Bosma Industries For the Blind Inc is a 501(c)(3) organization based in Indianapolis, Indiana, registered in 1989, with $109,288,049 in FY2024 revenue. CharityIndex grades it C, and it directs about 88% of spending to programs.
Revenue (FY2024)
$109.3M
▲ 3.8% vs prior year
Employment median: $367K
Expenses (FY2024)
$97.3M
Net assets
$119.2M
Employees
190
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Bosma Industries For the Blind Inc: 88% to programs · $171 to raise $100 earns a F on this criterion. See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Bosma Industries For the Blind Inc: 15 mo reserves · +11% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Bosma Industries For the Blind Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Bosma Industries For the Blind Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Bosma enterprises, creating opportunities for individuals who are blind or visually impaired.
Bosma, through its center for visionary solutions, is indiana's largest provider of comprehensive vision rehabilitation programs, serving nearly 1,000 clients each year. these programs teach skills needed for an individual to live independently. they served over 900 hoosiers last year. bosma provides in-home community-based services, teaching clients the skills to be independent in their home, from safely cooking to managing household items like medications and bills. the program is also expanding to serve more individuals through virtual and group training at senior centers and other community organizations. bosma's center-based services is a 3 - 5 month residential, comprehensive training program. clients from all over indiana come to bosma's rehabilitation center in northwest indianapolis to learn how to adapt to living with vision loss. they learn skills like cooking, cleaning, using a computer, and navigating their environment safely with tools like a white cane. employment presents a major challenge for people who are blind or visually impaired. in fact, they face an unemployment rate that is 10 times higher than the national rate. bosma's community employment services clients find meaningful employment through activities like resume writing, interview preparation, and making sure workspaces are accessible with tools such as software. bosma's center also acts as a hub where people can call to get more information about resources available through bosma and other agencies. last year, the team handled over 1,400 calls.
Revenue grew from $56.0M (FY2013) to $109.3M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
11.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$128.2M
Total liabilities
$9.0M
Net assets
$119.2M
Salaries & benefits
$11.2M
12% of expenses
Board members
15
14 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $109,288,049▲3.8% | $97,284,485▲12.2% | $119,211,276▲12.1% | $128,208,005▲11.1% | 990 |
| 2023 | $105,262,518▲10.4% | $86,703,871▼3.7% | $106,347,802▲22.9% | $115,365,688▲22.7% | 990 |
| 2022 | $95,312,471▼18.2% | $90,076,900▼13.7% | $86,499,899▲7.1% | $94,012,615▲2.8% | 990 |
| 2021 | $116,517,311▲23.8% | $104,335,524▲26.0% | $80,772,436▲17.4% | $91,434,320▲12.9% | 990 |
| 2020 | $94,086,839▲20.6% | $82,836,920▲10.8% | $68,829,119▲21.4% | $81,009,765▲30.2% | 990 |
| 2019 | $78,038,285▲5.2% | $74,733,939▲11.8% | $56,707,585▲6.4% | $62,231,744▲5.6% | 990 |
| 2018 | $74,212,128▲7.8% | $66,849,648▲5.2% | $53,305,894▲16.2% | $58,924,994▲10.6% | 990 |
| 2017 | $68,863,700▼0.4% | $63,524,124▲1.3% | $45,867,560▲13.2% | $53,277,119▲8.6% | 990 |
| 2016 | $69,172,735▲5.5% | $62,681,398▲2.2% | $40,518,660▲19.3% | $49,057,460▲17.7% | 990 |
| 2015 | $65,563,165▲6.1% | $61,314,067▲9.7% | $33,956,824▲14.3% | $41,684,557▲1.5% | 990 |
| 2014 | $61,806,720▲10.4% | $55,899,559▲9.4% | $29,701,684▲25.0% | $41,085,758▲29.9% | 990 |
| 2013 | $56,008,917 | $51,103,776▲12.5% | $23,766,080▲26.2% | $31,631,810▲10.6% | 990 |
| 2012 | — | $45,428,306▲299% | $18,838,968▲24.7% | $28,598,230▲16.0% | 990 |
| 2011 | — | $11,380,288▲8.2% | $15,106,182▲10.8% | $24,661,199▲3.6% | 990 |
| 2010 | — | $10,514,748▲9.3% | $13,630,676▲23.4% | $23,799,426▲24.1% | 990 |
| 2009 | — | $9,618,489 | $11,042,822 | $19,182,778 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Highest-paid: Jeffrey Mittman — $624,020 (0.64% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Jeffrey Mittman | President/ce | 40 | $624,020 |
| Teresa Watson | Cfo | 40 | $318,262 |
| Lise Pace | Executive Vp | 40 | $291,451 |
| Douglas Pingel Term Date 121324 | Vp Operation | 40 | $288,813 |
| Jodi Virgil | Vp Human Res | 40 | $246,604 |
| Jason Bailey | Chief Tech. | 40 | $221,502 |
| Jamie Wilber | Vp of Com. S | 40 | $212,464 |
| Dana Werner Term Date 101224 | Chief Oper. | 40 | $204,717 |
| Brandon Wells | Exec Dir of | 30 | $201,091 |
| Kristin Stickle | Controller | 40 | $173,296 |
| James Michaels Term Date 8224 | Vp Program S | 40 | $157,009 |
| Daniel Briles | Dir. of Comp | 40 | $145,122 |
| Rebecca Evans | Ar Payroll M | 40 | $143,175 |
| Tonja Saprissa | Senior Mgr O | 40 | $134,313 |
| Brian Petraits | Dir of Manuf | 40 | $120,760 |
| James Hoopingarner | Dir. of Dist | 40 | $119,631 |
| Marsha Egan | Vp of Prog. | 40 | $119,554 |
| Jean Barske Start Date 6324 | Chief Oper. | 40 | $106,015 |
| Amanda Rose | Director | 1 | — |
| Bart Book | Director | 1 | — |
| Contractor | Services | Paid |
|---|---|---|
| Kroger Gardis Regas LLP | Legal Fees | $188,771 |
20 grants to Bosma Industries For the Blind Inc totaling $985K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| United Way of Central Indiana Inc | Program and/or operating support | 2024 | $50,000 |
| United Way of Central Indiana Inc | Donor choice | 2024 | $3,557 |
| United Way of Central Indiana Inc | Program and/or operating support | 2023 | $50,000 |
| United Way of Central Indiana Inc | Donor choice | 2023 | $8,988 |
| United Way of Central Indiana Inc | Donor choice | 2022 | $60,000 |
| United Way of Central Indiana Inc | Program and/or operating support | 2022 | $4,401 |
| United Way of Central Indiana Inc | Program and/or operating support | 2021 | $74,037 |
| Central Indiana Community Foundation Inc | Student training and employment program | 2021 | $27,000 |
| Indianapolis Foundation Inc | General support | 2021 | $25,000 |
| United Way of Central Indiana Inc | Donor choice | 2021 | $7,858 |
| United Way of Central Indiana Inc | Program and/or operating support | 2020 | $221,125 |
| United Way of Central Indiana Inc | Donor choice | 2020 | $7,135 |
| United Way of Central Indiana Inc | General support | 2019 | $196,648 |
| United Way of Central Indiana Inc | Donor choice | 2019 | $7,463 |
| United Way of Central Indiana Inc | Donor designation | 2018 | $12,752 |
3 grants totaling $10.9M in FY2024. All grants made by Bosma Industries For the Blind Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Bosma Visionary Opportunities Foundation Inc | Svcs | $10,849,968 |
| Westfield Foundation Education Inc | — | $11,867 |
| Envision Inc | Svcs | $11,500 |
Explore more
Data for Bosma Industries For the Blind Inc (EIN 31-1246086) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.