Overview
What is Austin Speech Labs Inc?
Austin Speech Labs Inc is a nonprofit organization situated in Austin, Texas, specifically at 7800 Shoal Creek Blvd Suite 136 S. Their primary focus is on offering intensive speech, language, and cognitive therapy to stroke survivors. This therapy aims to enhance the quality of life for both survivors and their caregivers. In addition to this, they conduct extensive research and develop innovative treatments to expedite recovery post-stroke. Their therapy approach incorporates neurologic music therapy, utilizing music to improve fluency. Moreover, Austin Speech Labs provides caregiver programs to strengthen communication and offer essential resources. Their mission is to empower stroke survivors and their loved ones in rebuilding their lives through affordable, innovative, and intensive speech and cognitive therapy, envisioning a world where such therapy is readily available for stroke survivors to thrive in their daily lives. They operate with a team of 17 dedicated individuals.
Official website here: www.austinspeechlabs.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100%, Four-Star out of Four Star rating.
Austin Speech Labs Inc has achieved an outstanding score of 100%, indicating exceptional performance in accountability and finance. This rating reflects the nonprofit's commitment to transparency and responsible financial management, with a perfect score across various accountability metrics. The organization boasts a fully independent board of directors, ensuring that governance is free from conflicts of interest, which is a significant strength.
In terms of financial stewardship, the organization has a low liabilities-to-assets ratio of 11.28%, demonstrating a solid financial foundation. Additionally, a high program expense ratio of 81.66% indicates that the majority of its resources are directed towards its programs rather than administrative costs. Such a focus suggests that the charity is effectively utilizing its funds to fulfill its mission.
While the data highlights many strengths, the summary does not mention any specific limitations or areas for improvement. Overall, Austin Speech Labs Inc stands out as a well-managed nonprofit that exemplifies best practices in nonprofit governance and financial accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Austin Speech Labs Inc legitimate?
Austin Speech Labs Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Austin Speech Labs Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $91,067
Professional Fundraising Fees: $0
Other Salaries and Wages: $580,232
For more financial information, click here
Official website here: www.austinspeechlabs.org
What is the mission statement of Austin Speech Labs Inc?
Austin Speech Labs Inc's mission is centered around supporting stroke survivors and their loved ones in their recovery process. The organization strives to provide affordable and innovative intensive speech and cognitive therapy. Their ultimate vision is to create a world where stroke survivors have easy access to the necessary therapy, enabling them to live fulfilling lives at home, at work, and in their communities. Austin Speech Labs conducts research and develops advanced treatments to reduce the length of recovery time following a stroke. Their therapy sessions include neurologic music therapy, which utilizes music to improve fluency. Additionally, the organization offers caregiver programs to facilitate communication and provides resources to aid in this process. Therapy is offered both in-house and through teletherapy.
Official website here: www.austinspeechlabs.org
Who is the CEO of Austin Speech Labs Inc?
Shilpa Shamapant is the President, Founder, Therapist of Austin Speech Labs Inc.
Official website here: www.austinspeechlabs.org
What is the revenue of Austin Speech Labs Inc?
Austin Speech Labs Inc's revenue in 2022 was $1,460,832.
Official website here: www.austinspeechlabs.org
Who are the executives of Austin Speech Labs Inc and what are their salaries?
The average compensation at Austin Speech Labs Inc during 2022 was $39,488. There are 17 employees and 234 volunteers at Austin Speech Labs Inc.
Here are 14 key members and their salaries:
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Official website here: www.austinspeechlabs.org
Where can I find the form 990 for Austin Speech Labs Inc?
Austin Speech Labs Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.austinspeechlabs.org
Learn more at the official website: www.austinspeechlabs.org
Mission Statement of Austin Speech Labs Inc
Austin Speech Labs Inc, a dedicated organization, is committed to supporting stroke survivors and their loved ones in their journey towards rebuilding their lives. Their mission is to offer affordable and intensive speech and cognitive therapy, leveraging innovative research and collaborative efforts. The primary goal is to enhance the quality of life for stroke survivors and their caregivers, while also aiming to reduce the recovery time post-stroke.
Their therapy approach is comprehensive, encompassing intensive speech, language, and cognitive treatments. Austin Speech Labs Inc also incorporates neurologic music therapy, employing music to improve fluency and speech. Recognizing the vital role of caregivers, the organization offers programs to facilitate communication and provide necessary resources. Therapy sessions are conducted both in-house and via teletherapy, ensuring accessibility and convenience for stroke survivors.
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Impact
October, 2024
Austin Speech Labs Inc significantly enhances the lives of stroke survivors through its comprehensive and innovative approach to therapy. By offering affordable and intensive speech, language, and cognitive therapy, the organization plays a crucial role in improving the quality of life for both survivors and their caregivers.
The integration of neurologic music therapy into their programs introduces a creative dimension to rehabilitation, facilitating improved communication fluency. This innovative treatment approach not only addresses the immediate needs of stroke patients but also reduces recovery time, enabling individuals to regain independence more quickly.
The organization also emphasizes support for caregivers, providing essential resources and communication programs that foster understanding and connection between caregivers and survivors. With options for both in-house and teletherapy, Austin Speech Labs ensures that therapy is accessible to a broader audience, breaking down geographic barriers to quality care.
Through ongoing research and collaboration, Austin Speech Labs is at the forefront of developing new techniques and strategies for stroke recovery, contributing to the broader field of rehabilitation and enhancing the overall well-being of stroke survivors in the Austin area and beyond. Their vision of a community where all stroke survivors have access to vital therapy resources underscores their commitment to rehabilitative care and advocacy.
This information is meant to be a general summary of Austin Speech Labs Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$12,595
- Program Service Revenue: $409,246
- Gross Receipts: $1,539,371
Assets and Liabilities:
- Total Assets: $2,920,550
- Total Liabilities: $329,441
- Net Assets: $2,591,109
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program Services
Revenue
$409,246
Organization Details
Founding Year
2008
Phone
(512) 992-0575Principal Officer
Shilpa Shamapant
Main Address
7800 Shoal Creek Blvd Suite 136 S, Austin, TX, 78757
Website
www.austinspeechlabs.orgNTEE Category
Code: G48 - Disease
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