Civic Intelligence

Hanac Inc

EIN 11-2290832 • 501(c)3 • Astoria, NY

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TO DEVELOP, IMPLEMENT AND ADMINISTER VARIOUS SERVICES FOR THE BETTERMENT OF THE GENERAL COMMUNITY INCLUDING SOCIAL, EDUCATIONAL, EMPLOYMENT TRAINING, MENTAL HEALTH, CULTURAL, CHILD CARE, HOUSING, HOME CARE FOR SENIOR CITIZENS, AND YOUTH SERVICES, TO ANY AND ALL WHO ARE NEEDY WITHOUT DISCRIMINATION AS TO RACE, CREED, NATIONAL ORIGIN OR OTHER DEFINING CHARACTERISTIC, AND TO WORK CLOSELY WITH OTHER SERVICE PROVIDERS, THE CITY, STATE AND FEDERAL GOVERNMENT FOR THE BETTERMENT OF THE COMMUNITY.

27-40 Hoyt Avenue South 2nd FloorAstoria, NY 11102

www.hanac.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

79th percentile

0.61x

Higher debt load relative to assets than 79% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2023

Liabilities / Revenue

77th percentile

0.96x

Higher debt load relative to revenue than 77% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2023

Net Margin

47th percentile

3.3%

Higher net margin than 47% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2023

Top Officer Pay

75th percentile

$175,840

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 1.2% of source-year revenue.

501(c)3 • $25M-$50M nonprofits • Source year 2018

Asset Growth

42nd percentile

3.4%

Faster asset growth than 42% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2022 to 2023

Revenue Growth

19th percentile

-8.3%

Faster revenue growth than 19% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets79th percentile

Assets

Up

$29,101,730

Up $955,224 (+3.4%) from 2022

Liabilities

Up

$17,859,720

Up $331,365 (+1.9%) from 2022

Net Assets

Up

$11,242,010

Up $623,859 (+5.9%) from 2022

Operations
Liabilities / Revenue77th percentileNet Margin47th percentile

Revenue

Down

$18,684,279

Down $1,689,909 (-8.3%) from 2022

Expenses

Up

$18,065,917

Up $1,646,241 (+10%) from 2022

Net Income

Down

$618,362

Down $3,336,150 (-84%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth42nd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30M$20M$10M$0Assets 2011: $16,288,594Liabilities 2011: $10,603,805Net Assets 2011: $5,684,7892011Assets 2012: $19,122,653Liabilities 2012: $13,100,823Net Assets 2012: $6,021,8302012Assets 2013: $19,279,934Liabilities 2013: $13,984,029Net Assets 2013: $5,295,9052013Assets 2014: $19,380,597Liabilities 2014: $13,897,629Net Assets 2014: $5,482,9682014Assets 2015: $20,547,477Liabilities 2015: $15,466,518Net Assets 2015: $5,080,9592015Assets 2016: $21,039,172Liabilities 2016: $16,517,745Net Assets 2016: $4,521,4272016Assets 2017: $21,309,190Liabilities 2017: $15,271,862Net Assets 2017: $6,037,3282017Assets 2018: $22,912,824Liabilities 2018: $16,453,770Net Assets 2018: $6,459,0542018Assets 2019: $23,068,383Liabilities 2019: $15,857,296Net Assets 2019: $7,211,0872019Assets 2020: $25,016,203Liabilities 2020: $17,327,358Net Assets 2020: $7,688,8452020Assets 2021: $24,898,755Liabilities 2021: $18,175,523Net Assets 2021: $6,723,2322021Assets 2022: $28,146,506Liabilities 2022: $17,528,355Net Assets 2022: $10,618,1512022Assets 2023: $29,101,730Liabilities 2023: $17,859,720Net Assets 2023: $11,242,0102023

Highlighted filing

2023

Assets$29,101,730
Liabilities$17,859,720
Net Assets$11,242,010
Open 2023 Filing

Operations Trend

Revenue Growth19th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$30M$20M$10M$0-$10MExpenses 2011: $13,228,8572011Expenses 2012: $16,343,9992012Expenses 2013: $11,182,9332013Revenue 2014: $10,116,841Expenses 2014: $9,929,778Net Income 2014: $187,0632014Revenue 2015: $11,173,678Expenses 2015: $11,559,211Net Income 2015: -$385,5332015Revenue 2016: $11,721,539Expenses 2016: $12,285,464Net Income 2016: -$563,9252016Revenue 2017: $14,529,724Expenses 2017: $13,048,966Net Income 2017: $1,480,7582017Revenue 2018: $14,225,391Expenses 2018: $13,861,817Net Income 2018: $363,5742018Revenue 2019: $15,105,505Expenses 2019: $14,367,610Net Income 2019: $737,8952019Revenue 2020: $13,648,020Expenses 2020: $13,142,560Net Income 2020: $505,4602020Revenue 2021: $13,915,261Expenses 2021: $14,989,400Net Income 2021: -$1,074,1392021Revenue 2022: $20,374,188Expenses 2022: $16,419,676Net Income 2022: $3,954,5122022Revenue 2023: $18,684,279Expenses 2023: $18,065,917Net Income 2023: $618,3622023

Highlighted filing

2023

Revenue$18,684,279
Expenses$18,065,917
Net Income$618,362
Open 2023 Filing

Filings

Most recent year

2023 • Form 990Summary only. Only limited summary data is available for this year.

Open filing
Assets
$29,101,730
Liabilities
$17,859,720
Net assets
$11,242,010
Revenue
$18,684,279
Expenses
$18,065,917
Net income
$618,362
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$29.1$17.9$11.2$18.7$18.1$0.62
2022Summary only. Only limited summary data is available for this year.$28.1$17.5$10.6$20.4$16.4$3.95
2021Summary only. Only limited summary data is available for this year.$24.9$18.2$6.72$13.9$15.0$1.07
2020Summary only. Only limited summary data is available for this year.$25.0$17.3$7.69$13.6$13.1$0.51
2019Summary only. Only limited summary data is available for this year.$23.1$15.9$7.21$15.1$14.4$0.74
2018Summary only. Only limited summary data is available for this year.$22.9$16.5$6.46$14.2$13.9$0.36
2017Summary only. Only limited summary data is available for this year.$21.3$15.3$6.04$14.5$13.0$1.48
2016Summary only. Only limited summary data is available for this year.$21.0$16.5$4.52$11.7$12.3$0.56
2015Summary only. Only limited summary data is available for this year.$20.5$15.5$5.08$11.2$11.6$0.39
2014Summary only. Only limited summary data is available for this year.$19.4$13.9$5.48$10.1$9.93$0.19
2013Summary only. Only limited summary data is available for this year.$19.3$14.0$5.30$11.2
2012Summary only. Only limited summary data is available for this year.$19.1$13.1$6.02$16.3
2011Summary only. Only limited summary data is available for this year.$16.3$10.6$5.68$13.2
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)3 • $25M-$50M nonprofits