Overview
What is The House Institute Foundation?
The House Institute Foundation is a nonprofit organization dedicated to conducting clinical and translational research, supporting education, and promoting humanitarian activities, as identified by The House Clinic physicians. Following the pandemic, they constructed new office space and are currently focusing on launching initiatives in the fields of ear and neuroscience research, education, and global hearing health. Their mission encompasses improving hearing for all, ensuring that their work extends beyond their local community.
Official website here: www.hifla.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90% (Four-Star out of Four Star rating)
The House Institute Foundation has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and finance. With an overall score of 90%, the organization demonstrates high standards in governance practices and financial management. Notably, it has a fully independent board and adheres to rigorous oversight measures, ensuring transparency and integrity in its operations.
The organization excels in several key areas, including maintaining a low ratio of liabilities to assets at 24.69% and outstanding fundraising efficiency, requiring only $0.18 to raise a dollar. Its policies on conflict of interest and whistleblower protections are well-documented, contributing to a sound governance framework. The financial statements are regularly audited, which further reinforces stakeholder trust.
One area for improvement is the program expense ratio, which stands at 57.88%, indicating that a smaller percentage of funds are directed towards programmatic activities compared to fundraising and administrative costs. While this score is not uncommon among nonprofits, increasing the allocation towards direct impact could enhance the organization’s effectiveness in fulfilling its mission. Overall, the House Institute Foundation is well-regarded for its financial stewardship and governance practices.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about The House Institute Foundation?
88% of 68 reviewers on Facebook recommend The House Institute Foundation. Here is a summary of their reviews:
Many users express appreciation for the organization’s efficiency and the kindness of the staff. One reviewer specifically mentioned how fast the service was and emphasized the positive demeanor of the team, indicating a supportive environment for patients.
Overall, the sentiment surrounding the foundation is favorable, as it seems to deliver quality care and attentive service to those who seek help. This positive experience encourages a strong willingness among users to return for follow-up appointments.
This AI summary has been generated from reviews found on Facebook.
Is The House Institute Foundation legitimate?
The House Institute Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The House Institute Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $252,066
Professional Fundraising Fees: $0
Other Salaries and Wages: $832,436
For more financial information, click here
Official website here: www.hifla.org
What is the mission statement of The House Institute Foundation?
The House Institute Foundation's mission is multifaceted, primarily focusing on three key areas. It aims to advance ear and neuroscience research, promote education in this field, and contribute to global hearing health. The organization also supports teaching, education, research, and humanitarian activities, identifying the need for these initiatives based on the expertise of The House Clinic physicians. Recently, they have expanded their operations by constructing new office space and are actively working on launching new programs in ear and neuroscience research and education, with an emphasis on global hearing health.
Official website here: www.hifla.org
Who is the CEO of The House Institute Foundation?
William H Slattery Md is the Chair of The House Institute Foundation.
Official website here: www.hifla.org
What is the revenue of The House Institute Foundation?
The House Institute Foundation's revenue in 2022 was $1,568,325.
Official website here: www.hifla.org
Who are the executives of The House Institute Foundation and what are their salaries?
The average compensation at The House Institute Foundation during 2022 was $72,300. There are 15 employees and 6 volunteers at The House Institute Foundation.
Here are 7 key members and their salaries:
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- Related: $229,385
- Other: $22,681
Official website here: www.hifla.org
Where can I find the form 990 for The House Institute Foundation?
The House Institute Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hifla.org
Learn more at the official website: www.hifla.org
Mission Statement of The House Institute Foundation
The House Institute Foundation is dedicated to advancing the field of ear and neuroscience research, while also promoting education and global hearing health. With a threefold mission, this organization conducts clinical and translational research, supports teaching and education, and engages in humanitarian activities identified by The House Clinic physicians. Their ultimate goal is to ensure that everyone has the opportunity to hear, contributing to improved overall well-being. Recently, The House Institute Foundation has constructed new office space and is actively working towards the launch of a new pediatric audiology clinic, furthering their commitment to innovative research and improved hearing health.
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Impact
July, 2024
The House Institute Foundation's impact is significant in advancing ear and neuroscience research, education, and global hearing health. Through conducting clinical and translational research, supporting teaching initiatives, and engaging in humanitarian activities identified by The House Clinic physicians, the organization is at the forefront of promoting advancements in these critical areas. Additionally, with a recent focus on building new office space post-pandemic and launching a new pediatric audiology clinic, The House Institute Foundation demonstrates a commitment to expanding its reach and services to benefit individuals in need of hearing-related support. Their programs encompass education, research, and global hearing health, making a tangible difference in the lives of those impacted by hearing impairments and related conditions.
This information is meant to be a general summary of The House Institute Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $155,674
- Program Service Revenue: $4,980
- Gross Receipts: $1,568,325
Assets and Liabilities:
- Total Assets: $6,887,696
- Total Liabilities: $314,413
- Net Assets: $6,573,283
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE FEES
Revenue
$4,980
Organization Details
Founding Year
2014
Phone
(213) 770-2187Principal Officer
William H Slattery Md
Main Address
1127 WILSHIRE BLVD SUITE 1620, LOS ANGELES, CA, 90017
Website
www.hifla.orgNTEE Category
Code: H90 - Medical research
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