National Board For Certification In Hearing Instruments Sciences
EIN: 860468666 · Farmington, MI
| Metric | Value |
|---|---|
| Total Revenue | $674K |
| Total Expenses | $710K |
| Net Assets | $741K |
Is National Board For Certification In Hearing Instruments Sciences Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About National Board For Certification In Hearing Instruments Sciences
National Board For Certification In Hearing Instruments Sciences (EIN: 860468666) is a nonprofit organization based in Farmington, MI. The organization reported total revenue of $674K and total assets of $804K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of National Board For Certification In Hearing Instruments Sciences's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
National Board For Certification In Hearing Instruments Sciences is a small nonprofit that has been operating for 39 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $664K |
| Total Expenses | $710K |
| Surplus / Deficit | $-46,487 |
| Total Assets | $752K |
| Total Liabilities | $10K |
| Net Assets | $741K |
| Operating Margin | -7.0% |
| Debt-to-Asset Ratio | 1.4% |
| Months of Reserves | 12.7 months |
Financial Health Grade: B
In 2023, National Board For Certification In Hearing Instruments Sciences reported a deficit of $46K with expenses exceeding revenue, holds 12.7 months of operating reserves (strong position), has a debt-to-asset ratio of 1.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), National Board For Certification In Hearing Instruments Sciences's revenue has grown at a compound annual growth rate (CAGR) of 4.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.1% | +16.8% | -4.5% |
| 2022 | +0.0% | +3.1% | +6.0% |
| 2021 | +22.7% | +15.4% | +18.4% |
| 2020 | -10.2% | -16.4% | +5.8% |
| 2019 | -5.2% | +12.1% | +10.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for National Board For Certification In Hearing Instruments Sciences 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 National Board For Certification In Hearing Instruments Sciences 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 deficit of $46K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.4%.
Frequently Asked Questions about National Board For Certification In Hearing Instruments Sciences
Is National Board For Certification In Hearing Instruments Sciences a legitimate charity?
Based on AI analysis of IRS 990 filings, National Board For Certification In Hearing Instruments Sciences (EIN: 860468666) insufficient data. 0 red flags identified, 0 strengths noted.
How does National Board For Certification In Hearing Instruments Sciences spend its money?
Detailed spending breakdown data is not yet available for National Board For Certification In Hearing Instruments Sciences. Check back for updated IRS 990 analysis.
Are donations to National Board For Certification In Hearing Instruments Sciences tax-deductible?
National Board For Certification In Hearing Instruments Sciences is registered as a tax-exempt nonprofit (EIN: 860468666). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is National Board For Certification In Hearing Instruments Sciences located?
National Board For Certification In Hearing Instruments Sciences is headquartered in Farmington, Michigan and files with the IRS under EIN 860468666.
How many years of IRS 990 filings does National Board For Certification In Hearing Instruments Sciences have?
National Board For Certification In Hearing Instruments Sciences 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. The most recent filing shows $674K in total revenue.
Filing History
IRS 990 filing history for National Board For Certification In Hearing Instruments Sciences showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), National Board For Certification In Hearing Instruments Sciences's revenue has grown by 72.8%, moving from $384K to $664K. Total assets increased by 15.3% over the same period, from $652K to $752K. Total functional expenses rose by 113.5%, from $333K to $710K. In its most recent filing year (2023), National Board For Certification In Hearing Instruments Sciences reported a deficit of $46K, with expenses exceeding revenue. The organization holds $10K in liabilities against $752K in assets (debt-to-asset ratio: 1.4%), resulting in net assets of $741K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $664K | $710K | $752K | $10K | — | — |
| 2022 | $672K | $608K | $787K | $348 | — | — |
| 2021 | $672K | $590K | $743K | $7K | — | View 990 |
| 2020 | $547K | $511K | $627K | $4K | — | — |
| 2019 | $610K | $611K | $593K | $6K | — | View 990 |
| 2018 | $643K | $546K | $536K | $237 | — | View 990 |
| 2017 | $614K | $693K | $452K | $13K | — | View 990 |
| 2016 | $573K | $702K | $519K | $2K | — | View 990 |
| 2015 | $617K | $600K | $647K | $706 | — | View 990 |
| 2014 | $610K | $557K | $629K | $45 | — | View 990 |
| 2013 | $632K | $617K | $577K | $608 | — | View 990 |
| 2012 | $540K | $630K | $561K | $0 | — | View 990 |
| 2011 | $384K | $333K | $652K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $664K, expenses of $710K, and assets of $752K (revenue -1.1% year-over-year).
- 2022: Revenue of $672K, expenses of $608K, and assets of $787K (revenue +0.0% year-over-year).
- 2021: Revenue of $672K, expenses of $590K, and assets of $743K (revenue +22.7% year-over-year).
- 2020: Revenue of $547K, expenses of $511K, and assets of $627K (revenue -10.2% year-over-year).
- 2019: Revenue of $610K, expenses of $611K, and assets of $593K (revenue -5.2% year-over-year).
- 2018: Revenue of $643K, expenses of $546K, and assets of $536K (revenue +4.7% year-over-year).
- 2017: Revenue of $614K, expenses of $693K, and assets of $452K (revenue +7.2% year-over-year).
- 2016: Revenue of $573K, expenses of $702K, and assets of $519K (revenue -7.1% year-over-year).
- 2015: Revenue of $617K, expenses of $600K, and assets of $647K (revenue +1.1% year-over-year).
- 2014: Revenue of $610K, expenses of $557K, and assets of $629K (revenue -3.4% year-over-year).
- 2013: Revenue of $632K, expenses of $617K, and assets of $577K (revenue +17.1% year-over-year).
- 2012: Revenue of $540K, expenses of $630K, and assets of $561K (revenue +40.4% year-over-year).
- 2011: Revenue of $384K, expenses of $333K, and assets of $652K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for National Board For Certification In Hearing Instruments Sciences:
Data Sources and Methodology
This transparency report for National Board For Certification In Hearing Instruments Sciences 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.