CharityWatch REPORT
Issued March 2016

CharityWatch Analysts perform an in-depth analysis of charities' audited financial statements and IRS tax filings, and often review other documents such as state filings, annual reports, and fundraising contracts during their evaluations. Below are select notes that CharityWatch believes may be of interest to donors.

Any time an Analysts' Note refers to a charity's Audited Financial Statements or IRS tax form, CharityWatch encourages interested donors to obtain a copy of the referenced documents so that they may view the information in context. Please contact the charity directly to request a copy of any referenced document. Charity tax forms and audits may also be obtained from a number of online databases. For a list of sources, please visit our LINKS page.

Note(s)
According to the Prevent Blindness combined audit of March 31, 2015 (Note 12, Disaffiliated Entities):

"On November 30, 2104, Prevent Blindness Mid-Atlantic terminated their affiliation agreement with the National Society to Prevent Blindness. Consequently, this entity will no longer be included in the combined results for the year ended March 31, 2015..."
According to the Prevent Blindness Northern California (PBNC) tax filing for the fiscal year ending March 31, 2015, PBNC reports for Business Transactions Involving Interested Persons a transaction in the amount of $18,250 paid to a board member for "website and annual report work" (IRS Form 990 Schedule L, Part IV).
According to the Prevent Blindness Iowa (PB Iowa) tax filing for the fiscal year ending March 31, 2015, PB Iowa reports for Business Transactions Involving Interested Persons that its board secretary and a member of the board of directors each are "employed by bank we used" (IRS Form 990 Schedule L, Part IV).

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