Civic Intelligence

Hearaid Foundation Inc.

990EZ • Fiscal year 2016 • EIN 27-0220698

Jan 01, 2016 to Dec 31, 2016 • Filed on Mar 21, 2017

Organization Profilehearaidfoundation.org
446 Old Newport BlvdNewport Beach, CA 92663

(562) 833-2497

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2016

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2016

Net Margin

68th percentile

13%

Higher net margin than 68% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

56th percentile

4.9%

Faster asset growth than 56% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

74th percentile

21%

Faster revenue growth than 74% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$86,760

Up $4,038 (+4.9%) from 2015

Net Assets

Up

$86,760

Up $4,038 (+4.9%) from 2015

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin68th percentile

Revenue

Up

$34,044

Up $5,944 (+21%) from 2015

Expenses

Down

$29,752

Down $11,500 (-28%) from 2015

Net Income

Up

$4,292

Up $17,444 (+133%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth56th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$300K$200K$100K$0Assets 2014: $95,188Net Assets 2014: $95,1882014Assets 2015: $82,722Net Assets 2015: $82,7222015Assets 2016: $86,760Net Assets 2016: $86,7602016Assets 2017: $91,278Net Assets 2017: $91,2782017Assets 2023: $229,025Liabilities 2023: $694Net Assets 2023: $228,3312023Assets 2024: $250,570Liabilities 2024: $3,789Net Assets 2024: $246,7812024

Highlighted filing

2016

Assets$86,760
Liabilities-
Net Assets$86,760
Open 2016 Filing

Operations Trend

Revenue Growth74th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$100K$50K$0-$50KRevenue 2014: $86,537Expenses 2014: $52,247Net Income 2014: $34,2902014Revenue 2015: $28,100Expenses 2015: $41,252Net Income 2015: -$13,1522015Revenue 2016: $34,044Expenses 2016: $29,752Net Income 2016: $4,2922016Revenue 2017: $29,874Expenses 2017: $25,383Net Income 2017: $4,4912017Revenue 2023: $67,381Expenses 2023: $36,571Net Income 2023: $30,8102023Revenue 2024: $47,817Expenses 2024: $29,367Net Income 2024: $18,4502024

Highlighted filing

2016

Revenue$34,044
Expenses$29,752
Net Income$4,292
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Mar 21, 2017
Return Version
2016v3.0
Gross Receipts
$34,044
Mission and Program Overview

Mission

To provide medical services for the hearing impaired.

Program Services

DescriptionGrantsExpenses
TO PROVIDE MEDICAL SERVICES FOR THE HEARING IMPAIRED.$18,229-
Compensation and Service Providers
Top Officer Pay75th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
TANYA S PENNPresident & CEOPT$0--
JACK SHOHETSecretaryPT$0--
Filing and Contact Details

Filer

Filer Name
HearAid Foundation Inc
EIN
27-0220698
Phone
5628332497
Address
446 OLD NEWPORT BLVD, NEWPORT BEACH, CA 92663

Signing Officer

Name
Tanya Penn
Title
President & CEO
Signed
2017-03-21
Discuss with paid preparer
Yes

Preparer

Firm
Reitz & Company
Address
3151 Airway Avenue Building R, Costa Mesa, CA 92626
Preparer
Neal M Reitz CPA
Phone
7144371288
Supplemental Narrative

Additional Explanations

Other Expenses.1001

“Advertising and Promotion $4124”

Other Expenses.1005

“Travel $1383”

Other Expenses.1012

“Insurance $1870”

Other Expenses.1

“HEARING AIDS $18229”

Other Expenses.3

“WEBSITE $480”

Other Expenses.4

“FITTING FEES $250”

Other Expenses.5

“Business registration fees $150”

Other Expenses.6

“PAYPAL FEE $104”

Other Assets.1

“UNDEPOSITED FUNDS - Beginning $3534 UNDEPOSITED FUNDS - Ending $10000”

Other Assets.2

“DONATED ITEMS TO RECIPIENTS - Beginning $100 DONATED ITEMS TO RECIPIENTS - Ending $901”

Raw XML Appendix149 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0TANYA S PENN
IRS990EZ/BooksInCareOfDetail/PhoneNum09494368218
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0446 OLD NEWPORT BLVD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0NEWPORT BEACH
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd092663
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt079088
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt075859
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt034044
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt04292
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt02620
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form720FiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt082722
IRS990EZ/Form990TotalAssetsGrp/EOYAmt086760
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt034044
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt082722
IRS990EZ/NetAssetsOrFundBalancesEOYAmt086760
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt082722
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt086760
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt020.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0TANYA S PENN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JACK SHOHET
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President & CEO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Secretary
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt03634
IRS990EZ/OtherAssetsTotalDetail/EOYAmt010901
IRS990EZ/OtherChangesInNetAssetsAmt0-254
IRS990EZ/OtherExpensesTotalAmt026590
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE MEDICAL SERVICES FOR THE HEARING IMPAIRED.
IRS990EZ/PrintingPublicationsPostageAmt0542
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO PROVIDE MEDICAL SERVICES FOR THE HEARING IMPAIRED.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt018229
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt029752
IRS990EZ/TotalProgramServiceExpensesAmt018229
IRS990EZ/TotalRevenueAmt034044
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0http://hearaidfoundation.org/
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt034044
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt028100
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt060694
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0122838
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt0122838
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt034044
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt028100
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt060694
IRS990ScheduleA/Total509Grp/TotalAmt0122838
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt034044
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt028100
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt060694
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0122838
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $4124
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Travel $1383
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Insurance $1870
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3HEARING AIDS $18229
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4WEBSITE $480
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5FITTING FEES $250
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6BUSINESS REGISTRATION FEES $150
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7PAYPAL FEE $104
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8UNDEPOSITED FUNDS - Beginning $3534 UNDEPOSITED FUNDS - Ending $10000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9DONATED ITEMS TO RECIPIENTS - Beginning $100 DONATED ITEMS TO RECIPIENTS - Ending $901
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Assets.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Other Assets.2
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0TANYA PENN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President & CEO
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-03-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HearAid Foundation Inc
ReturnHeader/Filer/BusinessNameControlTxt0HEAR
ReturnHeader/Filer/EIN0270220698
ReturnHeader/Filer/PhoneNum05628332497
ReturnHeader/Filer/USAddress/AddressLine1Txt0446 OLD NEWPORT BLVD
ReturnHeader/Filer/USAddress/CityNm0NEWPORT BEACH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd092663
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Reitz & Company
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03151 Airway Avenue Building R
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Costa Mesa
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd092626
ReturnHeader/PreparerPersonGrp/PhoneNum07144371288
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0NEAL M REITZ CPA
ReturnHeader/ReturnTs02017-03-21T09:15:09-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$86,760
Liabilities
-
Net assets
$86,760
Revenue
$34,044
Expenses
$29,752
Net income
$4,292
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.51$0.04$2.47$0.48$0.29$0.18
2023Detailed filing. Detailed filing data is available for this year.$2.29$0.01$2.28$0.67$0.37$0.31
2017Detailed filing. Detailed filing data is available for this year.$0.91$0.91$0.30$0.25$0.04
2016Detailed filing. Detailed filing data is available for this year.$0.87$0.87$0.34$0.30$0.04
2015Detailed filing. Detailed filing data is available for this year.$0.83$0.83$0.28$0.41$0.13
2014Detailed filing. Detailed filing data is available for this year.$0.95$0.95$0.87$0.52$0.34