Civic Intelligence

Virginia Lions Hearing Foundation

990EZ • Fiscal year 2017 • EIN 54-1183740

Jul 01, 2016 to Jun 30, 2017 • Filed on Oct 09, 2017

Box 477 Uva Health Svcs Ctr Rm1489aCharlottesville, VA 22908

(800) 251-3627

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.05x

Higher debt load relative to assets than 73% of similar nonprofits.

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

Liabilities / Revenue

91st percentile

0.37x

Higher debt load relative to revenue than 91% of similar nonprofits.

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

Net Margin

9th percentile

-42%

Higher net margin than 9% of similar nonprofits.

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

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

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

Asset Growth

61st percentile

9.4%

Faster asset growth than 61% of similar nonprofits.

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

Revenue Growth

56th percentile

4.9%

Faster revenue growth than 56% of similar nonprofits.

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

Assets

Up

$273,622

Up $23,495 (+9.4%) from 2016

Net Assets

Up

$258,836

Up $10,322 (+4.2%) from 2016

Liabilities

Up

$14,786

Up $13,173 (+817%) from 2016

Revenue

Up

$40,505

Up $1,910 (+4.9%) from 2016

Expenses

Down

$57,539

Down $13,295 (-19%) from 2016

Net Income

Up

-$17,034

Up $15,205 (+47%) from 2016

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2010: $260,890Liabilities 2010: $1,694Net Assets 2010: $259,1962010Assets 2012: $224,913Liabilities 2012: $1,422Net Assets 2012: $223,4912012Assets 2013: $246,574Liabilities 2013: $1,614Net Assets 2013: $244,9602013Assets 2014: $267,951Liabilities 2014: $1,614Net Assets 2014: $266,3372014Assets 2015: $280,262Liabilities 2015: $1,5952015Assets 2016: $250,127Liabilities 2016: $1,613Net Assets 2016: $248,5142016Assets 2017: $273,622Liabilities 2017: $14,786Net Assets 2017: $258,8362017Assets 2018: $305,507Liabilities 2018: $1,6142018Assets 2019: $391,750Liabilities 2019: $1,711Net Assets 2019: $390,0392019Assets 2020: $403,666Liabilities 2020: $1,7842020Assets 2021: $446,503Liabilities 2021: $1,7842021Assets 2022: $45,990Liabilities 2022: $1,499Net Assets 2022: $44,4912022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023

Highlighted filing

2017

Assets$273,622
Liabilities$14,786
Net Assets$258,836

Operations Trend

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

$500K$0-$500KRevenue 2010: $50,755Expenses 2010: $57,089Net Income 2010: -$6,3342010Revenue 2012: $47,416Expenses 2012: $122,519Net Income 2012: -$75,1032012Revenue 2013: $56,688Expenses 2013: $53,912Net Income 2013: $2,7762013Revenue 2014: $51,364Expenses 2014: $53,227Net Income 2014: -$1,8632014Revenue 2015: $45,298Expenses 2015: $41,445Net Income 2015: $3,8532015Revenue 2016: $38,595Expenses 2016: $70,834Net Income 2016: -$32,2392016Revenue 2017: $40,505Expenses 2017: $57,539Net Income 2017: -$17,0342017Revenue 2018: $76,327Expenses 2018: $61,094Net Income 2018: $15,2332018Revenue 2019: $117,558Expenses 2019: $49,739Net Income 2019: $67,8192019Revenue 2020: $48,196Expenses 2020: $45,395Net Income 2020: $2,8012020Revenue 2021: $15,503Expenses 2021: $34,069Net Income 2021: -$18,5662021Revenue 2022: $14,403Expenses 2022: $417,372Net Income 2022: -$402,9692022Revenue 2023: $4,857Expenses 2023: $49,348Net Income 2023: -$44,4912023

Highlighted filing

2017

Revenue$40,505
Expenses$57,539
Net Income-$17,034
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Oct 9, 2017
Return Version
2016v3.0
Gross Receipts
$40,505
Mission and Program Overview

Mission

To promote noise awareness and hearing loss prevention through education and research.

Program Services

DescriptionGrantsExpenses
PROMOTED NOISE AWARENESS AND PREVENTION OF HEARING LOSS THROUGH EDCUCATION AND RESEARCH, INCLUDING SUPPORT TO THE FOLLOWING PROGRAMS: COCHLEAR IMPLANT PROGRAM, IMPLNATABLE HEARING AID PROJECT, HAIR CELL REGENERATION, NEWBORN HEARING SCREENING, HEARING AID ASSISTANCE AND PROVIDING EDCUATIONAL INFORMATION AND MATERIALS TO LIONS CLUBS FOR DISTRIBUTION THROUGHOUT VIRGINIA.-$28,295
PROMOTED NOISE AWARENESS AND PREVENTION OF HEARING LOSS THROUGH EDCUCATION AND RESEARCH, INCLUDING SUPPORT TO THE FOLLOWING PROGRAMS: COCHLEAR IMPLANT PROGRAM, IMPLNATABLE HEARING AID PROJECT, HAIR CELL REGENERATION, NEWBORN HEARING SCREENING, HEARING AID ASSISTANCE AND PROVIDING EDCUATIONAL INFORMATION AND MATERIALS TO LIONS CLUBS FOR DISTRIBUTION THROUGHOUT VIRGINIA.$19,970$20,106
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
RICHARD EVANSImmediate Pa-$0--
JD ARNOLDPresident-$0--
MARY LOU NEWMANDirector-$0--
DON COLLEYTreasurer-$0--
EDWARD WOODARDDirector-$0--
CURRELL TIFFANYDirector-$0--
PETE WILLSDirector-$0--
KENNETH QUANTOCKDirector-$0--
JANICE BOWLINGDirector-$0--
JAY MOUGHONDirector-$0--
HEATHER JONES-LANCTODirector-$0--
MARK PENNYPACKERDirector-$0--
TUCKER CASANOVADirector-$0--
CHET KRAMERVice Preside-$0--
MARTY ALFORDDirector-$0--
KIRK SAMPSONDirector-$0--
REV BILL CAHILLDirector-$0--
SALLY KENAVANDirector-$0--
CALVIN EASTERDirector-$0--
ANN RAGLANDDirector-$0--
JOHN KNEPPERDirector-$0--
PAT KERRSecretary-$0--
BETH STEVENSDirector-$0--
STEVE TAYLORDirector-$0--
JOE MACK TAYLORDirector-$0--
ROBERT LEONARDDirector-$0--
MIKE MCLAUGHLINDirector-$0--
TONY REYESDirector-$0--
ART SOMERSDirector-$0--
CLARENCE ROBERT TAYLORDirector-$0--
DONALD HILBERTDirector-$0--
PAT ISAACDirector-$0--
DAVID RIELDirector-$0--
SANDRA MORRISDirector-$0--
J STANLEY FURMANDirector-$0--
CLAY SENECALDirector-$0--
HAUSER WEILERDirector-$0--
ROBERT FOUTZDirector-$0--
JOHN W JONES JRDirector-$0--
KATHY HARVEY-JONESDirector-$0--
Filing and Contact Details

Filer

Filer Name
Virginia Lions Hearing Foundation
EIN
54-1183740
Phone
8002513627
Address
BOX 477 UVA HEALTH SVCS CTR RM1489A, CHARLOTTESVILLE, VA 22908

Signing Officer

Name
Don Colley
Title
Treasurer
Phone
4349735000
Signed
2017-10-09
Discuss with paid preparer
Yes

Preparer

Firm
Monfalcone & Garris Pc
Address
1140 EAST MARKET STREET, CHARLOTTESVILLE, VA 22902
Preparer
Christina Monfalcone CPA
Phone
4349717255
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10

University of virginia po box 800477 uva health sys charlottesville, va 22908 19,970 0 0

Form 990-ez, Part I, Line 16

Expenses office 160 travel 1,490 conferences & meetings 1,254 insurance 1,100 bank fees 98 miscellaneous 634 prizes and awards 400 repairs & maintenance 167 research stipends 4,000 supplies 266 telephone 1,499 total 11,068

Form 990-ez, Part I, Line 20

Unrealized gains on investments 27,356

Form 990-ez, Part II, Line 24

Pledges receivable 2,229 7,588 467,708 467,708 less accumulated depreciation 467,708 467,708 total 2,229 7,588

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 1,613 6 grants payable 0 14,780

Form 990-ez, Part III

To promote noise awareness and hearing loss prevention through education and research.

Form 990-ez, Part III, Line 28

Promoted noise awareness and prevention of hearing loss through edcucation and research, including support to the following programs: cochlear implant program, implnatable hearing aid project, hair cell regeneration, newborn hearing screening, hearing aid assistance and providing edcuational information and materials to lions clubs for distribution throughout virginia.

Form 990-ez, Part III, Line 31

Promoted noise awareness and prevention of hearing loss through edcucation and research, including support to the following programs: cochlear implant program, implnatable hearing aid project, hair cell regeneration, newborn hearing screening, hearing aid assistance and providing edcuational information and materials to lions clubs for distribution throughout virginia.

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IRS990EZ/ProgramServiceRevenueAmt037291
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROMOTED NOISE AWARENESS AND PREVENTION OF HEARING LOSS THROUGH EDCUCATION AND RESEARCH, INCLUDING SUPPORT TO THE FOLLOWING PROGRAMS: COCHLEAR IMPLANT PROGRAM, IMPLNATABLE HEARING AID PROJECT, HAIR CELL REGENERATION, NEWBORN HEARING SCREENING, HEARING AID ASSISTANCE AND PROVIDING EDCUATIONAL INFORMATION AND MATERIALS TO LIONS CLUBS FOR DISTRIBUTION THROUGHOUT VIRGINIA.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1PROMOTED NOISE AWARENESS AND PREVENTION OF HEARING LOSS THROUGH EDCUCATION AND RESEARCH, INCLUDING SUPPORT TO THE FOLLOWING PROGRAMS: COCHLEAR IMPLANT PROGRAM, IMPLNATABLE HEARING AID PROJECT, HAIR CELL REGENERATION, NEWBORN HEARING SCREENING, HEARING AID ASSISTANCE AND PROVIDING EDCUATIONAL INFORMATION AND MATERIALS TO LIONS CLUBS FOR DISTRIBUTION THROUGHOUT VIRGINIA.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt019970
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt028295
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt120106
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt023072
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt01613
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt014786
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt057539
IRS990EZ/TotalProgramServiceExpensesAmt048401
IRS990EZ/TotalRevenueAmt040505
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.VLHF.ORG
IRS990ScheduleA/HospitalNameAndAddressGrp/CityNm0CHARLOTTESVILLE
IRS990ScheduleA/HospitalNameAndAddressGrp/StateAbbreviationCd0VA
IRS990ScheduleA/HospitalNameAndAddressGrp/SupportedOrganizationName/BusinessNameLine1Txt0UNIVERSITY OF VIRGINIA
IRS990ScheduleA/MedicalResearchOrganizationInd0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0UNIVERSITY OF VIRGINIA PO BOX 800477 UVA HEALTH SYS CHARLOTTESVILLE, VA 22908 19,970 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES OFFICE 160 TRAVEL 1,490 CONFERENCES & MEETINGS 1,254 INSURANCE 1,100 BANK FEES 98 MISCELLANEOUS 634 PRIZES AND AWARDS 400 REPAIRS & MAINTENANCE 167 RESEARCH STIPENDS 4,000 SUPPLIES 266 TELEPHONE 1,499 TOTAL 11,068
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UNREALIZED GAINS ON INVESTMENTS 27,356
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PLEDGES RECEIVABLE 2,229 7,588 467,708 467,708 LESS ACCUMULATED DEPRECIATION 467,708 467,708 TOTAL 2,229 7,588
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ACCOUNTS PAYABLE AND ACCRUED EXPENSES 1,613 6 GRANTS PAYABLE 0 14,780
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5TO PROMOTE NOISE AWARENESS AND HEARING LOSS PREVENTION THROUGH EDUCATION AND RESEARCH.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6PROMOTED NOISE AWARENESS AND PREVENTION OF HEARING LOSS THROUGH EDCUCATION AND RESEARCH, INCLUDING SUPPORT TO THE FOLLOWING PROGRAMS: COCHLEAR IMPLANT PROGRAM, IMPLNATABLE HEARING AID PROJECT, HAIR CELL REGENERATION, NEWBORN HEARING SCREENING, HEARING AID ASSISTANCE AND PROVIDING EDCUATIONAL INFORMATION AND MATERIALS TO LIONS CLUBS FOR DISTRIBUTION THROUGHOUT VIRGINIA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7PROMOTED NOISE AWARENESS AND PREVENTION OF HEARING LOSS THROUGH EDCUCATION AND RESEARCH, INCLUDING SUPPORT TO THE FOLLOWING PROGRAMS: COCHLEAR IMPLANT PROGRAM, IMPLNATABLE HEARING AID PROJECT, HAIR CELL REGENERATION, NEWBORN HEARING SCREENING, HEARING AID ASSISTANCE AND PROVIDING EDCUATIONAL INFORMATION AND MATERIALS TO LIONS CLUBS FOR DISTRIBUTION THROUGHOUT VIRGINIA.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990-EZ, PART III, LINE 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DON COLLEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum04349735000
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-10-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VIRGINIA LIONS HEARING FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0VIRG
ReturnHeader/Filer/EIN0541183740
ReturnHeader/Filer/PhoneNum08002513627
ReturnHeader/Filer/USAddress/AddressLine1Txt0BOX 477 UVA HEALTH SVCS CTR RM1489A
ReturnHeader/Filer/USAddress/CityNm0CHARLOTTESVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd022908
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId03E542BC34D7914950E333010B1E984B9BFDB8352
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId02C64A009829DBEA1F3ECFED35C7C55AD599EE344
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0541742277
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MONFALCONE & GARRIS PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01140 EAST MARKET STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CHARLOTTESVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd022902
ReturnHeader/PreparerPersonGrp/PhoneNum04349717255
ReturnHeader/PreparerPersonGrp/PreparationDt02017-10-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHRISTINA MONFALCONE CPA
ReturnHeader/ReturnTs02017-10-18T08:53:07-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-07-01
ReturnHeader/TaxPeriodEndDt02017-06-30
ReturnHeader/TaxYr02016

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.05$0.49$0.44
2022Detailed filing. Detailed filing data is available for this year.$0.46$0.01$0.44$0.14$4.17$4.03
2021Summary only. Only limited summary data is available for this year.$4.47$0.02$0.16$0.34$0.19
2020Summary only. Only limited summary data is available for this year.$4.04$0.02$0.48$0.45$0.03
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.92$0.02$3.90$1.18$0.50$0.68
2018Summary only. Only limited summary data is available for this year.$3.06$0.02$0.76$0.61$0.15
2017Detailed filing. Detailed filing data is available for this year.$2.74$0.15$2.59$0.41$0.58$0.17
2016Detailed filing. Detailed filing data is available for this year.$2.50$0.02$2.49$0.39$0.71$0.32
2015Summary only. Only limited summary data is available for this year.$2.80$0.02$0.45$0.41$0.04
2014Detailed filing. Detailed filing data is available for this year.$2.68$0.02$2.66$0.51$0.53$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.47$0.02$2.45$0.57$0.54$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.25$0.01$2.23$0.47$1.23$0.75
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.61$0.02$2.59$0.51$0.57$0.06