The Nathan Hale Foundation Inc

EIN: 061767365 501(c)(3) Public & Societal Benefit

Plymouth, MA

Total Revenue
$134,134
Total Expenses
$149,644
Total Assets
$290,698
Net Assets
$272,209
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
MA
Principal Officer
Christopher Hart
Phone
5082240100
Tax Period
2022-01-01 to 2022-12-31

The Nathan Hale Foundation Inc, founded in 2006, is a small nonprofit in the Public & Societal Benefit sector that reported $134K in total revenue in fiscal year 2022. Revenue surged 246% from the prior year, signaling strong growth momentum. Expenses of $150K exceeded revenue, resulting in a 12% operating deficit.

Mission

The Nathan Hale Foundation provides outreach services to veterans on the South Shore of Massachusetts. The free services include but are not limited to a Veterans Outreach Center, a food pantry, and healthy produce. Three Harts Farm Veterans Growing Opportunities will allow for veterans and their families to participate in volunteer, peer to peer and family activities, stroll along walking trails, practice agricultural and hydroponic farming techniques, plant and harvest heirloom vegetables and herbs from seed, learn how to dry herbs, learn how to practice organic farming without pesticides seven days a week. Cookouts and family gatherings are offered weekly throughout the year at outreach centers and the farm.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $128,448
Program Service Revenue $5,684
Investment Income $2
Other Revenue $0
TOTAL REVENUE $134,134

Expense Breakdown

Grants Paid $0
Salaries & Benefits $39,622
Fundraising Expenses $0
Program Expenses $134,176
Other Expenses $110,022
TOTAL EXPENSES $149,644

Year-over-Year Comparison

2022 2021 Change
Revenue $134,134 $38,743 +2.5%
Expenses $149,644 $136,829 +0.1%
Net Income $-15,510 $-98,086 -0.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
5
Independent Members
3
Employees
2
Volunteers
12

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$36,979
Total Directors
5
$36,979
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Christopher Hart Executive Director/President 30.00
Officer Director
$31,779 $0 $31,779
Jared Borgatti Vice President 5.00
Officer Director
$0 $0 $0
Diane Ribeiro-Hart Treasurer 40.00
Officer Director
$0 $0 $0
Tina Zagarri Clerk 5.00
Officer Director
$5,200 $0 $5,200
Paul Michael Gallagher Trustee 10.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2022 $134,134 $149,644 $290,698 $-15,510
2021 $38,743 $136,829 $301,878 $-98,086
2020 $191,276 $233,055 $415,300 $-41,779
2019 $245,828 $244,749 $444,119 $1,079
2018 $213,518 $235,217 $442,133 $-21,699
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