Education
(B28Z)
IRS Verified
DX Registered
990 on File
FOUNDATION FOR HEARING RESEARCH INC
Financial strength (30%)
71/100
Reliability (20%)
55/100
Effectiveness (25%)
97/100
Impact (25%)
65/100
CharityAI™ Score
Not yet evaluated
Mission Statement
Our mission is: Transform lives of children who are deaf or hard of hearing, teaching them to listen, speak and learn through: • proven spoken language and cognitive development curriculum • family-centered education • innovative technology
Financial Overview — FY 2024
$4.2M
Total Revenue
$3.8M
Total Expenses
N/A
Net Assets
43
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
N/A
Fundraising Efficiency
42.2%
Operating Reserve
N/A
Liability-to-Asset
5.8%
Revenue Diversification
N/A
Executive Compensation
$238K
Compared with Peers
FY 2023
Compared with 11,226 similar organizations
(United States, Education, $1M–$10M in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
85.1% | 84.5% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
5.4% | 13.0% |
P10P90
|
Top quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
9.5% | 0.0% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
395.4% | 64.5% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
32.8 mo | 8.6 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
6.6% | 23.0% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
56.5% | 90.7% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
-64.4% | 7.5% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
11.8% | 11.6% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-18.2% | 3.2% |
P10P90
|
Impact
1 program| Outcome / Program | People Served | Cost / Service | # Completed | Duration |
|---|---|---|---|---|
| Transform lives of children who are deaf or hard of hearing, teaching them to listen speak and learn | 100 | $158.00 | — | Lifetime |
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $4.2M | $3.8M | N/A | — | 43 |
| 2023 | $2.8M | $3.3M | $9.1M | 85.1% | 35 |
| 2022 | $7.9M | $3.0M | $9.4M | 87.7% | 37 |
| 2021 | $6.1M | $2.7M | N/A | — | 35 |
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