Carroll Center For The Blind Inc
EIN: 42106173 · Newton, MA · NTEE: G41Z
| Metric | Value |
|---|---|
| Total Revenue | $13.7M |
| Total Expenses | $7.4M |
| Net Assets | $12.0M |
Is Carroll Center For The Blind Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Carroll Center For The Blind Inc
Carroll Center For The Blind Inc (EIN: 42106173) is a nonprofit organization based in Newton, MA, classified under NTEE code G41Z. The organization reported total revenue of $13.7M and total assets of $15.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Carroll Center For The Blind Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Carroll Center For The Blind Inc is a large nonprofit that has been operating for 70 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $7.9M |
| Total Expenses | $7.4M |
| Surplus / Deficit | +$508K |
| Total Assets | $12.6M |
| Total Liabilities | $534K |
| Net Assets | $12.0M |
| Operating Margin | 6.5% |
| Debt-to-Asset Ratio | 4.3% |
| Months of Reserves | 20.4 months |
Financial Health Grade: A
In 2023, Carroll Center For The Blind Inc reported a surplus of $508K with revenue exceeding expenses, holds 20.4 months of operating reserves (strong position), has a debt-to-asset ratio of 4.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Carroll Center For The Blind Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.2% | +2.0% | +2.3% |
| 2022 | -17.6% | +14.6% | +7.3% |
| 2021 | +40.5% | -5.0% | +37.7% |
| 2020 | -5.9% | -2.6% | +1.7% |
| 2019 | +9.4% | +2.2% | +4.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1956 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Carroll Center For The Blind Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Carroll Center For The Blind Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $508K, with revenue exceeding expenses.
- Debt-to-asset ratio: 4.3%.
Frequently Asked Questions about Carroll Center For The Blind Inc
Is Carroll Center For The Blind Inc a legitimate charity?
Carroll Center For The Blind Inc (EIN: 42106173) is a registered tax-exempt nonprofit based in Massachusetts. It has 13 years of IRS 990 filings on record. Total revenue: $13.7M. No red flags identified. Financial health grade: A.
How does Carroll Center For The Blind Inc spend its money?
Carroll Center For The Blind Inc reported $13.7M in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Carroll Center For The Blind Inc tax-deductible?
Carroll Center For The Blind Inc is registered as a tax-exempt nonprofit (EIN: 42106173). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Carroll Center For The Blind Inc located?
Carroll Center For The Blind Inc is headquartered in Newton, Massachusetts and files with the IRS under EIN 42106173. It is classified under NTEE code G41Z.
How many years of IRS 990 filings does Carroll Center For The Blind Inc have?
Carroll Center For The Blind Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $13.7M in total revenue.
Filing History
IRS 990 filing history for Carroll Center For The Blind Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Carroll Center For The Blind Inc's revenue has grown by 70.4%, moving from $4.6M to $7.9M. Total assets increased by 65.4% over the same period, from $7.6M to $12.6M. Total functional expenses rose by 24.6%, from $5.9M to $7.4M. In its most recent filing year (2023), Carroll Center For The Blind Inc reported a surplus of $508K, with revenue exceeding expenses. The organization holds $534K in liabilities against $12.6M in assets (debt-to-asset ratio: 4.3%), resulting in net assets of $12.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $7.9M | $7.4M | $12.6M | $534K | — | View 990 |
| 2022 | $7.9M | $7.2M | $12.3M | $725K | — | View 990 |
| 2021 | $9.5M | $6.3M | $11.4M | $510K | — | View 990 |
| 2020 | $6.8M | $6.6M | $8.3M | $619K | — | View 990 |
| 2019 | $7.2M | $6.8M | $8.2M | $602K | — | View 990 |
| 2018 | $6.6M | $6.7M | $7.8M | $658K | — | View 990 |
| 2017 | $7.4M | $6.7M | $7.6M | $362K | — | View 990 |
| 2016 | $6.4M | $7.1M | $7.2M | $585K | — | View 990 |
| 2015 | $6.1M | $7.0M | $7.7M | $453K | — | View 990 |
| 2014 | $8.0M | $6.6M | $8.7M | $477K | — | View 990 |
| 2013 | $5.5M | $6.1M | $7.3M | $467K | — | View 990 |
| 2012 | $5.9M | $5.6M | $7.9M | $535K | — | View 990 |
| 2011 | $4.6M | $5.9M | $7.6M | $518K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $7.9M, expenses of $7.4M, and assets of $12.6M (revenue +0.2% year-over-year).
- 2022: Revenue of $7.9M, expenses of $7.2M, and assets of $12.3M (revenue -17.6% year-over-year).
- 2021: Revenue of $9.5M, expenses of $6.3M, and assets of $11.4M (revenue +40.5% year-over-year).
- 2020: Revenue of $6.8M, expenses of $6.6M, and assets of $8.3M (revenue -5.9% year-over-year).
- 2019: Revenue of $7.2M, expenses of $6.8M, and assets of $8.2M (revenue +9.4% year-over-year).
- 2018: Revenue of $6.6M, expenses of $6.7M, and assets of $7.8M (revenue -10.7% year-over-year).
- 2017: Revenue of $7.4M, expenses of $6.7M, and assets of $7.6M (revenue +15.0% year-over-year).
- 2016: Revenue of $6.4M, expenses of $7.1M, and assets of $7.2M (revenue +5.1% year-over-year).
- 2015: Revenue of $6.1M, expenses of $7.0M, and assets of $7.7M (revenue -24.1% year-over-year).
- 2014: Revenue of $8.0M, expenses of $6.6M, and assets of $8.7M (revenue +45.7% year-over-year).
- 2013: Revenue of $5.5M, expenses of $6.1M, and assets of $7.3M (revenue -6.1% year-over-year).
- 2012: Revenue of $5.9M, expenses of $5.6M, and assets of $7.9M (revenue +27.2% year-over-year).
- 2011: Revenue of $4.6M, expenses of $5.9M, and assets of $7.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Carroll Center For The Blind Inc:
Data Sources and Methodology
This transparency report for Carroll Center For The Blind Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.