2024-06-06T16:51:55-04:00 2023-12-31 382300227 CONDON HECHT BISHER WADE & CO PC 184 W CARLETON ROAD HILLSDALE MI 49242 990 2023-01-01 383387837 MICHIGAN BRAILLE TRANSCRIBING FUND INC MICH 5177805096 3500 NORTH ELM ROAD JACKSON MI 49201 CINDY OLMSTEAD CEO/PRES. 5177805096 2024-05-08 true CINDY OLMSTEAD XXX-XX-XXXX false JASON M WADE CPA P01671165 5174399331 2024-05-08 2023 2023-04-26 12:10:37Z CINDY OLMSTEAD 3500 NORTH ELM ROAD JACKSON MI 49201 1159678 false X WWW.MI-BRAILLE.ORG X 1997 MI TO PRODUCE THE BEST BRAILLE MATERIALS ESSENTIAL FOR THE EDUCATIONAL NEEDS AND PURSUIT OF INDEPENDENCE FOR THE BLIND AND VISUALLY IMPAIRED. 10 10 7 0 74283 254943 740895 863802 34076 40933 0 849254 1159678 0 0 319127 400969 0 0 670089 772619 989216 1173588 -139962 -13910 3240063 3561263 114030 210410 3126033 3350853 TO PRODUCE THE BEST BRAILLE MATERIALS ESSENTIAL FOR THE EDUCATIONAL NEEDS AND PURSUIT OF INDEPENDENCE FOR THE BLIND AND VISUALLY IMPAIRED. false false 769437 863802 TO TRANSCRIBE BOOKS AND OTHER MATERIAL INTO BRAILLE AS REQUESTED BY SCHOOLS AND SOCIAL SERVICE AGENCIES. 769437 true false false true false false false false false false true false false false true false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 13 0 7 true false false false false false false false false false false false false false false X 10 10 false false false false false false false true true false false true true true true false true true false false MI X CINDY OLMSTEAD 5177805096 3500 NORTH ELM ROAD JACKSON MI 49201 CINDY OLMSTEAD CEO/PRES. 40.00 X 119908 0 0 MICHAEL BROWN VICE CHAIRMA 1.00 X X 0 0 0 ROGER CHARD DIRECTOR 1.00 X 0 0 0 DAVID DESNOYER SECRETARY 1.00 X X 0 0 0 RICHARD FOUST TREASURER 1.00 X X 0 0 0 PHILIP HOFFMAN CHAIRMAN 1.00 X X 0 0 0 JEREMY HOWARD DIRECTOR 1.00 X 0 0 0 NOAH NAGY DIRECTOR 1.00 X 0 0 0 JAMES PHILO DIRECTOR 1.00 X 0 0 0 JEFFREY ROUTSON DIRECTOR 1.00 X 0 0 0 CRYSTAL YACHCIK DIRECTOR 1.00 X 0 0 0 119908 1 false false false 759 254184 254943 BRAILLE DUPLICATION SALES 803504 803504 BRAILLE EQUIPMENT REPAIR 60298 60298 863802 40933 40933 1159678 904735 X 334464 167232 167232 37638 18819 18819 28867 14433 14434 5000 5000 13376 13376 19200 19200 21925 21925 322899 313100 9799 25022 23353 1669 72774 72774 9541 7633 1908 1630 1630 480736 478711 2025 PRODUCTION SUPPLIES 104765 104765 OTHER 39035 39035 LEASED EQUIPMENT 11420 5710 5710 BOARD EXPENSE 6236 6236 -360940 -365949 5009 1173588 769437 404151 0 225889 324024 71740 171961 267963 51024 71770 742226 627509 110629 114717 1772252 1891398 836568 754780 136611 3240063 3561263 79180 13346 34850 86103 110961 114030 210410 X 3126033 3350853 3126033 3350853 3240063 3561263 -13910 252997 -14267 X false true X true false X 2504 50117 23556 74283 254943 405403 770529 461325 538370 774971 904735 3449930 42854 42854 42854 42854 42854 214270 815887 554296 604780 892108 1202532 4069603 4069603 59968 59968 59968 59968 875855 554296 604780 892108 1202532 4129571 0.98550 0.96960 0.01000 0.03000 X false false false false false false false false true 14700 14700 false SCHEDULE C, PART II-B, LINE 1 MICHIGAN BRAILLE TRANSCRIBING FUND, INC PAYS A CONSULTANT TO MEET WITH SENATORS AND LEGISLATORS IN ORDER TO ENSURE THE COMPANY IS INCLUDED IN THE ANNUAL APPROPRIATIONS BILL FOR THE MICHIGAN DEPARTMENT OF CORRECTIONS. IF MICHIGAN BRAILLE TRANSCRIBING FUND, INC WERE NOT INCLUDED IN THE APPROPRIATIONS BILL, THEY WOULD NOT BE ABLE TO CONTINUE OPERATIONS AT THEIR CURRENT LOCATION (INSIDE DEPARTMENT OF CORRECTIONS FACILITY). IN ADDITION, THE CONSULTANT INFORMS THE ORGANIZATION OF ANY HOUSE/SENATE BILLS THAT MAY BE PASSED THAT WILL HAVE A DIRECT EFFECT ON THEM. 742226 627509 114717 114717 OTHER LIABILITIES 110961 110961 1433604 252997 42854 295851 1137753 21925 21925 1159678 1208784 57121 57121 1151663 21925 21925 1173588 FORM 990, PAGE 6, PART VI, LINE 11B UPON COMPLETION OF FORM 990, A COPY IS PROVIDED TO THE TREASURER FOR APPROVAL PRIOR TO FILING. COPIES ARE MADE AVAILABLE TO ALL MEMBERS OF THE GOVERNING BODY BOTH BEFORE AND AFTER THE FORM HAS BEEN FILED. FORM 990, PAGE 6, PART VI, LINE 12C ALL MEMBERS OF THE GOVERNING BODY ARE REQUIRED TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST ANNUALLY. ALL CONFLICTS OF INTEREST ARE EVALUATED BY THE GOVERNING BODY, WHO THEN DETERMINES THE BEST COURSE OF ACTION ON A CASE BY CASE BASIS. FORM 990, PAGE 6, PART VI, LINE 15A THE EXECUTIVE COMMITTEE MAKES AN ANNUAL RECOMMENDATION FOR THE CEO'S SALARY AND BENEFIT PACKAGE. THE RECOMMENDATION IS BASED ON MARKET SURVEYS AND SALARY RANGES FOR COMPARABLE POSITIONS IN THE AREA, AS WELL AS AN EVALUATION OF ECONOMIC CONDITIONS AND THE PERFORMANCE OF THE CEO OVER THE PAST YEAR. THE FULL GOVERNING BODY MAKES A DECISION TO ACCEPT OR MODIFY THE EXECUTIVE COMMITTEE'S RECOMMENDATION. FORM 990, PAGE 6, PART VI, LINE 19 THE COMPANY'S GOVERNING DOCUMENTS, CONFILCT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G PARTICIPANT REIMBURSEMENTS 79,286 9,799 0 ORIGINAL BRAILLE PRODUCTION 64,566 0 0 PROOFREADER FEES 169,248 0 0 TOTAL 313,100 9,799 0