Hack the Hood Inc

EIN: 680632366 501(c)(3) Arts, Culture & Humanities

Oakland, CA

Total Revenue
$3,021,907
Total Expenses
$1,527,379
Total Assets
$1,901,737
Net Assets
$1,727,252
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
CA
Principal Officer
Jing Zhang
Phone
8722670935
Tax Period
2024-01-01 to 2024-12-31

Hack the Hood Inc, founded in 2006, is a community nonprofit in the Arts, Culture & Humanities sector that reported $3.0M in total revenue in fiscal year 2024. Revenue surged 103% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.5M, a strong 49% operating margin.

Mission

Hack the Hood provides free tech education training programs to youth of color via 8 - 12 week coding and data analytics bootcamps. These youth hone their skills by creating websites for small businesses and receive career exposure and mentorship from industry professionals.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,019,902
Program Service Revenue $2,000
Investment Income $5
Other Revenue $0
TOTAL REVENUE $3,021,907

Expense Breakdown

Grants Paid $29,700
Salaries & Benefits $930,300
Fundraising Expenses $257,413
Program Expenses $1,083,171
Other Expenses $567,379
TOTAL EXPENSES $1,527,379

Year-over-Year Comparison

2024 2023 Change
Revenue $3,021,907 $1,485,470 +1.0%
Expenses $1,527,379 $1,732,385 -0.1%
Net Income $1,494,528 $-246,915 -7.1%
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

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Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
10
Employees
7
Volunteers
50

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
6
$168,090
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Samia Zuber Executive Dir. 32.00
Officer
$146,567 $17,271 $163,838
Winslow Holmes Dir. Curric Develp 32.00
$128,748 $13,414 $142,162
Jena Hayashi Sr. Dir. Develop 32.00
$128,451 $10,350 $138,801
Terrence Riley Past Exec Dir. 32.00
Officer
$1,959 $2,293 $4,252
Tony Gauda Board Chair 2.00
Officer Director
$0 $0 $0
Ken Sorey Treasurer 2.00
Officer Director
$0 $0 $0
Luther Jackson Secretary 1.00
Officer Director
$0 $0 $0
Sivan Levaton Vice Chair 2.00
Officer Director
$0 $0 $0
Patrice Berry Board Member 1.00
Director
$0 $0 $0
Tanya Caragol Board Member 1.00
Director
$0 $0 $0
Lucia Moritz Board Member 1.00
Director
$0 $0 $0
Susan Mernit Board Member 1.00
Director
$0 $0 $0
Malcolm Player Board Member 1.00
Director
$0 $0 $0
Kamal Shah Board Member 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 $3,021,907 $1,527,379 $1,901,737 $1,494,528
2023 $1,485,470 $1,732,385 $578,123 $-246,915
2022 $822,619 $1,833,085 $625,836 $-1,010,466
2021 $1,730,354 $1,311,496 $1,558,755 $418,858
2020 $1,298,816 $1,123,737 $1,273,480 $175,079
2018 $2,166,739 $1,524,104 $1,702,520 $642,635
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