HACK FOUNDATION: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
HACK FOUNDATION (EIN 81-2908499)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-11-15
IRS object ID
202423209349312247
Schema version
2023v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-11-15T13:15:20-05:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN030280081PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1JMM & ASSOCIATES PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1463 MOUNTAIN VIEW DR STE 403AddressLine1Txt
CityCOLCHESTERCityNm
State AbbreviationVTStateAbbreviationCd
ZIP05446ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN812908499EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE HACK FOUNDATIONBusinessNameLine1Txt
Business Name Line2D/B/A HACK CLUBBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlHACKBusinessNameControlTxt
Phone8556254225PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line18605 SANTA MONICA BLVD SUITE 86294AddressLine1Txt
CityWEST HOLLYWOODCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90069ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonZACHARY LATTAPersonNm
Person TitleE.D. & PRESIDENTPersonTitleTxt
Phone8556254225PhoneNum
Signature2024-11-15SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrfalseIRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonRANDALL L SARGENT CPAPreparerPersonNm
PTINP00136499PTIN
Phone8026555665PhoneNum
Preparation2024-11-15PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-10-15 13:58:12ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerZACHARY LATTAPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line18605 SANTA MONICA BLVD SUITE 86294AddressLine1Txt
CityWEST HOLLYWOODCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90069ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$11,357,856GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressHTTPS://HACKCLUB.COMWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2016FormationYr
Legal Domicile StateCALegalDomicileStateCd
Activity Or MissionHACK CLUB INSTRUCTS OR TRAINS TEENAGERS FOR THE PURPOSE OF IMPROVING THEIR CAPABILITIES IN CODING AND STEM. IT ALSO SERVES AS A FISCAL SPONSOR OF A WIDE VARIETY OF CHARITABLE AND EDUCATIONAL PROJECTS, WITH A SIGNIFICANT FOCUS ON STUDENT-LED PROJECTS.ActivityOrMissionDesc
Voting Members Governing Body4VotingMembersGoverningBodyCnt
Voting Members Independent2VotingMembersIndependentCnt
Total Employee30TotalEmployeeCnt
Total Volunteers2TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$4,882,926PYContributionsGrantsAmt
CY Contributions Grants$10,976,912CYContributionsGrantsAmt
PY Program Service Revenue$88,291PYProgramServiceRevenueAmt
CY Program Service Revenue$226,387CYProgramServiceRevenueAmt
PY Investment Income$631PYInvestmentIncomeAmt
CY Investment Income$123,120CYInvestmentIncomeAmt
PY Other Revenue$2,990PYOtherRevenueAmt
CY Other Revenue$31,437CYOtherRevenueAmt
PY Total Revenue$4,974,838PYTotalRevenueAmt
CY Total Revenue$11,357,856CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$988,093PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,661,923CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$262,208CYTotalFundraisingExpenseAmt
PY Other Expenses$2,182,347PYOtherExpensesAmt
CY Other Expenses$4,356,705CYOtherExpensesAmt
PY Total Expenses$3,170,440PYTotalExpensesAmt
CY Total Expenses$6,018,628CYTotalExpensesAmt
PY Revenues Less Expenses$1,804,398PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$5,339,228CYRevenuesLessExpensesAmt
Total Assets BOY$4,804,868TotalAssetsBOYAmt
Total Assets EOY$10,313,634TotalAssetsEOYAmt
Total Liabilities BOY$47,126TotalLiabilitiesBOYAmt
Total Liabilities EOY$187,548TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$4,757,742NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$10,126,086NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE HACK FOUNDATION, D/B/A HACK CLUB (HACK CLUB OR ORGANIZATION) IS A NOT- FOR-PROFIT ORGANIZATION FORMED IN 2016 TO HELP CREATE THE HIGHLY TECHNICAL PROBLEM-SOLVERS OF TOMORROW BY ENGAGING TEENAGE PROGRAMMERS IN A WORLDWIDE NETWORK OF PEERS. THROUGH LOCAL CLUBS, HACKATHONS AND OUR ONLINE COMMUNITY, HACK CLUBBERS LEARN TO CODE, BUILD LIFELONG FRIENDSHIPS AND COLLABORATE ON INNOVATIVE PRODUCTS AND SERVICES ADDRESSING NEEDS AT LOCAL AND INTERNATIONAL LEVELS. HACK CLUB RECEIVES SUPPORT AND REVENUE PRIMARILY FROM DONATIONS. HACK CLUB'S FISCAL SPONSORSHIP ACTIVITIES EXPANDED TO COVER A BROADER ARRAY OF CHARITABLE AND EDUCATIONAL ACTIVITIES IN 2023. HACK CLUB APPLIES THE SAME PRINCIPLES AND PROCEDURES IT DEVELOPED AS A SPONSOR TO CODING CLUBS TO HAVE A BROADER IMPACT ON A GREATER ARRAY OF ISSUE AREAS. HACK CLUB RETAINS ULTIMATE SUPERVISORY AUTHORITY OVER ITS PROJECTS AND REQUIRES ITS PROJECTS TO OPERATE IN A MANNER CONSISTENT WITH THE REQUIREMENTS OF 501(C)(3), WHILE EMPOWERING THEM TO USE TMissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$5,181,220ExpenseAmt
Revenue$226,387RevenueAmt
DescHACK CLUB'S PRIMARY PROGRAMS CONSIST OF THE FOLLOWING: ENGAGEMENT OF TEEN HACK CLUBBERS - A GLOBAL NONPROFIT NETWORK OF HIGH SCHOOL CODING CLUBS WHERE MEMBERS CREATE A SUPPORTIVE COMMUNITY WHILE LEARNING TO CODE THROUGH TINKERING AND BUILDING PROJECTS. THROUGH THIS PROGRAM, THEY WORK WITH AND GUIDE STUDENT-LED CLUBS AND HACKATHONS. FISCAL SPONSORSHIPS - HACK CLUB SUPPORTS LOCAL CLUBS, EDUCATIONAL HACKATHONS AND NON-CODING GROUPS THAT WANT TO SERVE THEIR COMMUNITY AS A NONPROFIT, BUT HAVE NOT ESTABLISHED THEIR OWN TAX-EXEMPT STATUS. HACK CLUB'S FISCAL SPONSORSHIP PROGRAM IS BUILT AROUND CUSTOM IN-HOUSE SOFTWARE THAT PROVIDES A SIMPLE USER EXPERIENCE WHILE MAINTAINING THE NECESSARY FINANCIAL CONTROLS.Desc
Total Program Service Expenses$5,181,220TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentfalseReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesYes (true)ForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document92IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee30EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members4GoverningBodyVotingMembersCnt
Independent Voting Member2IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyfalseConflictOfInterestPolicyInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyfalseDocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
Own WebsiteYes (X)OwnWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonMELANIE SMITHPersonNm
Phone8556254115PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line18605 SANTA MONICA BLVD SUITE 86294AddressLine1Txt
CityWEST HOLLYWOODCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90069ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (4 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
CHRISTINA ASQUITH
COO AND BOAR40.00Yes (X)Yes (X)$160,200$0$28,112
ZACHARY LATTA
E.D. & PRESI40.00Yes (X)Yes (X)$119,659$0$0
THOMAS PRESTON-WERNER
SECRETARY1.00Yes (X)$0$0$0
SAMUEL QUINN SLACK
TREASURER1.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$279,859TotalReportableCompFromOrgAmt
Total Other Compensation$28,112TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K2IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
All Other Contributions$10,976,912AllOtherContributionsAmt
Total Contributions$10,976,912TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescFISCALLY-SPONSORED GROUP FEESDesc
Business561000BusinessCd
Total Revenue Column$226,387TotalRevenueColumnAmt
Related Or Exempt Func Income$226,387RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$226,387TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$123,120TotalRevenueColumnAmt
Exclusion$123,120ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescMISCELLANEOUSDesc
Business900099BusinessCd
Total Revenue Column$31,437TotalRevenueColumnAmt
Related Or Exempt Func Income$31,437RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$31,437OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$11,357,856TotalRevenueColumnAmt
Related Or Exempt Func Income$257,824RelatedOrExemptFuncIncomeAmt
Exclusion$123,120ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$307,971TotalAmt
Program Services$184,782ProgramServicesAmt
Management And General$30,797ManagementAndGeneralAmt
Fundraising$92,392FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,140,118TotalAmt
Program Services$954,229ProgramServicesAmt
Management And General$102,872ManagementAndGeneralAmt
Fundraising$83,017FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$103,829TotalAmt
Program Services$84,626ProgramServicesAmt
Management And General$19,203ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$110,005TotalAmt
Program Services$86,570ProgramServicesAmt
Management And General$10,359ManagementAndGeneralAmt
Fundraising$13,076FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$20,225TotalAmt
Management And General$20,225ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$11,187TotalAmt
Management And General$11,187ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$538,360TotalAmt
Program Services$365,842ProgramServicesAmt
Management And General$144,693ManagementAndGeneralAmt
Fundraising$27,825FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$14,918TotalAmt
Program Services$396ProgramServicesAmt
Management And General$14,522ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$82,554TotalAmt
Program Services$49,076ProgramServicesAmt
Management And General$21,237ManagementAndGeneralAmt
Fundraising$12,241FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$101,936TotalAmt
Program Services$82,261ProgramServicesAmt
Management And General$19,675ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$124,109TotalAmt
Program Services$72,175ProgramServicesAmt
Management And General$38,864ManagementAndGeneralAmt
Fundraising$13,070FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$189,779TotalAmt
Program Services$142,410ProgramServicesAmt
Management And General$30,948ManagementAndGeneralAmt
Fundraising$16,421FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$26,515TotalAmt
Management And General$26,515ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$12,477TotalAmt
Management And General$12,477ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
SPONSORED PROJECTS$2,602,170$2,602,170
PROGRAM EXPENSES$591,770$555,142$32,462$4,166
OTHER EXPENSES$40,705$1,541$39,164

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$6,018,628TotalAmt
Program Services$5,181,220ProgramServicesAmt
Management And General$575,200ManagementAndGeneralAmt
Fundraising$262,208FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$4,646,882BOYAmt
EOY$1,384,467EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
EOY$8,698,046EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$50,000BOYAmt
EOY$99,774EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$15,835BOYAmt
EOY$6,839EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$64,392BOYAmt
EOY$94,725EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$27,759BOYAmt
EOY$29,783EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$4,804,868BOYAmt
EOY$10,313,634EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$19,367BOYAmt
EOY$40,726EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
EOY$117,039EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$27,759BOYAmt
EOY$29,783EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$47,126BOYAmt
EOY$187,548EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,896,103BOYAmt
EOY$2,374,510EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,861,639BOYAmt
EOY$7,751,576EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$4,757,742BOYAmt
EOY$10,126,086EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$4,804,868BOYAmt
EOY$10,313,634EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$5,339,228ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$29,116NetUnrlzdGainsLossesInvstAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,517,250CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,286,469CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$3,503,085CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$4,882,926CurrentTaxYearMinus1YearAmt
Current Tax Year$10,976,912CurrentTaxYearAmt
Total$22,166,642TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,517,250CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,286,469CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$3,503,085CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$4,882,926CurrentTaxYearMinus1YearAmt
Current Tax Year$10,976,912CurrentTaxYearAmt
Total$22,166,642TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$6,703,470SubstantialContributorsTotAmt
Public Support Total170$15,463,172PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$2,907CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$631CurrentTaxYearMinus1YearAmt
Current Tax Year$123,120CurrentTaxYearAmt
Total$126,658TotalAmt
FieldValueIRS element (for citing)
Total Support$22,293,300TotalSupportAmt
Gross Receipts Rltd Activities$866,047GrossReceiptsRltdActivitiesAmt
Public Support CY1700.69360PublicSupportCY170Pct
Public Support PY1700.71550PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescLEASE LIABILITIESDesc
Amt$29,783Amt
FieldValueIRS element (for citing)
Total Liability$29,783TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$11,386,972TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$29,116NetUnrealizedGainsInvstAmt
Revenue Not Reported$29,116RevenueNotReportedAmt
Revenue Subtotal$11,357,856RevenueSubtotalAmt
Total Revenue Per Form990$11,357,856TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$6,018,628TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal$6,018,628ExpensesSubtotalAmt
Total Expenses Per Form990$6,018,628TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE D, PAGE 3, PART XFormAndLineReferenceDesc
ExplanationTHE HACK FOUNDATION, D/B/A HACK CLUB IS A NOT-FOR-PROFIT ORGANIZATION THAT IS EXEMPT FROM INCOME TAXES AND IS CLASSIFIED AS A PUBLIC CHARITY UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, EXCEPT FOR INCOME TAXES ON UNRELATED BUSINESS INCOME. THE ORGANIZATION DOES NOT BELIEVE IT HAS ANY UNCERTAIN TAX POSITIONS AND HAS NOT RECORDED ANY TAX LIABILITIES.ExplanationTxt

Schedule F IRS990ScheduleF

FieldValueIRS element (for citing)
Grant Records MaintainedfalseGrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp (6 entries)

RegionRegionTxtType Of Activities ConductedTypeOfActivitiesConductedTxtSpecific Services ProvidedSpecificServicesProvidedTxt
SOUTH ASIAPROGRAM SERVICESHACK CLUB PROG. SERV
SOUTH AMERICAPROGRAM SERVICESHACK CLUB PROG. SERV
SUB-SAHARAN AFRICAPROGRAM SERVICESHACK CLUB PROG. SERV
MIDDLE EAST AND NORTH AFRICAPROGRAM SERVICESHACK CLUB PROG. SERV
CANADA AND MEXICOPROGRAM SERVICESHACK CLUB PROG. SERV
EUROPEPROGRAM SERVICESHACK CLUB PROG. SERV
FieldValueIRS element (for citing)
Transfer To Foreign CorpfalseTransferToForeignCorpInd
Interest In Foreign TrustfalseInterestInForeignTrustInd
Foreign Corp OwnershipfalseForeignCorpOwnershipInd
Passive Foreign Investmest CofalsePassiveForeignInvestmestCoInd
Foreign PartnershipfalseForeignPartnershipInd
Boycott CountriesfalseBoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE F, PAGE 1, PART I, LINE 3FormAndLineReferenceDesc
ExplanationSOUTH ASIA 0 0 SOUTH AMERICA 0 0 SUB-SAHARAN AFRICA 0 0 MIDDLE EAST AND NORTH AFRICA 0 0 CANADA AND MEXICO 0 0 EUROPE 0 0ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentfalseSeverancePaymentInd
Supplemental Nonqual Rtr PlanfalseSupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgfalseCompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related OrgsfalseCompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng OrgfalseCompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd OrgsfalseCompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsfalseAnyNonFixedPaymentsInd
Initial Contract ExceptionfalseInitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonCHRISTINA ASQUITHPersonNm
TitleCOO AND BOARD MEMBERTitleTxt
Base Compensation Filing Org$160,200BaseCompensationFilingOrgAmt
Nontaxable Benefits Filing Org$28,112NontaxableBenefitsFilingOrgAmt
Total Compensation Filing Org$188,312TotalCompensationFilingOrgAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PAGE 1, ITEM CHACK CLUB
FORM 990 - ORGANIZATION'S MISSIONTHE HACK FOUNDATION, D/B/A HACK CLUB (HACK CLUB OR ORGANIZATION) IS A NOT- FOR-PROFIT ORGANIZATION FORMED IN 2016 TO HELP CREATE THE HIGHLY TECHNICAL PROBLEM-SOLVERS OF TOMORROW BY ENGAGING TEENAGE PROGRAMMERS IN A WORLDWIDE NETWORK OF PEERS. THROUGH LOCAL CLUBS, HACKATHONS AND OUR ONLINE COMMUNITY, HACK CLUBBERS LEARN TO CODE, BUILD LIFELONG FRIENDSHIPS AND COLLABORATE ON INNOVATIVE PRODUCTS AND SERVICES ADDRESSING NEEDS AT LOCAL AND INTERNATIONAL LEVELS. HACK CLUB RECEIVES SUPPORT AND REVENUE PRIMARILY FROM DONATIONS. HACK CLUB'S FISCAL SPONSORSHIP ACTIVITIES EXPANDED TO COVER A BROADER ARRAY OF CHARITABLE AND EDUCATIONAL ACTIVITIES IN 2023. HACK CLUB APPLIES THE SAME PRINCIPLES AND PROCEDURES IT DEVELOPED AS A SPONSOR TO CODING CLUBS TO HAVE A BROADER IMPACT ON A GREATER ARRAY OF ISSUE AREAS. HACK CLUB RETAINS ULTIMATE SUPERVISORY AUTHORITY OVER ITS PROJECTS AND REQUIRES ITS PROJECTS TO OPERATE IN A MANNER CONSISTENT WITH THE REQUIREMENTS OF 501(C)(3), WHILE EMPOWERING THEM TO USE THEIR INITIATIVE AND ENERGY TO ADVANCE THEIR MISSIONS.
FORM 990, PAGE 6, PART VI, LINE 11BFORM 990 WILL BE PRESENTED TO THE BOARD BEFORE FILING.
FORM 990, PAGE 6, PART VI, LINE 15AFORM 990, PART VI, SECTION B, LINE 15 - COMPENSATION FOR THE EXECUTIVE DIRECTOR IS DETERMINED WITH A COMPARISON AGAINST OTHER NONPROFITS IN SIMILAR MARKETS. IN 2023, THE BOARD WAS INVOLVED AND RESPONSIBLE FOR SETTING THE EXECUTIVE DIRECTOR'S COMPENSATION.
FORM 990, PAGE 6, PART VI, LINE 19FORM 990, PART VI, SECTION C, LINE 19 - THE FORM 990 IS MADE AVAILABLE TO THE PUBLIC VIA GUIDESTAR. GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.

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