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Winston Salem Industries for the Blind

Also known as Ifb Solutions

Winstonsalem, NC · EIN 56-6001467 · 501(c)(3) · Publicly supported organization (509(a)(2))
Latest filing: Form 990 for the fiscal year ending September 30, 2025 (tax year 2024) · View the filing · Correct or respond

Winston Salem Industries for the Blind reported $25.9 million in revenue and $24.1 million in expenses for the fiscal year ending September 30, 2025. Of every $100 it spent, $59.88 went to program services, $38.49 to management and general costs and $1.63 to fundraising. Its largest source of revenue was contributions and grants: 6.4% of the total. The highest compensation it reported for one person was $528,927 (PRESIDENT / CEO). 23 people received more than $100,000 in reportable compensation. Revenue fell 34% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending September 30, 2025 · Form 990, Part IX, line 25 · total expenses $24M

For context, the median across 409 covered employment charities: $88.97 programs, $11.03 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending September 30, 2025 · Form 990, Part VIII · total revenue $26M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 409 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
59.9%88.0%
Management & general
Part IX 25(C) ÷ 25(A)
38.5%10.9%
Fundraising
Part IX 25(D) ÷ 25(A)
1.6%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.24$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
6.4%22.8%
Government grants share of revenue
Part VIII 1e ÷ 12
0.6%1.4%
Program service revenue share
Part VIII 2g ÷ 12
0.0%62.6%
Highest reported compensation
Part VII-A, columns D–F
$528,927$297,435
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
2.19%1.26%
People paid over $100,000
Part VII, line 2
236
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
11.58.1
Independent voting board members
Part VI 1a–1b
14 of 14100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$14M expenses · 100.0% of program spending · grants $7,000 · revenue $24M

Operation of a qualified abilityone agency: in fiscal year 2025, ifb solutions provided essential training, employment and services for people who are blind or visually impaired through large-scale manufacturing operations, base supply center retail and online stores, remote work opportunities through workforce services and community outreach. With a focus on creating fulfilling career paths, ifb solutions builds life-changing opportunities for a critically underemployed population. For those new to the workforce, ifb's packaging and assembly operations offer opportunities of informed choice…

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRESIDENT / CEO
Officer, 40.0 hrs/week
$464,322$0$64,605$528,927
CHIEF SUPPLY CHAIN OFFICER
Officer, 40.0 hrs/week
$294,425$0$31,237$325,662
VP OF IT & E-COMMERCE
Officer, 40.0 hrs/week
$243,660$0$38,391$282,051
CHIEF FINANCIAL OFFICER
Officer, 40.0 hrs/week
$244,112$0$13,505$257,617
VP OF MANUFACTURING OPERATIONS
Officer, 40.0 hrs/week
$215,168$0$17,112$232,280
SR DIRECTOR OF MARKETING & DEVELOPMENT
Officer, 40.0 hrs/week
$187,287$0$13,200$200,487
DIRECTOR OF ACCOUNTING
Highest compensated employee, 40.0 hrs/week
$168,086$0$1,815$169,901
DIRECTOR OF MAJOR GIFTS
Highest compensated employee, 40.0 hrs/week
$160,779$0$2,768$163,547

23 people received more than $100,000 in reportable compensation from Winston Salem Industries for the Blind (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.6M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$10M$20M$30M$40MFY2020FY2021FY2022FY2023FY2024FY2025$26M$24M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$26M$24M59.9%$23M$528,927
FY2024 ⓘ$24M$24M61.0%$21M$515,750
FY2023 ⓘ$17M$25M63.9%$21M$393,711
FY2022 ⓘ$11M$32M58.9%$20M$545,508
FY2021 ⓘ$36M$35M72.9%$41M$533,564
FY2020 ⓘ$39M$39M77.2%$40M$730,728

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b14 · 14 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5680
  • Volunteers Part I, line 640

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
SOUTHEASTERN OCCUPATIONAL SERVICES PA
Medical services
$272,563
FORVIS MAZARS LLP
Accounting services
$180,610
FAEGRE DRINKER BIDDLE & REATH LLP
Professional services - legal
$118,111

Individuals listed as contractors are left out. 3 contractors were paid more than $100,000 in all.

Private foundation grants it received

5 private foundations reported grants to Winston Salem Industries for the Blind totaling $106K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Winston Salem Industries for the Blind's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Winston Salem Industries for the Blind, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All employment charities · Largest charities in North Carolina

Questions people ask

How much of Winston Salem Industries for the Blind's spending goes to programs?

In the fiscal year ending September 30, 2025, Winston Salem Industries for the Blind reported that 59.9% of its $24.1 million in expenses went to program services, 38.5% to management and general and 1.6% to fundraising (Form 990, Part IX).

How much does Winston Salem Industries for the Blind pay its top executive?

The largest total compensation Winston Salem Industries for the Blind reported for one person in the fiscal year ending September 30, 2025 was $528,927, for the role of PRESIDENT / CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Winston Salem Industries for the Blind get its money?

Of $25.9 million in revenue in the fiscal year ending September 30, 2025, 6.4% came from contributions and grants (including 0.6% from government grants) and 0.0% from program service revenue (Form 990, Part VIII).

Is Winston Salem Industries for the Blind a registered charity?

The IRS lists EIN 56-6001467 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending September 30, 2025, object 202612269349302751 · read the filing
  • FY2024: Form 990 for the fiscal year ending September 30, 2024, object 202532259349303123 · read the filing
  • FY2023: Form 990 for the fiscal year ending September 30, 2023, object 202412269349301571 · read the filing
  • FY2022: Form 990 for the fiscal year ending September 30, 2022, object 202312279349303871 · read the filing
  • FY2021: Form 990 for the fiscal year ending September 30, 2021, object 202202279349304100 · read the filing
  • FY2020: Form 990 for the fiscal year ending September 30, 2020, object 202102289349303575 · read the filing

All filings for EIN 56-6001467: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.