Hack the Bay Foundation (EIN 813117444) - 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

2016

Legal Domicile

Principal Officer

Paarin Rastogi

Phone

6692254117

Tax Period

2024-06-01 to 2025-05-31

Hack the Bay Foundation, founded in 2016, is a community nonprofit in the Education sector that reported $1.2M in total revenue in fiscal year 2024. Revenue surged 212% from the prior year, signaling strong growth momentum. The organization ran a surplus of $319K, a strong 26% operating margin.

Mission

Our mission is to empower others with technology to create solutions to better the world.We aim to promote computer science education among undergraduate and graduate students.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,241,703

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,241,703

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $922,773

Other Expenses $922,773

TOTAL EXPENSES $922,773

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,241,703	$397,948	+2.1%
Expenses	$922,773	$324,392	+1.8%
Net Income	$318,930	$73,556	+3.3%

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

N/A

Volunteers

100

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
Flora Wang	President	10.00	Officer Director	$0	$0	$0
SAM PODER	Secretary	10.00	Officer Director	$0	$0	$0
Paarin Rastogi	Treasurer	10.00	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
2025	$1,241,703	$922,773	$218,596	$318,930
2024	$397,948	$324,392	$147,738	$73,556
2023	$213,675	$250,487	$206,867	$-36,812
2020	$246,380	$318,421	$26,525	$-72,041
2019	$232,500	$183,818	$94,160	$48,682
2018	$252,299	$259,845	$45,478	$-7,546

Hack the Bay Foundation