Danville Speech & Hearing Center
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves
Danville Speech & Hearing Center is a 501(c)(3) organization based in Danville, Virginia, registered in 1962, with $276,611 in FY2024 revenue. CharityIndex grades it B.
742 Wilson St, Danville, VA, 24541 EIN 54-0699738 Since 1962
Revenue (FY2024)
$277K
▲ 37.2% vs prior year
Expenses (FY2024)
$177K
Net assets
$317K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Danville Speech & Hearing Center— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating21 mo reserves · +36% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Danville Speech & Hearing Center: 21 mo reserves · +36% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Danville Speech & Hearing Center— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Danville Speech & Hearing Center: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $246K (FY2013) to $277K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $5,482Net assets $317K
Operating margin
35.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$322K
Total liabilities
$5,482
Net assets
$317K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $276,611▲37.2% | $177,347▼24.5% | $316,783▲45.6% | $322,265▲41.1% | 990 |
| 2023 | $201,645▲22.5% | $235,049▲42.2% | $217,519▼13.3% | $228,340▼11.5% | 990 |
| 2022 | $164,580▼41.2% | $165,313▼28.4% | $250,922▼0.3% | $257,942▼1.6% | 990 |
| 2021 | $279,904▲29.5% | $230,772▲19.9% | $251,655▲25.1% | $262,010▲10.5% | 990 |
| 2020 | $216,088▲16.5% | $192,406▼17.7% | $201,180▲13.3% | $237,114▲30.5% | 990 |
| 2019 | $185,526▼18.5% | $233,848▼7.3% | $177,496▼21.4% | $181,635▼21.5% | 990 |
| 2018 | $227,660▼34.8% | $252,225▼17.1% | $225,818▼9.8% | $231,367▼10.5% | 990 |
| 2017 | $349,166▲17.9% | $304,076▲1.5% | $250,383▲22.0% | $258,527▲20.0% | 990 |
| 2016 | $296,148▲7.7% | $299,468▲3.8% | $205,293▼1.6% | $215,528▼0.4% | 990 |
| 2015 | $274,871▲3.3% | $288,628▲2.7% | $208,613▼6.2% | $216,346▼6.9% | 990 |
| 2014 | $266,103▲8.2% | $281,003▲0.5% | $222,370▼6.3% | $232,442▼7.2% | 990 |
| 2013 | $246,049 | $279,666▼1.1% | $237,270▼12.4% | $250,346▼10.0% | 990 |
| 2012 | — | $282,887▼1.3% | $270,887▼4.0% | $278,087▼4.0% | 990 |
| 2011 | — | $286,610▼2.8% | $282,057▲1.2% | $289,690▲1.8% | 990 |
| 2010 | — | $294,901 | $278,785 | $284,550 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $5,000 total
1 grant to Danville Speech & Hearing Center totaling $5,000, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Community Foundation of Greater Memphis Inc | General operational support | 2018 | $5,000 |
Frequently asked questions
- Is Danville Speech & Hearing Center a legitimate nonprofit?
- Yes. Danville Speech & Hearing Center is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 54-0699738, based in Danville, Virginia. Donations are tax-deductible.
- What is Danville Speech & Hearing Center's EIN?
- Danville Speech & Hearing Center's Employer Identification Number (EIN) is 54-0699738.
- How much revenue does Danville Speech & Hearing Center report?
- Danville Speech & Hearing Center reported $276,611 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Danville Speech & Hearing Center have?
- CharityIndex grades Danville Speech & Hearing Center B, based on financial health (reserves and operating margin).
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Data for Danville Speech & Hearing Center (EIN 54-0699738) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.