Edith & Henry Heuser Hearing Institute
EIN: 611383955 · Louisville, KY · NTEE: H42
| Metric | Value |
|---|---|
| Total Revenue | $4.3M |
| Total Expenses | $2.2M |
| Net Assets | $-1,115,577 |
Is Edith & Henry Heuser Hearing Institute Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Edith & Henry Heuser Hearing Institute
Edith & Henry Heuser Hearing Institute (EIN: 611383955) is a nonprofit organization based in Louisville, KY, classified under NTEE code H42. The organization reported total revenue of $4.3M and total assets of $2.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Edith & Henry Heuser Hearing Institute's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Edith & Henry Heuser Hearing Institute is a mid-size nonprofit that has been operating for 25 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 13.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.0M |
| Total Expenses | $2.2M |
| Surplus / Deficit | +$857K |
| Total Assets | $1.1M |
| Total Liabilities | $2.2M |
| Net Assets | $-1,115,577 |
| Operating Margin | 28.2% |
| Debt-to-Asset Ratio | 199.0% |
| Months of Reserves | 6.2 months |
Financial Health Grade: A
In 2023, Edith & Henry Heuser Hearing Institute reported a surplus of $857K with revenue exceeding expenses, holds 6.2 months of operating reserves (strong position), has a debt-to-asset ratio of 199.0% (high leverage).
Financial Trends
Over 12 years of filings (2012–2023), Edith & Henry Heuser Hearing Institute's revenue has grown at a compound annual growth rate (CAGR) of 13.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +92.6% | +14.1% | -3.9% |
| 2022 | -7.8% | +9.9% | +8.8% |
| 2021 | -4.6% | -7.2% | +91.0% |
| 2020 | +13.2% | +2.4% | -72.2% |
| 2019 | +81.5% | +105.5% | -19.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2001 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Edith & Henry Heuser Hearing Institute has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Edith & Henry Heuser Hearing Institute with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $857K, with revenue exceeding expenses.
- Debt-to-asset ratio: 199.0%.
Frequently Asked Questions about Edith & Henry Heuser Hearing Institute
Is Edith & Henry Heuser Hearing Institute a legitimate charity?
Edith & Henry Heuser Hearing Institute (EIN: 611383955) is a registered tax-exempt nonprofit based in Kentucky. It has 12 years of IRS 990 filings on record. Total revenue: $4.3M. No red flags identified. Financial health grade: A.
How does Edith & Henry Heuser Hearing Institute spend its money?
Edith & Henry Heuser Hearing Institute reported $4.3M in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Edith & Henry Heuser Hearing Institute tax-deductible?
Edith & Henry Heuser Hearing Institute is registered as a tax-exempt nonprofit (EIN: 611383955). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Edith & Henry Heuser Hearing Institute located?
Edith & Henry Heuser Hearing Institute is headquartered in Louisville, Kentucky and files with the IRS under EIN 611383955. It is classified under NTEE code H42.
How many years of IRS 990 filings does Edith & Henry Heuser Hearing Institute have?
Edith & Henry Heuser Hearing Institute has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $4.3M in total revenue.
Filing History
IRS 990 filing history for Edith & Henry Heuser Hearing Institute showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Edith & Henry Heuser Hearing Institute's revenue has grown by 303.2%, moving from $753K to $3.0M. Total assets increased by 110.8% over the same period, from $535K to $1.1M. Total functional expenses rose by 154%, from $858K to $2.2M. In its most recent filing year (2023), Edith & Henry Heuser Hearing Institute reported a surplus of $857K, with revenue exceeding expenses. The organization holds $2.2M in liabilities against $1.1M in assets (debt-to-asset ratio: 199.0%), resulting in net assets of $-1,115,577.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.0M | $2.2M | $1.1M | $2.2M | — | View 990 |
| 2022 | $1.6M | $1.9M | $1.2M | $3.1M | — | View 990 |
| 2021 | $1.7M | $1.7M | $1.1M | $2.7M | — | View 990 |
| 2020 | $1.8M | $1.9M | $564K | $2.2M | — | View 990 |
| 2019 | $1.6M | $1.8M | $2.0M | $3.6M | — | View 990 |
| 2018 | $873K | $890K | $2.5M | $3.3M | — | View 990 |
| 2017 | $643K | $911K | $1.9M | $2.7M | — | View 990 |
| 2016 | $447K | $661K | $1.0M | $1.5M | — | View 990 |
| 2015 | $636K | $669K | $307K | $616K | — | View 990 |
| 2014 | $535K | $634K | $314K | $550K | — | View 990 |
| 2013 | $439K | $782K | $196K | $489K | — | View 990 |
| 2012 | $753K | $858K | $535K | $485K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.0M, expenses of $2.2M, and assets of $1.1M (revenue +92.6% year-over-year).
- 2022: Revenue of $1.6M, expenses of $1.9M, and assets of $1.2M (revenue -7.8% year-over-year).
- 2021: Revenue of $1.7M, expenses of $1.7M, and assets of $1.1M (revenue -4.6% year-over-year).
- 2020: Revenue of $1.8M, expenses of $1.9M, and assets of $564K (revenue +13.2% year-over-year).
- 2019: Revenue of $1.6M, expenses of $1.8M, and assets of $2.0M (revenue +81.5% year-over-year).
- 2018: Revenue of $873K, expenses of $890K, and assets of $2.5M (revenue +35.7% year-over-year).
- 2017: Revenue of $643K, expenses of $911K, and assets of $1.9M (revenue +44.0% year-over-year).
- 2016: Revenue of $447K, expenses of $661K, and assets of $1.0M (revenue -29.8% year-over-year).
- 2015: Revenue of $636K, expenses of $669K, and assets of $307K (revenue +19.0% year-over-year).
- 2014: Revenue of $535K, expenses of $634K, and assets of $314K (revenue +21.8% year-over-year).
- 2013: Revenue of $439K, expenses of $782K, and assets of $196K (revenue -41.7% year-over-year).
- 2012: Revenue of $753K, expenses of $858K, and assets of $535K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Edith & Henry Heuser Hearing Institute:
Data Sources and Methodology
This transparency report for Edith & Henry Heuser Hearing Institute is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.