Overview
What is Michigan Braille Transcribing Fund Inc?
Michigan Braille Transcribing Fund Inc is a nonprofit organization situated in Jackson, Michigan, specifically at 3500 North Elm Road. Their primary mission is to meet the educational needs of visually impaired individuals by transcribing books and other material into Braille as requested by schools and social service agencies. Committed to producing high-quality Braille materials, this nonprofit strives to contribute to the pursuit of independence for the blind and visually impaired community, employing a workforce of six dedicated individuals.
Official website here: www.mi-braille.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92%, Four-Star out of Four Stars
The Michigan Braille Transcribing Fund Inc has received a commendable Four-Star rating from Charity Navigator, indicating strong performance in accountability and finance. The organization's overall score is based entirely on its accountability and finance metrics, which stands at 92%. This rating is significant as it reflects the charity's commitment to transparency and effective management of its financial resources.
Key strengths of the organization include a fully independent board, with all ten members meeting independence criteria, and a robust audit and oversight committee. The charity has no reported material diversion of assets, demonstrating fiscal responsibility. Additionally, the program expense ratio is notable at 71.36%, indicating that a significant portion of its funds is allocated directly to its mission-related activities.
Despite these strengths, the organization lacks a whistleblower policy, which is a notable limitation in its governance practices. This absence could potentially expose the organization to risks related to unethical behaviors or financial mismanagement. Overall, while the Michigan Braille Transcribing Fund Inc performs well in most areas, addressing the missing policy could enhance its governance framework further.
This AI summary has been generated from information found on Charity Navigator.
Is Michigan Braille Transcribing Fund Inc legitimate?
Michigan Braille Transcribing Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Michigan Braille Transcribing Fund Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $266,036
For more financial information, click here
Official website here: www.mi-braille.org
What is the mission statement of Michigan Braille Transcribing Fund Inc?
Michigan Braille Transcribing Fund Inc's mission is centered around producing high-quality braille materials. These materials are essential for the educational needs and pursuit of independence for individuals who are blind or visually impaired. The organization's primary activity involves transcribing books and other materials into braille as demanded by schools and social service agencies, thereby aiding in their educational journey and promoting independence.
Official website here: www.mi-braille.org
Who is the CEO of Michigan Braille Transcribing Fund Inc?
Cindy Olmstead is the Ceo/Pres. of Michigan Braille Transcribing Fund Inc. The CEO's salary of Michigan Braille Transcribing Fund Inc is $116,290 and their total compensation is $116,290.
Official website here: www.mi-braille.org
What is the revenue of Michigan Braille Transcribing Fund Inc?
Michigan Braille Transcribing Fund Inc's revenue in 2022 was $849,254.
Official website here: www.mi-braille.org
Who are the executives of Michigan Braille Transcribing Fund Inc and what are their salaries?
The average compensation at Michigan Braille Transcribing Fund Inc during 2022 was $44,339. There are 6 employees at Michigan Braille Transcribing Fund Inc.
Here are 11 key members and their salaries (Michigan Braille Transcribing Fund Inc's CEO's salary is $116,290 and their total compensation is $116,290):
- Compensation: $116,290
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- Other: $0
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- Other: $0
Official website here: www.mi-braille.org
Where can I find the form 990 for Michigan Braille Transcribing Fund Inc?
Michigan Braille Transcribing Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mi-braille.org
Learn more at the official website: www.mi-braille.org
Mission Statement of Michigan Braille Transcribing Fund Inc
Michigan Braille Transcribing Fund Inc is dedicated to producing high-quality braille materials that meet the educational needs and foster the pursuit of independence for individuals who are blind or visually impaired. This nonprofit organization's mission is to transcribe books and other materials into braille, fulfilling requests from schools and social service agencies. By doing so, Michigan Braille Transcribing Fund Inc plays a crucial role in ensuring that visually impaired individuals have equal access to educational resources, thereby enhancing their opportunities for personal growth and self-sufficiency.
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Impact
July, 2024
Michigan Braille Transcribing Fund Inc has a significant impact on the blind and visually impaired community by producing high-quality Braille materials essential for their educational needs and pursuit of independence. Through their mission to transcribe books and other materials into Braille as requested by schools and social service agencies, they play a crucial role in ensuring that individuals with visual impairments have access to the resources they need to succeed. This organization based in Jackson, MI, is dedicated to improving the quality of life for the blind and visually impaired, making a tangible difference in the lives of those they serve.
This information is meant to be a general summary of Michigan Braille Transcribing Fund Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $34,076
- Program Service Revenue: $740,895
- Gross Receipts: $849,254
Assets and Liabilities:
- Total Assets: $3,240,063
- Total Liabilities: $114,030
- Net Assets: $3,126,033
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BRAILLE DUPLICATION SALES
Revenue
$701,281
BRAILLE EQUIPMENT REPAIR
Revenue
$39,614
Organization Details
Founding Year
1997
Phone
(517) 780-5096Principal Officer
Cindy Olmstead
Main Address
3500 NORTH ELM ROAD, JACKSON, MI, 49201
Website
www.mi-braille.orgNTEE Category
Code: P80 - Human services
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