BOSMA INDUSTRIES FOR THE BLIND INC Charity Report

Public IRS 990 nonprofit record

BOSMA INDUSTRIES FOR THE BLIND INC

EIN 31-1246086 · Employment, Job-Related (J300)

What they do

BOSMA ENTERPRISES, CREATING OPPORTUNITIES for INDIVIDUALS WHO ARE BLIND or VISUALLY IMPAIRED.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $87.80 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders32 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

78.16%of revenue went to mission work87.8% of expenses · Program services

0.70%of revenue went to fundraising0.8% of expenses

$89.02spent for every $100 of revenueRevenue covered expenses this year.

10.15%of revenue went to management and office costs11.4% of expenses

$1.32in assets for every $1 spent this yearSome assets cannot be spent right away.

0.4%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $626,326 for JEFFREY MITTMAN (PRESIDENT/CE). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$109,288,049

Mission workProgram services$85,420,93578.16% of revenue87.8% of expenses

ManagementOffice and general costs$11,095,80210.15% of revenue11.4% of expenses

FundraisingAsking for donations$767,7480.70% of revenue0.8% of expenses

Revenue left after expensesReported annual surplus$12,003,56410.98% of revenueShown in gray on the chart

Total expenses$97,284,48589.02% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 87.8% mission · 11.4% management · 0.8% fundraisingTotal expenses: 89.02% of revenue

2023Expense mix: 87.7% mission · 11.5% management · 0.8% fundraisingTotal expenses: 82.37% of revenue

2022Expense mix: 88.7% mission · 10.6% management · 0.7% fundraisingTotal expenses: 94.51% of revenue

2021Expense mix: 91.6% mission · 7.8% management · 0.6% fundraisingTotal expenses: 89.55% of revenue

2020Expense mix: 87.9% mission · 11.1% management · 1.0% fundraisingTotal expenses: 88.04% of revenue

2019Expense mix: 81.3% mission · 17.8% management · 0.9% fundraisingTotal expenses: 95.77% of revenue

2018Expense mix: 86.8% mission · 12.5% management · 0.7% fundraisingTotal expenses: 90.08% of revenue

2017Expense mix: 92.0% mission · 7.2% management · 0.8% fundraisingTotal expenses: 92.25% of revenue

Money in and money out

Revenue$109,288,049

Expenses$97,284,485

Annual surplus $12,003,564 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$85,420,935 · 87.8% of expenses

Management and office costs$11,095,802 · 11.4% of expenses

Fundraising$767,748 · 0.8% of expenses

See all reported dollar amounts

Revenue$109,288,049

Expenses$97,284,485

Assets$128,208,005

Income$109,300,126

Contributions$449,251

Mission work (program services)$85,420,935

Fundraising$767,748

Grants given$27,871,766

Average grant$1,639,516

Management and general$11,095,802

Executive compensation (total)$1,415,978

Stocks and bonds$58,926,565

Accounting fees$84,615

Investing fees$56,878

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

JEFFREY MITTMANPRESIDENT/CE · 40 hrs/week $626,326Base $624,020 · Other $2,306

TERESA WATSONCFO · 40 hrs/week $348,930Base $318,262 · Other $30,668

LISE PACEEXECUTIVE VP · 40 hrs/week $309,536Base $291,451 · Other $18,085

DOUGLAS PINGEL TERM DATE 121324VP OPERATION · 40 hrs/week $307,810Base $288,813 · Other $18,997

JODI VIRGILVP HUMAN RES · 40 hrs/week $277,155Base $246,604 · Other $30,551

JASON BAILEYCHIEF TECH. · 40 hrs/week $252,130Base $221,502 · Other $30,628

DANA WERNER TERM DATE 101224CHIEF OPER. · 40 hrs/week $215,481Base $204,717 · Other $10,764

JAMIE WILBERVP OF COM. S · 40 hrs/week $213,581Base $212,464 · Other $1,117

BRANDON WELLSEXEC DIR OF · 30 hrs/week $202,846Base $201,091 · Other $1,755

KRISTIN STICKLECONTROLLER · 40 hrs/week $184,847Base $173,296 · Other $11,551

JAMES MICHAELS TERM DATE 8224VP PROGRAM S · 40 hrs/week $177,478Base $157,009 · Other $20,469

DANIEL BRILESDIR. OF COMP · 40 hrs/week $175,266Base $145,122 · Other $30,144

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (32)

JEFFREY MITTMANPRESIDENT/CE

TERESA WATSONCFO

LISE PACEEXECUTIVE VP

DOUGLAS PINGEL TERM DATE 121324VP OPERATION

JODI VIRGILVP HUMAN RES

JASON BAILEYCHIEF TECH.

DANA WERNER TERM DATE 101224CHIEF OPER.

JAMIE WILBERVP OF COM. S

BRANDON WELLSEXEC DIR OF

KRISTIN STICKLECONTROLLER

JAMES MICHAELS TERM DATE 8224VP PROGRAM S

DANIEL BRILESDIR. OF COMP

TONJA SAPRISSASENIOR MGR O

BRIAN PETRAITSDIR OF MANUF

JAMES HOOPINGARNERDIR. OF DIST

REBECCA EVANSAR PAYROLL M

MARSHA EGANVP OF PROG.

JEAN BARSKE START DATE 6324CHIEF OPER.

JEFF WEBERDIRECTOR

AMANDA ROSEDIRECTOR

KEITH BERLENDIRECTOR

KEITH ISOMDIRECTOR

KEVIN MANDRELLCHAIR

GREGORY OTTINGERVICE CHAIR

DONALD KOORSDIRECTOR

CONNOR SULLIVANDIRECTOR

OSCAR A GUTIERREZDIRECTOR

CHRIS DUNLAVEYDIRECTOR

STEPHEN M POWELLDIRECTOR

STEVEN L BUCKSOTSECRETARY/TR

BRIAN BOSMADIRECTOR

BART BOOKDIRECTOR

About this charity

Recognized since: January 1989
Location: 6270 CORPORATE DR, INDIANAPOLIS, IN 46278-2900
County: Marion
In care of: TERESA WATSON
Primary officer: TERESA WATSON, CFO

How to reach them

WebsiteVisit the charity’s website Emailinfo@bosma.org Phone(317) 684-0600

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: L M HENDERSON & COMPANY LLP
NTEE classification: Employment, Job-Related (J300)
IRS tax category: Vocational Rehabilitation Services
Grant-giving organization: Yes