Hearing & Speech Foundation
- Assets
- $778.0k
- Revenue
- $123.4k
- Investments
- $0.0
- Employees
- 2
- Location
- Maryville, TN
- Founding
- 06/1982
- Data as of
- 12/2022
- EIN
- 58-1458925
Organization Overview
Hearing & Speech Foundation is located in Maryville, TN. The organization was established in 1982. 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. As of 12/2022, Hearing & Speech Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hearing & Speech 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 12/2022, Hearing & Speech Foundation generated $123.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.2%) each year. All expenses for the organization totaled $148.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (11.8%) per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO SERVE INDIGENT INDIVIDUALS WITH SPEECH AND HEARING THERAPY AND HEARING AIDS
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE ORGANIZATION'S MISSION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John A Hinkle Executive Di | OfficerTrustee | 32 | $30,000 |
John S Berry Ceo/co-Found | OfficerTrustee | 1 | $0 |
Tonia Latham Board Chairm | OfficerTrustee | 1 | $0 |
Rick Shepard Secretary/tr | OfficerTrustee | 1 | $0 |
Noel H Case Board Member | Trustee | 1 | $0 |
Dr Joseph Johnson Board Member | Trustee | 1 | $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 | $83,146 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $83,146 |
| Total Program Service Revenue | $12,878 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $24,148 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $123,417 |
| 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. | $30,000 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $18,559 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,713 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $7,434 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $19,200 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $229 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,766 |
| Insurance | $4,393 |
| All other expenses | $8,930 |
| Total functional expenses | $148,429 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $701,294 |
| Savings and temporary cash investments | $0 |
| 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 | $67,500 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $9,228 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $778,022 |
| 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 | $778,022 |
| Net assets with donor restrictions | $0 |
| 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 | $778,022 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Hearing & Speech Foundation has recieved totaling $10,160.
| Awarding Organization | Amount |
|---|---|
United Way Of Blount County Maryville, TN PURPOSE: PROGRAM OPER. COST | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $160 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Amer Acad Of Otolarnygology Head & Neck Surgery Foundation Inc Alexandria, VA | $27,523,099 | $5,241,132 |
Registry Of Interpreters For The Deaf Alexandria, VA | $5,764,924 | $2,974,906 |
American Academy Of Otolaryngologic Allergy Inc Reston, VA | $5,697,272 | $1,896,845 |
Georgia Center Of The Deaf And Hard Of Hearing Inc Atlanta, GA | $775,762 | $1,461,145 |
Beginnings For Parents Of Children Who Are Deaf Or Hard Of Hearing Raleigh, NC | $70,068 | $1,337,968 |
Academy Of Doctors Of Audiology Lexington, KY | $460,244 | $1,024,883 |
Knoxville Center Of The Deaf Inc Knoxville, TN | $874,153 | $605,359 |
Communication Services For The Deaf And Hard Of Hearing Greensboro, NC | $338,531 | $769,971 |
American Tinnitus Association Vienna, VA | $4,470,250 | $3,562,683 |
Northern Virginia Resource Center For Deaf & Hard Of Hearing Persons Oakton, VA | $228,626 | $501,471 |
De L Epee Deaf Center Biloxi, MS | $661,974 | $337,806 |
California Academy Of Audiology Arden, NC | $274,283 | $237,788 |