Hatch Innovation Inc (EIN 341996112) - 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

2000

Legal Domicile

Principal Officer

David Garnand

Phone

5034526898

Tax Period

2019-01-01 to 2019-12-31

Hatch Innovation Inc, founded in 2000, is a small nonprofit that reported $289K in total revenue in fiscal year 2019. Revenue fell 33% from the prior year — a significant decline worth monitoring.

Mission

Locally and globally, the organization has been operating programs designed to increase the capacity of individuals and enterprise to solve community propblems. Our approach has been to cultivate an Innovative Ecosystem in which leaders can flourish in any community. This framework continues to drive our programs: 1 Teach the change maker inside each of us 2 Create a home for community innovators to find what they need 3 Create new tools that grow community capital 4 Build ecosystems for citizen-led change.

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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 (2019)

Revenue Breakdown

Contributions & Grants $10,000

Program Service Revenue $279,405

Investment Income $0

Other Revenue $25

TOTAL REVENUE $289,430

Expense Breakdown

Grants Paid $310

Salaries & Benefits $74,819

Fundraising Expenses $0

Program Expenses $274,953

Other Expenses $232,640

TOTAL EXPENSES $307,769

Year-over-Year Comparison

	2019	2018	Change
Revenue	$289,430	$429,707	-0.3%
Expenses	$307,769	$488,051	-0.4%
Net Income	$-18,339	$-58,344	-0.7%

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

$28,427

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Danielle Olson	Executive Dir.	40.00	Officer	$28,427	$0	$28,427
Kristin Wolff	Chairman	5.00	Officer Director	$0	$0	$0
Jeff Bailey	Chairman	5.00	Director	$0	$0	$0
Patrick Regan	Chairman	5.00	Director	$0	$0	$0
Bryson Davis	Vice President	5.00	Officer Director	$0	$0	$0
Jill Chen	Chairman	5.00	Director	$0	$0	$0
David Garnand	Treasurer	5.00	Officer Director	$0	$0	$0
Nancy Freimark	Chairman	5.00	Director	$0	$0	$0
Stephanie Fleming	Chairman	5.00	Officer 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
2019	$289,430	$307,769	$133,606	$-18,339
2018	$429,707	$488,051	$144,040	$-58,344

Hatch Innovation Inc