Transcribing Mariners FY2020 filing

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Transcribing textbooks and literature to braille for various United States schools at all levels for blind students.

Form 990 Part I, line 1, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 23-7056816) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
97¢ of each $1 spent went to programs.
$150K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $74K a year · 7% of revenue · last 6 filings
A surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
97%
of spending
97% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$150K
to officers and key staff · 19% of spending
Pay to officers and key staff is 19% of spending.
Part VII, Section A
8.5 mo
of spending, in cash
Plus $1.0M in investments, Pt X · Ln 11–13
8.5 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$13K
0.8% of total assets
Liabilities are 0.8% of assets.
Pt X · Ln 26
Independent board members
4
of 3 voting members
4 of 3 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$912K
Spent
$782K
To programs
97%
Net assets
$1.6M
By yearFY2020–FY2025
Revenue
$912K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$912K
FY2021$867K
FY2022$977K
FY2023$1.1M
FY2024$1.0M
FY2025$1.2M
Expenses
$782K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$782K
FY2021$769K
FY2022$1.0M
FY2023$916K
FY2024$1.0M
FY2025$1.1M
Net assets
$1.6M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$1.6M
FY2021$1.7M
FY2022$1.6M
FY2023$1.8M
FY2024$1.8M
FY2025$1.9M

From the FY2020 Form 990 (year ending June 2020) · figures checked against the IRS filing · see the original

You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 1970.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

97 cents of each dollar spent went to programs.

Program services 97% · $756K Management & general 3% · $26K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

4 people listed on the 990; $150K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
President
$150,000Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Peggy Schuetz$195,000$180,000$165,000$127,500$150,000$150,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Transcribing Mariners executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Converts textbooks and literature into Braille for blind students in U.S. schools.

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1 program · $756K · in their own filed words · FY2019
01

Provided braille literature to various organizations within the United States. Also Transcribing new literature ongoing to provide a wider source of books for the blind.

Form 990 Part III, line 4, FY2019. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 23-7056816) · Dispute this line
$756Kprogram expense

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$912K
Ln 12
Fees for servicesLn 2g$885K
Investment incomeLn 3$28K
Money outPt IX
$782K
Ln 25
Programscol B$756K
Managementcol C$26K
Owns and owesPt X
$1.6M
net assets · Ln 32
Cash and savingsLn 1–2$554K
Total assetsLn 16$1.6M
LiabilitiesLn 26$13K
PeoplePt VI, VII
4
listed · VII A
PaidVII A1
Voting boardVI 1a3
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$885K
Investment incomeLn 3$28K
Total revenueLn 12$912K
Assets in detailPt X, end of year
CashLn 1$466K
SavingsLn 2$88K
Cash and savings togetherLn 1–2$554K
Land, buildings, equipmentLn 10c$27K
InvestmentsLn 11–13$1.0M
Total assetsLn 16$1.6M
LiabilitiesLn 26$13K
Net assetsLn 32$1.6M
OperationsPt I, VI
EmployeesI 53
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$507K$554K
InvestmentsLn 11–13$923K$1.0M
Land, buildings, equipmentLn 10c$45K$27K
Total assetsLn 16$1.5M$1.6M
LiabilitiesLn 26$23K$13K
Net assetsLn 32$1.5M$1.6M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of officers and key staff (Part IX, line 5)Ln 5$150K$150K
Other salaries and wagesLn 7$77K$69K$8K
Payroll taxesLn 10$17K$15K$2K
Accounting feesLn 11c$18K$16K$2K
Other fees for servicesLn 11g$409K$409K
Office expensesLn 13$5K$4K$457
Information technologyLn 14$3K$2K$276
OccupancyLn 16$58K$53K$6K
TravelLn 17$1K$1K$141
Conferences, conventions and meetingsLn 19$443$399$44
Depreciation, depletion and amortizationLn 22$19K$18K$318
InsuranceLn 23$7K$7K
Other expenses (24a–d)Ln 24$15K$15K$595
All other expensesLn 24e$3K$2K$257
Total functional expensesLn 25$782K$756K$26K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Feb 5, 2026 $1.2M$1.1M$121K$1.9M 990 PDF
FY2024Filed with the IRS Nov 15, 2024 $1.0M$1.0M−$31K$1.8M 990 PDF
FY2023Filed with the IRS Mar 4, 2024 $1.1M$916K$193K$1.8M 990 PDF
FY2022Filed with the IRS Aug 24, 2023 $977K$1.0M−$65K$1.6M 990 PDF
FY2021Filed with the IRS Mar 4, 2022 $867K$769K$98K$1.7M 990 PDF
FY2020 ViewingFiled with the IRS Sep 15, 2021 $912K$782K$130K$1.6M 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2020 990
Part I · Summary $912,264 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenuePrior year $869,773$884,681
I-10 Investment incomePrior year $50,870$27,583
I-11 Other revenue$0
I-12 Total revenuePrior year $920,643$912,264
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $220,986$243,454
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $672,978$538,601
I-18 Total expensesPrior year $893,964$782,055
I-19 Revenue less expensesPrior year $26,679$130,209
Part VI · Governance 4 of 3 board members independent, 4 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members4
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $912,264 across 3 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $884,681$884,681
VIII-3 Investment incomeRelated to mission $27,583$27,583
VIII-12 Total revenueRelated to mission $912,264$912,264
Part IX · Statement of functional expenses $782,055 across 14 lines filed
IX-5 Pay of officers and key staff (Part IX, line 5)Programs $150,000$150,000
IX-7 Other salaries and wagesPrograms $69,024 · Management $7,669$76,693
IX-10 Payroll taxesPrograms $15,085 · Management $1,676$16,761
IX-11c Accounting feesPrograms $16,200 · Management $1,800$18,000
IX-11g Other fees for servicesPrograms $409,266$409,266
IX-13 Office expensesPrograms $4,104 · Management $457$4,561
IX-14 Information technologyPrograms $2,485 · Management $276$2,761
IX-16 OccupancyPrograms $52,560 · Management $5,840$58,400
IX-17 TravelPrograms $1,267 · Management $141$1,408
IX-19 Conferences, conventions and meetingsPrograms $399 · Management $44$443
IX-22 Depreciation, depletion and amortizationPrograms $18,226 · Management $318$18,544
IX-23 InsuranceManagement $7,383$7,383
IX-24 Other expenses (24a–d)Programs $14,679 · Management $595$15,274
IX-24e All other expensesPrograms $2,304 · Management $257$2,561
IX-25 Total functional expensesPrograms $755,599 · Management $26,456 · Fundraising $0$782,055
Part X · Balance sheet $1,598,550 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $322,883$466,273
X-2 Savings and temporary cash investmentsStart of year $184,074$87,772
X-10c Land, buildings and equipment, netStart of year $45,296$26,752
X-11 Publicly traded securitiesStart of year $923,099$1,017,753
X-16 Total assetsStart of year $1,478,465$1,598,550
X-17 Accounts payable and accrued expensesStart of year $22,932$12,808
X-26 Total liabilitiesStart of year $22,932$12,808
X-31 Retained earnings or endowmentStart of year $1,455,533$1,585,742
X-32 Total net assets or fund balancesStart of year $1,455,533$1,585,742
X-33 Total liabilities and net assetsStart of year $1,478,465$1,598,550
Part XI · Reconciliation of net assets $1,585,742 net assets at year end
XI-1 Total revenue$912,264
XI-2 Total expenses$782,055
XI-3 Revenue less expenses$130,209
XI-4 Net assets at start of year$1,455,533
XI-10 Net assets at end of year$1,585,742

Form 990 e-file FY2020 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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