ILLINOIS SPEECH-LANGUAGE-HEARING A… - Form 990 Financial Data

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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

1960

Legal Domicile

Phone

3126440828

Tax Period

2024-09-01 to 2025-08-31

ILLINOIS SPEECH-LANGUAGE-HEARING ASSOC, founded in 1960, is a small nonprofit that reported $438K in total revenue in fiscal year 2024.

Mission

TO SUPPORT AND ADVOCATE FOR SPEECH-LANGUAGE PATHOLOGISTS,AUDIOLOGISTS, AND THE INDIVIDUALS THEY SERVE WITH COMMUNICATION,HEARING, AND SWALLOWING DISORDERS.

Program Service Accomplishments

Program 1

THE ASSOCIATION HOLDS AN ANNUAL CONVENTION WHICH PROVIDES EDUCATIONALSEMINARS AND LECTURES FOR ITS MEMBERS.

Program 2

THE ORGANIZATION KEEPS ITS MEMBERS INFORMED ABOUT INDUSTRY DEVELOPMENTSTHROUGH ITS WEBSITE, PUBLICATIONS AND VARIOUS OTHER COMMUNICATIONMETHODS.

Program 3

THE ORGANIZATION PROVIDES NETWORKING OPPORTUNITIES FOR ITS MEMBERS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $2,120

Program Service Revenue $400,567

Investment Income $35,276

Other Revenue $0

TOTAL REVENUE $437,963

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $442,018

TOTAL EXPENSES $442,018

Year-over-Year Comparison

	2024	2023	Change
Revenue	$437,963	$429,136	+0.0%
Expenses	$442,018	$459,156	0.0%
Net Income	$-4,055	$-30,020	-0.9%

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

N/A

Volunteers

120

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Danielle Osmelak	President	1.00	Officer Director	$0	$0	$0
Heidi Verticchio	President-ELECT	1.00	Officer Director	$0	$0	$0
Valerie Elise Boyer	PAST PRESIDENT	1.00	Officer Director	$0	$0	$0
Elise Drejas	VP ASSN AFFAIRS	1.00	Director	$0	$0	$0
Heidi Ramrattan	VP Aud Affs	1.00	Director	$0	$0	$0
Leslie Guca	VP EL aud Affs	1.00	Director	$0	$0	$0
Jennine Harvey-Northrup	VP EDUC DEV	1.00	Director	$0	$0	$0
Kim Hoffer	VP Prof Service	1.00	Director	$0	$0	$0
Nichole Mulvey	VP-el Edud dev	1.00	Director	$0	$0	$0
Cassie Flack	Rep Council Cha	1.00	Director	$0	$0	$0
Kim Pritikin	VP Leg & Reg Af	1.00	Director	$0	$0	$0
Karen Cannon-Janettas	VP PR Consreg	1.00	Director	$0	$0	$0
Lynne Cameron	VP Prof. Affair	1.00	Director	$0	$0	$0
Nicole Bing	VP PrServs aff	1.00	Director	$0	$0	$0
Ashleigh Pierce	VP-Prof & Cons	1.00	Director	$0	$0	$0
Paul Doggett	EX-OFF EXEC DIR	20.00	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	$437,963	$442,018	$379,459	$-4,055
2024	$429,136	$459,156	$415,501	$-30,020
2023	$343,560	$524,081	$416,004	$-180,521
2022	$353,477	$391,015	$551,637	$-37,538
2021	$466,488	$422,074	$643,241	$44,414
2020	$556,334	$616,755	$665,013	$-60,421

ILLINOIS SPEECH-LANGUAGE-HEARING ASSOC