Center For Hearing And Speech
- Assets
- $22.2m
- Revenue
- $7.8m
- Investments
- $0.0
- Employees
- 83
- Location
- Houston, TX
- Founding
- 09/1950
- Data as of
- 12/2021
- EIN
- 74-6003178
Organization Overview
Center For Hearing And Speech, operating under the name Texas Hearing Institute, is located in Houston, TX. The organization was established in 1950. According to its NTEE Classification (B28) the organization is classified as: Special Education, under the broad grouping of Education and related organizations. As of 12/2021, Texas Hearing Institute employed 83 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Texas Hearing Institute 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, Texas Hearing Institute generated $7.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.0% each year . All expenses for the organization totaled $5.3m during the year ending 12/2021. While expenses have increased by 6.8% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE CENTER IS A COMPREHENSIVE RESOURCE FOR CHILDREN WITH HEARING LOSS, INCLUDING FULL-SCALE AUDIOLOGY AND SPEECH THERAPY CLINICS, AS WELL AS AN AUDITORY-ORAL SCHOOL FOR CHILDREN 18 MOS. TO 6 YRS. THE CENTER'S PRIMARY MISSION IS TO TEACH HEARING IMPAIRED CHILDREN TO LISTEN, SPEAK AND READ.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MELINDA WEBB SCHOOL - MASTERS LEVEL TEACHERS OF THE DEAF AND LOW STUDENT-TEACHER RATIOS HELP STUDENTS AGES 18 MONTHS TO 6 YEARS OLD ACCELERATE THEIR DEVELOPMENT OF SPOKEN LANGUAGE, LISTENING, AND LITERACY SKILLS SO THEY CAN ATTEND MAINSTREAM SCHOOLS BY FIRST GRADE. STUDENTS HAVE ACCESS TO PHYSICAL AND OCCUPATIONAL THERAPISTS, AUDIOLOGISTS TO TROUBLESHOOT HEARING DEVICES, AND SPEECH PATHOLOGISTS. THE MELINDA WEBB SCHOOL ALSO ENROLLS CHILDREN WHO ARE NOT DEAF OR HARD OF HEARING SO THEY MAY BENEFIT FROM ITS LANGUAGE-RICH ENVIRONMENT.
AUDIOLOGY DEPARTMENT - PEDIATRIC AUDIOLOGISTS WITH DOCTORAL DEGREES PROVIDE A FAMILY-CENTERED, EVIDENCE-BASED EARLY INTERVENTION APPROACH TO ACHIEVE OPTIMAL SPEECH AND LANGUAGE OUTCOMES FOR CHILDREN WHO ARE DEAF AND HARD OF HEARING FROM BIRTH TO AGE 21. TO ENABLE CHILDREN TO MAXIMIZE THEIR HEARING, OUR CLINIC IS ON THE CUTTING EDGE OF NEW TECHNOLOGIES, WHICH INCLUDE HEARING AIDS, OSSEOINTEGRATED DEVICES, COCHLEAR IMPLANTS AND REMOTE MICROPHONE SOLUTIONS.
SPEECH THERAPY SERVICES - CERTIFIED LISTENING AND SPOKEN LANGUAGE SPECIALISTS PROVIDE SPECIALIZED LISTENING, LANGUAGE, AND SPEECH SERVICES TO CHILDREN WHO ARE DEAF AND HARD OF HEARING FROM BIRTH TO AGE 21. TO HELP CHILDREN REACH THEIR FULL LISTENING AND SPOKEN LANGUAGE POTENTIAL, OUR SPEECH THERAPISTS WORK WITH FAMILIES ON INDIVIDUALIZED TREATMENT PLANS, PROVIDE TOOLS THEY WILL NEED FOR THEM, AND OFFER SERVICES IN BOTH ENGLISH AND SPANISH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Swift CEO | 40 | $178,500 | |
Jennifer Wickesberg Director Of Audiology | 40 | $125,119 | |
Mary Collins-Raun Development Director | 40 | $122,004 | |
Rachel Beasley Director Of Finance | 40 | $122,004 | |
Brian Brantley Secretary | OfficerTrustee | 1 | $0 |
Alan Smith Chairman | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $359,091 |
| Membership dues | $0 |
| Fundraising events | $603,457 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,529,252 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,491,800 |
| Total Program Service Revenue | $1,789,461 |
| Investment income | $238 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$49,864 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $142,636 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,845,274 |
| 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. | $547,626 |
| Compensation of current officers, directors, key employees. | $55,126 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,726,613 |
| Pension plan accruals and contributions | $114,391 |
| Other employee benefits | $206,929 |
| Payroll taxes | $240,246 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $16,676 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $359,850 |
| Advertising and promotion | $0 |
| Office expenses | $183,809 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $325,448 |
| Travel | $3,966 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,047 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $514,005 |
| Insurance | $43,710 |
| All other expenses | $15,607 |
| Total functional expenses | $5,303,923 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,427,960 |
| Savings and temporary cash investments | $89,045 |
| Pledges and grants receivable | $3,435,910 |
| Accounts receivable, net | $1,611,763 |
| 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 | $44,482 |
| Net Land, buildings, and equipment | $14,542,865 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $22,152,025 |
| Accounts payable and accrued expenses | $3,780,739 |
| 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 | $3,780,739 |
| Net assets without donor restrictions | $18,104,709 |
| Net assets with donor restrictions | $266,577 |
| 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 | $22,152,025 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Center For Hearing And Speech has recieved totaling $909,005.
| Awarding Organization | Amount |
|---|---|
United Way Of Greater Houston Houston, TX PURPOSE: General Support | $415,180 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $407,325 |
The Cullen Trust For Health Care Houston, TX PURPOSE: Program support | $50,000 |
Greater Houston Community Foundation Houston, TX PURPOSE: HEALTH | $26,250 |
Friedman - Kline Family Foundation Houston, TX PURPOSE: CHARITABLE | $10,000 |
Shell Oil Company Foundation Houston, TX PURPOSE: MG | $250 |
Endowment Analysis
| Beg. Balance | $13,059,259 |
| Earnings | $1,401,727 |
| Net Contributions | $4,770,679 |
| Ending Balance | $19,231,665 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Magnolia Community Services Inc Jefferson, LA | $29,222,261 | $19,467,265 |
Moody Endowment Galveston, TX | $686,505,507 | $152,947,665 |
Brighton Center San Antonio, TX | $13,972,344 | $15,692,851 |
The Brookwood Community Inc Brookshire, TX | $8,710,239 | $19,329,578 |
Sunshine Cottage School For Deaf Children San Antonio, TX | $24,153,447 | $11,863,105 |
Burleson St Joseph Health Center Of Caldwell Texas Bryan, TX | $18,400,650 | $13,899,654 |
The Elizabeth Richardson Center Inc Fayetteville, AR | $5,939,188 | $10,158,731 |
Draw Academy Incorporated Houston, TX | $4,055,605 | $10,027,350 |
Child Study Center Fort Worth, TX | $14,339,570 | $9,360,325 |
Briarwood School Houston, TX | $7,638,237 | $8,954,444 |
Civitan Center Benton, AR | $7,426,072 | $8,172,929 |
Democracy Prep Louisiana Charter School Baton Rouge, LA | $3,691,538 | $8,557,999 |