BOSMA VISIONARY OPPORTUNITIES FOUNDATION INC: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
BOSMA VISIONARY OPPORTUNITIES FOUNDATION INC (EIN 26-4808603)
Tax period
2023-07-01 to 2024-06-30
Filed
2025-01-25
IRS object ID
202500259349300700
Schema version
2023v6.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-01-25T08:52:49-05:00ReturnTs
Tax Period End2024-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN205520612PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1L M HENDERSON & COMPANY LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1450 E 96TH ST STE 200AddressLine1Txt
CityINDIANAPOLISCityNm
State AbbreviationINStateAbbreviationCd
ZIP462403797ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN264808603EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE BOSMA VISIONARY OPPORTUNITIESBusinessNameLine1Txt
Business Name Line2FOUNDATION INCBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlBOSMBusinessNameControlTxt
Phone3176840600PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line16270 CORPORATE DRIVEAddressLine1Txt
CityINDIANAPOLISCityNm
State AbbreviationINStateAbbreviationCd
ZIP46278ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonBRANDON WELLSPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone3176840600PhoneNum
Signature2025-01-16SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrfalseIRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJAMES J CLINEPreparerPersonNm
PTINP00151432PTIN
Phone3175661000PhoneNum
Preparation2025-01-16PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerBRIAN BOSMAPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line16270 CORPORATE DRIVEAddressLine1Txt
CityINDIANAPOLISCityNm
State AbbreviationINStateAbbreviationCd
ZIP46278ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$27,954,423GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.BOSMA.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2008FormationYr
Legal Domicile StateINLegalDomicileStateCd
Activity Or MissionTHE BOSMA VISIONARY OPPORTUNITIES FOUNDATION, INC. PROVIDES SUPPORT FOR BOSMA INDUSTRIES FOR THE BLIND, INC. SUCH ORGANIZATION CREATES OPPORTUNITIES FOR PEOPLE WHO ARE BLIND OR VISUALLY IMPAIRED.ActivityOrMissionDesc
Voting Members Governing Body10VotingMembersGoverningBodyCnt
Voting Members Independent9VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers235TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$1,068,440PYContributionsGrantsAmt
CY Contributions Grants$1,141,022CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$492,566PYInvestmentIncomeAmt
CY Investment Income$2,446,911CYInvestmentIncomeAmt
PY Other Revenue$35,153PYOtherRevenueAmt
CY Other Revenue$87,303CYOtherRevenueAmt
PY Total Revenue$1,596,159PYTotalRevenueAmt
CY Total Revenue$3,675,236CYTotalRevenueAmt
PY Grants And Similar Paid$181,228PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$234,020CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$623,557CYTotalFundraisingExpenseAmt
PY Other Expenses$661,813PYOtherExpensesAmt
CY Other Expenses$795,626CYOtherExpensesAmt
PY Total Expenses$843,041PYTotalExpensesAmt
CY Total Expenses$1,029,646CYTotalExpensesAmt
PY Revenues Less Expenses$753,118PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$2,645,590CYRevenuesLessExpensesAmt
Total Assets BOY$13,478,583TotalAssetsBOYAmt
Total Assets EOY$15,622,502TotalAssetsEOYAmt
Total Liabilities BOY$85,390TotalLiabilitiesBOYAmt
Total Liabilities EOY$78,725TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$13,393,193NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$15,543,777NetAssetsOrFundBalancesEOYAmt
MissionTHE BOSMA VISIONARY OPPORTUNITIES FOUNDATION, INC. PROVIDES SUPPORT FOR BOSMA INDUSTRIES FOR THE BLIND, INC. SUCH ORGANIZATION CREATES OPPORTUNITIES FOR PEOPLE WHO ARE BLIND OR VISUALLY IMPAIRED.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$234,020ExpenseAmt
Grant$234,020GrantAmt
DescTO SUPPORT BOSMA INDUSTRIES FOR THE BLIND, INC.Desc
Total Program Service Expenses$234,020TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (true)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentfalseReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (true)ConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesYes (true)FundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsYes (true)GrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Form8899 FiledindfalseForm8899Filedind
Form1098 C FiledfalseForm1098CFiledInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members10GoverningBodyVotingMembersCnt
Independent Voting Member9IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyfalseDocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldINStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonTERESA WATSONPersonNm
Phone3176840600PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line16270 CORPORATE DRIVEAddressLine1Txt
CityINDIANAPOLISCityNm
State AbbreviationINStateAbbreviationCd
ZIP46278ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (26 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeIndFormer Ofcr Director TrusteeFormerOfcrDirectorTrusteeIndHighest Compensated EmployeeHighestCompensatedEmployeeIndIndividual Trustee Or DirectorIndividualTrusteeOrDirectorInd
JEFFREY MITTMAN
DIRECTOR1.0040.00Yes (X)$0$576,686$2,406
TERESA WATSON
CFO0.0040.00$0$287,824$30,522Yes (X)
JAY GESHAY TERM 72023
CSO0.0040.00$0$264,857$20,680Yes (X)
DANA WERNER
CHIEF OPER.0.0040.00$0$264,962$12,693Yes (X)
LISE PACE
VP OF EXT AF0.0040.00$0$249,344$17,920Yes (X)
DOUGLAS PINGEL
VP OPERATION0.0040.00$0$246,466$19,057Yes (X)
JODI VIRGIL
VP HUMAN RES0.0040.00$0$216,693$30,291Yes (X)
JASON BAILEY
CHIEF TECH.0.0040.00$0$211,226$30,334Yes (X)
JAMES MICHAELS
VP PROGRAM S0.0040.00$0$185,873$30,279Yes (X)
BRANDON WELLS
EXECUTIVE DI10.0030.00Yes (X)$0$181,717$2,265
TONJA SAPRISSA
SENIOR MGR O0.0040.00$0$149,597$24,527Yes (X)
KRISTIN STICKLE
CONTROLLER0.0040.00$0$161,394$12,316Yes (X)
DANIEL BRILES
DIR OF COMP.0.0040.00$0$134,573$29,862Yes (X)
BRIAN PETRAITS
DIR OF MANUF0.0040.00$0$134,322$15,884Yes (X)
SHERI HOTTLE TERM 82023
VP OF COMM.0.0040.00$0$141,895$5,770Yes (X)
WILLIAM POWELL
DIR. OF ASSI0.0040.00$0$134,843$12,228Yes (X)
REBECCA EVANS
ACCOUNTING0.0040.00$127,058$0$17,459Yes (X)
CANDEE CHAMBERS
DIRECTOR1.000.00$0$0$0Yes (X)
RAYMOND COX
DIRECTOR1.000.00$0$0$0Yes (X)
CHRIS DUNLAVY
DIRECTOR1.001.00$0$0$0Yes (X)
MATT FREEL
DIRECTOR1.00$0$0$0Yes (X)
KEVIN MANDRELL
DIRECTOR1.001.00$0$0$0Yes (X)
GREGORY OTTINGER
DIRECTOR1.001.00$0$0$0Yes (X)
JEFF WEBER
DIRECTOR1.001.00$0$0$0Yes (X)
BRIAN BOSMA
CHAIRMAN1.001.00Yes (X)$0$0$0
STEPHEN M POWELL
VICE CHAIRMA1.001.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$127,058TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$3,542,272TotReportableCompRltdOrgAmt
Total Other Compensation$314,493TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedYes (true)FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Fundraising$124,018FundraisingAmt
Related Organizations$875,042RelatedOrganizationsAmt
All Other Contributions$141,962AllOtherContributionsAmt
Noncash Contributions$19,051NoncashContributionsAmt
Total Contributions$1,141,022TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$575,360TotalRevenueColumnAmt
Exclusion$575,360ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$25,943,400SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$24,071,849SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$1,871,551SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,871,551TotalRevenueColumnAmt
Related Or Exempt Func Income$1,426,279RelatedOrExemptFuncIncomeAmt
Exclusion$445,272ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$294,641FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$124,018ContriRptFundraisingEventAmt
Fundraising Direct Expenses$207,338FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$87,303TotalRevenueColumnAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,675,236TotalRevenueColumnAmt
Related Or Exempt Func Income$1,426,279RelatedOrExemptFuncIncomeAmt
Exclusion$1,020,632ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$234,020TotalAmt
Program Services$234,020ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$14,427TotalAmt
Management And General$14,427ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$49,456TotalAmt
Management And General$49,456ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
CONTRACTED SERVICES$700,000$104,500$595,500
BAD DEBT$19,011$19,011
PROJECT EXPENSE$8,682$8,682
BANK FEES$2,561$2,561

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$1,489TotalAmt
Management And General$1,125ManagementAndGeneralAmt
Fundraising$364FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,029,646TotalAmt
Program Services$234,020ProgramServicesAmt
Management And General$172,069ManagementAndGeneralAmt
Fundraising$623,557FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$524,543BOYAmt
EOY$1,105,232EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$40,961BOYAmt
EOY$12,204EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$32,865BOYAmt
EOY$66,106EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$15,935BOYAmt
EOY$8,920EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$12,282,389BOYAmt
EOY$13,787,540EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$581,890BOYAmt
EOY$642,500EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$13,478,583BOYAmt
EOY$15,622,502EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$9,890BOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$75,500BOYAmt
EOY$78,725EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$85,390BOYAmt
EOY$78,725EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$13,393,193BOYAmt
EOY$15,543,777EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$13,393,193BOYAmt
EOY$15,543,777EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$13,478,583BOYAmt
EOY$15,622,502EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$2,645,590ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$569,150NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$74,144OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consol And Sep Basis Fincl StmtYes (X)ConsolAndSepBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Supporting Organization509a3Yes (X)SupportingOrganization509a3Ind
Supporting Org Type1Yes (X)SupportingOrgType1Ind
IRS Written DeterminationYes (X)IRSWrittenDeterminationInd
Supported Organizations1SupportedOrganizationsCnt

Supported Org Information SupportedOrgInformationGrp

Supported Organization Name SupportedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1BOSMA INDUSTRIES FOR THE BLINDBusinessNameLine1Txt
FieldValueIRS element (for citing)
EIN311246086EIN
Organization Type10OrganizationTypeCd
Governing Document ListedYes (true)GoverningDocumentListedInd
Support$234,020SupportAmt
Other Support$0OtherSupportAmt
FieldValueIRS element (for citing)
Supported Organizations Total1SupportedOrganizationsTotalCnt
Support Sum$234,020SupportSumAmt
Other Support Sum$0OtherSupportSumAmt

Form990 Sch A Supporting Org Form990SchASupportingOrgGrp

FieldValueIRS element (for citing)
Listed By Name Governing DocYes (true)ListedByNameGoverningDocInd
Suprt Org No IRS DeterminationfalseSuprtOrgNoIRSDeterminationInd
Supported Org Section C456falseSupportedOrgSectionC456Ind
Supported Org Not Organized USfalseSupportedOrgNotOrganizedUSInd
Organization Change Suprt OrgfalseOrganizationChangeSuprtOrgInd
Support Non Supported OrgfalseSupportNonSupportedOrgInd
Payment Substantial ContribtrfalsePaymentSubstantialContribtrInd
Loan Disqualified PersonfalseLoanDisqualifiedPersonInd
Controlled Disqualified PrsnfalseControlledDisqualifiedPrsnInd
Disqualified Prsn Controll IntfalseDisqualifiedPrsnControllIntInd
Disqualified Prsn Ownr IntfalseDisqualifiedPrsnOwnrIntInd
Excess Business Holdings RulesfalseExcessBusinessHoldingsRulesInd
Contribution ControllerfalseContributionControllerInd
Contribution FamilyfalseContributionFamilyInd
Contribution35 ControlledfalseContribution35ControlledInd

Form990 Sch A Type1 Suprt Org Form990SchAType1SuprtOrgGrp

FieldValueIRS element (for citing)
Power Appoint Majority Dir TrstYes (true)PowerAppointMajorityDirTrstInd
Operate Benefit Non Suprt OrgfalseOperateBenefitNonSuprtOrgInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$13,087,245BeginningYearBalanceAmt
Contributions$274,153ContributionsAmt
Investment Earnings Or Losses$1,909,980InvestmentEarningsOrLossesAmt
Administrative Expenses$57,940AdministrativeExpensesAmt
End Year Balance$15,213,438EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$11,609,144BeginningYearBalanceAmt
Contributions$249,415ContributionsAmt
Investment Earnings Or Losses$1,265,839InvestmentEarningsOrLossesAmt
Administrative Expenses$37,153AdministrativeExpensesAmt
End Year Balance$13,087,245EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$13,046,253BeginningYearBalanceAmt
Contributions$194,875ContributionsAmt
Investment Earnings Or Losses-$1,591,845InvestmentEarningsOrLossesAmt
Administrative Expenses$40,139AdministrativeExpensesAmt
End Year Balance$11,609,144EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$10,183,099BeginningYearBalanceAmt
Contributions$229,784ContributionsAmt
Investment Earnings Or Losses$2,660,856InvestmentEarningsOrLossesAmt
Other Expenditures$9,039OtherExpendituresAmt
Administrative Expenses$18,447AdministrativeExpensesAmt
End Year Balance$13,046,253EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$10,292,515BeginningYearBalanceAmt
Contributions$258,088ContributionsAmt
Investment Earnings Or Losses$287,121InvestmentEarningsOrLossesAmt
Other Expenditures$638,626OtherExpendituresAmt
Administrative Expenses$15,999AdministrativeExpensesAmt
End Year Balance$10,183,099EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.65000BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.24000PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.11000TermEndowmentBalanceEOYPct
Endowments Held Unrelated OrgfalseEndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgfalseEndowmentsHeldRelatedOrgInd
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$3,130,774TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$569,150NetUnrealizedGainsInvstAmt
Other Revenue$74,144OtherRevenueAmt
Revenue Not Reported-$495,006RevenueNotReportedAmt
Revenue Subtotal$3,625,780RevenueSubtotalAmt
Other Revenues Not Included$49,456OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$49,456RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$3,675,236TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$980,190TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal$980,190ExpensesSubtotalAmt
Other Expenses Not Included$49,456OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$49,456ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$1,029,646TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE D, PAGE 2, PART V, LINE 4TO SUPPORT THE ORGANIZATION'S MISSION.
SCHEDULE D, PAGE 3, PART XMANAGEMENT EVALUATES ALL TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON ITS ANNUAL INFORMATION RETURNS, INCLUDING THE POSITION THAT THE FOUNDATION CONTINUES TO QUALIFY TO BE TREATED AS A SECTION 501(C)(3) ORGANIZATION FOR BOTH FEDERAL AND STATE PURPOSES. FOR THE YEARS ENDED JUNE 30, 2024 AND JUNE 30, 2023, MANAGEMENT DOES NOT FEEL IT HAS TAKEN ANY TAX POSITIONS THAT WOULD NOT BE SUSTAINED UNDER EXAMINATION. THEREFORE, NO INTEREST OR PENALTIES HAVE BEEN ACCRUED OR CHARGED TO EXPENSE AS OF JUNE 30, 2024 AND JUNE 30, 2023, OR THE PERIODS THEN ENDED. THE ANNUAL INFORMATION RETURNS FOR THE FOUNDATION ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES FOR A PERIOD OF THREE YEARS FROM THE DATE THEY ARE FILED.
SCHEDULE D, PAGE 4, PART XI, LINE 2DCHANGE IN VALUE 74,144
SCHEDULE D, PAGE 4, PART XI, LINE 4BINVESTMENT FEES 49,456
SCHEDULE D, PAGE 4, PART XII, LINE 4BINVESTMENT FEES 49,456

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1DINING IN THE DEvent1Nm
Gross Receipts Event1$319,044GrossReceiptsEvent1Amt
Charitable Contri Event1$106,583CharitableContriEvent1Amt
Gross Revenue Event1$212,461GrossRevenueEvent1Amt
Non Cash Prizes Event1$40,515NonCashPrizesEvent1Amt
Rent Facility Costs Event1$10,392RentFacilityCostsEvent1Amt
Food And Beverage Event1$52,094FoodAndBeverageEvent1Amt
Entertainment Event1$500EntertainmentEvent1Amt
Other Direct Expenses Event1$41,149OtherDirectExpensesEvent1Amt
Event2VISIONARY GOLFEvent2Nm
Gross Receipts Event2$50,925GrossReceiptsEvent2Amt
Charitable Contri Event2$3,515CharitableContriEvent2Amt
Gross Revenue Event2$47,410GrossRevenueEvent2Amt
Non Cash Prizes Event2$3,835NonCashPrizesEvent2Amt
Rent Facility Costs Event2$26,394RentFacilityCostsEvent2Amt
Food And Beverage Event2$2,257FoodAndBeverageEvent2Amt
Other Direct Expenses Event2$4,744OtherDirectExpensesEvent2Amt
Other Events Total2OtherEventsTotalCnt
Gross Receipts Other Events$48,690GrossReceiptsOtherEventsAmt
Charitable Contri Other Events$13,920CharitableContriOtherEventsAmt
Gross Revenue Other Events$34,770GrossRevenueOtherEventsAmt
Rent Fclty Costs Other Events$8,115RentFcltyCostsOtherEventsAmt
Food And Beverage Other Events$9,598FoodAndBeverageOtherEventsAmt
Oth Direct Expnss Other Events$7,745OthDirectExpnssOtherEventsAmt
Gross Receipts Total$418,659GrossReceiptsTotalAmt
Charitable Contributions Tot$124,018CharitableContributionsTotAmt
Gross Revenue Total Events$294,641GrossRevenueTotalEventsAmt
Non Cash Prizes Total Events$44,350NonCashPrizesTotalEventsAmt
Rent Fclty Costs Total Events$44,901RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$63,949FoodAndBeverageTotalEventsAmt
Entertainment Total Events$500EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events$53,638OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$207,338DirectExpenseSummaryEventsAmt
Net Income Summary$87,303NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedfalseGrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1BOSMA INDUSTRIES FOR THE BLIND INCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line16270 CORPORATE DRIVEAddressLine1Txt
CityINDIANAPOLISCityNm
State AbbreviationINStateAbbreviationCd
ZIP46278ZIPCd
FieldValueIRS element (for citing)
Recipient EIN311246086RecipientEIN
IRC Section501C3IRCSectionDesc
Cash Grant$234,020CashGrantAmt
Purpose Of GrantPROVIDE SUPPORTPurposeOfGrantTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance PaymentfalseSeverancePaymentInd
Supplemental Nonqual Rtr PlanfalseSupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgfalseCompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related OrgsfalseCompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng OrgfalseCompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd OrgsfalseCompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsfalseAnyNonFixedPaymentsInd
Initial Contract ExceptionfalseInitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (15 entries)

TitleTitleTxtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmt
JEFFREY MITTMAN
DIRECTOR$326,835$235,175$14,676$2,406$579,092
TERESA WATSON
CFO$190,694$84,950$12,180$30,522$318,346
JAY GESHAY TERM 72023
CSO$202,523$54,847$7,487$20,680$285,537
DANA WERNER
CHIEF OPER. OFFICER$174,699$77,987$12,276$12,693$277,655
LISE PACE
VP OF EXT AFFAIRS$173,057$63,794$12,493$17,920$267,264
DOUGLAS PINGEL
VP OPERATIONS$163,896$69,778$12,792$19,057$265,523
JODI VIRGIL
VP HUMAN RESOURCES$142,231$62,300$12,162$30,291$246,984
JASON BAILEY
CHIEF TECH. OFFICER$159,930$39,035$12,261$30,334$241,560
JAMES MICHAELS
VP PROGRAM SERVICES$144,888$28,280$12,705$30,279$216,152
BRANDON WELLS
EXECUTIVE DIRECTOR$143,850$25,753$12,114$2,265$183,982
TONJA SAPRISSA
SENIOR MGR OF SALES$114,429$35,003$165$24,527$174,124
KRISTIN STICKLE
CONTROLLER$131,771$29,525$98$12,316$173,710
DANIEL BRILES
DIR OF COMP. & INNOV$111,694$22,818$61$29,862$164,435
BRIAN PETRAITS
DIR OF MANUFACTURING$110,830$23,439$53$15,884$150,206
SHERI HOTTLE TERM 82023
VP OF COMM. SALES$99,148$35,590$7,157$5,770$147,665

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PAGE 6, PART VI, LINE 11BA COPY OF FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE.
FORM 990, PAGE 6, PART VI, LINE 12CTHE ORGANIZATION'S BOARD OF DIRECTORS REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY.
FORM 990, PAGE 6, PART VI, LINE 19THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART XI, LINE 9CHANGE IN BENEFICIAL INTEREST 74,144

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1BOSMA INDUSTRIES FOR THE BLIND INCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line16270 CORPORATE DRIVEAddressLine1Txt
CityINDIANAPOLISCityNm
State AbbreviationINStateAbbreviationCd
ZIP46278ZIPCd
FieldValueIRS element (for citing)
EIN311246086EIN
Primary ActivitiesSUPPORTPrimaryActivitiesTxt
Legal Domicile StateINLegalDomicileStateCd
Exempt Code Section501CExemptCodeSectionTxt
Public Charity Status7PublicCharityStatusTxt
Direct Controlling NAN/ADirectControllingNACd
Controlled OrganizationfalseControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (true)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgYes (true)GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgfalseRentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgYes (true)PerformOfServicesForOthOrgInd
Perform Of Services By Other OrgYes (true)PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (true)SharingOfFacilitiesInd
Paid Employees SharingYes (true)PaidEmployeesSharingInd
Reimbursement Paid To Other OrgYes (true)ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgYes (true)ReimbursementPaidByOtherOrgInd
Transfer To Other OrgfalseTransferToOtherOrgInd
Transfer From Other OrgfalseTransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (3 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
BOSMA INDUSTRIES FOR THE BLIND INC
M$700,000COST
BOSMA INDUSTRIES FOR THE BLIND INC
B$234,020FAIR MARKET VALUE
BOSMA INDUSTRIES FOR THE BLIND INC
C$875,042FAIR MARKET VALUE

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