2025-08-13T17:25:57+00:00 2024-09-30 440160260 Forvis Mazars LLP 4161 Piedmont Parkway Suite 310 Greensboro NC 27410 990 2023-10-01 566001467 Winston Salem Industries for the Blind Inc WINS 3367590551 7730 North Point Drive WinstonSalem NC 27106 Jason Moser CFO 3367590551 2025-08-13 true true Brian Doud P01748393 3368895156 2025-08-11 2023 2025-03-06 01:10:19Z IFB Solutions Daniel Kelly 7730 North Point Drive WinstonSalem NC 27106 135800747 false X ifbsolutions.org X 1936 NC TO TRAIN, EMPLOY and serve VISUALLY-IMPAIRED INDIVIDUALS. 15 15 717 40 0 0 1023144 2036806 0 1346201 82002 14372039 22298798 16741384 24417606 18000 17880 0 11797776 11985821 0 442946 13191866 11974601 25007642 23978302 -8266258 439304 54582854 49755728 33816865 28340960 20765989 21414768 to provide opportunities for persons who are blind or visually-impaired and are in need of training, employment and services. false false 14617762 17880 22292394 OPERATION OF A QUALIFIED ABILITYONE AGENCY: IN FISCAL YEAR 2024, 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 AS CRITICAL ENTRY POINTS TO EMPLOYMENT WHILE ALSO CREATING A GROWING NUMBER OF COMPETITIVE AND INTEGRATED SKILL-BASED TECHNICAL POSITIONS SUPPORTED BY EXTENSIVE IN-PERSON TRAINING. ADDITIONALLY, IFB workforce services division offers work-from-home opportunities for those who cannot relocate or access transportation. ifb also provides support to those who are blind or visually impaired on a statewide level through its community low vision centers, community outreach and through programming for children who are blind. During fiscal year 2024, this work resulted in the employment of 374 individuals who are blind or visually impaired, generating 454,348 hours worked by people who are blind. 14617762 true true false true false false false false true true false false false true true false true false false false false false false true false false false true true false false false false false false false true false false false false false true true true false false true 76 0 true 717 true false false false false false true true false false false false false false X 15 15 false false false false false false false true true false false true true true true true true true true false X Jason Moser 3362455648 7730 North Point Drive WinstonSalem NC 27106 HEATHER ROBINSON Chair, Director 1.0 X X 0 0 0 MARK DOUGHTON Treasurer, Director 1.0 X X 0 0 0 Michael Rhoades SecRETARY, DIRECTOR 1.0 X X 0 0 0 Tom Serrin Vice Chair, Director 1.0 X X 0 0 0 ANDREW PRUETTE DIRECTOR 1.0 X 0 0 0 ANN Johnston Director 1.0 X 0 0 0 Cathy Critz DIRECTOR 1.0 X 0 0 0 DAVE PLYLER DIRECTOR 1.0 X 0 0 0 ERIK COBHAM Director 1.0 X 0 0 0 JAMES TAYLOR Jr DIRECTOR 1.0 X 0 0 0 JOHN GOOGE DIRECTOR Emeritus 1.0 X 0 0 0 Jose Rizo-patron DIRECTOR 1.0 X 0 0 0 KAREN CAREY DIRECTOR 1.0 X 0 0 0 MIKE FAIRCLOTH Director 1.0 X 0 0 0 Russ Stinehour Director 1.0 X 0 0 0 Samuel Richardson DIRECTOR 1.0 X 0 0 0 DANIEL KELLY PreSIDENT / CEO 40.0 X 446533 0 69217 JASON MOSER Chief FINANCIAL OFFICER 40.0 X 202407 0 14112 KENNETH EDWARDS Chief Supply Chain Officer 40.0 X 276856 0 29282 RANDY BUCKNER VP OF MANUFACTURING OPERATIONS 40.0 X 173231 0 21879 Seth Anderson Sr Director of Marketing & Development 40.0 X 153218 0 14308 VASHUDA RANGAPATHY VP OF IT & E-COMMERCE 40.0 X 229910 0 40342 DANIEL CARSON DIRECTOR OF GOVERNMENT MARKETS 40.0 X 158978 0 1590 David Newsome Director of BSC Operations 40.0 X 127061 0 7587 George Doughton III Director of Major Gifts 40.0 X 135104 0 23636 Natalya McCandless Director of Accounting 40.0 X 161701 0 4501 Pedro Rojas Director of Manufacturing - Winston Salem 40.0 X 128252 0 14025 David Hampton Former VP of Human Resources 1.0 X 131408 0 345 David Horton Former Chief Executive Officer 1.0 X 134561 0 10114 SILAS MARTIN Former CHIEF OPERATING OFFICER 40.0 X 333875 0 18013 2793095 0 268951 25 true true false Southeastern Occupational Services PA 3309 Healy Drive A WinstonSalem NC 27103 Medical Services 268190 Here '2 There Van Service 3790 Bethania Station Road WinstonSalem NC 27106 Transportation Services 160574 Sunrise Technologies 525 Vine Street Suite 210 WinstonSalem NC 27101 IT Services 153941 FORVIS MAZARS LLP 910 E St Louis Street Suite 400 Springfield MO 65806 Accounting Services 117906 98 167558 1869248 11747 2036806 0 0 0 0 0 63039 63039 0 0 1068 42810 725 24190 343 18620 18963 18963 21944 167558 51881 -29937 -29937 133598739 111306345 22292394 22292394 Miscellaneous Income 901101 36341 36341 0 0 0 0 36341 24417606 22292394 0 88406 17880 17880 1482154 706758 734484 40912 5835052 2994939 2653052 187061 777152 370581 385119 21452 3195177 1298054 1835143 61980 696286 345052 331796 19438 85692 85692 137592 137592 87056 87056 5365 5365 1976171 1053033 915534 7604 522600 94697 410230 17673 421963 345452 76511 229929 105971 103727 20231 424074 424074 4831181 4819359 11617 205 2009954 1166428 843526 Miscellaneous and Other Expenses 529329 462939 66390 Restructuring Charges 490780 189630 301150 Asset Impairment 222915 222915 0 0 0 0 23978302 14617762 8917594 442946 1614469 1626579 54721 445876 11221579 7971906 0 0 0 0 26380316 25462083 312621 351448 23974545 14283277 10433472 9691268 0 0 2795392 2468451 1770284 1738117 54582854 49755728 28550604 23962971 0 0 4005886 3748137 1260375 629852 33816865 28340960 20204355 20383575 561634 1031193 20765989 21414768 54582854 49755728 X 439304 39451 59247 5365 28110 77302 X false true X true false X 1579401 8221904 1675813 1023144 2036806 14537068 215826289 200820581 130485398 131599176 133598739 812330183 0 0 0 217405690 209042485 132161211 132622320 135635545 826867251 19430 138388 200390 17000 151269 526477 138960353 131666380 79137813 85935224 92850254 528550024 138979783 131804768 79338203 85952224 93001523 529076501 297790750 8662 11486 22666 69136 63039 174989 0 8662 11486 22666 69136 63039 174989 0 770329 38576 1449617 201833 36341 2496696 218184681 209092547 133633494 132893289 135734925 829538936 0.3590 0.3542 0 0.0002 X Schedule A, Part III, Line 12 Other Income DESCRIPTION - MISCELLANEOUS, COLUMN A - 770329.0, COLUMN B - 38576.0, COLUMN C - 1449617.0, COLUMN D - 201833.0, COLUMN E - 36341.0, COLUMN F - 2496696.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false true 87056 false false 87056 false Schedule C, Part II-B, Line 1 DETAILED DESCRIPTION OF THE LOBBYING ACTIVITY direct contact: Fees were paid to Faegre Drinker Biddle & Reath LLP and LC Industries, Inc. to assist IFB Solutions' efforts to educate Congress on the importance of protecting the jobs of people who are blind and working on AbilityOne contracts. This remains a critically important effort to protect the AbilityOne program's authorizing legislation on which 85% of IFB Solutions' mission-related revenue is dependent to drive long-term sustainable employment for people who are blind. 407885 0 61911 0 0 0 469796 387760 0 28125 8000 0 0 407885 463607 0 -51350 20000 0 4497 387760 383966 0 83819 0 0 4178 463607 380600 0 14635 7570 0 3699 383966 0.0 1.0 0.0 true false 1002812 1002812 13536674 8493705 5042969 302214 189993 112221 4007786 2254296 1753490 5125059 3345283 1779776 9691268 Deferred Compensation 198000 Deferred Gain on Sale-Leaseback Earnout Provision 285000 Operating Lease 146852 Other Long-Term Liabilities 629852 X Schedule D, Part V, Line 4 Intended uses of endowment funds THE ENDOWMENT WAS ESTABLISHED TO PROVIDE A PERMANENT FUND WHICH MAY BE USED TO SUPPORT THE ONGOING NEEDS OF IFB. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote Winston-Salem Industries for the Blind, Inc. (IFB) is exempt from federal income tax under Section 501(c)(3) of the Internal Revenue Code. In addition, IFB qualifies for the charitable contribution deduction under Section 170(B)(1)(A) and has been classified as an organization other than a private foundation under Section 509(A)(1). The organization has determined that it does not have any material unrecognized tax benefits or obligations as of September 30, 2024. Golf Tournament 189502 167558 21944 5000 46881 0 0 189502 167558 21944 5000 46881 51881 -29937 true Scholarship 5 8000 IFB EMPLOYEES & THEIR RELATIVES Camp Hanes YMCA 11 9880 FEES FOR CHILDREN TO ATTEND SUMMER CAMP Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds IFB offers two scholarships, one of which is available only to eligible sighted, blind and visually-impaired employees who are full-time and have one year of service and the other scholarship is available only to eligible blind and visually-impaired employees and their dependents. To be eligible for these scholarships a candidate must be accepted to, or currently attending, a post-secondary educational institution. Each candidate must submit a scholarship application, evidence of acceptance or attendance, and the bill for tuition from their respective schools. Scholarship recipients are chosen from the pool of candidates by a committee consisting of Human Resources and Executive management. The amounts of individual scholarship awards are determined based on the individual's cost of tuition and the number of candidates applying for each scholarship. Also provided is tuition reimbursement for sighted, blind and visually-impaired employees. Employees wishing to receive reimbursement must complete a request form detailing the courses they wish to take and how those courses contribute to their current position within the company. These forms are reviewed and approved by the immediate supervisor and the HUMAN RESOURCEs MANAGERs. Upon completion of the course(s), the employee submits a grade report, and as long as a grade of C or better is received the employee is reimbursed for the cost of tuition. X X true true X X X X X true true false false false true false false false SILAS MARTIN Former CHIEF OPERATING OFFICER 199352 0 134523 0 0 0 3300 0 14713 0 351888 0 134523 0 David Horton Former Chief Executive Officer 91031 0 43530 0 0 0 1356 0 8758 0 144675 0 43530 0 David Hampton Former VP of Human Resources 117723 0 13685 0 0 0 345 0 0 0 131753 0 13685 0 DANIEL KELLY PreSIDENT / CEO 306310 0 120102 0 20121 0 42446 0 26771 0 515750 0 80955 0 KENNETH EDWARDS Chief Supply Chain Officer 212977 0 62991 0 888 0 22975 0 6307 0 306138 0 37825 0 VASHUDA RANGAPATHY VP OF IT & E-COMMERCE 173713 0 55936 0 261 0 13571 0 26771 0 270252 0 37265 0 JASON MOSER Chief FINANCIAL OFFICER 187227 0 15000 0 180 0 2039 0 12073 0 216519 0 0 0 RANDY BUCKNER VP OF MANUFACTURING OPERATIONS 160096 0 12500 0 635 0 1796 0 20083 0 195110 0 0 0 Seth Anderson Sr Director of Marketing & Development 142942 0 10162 0 114 0 1589 0 12719 0 167526 0 0 0 Natalya McCandless Director of Accounting 146257 0 15317 0 127 0 1670 0 2831 0 166202 0 0 0 DANIEL CARSON DIRECTOR OF GOVERNMENT MARKETS 153026 0 5108 0 844 0 1590 0 0 0 160568 0 0 0 George Doughton III Director of Major Gifts 134996 0 108 0 0 0 1439 0 22197 0 158740 0 0 0 Schedule J, Part I, Line 1a Tax indemnification and gross-up payments IFB does, from time to time, gross up certain payments made to officers and key employees. Schedule J, Part I, Line 1a Personal services IFB provides a driver for Daniel Kelly, President / CEO, who is blind. Schedule J, Part I, Line 4a Severance or change-of-control payment Silas Martin, former chief operations officer, received a severance payment of $167,450.00. David Hampton, former vice president of human resources, received a severance payment of $96,861.72 Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan IFB SPONSORS A 457(F) DEFERRED COMPENSATION RETIREMENT PLAN IN WHICH THE FOLLOWING EMPLOYEES PARTICIPATE. AMOUNTS SHOWN REPRESENT PAYMENTS MADE FROM THE PLAN DURING 2023. THESE AMOUNTS ARE INCLUDED IN SCHEDULE J, PART II, COLUMN (B)(II), AS APPLICABLE. The amounts contain compensation reported as deferred on prior forms 990 and included in Schedule J, Part II, Column (f). DANIEL KELLY ($80,955) / ($80,955) compensation reported as deferred on prior form 990 KENNETH EDWARDS ($37,825) / ($37,825) compensation reported as deferred on prior form 990 VASUDHA RANGAPATHY ($37,265) / ($37,265) compensation reported as deferred on prior form 990 SILAS MARTIN ($134,523) / ($134,523) compensation reported as deferred on prior form 990 DAVID HORTON ($43,530) / ($43,530) compensation reported as deferred on prior form 990 DAVID HAMPTON ($13,685) / ($13,685) compensation reported as deferred on prior form 990 Schedule J, Part I, Line 6a Compensation contingent on net earnings of the organization IFB maintains the Gainshare Incentive Program for the benefit of all employees NOT PARTICIPATING IN THE 457(F) DEFERRED COMPENSATION RETIREMENT PLAN. This incentive program is based on the attainment of operating results for financial AND MISSION metrics/performance targets that exceed those targets established by the organization's Board of Directors. Erik Cobham Director 671096 Vendor payments to employer of interested person. false Form 990, Part VI, Line 1a Delegate broad authority to a committee All members of the Board of Directors, except those who are considered to be ex-officio (non-voting) members as prescribed by the organization's bylaws, have full and equal voting rights with respect to all matters that come for the consideration of the Board of Directors. If the term of office as a Director has ended, the immediate past Chair of the Board becomes an ex-officio board member for a term of one year once that individual's term as Chair of the Board ends, and during that time period, has no voting rights relating to matters before the Board. The Board-appointed Executive Committee has and may exercise all of the authority and powers of the full Board of Directors in the management of the organization during intervals between regularly-scheduled Board meetings. Form 990, Part VI, Line 11b Review of form 990 by governing body After review by financial management personnel at IFB, the Form 990 is distributed to all members of the Audit Committee of the board, the governance body charged with approval of the filing of the return, in advance of a scheduled meeting of the Audit Committee for the purpose of conducting a detailed review of the Form 990. The Chief Financial Officer (CFO) and a representative from IFB's tax return preparer meet with the Audit Committee for an in-depth review of the Form 990. From this meeting, the Audit Committee approves the return for filing as prepared, or with agreed-upon changes. A copy of the Form 990, as approved by the audit committee, is distributed to all members of the Board of Directors prior to timely filing with the IRS. Form 990, Part VI, Line 12c Conflict of interest policy ON AN ANNUAL BASIS, THE CORPORATE GOVERNANCE COMMITTEE OF THE BOARD OF DIRECTORS DISTRIBUTES A CONFLICTS OF INTEREST DISCLOSURE STATEMENT TO ALL BOARD MEMBERS, OFFICERS, AND KEY EMPLOYEES. THE COMMITTEE, ALONG WITH COMPLIANCE PERSONNEL, EXAMINE THE COMPLETED STATEMENTS AND PROMPTLY INVESTIGATE AND RESOLVE ANY REAL OR PERCEIVED CONFLICTS. Form 990, Part VI, Line 15a Process to establish compensation of top management official Annual compensation of the president/CEO is set by the Board of Directors. The Board conducts annual performance evaluations of the president/CEO, and along with the results of the evaluations, the Board uses periodic compensation surveys conducted by outside consultants and consults comparative compensation data related to the compensation packages of top executives at organizations of similar size and mission, including examination of the organizations' forms 990, in order to determine the compensation of the president/CEO on a yearly basis. For other officers and key employees, annual compensation is set by the president/CEO. The president/CEO conducts an annual performance evaluation for each officer and key employee, and along with the results of the evaluation, the president/CEO consults comparative compensation data related to officers and key employees at organizations of similar size and mission, including examination of the organizations' forms 990, in order to determine each officer's and key employee's compensation on a yearly basis. Form 990, Part VI, Line 19 Required documents available to the public All governing documents are maintained by the executive assistant to the president/CEO. This employee makes these documents available upon request. The financial statements are maintained by the CFO. The CFO makes these statements, as disclosed in the form 990, available upon request. The conflict of interest policy is maintained by the Corporate Governance committee of the Board of Directors. The committee chair makes this policy available upon request. Form 990, Part XI, Line 9 Other changes in net assets or fund balances Transfer to (From) Affiliates - 77302; Form 990, Part XII, Line 2c No change from the prior year. IFB Solutions Foundation Inc 7730 North Point Drive WinstonSalem NC 27106 263376328 Supporting Winston-Salem Industries for the Blind, Inc. NC 501(c)(3) Type I NA true false false false false false false false false false false false false false true true false false false true IFB Solutions Foundation Inc O 40000 Fair Value of Services Rendered IFB Solutions Foundation Inc N 20000 FMV IFB Solutions Foundation Inc S 77302 FMV