Foundation For Hearing Research Inc
- Assets
- $5.7m
- Revenue
- $3.9m
- Investments
- $0.0
- Employees
- 35
- Location
- Redwood City, CA
- Founding
- 06/1970
- Data as of
- 06/2021
- EIN
- 94-1706320
Organization Overview
Foundation For Hearing Research Inc, operating under the name Weingarten Childrens Center, is located in Redwood City, CA. The organization was established in 1970. According to its NTEE Classification (B28) the organization is classified as: Special Education, under the broad grouping of Education and related organizations. As of 06/2021, Weingarten Childrens Center employed 35 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Weingarten Childrens Center 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 06/2021, Weingarten Childrens Center generated $3.9m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 14.5% each year . All expenses for the organization totaled $2.7m during the year ending 06/2021. While expenses have increased by 1.2% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE PART III, LINE 1.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ONSITE EDUCATION AND THERAPY PROGRAM PROVIDES CLASSROOM EDUCATION AND ONE-ON-ONE SPEECH THERAPY FOR CHILDREN AGES 0 - 6 WHO ARE DEAF OR HARD OF HEARING. THIS PROGRAM CONCENTRATES ON RECEPTIVE AND EXPRESSIVE SPOKEN LANGUAGE, SOCIAL SKILLS, AND COGNITION. PROGRAM OBJECTIVES ARE TO MEET EACH CHILD'S INDIVIDUALIZED EDUCATION PROGRAM OR INDIVIDUALIZED FAMILY SERVICE PLAN GOALS, AND TO PREPARE CHILDREN TO SUCCEED IN MAINSTREAM EDUCATION STARTING BY THE FIRST GRADE. BABYTALK TELEINTERVENTION PROGRAM DEVELOPED IN COOPERATION WITH THE STANFORD SCHOOL OF MEDICINE PROVIDES ONE-ON-ONE DISTANCE AUDIO/VIDEO SPEECH AND LANGUAGE THERAPY TO PARENTS AND CAREGIVERS OF CHILDREN AGES 0 - 3 WHO ARE DEAF OR HARD OF HEARING.ONSITE THERAPY-ONLY PROGRAM PROVIDES ONE-ON-ONE IN-PERSON SPEECH AND LANGUAGE THERAPY FOR CHILDREN WHO ARE DEAF OR HARD OF HEARING. OTHER SERVICES INCLUDE EDUCATIONAL AUDIOLOGY, OCCUPATIONAL AND MOVEMENT THERAPY, AND PARENT EDUCATION, ALL FOCUSED ON CHILDREN WHO ARE DEAF OR HARD OF HEARING AND THEIR FAMILIES.TEACHLSL DISTANCE LEARNING PROGRAM OFFERS REMOTE LISTENING AND SPOKEN LANGUAGE CLASSES, TELETHERAPY, AND PARENT COACHING TO CHILDREN WHO ARE DEAF OR HARD OF HEARING AND THEIR FAMILIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Doyle President & E.d. | Officer | 40 | $212,835 |
Jennifer Aguilar Director Of Student Services | 40 | $138,643 | |
Sharon Nutini Teacher Of The Deaf/therapist | 40 | $107,247 | |
Donald Potter Vice President | OfficerTrustee | 2 | $0 |
Renee Schwall Secretary | OfficerTrustee | 2 | $0 |
Gianpaolo Callioni Treasurer | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $201,198 |
| Related organizations | $0 |
| Government grants | $331,176 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,600,724 |
| Noncash contributions included in lines 1a–1f | $150,025 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,133,098 |
| Total Program Service Revenue | $1,687,131 |
| Investment income | $106,764 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $351 |
| Net Income from Gaming Activities | $5,300 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,933,672 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $12,530 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $181,024 |
| Compensation of current officers, directors, key employees. | $45,256 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,645,286 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $140,275 |
| Payroll taxes | $149,845 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $48,919 |
| Fees for services: Lobbying | $7,991 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $376 |
| Fees for services: Other | $90,540 |
| Advertising and promotion | $8,579 |
| Office expenses | $96,863 |
| Information technology | $29,392 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $734 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,353 |
| Interest | $32,668 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $85,831 |
| Insurance | $14,651 |
| All other expenses | $6,536 |
| Total functional expenses | $2,695,735 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $360 |
| Savings and temporary cash investments | $617,137 |
| Pledges and grants receivable | $602,500 |
| Accounts receivable, net | $462,725 |
| 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 | $13,433 |
| Net Land, buildings, and equipment | $1,981,031 |
| Investments—publicly traded securities | $2,003,089 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $14,098 |
| Total assets | $5,694,373 |
| Accounts payable and accrued expenses | $39,597 |
| 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 | $700,031 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $739,628 |
| Net assets without donor restrictions | $3,719,910 |
| Net assets with donor restrictions | $1,234,835 |
| 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 | $5,694,373 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Foundation For Hearing Research Inc has recieved totaling $212,927.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $120,377 |
Woodlawn Foundation San Mateo, CA PURPOSE: 0-3 PRESCHOOL AND GENERAL OPERATING | $50,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $29,700 |
Silicon Valley Community Foundation Mountain View, CA PURPOSE: Education | $12,850 |
Endowment Analysis
| Beg. Balance | $114,207 |
| Earnings | $33,790 |
| Admin Expense | $291 |
| Ending Balance | $147,706 |
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