THE CENTER FOR HEARING AND SPEECH FOUNDATION (EIN 760161031) - 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

1985

Legal Domicile

Principal Officer

KYLE SWIFT

Phone

7135233633

Tax Period

2023-01-01 to 2023-12-31

THE CENTER FOR HEARING AND SPEECH FOUNDATION, founded in 1985, is a small nonprofit in the Education sector that reported $466K in total revenue in fiscal year 2023. Revenue fell 37% from the prior year — a significant decline worth monitoring. Expenses of $2.0M exceeded revenue, resulting in a 338% operating deficit.

Mission

THE PURPOSE OF THE CENTER FOR HEARING AND SPEECH FOUNDATION IS TO GENERATE INVESTMENT INCOME TO BE TRANSFERRED TO THE CENTER FOR HEARING AND SPEECH FOR USE IN ITS OPERATIONS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $436,654

Other Revenue $29,584

TOTAL REVENUE $466,238

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $40,000

Other Expenses $2,041,880

TOTAL EXPENSES $2,041,880

Year-over-Year Comparison

	2023	2022	Change
Revenue	$466,238	$735,054	-0.4%
Expenses	$2,041,880	$2,036,040	+0.0%
Net Income	$-1,575,642	$-1,300,986	+0.2%

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

N/A

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
JON P STARK	TRUSTEE	1.00	Director	$0	$0	$0
STEPHANIE PALASKAS	TRUSTEE	1.00	Director	$0	$0	$0
STEVE MACICEK	TRUSTEE	1.00	Director	$0	$0	$0
FORREST GREEN	PRESIDENT	1.00	Officer	$0	$0	$0
KEVIN BOYLE	VICE PRESIDENT/TREASURER	1.00	Officer	$0	$0	$0
SAMANTHA BRANTLEY	SECRETARY	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
2024	No data	No data	No data	No data
2023	$466,238	$2,041,880	$19,052,118	$-1,575,642
2022	$735,054	$2,036,040	$18,439,486	$-1,300,986
2021	$1,133,803	$373,346	$20,018,186	$760,457
2020	$3,579,863	$9,847,606	$21,479,925	$-6,267,743
2019	$14,924,723	$32,312	$27,170,937	$14,892,411
2018	$2,312,819	$640,330	$13,859,307	$1,672,489

THE CENTER FOR HEARING AND SPEECH FOUNDATION