Academy Of Doctors Of Audiology
- Assets
- $712.2k
- Revenue
- $924.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Frankfort, KY
- Founding
- 06/1981
- Data as of
- 12/2022
- EIN
- 42-1203064
Organization Overview
Academy Of Doctors Of Audiology is located in Frankfort, KY. The organization was established in 1981. According to its NTEE Classification (G42) the organization is classified as: Ear & Throat Diseases, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Academy Of Doctors Of Audiology is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, Academy Of Doctors Of Audiology generated $924.9k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $1.1m during the year ending 12/2022. 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
THE ACADEMY OF DOCTORS OF AUDIOLOGY IS DEDICATED TO THE ADVANCEMENT OF PRACTITIONER EXCELLENCE, HIGH ETHICAL STANDARDS, PROFESSIONAL AUTONOMY AND SOUND BUSINESS PRACTICES IN THE PROVISION OF QUALITY AUDIOLOGIC CARE. IN PARTICULAR, ADA'S MISSION EMPHASIES PRACTICE OWNERSHIP. ADA IS FOCUSED ON HELPING AUDIOLOGISTS SUCCEED IN ALL ASPECTS OF PRACTICE, WITH A PARTICULAR EMPHASIS ON THE BUSINESS OF AUDIOLOGY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ACADEMY HOLDS AN ANNUAL CONVENTION FOR ITS MEMBERS AND OTHERS IN THE PROFESSION AS A RESOURCE TO RECEIVE EDUCATIONAL AND NETWORKING OPPOTUNITIES. ADA PROVIDES UNRIVALLED BUSINESS AND CLINICAL COURSES DESIGNED TO BE PUT INTO PRACTICE, LEADING THE WAY, ENCOURAGING AUDIOLOGISTS TO STAY AHEAD OF TRENDS IN THIS RAPIDLY CHANGING PROFESSION.
CONTRIBUTIONS, ACTIVITIES, OTHER
THE ACADEMY OF DOCTORS OF AUDIOLOGY IS DEDICATED TO THE ADVANCEMENT OF PRACTITIONER EXCELLENCE, HIGH ETHICAL STANDARDS, PROFESSIONAL AUTONOMY AND SOUND BUSINESS PRACTICES IN THE PROVISION OF QUALITY AUDIOLOGIC CARE. ADA OFFERS A VARIETY OF COMMUNICATION NETWORKING OPPORTUNITIES FOR BUSY PROFESSIONALS TO STAY CONNECTED AND CURRENT ON ISSUES AFFECTING THEIR PROFESSION AND THEIR PRACTICE. AS PART OF THE BENEFITS OFFERED TO IT'S MEMBERS, SOME OF THE OFFERINGS INCLUDE A QUARTERLY MAGAZINE, ELECTRONICALLY DELIVERED NEWSLETTERS, AN ONLINE COMMUNITY PLATFORM TO STAY IN TOUCH WITH COLLEAGUES, POST QUESTIONS AND COLLABORATION, AN ONLINE PLATFORM TO ANNOUNCE EMPLOYMENT AND EXTERNSHIP OPPORTUNITIES AND A DIRECT EMAIL SUPPORT RESOURCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dawn Heiman Aud President Elect | Trustee | 2 | $0 |
Elizabeth Rogers Aud Secretary | OfficerTrustee | 2 | $0 |
Victor Bray Msc PHD Fnap Past President | OfficerTrustee | 2 | $0 |
Kristin Davis Aud President | OfficerTrustee | 2 | $0 |
Jason Leyendecker Aud Treasurer | OfficerTrustee | 2 | $0 |
Stephanie Sjoblad Aud Director-At-Large | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $266,780 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $186,156 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $452,936 |
| Total Program Service Revenue | $437,965 |
| Investment income | $3 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $1,063 |
| 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 | $924,914 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $5,000 |
| 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 | $330,000 |
| Fees for services: Legal | $33,636 |
| Fees for services: Accounting | $1,355 |
| Fees for services: Lobbying | $144,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $13,300 |
| Office expenses | $196 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $66,537 |
| 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 | $0 |
| Insurance | $8,769 |
| All other expenses | $121,820 |
| Total functional expenses | $1,053,279 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $586,099 |
| Savings and temporary cash investments | $81,999 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $23,471 |
| 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 | $20,674 |
| 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 | $712,243 |
| Accounts payable and accrued expenses | $269,144 |
| Grants payable | $0 |
| Deferred revenue | $254,715 |
| 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 | $523,859 |
| Net assets without donor restrictions | $90,514 |
| Net assets with donor restrictions | $97,870 |
| 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 | $712,243 |