY PERSONABLE AND OUTGOING. HE COMPLETED HIS EAGLE SCOUT FOR BOY SCOUTS OF AMERICA. JOSEPH HAD NEVER MET ANOTHER VISUALLY IMPAIRED PERSON UNTIL HE STARTED AT THE LIGHTHOUSE FOR THE BLIND & LOW VISION IN FEBRUARY 2022. HE HAS ACTIVELY BEEN PARTICIPATING IN TEEN PROGRAM SINCE THAT TIME. HE ATTENDS SCHOOL AT LAKELAND CHRISTIAN SCHOOL, BUT SINCE IT IS A PRIVATE SCHOOL, HE IS WITHOUT THE SERVICES OF THE VISION PROGRAM. HE IS ACTIVE AT SCHOOL PLAYING IN THE BAND. HE HAS ACCESSED THE VISION SERVICES AND ORIENTATION AND MOBILITY (O&M) SERVICES PROVIDED BY THE TEEN PROGRAM AT LIGHTHOUSE FOR THE BLIND & LOW VISION IN WINTER HAVEN. HE HAS BEEN A REAL JOY TO HAVE AS PART OF OUR PROGRAM. HE PARTICIPATED IN OUR YEAR-ROUND TEEN PROGRAM AND THEN PARTICIPATED IN THE SUMMER WORK EXPERIENCE AT PARTY CITY THE SUMMER OF 2023. HE WAS VERY SUCCESSFUL. LAST YEAR HE PARTICIPATED IN A BAND CAMP AND A BOY SCOUT CAMP, SO HE MISSED THE SUMMER WORK EXPERIENCE. JOSEPH CONTINUES TO BE ACTIVE IN OUR YEAR-ROUND TEEN PROGRAM. THE TEEN PROGRAM HAS PLAYED AN INTEGRAL PART OF HIS TRAINING TO PREPARE FOR INDEPENDENCE AND TO HAVE THE OPPORTUNITIES NOT AFFORDED HIM AT THE PRIVATE SCHOOL WITH HIS VISUALLY IMPAIRED PEERS. SOME OF THE SKILLS WE FOCUSED ON WERE ASSISTIVE TECHNOLOGY, HOME MANAGEMENT- SAFETY IN THE KITCHEN, COOKING, SHOPPING, UNDERSTANDING YOUR VISUAL IMPAIRMENT- LAWS, JOB READINESS-APPLICATIONS, JOB SKILLS, ETC. JOSEPH IS A SENIOR AND WILL GRADUATE THIS SPRING WITH THE CLASS OF 2025. HE WAS RECENTLY ACCEPTED TO FLORIDA POLYTECHNIC UNIVERSITY WHERE HE WILL START CLASSES IN AUGUST AND PLANS TO LIVE ON CAMPUS. HE WAS RECENTLY AWARDED THE "MAKE A LASTING IMPACT AWARD" BY INNERACT ALLIANCE AND THE UTHMPACT COALITION HE PLANS TO PARTICIPATE IN THE SUMMER WORK EXPERIENCE THIS SUMMER PRIOR TO STARTING SCHOOL IN AUGUST. WE ARE SO EXCITED FOR HIM AND VERY PROUD OF JOSEPH YOU GENEROUS DONATIONS MAKE IT POSSIBLE FOR US TO HELP INDIVIDUALS LIKE JOSEPH ACHIEVE THEIR GOALS. IF YOU PREFER TO MAKE YOUR GIFT ONLINE, PLEASE VISIT WWW.LIGHTHOUSEBLV.ORG/DONATE. |
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