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Ear Research Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 591862386 ✦ Sarasota, FL ✦ Designated as a 501(c)(3)

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Overview

What is Ear Research Foundation Inc?

Ear Research Foundation Inc, situated in Sarasota, Florida, is a nonprofit organization with a strong focus on hearing and balance disorders. They offer educational seminars, workshops, and symposiums to disseminate knowledge about the treatment of ear-related diseases. Their primary mission encompasses education, research, and treatment in the field of auditory and vestibular disorders. The foundation, staffed by five employees, is dedicated to making significant strides in understanding and addressing these conditions.


Official website here: www.earsinus.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81%, Three-Star out of Four Star Rating

The Ear Research Foundation Inc has received a score of 81%, reflecting a solid performance in accountability and finance, which is the sole factor contributing to its overall rating. The organization demonstrates strong governance practices, with 76% of its board members being independent. Additionally, it has a comprehensive set of policies in place, such as conflict of interest and whistleblower policies, which enhance its operational transparency.

However, while the foundation excels in areas like financial oversight and independent governance, its program expense ratio of 57.85% indicates that a smaller portion of its expenses goes directly toward program services compared to its overall expenditures. This could be an area for potential improvement, as higher program expenses typically reflect more direct investment in the charity's mission and initiatives.

Overall, the Ear Research Foundation Inc shows a commendable level of accountability and financial health, but stakeholders may want to consider its program expenditure levels when evaluating its effectiveness in fulfilling its mission.


This AI summary has been generated from information found on Charity Navigator.

Is Ear Research Foundation Inc legitimate?

Ear Research Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ear Research Foundation Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $324,388

For more financial information, click here


Official website here: www.earsinus.org

What is the mission statement of Ear Research Foundation Inc?

The Ear Research Foundation Inc is committed to advancing the education, research, and treatment of hearing and balance disorders. Their mission is reflected in their activities, which involve organizing educational seminars, workshops, and symposiums focused on the treatment of ear and related diseases. The foundation aims to contribute to the field by fostering knowledge and understanding in this area.


Official website here: www.earsinus.org

Who is the CEO of Ear Research Foundation Inc?

Dr Herbert Silverstein is the President/Medical Director of Ear Research Foundation Inc.


Official website here: www.earsinus.org

What is the revenue of Ear Research Foundation Inc?

Ear Research Foundation Inc's revenue in 2021 was $514,357.


Official website here: www.earsinus.org

Who are the executives of Ear Research Foundation Inc and what are their salaries?

The average compensation at Ear Research Foundation Inc during 2021 was $64,878. There are 5 employees at Ear Research Foundation Inc.


Here are 11 key members and their salaries:


Mr Geoffrey Frazier (Board Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Herbert Silverstein (President/Medical Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Seth Rosenberg (Vice President/Director Of)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr T Raymond Suplee (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Jack Wazen (Vice President/Director Of)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Charles Githler Iii (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mrs Eileen Hampshire (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Ty Wilkinson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Kevin Coscia (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Eric Hoonhout (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Neil Nayak (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.earsinus.org

Where can I find the form 990 for Ear Research Foundation Inc?

Ear Research Foundation Inc's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.earsinus.org

Learn more at the official website: www.earsinus.org

Mission Statement of Ear Research Foundation Inc

Ear Research Foundation Inc is dedicated to advancing the field of hearing and balance disorders through education, research, and treatment. The organization's mission is multifaceted, encompassing seminars, workshops, and symposiums aimed at exploring effective treatments for ear-related diseases. By engaging in these educational activities, Ear Research Foundation Inc aims to contribute to the broader understanding and management of hearing and balance disorders. The foundation's focus on research and treatment is instrumental in driving advancements in the field, ultimately benefiting individuals affected by these conditions.

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Impact




July, 2024

Ear Research Foundation Inc's impact is significant in the field of medical research, specifically focusing on the education, research, and treatment of hearing and balance disorders. Through educational seminars, workshops, and symposiums on the treatment of ear and related diseases, the organization plays a crucial role in advancing knowledge and improving patient outcomes. Based in Sarasota, Florida, Ear Research Foundation Inc is dedicated to tackling hearing and balance disorders through innovative research and providing valuable education to healthcare professionals and the public. Their work is vital in enhancing the understanding and management of these conditions, ultimately contributing to the overall well-being of individuals affected by such disorders.




This information is meant to be a general summary of Ear Research Foundation Inc. 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.

Revenue
$514,357 (2021)
Expenses
$565,096 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $76,223
  • Program Service Revenue: $149,009
  • Gross Receipts: $935,240

Assets and Liabilities:

  • Total Assets: $1,131,070
  • Total Liabilities: $7,566
  • Net Assets: $1,123,504

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CLINICS AND OUTREACH

Revenue

$149,009

Organization Details

Founding Year

1978

Principal Officer

Dr Herbert Silverstein

Main Address

1901 FLOYD STREET, SARASOTA, FL, 34239

NTEE Category

Code: H90 - Medical research

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