HACKREDUCE INC C/O CHRIS LYNCH

EIN: 455290831 501(c)(3) Science & Technology

ARLINGTON, MA

Total Revenue
$456,714
Total Expenses
$222,082
Total Assets
$103,079
Net Assets
$97,079
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
MA
Principal Officer
CHRIS LYNCH
Phone
6178568160
Tax Period
2024-01-01 to 2024-12-31

HACKREDUCE INC C/O CHRIS LYNCH, founded in 2012, is a small nonprofit in the Science & Technology sector that reported $457K in total revenue in fiscal year 2024. Revenue surged 49% from the prior year, signaling strong growth momentum. The organization ran a surplus of $235K, a strong 51% operating margin.

Mission

TO HELP CREATE THE TALENT AND TECHNOLOGIES THAT WILL SHAPE OUR FUTURE IN A BID DATA-DRIVEN ECONOMY VIA PROMOTING TECH & SKILLS REQUIRED TO PROCESS, ANALYZE & APPLY DATA.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $173,734
Program Service Revenue $0
Investment Income $1,487
Other Revenue $281,493
TOTAL REVENUE $456,714

Expense Breakdown

Grants Paid $200,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $200,000
Other Expenses $22,082
TOTAL EXPENSES $222,082

Year-over-Year Comparison

2024 2023 Change
Revenue $456,714 $305,945 +0.5%
Expenses $222,082 $280,568 -0.2%
Net Income $234,632 $25,377 +8.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
N/A
Independent Members
N/A
Employees
N/A
Volunteers
N/A

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
2
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRISTOPHER LYNCH PRESIDENT 0.0
Officer Director
$0 $0 $0
NORA MARY LYNCH CLERK 0.0
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
2024 $456,714 $222,082 $103,079 $234,632
2023 $305,945 $280,568 $47,418 $25,377
2022 $264,665 $256,503 $10,855 $8,162
2018 $253,040 $255,795 $22,178 $-2,755
Explore More Nonprofits
Top 100 Nonprofits in Massachusetts Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare HACKREDUCE INC C/O CHRIS LYNCH with other nonprofits in Massachusetts and across the country.