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← WORLD SERVICES FOR THE BLIND FOUNDATION

Form 990 for tax year 2022

Filed by WORLD SERVICES FOR THE BLIND FOUNDATION.

Totals

Total revenue
$629,105
Total expenses
$286,315
Contributions and grants received
$438,046
Grants paid
$79,214
Program service revenue
$0
Investment income
$144,432
Other revenue
$46,627
Total assets, end of year
$9,642,320
Total liabilities, end of year
$4,103,556
Net assets or fund balances, end of year
$5,538,764
Program services expenses (Part IX)
$221,127
Management and general expenses
$65,188
Fundraising expenses
$0
Program service expenses (Part III)
$221,127

Program services were 77.2% 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

    $119,650

  • 1e · Government grants (contributions)

    $100,000

  • 1f · All other contributions, gifts and grants

    $218,396

  • 3 · Investment income

    total $144,432 · excluded $144,432

  • 8a · Fundraising events: gross income

    $71,350

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

    $119,650

  • 8b · Fundraising events: direct expenses

    $24,723

  • 8c · Net income from fundraising events

    total $46,627 · excluded $46,627

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $79,214 · program services $79,214

  • 11c · Fees: accounting

    total $1,500 · management and general $1,500

  • 11g · Fees: other

    total $141,913 · program services $141,913

  • 13 · Office expenses

    total $33,277 · management and general $33,277

  • 20 · Interest

    total $29,412 · management and general $29,412

  • 24a · Other expenses: OTHER EXPENSES

    total $999 · management and general $999

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $267,112 · end of year $559,587

  • 2 · Savings and temporary cash investments

    beginning of year $2,512 · end of year $282,563

  • 3 · Pledges and grants receivable

    beginning of year $1,119,452 · end of year $1,067,400

  • 7 · Other notes and loans receivable

    beginning of year $5,833,994 · end of year $5,833,994

  • 9 · Prepaid expenses and deferred charges

    beginning of year $8,500 · end of year $6,500

  • 11 · Investments: publicly traded securities

    beginning of year $1,441,149 · end of year $1,892,276

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,733 · end of year $1,757

  • 23 · Secured mortgages and notes payable

    beginning of year $2,530,577 · end of year $1,634,350

  • 25 · Other liabilities

    beginning of year $1,021,562 · end of year $2,467,449

  • 27 · Net assets without donor restrictions

    beginning of year $0 · end of year $0

  • 28 · Net assets with donor restrictions

    beginning of year $5,118,847 · end of year $5,538,764

Mission and programs · 2022

Mission

TO SUPPORT WORLD SERVICES FOR THE BLIND, AN IRS SECTION 501(C)(3) PUBLIC CHARITY.

Activities or mission (Part I)

TO SUPPORT WORLD SERVICES FOR THE BLIND, AN IRC SECTION 501(C)(3) PUBLIC CHARITY.

  • SUPPORT OF WORLD SERVICES FOR THE BLIND.

    Expenses $221,127 · Grants $79,214

As filed on the 2022 return.

Listed in Part VII

  • Sharon Giovinazzo

    WORLD SVCS. PRESIDENT

    Total calculated
    $86,934
    From this org
    $0
    From related orgs
    $83,590
    Other
    $3,344
    Hours/week
    5 + 35 related
  • Eric Yarberry

    CEO

    Total calculated
    $67,084
    From this org
    $0
    From related orgs
    $59,587
    Other
    $7,497
    Hours/week
    5 + 35 related
  • Amanda Beaudoin

    CFO

    Total calculated
    $105,406
    From this org
    $0
    From related orgs
    $85,833
    Other
    $19,573
    Hours/week
    5 + 35 related
  • John Martin

    CHAIR

    Total calculated
    $0
    Hours/week
    0.5
  • David Degraff

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Vernard Hensley

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Peter G Kumpe

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Benjamin Moore

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Noel Strauss

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Nikki Miller Arledge

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Kenneth Reed

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • James Coleman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Dick Ferrell

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Chaddie Platt

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Karl Freeman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

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

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
29 April 2024
IRS schema version
2022v5.0
Source object
202441209349301409

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