LISTEN FOUNDATION INC

EIN: 237060754 501(c)(3)

GREENWOOD VILLAGE, CO

Total Revenue
$1,646,646
Total Expenses
$559,971
Total Assets
$2,776,966
Net Assets
$2,754,699
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Financial Trends

Organization Details

Formation Year
1969
Legal Domicile
CO
Principal Officer
Todd Hallberg
Phone
3037819440
Tax Period
2024-01-01 to 2024-12-31

LISTEN FOUNDATION INC, founded in 1969, is a community nonprofit that reported $1.6M in total revenue in fiscal year 2024. Revenue surged 216% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.1M, a strong 66% operating margin.

Mission

The Listen Foundation provides for and assists children who are deaf or hard of hearing and their families, with access to a proven speech, language, and listening therapy method to help them achieve a life of independence. This includes providing support programs for families and professionals that are involved in helping these children achieve their goal of learning to listen and talk.

Program Service Accomplishments

Program 1
Expenses: $189,152 Revenue: $80,440

The Listen CI (Cochlear Implant) Camp helps build a much-needed peer group for children with cochlear implants and their parents who are often navigating the mainstreamed and hearing loss communities...

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The Listen CI (Cochlear Implant) Camp helps build a much-needed peer group for children with cochlear implants and their parents who are often navigating the mainstreamed and hearing loss communities alone. Camp encourages participants to share their experiences and learn from each other to address their needs at different ages and stages of development in a warm, accepting environment. For many, this is the only opportunity they have to spend time with other families whose children have cochlear implants. Children and their siblings gain self-confidence by seeing and relating to others like them.

Program 2
Expenses: $184,799 Revenue: $4,333

Listening and Spoken Language Therapy Program is a parent-centered approach that focuses on listening as the primary input for learning spoken language. With the use of hearing aids and/or cochlear...

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Listening and Spoken Language Therapy Program is a parent-centered approach that focuses on listening as the primary input for learning spoken language. With the use of hearing aids and/or cochlear implants, these children learn to listen, comprehend spoken language and to speak and read. This is not a technique, but rather a way of life that is practiced daily. All families now have access to a Listen ReferralTherapist through telehealth videoconferencing where distance traveled, or other factors make this the most practical methodology.

Program 3
Expenses: $42,794 Revenue: $41,262

Early Intervention Services is a statewide, home-based early intervention program that supports newly diagnosed children with hearing loss from birth to age three. The Listen Foundation contracts...

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Early Intervention Services is a statewide, home-based early intervention program that supports newly diagnosed children with hearing loss from birth to age three. The Listen Foundation contracts directly with state agencies responsible for delivering therapy services to infants and toddlers immediately following a hearing loss diagnosis. Integrating into this state-run but federally funded program for children with disabilities has been a decades-long effort. Historically, sign language has been the primary communication option presented to parents; however, the Listen Foundation is dedicated to ensuring that families also have access to Listening and Spoken Language (LSL) therapy. Once an LSL therapist is assigned to a family for weekly home visits, a portion of the cost is funded by the government. The Listen Foundation covers the remaining costs, including therapist travel expenses, as they serve an expanding metro area. Currently, the Listen Foundation holds contracts with eight state agencies.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,430,556
Program Service Revenue $126,036
Investment Income $70,270
Other Revenue $19,784
TOTAL REVENUE $1,646,646

Expense Breakdown

Grants Paid $0
Salaries & Benefits $104,458
Fundraising Expenses $16,759
Program Expenses $416,745
Other Expenses $455,513
TOTAL EXPENSES $559,971

Year-over-Year Comparison

2024 2023 Change
Revenue $1,646,646 $520,559 +2.2%
Expenses $559,971 $532,621 +0.1%
Net Income $1,086,675 $-12,062 -91.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
11
Independent Members
11
Employees
4
Volunteers
60

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
4
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Grant Bugner President 1.00
Officer Director
$0 $0 $0
Allison Biever Secretary 1.00
Officer Director
$0 $0 $0
Doug Pollack Treasurer 1.00
Officer Director
$0 $0 $0
Naomi Cohen Director 1.00
Director
$0 $0 $0
Jill Jacobs Director 1.00
Director
$0 $0 $0
Alycia Steiner Director 1.00
Director
$0 $0 $0
Marti Bleidt Director 1.00
Director
$0 $0 $0
Brittany Loeser Director 1.00
Director
$0 $0 $0
Alex Rosenberg Director 1.00
Director
$0 $0 $0
Jake Larson Director 1.00
Director
$0 $0 $0
Michelle Sandt-Wade Director 1.00
Director
$0 $0 $0
Randy Eidler Director 1.00
Director
$0 $0 $0
Todd Hallberg Executive Dir. 1.00
Officer
$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 $1,646,646 $559,971 $2,776,966 $1,086,675
2023 $520,559 $532,621 $1,611,038 $-12,062
2022 $986,885 $476,333 $1,517,660 $510,552
2021 $886,791 $416,164 $1,135,368 $470,627
2020 $375,929 $289,474 $641,255 $86,455
2019 $551,658 $361,886 $566,002 $189,772
2018 $334,899 $258,794 $343,669 $76,105
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