Hearing Evaluation Services Of Buffalo Inc
Hearing Evaluation Services Of Buffalo Inc shows consistent growth and zero reported officer compensation over a decade.
EIN: 161164250 · Amherst, NY · NTEE: E56Z · Updated: 2026-03-28
Is Hearing Evaluation Services Of Buffalo Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hearing Evaluation Services Of Buffalo Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hearing Evaluation Services Of Buffalo Inc
Hearing Evaluation Services Of Buffalo Inc (EIN: 161164250) is a nonprofit organization based in Amherst, NY, classified under NTEE code E56Z. The organization reported total revenue of $8.2M and total assets of $2.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hearing Evaluation Services Of Buffalo Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hearing Evaluation Services Of Buffalo Inc is a mid-size nonprofit that has been operating for 45 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 10.7%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $7.4M |
| Total Expenses | $7.4M |
| Surplus / Deficit | +$10K |
| Total Assets | $2.1M |
| Total Liabilities | $1.2M |
| Net Assets | $932K |
| Operating Margin | 0.1% |
| Debt-to-Asset Ratio | 55.3% |
| Months of Reserves | 3.4 months |
Financial Health Grade: A
In 2024, Hearing Evaluation Services Of Buffalo Inc reported a surplus of $10K with revenue exceeding expenses, holds 3.4 months of operating reserves (adequate), has a debt-to-asset ratio of 55.3% (high leverage).
Financial Trends
Over 14 years of filings (2011–2024), Hearing Evaluation Services Of Buffalo Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +23.1% | +23.2% | +3.6% |
| 2023 | +12.0% | +12.0% | +13.1% |
| 2022 | +6.4% | +14.9% | -6.6% |
| 2021 | +35.8% | +20.3% | +63.6% |
| 2020 | -9.9% | -5.3% | +13.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1981 |
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 Hearing Evaluation Services Of Buffalo Inc with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Hearing Evaluation Services Of Buffalo Inc allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $10K, with revenue exceeding expenses.
- Debt-to-asset ratio: 55.3%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is highly unusual for an organization of its size with revenues exceeding $7 million. This suggests either a volunteer leadership structure or that compensation is reported under other expense categories, warranting further investigation for complete transparency.
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 Hearing Evaluation Services Of Buffalo Inc's IRS 990 filings:
- Consistent 0% officer compensation reported, which is unusual for an organization of this size and may indicate compensation is reported elsewhere or a unique operational model that warrants further scrutiny for full transparency.
Strengths
The following positive indicators were identified for Hearing Evaluation Services Of Buffalo Inc:
- Consistent revenue growth, increasing from $3.15M in 2015 to $7.40M in 2024, demonstrating expanding capacity.
- Strong asset growth, with assets increasing from $829,239 in 2015 to $2,086,591 in 2024, indicating financial health.
- Efficient operations, consistently operating near break-even, suggesting resources are directly deployed to mission.
- No reported officer compensation, indicating a potential commitment to directing funds away from executive salaries and towards programs.
Frequently Asked Questions about Hearing Evaluation Services Of Buffalo Inc
Is Hearing Evaluation Services Of Buffalo Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Hearing Evaluation Services Of Buffalo Inc (EIN: 161164250) some concerns. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
How does Hearing Evaluation Services Of Buffalo Inc spend its money?
Hearing Evaluation Services Of Buffalo Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Hearing Evaluation Services Of Buffalo Inc tax-deductible?
Hearing Evaluation Services Of Buffalo Inc is registered as a tax-exempt nonprofit (EIN: 161164250). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Hearing Evaluation Services Of Buffalo Inc manage to operate without reported officer compensation?
The consistent reporting of 0% officer compensation across all filings is highly unusual for an organization of this scale. It suggests either a fully volunteer-led executive team or that executive compensation is categorized differently within the expense structure, which would require a deeper dive into the full IRS 990 forms for clarification.
What is the specific breakdown of program, administrative, and fundraising expenses?
The provided summary data does not offer a detailed breakdown of program, administrative, and fundraising expenses. However, the organization's near break-even operations (e.g., $7,404,942 revenue vs. $7,394,949 expenses in 2024) and zero reported officer compensation suggest a high proportion of spending is directed towards programs.
Is the organization financially stable given its near break-even operations?
Yes, despite operating near break-even, the organization appears financially stable. Its assets have consistently grown from $829,239 in 2015 to $2,086,591 in 2024, outpacing liabilities. This indicates a healthy balance sheet and an ability to cover its obligations.
Filing History
IRS 990 filing history for Hearing Evaluation Services Of Buffalo Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Hearing Evaluation Services Of Buffalo Inc's revenue has grown by 275.5%, moving from $2.0M to $7.4M. Total assets increased by 312.7% over the same period, from $506K to $2.1M. Total functional expenses rose by 290.7%, from $1.9M to $7.4M. In its most recent filing year (2024), Hearing Evaluation Services Of Buffalo Inc reported a surplus of $10K, with revenue exceeding expenses. The organization holds $1.2M in liabilities against $2.1M in assets (debt-to-asset ratio: 55.3%), resulting in net assets of $932K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $7.4M | $7.4M | $2.1M | $1.2M | — | View 990 |
| 2023 | $6.0M | $6.0M | $2.0M | $1.1M | — | View 990 |
| 2022 | $5.4M | $5.4M | $1.8M | $872K | — | View 990 |
| 2021 | $5.0M | $4.7M | $1.9M | $1.0M | — | View 990 |
| 2020 | $3.7M | $3.9M | $1.2M | $884K | — | View 990 |
| 2019 | $4.1M | $4.1M | $1.0M | $586K | — | View 990 |
| 2018 | $3.9M | $3.9M | $971K | $559K | — | View 990 |
| 2017 | $3.7M | $3.7M | $857K | $427K | — | View 990 |
| 2016 | $3.5M | $3.6M | $833K | $416K | — | View 990 |
| 2015 | $3.1M | $3.1M | $829K | $401K | — | View 990 |
| 2014 | $2.8M | $2.8M | $678K | $315K | — | View 990 |
| 2013 | $2.4M | $2.5M | $539K | $167K | — | View 990 |
| 2012 | $2.3M | $2.2M | $492K | $103K | — | View 990 |
| 2011 | $2.0M | $1.9M | $506K | $160K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $7.4M, expenses of $7.4M, and assets of $2.1M (revenue +23.1% year-over-year).
- 2023: Revenue of $6.0M, expenses of $6.0M, and assets of $2.0M (revenue +12.0% year-over-year).
- 2022: Revenue of $5.4M, expenses of $5.4M, and assets of $1.8M (revenue +6.4% year-over-year).
- 2021: Revenue of $5.0M, expenses of $4.7M, and assets of $1.9M (revenue +35.8% year-over-year).
- 2020: Revenue of $3.7M, expenses of $3.9M, and assets of $1.2M (revenue -9.9% year-over-year).
- 2019: Revenue of $4.1M, expenses of $4.1M, and assets of $1.0M (revenue +6.2% year-over-year).
- 2018: Revenue of $3.9M, expenses of $3.9M, and assets of $971K (revenue +5.8% year-over-year).
- 2017: Revenue of $3.7M, expenses of $3.7M, and assets of $857K (revenue +3.4% year-over-year).
- 2016: Revenue of $3.5M, expenses of $3.6M, and assets of $833K (revenue +12.6% year-over-year).
- 2015: Revenue of $3.1M, expenses of $3.1M, and assets of $829K (revenue +12.5% year-over-year).
- 2014: Revenue of $2.8M, expenses of $2.8M, and assets of $678K (revenue +14.5% year-over-year).
- 2013: Revenue of $2.4M, expenses of $2.5M, and assets of $539K (revenue +8.1% year-over-year).
- 2012: Revenue of $2.3M, expenses of $2.2M, and assets of $492K (revenue +14.7% year-over-year).
- 2011: Revenue of $2.0M, expenses of $1.9M, and assets of $506K.
Data Sources and Methodology
This transparency report for Hearing Evaluation Services Of Buffalo 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.