National Federation Of The Blind Inc
National Federation Of The Blind Inc maintains strong assets but faces occasional operating deficits.
EIN: 20259978 · Baltimore, MD · NTEE: G41Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $28.1M |
| Total Expenses | $19.5M |
| Program Spending | 75% |
| Net Assets | $31.3M |
| Transparency Score | 85/100 |
Is National Federation Of The Blind Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
National Federation Of The Blind Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About National Federation Of The Blind Inc
National Federation Of The Blind Inc (EIN: 20259978) is a nonprofit organization based in Baltimore, MD, classified under NTEE code G41Z. The organization reported total revenue of $28.1M and total assets of $35.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of National Federation Of The Blind Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
National Federation Of The Blind Inc is a large nonprofit that has been operating for 77 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $17.6M |
| Total Expenses | $19.5M |
| Surplus / Deficit | $-1,994,451 |
| Total Assets | $32.7M |
| Total Liabilities | $1.4M |
| Net Assets | $31.3M |
| Operating Margin | -11.4% |
| Debt-to-Asset Ratio | 4.3% |
| Months of Reserves | 20.1 months |
Financial Health Grade: B
In 2023, National Federation Of The Blind Inc reported a deficit of $2.0M with expenses exceeding revenue, holds 20.1 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), National Federation Of The Blind Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -9.4% | +12.6% | +2.1% |
| 2022 | -7.9% | -9.3% | -8.4% |
| 2021 | +6.4% | +0.4% | +6.6% |
| 2020 | +0.5% | +7.5% | +9.1% |
| 2019 | -10.4% | -9.8% | +16.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1949 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates National Federation Of The Blind Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, National Federation Of The Blind Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $2.0M, with expenses exceeding revenue.
- Debt-to-asset ratio: 4.3%.
Executive Compensation Analysis
The organization consistently reports 0% for officer compensation across all available filings, indicating either a volunteer-led executive team or compensation structured in a way that is not categorized as 'officer compensation' in these specific IRS 990 sections. This practice suggests a strong commitment to minimizing executive overhead relative to the organization's size and revenue.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of National Federation Of The Blind Inc's IRS 990 filings:
- Occasional operating deficits, such as in 2023 ($1,994,451) and 2014 (over $8 million), where expenses exceeded revenue.
- Variability in reported revenue, with the latest revenue of $28,066,862 differing significantly from the 202312 filing's $17,550,174, which could indicate inconsistent reporting periods or significant fluctuations in funding.
Strengths
The following positive indicators were identified for National Federation Of The Blind Inc:
- Strong asset base, consistently exceeding liabilities (e.g., $32,745,221 assets vs. $1,403,082 liabilities in 2023).
- Consistent reporting of 0% for officer compensation, indicating a commitment to minimizing executive overhead.
- Long history of IRS 990 filings (13 filings), suggesting transparency and consistent reporting practices.
- Generally stable revenue streams over the past decade, typically around $19-21 million annually, providing a predictable financial foundation.
Frequently Asked Questions about National Federation Of The Blind Inc
Is National Federation Of The Blind Inc a legitimate charity?
National Federation Of The Blind Inc (EIN: 20259978) is a registered tax-exempt nonprofit based in Maryland. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $28.1M. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does National Federation Of The Blind Inc spend its money?
National Federation Of The Blind Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to National Federation Of The Blind Inc tax-deductible?
National Federation Of The Blind Inc is registered as a tax-exempt nonprofit (EIN: 20259978). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of National Federation Of The Blind Inc's spending goes to programs?
National Federation Of The Blind Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does National Federation Of The Blind Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), National Federation Of The Blind Inc is above average for NTEE category G41Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is National Federation Of The Blind Inc located?
National Federation Of The Blind Inc is headquartered in Baltimore, Maryland and files with the IRS under EIN 20259978. It is classified under NTEE code G41Z.
How many years of IRS 990 filings does National Federation Of The Blind Inc have?
National Federation Of 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 $28.1M in total revenue.
Is National Federation Of The Blind Inc a good charity?
Based on the available data, the National Federation Of The Blind Inc appears to be a well-managed charity with strong assets and a commendable 0% reported officer compensation. While it has experienced occasional operating deficits, its overall financial health and transparency regarding executive pay are positive indicators.
Why is officer compensation consistently 0%?
The consistent reporting of 0% for officer compensation suggests that the organization's top leadership may be volunteer-based, or their compensation is categorized differently within the IRS 990 filing, such as under general salaries or program expenses, rather than specifically as 'officer compensation'.
What caused the significant deficit in 2014 and 2023?
In 2014, expenses ($27,175,581) significantly exceeded revenue ($19,031,763), resulting in a substantial deficit of over $8 million. Similarly, in 2023, expenses ($19,544,625) were higher than revenue ($17,550,174) by nearly $2 million. The specific causes of these deficits are not detailed in the provided summary data but would warrant a deeper dive into the full 990 forms for those periods to understand the nature of the increased expenses or decreased revenue.
Filing History
IRS 990 filing history for National Federation Of The Blind Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), National Federation Of The Blind Inc's revenue has declined by 18.8%, moving from $21.6M to $17.6M. Total assets increased by 19.5% over the same period, from $27.4M to $32.7M. Total functional expenses fell by 3.2%, from $20.2M to $19.5M. In its most recent filing year (2023), National Federation Of The Blind Inc reported a deficit of $2.0M, with expenses exceeding revenue. The organization holds $1.4M in liabilities against $32.7M in assets (debt-to-asset ratio: 4.3%), resulting in net assets of $31.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $17.6M | $19.5M | $32.7M | $1.4M | — | — |
| 2022 | $19.4M | $17.4M | $32.1M | $869K | — | View 990 |
| 2021 | $21.0M | $19.1M | $35.0M | $837K | — | View 990 |
| 2020 | $19.8M | $19.1M | $32.8M | $924K | — | View 990 |
| 2019 | $19.7M | $17.7M | $30.1M | $972K | — | View 990 |
| 2018 | $22.0M | $19.7M | $25.9M | $853K | — | View 990 |
| 2017 | $19.9M | $20.3M | $26.2M | $767K | — | View 990 |
| 2016 | $19.6M | $17.7M | $24.9M | $555K | — | View 990 |
| 2015 | $18.9M | $17.0M | $22.6M | $619K | — | View 990 |
| 2014 | $19.0M | $27.2M | $22.0M | $293K | — | View 990 |
| 2013 | $20.0M | $17.3M | $30.4M | $367K | — | View 990 |
| 2012 | $15.5M | $17.2M | $26.8M | $418K | — | View 990 |
| 2011 | $21.6M | $20.2M | $27.4M | $326K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $17.6M, expenses of $19.5M, and assets of $32.7M (revenue -9.4% year-over-year).
- 2022: Revenue of $19.4M, expenses of $17.4M, and assets of $32.1M (revenue -7.9% year-over-year).
- 2021: Revenue of $21.0M, expenses of $19.1M, and assets of $35.0M (revenue +6.4% year-over-year).
- 2020: Revenue of $19.8M, expenses of $19.1M, and assets of $32.8M (revenue +0.5% year-over-year).
- 2019: Revenue of $19.7M, expenses of $17.7M, and assets of $30.1M (revenue -10.4% year-over-year).
- 2018: Revenue of $22.0M, expenses of $19.7M, and assets of $25.9M (revenue +10.3% year-over-year).
- 2017: Revenue of $19.9M, expenses of $20.3M, and assets of $26.2M (revenue +1.9% year-over-year).
- 2016: Revenue of $19.6M, expenses of $17.7M, and assets of $24.9M (revenue +3.7% year-over-year).
- 2015: Revenue of $18.9M, expenses of $17.0M, and assets of $22.6M (revenue -0.8% year-over-year).
- 2014: Revenue of $19.0M, expenses of $27.2M, and assets of $22.0M (revenue -5.0% year-over-year).
- 2013: Revenue of $20.0M, expenses of $17.3M, and assets of $30.4M (revenue +29.4% year-over-year).
- 2012: Revenue of $15.5M, expenses of $17.2M, and assets of $26.8M (revenue -28.4% year-over-year).
- 2011: Revenue of $21.6M, expenses of $20.2M, and assets of $27.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for National Federation Of The Blind Inc:
Data Sources and Methodology
This transparency report for National Federation Of 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.