Autism Speaks 990 – autism speaks team up
Autism Speaks 990, a non-profit organization founded in 2005, is at the forefront of autism advocacy and research.
Autism Speaks 990, a non-profit organization founded in 2005, is at the forefront of autism advocacy and research. Aiming to raise awareness, fund research, and support families affected by autism, Autism Speaks has become a household name in the autism community.
In this article, we will look at Speaks the organization’s financial statements and their impact on the autism community.
What is a 990 form?
A 990 form is a tax form that nonprofits are required to file with the Internal Revenue Service (IRS) each year. It provides information about the organization’s financial status, including its income, expenses, assets, and liabilities. 990 forms are available to the public and allow individuals to rate a nonprofit’s financial health and transparency.
Autism Speaks 990: An Overview
Autism Speaks‘ most recent Form 990 is effective for the fiscal year ended December 31, 2019. According to the form, it Speaks had total income of $70,689,304 and total expenses of $61,744,465, resulting in net income of $8,944,839. The assets of the organization totaled $131,364,023 with liabilities of $5,850,868.
Autism Speaks’ revenue streams are diverse, including individual contributions, grants and sponsorships, special events and royalties. The organization also generates revenue by licensing its intellectual property, such as B. the Speaks Puzzle Piece logo. The majority of this Speaks’ expenses are spent on research grants and family services, with a smaller portion devoted to fundraising and administration costs.
Impact of Autism Speaks Finances
The financial health of Autism Speaks is critical to its ability to fulfill its mission of advancing research and supporting people with their families. The organization’s revenue streams and expenditures demonstrate a commitment to these goals, with a significant portion of revenue going to research and services.
In addition, Autism Speaks’ provides transparency to its donors and the public. Donors can see exactly how their contributions are being used and make informed decisions about their charitable donations. The public can also assess the organization’s financial health and accountability and ensure that Speaks is using its resources effectively.
Criticism of autism speaks
While Autism Speaks has made significant contributions to research and advocacy, the organization has also received criticism from some members of the community. Critics have accused Speaks of promoting negative stereotypes of autism, prioritizing research over services for families affected by autism, and excluding autistic individuals from decision-making processes.
In response to the criticism, Autism Speaks has strived to become more inclusive and include the voices of autistic individuals in its work. In 2020, the organization appointed its first autistic board member, Dr. Stephen Shore, and adopted a new mission statement that emphasizes the importance of including and empowering autistic individuals.
Autism Speaks’ provides a comprehensive overview of the organization’s financial health and impact. With his commitment to advancing research and supporting families affected by autism, theSpeaks’ revenue streams and expenses reflect his commitment to his mission.
The organization’s transparency and accountability through the 990 Form allows donors and the public to make informed decisions about their charitable giving and to ensure that resources are used effectively. Although the Speaks has faced criticism, it has taken steps toward inclusion and collaboration with autistic individuals to improve its impact on the autism community.