American Academy Of Audiology Foundation
- Assets
- $887.5k
- Revenue
- $111.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Reston, VA
- Founding
- 03/1990
- Data as of
- 09/2023
- EIN
- 62-1356696
Organization Overview
American Academy Of Audiology Foundation is located in Reston, VA. The organization was established in 1990. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Academy Of Audiology 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 09/2023, American Academy Of Audiology Foundation generated $111.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (9.4%) each year. All expenses for the organization totaled $160.1k during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (2.5%) per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE PHILANTHROPY IN SUPPORT OF RESEARCH, EDUCATION AND PUBLIC AWARENESS IN AUDIOLOGY AND HEARING SCIENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AUDIOLOGY RESEARCH: THE FOUNDATION AWARDS GRANTS FROM $500 TO $10,000 THROUGH SEVERAL RESEARCH AWARD PROGRAMS. SMALL GRANTS ARE MADE TO AUDIOLOGY GRADUATE STUDENTS WHO ARE CONDUCTING RESEARCH AS PART OF THEIR ACADEMIC COURSEWORK, AND LARGER GRANTS ARE MADE TO POST-DOCS IN EARLY STAGES OF THEIR RESEARCH CAREERS IN HEARING AND BALANCE SCIENCE.
EDUCATION: GRANT SUPPORT FOR EDUCATIONAL AND PUBLIC AWARENESS PROGRAMS AND ON-DEMAND WEB SEMINARS, LEADERSHIP CONFERENCES FOR NEXT-GENERATION AND STUDENT LEADERS, TRAVEL AND PROJECT GRANTS FOR GRADUATE STUDENTS AND UNIVERSITY CHAPTERS OF THE STUDENT ACADEMY OF AUDIOLOGY, PUBLIC OUTREACH ON HEARING HEALTH AND CONSERVATION, ETC.
ACADEMIC SCHOLARSHIPS: THE FOUNDATION FUNDS SCHOLARSHIPS OF $1,000-$5,000 FOR GRADUATE STUDENTS PURSUING AUD AND/OR PHD DEGREES IN HEARING SCIENCE AT U.S. UNIVERSITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jessica Messersmith PHD Chair | OfficerTrustee | 10 | $0 |
Tricia Scaglione Aud Chair-Elect | OfficerTrustee | 10 | $0 |
Sarah Sydlowski Aud PHD MBA Ex-Officio | Trustee | 2 | $0 |
Liz White Aud Secretary/treasurer | OfficerTrustee | 10 | $0 |
R Hope Gillison Aud Trustee | Trustee | 3 | $0 |
Devin Mccaslin Trustee | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $7,500 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $60,231 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $67,731 |
| Total Program Service Revenue | $0 |
| Investment income | $32,214 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $11,049 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $110,994 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,042 |
| Grants and other assistance to domestic individuals. | $112,250 |
| 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 | $0 |
| Fees for services: Legal | $2,646 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,202 |
| Fees for services: Other | $4,266 |
| Advertising and promotion | $0 |
| Office expenses | $22,619 |
| Information technology | $1,359 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,474 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,113 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,124 |
| All other expenses | $0 |
| Total functional expenses | $160,095 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18,903 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,500 |
| 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 | $0 |
| Investments—publicly traded securities | $858,721 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,334 |
| Total assets | $887,458 |
| Accounts payable and accrued expenses | $67,309 |
| 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 | $67,309 |
| Net assets without donor restrictions | $548,970 |
| Net assets with donor restrictions | $271,179 |
| 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 | $887,458 |
Grants Awarded
Over the last fiscal year, American Academy Of Audiology Foundation has awarded $58,168 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN ACADEMY OF AUDIOLOGY INC PURPOSE: VARIOUS EDUCATIONAL PROGRAMS | $58,168 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Maryland University Of Integrative Health Inc Laurel, MD | $10,513,654 | $10,951,718 |
American Uro-Gynecologic Society Silver Spring, MD | $3,881,810 | $5,937,935 |
Society For Maternal-Fetal Medicine Washington, DC | $13,428,501 | $4,632,415 |
American Congress Of Rehabilitation Medicine Reston, VA | $3,602,164 | $6,629,193 |
National Certification Commission For Acupuncture & Oriental Washington, DC | $4,726,544 | $4,348,742 |
American Academy Of Clinical Toxicology Mclean, VA | $1,046,841 | $576,014 |
Southeastern Society Of Pedodontists Richmond, VA | $851,873 | $301,518 |
American Academy Of Audiology Foundation Reston, VA | $887,458 | $110,994 |
Gbmc Ophthalmology Educational Foundation Inc Towson, MD | $3,376,297 | $134,211 |
American College Of Apothecaries Research & Education Foundation In Bartlett, TN | $877,655 | $64,440 |
Virginia Society Of Ornithology Williamsburg, VA | $811,271 | $175,214 |