LET THEM HEAR FOUNDATION

EIN: 020630432 501(c)(3)

PORTOLA VALLEY, CA

Total Revenue
$33,220
Total Expenses
$97,251
Total Assets
N/A
Net Assets
N/A
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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
2003
Legal Domicile
CA
Principal Officer
JOSEPH B ROBERSON JR
Phone
6504941000
Tax Period
2024-07-01 to 2025-06-30

LET THEM HEAR FOUNDATION, founded in 2003, is a micro nonprofit that reported $33K in total revenue in fiscal year 2024. Revenue decreased 19% compared to the prior year. Expenses of $97K exceeded revenue, resulting in a 193% operating deficit.

Mission

PROVIDE MEDICAL SERVICES & EDUCATION ON HEARING LOSS TO INDIVIDUALS AND THEIR FAMILIES.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $10,250
Program Service Revenue $0
Investment Income $22,970
Other Revenue $0
TOTAL REVENUE $33,220

Expense Breakdown

Grants Paid $0
Salaries & Benefits $38,268
Fundraising Expenses $0
Program Expenses $48,625
Other Expenses $58,983
TOTAL EXPENSES $97,251

Year-over-Year Comparison

2024 2023 Change
Revenue $33,220 $40,967 -0.2%
Expenses $97,251 $67,397 +0.4%
Net Income $-64,031 $-26,430 +1.4%
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

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
8

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
1
$260,000
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOSEPH B ROBERSON JR CEO AND BOARD CHAIR 3.00
Officer
$0 $0 $260,000
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
2025 $33,220 $97,251 No data $-64,031
2024 $40,967 $67,397 $1,392,584 $-26,430
2023 $66,818 $67,929 $1,225,754 $-1,111
2022 $68,778 $98,427 $1,117,697 $-29,649
2021 $61,107 $94,713 $1,315,818 $-33,606
2020 $84,885 $76,864 $1,136,667 $8,021
2019 $123,222 $79,862 $1,123,507 $43,360
2019 $109,726 $79,862 $1,110,011 $29,864
2018 $130,005 $77,034 $1,136,068 $52,971
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