Skip to content
Nonprofiteer
← LIGHTHOUSE FOR THE BLIND OF PALMS BEACHES INC

Form 990 for tax year 2024

Filed by LIGHTHOUSE FOR THE BLIND OF PALMS BEACHES INC.

Totals

Total revenue
$1,705,454
Total expenses
$1,634,376
Contributions and grants received
$1,368,012
Grants paid
$28,250
Program service revenue
$216,469
Investment income
$94,390
Other revenue
$26,583
Total assets, end of year
$5,330,687
Total liabilities, end of year
$195,128
Net assets or fund balances, end of year
$5,135,559
Program services expenses (Part IX)
$1,409,162
Management and general expenses
$161,574
Fundraising expenses
$63,640
Program service expenses (Part III)
$1,409,162

Program services were 86.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $23,500

  • 1e · Government grants (contributions)

    $872,917

  • 1f · All other contributions, gifts and grants

    $471,595

  • 1g · Noncash contributions included above

    $8,049

  • 2a · Program service revenue: Client Service Revenue

    total $216,469 · related or exempt $216,469

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $83,280 · excluded $83,280

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7a · Gross sales of assets other than inventory

    other assets $11,456

  • 7b · Less cost or other basis and sales expenses

    other assets $346

  • 7c · Gain or loss

    securities $0 · other assets $11,110

  • 7d · Net gain or loss

    total $11,110 · excluded $11,110

  • 8a · Fundraising events: gross income

    $34,061

  • 8a · Fundraising events: contributions included on line 1c

    $23,500

  • 8b · Fundraising events: direct expenses

    $30,262

  • 8c · Net income from fundraising events

    total $3,799 · excluded $3,799

  • 11a · Other revenue: Other Revenue

    total $22,784 · related or exempt $22,784

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $22,784

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $28,250 · program services $28,250

  • 5 · Compensation of officers, directors and key employees

    total $131,602 · program services $78,961 · management and general $46,061 · fundraising $6,580

  • 7 · Other salaries and wages

    total $817,834 · program services $757,775 · management and general $30,339 · fundraising $29,720

  • 8 · Pension plan contributions

    total $18,167 · program services $16,000 · management and general $1,469 · fundraising $698

  • 9 · Other employee benefits

    total $76,308 · program services $67,205 · management and general $6,171 · fundraising $2,932

  • 10 · Payroll taxes

    total $72,422 · program services $55,177 · management and general $11,690 · fundraising $5,555

  • 11c · Fees: accounting

    total $35,420 · program services $22,748 · management and general $10,777 · fundraising $1,895

  • 11f · Fees: investment management

    total $8,810 · management and general $8,810

  • 11g · Fees: other

    total $76,612 · program services $49,202 · management and general $23,311 · fundraising $4,099

  • 13 · Office expenses

    total $13,977 · program services $1,552 · management and general $5,621 · fundraising $6,804

  • 14 · Information technology

    total $18,675 · program services $18,675

  • 16 · Occupancy

    total $168,047 · program services $151,106 · management and general $11,757 · fundraising $5,184

  • 17 · Travel

    total $41,882 · program services $41,882

  • 19 · Conferences, conventions and meetings

    total $58,493 · program services $58,493

  • 22 · Depreciation, depletion and amortization

    total $19,076 · program services $18,730 · management and general $173 · fundraising $173

  • 23 · Insurance

    total $34,528 · program services $29,133 · management and general $5,395

  • 24a · Other expenses: Miscellaneous

    total $8,492 · program services $8,492

  • 24b · Other expenses: Supplies

    total $5,781 · program services $5,781

  • 24e · All other expenses

    total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $775 · end of year $323,182

  • 2 · Savings and temporary cash investments

    beginning of year $2,115,611 · end of year $2,410,705

  • 4 · Accounts receivable

    beginning of year $138,874 · end of year $48,064

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $22,850 · end of year $18,775

  • 10a · Land, buildings and equipment: cost or other basis

    $166,785

  • 10b · Land, buildings and equipment: accumulated depreciation

    $106,293

  • 10c · Land, buildings and equipment, net

    beginning of year $36,409 · end of year $60,492

  • 11 · Investments: publicly traded securities

    beginning of year $1,967,749 · end of year $2,106,414

  • 12 · Investments: other securities

    beginning of year $0

  • 13 · Investments: program-related

    beginning of year $0

  • 15 · Other assets

    beginning of year $694,716 · end of year $363,055

  • 17 · Accounts payable and accrued expenses

    beginning of year $76,264 · end of year $84,864

  • 19 · Deferred revenue

    beginning of year $0 · end of year $54,376

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $113,550 · end of year $55,888

  • 27 · Net assets without donor restrictions

    beginning of year $4,213,519 · end of year $4,785,690

  • 28 · Net assets with donor restrictions

    beginning of year $573,651 · end of year $349,869

Mission and programs · 2024

Mission

LIGHTHOUSE FOR THE BLIND OF THE PALM BEACHES, INC'S MISSION IS TO ASSIST PERSONS WITH VISUAL IMPAIRMENTS TO DEVELOP THEIR CAPABILITIES TO THE FULLEST AND TO UTILIZE THEM IN THE PURSUITS OF LIFE WHICH ARE THE RIGHT AND PRIVILEGE OF ALL.

  • Lighthouse for the Blind of the Palm Beaches, Inc. empowers individuals with visual impairments to achieve independence and live full, meaningful lives. Serving all ages across five counties, Lighthouse offers specialized youth services that support academic, social, and life skills development. Adult programs focus on daily living, orientation and mobility, and assistive technology to promote independence. To address emotional well-being, mental health support includes adjustment counseling and peer support groups. Additional services include case management, outreach, and access to adaptive devices. Lighthouse is committed to helping people with vision loss thrive in their communities and realize their full potential.

    Expenses $1,409,162 · Grants $28,250 · Revenue $239,253

As filed on the 2024 return.

Listed in Part VII

  • CARMENCITA MITCHELL

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • DONTE MICKENS

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • ROBERT H GREGORY III

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    1

  • SONDRA HOFFMAN

    BOARD MEMBER AT LARGE

    Total calculated
    $0
    Hours/week
    0

  • TEKESHA SAFFOLD

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • ALLEN PRESTON

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Anita Patel

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • DR STEVEN EDENS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • KIM CLAWSON

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • MARTIN S ZIPERN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • MARYAM MOHAJER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • RANDI RADIN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • ROSHAN MASSOUMI

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • LISA STELLA

    EXECUTIVE DIRECTOR

    Total calculated
    $97,223
    From this org
    $84,113
    From related orgs
    $0
    Other
    $13,110
    Hours/week
    40

  • TERRI SHERMETT

    Executive Director (End 03/24)

    Total calculated
    $34,379
    From this org
    $31,571
    From related orgs
    $0
    Other
    $2,808
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
27 June 2025
IRS schema version
2024v5.1
Source object
202511789349301026

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.