Blind Services Foundation of Florida Inc
Nonprofit profile at a glance
- EIN
- 550888147
- IRS 990-EZ coverage
- 2010–2024
- Forms available
- Form 990 2009, Form 990-EZ 2024
- Location
- Tallahassee, FL, USA
- Phone
- 8502450392
- Rating
- 88
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Public Foundations
Reported finances
- Revenue
- $86,355
- Expenses
- $96,627
- Assets
- $91,437
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
People named in this filing
- Paul Edwards (Chairman)
- Sheryl Brown (Secretary)
- Javier Diaz (Treasurer)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Blind Services Foundation of Florida is a direct-support organization to the Division of Blind Services of the Florida Department of Education under Chapter 617, Florida statute, which is organized to raise funds, request and receive grants for the benefit of blind persons in the state of Florida.
What it reported doing in 2024
Quality services and programs to the blind which will enable them to gain or substain independence. Endowment investment fund to fund future program expenses from income generated from the fund.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and assets have declined or grown slowly.
Rating breakdown
- Financial Efficiency: 99
- Transparency & Controls: 82
- Sustainability: 33
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 97.5%; rating input score 97
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -11.9%; rating input score 29; 29th percentile among comparable filings
- Total-asset coverage ratio: 0.95; rating input score 45; 45th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 6.8% per year; rating input score 100; 66th percentile among comparable filings
- Revenue growth: 3% per year; rating input score 100; 64th percentile among comparable filings
- Asset growth: -12.2% per year; rating input score 0; 15th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 97.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $94K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 13 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 29/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 45/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.