Dyslexia Foundation Inc
- Assets
- $172.6k
- Revenue
- $188.7k
- Investments
- $0.0
- Employees
- 1
- Location
- New Bedford, MA
- Founding
- 09/1981
- Data as of
- 12/2020
- EIN
- 04-3040415
Organization Overview
Dyslexia Foundation Inc is located in New Bedford, MA. The organization was established in 1981. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dyslexia Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2020, Dyslexia Foundation Inc generated $188.7k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.8% each year. All expenses for the organization totaled $146.0k during the year ending 12/2020. While expenses have increased by 3.7% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE SCIENTIFIC BREAKTHROUGHS IN THE EARLY DETECTION, PREVENTION AND REMEDIATION OF
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION HOSTS CONFERENCES DEVOTED EXCLUSIVELY TO EDUCATIONAL, MEDICAL, AND COGNITIVE RESEARCH OF THE CAUSES AND REMEDIATION OF DYSLEXIA. THE ORGANIZATION HAS SEVERAL ONGOING PROGRAMS INCLUDING, THE EXTRAORDINARY BRAIN SERIES SYMPOSIA, THAT OCCURS BIENNIALLY AND ALLOWS RENOWNED RESEARCHERS TO COME TOGETHER TO DISCUSS, DISSECT, AND REASSEMBLE A CUTTING-EDGE TOPIC WITHIN THE NEUROSCIENCE, COGNITIVE SCIENCE, AND EDUCATION RESEARCH RELATED TO READING AND DYSLEXIA. THE NEXT SCHEDULED SYMPOSIUM WILL SPECIFICALLY ADDRESS DYSLEXIA IDENTIFICATION AND APPROACHES TO INSTRUCTION FOR POOR AND MINORITY CHILDREN WITH READING DIFFICULTIES. THE 17TH BIENNIAL EBS SYMPOSIUM IS NOW IN THE PLANNING STAGES AND WILL TAKE PLACE IN JUNE, 2020, IN ECUADOR WHERE THE PROFESSIONAL DEVELOPMENT CONFERENCE WILL BE FOLLOWED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William H Baker Jr President | OfficerTrustee | 40 | $54,000 |
Glenn Rosen Clerk | OfficerTrustee | 5 | $0 |
Edward Wilson Director | Trustee | 5 | $0 |
Don Compton Director | Trustee | 5 | $0 |
Sharon Vaughn Director | Trustee | 5 | $0 |
Amelia Baker Lauderdale Treasurer | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $2,300 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $48,556 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $50,856 |
| Total Program Service Revenue | $137,784 |
| Investment income | $14 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $188,654 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $56,651 |
| Compensation of current officers, directors, key employees. | $12,595 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,544 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,810 |
| Fees for services: Accounting | $21,380 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,977 |
| Advertising and promotion | $0 |
| Office expenses | $6,506 |
| Information technology | $1,594 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $10,987 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $31,316 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $1,013 |
| Total functional expenses | $145,993 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $98,964 |
| Savings and temporary cash investments | $60,520 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,000 |
| Loans from Officers, Directors, or Controlling Persons | $12,119 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $172,603 |
| Accounts payable and accrued expenses | $4,090 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $10,902 |
| Other liabilities | $0 |
| Total liabilities | $14,992 |
| Net assets without donor restrictions | $157,611 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $172,603 |