Childrens Hearing Institute Inc
- Assets
- $913.1k
- Revenue
- $104.1k
- Investments
- $0.0
- Employees
- 1
- Location
- New York, NY
- Founding
- 09/1995
- Data as of
- 04/2023
- EIN
- 13-3794212
Organization Overview
Childrens Hearing Institute Inc is located in New York, NY. The organization was established in 1995. According to its NTEE Classification (G12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Childrens Hearing Institute Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 04/2023, Childrens Hearing Institute Inc generated $104.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (16.6%) each year. All expenses for the organization totaled $262.7k during the year ending 04/2023. As we would expect to see with falling revenues, expenses have declined by (9.1%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Childrens Hearing Institute Inc has awarded 24 individual grants totaling $439,809. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE CHILDREN'S HEARING INSTITUTE, INC. WAS ESTABLISHED TO FUND RESEARCH AND PROGRAMS THAT IMPROVE THE QUALITY OF LIFE OF HEARING-IMPAIRED CHILDREN AND ADULTS THROUGH RESEARCH, REHABILITATION, AND EDUCATION. ITS MULTIFACETED PROGRAMS HELP BRING TOGETHER THE SKILLS OF PHYSICIANS, BASIC RESEARCHERS, EDUCATORS OF THE DEAF, AUDIOLOGISTS, AND SPEECH/LANGUAGE PATHOLOGISTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CHILDREN'S HEARING INSTITUTE, INC.'S MULTIFACETED PROGRAMS HELP BRING TOGETHER THE SKILLS OF PHYSICIANS, BASIC RESEARCHERS, EDUCATORS OF THE DEAF, AUDIOLOGISTS, AND SPEECH/LANGUAGE PATHOLOGISTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Leonard Boxer Chairman Emeritus | OfficerTrustee | 1 | $0 |
Simon C Parisier MD President/founder | OfficerTrustee | 1 | $0 |
Elaine S Parisier Founder, Secretary | OfficerTrustee | 1 | $0 |
Dennis Basso Board Member | Trustee | 1 | $0 |
Peter A Cohen Board Member | Trustee | 1 | $0 |
Frank C Ginsberg Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $64,618 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $64,618 |
| Total Program Service Revenue | $39,465 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $104,083 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $60,370 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $131,307 |
| Compensation of current officers, directors, key employees. | $26,261 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $798 |
| Payroll taxes | $10,414 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,399 |
| Advertising and promotion | $1,040 |
| Office expenses | $2,436 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,071 |
| Insurance | $823 |
| All other expenses | $0 |
| Total functional expenses | $262,687 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $80,815 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $829,712 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $2,534 |
| Other assets | $0 |
| Total assets | $913,061 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $913,061 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $913,061 |
Grants Awarded
Over the last fiscal year, Childrens Hearing Institute Inc has awarded $48,500 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
CAMPED UP PURPOSE: GRANT FOR CAMP IN A BOX - FALL CAMP | $5,000 |
CENTER FOR HEARING COMMUNICATIONS PURPOSE: TO FUND SCIENTIFIC RESEARCH INTO HEARING LOSS IN PEIATRICS. | $5,000 |
CLARKE SCHOOL FOR THE DEAF PURPOSE: SUPPORT FOR HEARING LOSS PROGRAMS FOR CHILDREN | $15,000 |
NEW YORK EYE & EAR INFIRMARY PURPOSE: SUPPORT FOR HEARING LOSS PROGRAMS FOR CHILDREN | $5,000 |
SUMMIT SPEECH SCHOOL PURPOSE: SUPPORT FOR HEARING LOSS PROGRAMS FOR CHILDREN | $8,500 |
AUDITORY ORAL SCHOOL OF NY PURPOSE: SUPPORT FOR HEARING LOSS PROGRAMS FOR CHILDREN | $10,000 |