THE CHILDREN'S HEARING INSTITUTE INC

EIN: 133794212 501(c)(3) Diseases & Disorders

NEW YORK, NY

Total Revenue
$38,851
Total Expenses
$33,362
Total Assets
$857,979
Net Assets
$857,979
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1994
Legal Domicile
NY
Principal Officer
MELISSA WILLIS
Phone
2122576138
Tax Period
2024-05-01 to 2025-04-30

THE CHILDREN'S HEARING INSTITUTE INC, founded in 1994, is a micro nonprofit in the Diseases & Disorders sector that reported $39K in total revenue in fiscal year 2024. Revenue surged 109% from the prior year, signaling strong growth momentum. Expenses of $33K left a modest 14% surplus.

Mission

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.

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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 $38,851
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $38,851

Expense Breakdown

Grants Paid $18,000
Salaries & Benefits $3,000
Fundraising Expenses $0
Program Expenses $18,000
Other Expenses $12,362
TOTAL EXPENSES $33,362

Year-over-Year Comparison

2024 2023 Change
Revenue $38,851 $18,571 +1.1%
Expenses $33,362 $123,812 -0.7%
Net Income $5,489 $-105,241 -1.1%
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

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Liquidity & Cash Position

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Governance

Voting Members
14
Independent Members
14
Employees
1
Volunteers
N/A

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
5
$3,000
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LEONARD BOXER CHAIRMAN EMERITUS 1.00
Director
$0 $0 $0
SIMON C PARISIER MD PRESIDENT/FOUNDER 1.00
Officer Director
$0 $0 $0
ELAINE S PARISIER FOUNDER, SECRETARY 1.00
Officer Director
$0 $0 $0
DENNIS BASSO BOARD MEMBER 1.00
Director
$0 $0 $0
PETER A COHEN BOARD MEMBER 1.00
Director
$0 $0 $0
FRANK C GINSBERG BOARD MEMBER 1.00
Director
$0 $0 $0
PENNY P GLAZIER BOARD MEMBER 1.00
Director
$0 $0 $0
ARTHUR I INDURSKY BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN T MAGLIOCCO BOARD MEMBER 1.00
Director
$0 $0 $0
MARIA HARTMAN PHD BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL MCMULLAN BOARD MEMBER 1.00
Director
$0 $0 $0
JASON T BOXER BOARD MEMBER 1.00
Director
$0 $0 $0
DANIELLE LARSEN BOARD MEMBER 1.00
Director
$0 $0 $0
STEPHEN J PALUSZEK TREASURER 1.00
Officer Director
$0 $0 $0
LISA C VASANTH MD CHAIRMAN 1.00
Officer Director
$0 $0 $0
MELISSA WILLIS EXECUTIVE DIRECTOR 10.00
Officer
$3,000 $0 $3,000
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 $38,851 $33,362 $857,979 $5,489
2024 $18,571 $123,812 $826,012 $-105,241
2023 $104,083 $262,687 $913,061 $-158,604
2022 $120,776 $268,920 $1,051,249 $-148,144
2021 $123,590 $276,173 $1,204,319 $-152,583
2020 $151,536 $285,952 $1,381,851 $-134,416
2019 $489,875 $639,738 $1,442,647 $-149,863
2018 $267,827 $569,701 $1,784,827 $-301,874
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