HATCH INC (EIN 823274925) - 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

2017

Legal Domicile

Principal Officer

DANNY LECKIE

Phone

3173313364

Tax Period

2024-01-01 to 2024-12-31

HATCH INC, founded in 2017, is a community nonprofit in the Food, Agriculture & Nutrition sector that reported $4.6M in total revenue in fiscal year 2024. Revenue surged 40% from the prior year, signaling strong growth momentum. Expenses of $4.2M left a modest 7% surplus.

Mission

HATCH FOR HUNGER CONNECTS ANIMAL PROTEIN COMPANIES WITH FOOD BANKS AND PANTRIES TO PROVIDE QUALITY PROTEIN TO NUTRITION INSECURE NEIGHBORS. IN 2024, WE DELIVERED 11M DOZEN EGGS AND 5M LBS OF CHICKEN, TURKEY AND PORK TO 100+ FOOD BANKS IN 38 STATES.

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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 $3,103,133

Program Service Revenue $0

Investment Income $2

Other Revenue $1,455,859

TOTAL REVENUE $4,558,994

Expense Breakdown

Grants Paid $2,958,100

Salaries & Benefits $722,843

Fundraising Expenses $180,330

Program Expenses $3,338,867

Other Expenses $538,622

TOTAL EXPENSES $4,219,565

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,558,994	$3,259,356	+0.4%
Expenses	$4,219,565	$3,448,709	+0.2%
Net Income	$339,429	$-189,353	-2.8%

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

$409,228

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEFF SIMMONS	CHAIR	2.00	Officer Director	$0	$0	$0
TIM HASSINGER	VICE CHAIR	2.00	Officer Director	$0	$0	$0
ALAN DORANTES	BOARD MEMBER	2.00	Director	$0	$0	$0
BAILEY RAYFORD	BOARD MEMBER	2.00	Director	$0	$0	$0
MITCH FRAZIER	BOARD MEMBER	2.00	Director	$0	$0	$0
TONY WESNER	BOARD MEMBER	2.00	Director	$0	$0	$0
SAM KROUSE	BOARD MEMBER	2.00	Director	$0	$0	$0
MICHAEL SARGENT	BOARD MEMBER	2.00	Director	$0	$0	$0
JAMIE SCARCELLI	BOARD MEMBER	2.00	Director	$0	$0	$0
MARCUS RUST	BOARD MEMBER (TERM ENDED 12/6/24)	2.00	Director	$0	$0	$0
RANDALL REICHMANN	CFO/TREASURER	40.00	Officer	$82,867	$6,180	$89,047
DANIEL LECKIE	ED/SECRETARY	40.00	Officer	$290,801	$29,380	$320,181

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	$4,558,994	$4,219,565	$1,598,773	$339,429
2023	$3,259,356	$3,448,709	$807,473	$-189,353
2022	$3,737,704	$3,607,979	$564,003	$129,725
2021	$734,387	$824,802	$142,528	$-90,415
2020	$481,369	$402,002	$154,733	$79,367

HATCH INC