Civic Intelligence

Central Florida Speech & Hearing Center Inc

990 • Fiscal year 2021 • EIN 59-0939466

Jul 01, 2020 to Jun 30, 2021 • Filed on Sep 20, 2021

3020 Lakeland Highlands RoadLakeland, FL 33803

(863) 686-3189

Siviq Scores

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

Liabilities / Assets

75th percentile

0.30x

Higher debt load relative to assets than 75% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

75th percentile

0.37x

Higher debt load relative to revenue than 75% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

37th percentile

5.6%

Higher net margin than 37% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

74th percentile

$110,000

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 5.0% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

48th percentile

8.1%

Faster asset growth than 48% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

46th percentile

8.6%

Faster revenue growth than 46% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$2,739,682

Up $205,785 (+8.1%) from 2020

Net Assets

Up

$1,918,264

Up $373,045 (+24%) from 2020

Liabilities

Down

$821,418

Down $167,260 (-17%) from 2020

Revenue

Up

$2,204,040

Up $175,335 (+8.6%) from 2020

Expenses

Down

$2,081,160

Down $276,034 (-12%) from 2020

Net Income

Up

$122,880

Up $451,369 (+137%) from 2020

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2010: $5,713,086Liabilities 2010: $187,544Net Assets 2010: $5,525,5422010Assets 2011: $5,894,927Liabilities 2011: $98,503Net Assets 2011: $5,796,4242011Assets 2012: $4,654,207Liabilities 2012: $124,779Net Assets 2012: $4,529,4282012Assets 2013: $3,598,182Liabilities 2013: $100,630Net Assets 2013: $3,497,5522013Assets 2014: $2,952,256Liabilities 2014: $156,485Net Assets 2014: $2,795,7712014Assets 2015: $2,578,169Liabilities 2015: $373,350Net Assets 2015: $2,204,8192015Assets 2016: $2,017,718Liabilities 2016: $210,876Net Assets 2016: $1,806,8422016Assets 2017: $2,325,453Liabilities 2017: $168,584Net Assets 2017: $2,156,8692017Assets 2018: $2,055,927Liabilities 2018: $241,245Net Assets 2018: $1,814,6822018Assets 2019: $2,024,797Liabilities 2019: $152,026Net Assets 2019: $1,872,7712019Assets 2020: $2,533,897Liabilities 2020: $988,678Net Assets 2020: $1,545,2192020Assets 2021: $2,739,682Liabilities 2021: $821,418Net Assets 2021: $1,918,2642021Assets 2022: $2,503,198Liabilities 2022: $712,022Net Assets 2022: $1,791,1762022Assets 2023: $3,422,422Liabilities 2023: $1,451,581Net Assets 2023: $1,970,8412023Assets 2024: $3,537,350Liabilities 2024: $1,441,064Net Assets 2024: $2,096,2862024Assets 2025: $4,309,091Liabilities 2025: $1,608,217Net Assets 2025: $2,700,8742025

Highlighted filing

2021

Assets$2,739,682
Liabilities$821,418
Net Assets$1,918,264

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $1,826,9172010Expenses 2011: $2,079,8552011Revenue 2012: $1,339,579Expenses 2012: $2,390,941Net Income 2012: -$1,051,3622012Expenses 2013: $2,320,2242013Revenue 2014: $1,427,895Expenses 2014: $2,185,687Net Income 2014: -$757,7922014Revenue 2015: $1,724,610Expenses 2015: $2,314,234Net Income 2015: -$589,6242015Revenue 2016: $1,736,716Expenses 2016: $2,095,043Net Income 2016: -$358,3272016Revenue 2017: $2,375,749Expenses 2017: $2,077,919Net Income 2017: $297,8302017Revenue 2018: $1,939,363Expenses 2018: $2,332,417Net Income 2018: -$393,0542018Revenue 2019: $2,392,039Expenses 2019: $2,559,441Net Income 2019: -$167,4022019Revenue 2020: $2,028,705Expenses 2020: $2,357,194Net Income 2020: -$328,4892020Revenue 2021: $2,204,040Expenses 2021: $2,081,160Net Income 2021: $122,8802021Revenue 2022: $2,433,130Expenses 2022: $2,304,805Net Income 2022: $128,3252022Revenue 2023: $2,622,788Expenses 2023: $2,524,077Net Income 2023: $98,7112023Revenue 2024: $3,290,151Expenses 2024: $3,205,420Net Income 2024: $84,7312024Revenue 2025: $4,143,407Expenses 2025: $3,638,410Net Income 2025: $504,9972025

Highlighted filing

2021

Revenue$2,204,040
Expenses$2,081,160
Net Income$122,880
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Sep 20, 2021
Return Version
2020v4.0
Gross Receipts
$2,204,040
Mission and Program Overview

Mission

Our mission is to "provide the highest quality speech, language and hearing services, always in a caring manner, and never limited by one's ability to pay."

To provide quality speech, hearing and language services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,363,121$1,687,776▲ $324,655
Savings and Temporary Cash Investments$700,297$580,950▼ $119,347
Land, Buildings, and Equipment, Net$328,873$186,270▼ $142,603
Accounts Receivable$46,019$94,265▲ $48,246
Cash and Non-Interest-Bearing Accounts$14,108$92,279▲ $78,171
Pledges and Grants Receivable$50,000$70,000▲ $20,000
Inventories for Sale or Use$20,719$19,881▼ $838
Prepaid Expenses and Deferred Charges$10,760$8,261▼ $2,499
Total Assets$2,533,897$2,739,682▲ $205,785
Liabilities
Unsecured Notes Loans Payable$818,445$661,043▼ $157,402
Accounts Payable and Accrued Expenses$153,091$152,173▼ $918
Other Liabilities$17,142$8,202▼ $8,940
Total Liabilities$988,678$821,418▼ $167,260
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,540,196$1,915,808▲ $375,612
Net Assets With Donor Restrictions$5,023$2,456▼ $2,567
Total Net Assets Fund Balance$1,545,219$1,918,264▲ $373,045
Total Liabilities and Net Assets / Fund Balance$2,533,897$2,739,682▲ $205,785

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$186,170$1,250,475$1,436,645
Land$100-$100

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$21,607-▼ $1,506$-1,978$18,123
2018$18,627-▲ $4,020$-1,040$21,607
2017$17,993-▲ $684-$18,627
2016$15,672-▲ $2,371-$17,993
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Roxann BontaPresident/ceFT$110,000$110,000

Board Members and Trustees

NameTitle
Tanya IsamanChair
Trista OttoPast Chair
Doug McphersonVice Chair
Andra MorganDirector
Bruce AbelsDirector
Daniel F PilkaDirector
David HolmDirector
Gary L ThomasDirector
Jgreg RuthvenDirector
Jonathan LarondeDirector
Misty PeacockDirector
Rick MaxeyDirector
Scott DotyDirector
Thomas SlaughterDirector
Wes CravenDirector
William Schichtel JrDirector
Elizabeth KrauseSecretary
Gina JacobiTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,157,521
Program Service Revenue
$971,085
Investment Income
$75,434
Other Revenue
$0
All Other Contributions
$714,114
Change in Net Assets
$122,880

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Other Non Cash Contri Table107$54,616
Total Noncash Contributions107$54,616

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,204,040
Revenue Not Reported on Form 990
$250,165
Total Revenue per Audited Statements
$2,454,205
Total Revenue per Form 990
$2,204,040
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,481,891
Other Expenses$599,269
Total Fundraising Expense$139,104
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,151,147$45,697$28,292$1,225,136
Occupancy$131,876$30,736$1,536$164,148
Payroll Taxes$131,437$5,320$3,257$140,014
Depreciation Depletion$101,983$26,149$2,615$130,747
Other Employee Benefits$110,819$3,582$2,340$116,741
All Other Expenses$76,627$4,723$6,358$87,708
Insurance$31,116$4,516-$35,632
Advertising$15,278$104$4,180$19,562
Fees for Services Accounting-$16,000-$16,000
Other Expenses$15,667$6,011$3,436$15,667
Fees for Services Management$12,102$1,289$602$13,993
Office Expenses$6,752$835$704$8,291
Conferences and Meetings$222$15$7$244
Total Functional Expenses$1,797,079$144,977$139,104$2,081,160

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,081,160
Total Expenses per Audited Statements$2,081,160
Total Expenses per Form 990$2,081,160
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Various$267,173---
Total Events$267,173---
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Capital Lease Obligation$8,202
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
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
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The members of the finance committee review the form 990 information and approve its content on behalf of the center's board of directors.

Form 990, Page 6, Part VI, Line 12C

The members of the board of directors and executive committee are covered by the conflict of interest policy. The member shall disclose the conflict of interest as soon as he/she becomes aware of it, and the disclosure shall be recorded in the minutes of the meeting. Any member of the board of directors or executive committee who is aware of a potential conflict of interest with respect to any matter coming before the board of directors or the executive committee shall not vote in connection with the matter nor per his/her presence at the meeting be counted in determining whether there exists a quorum.

Form 990, Page 6, Part VI, Line 15A

The executive committee shall review and make recommendations to the president and to the board of directors concerning matters related to staff policies, including pay and benefits. At its discretion, the executive committee shall make or obtain studies of the local market as it pertains to such matters.

Form 990, Page 6, Part VI, Line 19

The center's board of directors holds monthly board meetings which are open to the public. Individuals who would like to request information from the center may do so at that time.

Filing and Contact Details

Filer

Filer Name
Central Florida Speech
EIN
59-0939466
Phone
8636863189
Address
3020 LAKELAND HIGHLANDS ROAD, LAKELAND, FL 33803

Signing Officer

Name
Roxann Bonta
Title
President/CEO
Phone
8636863189
Signed
2021-09-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Roxann Bonta
Formed
1960
Legal Domicile
Fl
Voting Board Members
18
Independent Board Members
18
Employees
27
Volunteers
70

Preparer

Firm
David R Ramos CPA
Address
4215 OLD ROAD 37, LAKELAND, FL 33813
Preparer
David R Ramos CPA
Phone
8637017885
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4A

Speech & language program 1. Since 1960, our highly qualified speech staff has provided speech & language evaluations for all patients referred to the center. We provide speech and language therapy for anyone who needs our services, regardless of their ability to pay. Approximately 90% of the children we see are under-insured and could not afford therapy if we did not receive funding to provide these services. Without a strong speech and language basis, they would not be prepared for and ready to succeed in kindergarten. 2.in 2020-2021, 85% of the children attending therapy for six months or more met one or more of their speech/language therapy goals as measured by standardized tests. 3. During the fiscal year, we provided 2,400 speech sessions to students in charter schools.

Form 990, Page 2, Part III, Line 4B

Hearing program 1. Our highly qualified audiology staff provides hearing evaluations for all patients referred to the center. We provide these services regardless of their ability to pay. Approximately 90% of the children we see are under-insured and may be unable to receive services elsewhere, leading to untreated medical conditions. We also provide hearing tests for working adults to help, maintain or gain employment and seniors who are on a fixed income. 2. We provide hearing aids for children and adults. We administer pre and post tests to ensure amplification benefits along with objective measures. Children's benefit is determined objectively through real ear measurements. 3. We provide telephones, at no cost, to speech, hearing or vision impaired and deaf adults so that they can remain in their homes and be able to communicate with their family, friends, doctor, etc. 4. We also have a mobile unit to provide hearing screenings for the public and manufacturing plants throughout florida and south georgia.

Form 990, Page 2, Part III, Line 4D

All other accomplishments.

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IRS990/Form990PartVIISectionAGrp/PersonNm16JGREG RUTHVEN
IRS990/Form990PartVIISectionAGrp/PersonNm17THOMAS SLAUGHTER
IRS990/Form990PartVIISectionAGrp/PersonNm18GARY L THOMAS
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IRS990/Form990PartVIISectionAGrp/TitleTxt5CHAIR
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IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13PAST CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
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IRS990/MissionDesc0OUR MISSION IS TO "PROVIDE THE HIGHEST QUALITY SPEECH, LANGUAGE AND HEARING SERVICES, ALWAYS IN A CARING MANNER, AND NEVER LIMITED BY ONE'S ABILITY TO PAY."
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IRS990/ProgSrvcAccomActy2Grp/Desc0HEARING PROGRAM 1. OUR HIGHLY QUALIFIED AUDIOLOGY STAFF PROVIDES HEARING EVALUATIONS FOR ALL PATIENTS REFERRED TO THE CENTER. WE PROVIDE THESE SERVICES REGARDLESS OF THEIR ABILITY TO PAY. APPROXIMATELY 90% OF THE CHILDREN WE SEE ARE UNDER-INSURED AND MAY BE UNABLE TO RECEIVE SERVICES ELSEWHERE, LEADING TO UNTREATED MEDICAL CONDITIONS. WE ALSO PROVIDE HEARING TESTS FOR WORKING ADULTS TO HELP, MAINTAIN OR GAIN EMPLOYMENT AND SENIORS WHO ARE ON A FIXED INCOME. 2. WE PROVIDE HEARING AIDS FOR CHILDREN AND ADULTS. WE ADMINISTER PRE AND POST TESTS TO ENSURE AMPLIFICATION BENEFITS ALONG WITH OBJECTIVE MEASURES. CHILDREN'S BENEFIT IS DETERMINED OBJECTIVELY THROUGH REAL EAR MEASUREMENTS. 3. WE PROVIDE TELEPHONES, AT NO COST, TO SPEECH, HEARING OR VISION IMPAIRED AND DEAF ADULTS SO THAT THEY CAN REMAIN IN THEIR HOMES AND BE ABLE TO COMMUNICATE WITH THEIR FAMILY, FRIENDS, DOCTOR, ETC. 4. WE ALSO HAVE A MOBILE UNIT TO PROVIDE HEARING SCREENINGS FOR THE PUBLIC AND MANUFACTURING PLANTS THROUGHOUT FLORIDA AND SOUTH GEORGIA.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0695579
IRS990/ProgSrvcAccomActyOtherGrp/Desc0ALL OTHER ACCOMPLISHMENTS.
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IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt018627
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0684

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$4.31$1.61$2.70$4.14$3.64$0.50
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.54$1.44$2.10$3.29$3.21$0.08
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.42$1.45$1.97$2.62$2.52$0.10
2022Detailed filing. Detailed filing data is available for this year.$2.50$0.71$1.79$2.43$2.30$0.13
2021Detailed filing. Detailed filing data is available for this year.$2.74$0.82$1.92$2.20$2.08$0.12
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.53$0.99$1.55$2.03$2.36$0.33
2019Detailed filing. Detailed filing data is available for this year.$2.02$0.15$1.87$2.39$2.56$0.17
2018Detailed filing. Detailed filing data is available for this year.$2.06$0.24$1.81$1.94$2.33$0.39
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.33$0.17$2.16$2.38$2.08$0.30
2016Detailed filing. Detailed filing data is available for this year.$2.02$0.21$1.81$1.74$2.10$0.36
2015Detailed filing. Detailed filing data is available for this year.$2.58$0.37$2.20$1.72$2.31$0.59
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.95$0.16$2.80$1.43$2.19$0.76
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.60$0.10$3.50$2.32
2012Summary only. Only limited summary data is available for this year.$4.65$0.12$4.53$1.34$2.39$1.05
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.89$0.10$5.80$2.08
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.71$0.19$5.53$1.83
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2021 filings • 501(c)3 • $1M-$5M nonprofits