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Indiana · Nonprofit

BOSMA INDUSTRIES FOR THE BLIND INC

BOSMA INDUSTRIES FOR THE BLIND INC (Indiana) receives grants from 11 organizations whose IRS filings report $965,272 to it, the largest being UNITED WAY OF CENTRAL INDIANA INC ($703,964). 5 of them have funded it in more than one year.

Revenue FY2025
$109M
Funders on record
11
Grants received
$965k
Net assets
$119M
5/11 repeat funderspeak grant-dependency 0%
01What it does

What Bosma Industries for the Blind Inc does

Mission

Bosma enterprises, creating opportunities for individuals who are blind or visually impaired.

As stated on its FY2025 Form 990.

Programs

  1. Bosma's mission is to create opportunities for people who are blind or visually impaired. This is primarily achieved by creating employment opportunities through the sale of products and services, from disposable medical products to quality and supply chain management to it consulting. The organization is indiana's largest employer of people who are blind, with over 50% of bosma's workforce being blind or visually impaired. Bosma has also established vocational assessment and skills training programs for these individuals, alongside vision rehabilitation services, fostering greater chances for advancement or employment at other local companies.

    $71,382,363 spent$103,440,636 earned by the program
    84% of program spending
  2. 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…

    $14,038,572 spentof which $10,874,135 as grants$1,693,524 earned by the program
    16% of program spending

The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $85,420,935.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($69M) Expenses 100 ($63M) Net assets 100 ($41M)2018 Revenue 100 ($69M) Expenses 101 ($64M) Net assets 113 ($46M)2019 Revenue 107 ($74M) Expenses 107 ($67M) Net assets 132 ($53M)2020 Revenue 113 ($78M) Expenses 119 ($75M) Net assets 140 ($57M)2021 Revenue 136 ($94M) Expenses 132 ($83M) Net assets 170 ($69M)2022 Revenue 168 ($117M) Expenses 166 ($104M) Net assets 199 ($81M)2023 Revenue 138 ($95M) Expenses 144 ($90M) Net assets 213 ($86M)2024 Revenue 152 ($105M) Expenses 138 ($87M) Net assets 262 ($106M)2025 Revenue 158 ($109M) Expenses 155 ($97M) Net assets 294 ($119M)
'17'18'19'20'21'22'23'24'25
Revenue (158)Expenses (155)Net assets (294)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $94M to $115M (+23%).

$49M
$53M
$59M
$62M
$81M
$91M
$94M
$115M
$128M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

0% of BOSMA INDUSTRIES FOR THE BLIND INC’s revenue is contributions — about as donation-reliant as the typical peer (18% for the typical peer).

This organization
Typical peer · 41 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 9 reported years ran a deficit.

$6.5M
’17
$5.3M
’18
$7.4M
’19
$3.3M
’20
$11M
’21
$12M
’22
$5.2M
’23
$19M
’24
$12M
’25
4.1
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Brandon Wells

Exec dir of

Board chair

Kevin Mandrell

Chair

As listed on its FY2025 Form 990.

The chief executive listed changed between the FY2022 and FY2023 filings.

'17'18'19'20'21'22'23'24'25
Listed292726313432323130
Joined·+0+1+7+8+5+6+6+4
No longer listed·22257675
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $50k → $65k.

4 of 11 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 11% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $2.3M from one payer (the payer shares this organization's board, largest The Bosma Visionary Opportunities Foundation Inc). These are real filings, and they are not money BOSMA INDUSTRIES FOR THE BLIND INC raised.

From the IRS filings of BOSMA INDUSTRIES FOR THE BLIND INC’s funders (the co-funder graph). Top 10 of 11 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

BOSMA INDUSTRIES FOR THE BLIND INC leans on a few funders — its largest provides 73% of grant income and the top three 93%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

96% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund BOSMA INDUSTRIES FOR THE BLIND INC.

73%
largest funder
93%
top three
~2
effective funders

Largest funder’s share by year: 2017 100% · 2018 84% · 2019 72% · 2020 84% · 2021 77% · 2022 89% · 2023 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

38% of BOSMA INDUSTRIES FOR THE BLIND INC's funders are still giving 3 years after their first grant; 45% give in more than one year at all.

first grant+1y+2y+3y+4y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

86% of BOSMA INDUSTRIES FOR THE BLIND INC's grant income comes from Indiana funders.

IN
CT
CA
VA
NC

In-state vs out-of-state, by year

’18
’19
’20
’21
’22
’23
Indiana out of state home

Funder states come from each funder’s own filing. $103k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

BOSMA INDUSTRIES FOR THE BLIND INC runs a healthier operating margin than three-quarters of the 27 employment nonprofits its size.

Operating margin11% · top quartile
Months of reserve4.1mo · top quartile
Revenue growth (annualized)6% · below the median

this organization peer median middle 50% of peers· 27 employment nonprofits over $100M, FY2025

Government funding BOSMA INDUSTRIES FOR THE BLIND INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $3.6M on record.

Federal$3.6M
grants $0contracts $3.6M
17
18
19
20
21
23
Top agencies
  • Department of Veterans Affairs$2.7M
  • Department of Justice$416k
  • Department of Defense$366k
  • Department of Agriculture$83k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like BOSMA INDUSTRIES FOR THE BLIND INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Indiana

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

88% of spending goes to programs.

Program 88%Management 11%Fundraising 1%

Governance

15
board members
93%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

99%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

IN

Part of a family of 1 related entity

  • The Bosma Visionary Foundation Inc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for BOSMA INDUSTRIES FOR THE BLIND INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds BOSMA INDUSTRIES FOR THE BLIND INC?
BOSMA INDUSTRIES FOR THE BLIND INC (Indiana) receives grants from 11 organizations whose IRS filings report $965,272 to it, the largest being UNITED WAY OF CENTRAL INDIANA INC ($703,964). 5 of them have funded it in more than one year.
How many funders does BOSMA INDUSTRIES FOR THE BLIND INC have?
IRS filings report 11 organizations giving $965,272 in grants to BOSMA INDUSTRIES FOR THE BLIND INC, 5 of which have funded it in more than one year.
Who is the largest funder of BOSMA INDUSTRIES FOR THE BLIND INC?
UNITED WAY OF CENTRAL INDIANA INC is the largest funder on record, with $703,964 in grants. The full list of funders is on this page.
How can an organization like BOSMA INDUSTRIES FOR THE BLIND INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Indiana. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 11 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing