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Name:	Clovernook Center for the Blind and Visually Impaired
Address:	7000 Hamilton Avenue
	Cincinnati, OH 45231
Phone:	(513) 522-3860
Web Address:	www.clovernook.org

Clovernook Center for the Blind and Visually Impaired does not meet the following Standard for Charity Accountability.

Standard 10: Ending Net Assets - Avoid accumulating funds that could be used for current program activities. To meet this standard, the charity's unrestricted net assets available for use should not be more than three times the size of the past year's expenses or three times the size of the current year's budget, whichever is higher. Clovernook Center for the Blind and Visually Impaired does not meet this Standard because: According to its audited financial statements for the fiscal year ending April 30, 2011, the organization's total unrestricted net assets were $37,886,915, or 4 times the charity's total budgeted expenses of $9,891,194.

Clovernook Center for the Blind and Visually Impaired meets the remaining 19 Standards for Charity Accountability.

Clovernook Center for the Blind and Visually Impaired offers a wide variety of programs and services to address living and employment needs of people with visual impairments. Instructional Services - Building life skills through rehabilitation teaching, safe travel instruction, recreational activities, and technology instruction. Social Services - Offers a broad range of supports to help individuals adjust to recent and long term vision loss. Employment Services - This comprehensive service focuses on the individual, not just job placement. It includes an array of strategies geared toward helping individuals prepare for, obtain, and maintain meaningful employment at Clovernook and within the community. Low Vision Services - Assisting individuals with vision loss to make the most of their remaining sight and lead an independent life. Youth Services - Designed to help each child with a visual impairment develop their full potential by offering a variety of learning and social opportunities that are focused on their specific challenges. Adult Day Supports - Provides social, wellness, educational, and recreational activities for retired individuals with visual impairments. Multistate Center East is a circulation center for the National Library Service for the Blind and Physically Handicapped. Braille and audio publications are distributed to all libraries east of the Mississippi River. Contract Packaging - Providing businesses with economical solutions specializing in: product assembly, kitting, bulk mail preparation, packaging, heat sealing and more. Braille Transcription - According to the charityTranscribes and prints more than 45 million pages of braille each year. Industrial Manufacturing - According to the charity, produces millions of high quality, customized paper goods which include: 100% compostable paper hot cups and file folders.

For the fiscal year ended April 30, 2011, Clovernook Center for the Blind and Visually Impaired's program expenses were:

Program Expenses	8,048,575
Total Program Expenses:	$8,048,575

Chief Executive : Ms. Robin L. Usalis, President and CEO

Compensation*:

$135,799

Chair of the Board: Dr. Alfred J. Tuchfarber
Chair's Profession / Business Affiliation: Retired Professor, University of Cincinnati

Board Size: 14

Paid Staff Size: 146

*Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.

Method(s) Used:

direct mail, invitations to fundraising events, grant proposals, Internet

Fundraising costs were 22% of related contributions. (Related contributions, which totaled $833,023, are donations received as a result of fundraising activities.)

This charity is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.

The following information is based on Clovernook Center for the Blind and Visually Impaired's audited financial statements for the fiscal year ended April 30, 2011.

Source of Funds
Revenue from Program Services and Operations	6,436,766
Return on Investments	4,280,702
Contributions	629,939
Legacies and Bequests	203,084
Other	87,664
Change in Beneficial Interest in Perpetual Trusts	59,609
Total Income	$11,697,764

Uses of Funds as a % of Total Expenses

Programs: 85%  Fund Raising: 2%  Administrative: 13%

Total income				$11,697,764
	Program expenses			$8,048,575
	Fund raising expenses			183,054
	Administrative expenses			1,180,458
Total expenses				$9,412,087
Income in Excess of Expenses				2,285,677
Beginning net assets				36,717,437
Ending net assets				39,003,114
Total liabilities				2,369,527
Total assets				$41,372,641