The Speech Garden Institute Inc

Nonprofit profile at a glance

EIN
260549273
IRS 990-EZ coverage
2010–2022
Forms available
Form 990 2018, Form 990-EZ 2022
Location
Charlotte, NC, USA
Phone
7046098255
Rating
48
Verdict
MIXED
Rating confidence
Moderate
Sector
Human Service Organizations

Official website

Reported finances

Revenue
$197,481
Expenses
$282,267
Assets
$306,907

Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.

Leadership & pay

11 people listed

People named in this filing

  • Ellen Holloway (Founder)
  • Kelly Reece (Executive Dir.)
  • Holly Cameron (Director)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The Speech Garden Institute is a non-profit organization dedicated to improving the lives of children and their families by developing the art of communicative competence. Through innovative classroom-based speech-language therapy and parent education, TSGI embraces the whole child to facilitate interactions in a naturalistic setting.

What it reported doing in 2022

Sensory & Communication Preschool - Served 20 families of children with communication disorders by offering speech-language therapy in a classroom setting. Taught by two SLPs, one certified assistant, and 1 intern (future SLP), these classes provided a warm and supportive environment for the children and their families. Our goal is to ready children to be successful in a typical Kindergarten setting with only minimal support through intensive speech-language therapy by highly trained, experienced speech-language pathologists who teach literacy, social, receptive, and expressive language skills.. Preschool was virtual beginning in March 2020 and resumed with strict COVID protocols in September 2020. Had 4 families who registered for 2020-2021 school year and requested refunds due to deciding to keep their children home.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

MIXED - The filed numbers largely add up and revenue has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 7
  • Transparency & Controls: 100
  • Sustainability: 22
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 7.7%; rating input score 8
  • Program expense ratio: 5.4%; rating input score 5

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -42.9%; rating input score 3; 3rd percentile among comparable filings
  • Total-asset coverage ratio: 1.09; rating input score 60; 60th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 9.4%; rating input score 23; 23rd percentile among comparable filings

Growth

  • Program expense growth: -11.5% per year; rating input score 0; 14th percentile among comparable filings
  • Revenue growth: 2.9% per year; rating input score 100; 41st percentile among comparable filings
  • Asset growth: 11.7% per year; rating input score 100; 62nd percentile among comparable filings

Details

  • Where the money goes: 7.7% of revenue deployed · 5.4% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $15K in reported program spending
  • Leadership: top reported pay $0 · 11 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 6 filing years from 2010 to 2022
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Financial Efficiency: Mission deployment rate scored 8/100.
  • High — Financial Efficiency: Program expense ratio scored 5/100.
  • High — Sustainability: Operating margin scored 3/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 23/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.