Volunteer Braille Services FY2023 filing

Golden Valley, MNUnknown exempt organization EIN 41-1237256Revenue $282K in FY2023Latest return filed Nov 5, 2024

On file with the IRSvbsmn.orgGolden Valley, MN

Claim this org

(tell your story, add context, and more) Claim it free, then get the verified mark for $100 a year.

How does your 990 look to donors? Take the 10-Question Audit

Provide Braille transcription for the blind.

Form 990 Part I, line 1, FY2023. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 41-1237256) · Dispute this line
68¢ of each $1 spent went to programs.
$55K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2024
latest Form 990
The latest return is for FY2024, 2 tax years back.
IRS e-file · Filing history
Surplus or deficit
3 of 4
filings with a surplus
Average deficit $279K a year · 109% of revenue · last 4 filings
A surplus in 3 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
68%
of spending
68% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$55K
to officers and key staff · 45% of spending
Pay to officers and key staff is 45% of spending.
Part VII, Section A
13.9 mo
of spending, in cash
Plus $1.4M in investments, Pt X · Ln 11–13
13.9 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Liabilities are 0% of assets.
Pt X · Ln 26
Independent board members
5
of 7 voting members
5 of 7 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$282K
-27% vs prior year
Spent
$121K
To programs
68%
Net assets
$1.6M
By yearFY2021–FY2024
Revenue
$282K
FY2023▼ -27%
Tap a bar for its year
Revenue by fiscal year
FY2021$190K
FY2022$385K
FY2023$282K
FY2024$172K
Expenses
$121K
FY2023▲ +22%
Tap a bar for its year
Expenses by fiscal year
FY2021$89K
FY2022$99K
FY2023$121K
FY2024$1.8M
Net assets
$1.6M
FY2023▲ +6%
Tap a bar for its year
Net assets by fiscal year
FY2021$1.5M
FY2022$1.5M
FY2023$1.6M
FY2024$0

From the FY2023 Form 990 (year ending May 2023) · see the original

You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024.

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

Where the money goes

68 cents of each dollar spent went to programs.

Program services 68% · $83K Management & general 32% · $38K

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

Something off? Claim to add context

Who runs it and what they're paid

9 people listed on the 990; $55K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
Coordinator
$39,897Pt VII · Sec A
Secretary
$10,478Pt VII · Sec A
Vice President
$4,380Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2021
Cindi Laurent$26,658$39,897$25,640$25,017
Vicki Holm$11,121$10,478$10,395$6,226
Dorothy Worthington$3,420$4,380$4,864$5,488

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 Volunteer Braille Services 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 15aYes

Programs and updates

Transcribes books and documents into Braille for blind individuals.

Questions for Volunteer Braille Services

Tap to ask. Volunteer Braille Services sees how many people are interested.

Your first name shows with your question. Volunteer Braille Services answers here, for everyone.

3 programs · $82K · in their own filed words · FY2022
01

The Agency Accepted Braille Assignments from Different Sources

Schools, organizations, businesses, and individuals.

Form 990 Part III, line 4, FY2022. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 41-1237256) · Dispute this line
$79Kprogram expense
02

Volunteer certified braillists transcribed with part being used for a school district.

Form 990 Part III, line 4, FY2022. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 41-1237256) · Dispute this line
$2Kprogram expense
03

The agency provided training for sighted volunteers to become certified braillists and workshops were held for certified braillists.

Form 990 Part III, line 4, FY2022. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 41-1237256) · Dispute this line
$2Kprogram expense

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$282K
Ln 12
Fees for servicesLn 2g$205K
Investment incomeLn 3$75K
Gifts and grantsLn 1h$980
Money outPt IX
$121K
Ln 25
Programscol B$83K
Managementcol C$38K
Owns and owesPt X
$1.6M
net assets · Ln 32
Cash and savingsLn 1–2$140K
Total assetsLn 16$1.6M
LiabilitiesLn 26$0
PeoplePt VI, VII
9
listed · VII A
PaidVII A3
Voting boardVI 1a7
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$980
Fees for servicesLn 2g$205K
Investment incomeLn 3$75K
Total revenueLn 12$282K
Assets in detailPt X, end of year
CashLn 1$6K
SavingsLn 2$134K
Cash and savings togetherLn 1–2$140K
Accounts receivableLn 4$15K
Land, buildings, equipmentLn 10c$7K
InvestmentsLn 11–13$1.4M
Total assetsLn 16$1.6M
LiabilitiesLn 26$0
Net assetsLn 32$1.6M
OperationsPt I, VI
EmployeesI 53
VolunteersI 615
Fiscal year endsHeaderMay
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 FY23End FY23
Cash and savingsLn 1–2$119K$140K
InvestmentsLn 11–13$1.3M$1.4M
Land, buildings, equipmentLn 10c$9K$7K
Total assetsLn 16$1.5M$1.6M
LiabilitiesLn 26$0$0
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$45K$34K$11K
Payroll taxesLn 10$15K$10K$5K
Accounting feesLn 11c$2K$2K
Office expensesLn 13$4K$3K$506
Information technologyLn 14$5K$5K
OccupancyLn 16$31K$23K$8K
Conferences, conventions and meetingsLn 19$6K$6K
Depreciation, depletion and amortizationLn 22$2K$2K
InsuranceLn 23$2K$2K
Other expenses (24a–d)Ln 24$10K$6K$4K
Total functional expensesLn 25$121K$83K$38K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 LatestFiled with the IRS Nov 5, 2024 $172K$1.8M−$1.7M$0 990 PDF
FY2023 ViewingFiled with the IRS Mar 6, 2024 $282K$121K$160K$1.6M 990 PDF
FY2022Filed with the IRS Nov 9, 2022 $385K$99K$286K$1.5M 990 PDF
FY2021Filed with the IRS Oct 14, 2021 $190K$89K$101K$1.5M 990 PDF

Schedules filed Part IV

I · Grants O · Explanations
See the full FY2023 990
Part I · Summary $281,587 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $830$980
I-9 Program service revenuePrior year $173,466$205,150
I-10 Investment incomePrior year $210,583$75,457
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $384,879$281,587
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $48,419$60,020
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $50,649$61,158
I-18 Total expensesPrior year $99,068$121,178
I-19 Revenue less expensesPrior year $285,811$160,409
Part VI · Governance 5 of 7 board members independent, 3 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members5
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $281,587 across 5 lines filed
VIII-1f All other contributions, gifts and grants$980
VIII-1h Total contributions, gifts and grants$980
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $205,150$205,150
VIII-3 Investment incomeExcluded from tax $75,457$75,457
VIII-12 Total revenueRelated to mission $205,150 · Unrelated business $0 · Excluded from tax $75,457$281,587
Part IX · Statement of functional expenses $121,178 across 10 lines filed
IX-5 Pay of officers and key staff (Part IX, line 5)Programs $34,043 · Management $11,348$45,391
IX-10 Payroll taxesPrograms $10,000 · Management $4,629$14,629
IX-11c Accounting feesManagement $2,000$2,000
IX-13 Office expensesPrograms $3,391 · Management $506$3,897
IX-14 Information technologyPrograms $4,963$4,963
IX-16 OccupancyPrograms $23,293 · Management $7,764$31,057
IX-19 Conferences, conventions and meetingsManagement $6,000$6,000
IX-22 Depreciation, depletion and amortizationPrograms $1,508$1,508
IX-23 InsuranceManagement $1,979$1,979
IX-24 Other expenses (24a–d)Programs $5,626 · Management $4,128$9,754
IX-25 Total functional expensesPrograms $82,824 · Management $38,354 · Fundraising $0$121,178
Part X · Balance sheet $1,552,798 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $6,564$6,462
X-2 Savings and temporary cash investmentsStart of year $112,932$134,030
X-4 Accounts receivableStart of year $19,127$14,689
X-10c Land, buildings and equipment, netStart of year $8,869$7,361
X-11 Publicly traded securitiesStart of year $1,313,993$1,390,256
X-16 Total assetsStart of year $1,461,485$1,552,798
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $1,461,485$1,552,798
X-32 Total net assets or fund balancesStart of year $1,461,485$1,552,798
X-33 Total liabilities and net assetsStart of year $1,461,485$1,552,798
Part XI · Reconciliation of net assets $1,552,798 net assets at year end
XI-1 Total revenue$281,587
XI-2 Total expenses$121,178
XI-3 Revenue less expenses$160,409
XI-4 Net assets at start of year$1,461,485
XI-5 Net unrealized gains (losses) on investments−$58,710
XI-7 Investment expenses−$10,386
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,552,798

Form 990 e-file FY2023 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

The names, titles, and financial information shown on this page are reproduced from IRS Form 990 filings, which are public records. More

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown. A filing can only be corrected by the organization filing an amended return with the IRS; the corrected information appears here at our next update.

We publish only information contained in the public IRS filing, and less than the filing contains. Our pages do not display home addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, contact the filing organization or the IRS directly.

All figures come from public IRS Form 990 filings. Comparisons are computed from the filing against similar orgs. They are not a rating.

Featured nonprofit jobs

All nonprofit jobs → · Hiring? Post a job →