CENTER FOR HEARING AND COMMUNICATION (EIN 131624127) - Form 990 Financial Analysis & Trantor Score

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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

1910

Legal Domicile

Principal Officer

Laurie Hanin

Phone

9173057700

Tax Period

2023-07-01 to 2024-06-30

CENTER FOR HEARING AND COMMUNICATION, founded in 1910, is a community nonprofit that reported $7.0M in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion.

Mission

Center for Hearing and Communication provides high-quality comprehensive services to empower people affected by hearing loss, deafness or listening challenges.

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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 (2023)

Revenue Breakdown

Contributions & Grants $5,206,182

Program Service Revenue $1,276,943

Investment Income $284,200

Other Revenue $241,414

TOTAL REVENUE $7,008,739

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,927,886

Fundraising Expenses $661,340

Program Expenses $5,559,929

Other Expenses $1,958,533

TOTAL EXPENSES $6,886,419

Year-over-Year Comparison

	2023	2022	Change
Revenue	$7,008,739	$6,275,915	+0.1%
Expenses	$6,886,419	$7,067,756	0.0%
Net Income	$122,320	$-791,841	-1.2%

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

107

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

$552,837

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Nadler Nancy	Deputy Executive Director	35	Officer	$141,780	$37,628	$179,408
Hanin Laurie	Executive Director	35	Officer	$143,500	$5,119	$148,619
Distefano Michele	Director of Audiology	35	Highest	$106,141	$26,165	$132,306
Wax Jeffrey	Director of Emotional Health and Wellness	35	Highest	$112,517	$16,732	$129,249
Perez Tracy	Regional Executive Director	35	Officer	$114,109	$2,232	$116,341
Mihalik Camille	Director of the Shelley and Steven Einhorn Communication Center	35	Highest	$111,981	$4,055	$116,036
Ebanks Erza	Director of Finance	35	Officer	$85,893	$13,491	$99,384
Akins Sibyl-Michelle	Director of Finance	35	Officer	$9,085	$0	$9,085
Shapiro Barbara	Board Member	0.25	Director	$0	$0	$0
Gold James S	Board Member	0.25	Director	$0	$0	$0
Hammerschlag Paul E	Board Member	0.20	Director	$0	$0	$0
Harkavy-Friedman Jill	Board Member	0.35	Director	$0	$0	$0
Itzkoff Donald M	Board Member	0.25	Director	$0	$0	$0
LaBato Joseph R	Board Member	1	Director	$0	$0	$0
McCann Patricia A	Board Member	0.15	Director	$0	$0	$0
Miller Shannah	Board Member	1	Director	$0	$0	$0
Nurnberg Ronald L	Board Member	0.20	Director	$0	$0	$0
Ricker Gary D	Board Member	0.15	Director	$0	$0	$0
Romoff Arlene	Board Member	0.25	Director	$0	$0	$0
Rosenthal Helene	Board Member	0.75	Director	$0	$0	$0
Schwartz Yaron	Board Member	0.10	Director	$0	$0	$0
Schwerin Kathryn A	Board Member	0.25	Director	$0	$0	$0
Scopaz John M	Board Member	1	Director	$0	$0	$0
Magid Jamie	Board Member	0.30	Director	$0	$0	$0
Lambert Daily	Board Member	0.30	Director	$0	$0	$0
Ed Wentzheimer	Board Member	0.20	Director	$0	$0	$0
Victoria Orlin	Board Member	0.30	Director	$0	$0	$0
Bogdanoff Baker Heather J	President	2	Officer Director	$0	$0	$0
Adasko Lee	Treasurer	1	Officer Director	$0	$0	$0
Peikin Steven R	Executive Vice President	0.30	Officer Director	$0	$0	$0
Berelson Ellen S	Officer	0.30	Officer Director	$0	$0	$0
Cohen Jeffrey M	Vice President	1	Officer Director	$0	$0	$0
Felder Barry G	Board Member	0.30	Director	$0	$0	$0
Popick Glen L	Recording Secretary	0.20	Officer Director	$0	$0	$0
Pedro Escudero	Officer	0.25	Officer Director	$0	$0	$0
Lamberth Victoria	Board Member	0.25	Director	$0	$0	$0
Winkler Charles	Board Member	0.25	Director	$0	$0	$0
Albanese Christopher V	Board Member	0.15	Director	$0	$0	$0
Edelman Susan	Board Member	1	Director	$0	$0	$0
Helfstein Stacy	Board Member	0.20	Director	$0	$0	$0
Wee Sharon	Board Member	0.15	Director	$0	$0	$0

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	No data	No data	No data	No data
2024	$7,008,739	$6,886,419	$14,201,869	$122,320
2023	$6,275,915	$7,067,756	$14,552,858	$-791,841
2022	$6,190,696	$6,277,430	$6,565,766	$-86,734
2021	$6,732,330	$6,056,411	$7,366,973	$675,919
2020	$5,943,447	$6,133,531	$6,600,866	$-190,084
2019	$6,025,903	$6,089,699	$6,538,009	$-63,796
2018	$5,711,822	$5,758,076	$6,662,841	$-46,254

CENTER FOR HEARING AND COMMUNICATION