Texas Speech Language Hearing Foundation
- Assets
- $2.0m
- Revenue
- $143.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Abilene, TX
- Founding
- 07/1985
- Data as of
- 12/2021
- EIN
- 75-2039669
Organization Overview
Texas Speech Language Hearing Foundation is located in Abilene, TX. The organization was established in 1985. According to its NTEE Classification (G42) the organization is classified as: Ear & Throat Diseases, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Texas 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, Texas Speech Language Hearing Foundation generated $143.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $75.2k during the year ending 12/2021. 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
A CHARITABLE FOUNDATION THAT SUPPORTS STUDENT SCHOLARSHIPS, CLINICAL RESEARCH EXCEPTIONAL PROGRAMS FOR THE BENEFIT OF AUDIO- LOGISTS SPEECH-LANGUAGE PATHOLOGISTS WHO SERVE INDIVIDUALS WITH COMMUNICATION DISORDERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIP AWARDS PROVIDED MONETARY AWARDS TO TWENTY-TWO RECIPIENTS FOR SCHOLARSHIPS WITHIN THE FIELD OF SPEECH LANGUAGE PATHOLOGY AND AUDIOLOGY.
RESEARCH GRANT AWARDS PROVIDED MONETARY AWARDS TO SEVEN RECIPIENTS FOR RESEARCH GRANTS RECIPIENTS WITHIN THE FIELD OF SPEECH LANGUAGE PATHOLOGY AND AUDIOLOGY.
EDUCATIONAL AWARDS PROVIDED MONETARY AWARDS TO THREE RECIPIENTS FOR EDUCATIONAL AWARDS WITHIN THE FIELD OF SPEECH LANGUAGE PATHOLOGY AND AUDIOLOGY.
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 |
|---|---|---|---|
Melinda Corwin Past-President | OfficerTrustee | 5 | $0 |
Gina Glover President | OfficerTrustee | 5 | $0 |
Debbie Sears Treasurer | OfficerTrustee | 5 | $0 |
Candace Hicks Recording Secretary | OfficerTrustee | 5 | $0 |
Name Not Listed Prsident Elect | Trustee | 5 | $0 |
Karen Boggs Communications | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $49,858 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $49,858 |
| Total Program Service Revenue | $0 |
| Investment income | $86,725 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $6,641 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $143,224 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $37,900 |
| 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 | $0 |
| Fees for services: Accounting | $13,492 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $17,754 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $54 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $531 |
| Insurance | $1,829 |
| All other expenses | $0 |
| Total functional expenses | $75,205 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18,616 |
| Savings and temporary cash investments | $51,649 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,902 |
| 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 | $600 |
| Net Land, buildings, and equipment | $1,860 |
| Investments—publicly traded securities | $1,921,550 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,996,177 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $179,115 |
| Net assets with donor restrictions | $1,817,062 |
| 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 | $1,996,177 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Texas Speech Language Hearing Foundation has recieved totaling $10,189.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $189 |
Endowment Analysis
| Beg. Balance | $1,521,421 |
| Earnings | $277,715 |
| Net Contributions | $55,826 |
| Grants | $37,900 |
| Ending Balance | $1,817,062 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Coalition For Barrier Free Living Houston, TX | $1,895,777 | $3,200,908 |
Deaf Action Center Dallas, TX | $3,984,127 | $1,421,727 |
Betty And Leonard Phillips Deaf Action Center Of Northwest La Inc Shreveport, LA | $866,913 | $780,439 |
Goodrich Center For The Deaf Inc Fort Worth, TX | $7,841,821 | $771,956 |
Texas Hearing Aid Association Austin, TX | $197,673 | $167,196 |
Texas Speech Language Hearing Foundation Abilene, TX | $1,996,177 | $143,224 |
Arkansas Speech Language Hearing Association Little Rock, AR | $119,699 | $0 |
Easter Seals Central Texas-Vaughn House Inc Austin, TX | $87,652 | $0 |
Louisiana Speech & Hearing Association Lafayette, LA | $70,225 | $0 |
Lafayette Athletic Association Of The Deaf Lafayette, LA | $503,704 | $56,629 |
Dulles Hs Speech & Debate Parents Organization Sugar Land, TX | $24,332 | $0 |
The@epstein Hear Us Now Foundation Dallas, TX | $4,048 | $502 |