HACKS HACKERS (EIN 455351484) - 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

2012

Legal Domicile

Principal Officer

BURT HERMAN

Phone

6503538787

Tax Period

2023-01-01 to 2023-12-31

HACKS HACKERS, founded in 2012, is a community nonprofit in the Education sector that reported $3.6M in total revenue in fiscal year 2023. Revenue surged 161% from the prior year, signaling strong growth momentum. The organization ran a surplus of $808K, a strong 22% operating margin.

Mission

THE MISSION OF HACKS/HACKERS INCLUDES THE FOLLOWING: (CONT. ON SCH O)A. TO FOSTER, ENCOURAGE AND PROMOTE THE EDUCATIONAL, SCIENTIFIC, LITERARY, AND CHARITABLE PURPOSES OF HACKS/HACKERSB. PROMOTE PHILANTHROPY IN SUPPORT OF HACKS/HACKERSC. PROVIDE FIDUCIARY OVERSIGHT AS TO THE INVESTMENT OF ASSETS MANAGED FOR HACKS/HACKERSD. APPROVE HACKS/HACKERS' ANNUAL OPERATING BUDGETE. CREATE A NETWORK OF JOURNALISTS AND TECHNOLOGISTS WHO RETHINK THE FUTURE OF NEWS AND INFORMATION AND SPREAD KNOWLEDGE, INFORMATION AND IDEAS TO THAT NETWORKF. CREATE A DIGITAL COMMUNITY OF PEOPLE WHO SEEK TO INSPIRE EACH OTHER, SHARE INFORMATION, AND COLLABORATE TO INVENT THE FUTURE OF MEDIA AND JOURNALISMG. ENGAGE IN AND CARRY ON ANY OTHER ACTIVITY IN ANY MANNER CONNECTED WITH OR INCIDENTAL TO, OR CALCULATED TO PROMOTE, ASSIST, AID, OR ACCOMPLISH ANY OF THE AFORESAID PURPOSES.

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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 $3,578,618

Program Service Revenue $3,601

Investment Income $57,024

Other Revenue $0

TOTAL REVENUE $3,639,243

Expense Breakdown

Grants Paid $1,134,140

Salaries & Benefits $1,052,536

Fundraising Expenses $5,650

Program Expenses $2,534,741

Other Expenses $644,649

TOTAL EXPENSES $2,831,325

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,639,243	$1,396,665	+1.6%
Expenses	$2,831,325	$1,614,523	+0.8%
Net Income	$807,918	$-217,858	-4.7%

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

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

$196,000

Total Directors

$108,750

Key Employees

$180,437

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CONNIE MOON SEHAT	RESEARCHER-AT-LARGE	40.00	Key Emp	$171,270	$9,167	$180,437
MARK COATNEY	BUSINESS PRODUCT LEAD	40.00	Highest	$132,000	$9,167	$141,167
HEATHER SANTANA	OPERATIONS LEAD	40.00	Highest	$105,000	$9,167	$114,167
DEBORAH L ROTMAN	DIRECTOR OF OPERATIONS	40.00	Officer	$104,333	$9,167	$113,500
BURT HERMAN	PRESIDENT	40.00	Officer Director	$73,333	$9,167	$82,500
JENNIFER LEE	BOARD MEMBER	3.00	Director	$26,250	$0	$26,250
ANIKA GUPTA	BOARD MEMBER	3.00	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	$3,639,243	$2,831,325	$1,694,769	$807,918
2022	$1,396,665	$1,614,523	$952,749	$-217,858
2021	$1,165,915	$1,166,057	$1,257,844	$-142
2020	$739,228	$1,016,723	$1,003,798	$-277,495
2019	$1,445,767	$1,003,772	$1,325,822	$441,995
2018	$486,202	$382,227	$225,705	$103,975

HACKS HACKERS