Acoustic Neuroma Association is located in Cumming, GA. The organization was established in 1981. As of 12/2022, Acoustic Neuroma Association employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Acoustic Neuroma Association 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 12/2022, Acoustic Neuroma Association generated $803.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $671.7k during the year ending 12/2022. While expenses have increased by 5.0% per year over the past 8 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 SUPPORT AND INFORMATION TO INDIVIDUALS DIAGNOSED WITH ACOUSTIC NEUROMA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE SUPPORT AND INFORMATION TO PATIENTS WHO HAVE ACOUSTIC NEUROMAS AND HELP PROMOTE EDUCATIONAL TOOLS AND SERVICES.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Shea CEO | Officer | 40 | $124,283 |
Neil D Donnenfeld President/past-President | OfficerTrustee | 1 | $0 |
Meredith Daly Vice President/president | OfficerTrustee | 1 | $0 |
Tracy Denmark-Schwimmer Treasurer | OfficerTrustee | 1 | $0 |
Ronson Mahla Co-Secretary | OfficerTrustee | 1 | $0 |
Samira Rajabi Co-Secretary | OfficerTrustee | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Federated campaigns | $4,718 |
| Membership dues | $77,904 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $698,595 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $781,217 |
| Total Program Service Revenue | $0 |
| Investment income | $17,401 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$1,861 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $3,968 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $803,017 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $99,908 |
| 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. | $127,883 |
| Compensation of current officers, directors, key employees. | $45,857 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $211,159 |
| Pension plan accruals and contributions | $8,929 |
| Other employee benefits | $0 |
| Payroll taxes | $27,145 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $4,150 |
| Fees for services: Investment Management | $3,814 |
| Fees for services: Other | $23,106 |
| Advertising and promotion | $12,095 |
| Office expenses | $41,378 |
| Information technology | $25,181 |
| Royalties | $0 |
| Occupancy | $21,650 |
| 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 | $0 |
| Insurance | $5,730 |
| All other expenses | $4,778 |
| Total functional expenses | $671,678 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $414,623 |
| Savings and temporary cash investments | $101,717 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $753,764 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,270,104 |
| Accounts payable and accrued expenses | $162,121 |
| Grants payable | $0 |
| Deferred revenue | $10,000 |
| 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 | $172,121 |
| Net assets without donor restrictions | $1,012,039 |
| Net assets with donor restrictions | $85,944 |
| 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 | $1,270,104 |
Over the last fiscal year, Acoustic Neuroma Association has awarded $99,908 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
MOUNT SINAI MEDICAL CENTER PURPOSE: RESEARCH | $25,000 |
MAYO CLINIC RESEARCH PURPOSE: RESEARCH | $24,908 |
UC SAN DIEGO HEALTH PURPOSE: RESEARCH | $25,000 |
UC SAN FRANCISCO SCHOOL OF MEDICINE PURPOSE: RESEARCH | $25,000 |
| Organization Name | Assets | Revenue |
|---|---|---|
Charlotte Speech And Hearing Center Inc Charlotte, NC | $2,465,609 | $3,100,677 |
Sertoma Speech & Hearing Foundation Of Florida Inc New Port Richey, FL | $1,397,359 | $2,576,114 |
Jacksonville Speech And Hearing Center Inc Jacksonville, FL | $1,400,669 | $2,114,160 |
Mountain Region Speech And Hearing Center Kingsport, TN | $633,672 | $1,388,575 |
Acoustic Neuroma Association Cumming, GA | $1,270,104 | $803,017 |
John W Looper Jr Speech & Hearing Clinic Inc Dalton, GA | $1,258,232 | $429,590 |
Northeast Georgia Speech Center Inc Gainesville, GA | $651,525 | $315,464 |
Speech Hearing And Rehabilitation Enterprises Of Coastal Georgia Inc Brunswick, GA | $459,789 | $190,626 |
Anderson Oconee Speech & Hearing Services Inc Anderson, SC | $63,195 | $123,613 |