YOUNGSTOWN HEARING AND SPEECH CENTER

EIN: 340742712 501(c)(3) Health Care

YOUNGSTOWN, OH

Total Revenue
$439,735
Total Expenses
$305,840
Total Assets
$1,641,354
Net Assets
$1,641,354
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1948
Legal Domicile
OH
Principal Officer
MICHAEL GREEN
Phone
3307431168
Tax Period
2023-09-01 to 2024-08-31

YOUNGSTOWN HEARING AND SPEECH CENTER, founded in 1948, is a small nonprofit in the Health Care sector that reported $440K in total revenue in fiscal year 2023. Revenue decreased 9% compared to the prior year. The organization ran a surplus of $134K, a strong 30% operating margin.

Mission

TO PROVIDE TESTING, TREATMENT, AND COUNSELING FOR INDIVIDUALS WHO ARE DEAF OR HEARING IMPAIRED OR HAVE DIFFICULTY SPEAKING PROPERLY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $130,596
Program Service Revenue $292,811
Investment Income $16,328
Other Revenue $0
TOTAL REVENUE $439,735

Expense Breakdown

Grants Paid $0
Salaries & Benefits $238,655
Fundraising Expenses $0
Program Expenses $271,078
Other Expenses $67,185
TOTAL EXPENSES $305,840

Year-over-Year Comparison

2023 2022 Change
Revenue $439,735 $483,119 -0.1%
Expenses $305,840 $108,400 +1.8%
Net Income $133,895 $374,719 -0.6%
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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Governance

Voting Members
16
Independent Members
16
Employees
N/A
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
6
$197,843
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JANE EVANS TRUSTEE 1.00
Director
$0 $0 $0
SUSAN BERNY TRUSTEE 1.00
Director
$0 $0 $0
ELENA LIMBERT TRUSTEE 1.00
Director
$0 $0 $0
JOAN ZARLENGA TRUSTEE 1.00
Director
$0 $0 $0
JOSEPH FANTO TRUSTEE 1.00
Director
$0 $0 $0
DEBORAH LIPTAK VICE CHAIRPERSON 2.00
Officer Director
$0 $0 $0
GERI KOSAR TRUSTEE 1.00
Director
$0 $0 $0
GARY COHEN SECRETARY 2.00
Officer Director
$0 $0 $0
PHYLLIS BACON CHAIRPERSON 2.00
Officer Director
$0 $0 $0
ROBERT RUPEKA TREASURER 2.00
Officer Director
$0 $0 $0
TED THORNTON JR TRUSTEE 1.00
Director
$0 $0 $0
LIAM JONES TRUSTEE 1.00
Director
$0 $0 $0
CHRISTINE LOZZI TRUSTEE 1.00
Director
$0 $0 $0
JODY KLASE CHIEF EXECUTIVE OFFICER 40.00
Officer
$0 $0 $110,843
MICHAEL GREEN CHIEF FINANCIAL OFFICER 40.00
Officer
$0 $0 $87,000
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
2024 $439,735 $305,840 $1,641,354 $133,895
2023 $483,119 $108,400 $1,505,226 $374,719
2022 $529,619 $648,532 $1,172,631 $-118,913
2021 $394,934 $234,784 $1,415,299 $160,150
2021 $449,474 $234,785 $1,252,662 $214,689
2020 $471,903 $420,927 $949,473 $50,976
2019 $743,170 $498,659 $1,222,026 $244,511
2018 $784,967 $554,029 $963,038 $230,938
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