Civic Intelligence

Hearing Research Institute Inc.

990EZ • Fiscal year 2017 • EIN 65-0222793

Jun 01, 2016 to May 31, 2017 • Filed on Oct 11, 2017

Organization ProfileN/A
7000 SW 62nd Avenue Ste 210South Miami, FL 33143

(305) 598-4478

Siviq Scores

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

Liabilities / Assets

67th percentile

0.02x

Higher debt load relative to assets than 67% of similar nonprofits.

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

Liabilities / Revenue

67th percentile

0.02x

Higher debt load relative to revenue than 67% of similar nonprofits.

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

Net Margin

27th percentile

-7.0%

Higher net margin than 27% 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

31st percentile

-8.4%

Faster asset growth than 31% of similar nonprofits.

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

Revenue Growth

63rd percentile

9.9%

Faster revenue growth than 63% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets67th percentile

Assets

Down

$45,667

Down $4,180 (-8.4%) from 2016

Net Assets

Down

$44,625

Down $4,805 (-9.7%) from 2016

Liabilities

Up

$1,042

Up $625 (+150%) from 2016

Revenue And Expenses
Liabilities / Revenue67th percentileNet Margin27th percentile

Revenue

Up

$68,664

Up $6,210 (+9.9%) from 2016

Expenses

Up

$73,469

Up $6,754 (+10%) from 2016

Net Income

Down

-$4,805

Down $544 (-13%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth31st percentile

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

$150K$100K$50K$0Assets 2012: $100,586Liabilities 2012: $0Net Assets 2012: $100,5862012Assets 2013: $81,305Liabilities 2013: $356Net Assets 2013: $80,9492013Assets 2014: $78,057Liabilities 2014: $204Net Assets 2014: $77,8532014Assets 2016: $49,847Liabilities 2016: $417Net Assets 2016: $49,4302016Assets 2017: $45,667Liabilities 2017: $1,042Net Assets 2017: $44,6252017Assets 2018: $46,385Liabilities 2018: $1,479Net Assets 2018: $44,9062018Assets 2021: $62,021Net Assets 2021: $62,0212021Assets 2022: $68,440Net Assets 2022: $68,4402022Assets 2023: $83,180Net Assets 2023: $83,1802023Assets 2024: $84,646Net Assets 2024: $84,6462024Assets 2025: $80,985Net Assets 2025: $80,9852025

Highlighted filing

2017

Assets$45,667
Liabilities$1,042
Net Assets$44,625
Open 2017 Filing

Operations Trend

Revenue Growth63rd percentile

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

$150K$100K$50K$0-$50KRevenue 2012: $105,555Expenses 2012: $134,472Net Income 2012: -$28,9172012Revenue 2013: $101,388Expenses 2013: $121,025Net Income 2013: -$19,6372013Revenue 2014: $104,192Expenses 2014: $107,288Net Income 2014: -$3,0962014Revenue 2016: $62,454Expenses 2016: $66,715Net Income 2016: -$4,2612016Revenue 2017: $68,664Expenses 2017: $73,469Net Income 2017: -$4,8052017Revenue 2018: $64,136Expenses 2018: $63,855Net Income 2018: $2812018Revenue 2021: $36,766Expenses 2021: $34,877Net Income 2021: $1,8892021Revenue 2022: $41,772Expenses 2022: $35,353Net Income 2022: $6,4192022Revenue 2023: $43,576Expenses 2023: $28,836Net Income 2023: $14,7402023Revenue 2024: $23,726Expenses 2024: $22,260Net Income 2024: $1,4662024Revenue 2025: $51,921Expenses 2025: $55,582Net Income 2025: -$3,6612025

Highlighted filing

2017

Revenue$68,664
Expenses$73,469
Net Income-$4,805
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jun 1, 2016 to May 31, 2017
Signed
Oct 11, 2017
Return Version
2016v3.1
Gross Receipts
$68,664
Mission and Program Overview

Mission

Helping deaf and hard of hearing children and adults realize their full potential.

Program Services

DescriptionGrantsExpenses
HELPING DEAF AND HARD OF HEARING CHILDREN AND ADULTS REALIZE THEIR FULL POTENTIAL.--
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
ROBERT E PICKARDMedical Director-$0--
RENEE BRANDESBoard Member-$0--
INO HALEGUA MDBoard Member-$0--
BARRY DIAMONDBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Hearing Research Institute
EIN
65-0222793
In Care Of
% LAURENCE A PARNES
Address
7000 SW 62ND AVENUE STE 210, SOUTH MIAMI, FL 33143

Signing Officer

Name
Robert E Pickard
Title
Director
Phone
3056611040
Signed
2017-10-11
Discuss with paid preparer
Yes

Preparer

Firm
Laurence a Parnes CPA
Address
7700 N KENDALL DRIVE SUITE 807, MIAMI, FL 33156
Preparer
Laurence a Parnes
Phone
3056611040
Supplemental Narrative

Additional Explanations

Form 990EZ Part I Line 16

“Description:BANK CHARGES Amount:36”

Form 990EZ Part I Line 16

“Description:HEARING AIDS & TESTING EQUIPMENT Amount:18189”

Form 990EZ Part I Line 16

“Description:GIFTS & CONTRIBUTIONS Amount:250”

Form 990EZ Part I Line 16

“Description:LICENSES & PERMITS Amount:158”

Form 990EZ Part I Line 16

“Description:REIMBURSED EXPENSES Amount:150”

Form 990EZ Part I Line 16

“Description:SEMINARS & MEETINGS Amount:556”

Raw XML Appendix183 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0MEDICAL DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1BOARD MEMBER
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IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
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IRS990EZ/OtherExpensesTotalAmt019339
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IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt073469
IRS990EZ/TotalRevenueAmt068664
IRS990EZ/TransactionWithControlEntInd0false
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IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
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IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt059
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt059
IRS990ScheduleA/InvestmentIncomeCYPct00.00017
IRS990ScheduleA/InvestmentIncomePYPct00.00022
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
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IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99983
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IRS990ScheduleA/PublicSupportTotal509Amt0341652
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IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description:BANK CHARGES Amount:36
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description:HEARING AIDS & TESTING EQUIPMENT Amount:18189
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description:GIFTS & CONTRIBUTIONS Amount:250
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Description:LICENSES & PERMITS Amount:158
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Description:REIMBURSED EXPENSES Amount:150
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Description:SEMINARS & MEETINGS Amount:556
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990EZ PART I LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990EZ PART I LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990EZ PART I LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990EZ PART I LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990EZ PART I LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990EZ PART I LINE 16
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ROBERT E PICKARD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03056611040
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-10-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HEARING RESEARCH INSTITUTE
ReturnHeader/Filer/BusinessNameControlTxt0HEAR
ReturnHeader/Filer/EIN0650222793
ReturnHeader/Filer/InCareOfNm0% LAURENCE A PARNES
ReturnHeader/Filer/USAddress/AddressLine1Txt07000 SW 62ND AVENUE STE 210
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt07700 N KENDALL DRIVE SUITE 807
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
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ReturnHeader/PreparerPersonGrp/PhoneNum03056611040
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LAURENCE A PARNES
ReturnHeader/ReturnTs02017-11-15T16:50:53-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-06-01
ReturnHeader/TaxPeriodEndDt02017-05-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$45,667
Liabilities
$1,042
Net assets
$44,625
Revenue
$68,664
Expenses
$73,469
Net income
-$4,805
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.81$0.81$0.52$0.56$0.04
2024Detailed filing. Detailed filing data is available for this year.$0.85$0.85$0.24$0.22$0.01
2023Detailed filing. Detailed filing data is available for this year.$0.83$0.83$0.44$0.29$0.15
2022Detailed filing. Detailed filing data is available for this year.$0.68$0.68$0.42$0.35$0.06
2021Detailed filing. Detailed filing data is available for this year.$0.62$0.62$0.37$0.35$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.46$0.01$0.45$0.64$0.64$0.00
2017Detailed filing. Detailed filing data is available for this year.$0.46$0.01$0.45$0.69$0.73$0.05
2016Detailed filing. Detailed filing data is available for this year.$0.50$0.00$0.49$0.62$0.67$0.04
2014Detailed filing. Detailed filing data is available for this year.$0.78$0.00$0.78$1.04$1.07$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.81$0.00$0.81$1.01$1.21$0.20
2012Summary only. Only limited summary data is available for this year.$1.01$0.00$1.01$1.06$1.34$0.29