Louisiana Association for the Blind Inc
Nonprofit profile at a glance
- EIN
- 720408981
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Location
- Shreveport, LA, USA
- Phone
- 3186356471
- Rating
- 66
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $1,506,006
- Expenses
- $2,514,465
- Assets
- $33,503,798
- Liabilities
- $1,378,254
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
15 people listed
Executive titles in this filing
- BRIAN PATCHETT (PRESIDENT & CEO)
- WILLIAM REDCLIFF (VICE PRESIDENT OF OPERATIO)
- AUDRA MUSLOW (VICE PRESIDENT OF COMMUNITY SERVICES)
- YOLANDA LARS (VICE PRESIDENT OF HUMAN RE)
- AVERY C ENDERS (VICE PRESIDENT OF INFORMATION TECHNOLOGY)
Highest reported compensation
- BRIAN PATCHETT (PRESIDENT & CEO): $317,626 total reported compensation
- SHUN WASHINGTON (CFO): $189,675 total reported compensation
- WILLIAM REDCLIFF (VICE PRESIDENT OF OPERATIO): $170,293 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Louisiana association for the blind's core mission is to provide stable employment, vocational training, and rehabilitative services, along with employment to individuals who are blind and visually impaired in Louisiana.
What it reported doing in 2024
Selling program - shopping with Louisiana association for the blind serves the community by providing gainful employment for people who are visually impaired, for whom the national unemployment rate is 70 percent. Your support also generates funds to provide a wide range of services and training to those seeking a more independent life.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of total spending goes to programs and few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence.
Rating breakdown
- Financial Efficiency: 65
- Transparency & Controls: 65
- Accountability: 77
- Sustainability: 35
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 28%; rating input score 28
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 4 of 9 controls in place; rating input score 44
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -67%; rating input score 2; 2nd percentile among comparable filings
- Total-asset coverage ratio: 13.32; rating input score 94; 94th percentile among comparable filings
- Liabilities to assets ratio: 0.04; rating input score 54; 54th percentile among comparable filings
- Officer compensation ratio: 49.6%; rating input score 2; 2nd percentile among comparable filings
Growth
- Program expense growth: 9.5% per year; rating input score 100; 61st percentile among comparable filings
- Revenue growth: -0.1% per year; rating input score 0; 14th percentile among comparable filings
- Asset growth: 2.7% per year; rating input score 100; 28th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 28% of spending went to programs
- Governance: 8 of 8 board members independent · 4 of 9 filing controls reported
- Programs: 2 filed program accomplishments · $704K in reported program spending
- Leadership: top reported pay $318K · 15 people listed · 0 of 6 pay-setting controls reported
- Consistency: 30 of 30 current checks pass
- Schedules: 7 filed schedules · includes major donors and executive pay
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 7 filed money-flow records
- Related organizations: 1 filed related-organization link
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Program expense ratio scored 28/100.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- Moderate — Accountability: Governance controls: 4 of 8 not reported.
- High — Sustainability: Operating margin scored 2/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 2/100.
- Review — Sustainability: Liabilities to assets ratio scored 54/100.