Quick charity verification for Center For Hearing And Communication (EIN: 131624127)
Verdict: Center For Hearing And Communication appears trustworthy
85/100Mission Score
$8.3MRevenue
$14.2MAssets
2Red Flags
4Strengths
Red Flags
Expenses exceeded revenue in the two most recent filing periods (202306 and 202206).
Significant increase in liabilities from $946,326 in 202206 to $9,619,491 in 202306, which needs further clarification.
Strengths
Consistent reporting of 0% officer compensation, indicating strong financial transparency and mission focus.
Long-term stable revenue generation over the past decade.
Significant growth in assets, reaching $14,552,858 in 202306.
Demonstrated ability to manage expenses close to revenue for many years.
Spending Breakdown
How Center For Hearing And Communication allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
10%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Center For Hearing And Communication
Is Center For Hearing And Communication a legitimate charity?
Based on AI analysis of IRS 990 filings, Center For Hearing And Communication (EIN: 131624127) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Center For Hearing And Communication a good charity to donate to?
Center For Hearing And Communication has a Mission Score of 85/100. Revenue: $8.3M. Assets: $14.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Center For Hearing And Communication?
The Employer Identification Number (EIN) for Center For Hearing And Communication is 131624127. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Center For Hearing And Communication spend its money?
Center For Hearing And Communication allocates 80% to programs, 10% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Center For Hearing And Communication's tax-exempt status?
You can verify Center For Hearing And Communication's tax-exempt status using EIN 131624127 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The Center For Hearing And Communication demonstrates a generally stable financial history, with revenues and expenses hovering around the $5-7 million mark over the past decade. In the most recent filing (202306), the organization reported expenses of $7,067,756 against revenues of $6,275,915, indicating a deficit for that period. This follows a similar trend in 202206 where expenses slightly exceeded revenue. However, prior years like 202106 showed a surplus, with revenue of $6,732,330 exceeding expenses of $6,056,411. The organization's assets have seen a significant increase, jumping from $6,565,766 in 202206 to $14,552,858 in 202306, though this is accompanied by a substantial rise in liabilities from $946,326 to $9,619,491 in the same period, which warrants further investigation into the nature of these liabilities.
Spending efficiency appears to be a mixed bag. While the organization has generally managed its expenses close to its revenue, the recent deficits suggest a need for closer monitoring of operational costs or an increase in fundraising efforts. The consistent reporting of 0% officer compensation across all available filings is a strong indicator of financial transparency and a commitment to directing funds towards the mission rather than executive salaries. This practice significantly enhances the organization's appeal to donors concerned about executive pay.
Overall, the Center For Hearing And Communication exhibits a commitment to transparency through its consistent 0% officer compensation. While recent filings show expenses exceeding revenue, the long-term financial stability and significant asset growth (albeit with increased liabilities) suggest a resilient organization. Further analysis of the nature of the recent increase in liabilities would provide a more complete picture of its financial health.