LEXINGTON HEARING AND SPEECH CENTER INC (EIN 112646484) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1980

Legal Domicile

Principal Officer

RUSSELL O WEST

Phone

7183503009

Tax Period

2022-07-01 to 2023-06-30

LEXINGTON HEARING AND SPEECH CENTER INC, founded in 1980, is a community nonprofit in the Human Services sector that reported $1.1M in total revenue in fiscal year 2022. Revenue decreased 11% compared to the prior year.

Mission

TO PROVIDE HEARING AND SPEECH EVALUATION AND REHABILITATION SERVICES TO THE PUBLIC.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $12,000

Program Service Revenue $1,088,315

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,100,315

Expense Breakdown

Grants Paid $0

Salaries & Benefits $732,464

Fundraising Expenses $0

Program Expenses $922,278

Other Expenses $373,088

TOTAL EXPENSES $1,105,552

Year-over-Year Comparison

	2022	2021	Change
Revenue	$1,100,315	$1,230,237	-0.1%
Expenses	$1,105,552	$1,051,742	+0.1%
Net Income	$-5,237	$178,495	-1.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$691,486

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RUSSELL O WEST	CEO/SUPERINTENDENT	1.0	Officer	$9,786	$86,849	$324,711
MARIA NOTO	CFO	1.0	Officer	$7,516	$52,585	$235,270
IOANNIS IOANNOU	CLINIC DIRECTOR	35.0	Highest	$107,289	$31,565	$138,854
ADELE AGIN	EXECUTIVE DIRECTOR	11.67	Officer	$32,140	$19,194	$131,505
RUSSELL ROSEN PHD	PRESIDENT	0.1	Officer Director	$0	$0	$0
SUZANNE CHEN	1ST VICE PRES. (as of 6/23/23)	0.1	Officer Director	$0	$0	$0
KIM KURZ PHD	2ND VICE Pres. (as of 6/23/23	0.1	Officer Director	$0	$0	$0
IRENE LEIGH PHD	SECRETARY	0.1	Officer Director	$0	$0	$0
VINCENT DIMAGGIO CPA	TREASURER	0.1	Officer Director	$0	$0	$0
ALBERT J HLIBOK	TRUSTEE	0.1	Officer Director	$0	$0	$0
Ralph Reiser Esq	Vice President (thru 5/2023)	0.1	Officer Director	$0	$0	$0
GREGORY J HLIBOK ESQ	TRUSTEE	0.1	Director	$0	$0	$0
I DAVID PALEY	TRUSTEE	0.1	Director	$0	$0	$0
LINDA SCHLESINGER	TRUSTEE	0.1	Director	$0	$0	$0
MICHAEL DENDEKKER	TRUSTEE	0.1	Director	$0	$0	$0
PATRICE CREAMER	TRUSTEE	0.1	Director	$0	$0	$0
PHILIP W BRAVIN	TRUSTEE	0.1	Director	$0	$0	$0
SARA BASSON PHD	TRUSTEE	0.1	Director	$0	$0	$0
SETH BRAVIN	TRUSTEE	0.1	Director	$0	$0	$0
ELISABETH KRENTS PHD	TRUSTEE	0.1	Director	$0	$0	$0
LAUREN RIDLOFF	TRUSTEE	0.1	Director	$0	$0	$0
ONUDEAH NICOLARAKIS PHD	TRUSTEE	0.1	Director	$0	$0	$0
Arvin Pasricha	Trusteee	0.1	Director	$0	$0	$0
CLAUDIA GORDON ESQ	TRUSTEE (thru 3/2023)	0.1	Director	$0	$0	$0
DAVID BAHAR	TRUSTEE (thru 9/2022)	0.1	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$1,100,315	$1,105,552	$299,873	$-5,237
2022	$1,230,237	$1,051,742	$223,405	$178,495
2021	$1,008,356	$1,040,405	$328,031	$-32,049
2020	$868,946	$1,042,823	$229,740	$-173,877
2019	$1,099,526	$1,063,317	$224,671	$36,209
2018	$1,056,819	$1,072,948	$207,268	$-16,129

LEXINGTON HEARING AND SPEECH CENTER INC