Specialized Language Development Center
- Assets
- $568.9k
- Revenue
- $735.9k
- Investments
- $0.0
- Employees
- 90
- Location
- Kalamazoo, MI
- Founding
- 02/1975
- Data as of
- 06/2022
- EIN
- 38-2055709
Organization Overview
Specialized Language Development Center, operating under the name Sld Read, is located in Kalamazoo, MI. The organization was established in 1975. As of 06/2022, Sld Read employed 90 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sld Read 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 06/2022, Sld Read generated $735.9k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $915.2k during the year ending 06/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS THREEFOLD: HELPING INDIVIDUALS WITH DYSLEXIA, LEARNING DIFFERENCES, AND OTHER READING CHALLENGES TO DEVELOP LIFELONG LANGUAGE SKILLS THROUGH OUR MULTISENSORY PROGRAM; ASSISTING EDUCATORS TO IDENTIFY LEARNING CHALLENGES BY PROVIDING TRAINING AND TECHNIQUES TO ENHANCE THEIR READING CURRICULUM; INCREASING COMMUNITY AWARENESS AND UNDERSTANDING OF LITERACY ISSUES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROFESSIONAL EDUCATION & TRAINING: TRAIN & PROVIDE TUTORS FOR INDIVIDUALS WHO ARE AFFLICTED WITH DYSLEXIA, A READING DISABILITY.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mindi Fitzpatrick CFO | Officer | 40 | $54,140 |
Carol Mcglinn COO | Officer | 40 | $51,333 |
Kaylyne Eichler CEO | Officer | 40 | $42,175 |
Peter Eldridge President | OfficerTrustee | 2 | $0 |
Hilary Arthur Vice Preside | OfficerTrustee | 2 | $0 |
Adam Wagner Treasurer | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $59,400 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $234,735 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $294,135 |
| Total Program Service Revenue | $345,717 |
| Investment income | $1,296 |
| 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 | $735,893 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $7,188 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $147,648 |
| Compensation of current officers, directors, key employees. | $105,181 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $470,532 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $52,641 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $35,879 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $27,908 |
| Information technology | $8,621 |
| Royalties | $0 |
| Occupancy | $29,535 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,703 |
| Insurance | $0 |
| All other expenses | $31,674 |
| Total functional expenses | $915,169 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $287,359 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $205,277 |
| Accounts receivable, net | $63,269 |
| 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 | $3,033 |
| Net Land, buildings, and equipment | $9,970 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $568,908 |
| Accounts payable and accrued expenses | $43,690 |
| Grants payable | $0 |
| Deferred revenue | $112,649 |
| 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 | $156,339 |
| Net assets without donor restrictions | $228,078 |
| Net assets with donor restrictions | $184,491 |
| 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 | $568,908 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Specialized Language Development Center has recieved totaling $148,900.
| Awarding Organization | Amount |
|---|---|
United Way Of South Central Michigan Kalamazoo, MI PURPOSE: ACHIEVE SUCCESS | $59,400 |
Jeff & Cheryl Baker Family Foundation Grand Rapids, MI PURPOSE: GENERAL GRANT | $41,000 |
Kalamazoo Community Foundation Kalamazoo, MI PURPOSE: EDUCATION | $25,000 |
American Endowment Foundation Hudson, OH PURPOSE: EDUCATIONAL | $10,000 |
Dorothy U Dalton Foundation Inc Kalamazoo, MI PURPOSE: KALAMAZOO PROGRAM SUPPORT | $10,000 |
Burdick-Thorne Foundation Tt Kalamazoo, MI PURPOSE: OPERATING SUPPORT | $3,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Pediatric Associates Inc Indianapolis, IN | $25,897,136 | $100,827,780 |
The Against Malaria Foundation Kansas City, MO | $318 | $95,777,874 |
West Michigan Cancer Center Kalamazoo, MI | $48,096,612 | $92,880,121 |
Childrens Anesthesiology Associates Ltd Philadelphia, PA | $90,428,802 | $78,341,848 |
Muscular Dystrophy Association Chicago, IL | $71,915,435 | $63,707,273 |
Michigan Health Endowment Fund Brighton, MI | $367,711,952 | $101,875,561 |
Siouxland Regional Cancer Center Sioux City, IA | $22,869,484 | $57,761,612 |
Equitas Health Inc Columbus, OH | $58,548,069 | $67,486,506 |
American Board Of Family Medicine Inc Lexington, KY | $185,304,268 | $55,757,459 |
American Board Of Internal Medicine Philadelphia, PA | $82,417,925 | $65,250,623 |
The Oak Clinic Uniontown, OH | $24,583,868 | $55,899,604 |
Radiological Society Of North America Inc Oak Brook, IL | $185,391,800 | $68,158,260 |