Hack & Hustle Social Entrepreneur

EIN: 824105991 501(c)(3) Human Services

Charlotte, NC

Total Revenue
$7,731
Total Expenses
$9,172
Total Assets
$1,738
Net Assets
$1,738
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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
2018
Legal Domicile
NC
Principal Officer
Mahdi Chambers
Tax Period
2019-01-01 to 2019-12-31

Hack & Hustle Social Entrepreneur, founded in 2018, is a micro nonprofit in the Human Services sector that reported $8K in total revenue in fiscal year 2019. Expenses of $9K exceeded revenue, resulting in a 19% operating deficit.

Mission

To expose underserved youth to different areas of technology to enable them to pursue alternative careers in STEM and Entrepreneurship

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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 (2019)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $7,731
Investment Income $0
Other Revenue $0
TOTAL REVENUE $7,731

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $2,455
Program Expenses $5,763
Other Expenses $8,997
TOTAL EXPENSES $9,172

Year-over-Year Comparison

2019 2018 Change
Revenue $7,731 N/A N/A
Expenses $9,172 N/A N/A
Net Income $-1,441 N/A N/A
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

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Governance

Voting Members
6
Independent Members
6
Employees
N/A
Volunteers
2

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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Mahdi Chambers Executive Director 20.00
Officer
$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
2019 $7,731 $9,172 $1,738 $-1,441
2018 $2,560 No data $3,107 No data
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