Heuser Hearing & Language Academy Inc
- Assets
- $17.3m
- Revenue
- $2.5m
- Investments
- $0.0
- Employees
- 47
- Location
- Louisville, KY
- Founding
- 09/1955
- Data as of
- 05/2022
- EIN
- 61-0492369
Organization Overview
Heuser Hearing & Language Academy Inc is located in Louisville, KY. The organization was established in 1955. According to its NTEE Classification (B28) the organization is classified as: Special Education, under the broad grouping of Education and related organizations. As of 05/2022, Heuser Hearing & Language Academy Inc employed 47 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Heuser Hearing & Language Academy 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 05/2022, Heuser Hearing & Language Academy Inc generated $2.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $2.0m during the year ending 05/2022. While expenses have increased by 4.3% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE A COMPREHENSIVE DAILY PROGRAM FOR CHILDREN WITH HEARING LOSS AND THOSE WITH SEVERE SPEECH DELAYS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES A COMPREHENSIVE DAILY PROGRAM IN SPEECH/LANGUAGE DEVELOPMENT AND AUDITORY SKILL DEVELOPMENT FOR HEARING IMPAIRED PRESCHOOL CHILDREN.
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 |
|---|---|---|---|
Brett Bachmann CEO | OfficerTrustee | 8 | $38,250 |
Ralph Barringer Vice President | OfficerTrustee | 0.5 | $0 |
Jenny Headlee President | OfficerTrustee | 0.5 | $0 |
Will Buschmann Treasurer/secretary | OfficerTrustee | 0.5 | $0 |
Brian Baker Director | Trustee | 0.5 | $0 |
Brad Broecker Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $334,415 |
| Related organizations | $0 |
| Government grants | $465,485 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,014,535 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,814,435 |
| Total Program Service Revenue | $350,567 |
| Investment income | $145,370 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $49,665 |
| Net Gain/Loss on Asset Sales | $53,390 |
| Net Income from Fundraising Events | -$16,798 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,475,409 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $42,739 |
| Compensation of current officers, directors, key employees. | $21,369 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $917,162 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $77,695 |
| Payroll taxes | $68,566 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $58,862 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $96,638 |
| Advertising and promotion | $56,707 |
| Office expenses | $35,883 |
| Information technology | $30,699 |
| Royalties | $0 |
| Occupancy | $111,321 |
| Travel | $21,710 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $38,656 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $287,760 |
| Insurance | $26,950 |
| All other expenses | $0 |
| Total functional expenses | $1,964,104 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $890,104 |
| Savings and temporary cash investments | $770,998 |
| Pledges and grants receivable | $73,398 |
| Accounts receivable, net | $1,838 |
| 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 | $3,283,348 |
| Investments—publicly traded securities | $3,806,457 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $8,507,655 |
| Total assets | $17,333,798 |
| Accounts payable and accrued expenses | $148,957 |
| Grants payable | $0 |
| Deferred revenue | $4,139 |
| 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 | $897,141 |
| Unsecured mortgages and notes payable | $1,500,000 |
| Other liabilities | $0 |
| Total liabilities | $2,550,237 |
| Net assets without donor restrictions | $7,525,969 |
| Net assets with donor restrictions | $7,257,592 |
| 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 | $17,333,798 |
Grants Recieved
Over the last fiscal year, we have identified 10 grants that Heuser Hearing & Language Academy Inc has recieved totaling $86,418.
| Awarding Organization | Amount |
|---|---|
Irvin F And Alice S Etscorn Charitable Foundation Louisville, KY PURPOSE: PURCHASE MOBILE EQUIPMENT FOR HEARING TESTS | $26,000 |
Whas Crusade For Children Inc Louisville, KY PURPOSE: $25,000.00 FOR ABR SOFTWARE, LICENSE, SERVER, AND NAVIGATION SERVICES. PER OUR GUIDELINES NO FUNDING ALLOWED FOR TRAINING. | $25,000 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $10,000 |
Norton Foundation Inc Louisville, KY PURPOSE: EDUCATION | $10,000 |
V V Cooke Foundation Corporation Louisville, KY PURPOSE: UNRESTRICTED | $5,000 |
R Keith Cullinan Family Foundation Inc Louisville, KY PURPOSE: CHARITABLE | $5,000 |
Endowment Analysis
| Beg. Balance | $9,317,596 |
| Earnings | -$634,466 |
| Other Expense | -$39,805 |
| Ending Balance | $8,643,325 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Alternative Paths Training School Inc Dumfries, VA | $29,662,762 | $20,489,291 |
Currey Ingram Academy Brentwood, TN | $68,664,811 | $19,766,895 |
The Faison Center Inc Richmond, VA | $62,568,652 | $21,070,606 |
Leslie Shankman School Corporation Chicago, IL | $18,541,071 | $14,894,001 |
Gibault Inc Terre Haute, IN | $35,353,670 | $13,928,805 |
Giant Steps Illinois Inc Lisle, IL | $11,784,298 | $12,524,007 |
Lawrence School Broadview Heights, OH | $26,810,351 | $14,941,230 |
Virginia Episcopal School Lynchburg, VA | $42,343,812 | $12,608,124 |
Park Lawn School And Activity Center Oak Lawn, IL | $3,052,012 | $10,616,192 |
Cove School Inc Northbrook, IL | $12,796,735 | $10,362,338 |
Marburn Academy Inc New Albany, OH | $15,756,031 | $10,606,006 |
Kings Daughters School Of Maury County Tennessee Columbia, TN | $22,315,744 | $10,828,649 |