Form 990 for tax year 2022
Filed by LOUISIANA ASSN FOR THE BLIND INC.
Totals
- Total revenue
- $6,803,136
- Total expenses
- $5,327,581
- Contributions and grants received
- $545,967
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $398,079
- Other revenue
- $5,859,090
- Total assets, end of year
- $32,891,583
- Total liabilities, end of year
- $1,902,807
- Net assets or fund balances, end of year
- $30,988,776
- Program services expenses (Part IX)
- $1,218,091
- Management and general expenses
- $4,109,490
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,218,091
Program services were 22.9% 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.
-
1e · Government grants (contributions)
$519,318
-
1f · All other contributions, gifts and grants
$26,649
-
3 · Investment income
total $287,761 · excluded $287,761
-
7a · Gross sales of assets other than inventory
securities $5,807,268 · other assets $30,000
-
7b · Less cost or other basis and sales expenses
securities $5,726,950 · other assets $0
-
7c · Gain or loss
securities $80,318 · other assets $30,000
-
7d · Net gain or loss
total $110,318 · excluded $110,318
-
10a · Gross sales of inventory
$31,128,663
-
10b · Cost of goods sold
$25,312,821
-
10c · Net income from sales of inventory
total $5,815,842 · related or exempt $5,815,842
-
11a · Other revenue: MISCELLANEOUS
total $43,248 · related or exempt $43,248
-
11e · Other revenue, total
$43,248
Functional expenses
Part IX, the statement of functional expenses.
-
6 · Compensation of disqualified persons
total $328,311 · management and general $328,311
-
7 · Other salaries and wages
total $1,354,295 · management and general $1,354,295
-
8 · Pension plan contributions
total $58,202 · management and general $58,202
-
9 · Other employee benefits
total $607,922 · management and general $607,922
-
10 · Payroll taxes
total $136,376 · management and general $136,376
-
11b · Fees: legal
total $8,625 · management and general $8,625
-
11c · Fees: accounting
total $38,511 · management and general $38,511
-
11f · Fees: investment management
total $50,452 · management and general $50,452
-
12 · Advertising and promotion
total $104,512 · management and general $104,512
-
13 · Office expenses
total $43,741 · management and general $43,741
-
16 · Occupancy
total $37,910 · management and general $37,910
-
17 · Travel
total $141,300 · management and general $141,300
-
19 · Conferences, conventions and meetings
total $717 · management and general $717
-
22 · Depreciation, depletion and amortization
total $166,285 · management and general $166,285
-
23 · Insurance
total $334,068 · management and general $334,068
-
24a · Other expenses: COMMISSIONS AND SELLING
total $992,781 · program services $992,781
-
24b · Other expenses: LOW VISION SUPPORTIVE S
total $225,310 · program services $225,310
-
24c · Other expenses: DUES AND SUBSCRIPTIONS
total $198,342 · management and general $198,342
-
24d · Other expenses: TELEPHONE
total $124,141 · management and general $124,141
-
24e · All other expenses
total $375,780 · management and general $375,780
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $4,868,821 · end of year $4,954,496
-
2 · Savings and temporary cash investments
end of year $6,232,235
-
4 · Accounts receivable
beginning of year $3,939,492 · end of year $4,422,039
-
8 · Inventories for sale or use
beginning of year $4,467,991 · end of year $4,833,829
-
9 · Prepaid expenses and deferred charges
beginning of year $93,315 · end of year $107,788
-
10a · Land, buildings and equipment: cost or other basis
$15,053,699
-
10b · Land, buildings and equipment: accumulated depreciation
$8,503,768
-
10c · Land, buildings and equipment, net
beginning of year $6,610,809 · end of year $6,549,931
-
11 · Investments: publicly traded securities
beginning of year $10,967,476 · end of year $5,633,677
-
15 · Other assets
beginning of year $0 · end of year $157,588
-
17 · Accounts payable and accrued expenses
beginning of year $1,318,106 · end of year $1,192,205
-
19 · Deferred revenue
beginning of year $733,105 · end of year $566,962
-
25 · Other liabilities
beginning of year $0 · end of year $143,640
-
27 · Net assets without donor restrictions
beginning of year $28,884,680 · end of year $30,981,953
-
28 · Net assets with donor restrictions
beginning of year $12,013 · end of year $6,823
Mission and programs · 2022
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.
Activities or mission (Part I)
EVALUATE, TRAIN, AND PROVIDE EMPLOYMENT OPPORTUNITIES FOR THE BLIND.
-
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.
Expenses $992,781
-
LOW VISION PROGRAM - OUR COMMUNITY SERVICES DIVISION OFFERS LIFE-CHANGING SERVICES, PROGRAMS AND TRAINING TO COMMUNITY MEMBERS WITH VISUAL IMPAIRMENTS. THESE PROGRAMS AND SERVICES INCLUDE: ASSISTIVE TECHNOLOGY (AT), WORKFORCE DEVELOPMENT, CHILDREN'S AND EARLY INTERVENTION PROGRAMS, INDEPENDENT LIVING SKILLS (ILS), AND MORE.
Expenses $225,310
As filed on the 2022 return.
Listed in Part VII
-
Geri VenableGERI VENABLE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Taylor JamisonTAYLOR JAMISON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
William SmithWILLIAM SMITH
CHAIR
- Total calculated
- $0
- Hours/week
- 0.5
-
Josh TrahanJOSH TRAHAN
1ST VICE CHAIR, SECRETARY
- Total calculated
- $0
- Hours/week
- 0.5
-
Suzanne EllisSUZANNE ELLIS
2ND VICE CHAIR, TREASURER
- Total calculated
- $0
- Hours/week
- 0.5
-
Dr Chris KevilDR CHRIS KEVIL
IMMEDIATE PAST CHAIR
- Total calculated
- $0
- Hours/week
- 0.5
-
Brian PatchettBRIAN PATCHETT
PRESIDENT & CEO
- Total calculated
- $102,626
- From this org
- $88,772
- From related orgs
- $0
- Other
- $13,854
- Hours/week
- 55
-
Alberto BacaALBERTO BACA
EXECUTIVE VICE PRESIDENT
- Total calculated
- $139,371
- From this org
- $130,397
- From related orgs
- $0
- Other
- $8,974
- Hours/week
- 55
-
Audra MuslowAUDRA MUSLOW
VICE PRESIDENT/INTERIM CEO
- Total calculated
- $118,646
- From this org
- $108,322
- From related orgs
- $0
- Other
- $10,324
- Hours/week
- 55
-
Heather McKenzieHEATHER MCKENZIE
DIRECTOR, PROCUREMENT AND PRICING
- Total calculated
- $119,748
- From this org
- $110,774
- From related orgs
- $0
- Other
- $8,974
- Hours/week
- 40
-
Shun WashingtonSHUN WASHINGTON
DIRECTOR, FINANCE AND ADMINISTRATION
- Total calculated
- $115,094
- From this org
- $106,120
- From related orgs
- $0
- Other
- $8,974
- 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.
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.
-
SHREVEPORT ASSOCIATION FOR THE BLIND CHARITABLE TRUST FUND
501(C)(3) · CHARITABLE TRUST TO BENEFIT THE BLIND · LA
Directly controlled by LOUISIANA ASSOCIATION FOR THE BLIND
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 29 October 2024
- IRS schema version
- 2022v5.0
- Source object
- 202443209349318124
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