Pasadena, CA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)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.
HEAR Center (the "Center") is a non-profit public benefit corporation dedicated to helping people at all stages of life be a part of the hearing and speaking world. The Center believes communication through speech and hearing is a vital ability that connects and empowers individuals - dramatically enhancing quality of life and opening doors to the world at large. Founded on the premise that everyone should have access to state-of-the-art and affordable care. Committed to serving as a center of excellence and compassion, the Center provides low or no-cost services for those who need them and is the only organization in Los Angeles County that goes out into the community to provide free specialized hearing and speech screenings.
HEAR Center is a nonprofit hearing and speech clinic. We offer complete diagnostic audiological services, hearing aid dispensing, speech and language evaluations and therapy.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 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% |
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
Sign In| 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 |
| 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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