Childrens Hearing Institute Inc
- Assets
- $1.1m
- Revenue
- $120.8k
- Investments
- $0.0
- Employees
- 1
- Location
- New York, NY
- Founding
- 09/1995
- Data as of
- 04/2022
- EIN
- 13-3794212
Organization Overview
Childrens Hearing Institute Inc is located in New York, NY. The organization was established in 1995. According to its NTEE Classification (G12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Childrens Hearing Institute Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 04/2022, Childrens Hearing Institute Inc generated $120.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (17.0%) each year. All expenses for the organization totaled $268.9k during the year ending 04/2022. As we would expect to see with falling revenues, expenses have declined by (10.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Childrens Hearing Institute Inc has awarded 22 individual grants totaling $451,654. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE CHILDREN'S HEARING INSTITUTE, INC. WAS ESTABLISHED TO FUND RESEARCH AND PROGRAMS THAT IMPROVE THE QUALITY OF LIFE OF HEARING-IMPAIRED CHILDREN AND ADULTS THROUGH RESEARCH, REHABILITATION, AND EDUCATION. ITS MULTIFACETED PROGRAMS HELP BRING TOGETHER THE SKILLS OF PHYSICIANS, BASIC RESEARCHERS, EDUCATORS OF THE DEAF, AUDIOLOGISTS, AND SPEECH/LANGUAGE PATHOLOGISTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CHILDREN'S HEARING INSTITUTE, INC.'S MULTIFACETED PROGRAMS HELP BRING TOGETHER THE SKILLS OF PHYSICIANS, BASIC RESEARCHERS, EDUCATORS OF THE DEAF, AUDIOLOGISTS, AND SPEECH/LANGUAGE PATHOLOGISTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Melissa Willis Executive Director | Officer | 40 | $130,650 |
Leonard Boxer Chairman Emeritus | OfficerTrustee | 1 | $0 |
Simon C Parisier MD President/founder | OfficerTrustee | 1 | $0 |
Elaine S Parisier Founder, Secretary | OfficerTrustee | 1 | $0 |
Stephen J Paluszek Treasurer | OfficerTrustee | 1 | $0 |
Lisa C Vasanth MD Chairman | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $72,793 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $72,793 |
| Total Program Service Revenue | $47,982 |
| Investment income | $1 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $120,776 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $48,421 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $130,666 |
| Compensation of current officers, directors, key employees. | $26,133 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $4,687 |
| Payroll taxes | $10,733 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $10,623 |
| Advertising and promotion | $200 |
| Office expenses | $2,898 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,071 |
| Insurance | $1,075 |
| All other expenses | $622 |
| Total functional expenses | $268,920 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $83,525 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $823 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $959,296 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $7,605 |
| Other assets | $0 |
| Total assets | $1,051,249 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $1,051,249 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,051,249 |
Grants Awarded
Over the last fiscal year, Childrens Hearing Institute Inc has awarded $39,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
CAMPED UP PURPOSE: GRANT FOR CAMP IN A BOX - FALL CAMP | $20,000 |
New York, NY PURPOSE: TO FUND SCIENTIFIC RESEARCH INTO HEARING LOSS IN PEDIATRICS. | $10,000 |
WEILL CORNELL MEDICINE PURPOSE: GRANT FOR SOCIALIZATION AND SUPPORT GROUP | $9,000 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Childrens Hearing Institute Inc has recieved totaling $11,554.
| Awarding Organization | Amount |
|---|---|
Andrew And Ann Tisch Foundation Inc New York, NY PURPOSE: TO FURTHER EDUCATIONAL, RELIGIOUS, MEDICAL, CULTURAL, SOCIETAL AND ENVIRONMENTAL CAUSES. | $10,000 |
Solomon Organization Charitable Tr summit, NJ PURPOSE: TO FURTHER THE ENTITY'S CHARITABLE PURPOSE. | $1,000 |
Gloria And Sidney Danziger Foundation Inc Charlottesville, VA PURPOSE: GENERAL | $500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $54 |
Endowment Analysis
| Beg. Balance | $517,152 |
| Ending Balance | $517,152 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Autism Speaks Inc Princeton, NJ | $46,226,879 | $53,701,450 |
Service Coordination Unlimited Inc Pittsburgh, PA | $4,474,883 | $7,015,271 |
Integrate Health Inc Medway, MA | $11,519,968 | $5,602,759 |
Neuroendocrine Tumor Research Foundation Boston, MA | $26,608,419 | $8,207,303 |
Eagles Autism Challenge Inc Philadelphia, PA | $4,671,801 | $3,218,137 |
Hope & Heroes Childrens Cancer Fund New York, NY | $6,179,073 | $4,699,771 |
Sharsheret Inc Teaneck, NJ | $13,435,565 | $7,157,553 |
Town Fair Tire Foundation Inc East Haven, CT | $52,065,135 | $4,401,407 |
The Abim Foundation Philadelphia, PA | $92,491,227 | $11,488,048 |
Cure Rare Disease Inc Boston, MA | $1,470,434 | $2,486,822 |
Bringing Hope Home Inc Malvern, PA | $706,369 | $2,303,858 |
Cookies For Kids Cancer Califon, NJ | $3,410,240 | $2,364,523 |