Youngstown Hearing And Speech Center
EIN: 340742712 · Youngstown, OH · NTEE: E56Z
| Metric | Value |
|---|---|
| Total Revenue | $440K |
| Total Expenses | $108K |
| Net Assets | $1.5M |
Is Youngstown Hearing And Speech Center Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Youngstown Hearing And Speech Center
Youngstown Hearing And Speech Center (EIN: 340742712) is a nonprofit organization based in Youngstown, OH, classified under NTEE code E56Z. The organization reported total revenue of $440K and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Youngstown Hearing And Speech Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Youngstown Hearing And Speech Center is a small nonprofit that has been operating for 84 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -6.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $483K |
| Total Expenses | $108K |
| Surplus / Deficit | +$375K |
| Total Assets | $1.5M |
| Net Assets | $1.5M |
| Operating Margin | 77.6% |
| Months of Reserves | 166.6 months |
Financial Health Grade: A
In 2023, Youngstown Hearing And Speech Center reported a surplus of $375K with revenue exceeding expenses, holds 166.6 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Youngstown Hearing And Speech Center's revenue has declined at a compound annual growth rate (CAGR) of -6.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -8.8% | -83.3% | +28.4% |
| 2022 | +17.8% | +176.2% | -6.4% |
| 2021 | -4.8% | -44.2% | +31.9% |
| 2020 | -36.5% | -15.6% | -22.3% |
| 2019 | -5.3% | -10.0% | +26.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1290 |
| IRS Ruling Date | 1942 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Youngstown Hearing And Speech Center has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Youngstown Hearing And Speech Center with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $375K, with revenue exceeding expenses.
Frequently Asked Questions about Youngstown Hearing And Speech Center
Is Youngstown Hearing And Speech Center a legitimate charity?
Based on AI analysis of IRS 990 filings, Youngstown Hearing And Speech Center (EIN: 340742712) insufficient data. 0 red flags identified, 0 strengths noted.
How does Youngstown Hearing And Speech Center spend its money?
Detailed spending breakdown data is not yet available for Youngstown Hearing And Speech Center. Check back for updated IRS 990 analysis.
Are donations to Youngstown Hearing And Speech Center tax-deductible?
Youngstown Hearing And Speech Center is registered as a tax-exempt nonprofit (EIN: 340742712). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Youngstown Hearing And Speech Center located?
Youngstown Hearing And Speech Center is headquartered in Youngstown, Ohio and files with the IRS under EIN 340742712. It is classified under NTEE code E56Z.
How many years of IRS 990 filings does Youngstown Hearing And Speech Center have?
Youngstown Hearing And Speech Center has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $440K in total revenue.
Filing History
IRS 990 filing history for Youngstown Hearing And Speech Center showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Youngstown Hearing And Speech Center's revenue has declined by 57.5%, moving from $1.1M to $483K. Total assets increased by 6.3% over the same period, from $1.4M to $1.5M. Total functional expenses fell by 91.4%, from $1.3M to $108K. In its most recent filing year (2023), Youngstown Hearing And Speech Center reported a surplus of $375K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $483K | $108K | $1.5M | $0 | — | — |
| 2022 | $530K | $649K | $1.2M | $8K | — | View 990 |
| 2021 | $449K | $235K | $1.3M | $106K | — | View 990 |
| 2020 | $472K | $421K | $949K | $61K | — | View 990 |
| 2019 | $743K | $499K | $1.2M | $49K | — | View 990 |
| 2018 | $785K | $554K | $963K | $34K | — | View 990 |
| 2017 | $1.0M | $1.0M | $1.0M | $323K | — | View 990 |
| 2016 | $1.3M | $1.5M | $1.0M | $383K | — | View 990 |
| 2015 | $1.3M | $1.5M | $1.1M | $188K | — | View 990 |
| 2014 | $1.5M | $1.6M | $1.2M | $182K | — | View 990 |
| 2013 | $1.7M | $1.7M | $1.2M | $231K | — | View 990 |
| 2012 | $1.7M | $1.8M | $1.3M | $209K | — | View 990 |
| 2011 | $1.1M | $1.3M | $1.4M | $245K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $483K, expenses of $108K, and assets of $1.5M (revenue -8.8% year-over-year).
- 2022: Revenue of $530K, expenses of $649K, and assets of $1.2M (revenue +17.8% year-over-year).
- 2021: Revenue of $449K, expenses of $235K, and assets of $1.3M (revenue -4.8% year-over-year).
- 2020: Revenue of $472K, expenses of $421K, and assets of $949K (revenue -36.5% year-over-year).
- 2019: Revenue of $743K, expenses of $499K, and assets of $1.2M (revenue -5.3% year-over-year).
- 2018: Revenue of $785K, expenses of $554K, and assets of $963K (revenue -24.6% year-over-year).
- 2017: Revenue of $1.0M, expenses of $1.0M, and assets of $1.0M (revenue -16.8% year-over-year).
- 2016: Revenue of $1.3M, expenses of $1.5M, and assets of $1.0M (revenue -6.3% year-over-year).
- 2015: Revenue of $1.3M, expenses of $1.5M, and assets of $1.1M (revenue -11.7% year-over-year).
- 2014: Revenue of $1.5M, expenses of $1.6M, and assets of $1.2M (revenue -9.5% year-over-year).
- 2013: Revenue of $1.7M, expenses of $1.7M, and assets of $1.2M (revenue -1.0% year-over-year).
- 2012: Revenue of $1.7M, expenses of $1.8M, and assets of $1.3M (revenue +48.6% year-over-year).
- 2011: Revenue of $1.1M, expenses of $1.3M, and assets of $1.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Youngstown Hearing And Speech Center:
Data Sources and Methodology
This transparency report for Youngstown Hearing And Speech Center is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.