Ear Research Foundation INC EIN 59-1862386

Ear Research Foundation INC

EIN  59-1862386 Public charity (501(c)(3)) Sarasota, FL
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Provides education, research, and treatment for hearing and balance disorders.
Leadership
Ms Christina Defranisco · Executive Director · $84K
Money in and out
$346K revenue, $552K expenses
Bottom line
33% program efficiency

Provides education, research, and treatment for hearing and balance disorders. For fiscal year 2024 it reported $346K in revenue, $552K in expenses, and $1.3M in net assets.Pt I

Where the money goes · FY2024
Total revenue
$346K
Pt VIII · Ln 12
Total expenses
$552K
Pt IX · Ln 25
Net assets
$1.3M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$206K
Where spending went · Part IX cols B–D
Program services $0.33 Management & general $0.65 Fundraising $0.02
Program efficiency
33%
of spending reaches programs▼ -37% vs prior filing year
Operating runway
8.3mo
months of highly liquid reserves at operating expense rate▲ +11% vs prior filing year
Surplus margin
-59%
revenue over expenses, this year▼ -93% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$346K
FY2024▼ -46%
Expenses
$552K
FY2024▼ -34%
Total assets
$2.2M
FY2024▼ -11%
Total liabilities
$955K
FY2024▼ -6%
Total revenue
$346K
Pt VIII · Ln 12
Total expenses
$552K
Pt IX · Ln 25
Net assets
$1.3M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$206K
Total assetsPt X · Ln 16$2.2M
Program-expense ratioPt IX · col B33%
Voting members of governing bodyPt I · Ln 313
Independent voting membersPt I · Ln 410
Mission & Programs · Part III

Where the work happens

3 program services account for $182K of program spending, described in the organization's own filed words · FY2024.
01

Educational seminars, workshops & symposiums on treatment of ear and related diseases.

$104Kprogram expense
02

Research on treatment of ear and related diseases

$54Kprogram expense
03

Clinic & Outreach

Hearing screening tests, treatment of hearing related problems

$24Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CEar Research Foundation INC
EINHdr · item D59-1862386
Principal addressHdr · item CSarasota, FL
WebsiteHdr · item Jwww.earsinus.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MFL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFFeb 1979

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a13
Independent voting membersPt VI · Ln 1b10
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$84,101Pt VII · Sec A
President/Founder
$0Pt VII · Sec A
VP/Director of Education
$0Pt VII · Sec A
$0Pt VII · Sec A
VP/Director of Research
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Chairman/CEO
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2020
Ms Christina Defranisco$84,101$77,390
Ms Melissa Voigt$29,594

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Other revenue$205K · 59%
Investment income$56K · 16%
Program service revenue$54K · 15%
Contributions & grants$31K · 9%
Other revenue59%$205K
Investment income16%$56K
Program service revenue15%$54K
Contributions & grants9%$31K
Total revenueLn 12$346K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.33 Management & general $0.65 Fundraising $0.02
Program services33%$182K
Management & general65%$358K
Fundraising2%$12K
Total functional expensesLn 25$552K

Balance Sheet

Part X · end of year
CashLn 1$64K
Total assetsLn 16$2.2M
Total liabilitiesLn 26$955K
Total net assetsLn 32$1.3M
Months of cash on handcomputed1.4

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $379K · Operating expenses/yr $552K
8.3 months
Where the money goes
Program services
Program services $182K · Total expenses $552K
33%
Management & General
Management & general $358K · Total expenses $552K
65%
Fundraising
Fundraising $12K · Total expenses $552K
2%
Cost to raise $1
Fundraising expense (3-yr avg) $12K · Solicited contributions (3-yr avg) $327K
$0.04 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $31K · Total revenue $346K
9%
Government reliance
Government grants — · Total revenue $346K
Earned-income share
Program service revenue $54K · Total revenue $346K
15%
Investment reliance
Investment income $56K · Total revenue $346K
+16%
Program self-sufficiency
Program service revenue $54K · Total expenses $552K
10%
Growth & trend
Revenue growth (YoY)
This year $346K · Prior year $638K
-46%
Revenue CAGR
FY2020 $479K · FY2024 $346K
-8%
Net-asset trend (YoY)
End of year $1.3M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $346K · Expenses $552K
-59%
Liabilities-to-Assets
Total liabilities — · Total assets $2.2M
Net-asset ratio
Net assets $1.3M · Total assets $2.2M
57%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) $316K · Total assets (Pt X, ln 16) $2.2M
14%
People & payroll
Highest Reported Total Compensation
Individual Ms Christina Defranisco · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $84K · Total expenses $552K
15%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $247K · Total expenses $552K
45%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 33%
Overhead ratio 65%
Fundraising cost ratio 38%
Revenue growth -46%
Accounting fee ratio 3%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 3 funders$12K
See all 3 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$346K revenue · viewing · ⤓ 990 PDF
FY2023$638K revenue · ⤓ 990 PDF
FY2022$1.2M revenue · ⤓ 990 PDF
FY2021$514K revenue · ⤓ 990 PDF
FY2020$479K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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