World Services For The Blind Foundation
World Services For The Blind Foundation shows highly volatile revenue and expense trends with zero officer compensation.
EIN: 20615253 · Little Rock, AR · NTEE: G41 · Updated: 2026-03-28
Is World Services For The Blind Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
World Services For The Blind Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About World Services For The Blind Foundation
World Services For The Blind Foundation (EIN: 20615253) is a nonprofit organization based in Little Rock, AR, classified under NTEE code G41. The organization reported total revenue of $507K and total assets of $9.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of World Services For The Blind Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
World Services For The Blind Foundation is a small nonprofit that has been operating for 24 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 41.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $629K |
| Total Expenses | $286K |
| Surplus / Deficit | +$343K |
| Total Assets | $9.6M |
| Total Liabilities | $4.1M |
| Net Assets | $5.5M |
| Operating Margin | 54.5% |
| Debt-to-Asset Ratio | 42.6% |
| Months of Reserves | 404.1 months |
Financial Health Grade: A
In 2023, World Services For The Blind Foundation reported a surplus of $343K with revenue exceeding expenses, holds 404.1 months of operating reserves (strong position), has a debt-to-asset ratio of 42.6% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), World Services For The Blind Foundation's revenue has grown at a compound annual growth rate (CAGR) of 41.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -79.6% | +53.3% | +11.2% |
| 2022 | +263.7% | -89.8% | +90.0% |
| 2021 | -62.1% | +16.1% | -0.3% |
| 2020 | -35.7% | +1587.8% | +33.0% |
| 2019 | +6411.5% | +54.3% | +27818.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
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 World Services For The Blind Foundation 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, World Services For The Blind Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 surplus of $343K, with revenue exceeding expenses.
- Debt-to-asset ratio: 42.6%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no portion of the organization's expenses is allocated to officer salaries, which is highly unusual for an organization of its asset size ($9,642,320 in 2023).
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 World Services For The Blind Foundation's IRS 990 filings:
- Extreme revenue and expense volatility year-over-year, making financial stability difficult to assess.
- 0% officer compensation reported despite significant assets and expenses, which is highly unusual and may indicate alternative compensation structures or reporting methods.
- Significant increase in liabilities from $0 in 2018 to over $4 million in 2023, requiring clarification on the nature of this debt.
Strengths
The following positive indicators were identified for World Services For The Blind Foundation:
- Consistent reporting of 0% officer compensation, suggesting a strong commitment to directing funds away from executive salaries.
- Substantial growth in assets, from $12,334 in 2018 to $9,642,320 in 2023, indicating successful asset accumulation.
- The organization has a long filing history (13 filings), suggesting sustained operation over time.
Frequently Asked Questions about World Services For The Blind Foundation
Is World Services For The Blind Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, World Services For The Blind Foundation (EIN: 20615253) some concerns. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
How does World Services For The Blind Foundation spend its money?
World Services For The Blind Foundation directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to World Services For The Blind Foundation tax-deductible?
World Services For The Blind Foundation is registered as a tax-exempt nonprofit (EIN: 20615253). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Why is there such extreme volatility in revenue and expenses year-over-year?
The provided data shows revenue ranging from $-7,714 in 2015 to $3,472,478 in 2019, and expenses from $623 in 2015 to $1,833,248 in 2021. This suggests a reliance on unpredictable funding sources or significant one-time projects.
How does the organization manage its programs with 0% officer compensation?
The consistent reporting of 0% officer compensation across all filings is highly unusual for an organization with significant assets and expenses. This could imply that leadership roles are entirely volunteer-based, compensated through a related entity, or that compensation is miscategorized.
What caused the substantial increase in assets and liabilities in recent years?
Assets grew from $12,334 in 2018 to $9,642,320 in 2023, while liabilities increased from $0 in 2018 to $4,103,556 in 2023. This rapid growth in both assets and liabilities warrants further investigation into the nature of these financial changes, such as large grants, investments, or debt acquisition.
Filing History
IRS 990 filing history for World Services For The Blind Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), World Services For The Blind Foundation's revenue has grown by 6193.6%, moving from $10K to $629K. Total assets increased by 38253% over the same period, from $25K to $9.6M. Total functional expenses rose by 17817.1%, from $2K to $286K. In its most recent filing year (2023), World Services For The Blind Foundation reported a surplus of $343K, with revenue exceeding expenses. The organization holds $4.1M in liabilities against $9.6M in assets (debt-to-asset ratio: 42.6%), resulting in net assets of $5.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $629K | $286K | $9.6M | $4.1M | — | View 990 |
| 2022 | $3.1M | $187K | $8.7M | $3.6M | — | View 990 |
| 2021 | $847K | $1.8M | $4.6M | $1.4M | — | View 990 |
| 2020 | $2.2M | $1.6M | $4.6M | $531K | — | View 990 |
| 2019 | $3.5M | $94K | $3.4M | $52K | — | View 990 |
| 2018 | $53K | $61K | $12K | $0 | — | View 990 |
| 2017 | $18K | $131K | $20K | $0 | — | View 990 |
| 2016 | $31K | $33K | $133K | $0 | — | View 990 |
| 2015 | $-7,714 | $623 | $135K | $0 | — | View 990 |
| 2014 | $18K | $17K | $143K | $0 | — | View 990 |
| 2013 | $128K | $549 | $143K | $0 | — | View 990 |
| 2012 | $971 | $987 | $16K | $0 | — | View 990 |
| 2011 | $10K | $2K | $25K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $629K, expenses of $286K, and assets of $9.6M (revenue -79.6% year-over-year).
- 2022: Revenue of $3.1M, expenses of $187K, and assets of $8.7M (revenue +263.7% year-over-year).
- 2021: Revenue of $847K, expenses of $1.8M, and assets of $4.6M (revenue -62.1% year-over-year).
- 2020: Revenue of $2.2M, expenses of $1.6M, and assets of $4.6M (revenue -35.7% year-over-year).
- 2019: Revenue of $3.5M, expenses of $94K, and assets of $3.4M (revenue +6411.5% year-over-year).
- 2018: Revenue of $53K, expenses of $61K, and assets of $12K (revenue +203.3% year-over-year).
- 2017: Revenue of $18K, expenses of $131K, and assets of $20K (revenue -43.2% year-over-year).
- 2016: Revenue of $31K, expenses of $33K, and assets of $133K.
- 2015: Revenue of $-7,714, expenses of $623, and assets of $135K (revenue -143.5% year-over-year).
- 2014: Revenue of $18K, expenses of $17K, and assets of $143K (revenue -86.1% year-over-year).
- 2013: Revenue of $128K, expenses of $549, and assets of $143K (revenue +13072.5% year-over-year).
- 2012: Revenue of $971, expenses of $987, and assets of $16K (revenue -90.3% year-over-year).
- 2011: Revenue of $10K, expenses of $2K, and assets of $25K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for World Services For The Blind Foundation:
Data Sources and Methodology
This transparency report for World Services For The Blind Foundation 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.