Civic Intelligence

Albuquerque Speech Language & Hearing Center

990 • Fiscal year 2023 • EIN 85-0137632

Jul 01, 2022 to Jun 30, 2023 • Filed on Nov 09, 2023

9500 Montgomery Blvd NE Ste 215Albuquerque, NM 87111

(505) 247-4224

Siviq Scores

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

Liabilities / Assets

78th percentile

0.51x

Higher debt load relative to assets than 78% of similar nonprofits.

2023 filings • NTEE E • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

63rd percentile

0.22x

Higher debt load relative to revenue than 63% of similar nonprofits.

2023 filings • NTEE E • $1M-$5M nonprofits • Source year 2023

Net Margin

23rd percentile

-17%

Higher net margin than 23% of similar nonprofits.

2023 filings • NTEE E • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

32nd percentile

$0

Higher top officer pay than 32% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • NTEE E • $1M-$5M nonprofits • Source year 2023

Asset Growth

35th percentile

-1.8%

Faster asset growth than 35% of similar nonprofits.

2023 filings • NTEE E • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

31st percentile

-4.8%

Faster revenue growth than 31% of similar nonprofits.

2023 filings • NTEE E • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Flat

$381,472

Flat from 2023

Net Assets

Flat

$188,276

Flat from 2023

Liabilities

Flat

$193,196

Flat from 2023

Revenue

Flat

$879,900

Flat from 2023

Expenses

Flat

$1,028,632

Flat from 2023

Net Income

Flat

-$148,732

Flat from 2023

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $212,596Liabilities 2011: $54,071Net Assets 2011: $158,5252011Assets 2012: $234,893Liabilities 2012: $46,221Net Assets 2012: $188,6722012Assets 2013: $391,468Liabilities 2013: $38,135Net Assets 2013: $353,3332013Assets 2014: $428,964Liabilities 2014: $36,807Net Assets 2014: $392,1572014Assets 2015: $439,681Liabilities 2015: $46,894Net Assets 2015: $392,7872015Assets 2016: $533,571Liabilities 2016: $44,391Net Assets 2016: $489,1802016Assets 2017: $588,090Liabilities 2017: $54,760Net Assets 2017: $533,3302017Assets 2018: $576,528Liabilities 2018: $44,323Net Assets 2018: $532,2052018Assets 2019: $588,312Liabilities 2019: $44,442Net Assets 2019: $543,8702019Assets 2020: $552,794Liabilities 2020: $162,068Net Assets 2020: $390,7262020Assets 2021: $493,736Liabilities 2021: $171,831Net Assets 2021: $321,9052021Assets 2022: $388,506Liabilities 2022: $51,498Net Assets 2022: $337,0082022Assets 2023: $381,472Liabilities 2023: $193,196Net Assets 2023: $188,2762023Assets 2023: $381,472Liabilities 2023: $193,196Net Assets 2023: $188,2762023Assets 2024: $318,344Liabilities 2024: $214,534Net Assets 2024: $103,8102024

Highlighted filing

2023

Assets$381,472
Liabilities$193,196
Net Assets$188,276

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $715,822Expenses 2011: $706,004Net Income 2011: $9,8182011Revenue 2012: $740,178Expenses 2012: $710,031Net Income 2012: $30,1472012Revenue 2013: $841,612Expenses 2013: $717,951Net Income 2013: $123,6612013Revenue 2014: $779,691Expenses 2014: $740,867Net Income 2014: $38,8242014Revenue 2015: $734,349Expenses 2015: $733,719Net Income 2015: $6302015Revenue 2016: $832,426Expenses 2016: $736,033Net Income 2016: $96,3932016Revenue 2017: $836,619Expenses 2017: $792,469Net Income 2017: $44,1502017Revenue 2018: $739,802Expenses 2018: $740,927Net Income 2018: -$1,1252018Revenue 2019: $734,916Expenses 2019: $723,251Net Income 2019: $11,6652019Revenue 2020: $658,304Expenses 2020: $811,448Net Income 2020: -$153,1442020Revenue 2021: $651,824Expenses 2021: $843,345Net Income 2021: -$191,5212021Revenue 2022: $924,058Expenses 2022: $908,955Net Income 2022: $15,1032022Revenue 2023: $879,900Expenses 2023: $1,028,632Net Income 2023: -$148,7322023Revenue 2023: $879,900Expenses 2023: $1,028,632Net Income 2023: -$148,7322023Revenue 2024: $923,299Expenses 2024: $1,007,765Net Income 2024: -$84,4662024

Highlighted filing

2023

Revenue$879,900
Expenses$1,028,632
Net Income-$148,732
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Nov 9, 2023
Return Version
2022v5.0
Gross Receipts
$1,084,060
Mission and Program Overview

Mission

Perform speech, language and hearing testing, evaluations, hearing aid sales and repair, and rehabilitation therapy accessible and affordable to all persons with communication disorders.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$220,154$164,857▼ $55,297
Cash and Non-Interest-Bearing Accounts$111,629$136,268▲ $24,639
Land, Buildings, and Equipment, Net$51,783$40,973▼ $10,810
Pledges and Grants Receivable-$23,000-
Prepaid Expenses and Deferred Charges$4,940$16,374▲ $11,434
Total Assets$388,506$381,472▼ $7,034
Liabilities
Unsecured Notes Loans Payable$10,064$147,000▲ $136,936
Accounts Payable and Accrued Expenses$41,434$46,196▲ $4,762
Total Liabilities$51,498$193,196▲ $141,698
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$337,008$165,276▼ $171,732
Net Assets With Donor Restrictions-$23,000-
Total Net Assets Fund Balance$337,008$188,276▼ $148,732
Total Liabilities and Net Assets / Fund Balance$388,506$381,472▼ $7,034

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$40,973$153,575$194,548
Other Land Buildings-$17,151$17,151
Compensation and Service Providers

Board Members and Trustees

NameTitle
Barry AbelPast President
Amber C BakerPresident
Kathleen a MyersVice President
Bonita OrtizMember
Francine BinnertMember
Lara McguiganSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$58,323
Program Service Revenue
$367,753
Investment Income
$441,155
Other Revenue
$12,669
All Other Contributions
$58,323
Change in Net Assets
$-148,732

Audited Revenue Reconciliation

Revenue per Audited Statements
$879,900
Total Revenue per Audited Statements
$879,900
Total Revenue per Form 990
$879,900
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$778,381
Other Expenses$250,251
Total Fundraising Expense$2,518
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$488,093$215,756-$703,849
Occupancy$6,676$96,569-$103,245
Payroll Taxes$37,496$16,575-$54,071
Fees for Services Other$21,572$8,620-$30,192
Other Expenses$25,468$108-$25,576
Other Employee Benefits$14,189$6,272-$20,461
All Other Expenses$10,150$1,969$2,318$14,437
Insurance-$11,244-$11,244
Depreciation Depletion$3,980$6,831-$10,811
Advertising$3,128$4,078$200$7,406
Conferences and Meetings$125$244-$369
Total Functional Expenses$630,960$395,154$2,518$1,028,632

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,028,632
Total Expenses per Audited Statements$1,028,632
Total Expenses per Form 990$1,028,632
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$7,427
Fundraising Direct Expenses$22
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
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 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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Committee meeting documentation Part VI line 8B

There are no committees with authority to act on behalf of the governing board.

Form 990 governing body review Part VI line 11

A draft of the 990 is prepared by an external tax preparer and presented to the operations director for review and to answer any unanswered questions. Once the 990 is complete and passed internal reviews, it is presented to the board of directors for review prior to filing with the irs.

Conflict of interest policy compliance Part VI line 12C

Personal positions and agendas have no place in the board. It is the responsibility of each board member to evaluate each scenario and, where necessary, declare any potential conflict of interest. Additionally, each board member is required to immediately notify the board of any change in their employment status and / or community involvement that could lead to a conflict. Each board member signs a new conflict of interest statement at the beginning of each year.

CEO executive director top management comp Part VI line 15A

The salaries are analyzed and reviewed yearly. They are compared to the other national speech and hearing centers in the united states and are compared to the new mexico workforce solutions data for comparable professionals within their group. All employees wages are reviewed annually by the board of directors and approved in the annual budget. The agency does not have an executive director position at this time.

Other officer or key employee compensation Part VI line 15B

The salaries are analyzed and reviewed yearly. They are compared to the other national speech and hearing centers in the united states and are compared to the new mexico workforce solutions data for comparable professionals within their group. All employees wages are reviewed annually by the board of directors and approved in the annual budget.

Form 990 availability to public Part VI line 18

AFTER FILING THE 990, IT IS MADE AVAILABLE TO THE PUBIC ON THE NM ATTORNEY GENERALs WEBSITE AND UPON REQUEST.

Governing documents etc available to public Part VI line 19

The organizations governing documents, conflict of interest policy and financial statements are made available to the public upon request. Additionally, these records are also available on the new mexico attorney generals website and on the guidestar website.

Filing and Contact Details

Filer

Filer Name
Albuquerque Speech Language & Hearing Center
EIN
85-0137632
Address
9500 MONTGOMERY BLVD NE STE 215, ALBUQUERQUE, NM 87111

Signing Officer

Name
Cynthia Valdez
Title
Operations Dire
Phone
5052474224
Signed
2023-11-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Amber C Baker
Formed
1953
Legal Domicile
Nm
Voting Board Members
6
Independent Board Members
6
Employees
18

Preparer

Firm
James L Hartogensis CPA LLC
Address
7604 BRIANNE NW, ALBUQUERQUE, NM 87114
Preparer
James Hartogensis
Phone
5052809081
Supplemental Narrative

Financial Statement Notes

Footnote for uncertain tax position under FIN 48 (Part X)

The organization is a tax-exempt organization under section 501(c)(3) of the internal revenue code. Accordingly, no provision for income taxes has been included in the accompanying financial statements. Aslhc had no unrecognized tax benefits which would require and adjustment as of june 30, 2023 or june 30, 2022. Aslhc files an exempt organization return in the federal jurisdiction. Aslhc is no longer subject to income tax examinations by taxing authorities for years beginning before its june 30, 2020 federal filings.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN INCLUDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. ASLHC HAD NO UNRECOGNIZED TAX BENEFITS WHICH WOULD REQUIRE AND ADJUSTMENT AS OF JUNE 30, 2023 OR JUNE 30, 2022. ASLHC FILES AN EXEMPT ORGANIZATION RETURN IN THE FEDERAL JURISDICTION. ASLHC IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY TAXING AUTHORITIES FOR YEARS BEGINNING BEFORE ITS JUNE 30, 2020 FEDERAL FILINGS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Footnote for uncertain tax position under FIN 48 (Part X)
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A DRAFT OF THE 990 IS PREPARED BY AN EXTERNAL TAX PREPARER AND PRESENTED TO THE OPERATIONS DIRECTOR FOR REVIEW AND TO ANSWER ANY UNANSWERED QUESTIONS. ONCE THE 990 IS COMPLETE AND PASSED INTERNAL REVIEWS, IT IS PRESENTED TO THE BOARD OF DIRECTORS FOR REVIEW PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PERSONAL POSITIONS AND AGENDAS HAVE NO PLACE IN THE BOARD. IT IS THE RESPONSIBILITY OF EACH BOARD MEMBER TO EVALUATE EACH SCENARIO AND, WHERE NECESSARY, DECLARE ANY POTENTIAL CONFLICT OF INTEREST. ADDITIONALLY, EACH BOARD MEMBER IS REQUIRED TO IMMEDIATELY NOTIFY THE BOARD OF ANY CHANGE IN THEIR EMPLOYMENT STATUS AND / OR COMMUNITY INVOLVEMENT THAT COULD LEAD TO A CONFLICT. EACH BOARD MEMBER SIGNS A NEW CONFLICT OF INTEREST STATEMENT AT THE BEGINNING OF EACH YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE SALARIES ARE ANALYZED AND REVIEWED YEARLY. THEY ARE COMPARED TO THE OTHER NATIONAL SPEECH AND HEARING CENTERS IN THE UNITED STATES AND ARE COMPARED TO THE NEW MEXICO WORKFORCE SOLUTIONS DATA FOR COMPARABLE PROFESSIONALS WITHIN THEIR GROUP. ALL EMPLOYEES WAGES ARE REVIEWED ANNUALLY BY THE BOARD OF DIRECTORS AND APPROVED IN THE ANNUAL BUDGET. THE AGENCY DOES NOT HAVE AN EXECUTIVE DIRECTOR POSITION AT THIS TIME.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE SALARIES ARE ANALYZED AND REVIEWED YEARLY. THEY ARE COMPARED TO THE OTHER NATIONAL SPEECH AND HEARING CENTERS IN THE UNITED STATES AND ARE COMPARED TO THE NEW MEXICO WORKFORCE SOLUTIONS DATA FOR COMPARABLE PROFESSIONALS WITHIN THEIR GROUP. ALL EMPLOYEES WAGES ARE REVIEWED ANNUALLY BY THE BOARD OF DIRECTORS AND APPROVED IN THE ANNUAL BUDGET.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5AFTER FILING THE 990, IT IS MADE AVAILABLE TO THE PUBIC ON THE NM ATTORNEY GENERALs WEBSITE AND UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATIONS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. ADDITIONALLY, THESE RECORDS ARE ALSO AVAILABLE ON THE NEW MEXICO ATTORNEY GENERALS WEBSITE AND ON THE GUIDESTAR WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Committee meeting documentation Part VI line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990 availability to public Part VI line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Governing documents etc available to public Part VI line 19
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0CYNTHIA VALDEZ

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.$0.32$0.21$0.10$0.92$1.01$0.08
2023Detailed filing. Detailed filing data is available for this year.$0.38$0.19$0.19$0.88$1.03$0.15
2023Summary only. Only limited summary data is available for this year.$0.38$0.19$0.19$0.88$1.03$0.15
2022Summary only. Only limited summary data is available for this year.$0.39$0.05$0.34$0.92$0.91$0.02
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.49$0.17$0.32$0.65$0.84$0.19
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.55$0.16$0.39$0.66$0.81$0.15
2019Summary only. Only limited summary data is available for this year.$0.59$0.04$0.54$0.73$0.72$0.01
2018Summary only. Only limited summary data is available for this year.$0.58$0.04$0.53$0.74$0.74$0.00
2017Summary only. Only limited summary data is available for this year.$0.59$0.05$0.53$0.84$0.79$0.04
2016Summary only. Only limited summary data is available for this year.$0.53$0.04$0.49$0.83$0.74$0.10
2015Summary only. Only limited summary data is available for this year.$0.44$0.05$0.39$0.73$0.73$0.00
2014Summary only. Only limited summary data is available for this year.$0.43$0.04$0.39$0.78$0.74$0.04
2013Summary only. Only limited summary data is available for this year.$0.39$0.04$0.35$0.84$0.72$0.12
2012Summary only. Only limited summary data is available for this year.$0.23$0.05$0.19$0.74$0.71$0.03
2011Summary only. Only limited summary data is available for this year.$0.21$0.05$0.16$0.72$0.71$0.01