THE HATCH INC (EIN 462309129) - 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

1990

Legal Domicile

Principal Officer

TOM BODETT

Tax Period

2023-01-01 to 2023-12-31

THE HATCH INC, founded in 1990, is a small nonprofit in the Arts, Culture & Humanities sector that reported $706K in total revenue in fiscal year 2023. Revenue surged 35% from the prior year, signaling strong growth momentum. The organization ran a surplus of $152K, a strong 22% operating margin.

Mission

THE PURPOSE OF THE HATCH, INC IS TO PRODUCE CULTURAL EVENTS FOR CHARITABLE PURPOSES. THE HATCH OPERATES HATCHSPACE, A COMMUNITY WORKSHOP DEDICATED TO PROMOTING THE VALUE AND PRACTICE OF CRAFT BY PROVIDING THE INSTRUCTION, TOOLS AND SPACE TO SUPPORT A COMMUNITY OF WOODWORKERS.

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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 $519,788

Program Service Revenue $129,058

Investment Income $55

Other Revenue $56,793

TOTAL REVENUE $705,694

Expense Breakdown

Grants Paid $0

Salaries & Benefits $282,628

Fundraising Expenses $43,532

Program Expenses $454,391

Other Expenses $270,652

TOTAL EXPENSES $553,280

Year-over-Year Comparison

	2023	2022	Change
Revenue	$705,694	$522,267	+0.4%
Expenses	$553,280	$568,943	0.0%
Net Income	$152,414	$-46,676	-4.3%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LARS HASSELBLAD TORRES	EXECUTIVE DIRECTOR	40.00		$129,531	$0	$129,531
MARK TARMY	DIRECTOR	1.00	Director	$0	$0	$0
RACHEL ZAMORE	DIRECTOR	1.00	Director	$0	$0	$0
MONICA HASTINGS	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
SAGE RUTH	TREASURER	1.00	Officer Director	$0	$0	$0
PHIL FEIDELSEIT	SECRETARY	1.00	Officer Director	$0	$0	$0
TOM BODETT	PRESIDENT	5.00	Officer Director	$0	$0	$0
GAIL FLETCHER	DIRECTOR	1.00		$0	$0	$0
STEPHEN SHRINER	DIRECTOR	1.00		$0	$0	$0
DYLLAN NGUYEN	DIRECTOR	1.00		$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	$705,694	$553,280	$354,628	$152,414
2022	$522,267	$568,943	$154,622	$-46,676
2021	$406,190	$323,687	$195,544	$82,503

THE HATCH INC