American Speech-Language-Hearing Foundation
- Assets
- $23.0m
- Revenue
- $3.3m
- Investments
- $309.2k
- Employees
- 0
- Location
- Rockville, MD
- Founding
- 01/1948
- Data as of
- 12/2021
- EIN
- 52-6055761
Organization Overview
American Speech-Language-Hearing Foundation is located in Rockville, MD. The organization was established in 1948. According to its NTEE Classification (H42) the organization is classified as: Ear & Throat Diseases Research, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Speech-Language-Hearing Foundation 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, American Speech-Language-Hearing Foundation generated $3.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $1.6m during the year ending 12/2021. While expenses have increased by 2.2% per year over the past 7 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.
Since 2014, American Speech-Language-Hearing Foundation has awarded 132 individual grants totaling $3,296,000. 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
TO ADVANCE KNOWLEDGE AND IMPROVE PRACTICE IN SERVING CHILDREN AND ADULTS WITH COMMUNICATION DISORDERS THROUGH SUPPORT OF RESEARCH, EDUCATION, AND INNOVATIVE INITIATIVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS, RESEARCH GRANTS AND CLINICAL ACHIEVEMENT AWARDS-NATIONALLY COMPETITIVE PROGRAMS FOSTER ADVANCES AND SCHOLARLY EXCELLENCE. IN 2021, THE ASHFOUNDATION AWARDED $866,450 THROUGH 68 RESEARCH GRANTS, SCHOLARSHIPS AND CLINICAL ACHIEVEMENT AWARDS IN SUPPORT OF RESEARCH INVESTIGATIONS, DOCTORAL AND MASTER'S EDUCATION, AND CLINICAL DEVELOPMENTS. IN ADDITION TO THE RECIPIENT FUNDING, EXPENSES INCLUDE THE COST OF PREPARING AND DISTRIBUTING GUIDELINES, THE SELECTION OF RECIPIENTS AND UNDERWRITING ATTENDANCE AT SELECTED SCHOLARLY ACTIVITIES.
PROGRAM COMMUNICATION - PROGRAM VISIBILITY IS ACHIEVED THROUGH A VARIETY OF COMMUNICATION VEHICLES, SUCH AS ARTICLES IN THE ASSOCIATION PUBLICATIONS DISTRIBUTED TO OVER 223,456 CONSTITUENTS AND ASSOCIATES, AS WELL AS THE FOUNDATION ANNUAL REPORT, NEWSLETTERS, SPECIAL PROGRAM MATERIALS, AND ELECTRONIC COMMUNICATION.
ASHA CONVENTION: THE ASHFOUNDATION PROMOTES AND CONDUCTS MISSION-RELATED PROGRAMS DURING THE ANNUAL ASSOCIATION MEETING, NORMALLY ATTENDED BY OVER 15,000 MEMBERS OF THE ASSOCIATION'S 223,456 CONSTITUENTS AND ASSOCIATES. THE 2021 ASHA CONVENTION WAS A HYBRID MODEL, WITH APPROXIMATELY 5,000 ON-SITE ATTENDEE AND 5,000 VIRTUAL ATTENDEES. THE ASHFOUNDATION'S ACTIVITIES ASSOCIATED WITH THIS ANNUAL CONVENTION INCLUDED THE ORGANIZATION AND IMPLEMENTATION OF AN ANNUAL AWARDS CEREMONY TO EXPRESS GRATITUDE TO DONORS AND TO HONOR ASHFOUNDATION-FUNDED RECIPIENTS. THE ASHFOUNDATION CONDUCTED THIS CEREMONY IN A HYBRID FORMAT FOR 2021.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nancy J Minghetti Executive Director | Officer | 60 | $188,284 |
Beverly Ryan Director Of Development | 50 | $109,746 | |
Patricia A Prelock President | OfficerTrustee | 1 | $0 |
Allan Diefendorf Past Pres./vp. Org. Committee | OfficerTrustee | 1 | $0 |
Melissa Behm Vp, Financial Review Committee | OfficerTrustee | 1 | $0 |
Holly Storkel Vp, Program & Awards Committee | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $35,014 |
| Related organizations | $1,013,585 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $746,751 |
| Noncash contributions included in lines 1a–1f | $6,037 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,795,350 |
| Total Program Service Revenue | $36,486 |
| Investment income | $220,204 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,228,666 |
| Net Income from Fundraising Events | $31,786 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,312,492 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $575,500 |
| Grants and other assistance to domestic individuals. | $290,950 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $209,218 |
| Compensation of current officers, directors, key employees. | $41,844 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $170,255 |
| Pension plan accruals and contributions | $14,995 |
| Other employee benefits | $24,853 |
| Payroll taxes | $26,068 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $26,046 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $53,551 |
| Fees for services: Other | $68,711 |
| Advertising and promotion | $0 |
| Office expenses | $62,940 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,250 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $33,504 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,578,663 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,496,555 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,668,970 |
| 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 | $6,918 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $16,499,789 |
| Investments—other securities | $309,161 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $22,981,393 |
| Accounts payable and accrued expenses | $216,029 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $216,029 |
| Net assets without donor restrictions | $14,192,418 |
| Net assets with donor restrictions | $8,572,946 |
| 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 | $22,981,393 |
Grants Awarded
Over the last fiscal year, American Speech-Language-Hearing Foundation has awarded $575,000 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
Kalamazoo, MI PURPOSE: 2021 Clinical Research Grant | $75,000 |
OREGON HEALTH & SCIENCE UNIVERSITY PURPOSE: 2021 Clinical Research Grant | $75,000 |
Logan, UT PURPOSE: 2021 New Century Scholars Research Grant | $50,000 |
Lawrence, KS PURPOSE: 2021 New Century Scholars Research Grant | $50,000 |
New York, NY PURPOSE: 2021 Clinical RSRCH Grant | $50,000 |
Gainesville, FL PURPOSE: 2021 Clinical Research Grant | $50,000 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that American Speech-Language-Hearing Foundation has recieved totaling $1,009,613.
| Awarding Organization | Amount |
|---|---|
American Speech Language & Hearing Assn Rockville, MD PURPOSE: Contribution | $1,008,585 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $528 |
The Howard And Nikki Applebaum Foundation Trust Chino Hills, CA PURPOSE: LANGUAGE AND SPEECH IMPAIRMENT | $500 |
Endowment Analysis
| Beg. Balance | $3,628,499 |
| Earnings | $427,774 |
| Admin Expense | $19,000 |
| Net Contributions | $52,707 |
| Other Expense | $2,625 |
| Grants | $76,000 |
| Ending Balance | $4,011,355 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The National Hemophilia Foundation New York, NY | $46,786,068 | $26,439,522 |
Winifred Masterson Burke Medical Research White Plains, NY | $9,563,124 | $17,375,898 |
Lankenau Institute For Medical Research Wynnewood, PA | $8,021,343 | $9,109,367 |
Institute For Humane Studies Arlington, VA | $19,221,469 | $20,882,389 |
American Diabetes Association Arlington, VA | $0 | $9,794,159 |
Tri-Institutional Therapeutics Discovery Institute Inc New York, NY | $5,819,394 | $16,905,997 |
American College Of Gastroenterology Inc Bethesda, MD | $294,139,585 | $33,197,457 |
Research Triangle Foundation Of North Carolina Research Triangle Park, NC | $210,917,305 | $40,089,804 |
Medical Device Innovation Consortium Arlington, VA | $8,765,414 | $16,908,156 |
Zachary And Elizabeth M Fisher Center For Alzheimers Research Fdn New York, NY | $40,802,431 | $10,021,313 |
Christopher Reeve Foundation A New Jersey Nonprofit Corporation Short Hills, NJ | $8,265,891 | $16,839,665 |
American Institute For Cancer Research Arlington, VA | $18,214,497 | $14,242,691 |