Hear Center

EIN: 952017214 501(c)(3) Health Care

Pasadena, CA

Total Revenue
$590,231
Total Expenses
$823,630
Total Assets
$1,726,565
Net Assets
$947,854
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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
1954
Legal Domicile
CA
Principal Officer
Ellen Simon
Phone
6267962016
Tax Period
2023-07-01 to 2024-06-30

Hear Center, founded in 1954, is a small nonprofit in the Health Care sector that reported $590K in total revenue in fiscal year 2023. Revenue fell 28% from the prior year — a significant decline worth monitoring. Expenses of $824K exceeded revenue, resulting in a 40% operating deficit.

Mission

Hear Center, a nonprofit organization since 1954, offers complete and affordable hearing and speech services, and is dedicated to helping people of all stages of life be a part of the hearing speaking world.

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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 (2023)

Revenue Breakdown

Contributions & Grants $148,532
Program Service Revenue $405,515
Investment Income $36,184
Other Revenue $0
TOTAL REVENUE $590,231

Expense Breakdown

Grants Paid $0
Salaries & Benefits $563,645
Fundraising Expenses $69,477
Program Expenses $613,274
Other Expenses $259,985
TOTAL EXPENSES $823,630

Year-over-Year Comparison

2023 2022 Change
Revenue $590,231 $822,091 -0.3%
Expenses $823,630 $867,644 -0.1%
Net Income $-233,399 $-45,553 +4.1%
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

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
14
Independent Members
13
Employees
17
Volunteers
13

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
4
$100,392
Total Directors
14
$100,392
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Armida Baylon President 4.00
Officer Director
$0 $0 $0
Marilou Ladines Vice President 2.00
Officer Director
$0 $0 $0
James Miles Treasurer 2.00
Officer Director
$0 $0 $0
Ellen Simon Secretary/Exec. Director 40.00
Officer Director
$100,392 $0 $100,392
Chizobam Ani Board Member 1.00
Director
$0 $0 $0
James D Fraser Board Member 1.00
Director
$0 $0 $0
Taylor James Board Member 1.00
Director
$0 $0 $0
Damaris Gonzalez Board Member 1.00
Director
$0 $0 $0
Kirk Marangi Board Member 1.00
Director
$0 $0 $0
Allen Perry Board Member 1.00
Director
$0 $0 $0
Regina Perry Board Member 1.00
Director
$0 $0 $0
Tony Paredes Board Member 1.00
Director
$0 $0 $0
Kacey Riley Board Member 1.00
Director
$0 $0 $0
Robert Silverman Board Member 1.00
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 $590,231 $823,630 $1,726,565 $-233,399
2023 $822,091 $867,644 $1,926,308 $-45,553
2022 $1,289,908 $867,799 $1,915,691 $422,109
2021 $929,096 $862,232 $2,006,164 $66,864
2020 $789,981 $819,692 $1,626,315 $-29,711
2019 $784,491 $917,780 $1,492,824 $-133,289
2018 $835,980 $928,080 $1,553,039 $-92,100
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