Foundation For Hearing & Speech Rehabilitation
- Assets
- $2.7m
- Revenue
- $485.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 02/1958
- Data as of
- 12/2021
- EIN
- 36-6082810
Organization Overview
Foundation For Hearing & Speech Rehabilitation is located in Chicago, IL. The organization was established in 1958. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundation For Hearing & Speech Rehabilitation 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 12/2021, Foundation For Hearing & Speech Rehabilitation generated $485.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.5% each year. All expenses for the organization totaled $217.2k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Foundation For Hearing & Speech Rehabilitation has awarded 17 individual grants totaling $593,729. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
FUNDING FOR THE MOST INNOVATIVE HEARING AND SPEECH PROGRAMS IN AMERICA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT OF INNOVATIVE CLINICAL SERVICES, RESEARCH AND TRAINING PROGRAMS THAT ENABLE INDIVIDUALS WITH COMMUNICATIVE DISORDERS TO PARTICIPATE FULLY IN SOCIETY.
THE MUSIC TO MY EARS SCHOLARSHIP PROGRAM PROVIDES AN EARLY CHILDHOOD MUSIC ENRICHMENT PROGRAMS AND INSTRUMENT LESSONS TUITION SCHOLARSHIPS FOR CHILDREN BORN WITH HEARING LOSS UP TO FOUR YEARS OF AGE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kristen Van Dyke Executive Director | Officer | 30 | $55,000 |
Heather Bennett Co-Chair/vice Chair Through 6/15/21 | OfficerTrustee | 6 | $0 |
Robert Radasevich Co-Chair/secretary Through 6/15/21 | OfficerTrustee | 6 | $0 |
Dan Lockwood Treasurer | OfficerTrustee | 1.5 | $0 |
Robert Handler Director/co-Chair Through 6/15/21 | OfficerTrustee | 1 | $0 |
Steven Salzman Director/co-Chair Through 6/15/21 | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $15,300 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $284,463 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $299,763 |
| Total Program Service Revenue | $0 |
| Investment income | $49,349 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $136,579 |
| Net Income from Fundraising Events | -$8 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $485,683 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $82,520 |
| Grants and other assistance to domestic individuals. | $6,544 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,721 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $97,511 |
| Advertising and promotion | $3,170 |
| Office expenses | $1,904 |
| Information technology | $13,693 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $45 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $323 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $317 |
| Insurance | $1,781 |
| All other expenses | $0 |
| Total functional expenses | $217,170 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $56,434 |
| Savings and temporary cash investments | $173,233 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| 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 | $2,848 |
| Investments—publicly traded securities | $2,452,890 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,685,405 |
| Accounts payable and accrued expenses | $9,871 |
| Grants payable | $48,250 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $58,121 |
| Net assets without donor restrictions | $2,436,435 |
| Net assets with donor restrictions | $190,849 |
| 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 | $2,685,405 |
Grants Awarded
Over the last fiscal year, Foundation For Hearing & Speech Rehabilitation has awarded $82,520 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Chicago, IL PURPOSE: PROVIDE MUSIC LESSONS TO HEARING IMPAIRED STUDENTS AT VARIOUS SCHOOLS | $44,617 |
Chicago, IL PURPOSE: SALARY SUPPORT OF SEVERAL POSITIONS - AUDIOLOGY SOCIAL WORKERS, AUDIOLOGY TECHNICIAN, AND THE COCHLEAR IMPLANT EDUCATION COORDINATOR. | $22,653 |
Chicago, IL PURPOSE: LITERACY PROGRAM | $15,250 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Foundation For Hearing & Speech Rehabilitation has recieved totaling $325.
| Awarding Organization | Amount |
|---|---|
Ehrlichman Family Foundation Highland Park, IL PURPOSE: EXEMPT PURPOSE OF ORGANIZATION | $250 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $75 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Center For Speech And Language Disorders Lombard, IL | $457,664 | $1,707,697 |
Autism Society Of Southeastern Wisconsin Inc Wauwatosa, WI | $643,950 | $486,326 |
Streator Unlimited Foundation Streator, IL | $110,302 | $0 |
Foundation For Hearing & Speech Rehabilitation Chicago, IL | $2,685,405 | $485,683 |
Louisville Scottish Rite Foundation Inc Louisville, KY | $2,359,947 | $132,614 |
Scottish Rite Clinic For Childhood Language Disorders Of St Louis Inc St Louis, MO | $14,785 | $69,343 |