Civic Intelligence

American Speech-Language-Hearing Foundation

990 • Fiscal year 2018 • EIN 52-6055761

Jan 01, 2018 to Dec 31, 2018 • Filed on Oct 31, 2019

2200 Research BlvdRockville, MD 20850-3289

(301) 296-8644

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

14th percentile

0.01x

Higher debt load relative to assets than 14% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Liabilities / Revenue

18th percentile

0.05x

Higher debt load relative to revenue than 18% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Net Margin

92nd percentile

55%

Higher net margin than 92% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Top Officer Pay

52nd percentile

$179,487

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 5.9% of source-year revenue.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Asset Growth

51st percentile

2.2%

Faster asset growth than 51% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Revenue Growth

81st percentile

25%

Faster revenue growth than 81% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Assets

Up

$15,503,193

Up $338,126 (+2.2%) from 2017

Net Assets

Up

$15,337,202

Up $466,067 (+3.1%) from 2017

Liabilities

Down

$165,991

Down $127,941 (-44%) from 2017

Revenue

Up

$3,055,068

Up $611,003 (+25%) from 2017

Expenses

Up

$1,373,575

Up $11,451 (+0.8%) from 2017

Net Income

Up

$1,681,493

Up $599,552 (+55%) from 2017

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30M$20M$10M$0Assets 2011: $8,539,774Liabilities 2011: $111,547Net Assets 2011: $8,428,2272011Assets 2012: $9,146,273Liabilities 2012: $131,935Net Assets 2012: $9,014,3382012Assets 2013: $10,696,128Liabilities 2013: $123,100Net Assets 2013: $10,573,0282013Assets 2014: $11,951,902Liabilities 2014: $153,005Net Assets 2014: $11,798,8972014Assets 2015: $12,721,683Liabilities 2015: $102,904Net Assets 2015: $12,618,7792015Assets 2016: $13,258,285Liabilities 2016: $241,799Net Assets 2016: $13,016,4862016Assets 2017: $15,165,067Liabilities 2017: $293,932Net Assets 2017: $14,871,1352017Assets 2018: $15,503,193Liabilities 2018: $165,991Net Assets 2018: $15,337,2022018Assets 2019: $17,984,878Liabilities 2019: $139,442Net Assets 2019: $17,845,4362019Assets 2020: $20,821,371Liabilities 2020: $226,412Net Assets 2020: $20,594,9592020Assets 2021: $22,981,393Liabilities 2021: $216,029Net Assets 2021: $22,765,3642021Assets 2022: $20,555,479Liabilities 2022: $209,170Net Assets 2022: $20,346,3092022Assets 2023: $22,334,773Liabilities 2023: $340,134Net Assets 2023: $21,994,6392023Assets 2024: $23,879,781Liabilities 2024: $496,106Net Assets 2024: $23,383,6752024

Highlighted filing

2018

Assets$15,503,193
Liabilities$165,991
Net Assets$15,337,202

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0Expenses 2011: $789,8492011Expenses 2012: $1,039,0112012Revenue 2013: $1,814,111Expenses 2013: $1,101,352Net Income 2013: $712,7592013Revenue 2014: $3,385,250Expenses 2014: $1,356,450Net Income 2014: $2,028,8002014Revenue 2015: $2,785,545Expenses 2015: $1,357,335Net Income 2015: $1,428,2102015Revenue 2016: $1,766,523Expenses 2016: $1,611,575Net Income 2016: $154,9482016Revenue 2017: $2,444,065Expenses 2017: $1,362,124Net Income 2017: $1,081,9412017Revenue 2018: $3,055,068Expenses 2018: $1,373,575Net Income 2018: $1,681,4932018Revenue 2019: $2,151,112Expenses 2019: $1,404,232Net Income 2019: $746,8802019Revenue 2020: $3,265,498Expenses 2020: $1,407,450Net Income 2020: $1,858,0482020Revenue 2021: $3,312,492Expenses 2021: $1,578,663Net Income 2021: $1,733,8292021Revenue 2022: $1,747,535Expenses 2022: $1,470,101Net Income 2022: $277,4342022Revenue 2023: $2,480,350Expenses 2023: $1,779,035Net Income 2023: $701,3152023Revenue 2024: $2,108,854Expenses 2024: $1,869,360Net Income 2024: $239,4942024

Highlighted filing

2018

Revenue$3,055,068
Expenses$1,373,575
Net Income$1,681,493
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Oct 31, 2019
Return Version
2018v3.1
Gross Receipts
$7,047,252
Mission and Program Overview

Mission

The ashfoundation's mission is to advance knowledge and improve practice in serving children and adults with speech, language, or hearing disorders by supporting research and education and by facilitating innovative directions for the discipline of communication sciences and disorders. The vision of the american speech-language-hearing foundation is to ensure that all individuals reach their full communication potential.

To advance knowledge and improve practice in serving children and adults with communication disorders through support of research, education, and innovative initiatives.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$11,771,537$11,163,274▼ $608,263
Accounts Receivable$2,476,278$3,369,585▲ $893,307
Savings and Temporary Cash Investments$468,220$514,162▲ $45,942
Investments Other Securities$449,032$456,172▲ $7,140
Cash and Non-Interest-Bearing Accounts$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Program Related$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$15,165,067$15,503,193▲ $338,126
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$293,932$165,991▼ $127,941
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$293,932$165,991▼ $127,941
Net Assets / Fund Balance
Unrestricted Net Assets$9,457,835$9,211,554▼ $246,281
Temporarily Rstr Net Assets$3,189,883$3,851,702▲ $661,819
Permanently Rstr Net Assets$2,223,417$2,273,946▲ $50,529
Total Net Assets Fund Balance$14,871,135$15,337,202▲ $466,067
Total Liabilities and Net Assets / Fund Balance$15,165,067$15,503,193▲ $338,126

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$2,972,641$50,529▼ $157,886$2,320$2,756,714
2017$2,563,828$93,631▲ $370,697$1,765$2,972,641
2016$2,497,308$27,965▲ $130,515$1,960$2,563,828
2015$1,712,944$901,846▼ $15,246$1,280$2,497,308
2014$1,659,642$20,761▲ $86,881$1,840$1,712,944
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Nancy J MinghettiExecutive DirectorFT$167,619$11,868$179,487
Beverly RyanAnnual Giving ManagerFT$103,380$27,949$131,329

Board Members and Trustees

NameTitle
Thomas F CampbellPast President
Allan DiefendorfPresident
Cheryl McDougald PearsonTrustee
Julie Barkmeier-KraemerTrustee
Karen Iler KirkTrustee
Lauren CalandruccioTrustee
Melissa BehmTrustee
Shari RobertsonTrustee
Stacy L WilliamsTrustee
Tommie L Robinson JrVP, Development Committee
Julie MastersonVP, Financial Review Committee
Patricia A PrelockVP, Organization Committee
Lesley OlswangVP, Program & Awards Committee
Revenue and Support

Revenue Composition

Contributions and Grants
$2,342,042
Program Service Revenue
$36,510
Investment Income
$643,751
Other Revenue
$32,765
All Other Contributions
$652,683
Change in Net Assets
$1,681,493

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,013,108
Revenue Not Reported on Financial Statements
$41,960
Revenue Not Reported on Form 990
$-933,907
Total Revenue per Audited Statements
$2,079,201
Total Revenue per Form 990
$3,055,068
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$639,145
Salaries, Compensation, and Employee Benefits$406,493
Other Expenses$327,937
Total Fundraising Expense$224,220
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$350,000--$350,000
Grants to Domestic Individuals$289,145--$289,145
Current Officers, Directors, Trustees, and Key Employees$85,954$38,202$66,853$191,009
Other Salaries and Wages$28,440$39,124$86,496$154,060
Fees for Services Other$63,518$28,982$3,575$96,075
Office Expenses$26,799$31,624$29,738$88,161
Fees for Service Investment Mgmnt Fees-$41,960-$41,960
Fees for Services Accounting-$32,282-$32,282
Travel$7,223$16,200$1,817$25,240
Payroll Taxes$7,298$5,507$10,949$23,754
Other Employee Benefits$4,628$2,726$15,984$23,338
Other Expenses$21,366$4$700$22,070
Conferences and Meetings$18,267$1,242-$19,509
Pension Plan Contributions$2,653$3,571$8,108$14,332
Total Functional Expenses$905,291$244,064$224,220$1,373,575

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,613,134
Total Expenses per Form 990$1,373,575
Expenses per Audited Statements$1,331,144
Expenses Not Reported on Form 990$281,990
Expenses Not Reported on Financial Statements$42,431
Other Expense Adjustments$471
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Bd of Trustees-Leland Stanford JrPalto Alto, CA501(c)(3)2018 Research Grant$35,000
Pennsylvania State UniversityUniversity Park, PAGovernment2018 Research Grant$35,000
University of MassachusettsShrewsbury, MAGovernment2018 Research Grant$35,000
University of South FloridaTampa, FLGovernment2018 Research Grant$35,000
Bd of Regents-Univ of WisconsinMadison, WIGovernment2018 New Century Scholars Research Grant$25,000
Bd of Trustees-Leland Stanford JrPalto Alto, CA501(c)(3)2018 New Century Scholars Research Grant$25,000
San Diego State Univ FndSan Diego, CA501(c)(3)2018 New Century Scholars Research Grant$25,000
Wayne State UniversityDetroit, MIGovernment2018 New Century Scholars Research Grant$25,000
Oregon Health & Science UnivPortland, ORGovernment2018 New Investigators Research Grant$20,000
Bd of Regents-Univ of WisconsinMadison, WIGovernment2018 New Investigators Research Grant$10,000
Children's Hospital BostonBoston, MA501(c)(3)2018 New Investigators Research Grant$10,000
Northwestern UniversityEvanston, IL501(c)(3)2018 New Investigators Research Grant$10,000
Seton Hall UniversitySouth Orange, NJ501(c)(3)2018 New Investigators Research Grant$10,000
Teacher College Columbia UnivNew York, NY501(c)(3)2018 New Investigators Research Grant$10,000
Univ of the Sciences PhiladelphiaPhiladelphia, PA501(c)(3)2018 New Investigators Research Grant$10,000
University of ArkansasFayetteville, ARGovernment2018 New Investigators Research Grant$10,000
University of OregonEugene, ORGovernment2018 New Investigators Research Grant$10,000
Vanderbilt Univ Medical CenterNashville, TN501(c)(3)2018 New Investigators Research Grant$10,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$67,307
Fundraising Direct Expenses$45,877
Gaming Gross Income$11,335
Gaming Direct Expenses$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Field Of Dreams$61,151$61,151$3,456$57,695
Sips & Sights$7,410$6,156-$6,156
Total Events$68,561$67,307$45,877$21,430
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
American Speech-language Hearing Foundation
EIN
52-6055761
In Care Of
% NANCY J MINGHETTI
Phone
3012968644
Address
2200 Research Blvd, Rockville, MD 20850-3289

Signing Officer

Name
Nancy J Minghetti
Title
Executive Director
Phone
3012968644
Signed
2019-10-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nancy J Minghetti
Formed
1948
Legal Domicile
Md
Voting Board Members
13
Independent Board Members
13
Employees
0
Volunteers
300

Preparer

Firm
Grant Thornton LLP
Address
1000 WILSON BLVD SUITE 1400, ARLINGTON, VA 22209
Preparer
mary torretta
Phone
7038477500
Supplemental Narrative

Additional Explanations

Employees

Form 990, part i, line 5 the american speech-language hearing foundation (ashfoundation) employs three staff members whose salaries are covered by the ashfoundation budget but administered by the american speech-language-hearing association (the association)'s payroll system.

ORGANIZATION'S MISSION

Form 990, part iii, line 1 the ashfoundation's mission is to advance knowledge and improve practice in serving children and adults with speech, language, or hearing disorders by supporting research and education and by facilitating innovative directions for the discipline of communication sciences and disorders. The vision of the american speech-language-hearing foundation is to ensure that all individuals reach their full communication potential.

Members or Stockholders

Form 990, part vi, section a, line 6 the american speech-language-hearing association is the sole member as defined by the ashfoundation articles of incorporation.

Members or Stockholders Who May Elect

Form 990, part vi, section a, line 7a the ashfoundation board of trustees approves trustees for board service and, upon this action, the recommended trustee names are forwarded for approval by the association (via its board of directors) as the sole member defined in organization bylaws.

Decisions Subject to Approval

Form 990, part vi, section a, line 7b in accordance with the bylaws, the governing board's removal and replacement of trustees and officers, budget approval, amendments to the bylaws and dissolution of the organization are subject to review and/or approval by the sole member.

Form 990 Review Process

Form 990, part vi, section b, line 11b the cpa firm and management perform a detailed review of the prepared form 990. The ashfoundation board of trustees has designated the board's v.p. For the financial review committee with the authority to perform an overall review of the 990 documents prior to irs filing and to obtain clarification if needed. The v.p. Receives the form within 3 days prior to filing. All trustees are provided with an electronic copy of the final 990 prior to filing.

Conflict of Interest Policy Monitoring & Enforcement

Form 990, part vi, section b, line 12c the policy covers any trustee, principal officer or member of a committee with governing board delegated powers who has a direct or indirect financial interest. Determination of a conflict of interest is made by the remaining board or committee members. Upon determination of a conflict of interest, the board will request the individual to recuse him/herself from any related discussion and corresponding vote on the item of business.

Process for Determining Compensation

Form 990, part vi, section b, line 15 the review and approval of the executive director's compensation is performed annually by an executive committee of the ashfoundation board. The executive director is not involved in this process. The committee follows guidelines used by the association's human resource unit developed by an independent compensation consultant based on compensation pricing and ranges for comparable executive positions in similar organizations. Contemporaneous documentation is provided by e-mail exchanges between the executive committee and the association's human resource unit.

How Documents Are Made Available to the Public

Form 990, part vi, section c, line 19 the ashfoundation governing documents, conflict of interest policy and financial statements are available to the public upon request.

Non-Voting Board Members

Form 990, Part VII ASHA's CEO serves as a non-voting member of the ASHF Board of Trustees. ASHF's Executive Director is a non-voting member of the ASHF Board of Trustees

Other Changes in Net Assets

Form 990, part xi, line 9 return of unused grants $8,901 -------- total $8,901 --------

Financial Statement Notes

Intended Uses of Endowment Funds

Schedule d, part v, line 4 the organization's endowment funds are intended to support program functions and are primarily targeted to fund research grants, scholarships, awards and operations.

Liability for Uncertain Tax Position (asc 740)

SCHEDULE D, PART X, LINE 2 The Foundation is exempt from federal income tax under IRC section 501(c)(3) and is classified as an organization which is not a private foundation under Section 509(a) of the Code, though it is subject to tax on income unrelated to its exempt purpose, unless that income is otherwise excluded by the Code. The Foundation has processes presently in place to ensure the maintenance of its tax-exempt status; to identify and report unrelated income; to determine its filing and tax obligations in jurisdictions for which it has nexus; and to identify and evaluate other matters that may be considered tax positions. The tax years ending December 31, 2018, 2017, 2016, and 2015 are still open to audit for both federal and state purposes. The Foundation has determined that there are no material uncertain tax positions that require recognition or disclosure in the financial statements. The Foundation follows guidance that clarifies the accounting for uncertainty in tax positions taken or expected to be taken in a tax return, including issues relating to financial statement recognition and measurement. This guidance provides that the tax effects from an uncertain tax position can only be recognized in the financial statements if the position is "more-likely-than-not" to be sustained if the position were to be challenged by a taxing authority. The assessment of the tax position is based solely on the technical merits of the position, without regard to the likelihood that the tax position may be challenged. The adoption of ASC 740-10 did not have a material impact on the Foundation's financial statements, as management determined that there are no uncertain tax positions within its financial statement.

Reconciliation of Revenue

Schedule d, part xi, line 2d reclassed conference expenses ($471) --------- total ($471)

Reconciliation of Expenses

Schedule d, part xii, line 2d return of unused grants ($8,901) ---------- total ($8,901) schedule d, part xii, line 4b reclassed conference expenses $471 ---------- total $471

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/TitleTxt3VP, Program & Awards Committee
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IRS990/ProgSrvcAccomActy3Grp/Desc0ASHA CONVENTION - THE FOUNDATION PROMOTES AND CONDUCTS MISSION-RELATED PROGRAMS DURING THE ANNUAL ASSOCIATION MEETING WHICH WAS ATTENDED BY MORE THAN 18,000 MEMBERS OF THE ASSOCIATION'S 204,000 CONSTITUENTS AND ASSOCIATES.
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.9$0.50$23.4$2.11$1.87$0.24
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$22.3$0.34$22.0$2.48$1.78$0.70
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.6$0.21$20.3$1.75$1.47$0.28
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$23.0$0.22$22.8$3.31$1.58$1.73
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$20.8$0.23$20.6$3.27$1.41$1.86
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$18.0$0.14$17.8$2.15$1.40$0.75
2018Detailed filing. Detailed filing data is available for this year.$15.5$0.17$15.3$3.06$1.37$1.68
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.2$0.29$14.9$2.44$1.36$1.08
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.3$0.24$13.0$1.77$1.61$0.15
2015Detailed filing. Detailed filing data is available for this year.$12.7$0.10$12.6$2.79$1.36$1.43
2014Detailed filing. Detailed filing data is available for this year.$12.0$0.15$11.8$3.39$1.36$2.03
2013Detailed filing. Detailed filing data is available for this year.$10.7$0.12$10.6$1.81$1.10$0.71
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.15$0.13$9.01$1.04
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.54$0.11$8.43$0.79