Civic Intelligence

Constance Brown Hearing and Speech Center

990 • Fiscal year 2015 • EIN 38-1410463

Jan 01, 2015 to Dec 31, 2015 • Filed on Mar 14, 2016

1634 Gull Road Rm/Ste 201Kalamazoo, MI 49048

(269) 343-2601

Siviq Scores

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

Liabilities / Assets

50th percentile

0.10x

Higher debt load relative to assets than 50% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

49th percentile

0.10x

Higher debt load relative to revenue than 49% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

34th percentile

-1.9%

Higher net margin than 34% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

78th percentile

$125,990

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 6.8% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

39th percentile

-1.6%

Faster asset growth than 39% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

62nd percentile

8.9%

Faster revenue growth than 62% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Down

$1,877,421

Down $31,181 (-1.6%) from 2014

Net Assets

Down

$1,686,641

Down $90,701 (-5.1%) from 2014

Liabilities

Up

$190,780

Up $59,520 (+45%) from 2014

Revenue

Up

$1,849,669

Up $150,904 (+8.9%) from 2014

Expenses

Up

$1,885,441

Up $53,616 (+2.9%) from 2014

Net Income

Up

-$35,772

Up $97,288 (+73%) from 2014

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2010: $1,739,848Liabilities 2010: $141,800Net Assets 2010: $1,598,0482010Assets 2011: $1,797,624Liabilities 2011: $140,439Net Assets 2011: $1,657,1852011Assets 2012: $1,939,965Liabilities 2012: $116,117Net Assets 2012: $1,823,8482012Assets 2013: $2,003,392Liabilities 2013: $134,803Net Assets 2013: $1,868,5892013Assets 2014: $1,908,602Liabilities 2014: $131,260Net Assets 2014: $1,777,3422014Assets 2015: $1,877,421Liabilities 2015: $190,780Net Assets 2015: $1,686,6412015Assets 2016: $1,886,433Liabilities 2016: $81,263Net Assets 2016: $1,805,1702016Assets 2017: $2,397,455Liabilities 2017: $85,080Net Assets 2017: $2,312,3752017Assets 2018: $2,201,329Liabilities 2018: $185,483Net Assets 2018: $2,015,8462018Assets 2019: $2,431,980Liabilities 2019: $211,681Net Assets 2019: $2,220,2992019Assets 2020: $2,409,207Liabilities 2020: $149,861Net Assets 2020: $2,259,3462020Assets 2021: $2,762,216Liabilities 2021: $383,626Net Assets 2021: $2,378,5902021Assets 2022: $2,392,343Liabilities 2022: $238,304Net Assets 2022: $2,154,0392022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023

Highlighted filing

2015

Assets$1,877,421
Liabilities$190,780
Net Assets$1,686,641

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $2,177,1262010Expenses 2011: $1,888,8972011Expenses 2012: $1,771,2962012Revenue 2013: $1,958,231Expenses 2013: $1,973,408Net Income 2013: -$15,1772013Revenue 2014: $1,698,765Expenses 2014: $1,831,825Net Income 2014: -$133,0602014Revenue 2015: $1,849,669Expenses 2015: $1,885,441Net Income 2015: -$35,7722015Revenue 2016: $1,771,908Expenses 2016: $1,721,453Net Income 2016: $50,4552016Revenue 2017: $2,285,411Expenses 2017: $1,911,053Net Income 2017: $374,3582017Revenue 2018: $1,660,562Expenses 2018: $1,890,839Net Income 2018: -$230,2772018Revenue 2019: $1,927,411Expenses 2019: $1,929,604Net Income 2019: -$2,1932019Revenue 2020: $1,743,156Expenses 2020: $1,798,978Net Income 2020: -$55,8222020Revenue 2021: $1,694,493Expenses 2021: $1,782,184Net Income 2021: -$87,6912021Revenue 2022: $1,709,585Expenses 2022: $1,737,620Net Income 2022: -$28,0352022Revenue 2023: -$500,588Expenses 2023: $130,457Net Income 2023: -$631,0452023

Highlighted filing

2015

Revenue$1,849,669
Expenses$1,885,441
Net Income-$35,772
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Mar 14, 2016
Return Version
2015v2.1
Gross Receipts
$1,850,163
Mission and Program Overview

Mission

Constance brown hearing centers is the most trusted source providing state-of-the-art technology to improve hearing for all.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$968,117$893,847▼ $74,270
Land, Buildings, and Equipment, Net$516,783$515,230▼ $1,553
Cash and Non-Interest-Bearing Accounts$118,367$192,279▲ $73,912
Accounts Receivable$155,556$116,663▼ $38,893
Savings and Temporary Cash Investments$68,501$75,694▲ $7,193
Pledges and Grants Receivable$45,000$45,000→ $0
Prepaid Expenses and Deferred Charges$9,822$11,256▲ $1,434
Intangible Assets$5,653$2,939▼ $2,714
Inventories for Sale or Use$2,235$2,504▲ $269
Total Assets$1,908,602$1,877,421▼ $31,181
Other Assets Total$18,568$22,009▲ $3,441
Liabilities
Accounts Payable and Accrued Expenses$131,260$188,691▲ $57,431
Other Liabilities-$2,089-
Total Liabilities$131,260$190,780▲ $59,520
Net Assets / Fund Balance
Unrestricted Net Assets$1,652,284$1,532,656▼ $119,628
Temporarily Rstr Net Assets$125,058$153,985▲ $28,927
Total Net Assets Fund Balance$1,777,342$1,686,641▼ $90,701
Total Liabilities and Net Assets / Fund Balance$1,908,602$1,877,421▼ $31,181

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$406,246$341,235$747,481
Equipment$97,894$428,017$525,911
Leasehold Improvements$11,090$2,155$13,245
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Virginia M WorthExec. DirectFT$120,354$5,636$125,990

Board Members and Trustees

NameTitle
Jaime FleesChair
Diane MorrisonPast Chair
Craig PlattVice Chair
Allen LareauBoard Member
Elaine LuiBoard Member
Eric StaabBoard Member
Jennifer HauschildBoard Member
Joellen SilbermanBoard Member
Kathleen Wade-jonesBoard Member
Phil CareyBoard Member
Vicki OkuniewskiExofficio
Michael MckeebyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$271,421
Program Service Revenue
$1,536,246
Investment Income
$30,063
Other Revenue
$11,939
All Other Contributions
$176,821
Change in Net Assets
$-35,772

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,849,669
Revenue Not Reported on Form 990
$-54,929
Total Revenue per Audited Statements
$1,794,740
Total Revenue per Form 990
$1,849,669
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,051,815
Other Expenses$833,626
Total Fundraising Expense$72,261
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$686,218$56,119$13,745$756,082
Occupancy$111,737$36,923$11,426$160,086
Current Officers, Directors, Trustees, and Key Employees$18,899$75,594$31,497$125,990
Other Employee Benefits$37,003$38,656$5,843$81,502
All Other Expenses$68,954$5,836$739$75,529
Payroll Taxes$54,328$10,021$3,333$67,682
Depreciation Depletion$41,615$13,872-$55,487
Advertising$22,613$941$2,302$25,856
Other Expenses$18,180$3,459$1,721$21,639
Pension Plan Contributions$16,784$3,775-$20,559
Office Expenses$11,648$2,682$997$15,327
Information Technology$7,911$1,897$658$10,466
Travel$6,016$924-$6,940
Fees for Services Accounting-$6,925-$6,925
Fees for Service Investment Mgmnt Fees-$5,031-$5,031
Fees for Services Other$1,781$1,143-$2,924
Fees for Services Legal-$1,959-$1,959
Conferences and Meetings$54$1,393-$1,447
Total Functional Expenses$1,536,132$277,048$72,261$1,885,441

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,885,441
Total Expenses per Audited Statements$1,885,441
Total Expenses per Form 990$1,885,441
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Secutiry Deposits$2,089
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

After completion of form 990, the executive director reviews the form to ensure accuracy. Form 990 is made available to any board member upon request.

Form 990, Page 6, Part VI, Line 12C

Organization requires new board members and key employees to sign a conflict of interest policy. The policy is discussed at the organization's annual meeting. Board members sign a board member expectation statement.

Form 990, Page 6, Part VI, Line 15A

The organization has a performance evaluation plan. The plan emphasizes the creation of performance standards for hard-to-measure jobs and results in an objective appraisal according to whether or not certain organizational results are achieved. The board utilizes these objective evaluations and determines compensation.

Form 990, Page 6, Part VI, Line 15B

SEE 15A

Form 990, Page 6, Part VI, Line 19

Written requests for copies are reviewed by the executive director. If approved, a copy of the requested document is shown to the person making the request.

Filing and Contact Details

Filer

Filer Name
The Constance Brown Hearing &
EIN
38-1410463
Phone
2693432601
Address
1634 GULL ROAD RM/STE 201, KALAMAZOO, MI 49048

Signing Officer

Name
Virginia M Worth
Title
Exec. Director/sec
Phone
2693432601
Signed
2016-03-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Virginia M Worth
Formed
1941
Legal Domicile
Mi
Voting Board Members
13
Independent Board Members
12
Employees
16
Volunteers
14

Preparer

Firm
Seber Tans Plc
Address
555 W CROSSTOWN PARKWAY STE 304, KALAMAZOO, MI 49008
Preparer
Jennifer Holder
Phone
2693438180
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IRS990/OfficeExpensesGrp/FundraisingAmt0997
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IRS990/OfficeExpensesGrp/TotalAmt015327
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IRS990/OtherExpensesGrp/ProgramServicesAmt231797
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IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt03333
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt010021
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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt011256
IRS990/PrincipalOfficerNm0VIRGINIA M WORTH
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0621990
IRS990/ProgramServiceRevenueGrp/BusinessCd1621990
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IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0274830
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt029323
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IRS990/PYOtherRevenueAmt012310
IRS990/PYProgramServiceRevenueAmt01382302
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IRS990/PYSalariesCompEmpBnftPaidAmt01058430
IRS990/PYTotalExpensesAmt01831825
IRS990/PYTotalRevenueAmt01698765
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-35772
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
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IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
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IRS990ScheduleA/PublicOrganization170Ind0X
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IRS990ScheduleD/BuildingsGrp/DepreciationAmt0341235
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0747481
IRS990ScheduleD/EquipmentGrp/BookValueAmt097894
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0428017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$0.00$0.00$0.50$0.13$0.63
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.39$0.24$2.15$1.71$1.74$0.03
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.76$0.38$2.38$1.69$1.78$0.09
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.41$0.15$2.26$1.74$1.80$0.06
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.43$0.21$2.22$1.93$1.93$0.00
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.20$0.19$2.02$1.66$1.89$0.23
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.40$0.09$2.31$2.29$1.91$0.37
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.89$0.08$1.81$1.77$1.72$0.05
2015Detailed filing. Detailed filing data is available for this year.$1.88$0.19$1.69$1.85$1.89$0.04
2014Detailed filing. Detailed filing data is available for this year.$1.91$0.13$1.78$1.70$1.83$0.13
2013Detailed filing. Detailed filing data is available for this year.$2.00$0.13$1.87$1.96$1.97$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.94$0.12$1.82$1.77
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.80$0.14$1.66$1.89
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.74$0.14$1.60$2.18
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2015 filings • 501(c)3 • $1M-$5M nonprofits