Hear Me Now Inc
Hear Me Now Inc. faces significant financial challenges with 2023 expenses far exceeding revenue.
EIN: 10514118 · Portland, ME · NTEE: P87 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $537K |
| Program Spending | 70% |
| Net Assets | $102K |
| Transparency Score | 65/100 |
Is Hear Me Now Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hear Me Now Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Hear Me Now Inc
Hear Me Now Inc (EIN: 10514118) is a nonprofit organization based in Portland, ME, classified under NTEE code P87. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hear Me Now Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hear Me Now Inc is a small nonprofit that has been operating for 27 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -7.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $153K |
| Total Expenses | $537K |
| Surplus / Deficit | $-384,033 |
| Total Assets | $105K |
| Total Liabilities | $3K |
| Net Assets | $102K |
| Operating Margin | -251.6% |
| Debt-to-Asset Ratio | 2.6% |
| Months of Reserves | 2.3 months |
Financial Health Grade: C
In 2023, Hear Me Now Inc reported a deficit of $384K with expenses exceeding revenue, holds 2.3 months of operating reserves (limited), has a debt-to-asset ratio of 2.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Hear Me Now Inc's revenue has declined at a compound annual growth rate (CAGR) of -7.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -76.4% | +52.3% | -78.6% |
| 2022 | +41.5% | -3.5% | +153.1% |
| 2021 | +12.7% | -16.4% | +4.7% |
| 2020 | -19.6% | -4.1% | +28.7% |
| 2019 | +12.4% | +3.8% | +37.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 1999 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Hear Me Now Inc with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Hear Me Now Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $384K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.6%.
Executive Compensation Analysis
Officer compensation is reported as 0% across all available filings, indicating that the organization's leadership does not receive direct salary from the nonprofit, which is a positive for minimizing administrative overhead.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Hear Me Now Inc's IRS 990 filings:
- Significant net loss in 2023 ($152,647 revenue vs. $536,680 expenses)
- Sharp decline in revenue from $647,676 in 2022 to $152,647 in 2023
- Substantial decrease in assets from $490,861 in 2022 to $105,054 in 2023, indicating reliance on reserves to cover deficits.
Strengths
The following positive indicators were identified for Hear Me Now Inc:
- No officer compensation reported across all filings, indicating low executive overhead.
- Historically maintained relatively low liabilities compared to assets in most years.
- Consistent filing of IRS 990s, demonstrating transparency in reporting.
Frequently Asked Questions about Hear Me Now Inc
Is Hear Me Now Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Hear Me Now Inc (EIN: 10514118) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Hear Me Now Inc spend its money?
Hear Me Now Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Hear Me Now Inc tax-deductible?
Hear Me Now Inc is registered as a tax-exempt nonprofit (EIN: 10514118). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Hear Me Now Inc's spending goes to programs?
Hear Me Now Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Hear Me Now Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), Hear Me Now Inc is above average for NTEE category P87 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Hear Me Now Inc located?
Hear Me Now Inc is headquartered in Portland, Maine and files with the IRS under EIN 10514118. It is classified under NTEE code P87.
How many years of IRS 990 filings does Hear Me Now Inc have?
Hear Me Now Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Why did Hear Me Now Inc.'s revenue drop so sharply from $647,676 in 2022 to $152,647 in 2023?
The provided data does not specify the reasons for this significant decline, but it could be due to a loss of major grants, reduced donations, or changes in program activities.
How does Hear Me Now Inc. cover its expenses when revenue is significantly lower, as seen in 2023 where expenses were $536,680 against $152,647 in revenue?
The organization likely drew from its assets or reserves to cover the deficit, as indicated by the decrease in assets from $490,861 in 2022 to $105,054 in 2023.
What is the specific breakdown of program, administrative, and fundraising expenses for Hear Me Now Inc.?
The provided IRS 990 summary data does not offer a detailed breakdown of these categories, making it difficult to precisely assess spending efficiency beyond total expenses.
Filing History
IRS 990 filing history for Hear Me Now Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Hear Me Now Inc's revenue has declined by 60.8%, moving from $389K to $153K. Total assets decreased by 18.1% over the same period, from $128K to $105K. Total functional expenses rose by 34.3%, from $400K to $537K. In its most recent filing year (2023), Hear Me Now Inc reported a deficit of $384K, with expenses exceeding revenue. The organization holds $3K in liabilities against $105K in assets (debt-to-asset ratio: 2.6%), resulting in net assets of $102K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $153K | $537K | $105K | $3K | — | — |
| 2022 | $648K | $352K | $491K | $4K | — | View 990 |
| 2021 | $458K | $365K | $194K | $3K | — | View 990 |
| 2020 | $406K | $437K | $185K | $87K | — | View 990 |
| 2019 | $505K | $456K | $144K | $14K | — | View 990 |
| 2018 | $449K | $439K | $105K | $24K | — | View 990 |
| 2017 | $442K | $384K | $86K | $15K | — | View 990 |
| 2016 | $393K | $438K | $33K | $20K | — | View 990 |
| 2015 | $452K | $382K | $67K | $9K | — | View 990 |
| 2014 | $382K | $430K | $37K | $48K | — | View 990 |
| 2013 | $425K | $434K | $38K | $2K | — | View 990 |
| 2012 | $340K | $418K | $57K | $12K | — | View 990 |
| 2011 | $389K | $400K | $128K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $153K, expenses of $537K, and assets of $105K (revenue -76.4% year-over-year).
- 2022: Revenue of $648K, expenses of $352K, and assets of $491K (revenue +41.5% year-over-year).
- 2021: Revenue of $458K, expenses of $365K, and assets of $194K (revenue +12.7% year-over-year).
- 2020: Revenue of $406K, expenses of $437K, and assets of $185K (revenue -19.6% year-over-year).
- 2019: Revenue of $505K, expenses of $456K, and assets of $144K (revenue +12.4% year-over-year).
- 2018: Revenue of $449K, expenses of $439K, and assets of $105K (revenue +1.7% year-over-year).
- 2017: Revenue of $442K, expenses of $384K, and assets of $86K (revenue +12.6% year-over-year).
- 2016: Revenue of $393K, expenses of $438K, and assets of $33K (revenue -13.1% year-over-year).
- 2015: Revenue of $452K, expenses of $382K, and assets of $67K (revenue +18.1% year-over-year).
- 2014: Revenue of $382K, expenses of $430K, and assets of $37K (revenue -10.1% year-over-year).
- 2013: Revenue of $425K, expenses of $434K, and assets of $38K (revenue +25.1% year-over-year).
- 2012: Revenue of $340K, expenses of $418K, and assets of $57K (revenue -12.7% year-over-year).
- 2011: Revenue of $389K, expenses of $400K, and assets of $128K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hear Me Now Inc:
Data Sources and Methodology
This transparency report for Hear Me Now Inc 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.