Tampa Lighthouse for the Blind Inc
Nonprofit profile at a glance
- EIN
- 590637876
- IRS 990 coverage
- 2014–2025
- Forms available
- Form 990 2025
- Location
- Tampa, FL, USA
- Phone
- 8132512407
- Rating
- 87
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $3,598,207
- Expenses
- $3,656,206
- Assets
- $7,169,799
- Liabilities
- $958,222
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
17 people listed
Executive titles in this filing
- SHERYL K BROWN (CEO & PRESID)
Highest reported compensation
- SHERYL K BROWN (CEO & PRESID): $123,897 total reported compensation
- ERIC SCHULTHEIS (CFO): $104,210 total reported compensation
- VERONICA G WHITE (DIRECTOR OF): $104,210 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To maximize independence and provide employment opportunities for persons who are blind or visually impaired.
What it reported doing in 2025
Expenses 332,273 early intervention helps to develop skills for school readiness, improve self-sufficiency, and maximize physical, emotional, mental and social development. 43 children, from birth to 5 years, received training at home, preschool or a childcare center to prepare them with skills needed for kindergarten. 15 children, from 5 to 13, in the childrens program. Expenses 52,656 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 664,376 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. 48 teens received training in career exploration, technology, independent living and employment skills to prepare for college or work upon graduation from high school. Expenses 10,817 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: when chris lost his sight he was extremely afraid. However, with the help of the lighthouse he is now able to utilize a white cane to go anywhere he wants in the community. He especially likes going to the gym whenever he wants. He said that he has gone from "fear to excitement." this statement represents how so many people feel when they lose their sight and have gone through our independent living programs. The lighthouse alleviated the fear and creates pathways to independence with new skills and enhances confidence. One time he was going through an intersection, and we asked him, "do you feel safe?" he responded, "i feel safer now than i did before." he utilitzes his white cane and has learned to use all his senses to take back command of his world. He also now has a service dog that assists him in helping him navigate his community.
Operating model
- Revenue model
- Grant-funded. 61% of the money available for current operations came from government grants.
- 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 82
- Transparency & Controls: 92
- Accountability: 100
- Sustainability: 35
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 87%; rating input score 87
- Program expense ratio: 84.7%; rating input score 85
- Fundraising efficiency: $12.97 raised per $1 spent on fundraising; rating input score 45; 45th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- 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: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -1.6%; rating input score 21; 21st percentile among comparable filings
- Total-asset coverage ratio: 1.96; rating input score 57; 57th percentile among comparable filings
- Liabilities to assets ratio: 0.13; rating input score 43; 43rd percentile among comparable filings
- Officer compensation ratio: 11.9%; rating input score 28; 28th percentile among comparable filings
Growth
- Program expense growth: 0.8% per year; rating input score 100; 15th percentile among comparable filings
- Revenue growth: 0.1% per year; rating input score 100; 8th percentile among comparable filings
- Asset growth: 0.8% per year; rating input score 100; 13th percentile among comparable filings
Details
- Where the money goes: 87% of revenue deployed · 84.7% of spending went to programs
- Governance: 14 of 14 board members independent · 9 of 9 filing controls reported
- Programs: 4 filed program accomplishments · $3.1M in reported program spending
- Leadership: top reported pay $124K · 17 people listed
- Consistency: 29 of 29 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Filing history: 12 filing years from 2014 to 2025
- Contacts: How to reach this organization
- Money network: 4 filed money-flow records
- 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.
- Moderate — Financial Efficiency: Fundraising efficiency scored 45/100.
- High — Sustainability: Operating margin scored 21/100.
- Review — Sustainability: Total-asset coverage ratio scored 57/100.
- High — Sustainability: Officer compensation ratio scored 28/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 43/100.