HEAR ME NOW INC

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1999

Legal Domicile

Principal Officer

RICHARD O'MEARA

Phone

2077817199

Tax Period

2022-07-01 to 2023-06-30

HEAR ME NOW INC, founded in 1999, is a small nonprofit in the Human Services sector that reported $153K in total revenue in fiscal year 2022. Revenue fell 76% from the prior year — a significant decline worth monitoring. Expenses of $537K exceeded revenue, resulting in a 252% operating deficit.

Mission

HEAR ME NOW! NOW SUPPORTS AND ADVOCATES FOR THE FAMILIES OF CHILDREN WHO ARE DEAF OR HARD OF HEARING WHO CHOOSE LISTENING AND SPOKEN LANGUAGE, AND FOR THEIR SPEECH THERAPISTS AND TEACHERS WHO PROVIDE PROFESSIONAL SERVICES TO THEM. FOR MORE THAN 20 YEARS, HEAR ME NOW HAS MADE IT OUR MISSION TO EMPOWER PEOPLE WITH HEARING LOSS ACROSS NORTHERN NEW ENGLAND TO CONNECT, LEARN AND REACH THEIR POTENTIAL THROUGH LISTENING AND SPOKEN LANGUAGE.

Program Service Accomplishments

Program 1

Expenses: $362,325 Revenue: $82,870

HEAR ME NOW! IS A SPECIALTY LISTENING AND SPOKEN LANGUAGE (LSL) PROGRAM, WHICH MEANS THAT WE TEACH CHILDREN WHO ARE DEAF OR HARD OF HEARING, TO LISTEN AND SPEAK. WE ALSO SUPPORT ADULTS WHO LOSE THEIR HEARING LATER IN LIFE TO ACCESS THE FULL POTENTIAL OF LISTENING THROUGH HEARING TECHNOLOGY. CHILDREN AND ADULTS SERVED BY HEAR ME NOW USE COCHLEAR IMPLANTS AND HEARING AIDS TO ACCESS SOUND, AND OUR SPECIALLY TRAINED SPEECH-LANGUAGE PATHOLOGISTS HELP THEM DEVELOP LISTENING AND SPOKEN LANGUAGE SKILLS TO MAXIMIZE THEIR POTENTIAL.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $72,065

Program Service Revenue $82,870

Investment Income $403

Other Revenue $-2,691

TOTAL REVENUE $152,647

Expense Breakdown

Grants Paid $150,000

Salaries & Benefits $309,931

Fundraising Expenses $44,538

Program Expenses $362,325

Other Expenses $76,749

TOTAL EXPENSES $536,680

Year-over-Year Comparison

	2022	2021	Change
Revenue	$152,647	$647,676	-0.8%
Expenses	$536,680	$352,384	+0.5%
Net Income	$-384,033	$295,292	-2.3%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✗ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✓ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$113,596

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MATTHEW HEARST MD	DIRECTOR	1.00	Director	$0	$0	$0
LYNNE LEWIS CCC-AUD	DIRECTOR	1.00	Director	$0	$0	$0
GREGG NOVICK	DIRECTOR	1.00	Director	$0	$0	$0
KRISTEN PFEIFLE	DIRECTOR	1.00	Director	$0	$0	$0
DEB FEAGANS	SECRETARY	1.00	Officer Director	$0	$0	$0
GREGG LAGERQUIST	PRESIDENT	1.00	Officer Director	$0	$0	$0
RICHARD O'MEARA	TREASURER	1.00	Officer Director	$0	$0	$0
PAMELA RAND DAWSON MED	EXECUTIVE DIRECTOR	40.00	Officer	$109,596	$4,000	$113,596

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$152,647	$536,680	$105,054	$-384,033
2022	$647,676	$352,384	$490,861	$295,292
2021	$457,600	$365,220	$193,914	$92,380
2020	$405,915	$437,019	$185,251	$-31,104
2019	$504,995	$455,905	$143,906	$49,090
2018	$449,394	$439,248	$104,866	$10,146