Hear Indiana Inc
- Assets
- $4.5m
- Revenue
- $2.1m
- Investments
- $490.1k
- Employees
- 16
- Location
- Indianapolis, IN
- Founding
- 05/1979
- Data as of
- 12/2021
- EIN
- 31-0921774
Organization Overview
Hear Indiana Inc is located in Indianapolis, IN. The organization was established in 1979. According to its NTEE Classification (P30) the organization is classified as: Children & Youth Services, under the broad grouping of Human Services and related organizations. As of 12/2021, Hear Indiana Inc employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hear Indiana 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 12/2021, Hear Indiana Inc generated $2.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 34.9% each year . All expenses for the organization totaled $1.7m during the year ending 12/2021. While expenses have increased by 15.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
HEAR INDIANA CREATES EQUAL OPPORTUNITIES FOR CHILDREN WITH HEARING LOSS THROUGH LISTENING AND SPOKEN LANGUAGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HEARING AID ASSISTANCE PROGRAM OF INDIANA (HAAPI) - HEAR INDIANA WAS AWARDED THE ADMINISTRATION OF THE HAAPI BY THE INDIANA STATE DEPARTMENT OF HEALTH AND THE CENTER FOR DEAF AND HARD OF HEARING EDUCATION. UNDER THE PROGRAM, INDIVIDUALS FROM AGES 3 TO 21 WITH HEARING LOSS MAY BE ELIGIBLE TO APPLY FOR FINANCIAL ASSISTANCE IN OBTAINING APPROVED HEARING AIDS.
SPEECH AND HEARING RESOURCE CENTER (SHRC) - IN PARTNERSHIP WITH EASTER SEALS CROSSROADS, HEAR INDIANA OPERATES THE SHRC, A STATE OF THE ART FACILITY TO MEET THE NEEDS OF HOOSIER CHILDREN WITH HEARING LOSS AND THEIR FAMILIES. THE SHRC IS A ONE STOP SHOP WHICH OFFERS PEDIATRIC AUDIOLOGY SERVICES, LISTENING AND SPOKEN LANGUAGE THERAPY, PARENT ENCOURAGEMENT AND CARE COORDINATION, CONSULTATIVE SERVICES TO LOCAL EDUCATION AGENCIES, A RESOURCE LIBRARY AND MORE.
CAMP - HELD AS A WEEK-LONG RESIDENTIAL CAMP FOR YOUTH AGES 8-18 WHO WEAR HEARING AIDS OR COCHLEAR IMPLANTS BUT ATTEND MAINSTREAM SCHOOLS. THE CAMP IS AN OPPORTUNITY TO MAKE NEW FRIENDS WITH CHILDREN WHO SHARE SIMILAR LIFE EXPERIENCES. THIS CAMP GIVES CHILDREN AND TEENAGERS WITH HEARING LOSS THE OPPORTUNITY TO FURTHER THEIR LEADERSHIP AND ASSERTIVENESS SKILLS IN A STRUCTURED ATMOSPHERE.
OTHER PROGRAMS ARE COMPOSED OF LISTENING AND SPOKEN LANGUAGE CONFERENCES AS WELL AS EARLY INTERVENTION AND ADVOCACY, WHICH ASSISTS CLIENT FAMILIES WHO HAVE A CHILD WITH HEARING LOSS IN DEALING WITH SCHOOL ISSUES, MEDICAL ISSUES AND GETTING NECESSARY ASSISTANCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisa Thornton CEO | Officer | 40 | $115,000 |
Tonya Bergeson Secretary | OfficerTrustee | 2 | $0 |
Todd Hargreaves Treasurer | OfficerTrustee | 1 | $0 |
Damon Strickland President | OfficerTrustee | 2 | $0 |
Justin Allen Vice Preside | OfficerTrustee | 2 | $0 |
Mark Droese Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $129,288 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,217,468 |
| Noncash contributions included in lines 1a–1f | $43,020 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,346,756 |
| Total Program Service Revenue | $676,640 |
| Investment income | $99,706 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $91,706 |
| Net Income from Fundraising Events | -$85,854 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,142,643 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $115,000 |
| Compensation of current officers, directors, key employees. | $9,481 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $617,292 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $30,593 |
| Payroll taxes | $58,918 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,204 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $9,878 |
| Fees for services: Other | $186,303 |
| Advertising and promotion | $51,721 |
| Office expenses | $30,278 |
| Information technology | $34,338 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,759 |
| 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 | $15,245 |
| Insurance | $11,884 |
| All other expenses | $6,380 |
| Total functional expenses | $1,706,844 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $410,577 |
| Savings and temporary cash investments | $283,610 |
| Pledges and grants receivable | $598,764 |
| Accounts receivable, net | $105,936 |
| 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 | $7,324 |
| Net Land, buildings, and equipment | $40,052 |
| Investments—publicly traded securities | $2,562,145 |
| Investments—other securities | $490,143 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,498,551 |
| Accounts payable and accrued expenses | $166,227 |
| Grants payable | $0 |
| Deferred revenue | $12,813 |
| 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 | $179,040 |
| Net assets without donor restrictions | $803,956 |
| Net assets with donor restrictions | $3,515,555 |
| 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 | $4,498,551 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Hear Indiana Inc has recieved totaling $142,735.
| Awarding Organization | Amount |
|---|---|
American Endowment Foundation Hudson, OH PURPOSE: HEALTH, GENERAL | $85,000 |
Indiana Telephone Relay Access Corp For The Hearing & Speech Impaired Indianapolis, IN PURPOSE: TECHNOLOGY UPGRADES | $25,000 |
Organization Name not Listed PURPOSE: GENERAL | | $12,000 |
United Way Of Central Indiana Inc Indianapolis, IN PURPOSE: Donor Choice | $7,450 |
Cornelius Family Foundation Inc Zionsville, IN PURPOSE: CHARITABLE | $5,000 |
Nicholas H Noyes Jr Memorial Foundation Inc Carmel, IN PURPOSE: GENERAL OPERATING SUPPORT | $3,000 |
Endowment Analysis
| Beg. Balance | $2,814,474 |
| Earnings | $237,841 |
| Admin Expense | $9,878 |
| Net Contributions | $5,500 |
| Other Expense | -$84,110 |
| Ending Balance | $3,057,788 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Whites Residential And Family Services Inc Wabash, IN | $39,956,832 | $19,808,843 |
Kids Above All Illinois Chicago, IL | $6,170,372 | $14,023,607 |
Catholic Charities Of Louisville Inc Louisville, KY | $10,972,807 | $15,581,081 |
Jackson County Community Childrens Service Fund Kansas City, MO | $22,334,800 | $14,345,673 |
Youth Service Bureau Of Illinois Valley Incorporated Ottawa, IL | $4,153,278 | $14,098,230 |
Gads Hill Center Chicago, IL | $12,791,437 | $15,113,158 |
Lutheran Family And Childrens Services Of Missouri St Louis, MO | $11,391,794 | $13,865,128 |
Ronald Mcdonald House Charities Of Chicagoland And Northwest Indiana Oak Brook, IL | $71,872,336 | $16,625,455 |
Bashor Home Of The United Methodist Church Inc Goshen, IN | $27,636,085 | $16,988,410 |
Night Ministry Chicago, IL | $17,470,779 | $11,762,279 |
Safe Families For Children Alliance Chicago, IL | $3,523,068 | $9,924,305 |
Kemmerer Village Assumption, IL | $56,706,341 | $12,349,244 |