Civic Intelligence

The Hearing Aide Inc

EIN 46-4681760 • 501(c)3 • Nixa, MO

Profile

The purpose of the organization is to provide low cost and/or no cost hearing assistance to seniors and other adults that cannot meet the financial burden of hearing health care as it relates to hearing instruments and services. It will also sell hearing instruments and services to those that have insurance or can afford said products and services in order to be partly self-sustaining while accomplishing its mission.

4307 Fair Haven DriveNixa, MO 65714

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

98th percentile

10.10x

Higher debt load relative to assets than 98% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

98th percentile

4.05x

Higher debt load relative to revenue than 98% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

18th percentile

-32%

Higher net margin than 18% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

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

Asset Growth

19th percentile

-45%

Faster asset growth than 19% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

13th percentile

-63%

Faster revenue growth than 13% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$4,537

Down $3,660 (-45%) from 2016

Liabilities

Flat

$45,842

Flat from 2016

Net Assets

Down

-$41,305

Down $3,660 (-9.7%) from 2016

Revenue

Down

$11,316

Down $19,215 (-63%) from 2016

Expenses

Down

$14,976

Down $8,088 (-35%) from 2016

Net Income

Down

-$3,660

Down $11,127 (-149%) from 2016

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$100K$50K$0-$50KAssets 2014: $20,546Liabilities 2014: $48,759Net Assets 2014: -$28,2132014Assets 2015: $23,092Liabilities 2015: $68,205Net Assets 2015: -$45,1132015Assets 2016: $8,197Liabilities 2016: $45,842Net Assets 2016: -$37,6452016Assets 2017: $4,537Liabilities 2017: $45,842Net Assets 2017: -$41,3052017

Highlighted filing

2017

Assets$4,537
Liabilities$45,842
Net Assets-$41,305

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50KRevenue 2014: $96,851Expenses 2014: $125,064Net Income 2014: -$28,2132014Revenue 2015: $55,603Expenses 2015: $72,503Net Income 2015: -$16,9002015Revenue 2016: $30,531Expenses 2016: $23,064Net Income 2016: $7,4672016Revenue 2017: $11,316Expenses 2017: $14,976Net Income 2017: -$3,6602017

Highlighted filing

2017

Revenue$11,316
Expenses$14,976
Net Income-$3,660

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Oct 12, 2018
Return Version
2017v2.3
Gross Receipts
$23,217
Mission and Program Overview

Mission

The purpose of the organization is to provide low cost and/or no cost hearing assistance to seniors and other adults that cannot meet the financial burden of hearing health care as it relates to hearing instruments and services. It will also sell hearing instruments and services to those that have insurance or can afford said products and services in order to be partly self-sustaining while accomplishing its mission.

Program Services

DescriptionGrantsExpenses
PROVIDING HEARING HEALTH CARE AND HEARING INSTRUMENTS TO INDIVIDUALS-$10,986
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JOHN GONZALESPresidentFT$0--
Filing and Contact Details

Filer

Filer Name
The Hearing Aide Inc
EIN
46-4681760
Phone
4176312522
Address
4307 FAIR HAVEN DRIVE, NIXA, MO 65714

Signing Officer

Name
John Gonzales
Title
President
Phone
4176312522
Signed
2018-10-12
Discuss with paid preparer
Yes

Preparer

Firm
Bohl House & Samek Cpas
Address
1900 S VENTURA AVE STE A, SPRINGFIELD, MO 65804-2714
Preparer
J Edward Samek CPA
Phone
4178822500
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses 222 credit card fees 296 bank fees 203 office supplies 452 financing fees 475 business license 50 auto expense 1,247 travel expense 676 meals 1,112 806 dues and subscriptions 238 medical records and sup 140 repairs & maintenance 113 exam room supplies 554 small medical equipment 365 non-investment depreciation 3,660 total 10,609

Form 990-ez, Part II, Line 24

18,302 18,302 less accumulated depreciation 10,105 13,765 total 8,197 4,537

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 25,842 25,842 start up cost 20,000 20,000

Form 990-ez, Part III

The purpose of the organization is to provide low cost and/or no cost hearing assistance to seniors and other adults that cannot meet the financial burden of hearing health care as it relates to hearing instruments and services. It will also sell hearing instruments and services to those that have insurance or can afford said products and services in order to be partly self-sustaining while accomplishing its mission.

Raw XML Appendix137 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.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES 222 CREDIT CARD FEES 296 BANK FEES 203 OFFICE SUPPLIES 452 FINANCING FEES 475 BUSINESS LICENSE 50 AUTO EXPENSE 1,247 TRAVEL EXPENSE 676 MEALS 1,112 806 DUES AND SUBSCRIPTIONS 238 MEDICAL RECORDS AND SUP 140 REPAIRS & MAINTENANCE 113 EXAM ROOM SUPPLIES 554 SMALL MEDICAL EQUIPMENT 365 NON-INVESTMENT DEPRECIATION 3,660 TOTAL 10,609
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt118,302 18,302 LESS ACCUMULATED DEPRECIATION 10,105 13,765 TOTAL 8,197 4,537
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 25,842 25,842 START UP COST 20,000 20,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE PURPOSE OF THE ORGANIZATION IS TO PROVIDE LOW COST AND/OR NO COST HEARING ASSISTANCE TO SENIORS AND OTHER ADULTS THAT CANNOT MEET THE FINANCIAL BURDEN OF HEARING HEALTH CARE AS IT RELATES TO HEARING INSTRUMENTS AND SERVICES. IT WILL ALSO SELL HEARING INSTRUMENTS AND SERVICES TO THOSE THAT HAVE INSURANCE OR CAN AFFORD SAID PRODUCTS AND SERVICES IN ORDER TO BE PARTLY SELF-SUSTAINING WHILE ACCOMPLISHING ITS MISSION.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
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