HATCH (EIN 300261283) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2004

Legal Domicile

Principal Officer

Jared Silverman

Phone

9282036484

Tax Period

2023-01-01 to 2023-12-31

HATCH, founded in 2004, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.0M in total revenue in fiscal year 2023. Revenue surged 52% from the prior year, signaling strong growth momentum.

Mission

Hatch is a global network of pivotal thought leaders whose collaborations result in innovations across a broad spectrum of disciplines and industries, addressing global issues, mentoring and inspiring, all in an effort to Hatch a better world.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $657,466

Program Service Revenue $390,157

Investment Income $0

Other Revenue $284

TOTAL REVENUE $1,047,907

Expense Breakdown

Grants Paid $0

Salaries & Benefits $232,403

Fundraising Expenses $1,104

Program Expenses $1,023,699

Other Expenses $858,668

TOTAL EXPENSES $1,091,071

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,047,907	$691,311	+0.5%
Expenses	$1,091,071	$679,122	+0.6%
Net Income	$-43,164	$12,189	-4.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$88,333

Total Directors

$100,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
YARROW KRANER	Chairman	40.00	Director	$100,000	$0	$100,000
Jared Silverman	COO	40.00	Officer	$88,333	$0	$88,333
Elke Govertsen	Secretary	2.00	Officer Director	$0	$0	$0
JAY HIRSCHTON	Treasurer	1.00	Officer Director	$0	$0	$0
SUSAN CARSTENSEN	President	1.00	Officer Director	$0	$0	$0
ERICA MACKEY	Chairman	2.00	Director	$0	$0	$0
Renay Loper	Chairman	1.00	Director	$0	$0	$0
Otho Kerr	Chairman	1.00	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
2024	No data	No data	No data	No data
2023	$1,047,907	$1,091,071	$158,914	$-43,164
2022	$691,311	$679,122	$206,276	$12,189
2021	$644,273	$625,046	$195,495	$19,227
2019	$553,150	$636,292	$32,693	$-83,142
2018	$540,954	$471,721	$132,538	$69,233

HATCH