Roanoke Valley Speech And Hearing Center Inc
- Assets
- $541.5k
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 13
- Location
- Roanoke, VA
- Founding
- 06/1962
- Data as of
- 06/2021
- EIN
- 54-0722391
Organization Overview
Roanoke Valley Speech And Hearing Center Inc is located in Roanoke, VA. The organization was established in 1962. As of 06/2021, Roanoke Valley Speech And Hearing Center Inc employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Roanoke Valley Speech And Hearing Center 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 06/2021, Roanoke Valley Speech And Hearing Center Inc generated $1.0m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $996.2k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (1.6%) per year over the past 6 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
SPEECH AND HEARING REHABILITATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION EVALUATES AND DIAGNOSES INDIVIDUALS WITH SPEECH AND/OR HEARING DEFECTS AND EITHER OFFERS THERAPY ON SITE OR REFERS THE INDIVIDUAL TO A DOCTOR OR OTHER SOURCE FOR PROPER TREATMENT. THE ORGANIZATION SERVES OVER 700 CLIENTS PER YEAR.
THE ORGANIZATION EVALUATES AND DIAGNOSES INDIVIDUALS WITH SPEECH AND/OR HEARING DEFECTS AND EITHER OFFERS THERAPY ON SITE OR REFERS THE INDIVIDUAL TO A DOCTOR OR OTHER SOURCE FOR PROPER TREATMENT. THE ORGANIZATION SERVES OVER 700 CLIENTS PER YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matt Miller Chairman | OfficerTrustee | 1 | $0 |
Deb Hedrick Ex-Officio | OfficerTrustee | 2 | $0 |
Judy Johnson Treasurer | OfficerTrustee | 2 | $0 |
Agness Henderson Executive Director | Officer | 40 | $0 |
Leeann Linkenhoker Executive Director | Officer | 40 | $0 |
Barbara Davis Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $936 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $8,250 |
| All other contributions, gifts, grants, and similar amounts not included above | $139,919 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $149,105 |
| Total Program Service Revenue | $865,265 |
| Investment income | $5,854 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $3,250 |
| 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 | $1,023,474 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $26,511 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $81,224 |
| Compensation of current officers, directors, key employees. | $60,918 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $399,260 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $55,937 |
| Payroll taxes | $35,900 |
| Fees for services: Management | $68,913 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,187 |
| Advertising and promotion | $4,789 |
| Office expenses | $7,921 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $5,734 |
| Travel | $262 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,099 |
| Interest | $271 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $16,910 |
| Insurance | $8,203 |
| All other expenses | $0 |
| Total functional expenses | $996,241 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $101,697 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $64,288 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $8,319 |
| Prepaid expenses and deferred charges | $2,205 |
| Net Land, buildings, and equipment | $96,691 |
| Investments—publicly traded securities | $268,277 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $541,477 |
| Accounts payable and accrued expenses | $46,590 |
| 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 | $12,300 |
| Total liabilities | $58,890 |
| Net assets without donor restrictions | $370,023 |
| Net assets with donor restrictions | $112,564 |
| 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 | $541,477 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Roanoke Valley Speech And Hearing Center Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Berkshire Charitable Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $10,000 |
Endowment Analysis
| Beg. Balance | $241,573 |
| Earnings | $26,704 |
| Ending Balance | $268,277 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Charlotte Speech And Hearing Center Inc Charlotte, NC | $1,867,242 | $2,525,265 |
Mountain Region Speech And Hearing Center Kingsport, TN | $535,943 | $1,250,572 |
Roanoke Valley Speech And Hearing Center Inc Roanoke, VA | $541,477 | $1,023,474 |
National Student Speech And Hearing Association Inc Rockville, MD | $1,733,335 | $917,299 |
Childhood Language Center Inc Charleston, WV | $7,370,444 | $794,185 |
Bristol Regional Speech & Hearing Center Bristol, VA | $291,383 | $524,435 |
Speech & Language Center Of North Virginia Inc Mclean, VA | $498,699 | $509,300 |
Louisville Scottish Rite Foundation Inc Louisville, KY | $2,359,947 | $132,614 |
National Association For Hearing And Speech Action Rockville, MD | $3,397,187 | $422,164 |