Bhatt Laser Research Institute in Elgin, Illinois (IL)

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Bhatt Laser Research Institute
Employer Identification Number (EIN)363903044
Name of OrganizationBhatt Laser Research Institute
In Care of NameNikhil Bhatt
Address2050 Larkin Ave, Elgin, IL 60123
SubsectionCharitable Organization
Ruling Date03/2001
DeductibilityContributions are deductible
FoundationHospital or medical research organization
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period2014
Assets$0
Income$0
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$244,700
Amount of Income$-3,673
Form 990 Revenue Amount$-3,673
National Taxonomy of Exempt Entities (NTEE)Medical Research: Ear and Throat Research


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Amount of income in 2014: $-3,673 (it was $25,622 in 2012)
Bhatt Laser Research Institute: 

 $-3,673
Other organizations performing similar types of work: 

 $55,880

Assets in 2014: $244,700 (it was $264,160 in 2012)
This organization: 

 $244,700
Other organizations performing similar types of work: 

 $50,637

Expenses in 2012: $6,162
Bhatt Laser Research Institute: 

 $6,162
Other organizations performing similar types of work: 

 $46,730

Income to expenses ratio in 2012: -0.6
Bhatt Laser Research Institute: 

 -0.6
Other organizations performing similar types of work: 

 1.2

Grants share in income in 2012: 0.0%
This organization: 

 0.0%
Other organizations performing similar types of work: 

 100.0%

Financial snapshot ($)

Revenue for 2012

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2012)
Total revenue$25,622
Contributions, gifts, grants, and similar amounts received$0
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$4,207
Gain from sale of assets other than inventory$21,415
Gross amount from sale of assets other than inventory$21,415
Less: cost or other basis and sales expenses$0
Net income from gaming and fundraising events$0
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$6,162
Total net assets$264,160
Excess for the year$19,460
Net assets or fund balances at beginning of year$244,700
Other changes in net assets or fund balances$0
Balance Sheets (for 2012)
Total assets$264,160
Total liabilities$0
Net assets or fund balances$264,160
Other Information (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1American Cochlear Implant Alliance Foundation, Aci AlliancePO BOX 103, Mclean, VA 22101-0103VA2012-06$958,341
2Coalition For Hearing Education And Research Inc600 Gresham Drive Room/Suite 1100, Norfolk, VA 23507VA2008-03$89,050
3Sleep Education Consortium2201 W Holcombe Blvd Ste 325, Houston, TX 77030-2042TX2007-12$55,880
4Tennessee Foundation For Ent Research4230 Harding Rd Ste 803, Nashville, TN 37205-4900TN2004-01$1,000
5Ocular Surface Society Of Optometry, Osso24440 Pleasant Park Rd, Conifer, CO 80433-7603CO2015-04$972
6Arizona Retina Research Foundation8702 W Questa Drive, Peoria, AZ 85383AZ2010-03$0
7Damian Anyanwu Research Center Inc14522 South Rd, Jamaica, NY 11435-5143NY2001-04$0
8Foundation For Voice And Swallowing Care Inc11911 W 139th Terr, Overland Park, KS 66221KS2007-09$0
9Hearing Loss Services Nw17109 Ne 3rd Street, Vancouver, WA 98684WA2011-10$0
10Neck & Neck9 Sandy Dr, Annville, PA 17003-9517PA2014-07$0
11Nevada Hearing Society284c E Lake Mead Pkwy 260, Henderson, NV 89015NV2015-03$0
12Northeast Florida Ear Research Foundation Inc12276 San Jose Blvd Ste 516, Jacksonville, FL 32223-8618FL2011-01$0
13Pak Hearing And Speech Society640 Glen Eden Court, Aurora, OH 44202OH2001-10$0
14Physicians Council For The Hearing Impaired8911 Seaspray Dr, Huntington Bh, CA 92646-2653CA1999-02$0
15Save The Childrens Ears7204 Thannas Way, Austin, TX 78744TX2014-08$0
16Silent Stars Foundation711 Indian Road, Glenview, IL 60025IL2010-08$0
17Smile Foundation23605 Edgewater Ln, Shell Knob, MO 65747MO2001-05$0
18Speech And Auditory Research Institute186 E 76th St, New York, NY 10021-2844NY2002-07$0
19Teamwork For Hearing Health Services8203 Lilly Stone Dr, Bethesda, MD 20817-4505MD2002-07$0
20Bhatt Laser Research Institute2050 Larkin Ave, Elgin, IL 60123IL2001-03$-3,673
Number of organizations performing similar types of work
Arizona1
California5
Colorado2
Florida4
Illinois2
Kansas1
Kentucky1
Maryland2
Michigan1
Minnesota1
Missouri1
Nevada1
New York4
Ohio1
Oregon1
Pennsylvania3
Tennessee1
Texas2
Virginia2
Vermont1
Washington1
Total38

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