NATIONAL ASSOCIATION FOR HEARING AND SPEECH ACTION

EIN: 530196545 501(c)(3) Health Care

ROCKVILLE, MD

Total Revenue
$80,342
Total Expenses
$341,694
Total Assets
$3,209,848
Net Assets
$3,140,436
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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
1956
Legal Domicile
DC
Principal Officer
JOSEPH CERQUONE
Phone
3012965700
Tax Period
2023-01-01 to 2023-12-31

NATIONAL ASSOCIATION FOR HEARING AND SPEECH ACTION, founded in 1956, is a micro nonprofit in the Health Care sector that reported $80K in total revenue in fiscal year 2023. Revenue fell 81% from the prior year — a significant decline worth monitoring. Expenses of $342K exceeded revenue, resulting in a 325% operating deficit.

Mission

PROMOTION OF THE INTEREST OF PERSONS WITH HEARING, SPEECH, AND LANGUAGE DISABILITIES BY MEANS OF INCREASING PUBLIC UNDERSTANDING AND STIMULATING CONSUMER ADVOCACY.

Program Service Accomplishments

Program 1
Expenses: $323,225 Revenue: $10,253

TO SUPPORT OUTREACH THAT INFORMS AND FAMILIARIZES CONSUMERS ABOUT HUMAN COMMUNICATION ISSUES AND THE RELATED HELP AND EXPERTISE THAT IS AVAILABLE FROM THE PROFESSIONS OF SPEECH-LANGUAGE PATHOLOGY AND...

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TO SUPPORT OUTREACH THAT INFORMS AND FAMILIARIZES CONSUMERS ABOUT HUMAN COMMUNICATION ISSUES AND THE RELATED HELP AND EXPERTISE THAT IS AVAILABLE FROM THE PROFESSIONS OF SPEECH-LANGUAGE PATHOLOGY AND AUDIOLOGY.

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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 $0
Program Service Revenue $10,253
Investment Income $70,089
Other Revenue $0
TOTAL REVENUE $80,342

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $323,225
Other Expenses $341,694
TOTAL EXPENSES $341,694

Year-over-Year Comparison

2023 2022 Change
Revenue $80,342 $419,564 -0.8%
Expenses $341,694 $249,383 +0.4%
Net Income $-261,352 $170,181 -2.5%
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

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
3

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
2
$1,056,284
Total Directors
6
$1,351,293
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
VICKI R DEAL-WILLIAMS PRESIDENT -PART TIME 0.5
Officer Director
$0 $148,256 $803,724
SELENA A RAMKEESOON BOARD MEMBER-PART TIME 1.0
Director
$0 $38,634 $295,009
JOSEPH CERQUONE EXECUTIVE DIRECTOR-PART TIME 2.0
Officer Director
$0 $52,156 $252,560
DANIELLE COOPER Board Member-Part Time 0.25
Director
$0 $0 $0
VARLEISHA D GIBBS Board Member-Part Time 0.25
Director
$0 $0 $0
SUSAN YAFFE-OZIEL Board Member-Part Time 0.25
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
2024 No data No data No data No data
2023 $80,342 $341,694 $3,209,848 $-261,352
2022 $419,564 $249,383 $3,148,078 $170,181
2021 $422,164 $162,979 $3,397,187 $259,185
2020 $406,993 $68,510 $2,917,428 $338,483
2019 $95,751 $130,134 $2,435,641 $-34,383
2018 $295,226 $224,954 $2,243,305 $70,272
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