HACK FOUNDATION: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- HACK FOUNDATION (EIN 81-2908499)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-17
- IRS object ID
- 202533219349309698
- Schema version
- 2024v5.0
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-11-17T13:07:29-05:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 030280081 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JMM & ASSOCIATES PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 463 MOUNTAIN VIEW DR STE 403 | AddressLine1Txt |
| City | COLCHESTER | CityNm |
| State Abbreviation | VT | StateAbbreviationCd |
| ZIP | 05446 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 812908499 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE HACK FOUNDATION | BusinessNameLine1Txt |
| Business Name Line2 | D/B/A HACK CLUB | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | HACK | BusinessNameControlTxt |
| Phone | 8556254225 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8605 SANTA MONICA BLVD SUITE 86294 | AddressLine1Txt |
| City | WEST HOLLYWOOD | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90069 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ZACHARY LATTA | PersonNm |
| Person Title | E.D. & PRESIDENT | PersonTitleTxt |
| Phone | 8556254225 | PhoneNum |
| Signature | 2025-11-17 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | false | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | RANDALL L SARGENT CPA | PreparerPersonNm |
| PTIN | P00136499 | PTIN |
| Phone | 8026555665 | PhoneNum |
| Preparation | 2025-11-17 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | ZACHARY LATTA | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8605 SANTA MONICA BLVD SUITE 86294 | AddressLine1Txt |
| City | WEST HOLLYWOOD | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90069 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $22,351,707 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | HTTPS://HACKCLUB.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2016 | FormationYr |
| Legal Domicile State | CA | LegalDomicileStateCd |
| Activity Or Mission | TO HELP TEENS GAIN TECHNICAL SKILLS THROUGH OPEN SOURCE PROJECTS, FRIENDSHIPS, AND ADVENTURES LIKE HACKATHONS, WHILE FISCALLY SPONSORING CHARITABLE INITIATIVES. SEE SCHEDULE O FOR MORE. | ActivityOrMissionDesc |
| Voting Members Governing Body | 4 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 2 | VotingMembersIndependentCnt |
| Total Employee | 69 | TotalEmployeeCnt |
| Total Volunteers | 2 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $10,976,912 | PYContributionsGrantsAmt |
| CY Contributions Grants | $21,315,830 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $226,387 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $812,269 | CYProgramServiceRevenueAmt |
| PY Investment Income | $123,120 | PYInvestmentIncomeAmt |
| CY Investment Income | $215,619 | CYInvestmentIncomeAmt |
| PY Other Revenue | $31,437 | PYOtherRevenueAmt |
| CY Other Revenue | $7,989 | CYOtherRevenueAmt |
| PY Total Revenue | $11,357,856 | PYTotalRevenueAmt |
| CY Total Revenue | $22,351,707 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $1,661,923 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $2,460,541 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $279,124 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $4,356,705 | PYOtherExpensesAmt |
| CY Other Expenses | $11,753,859 | CYOtherExpensesAmt |
| PY Total Expenses | $6,018,628 | PYTotalExpensesAmt |
| CY Total Expenses | $14,214,400 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $5,339,228 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $8,137,307 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $10,313,634 | TotalAssetsBOYAmt |
| Total Assets EOY | $18,742,497 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $187,548 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $434,126 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $10,126,086 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $18,308,371 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE 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 BUILDING OPEN SOURCE PROJECTS THEY'RE PROUD OF, FORMING LIFE-LONG FRIENDSHIPS, AND GAINING LIFE SKILLS THROUGH GOING ON INCREDIBLE ADVENTURES LIKE HACKATHONS. 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 MISSION | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $3,792,052 | ExpenseAmt |
| Desc | HACK CLUB. TOTAL REVENUE: 5,238,425. TOTAL EXPENSES: 3,792,052 HACK CLUB IS THE WORLD'S LARGEST CHARITY FOR TEENAGERS INTERESTED IN COMPUTERS AND ELECTRONICS. WE SERVE TENS OF THOUSANDS OF HIGH SCHOOLERS EACH YEAR THROUGH EDUCATIONAL COMPETITIONS AND IN-PERSON HACKATHONS, WE GIVE OVER 1M EACH YEAR TO TEENAGERS IN GRANTS AND COMPONENTS FOR THEIR PROJECTS, AND MORE. WE HELP TEENAGERS LEARN TECHNICAL SKILLS TO THRIVE IN THE 21ST CENTURY, FORM LIFELONG FRIENDSHIPS, AND BUILD LIFE SKILLS THROUGH GOING ON INCREDIBLE ADVENTURES LIKE HACKATHONS. ALMOST ALL OF OUR STAFF AND OPERATIONS ARE WITHIN HACK CLUB. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $9,545,562 | ExpenseAmt |
| Revenue | $812,269 | RevenueAmt |
| Desc | FISCALLY SPONSORED PROJECTS. TOTAL REVENUE: 16,085,394. TOTAL EXPENSES: 9,545,562. NOTE: THIS IS THE SUM TOTAL OF ALL FUNDS RAISED AND SPENT ACROSS ALL FISCAL SPONSEES. THIS IS NOT REVENUE OR EXPENSES OF HACK CLUB. STARTED IN 2018, THE HACK FOUNDATION STARTED OFFERING FISCAL SPONSORSHIP SERVICES TO NONPROFIT CHARITABLE PROJECTS - MANY OF WHICH ARE LED BY HIGH SCHOOLERS. TODAY WE SPONSOR A WIDE VARIETY OF FOR-GOOD NONPROFIT CHARITABLE PROJECTS THROUGH OUR IN-HOUSE DEVELOPED FINANCIAL TRANSPARENCY SOFTWARE TO HELP GRASSROOTS GROUPS DO MORE WITH LESS. HCB BY HACK CLUB. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $13,337,614 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | false | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | false | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | Yes (true) | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 215 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 69 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 4 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 2 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | false | ConflictOfInterestPolicyInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | false | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MELANIE SMITH | PersonNm |
| Phone | 8556254115 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8605 SANTA MONICA BLVD SUITE 86294 | AddressLine1Txt |
| City | WEST HOLLYWOOD | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90069 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (5 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| CHRISTINA ASQUITH | |||||||
| COO AND BOAR | 40.00 | Yes (X) | Yes (X) | $219,305 | $0 | $0 | |
| GARY TOU | |||||||
| HCB TECH LEA | 40.00 | $140,000 | $0 | $0 | Yes (X) | ||
| ZACHARY LATTA | |||||||
| E.D. & PRESI | 40.00 | Yes (X) | Yes (X) | $119,146 | $0 | $0 | |
| THOMAS PRESTON-WERNER | |||||||
| SECRETARY | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| SAMUEL QUINN SLACK | |||||||
| TREASURER | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $478,451 | TotalReportableCompFromOrgAmt |
| Indiv Rcvd Greater Than100 K | 3 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
| Government Grants | $330,000 | GovernmentGrantsAmt |
| All Other Contributions | $20,985,830 | AllOtherContributionsAmt |
| Total Contributions | $21,315,830 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | FISCALLY-SPONSORED GROUP FEES | Desc |
| Business | 561000 | BusinessCd |
| Total Revenue Column | $812,269 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $812,269 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $812,269 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $215,619 | TotalRevenueColumnAmt |
| Exclusion | $215,619 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISCELLANEOUS | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $7,989 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $7,989 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $7,989 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $22,351,707 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $820,258 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $215,619 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $338,452 | TotalAmt |
| Program Services | $236,916 | ProgramServicesAmt |
| Management And General | $67,690 | ManagementAndGeneralAmt |
| Fundraising | $33,846 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,764,346 | TotalAmt |
| Program Services | $1,471,371 | ProgramServicesAmt |
| Management And General | $136,942 | ManagementAndGeneralAmt |
| Fundraising | $156,033 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $189,519 | TotalAmt |
| Program Services | $148,364 | ProgramServicesAmt |
| Management And General | $21,347 | ManagementAndGeneralAmt |
| Fundraising | $19,808 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $168,224 | TotalAmt |
| Program Services | $137,150 | ProgramServicesAmt |
| Management And General | $16,118 | ManagementAndGeneralAmt |
| Fundraising | $14,956 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,232 | TotalAmt |
| Management And General | $6,232 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $20,776 | TotalAmt |
| Management And General | $20,776 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $656,023 | TotalAmt |
| Program Services | $559,784 | ProgramServicesAmt |
| Management And General | $90,621 | ManagementAndGeneralAmt |
| Fundraising | $5,618 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $100,603 | TotalAmt |
| Program Services | $84,835 | ProgramServicesAmt |
| Management And General | $15,753 | ManagementAndGeneralAmt |
| Fundraising | $15 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $86,237 | TotalAmt |
| Program Services | $65,231 | ProgramServicesAmt |
| Management And General | $21,006 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $182,926 | TotalAmt |
| Program Services | $146,341 | ProgramServicesAmt |
| Management And General | $36,585 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $172,911 | TotalAmt |
| Program Services | $100,288 | ProgramServicesAmt |
| Management And General | $54,467 | ManagementAndGeneralAmt |
| Fundraising | $18,156 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $153,460 | TotalAmt |
| Program Services | $76,730 | ProgramServicesAmt |
| Management And General | $46,038 | ManagementAndGeneralAmt |
| Fundraising | $30,692 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,433 | TotalAmt |
| Management And General | $3,433 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,619 | TotalAmt |
| Management And General | $14,619 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| SPONSORED PROJECTS | $9,545,562 | $9,545,562 | |
| PROGRAM EXPENSES | $746,895 | $720,082 | $26,813 |
| OTHER EXPENSES | $64,182 | $44,960 | $19,222 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,214,400 | TotalAmt |
| Program Services | $13,337,614 | ProgramServicesAmt |
| Management And General | $597,662 | ManagementAndGeneralAmt |
| Fundraising | $279,124 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,384,467 | BOYAmt |
| EOY | $9,511,713 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,698,046 | BOYAmt |
| EOY | $8,321,931 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $99,774 | BOYAmt |
| EOY | $626,026 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,839 | BOYAmt |
| EOY | $67,258 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $94,725 | BOYAmt |
| EOY | $102,715 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,783 | BOYAmt |
| EOY | $112,854 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,313,634 | BOYAmt |
| EOY | $18,742,497 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $40,726 | BOYAmt |
| EOY | $318,820 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $117,039 | BOYAmt |
| EOY | $2,452 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,783 | BOYAmt |
| EOY | $112,854 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $187,548 | BOYAmt |
| EOY | $434,126 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,374,510 | BOYAmt |
| EOY | $8,950,214 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,751,576 | BOYAmt |
| EOY | $9,358,157 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,126,086 | BOYAmt |
| EOY | $18,308,371 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,313,634 | BOYAmt |
| EOY | $18,742,497 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $8,137,307 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$5,022 | NetUnrlzdGainsLossesInvstAmt |
| Prior Period Adjustments | $50,000 | PriorPeriodAdjustmentsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,286,469 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,503,085 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $4,882,926 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $10,976,912 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $21,315,830 | CurrentTaxYearAmt |
| Total | $41,965,222 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,286,469 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,503,085 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $4,882,926 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $10,976,912 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $21,315,830 | CurrentTaxYearAmt |
| Total | $41,965,222 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $9,549,350 | SubstantialContributorsTotAmt |
| Public Support Total170 | $32,415,872 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $2,907 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $631 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $123,120 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $215,619 | CurrentTaxYearAmt |
| Total | $342,277 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $42,307,499 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $1,644,536 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.76620 | PublicSupportCY170Pct |
| Public Support PY170 | 0.69360 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | LEASE LIABILITIES | Desc |
| Amt | $112,854 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $112,854 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $22,346,685 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$5,022 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | -$5,022 | RevenueNotReportedAmt |
| Revenue Subtotal | $22,351,707 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $22,351,707 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $14,214,400 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $14,214,400 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $14,214,400 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE D, PAGE 3, PART X | THE 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. |
| SCHEDULE D, PAGE 4, PART XIII | FY 2024 FY 2024 FY 2024 HACK CLUB FISCAL SPONSORSHIP TOTAL REVENUE: 6,266,313 16,085,394 22,351,707 EXPENSES: 4,668,838 9,545,562 14,214,400 |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | false | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (6 entries)
| RegionRegionTxt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt |
|---|---|---|
| SOUTH ASIA | PROGRAM SERVICES | HACK CLUB PROG. SERV |
| SOUTH AMERICA | PROGRAM SERVICES | HACK CLUB PROG. SERV |
| SUB-SAHARAN AFRICA | PROGRAM SERVICES | HACK CLUB PROG. SERV |
| MIDDLE EAST AND NORTH AFRICA | PROGRAM SERVICES | HACK CLUB PROG. SERV |
| CANADA AND MEXICO | PROGRAM SERVICES | HACK CLUB PROG. SERV |
| EUROPE | PROGRAM SERVICES | HACK CLUB PROG. SERV |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfer To Foreign Corp | false | TransferToForeignCorpInd |
| Interest In Foreign Trust | false | InterestInForeignTrustInd |
| Foreign Corp Ownership | false | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | false | PassiveForeignInvestmestCoInd |
| Foreign Partnership | false | ForeignPartnershipInd |
| Boycott Countries | false | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE F, PAGE 1, PART I, LINE 3 | FormAndLineReferenceDesc |
| Explanation | SOUTH 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 0 | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CHRISTINA ASQUITH | PersonNm |
| Title | COO AND BOARD MEMBER | TitleTxt |
| Base Compensation Filing Org | $219,305 | BaseCompensationFilingOrgAmt |
| Total Compensation Filing Org | $219,305 | TotalCompensationFilingOrgAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PAGE 1, ITEM C | HACK CLUB |
| FORM 990 - ORGANIZATION'S MISSION | THE 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 BUILDING OPEN SOURCE PROJECTS THEY'RE PROUD OF, FORMING LIFE-LONG FRIENDSHIPS, AND GAINING LIFE SKILLS THROUGH GOING ON INCREDIBLE ADVENTURES LIKE HACKATHONS. 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. THESE PROJECTS COMPRISE A LARGE PORTION OF THE HACK FOUNDATION'S TOTAL REVENUE / EXPENSE. |
| FORM 990, PAGE 6, PART VI, LINE 11B | FORM 990 WILL BE PRESENTED TO THE BOARD BEFORE FILING. |
| FORM 990, PAGE 6, PART VI, LINE 15A | FORM 990, PART VI, SECTION B, LINE 15 - COMPENSATION FOR THE EXECUTIVE DIRECTOR IS DETERMINED WITH A COMPARISON AGAINST OTHER NONPROFITS IN SIMILAR MARKETS. AS OF 2024, THE BOARD WAS INVOLVED AND RESPONSIBLE FOR SETTING THE EXECUTIVE DIRECTOR'S COMPENSATION. |
| FORM 990, PAGE 6, PART VI, LINE 19 | FORM 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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