National Industries For The Blind
National Industries For The Blind maintains stable operations with significant assets, but executive compensation disclosure is unclear.
EIN: 135596799 · Alexandria, VA · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $141.6M |
| Total Expenses | $37.6M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $100 |
| Net Assets | $39.3M |
| Transparency Score | 70/100 |
Is National Industries For The Blind Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
National Industries For The Blind directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About National Industries For The Blind
National Industries For The Blind (EIN: 135596799) is a nonprofit organization based in Alexandria, VA. The organization reported total revenue of $141.6M and total assets of $102.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of National Industries For The Blind's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
National Industries For The Blind is a major nonprofit that has been operating for 84 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $34.5M |
| Total Expenses | $37.6M |
| Surplus / Deficit | $-3,041,389 |
| Total Assets | $96.7M |
| Total Liabilities | $57.4M |
| Net Assets | $39.3M |
| Operating Margin | -8.8% |
| Debt-to-Asset Ratio | 59.3% |
| Months of Reserves | 30.9 months |
Financial Health Grade: C
In 2023, National Industries For The Blind reported a deficit of $3.0M with expenses exceeding revenue, holds 30.9 months of operating reserves (strong position), has a debt-to-asset ratio of 59.3% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), National Industries For The Blind's revenue has grown at a compound annual growth rate (CAGR) of 0.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -4.2% | +4.9% | +2.1% |
| 2022 | -5.2% | +3.1% | -5.8% |
| 2021 | +1.1% | +2.5% | +2.5% |
| 2020 | +1.7% | -12.8% | -1.4% |
| 2019 | +4.6% | +4.5% | +3.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1942 |
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 Industries For The Blind with a Mission Score of 70 out of 100 (Good). 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: 80%
- fundraising: 5%
According to IRS 990 filings, National Industries For The Blind allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $3.0M, with expenses exceeding revenue.
- Debt-to-asset ratio: 59.3%.
Executive Compensation Analysis
The consistent reporting of 0% officer compensation across all available IRS 990 filings for an organization with annual revenues in the tens of millions and over $100 million in assets is highly unusual and suggests a lack of detailed disclosure regarding executive pay.
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 Industries For The Blind's IRS 990 filings:
- Consistent reporting of 0% officer compensation across all filings, which is highly unusual for an organization of this size.
- Occasional periods where expenses exceed revenue, such as in 202309 ($37,583,012 expenses vs. $34,541,623 revenue), indicating a deficit for that specific year.
Strengths
The following positive indicators were identified for National Industries For The Blind:
- Consistent operational scale with annual revenues and expenses generally in the $30-40 million range, demonstrating stability.
- Strong asset base, with assets consistently over $90 million in recent years and reaching $102,214,790, providing financial security.
- Long history of IRS 990 filings (13 filings), indicating a commitment to regulatory compliance.
Frequently Asked Questions about National Industries For The Blind
Is National Industries For The Blind a legitimate charity?
National Industries For The Blind (EIN: 135596799) is a registered tax-exempt nonprofit based in Virginia. Our AI analysis gives it a Mission Score of 70/100. It has 13 years of IRS 990 filings on record. Total revenue: $141.6M. 2 red flags identified. 3 strengths noted. Financial health grade: C.
How does National Industries For The Blind spend its money?
National Industries For The Blind directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to National Industries For The Blind tax-deductible?
National Industries For The Blind is registered as a tax-exempt nonprofit (EIN: 135596799). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the National Industries For The Blind CEO make?
National Industries For The Blind's highest-compensated officer earns $100 annually. The organization reported $141.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of National Industries For The Blind's spending goes to programs?
National Industries For The Blind directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is National Industries For The Blind located?
National Industries For The Blind is headquartered in Alexandria, Virginia and files with the IRS under EIN 135596799.
How many years of IRS 990 filings does National Industries For The Blind have?
National Industries For The Blind 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 $141.6M in total revenue.
Is National Industries For The Blind a good charity?
Based on its consistent operational scale, significant assets, and apparent dedication to its mission, NIB appears to be a stable organization. However, the lack of transparent executive compensation data is a significant concern that prevents a full assessment of its financial health and efficiency.
Why is officer compensation consistently reported as 0%?
The IRS 990 filings consistently show 0% for officer compensation. This is highly unusual for an organization of NIB's size and could indicate that compensation is reported under different categories, paid by a related entity, or that the disclosure is incomplete. This warrants further investigation for full transparency.
How does NIB manage its assets of over $100 million?
NIB has consistently maintained substantial assets, reaching $102,214,790 in the latest data. These assets provide a strong financial foundation, but without detailed financial statements, it's difficult to ascertain the specific allocation and management strategies for these funds.
Filing History
IRS 990 filing history for National Industries For The Blind showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), National Industries For The Blind's revenue has grown by 11.8%, moving from $30.9M to $34.5M. Total assets increased by 94% over the same period, from $49.8M to $96.7M. Total functional expenses rose by 16.9%, from $32.1M to $37.6M. In its most recent filing year (2023), National Industries For The Blind reported a deficit of $3.0M, with expenses exceeding revenue. The organization holds $57.4M in liabilities against $96.7M in assets (debt-to-asset ratio: 59.3%), resulting in net assets of $39.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $34.5M | $37.6M | $96.7M | $57.4M | — | View 990 |
| 2022 | $36.1M | $35.8M | $94.7M | $53.7M | — | View 990 |
| 2021 | $38.0M | $34.7M | $100.5M | $57.3M | — | View 990 |
| 2020 | $37.6M | $33.9M | $98.1M | $60.8M | — | View 990 |
| 2019 | $37.0M | $38.9M | $99.5M | $65.3M | — | View 990 |
| 2018 | $35.4M | $37.2M | $96.6M | $59.5M | — | View 990 |
| 2017 | $38.6M | $35.1M | $71.4M | $32.3M | — | View 990 |
| 2016 | $38.6M | $36.9M | $63.1M | $27.1M | — | View 990 |
| 2015 | $36.5M | $33.5M | $58.1M | $24.8M | — | View 990 |
| 2014 | $34.2M | $31.5M | $56.9M | $24.3M | — | View 990 |
| 2013 | $31.9M | $33.5M | $62.2M | $31.1M | — | View 990 |
| 2012 | $33.2M | $32.1M | $51.9M | $20.9M | — | View 990 |
| 2011 | $30.9M | $32.1M | $49.8M | $23.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $34.5M, expenses of $37.6M, and assets of $96.7M (revenue -4.2% year-over-year).
- 2022: Revenue of $36.1M, expenses of $35.8M, and assets of $94.7M (revenue -5.2% year-over-year).
- 2021: Revenue of $38.0M, expenses of $34.7M, and assets of $100.5M (revenue +1.1% year-over-year).
- 2020: Revenue of $37.6M, expenses of $33.9M, and assets of $98.1M (revenue +1.7% year-over-year).
- 2019: Revenue of $37.0M, expenses of $38.9M, and assets of $99.5M (revenue +4.6% year-over-year).
- 2018: Revenue of $35.4M, expenses of $37.2M, and assets of $96.6M (revenue -8.5% year-over-year).
- 2017: Revenue of $38.6M, expenses of $35.1M, and assets of $71.4M (revenue +0.0% year-over-year).
- 2016: Revenue of $38.6M, expenses of $36.9M, and assets of $63.1M (revenue +5.9% year-over-year).
- 2015: Revenue of $36.5M, expenses of $33.5M, and assets of $58.1M (revenue +6.6% year-over-year).
- 2014: Revenue of $34.2M, expenses of $31.5M, and assets of $56.9M (revenue +7.3% year-over-year).
- 2013: Revenue of $31.9M, expenses of $33.5M, and assets of $62.2M (revenue -3.8% year-over-year).
- 2012: Revenue of $33.2M, expenses of $32.1M, and assets of $51.9M (revenue +7.3% year-over-year).
- 2011: Revenue of $30.9M, expenses of $32.1M, and assets of $49.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for National Industries For The Blind:
Data Sources and Methodology
This transparency report for National Industries For The Blind 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.