Civic Intelligence

Hace

EIN 23-2142317 • 501(c)3 • Philadelphia, PA

Profile

COMMUNITY DEVELOPMENT

167 West Allegheny AvenuePhiladelphia, PA 19140

hacecdc.org

Siviq Scores

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

Liabilities / Assets

66th percentile

0.35x

Higher debt load relative to assets than 66% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

84th percentile

1.38x

Higher debt load relative to revenue than 84% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

56th percentile

7.3%

Higher net margin than 56% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

8th percentile

-14%

Faster asset growth than 8% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

7th percentile

-35%

Faster revenue growth than 7% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Down

$16,018,296

Down $2,519,247 (-14%) from 2023

Liabilities

Down

$5,583,960

Down $1,466,487 (-21%) from 2023

Net Assets

Down

$10,434,336

Down $1,052,760 (-9.2%) from 2023

Revenue

Down

$4,053,248

Down $2,230,253 (-35%) from 2023

Expenses

Up

$3,757,213

Up $484,472 (+15%) from 2023

Net Income

Down

$296,035

Down $2,714,725 (-90%) from 2023

Trend Graphs

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2011: $22,679,849Liabilities 2011: $18,279,008Net Assets 2011: $4,400,8412011Assets 2012: $16,992,972Liabilities 2012: $12,700,457Net Assets 2012: $4,292,5152012Assets 2013: $13,966,314Liabilities 2013: $9,530,411Net Assets 2013: $4,435,9032013Assets 2014: $11,535,848Liabilities 2014: $7,719,389Net Assets 2014: $3,816,4592014Assets 2015: $9,545,102Liabilities 2015: $5,648,691Net Assets 2015: $3,896,4112015Assets 2016: $8,524,627Liabilities 2016: $4,754,719Net Assets 2016: $3,769,9082016Assets 2017: $8,273,320Liabilities 2017: $4,552,586Net Assets 2017: $3,720,7342017Assets 2018: $8,721,723Liabilities 2018: $4,569,851Net Assets 2018: $4,151,8722018Assets 2019: $9,830,584Liabilities 2019: $5,135,675Net Assets 2019: $4,694,9092019Assets 2020: $10,680,874Liabilities 2020: $5,320,652Net Assets 2020: $5,360,2222020Assets 2021: $14,015,566Liabilities 2021: $7,122,311Net Assets 2021: $6,893,2552021Assets 2022: $16,605,211Liabilities 2022: $8,128,875Net Assets 2022: $8,476,3362022Assets 2023: $18,537,543Liabilities 2023: $7,050,447Net Assets 2023: $11,487,0962023Assets 2024: $16,018,296Liabilities 2024: $5,583,960Net Assets 2024: $10,434,3362024

Highlighted filing

2024

Assets$16,018,296
Liabilities$5,583,960
Net Assets$10,434,336

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $6,422,535Expenses 2011: $6,206,182Net Income 2011: $216,3532011Revenue 2012: $7,059,894Expenses 2012: $7,168,220Net Income 2012: -$108,3262012Revenue 2013: $4,743,213Expenses 2013: $4,599,825Net Income 2013: $143,3882013Revenue 2014: $3,205,658Expenses 2014: $3,277,409Net Income 2014: -$71,7512014Revenue 2015: $2,436,963Expenses 2015: $2,357,011Net Income 2015: $79,9522015Revenue 2016: $2,298,200Expenses 2016: $2,424,703Net Income 2016: -$126,5032016Revenue 2017: $1,671,317Expenses 2017: $1,720,491Net Income 2017: -$49,1742017Revenue 2018: $2,503,749Expenses 2018: $2,072,611Net Income 2018: $431,1382018Revenue 2019: $2,906,215Expenses 2019: $2,363,178Net Income 2019: $543,0372019Revenue 2020: $3,388,318Expenses 2020: $2,723,005Net Income 2020: $665,3132020Revenue 2021: $6,404,606Expenses 2021: $4,871,573Net Income 2021: $1,533,0332021Revenue 2022: $4,255,010Expenses 2022: $2,671,929Net Income 2022: $1,583,0812022Revenue 2023: $6,283,501Expenses 2023: $3,272,741Net Income 2023: $3,010,7602023Revenue 2024: $4,053,248Expenses 2024: $3,757,213Net Income 2024: $296,0352024

Highlighted filing

2024

Revenue$4,053,248
Expenses$3,757,213
Net Income$296,035

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$16.0$5.58$10.4$4.05$3.76$0.30
2023Detailed filing. Detailed filing data is available for this year.$18.5$7.05$11.5$6.28$3.27$3.01
2022Detailed filing. Detailed filing data is available for this year.$16.6$8.13$8.48$4.26$2.67$1.58
2021Detailed filing. Detailed filing data is available for this year.$14.0$7.12$6.89$6.40$4.87$1.53
2020Detailed filing. Detailed filing data is available for this year.$10.7$5.32$5.36$3.39$2.72$0.67
2019Detailed filing. Detailed filing data is available for this year.$9.83$5.14$4.69$2.91$2.36$0.54
2018Detailed filing. Detailed filing data is available for this year.$8.72$4.57$4.15$2.50$2.07$0.43
2017Detailed filing. Detailed filing data is available for this year.$8.27$4.55$3.72$1.67$1.72$0.05
2016Detailed filing. Detailed filing data is available for this year.$8.52$4.75$3.77$2.30$2.42$0.13
2015Detailed filing. Detailed filing data is available for this year.$9.55$5.65$3.90$2.44$2.36$0.08
2014Detailed filing. Detailed filing data is available for this year.$11.5$7.72$3.82$3.21$3.28$0.07
2013Summary only. Only limited summary data is available for this year.$14.0$9.53$4.44$4.74$4.60$0.14
2012Summary only. Only limited summary data is available for this year.$17.0$12.7$4.29$7.06$7.17$0.11
2011Summary only. Only limited summary data is available for this year.$22.7$18.3$4.40$6.42$6.21$0.22
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Jun 6, 2025
Return Version
2023v6.0
Gross Receipts
$4,053,248
Mission and Program Overview

Mission

COMMUNITY DEVELOPMENT

Community development, housing counseling, development of jobs along main street corridor.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$6,131,714$6,691,773▲ $560,059
Pledges and Grants Receivable$1,550,792$1,433,901▼ $116,891
Savings and Temporary Cash Investments$1,781,758$1,259,677▼ $522,081
Accounts Receivable$98,946$150,000▲ $51,054
Prepaid Expenses and Deferred Charges$63,524$26,909▼ $36,615
Total Assets$18,537,543$16,018,296▼ $2,519,247
Other Assets Total$8,910,809$6,456,036▼ $2,454,773
Liabilities
Mortgage Notes Payable Secured by Investment Property$6,346,887$4,960,760▼ $1,386,127
Accounts Payable and Accrued Expenses$442,842$514,043▲ $71,201
Other Liabilities$260,718$109,157▼ $151,561
Total Liabilities$7,050,447$5,583,960▼ $1,466,487
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$11,487,096$8,591,836▼ $2,895,260
Net Assets With Donor Restrictions-$1,842,500-
Total Net Assets Fund Balance$11,487,096$10,434,336▼ $1,052,760
Total Liabilities and Net Assets / Fund Balance$18,537,543$16,018,296▼ $2,519,247

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$5,654,524$3,679,578$9,334,102
Leasehold Improvements$927,699$800,221$1,727,920
Equipment-$229,592$229,592
Land$109,550-$109,550
Other Assets Org$109,157--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Maria GonzalezPresidentFT$181,952$17,848$199,800
Harry TapiaDirector OpeFT$111,264$9,583$120,847

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$2,836,887
Program Service Revenue
$1,038,480
Investment Income
$12,429
Other Revenue
$165,452
All Other Contributions
$1,173,014
Change in Net Assets
$296,035

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,053,248
Total Revenue per Audited Statements
$4,053,248
Total Revenue per Form 990
$4,053,248
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,147,169
Salaries, Compensation, and Employee Benefits$1,610,044
Total Fundraising Expense$21,516
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$785,558$132,984$12,980$931,522
Current Officers, Directors, Trustees, and Key Employees$268,335$61,168$4,337$333,840
Depreciation Depletion$256,833--$256,833
Payroll Taxes$122,279$123,005$3,130$248,414
Interest$213,199$8,372-$221,571
All Other Expenses$81,412$104,262-$185,674
Office Expenses$69,510$112,742-$182,252
Insurance$9,116$113,117-$122,233
Fees for Services Legal$69,373$45,093-$114,466
Other Expenses$86,608$5,448-$92,056
Other Employee Benefits$28,214$36,162$723$65,099
Fees for Services Accounting$27,121$17,629-$44,750
Pension Plan Contributions$13,508$17,315$346$31,169
Advertising$24,001$2,821-$26,822
Travel$16,607$8,721-$25,328
Conferences and Meetings$2,613$11,678-$14,291
Occupancy$9,990--$9,990
Total Functional Expenses$2,746,983$988,714$21,516$3,757,213

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,757,213
Total Expenses per Audited Statements$3,757,213
Total Expenses per Form 990$3,757,213
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Security Deposits$109,157
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The board of directors assigns first review of the 990 to the president. After the president's review the 990 is reviewed by the board of directors and subject to their approval.

Form 990, Page 6, Part VI, Line 12C

All officers, board members, committee members, and members of the organization's staff must annually provide a signed statement listing any potential conflicts. Failure to comply will result in action taken by hace's president. If any conflicts arise, the members of the board is asked to sustain in voting or related action subject to the conflict.

Form 990, Page 6, Part VI, Line 15A

The board of directors approves compensation of the president of the organization. Annually the board reviews the presidents compensation and the organization's accomplishments and determine if the presidents compensation will increase. This discussion is conducted at a closed door meeting without the presdient.

Form 990, Page 6, Part VI, Line 19

Any documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Hace
EIN
23-2142317
Phone
2154268025
Address
167 WEST ALLEGHENY AVENUE, PHILADELPHIA, PA 19140

Signing Officer

Name
Maria Gonzalez
Title
President
Phone
2154268025
Signed
2025-06-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Maria Gonzalez
Formed
1982
Legal Domicile
Pa
Voting Board Members
11
Independent Board Members
11
Employees
21

Preparer

Firm
J Miller & Associates LLC
Address
PO BOX 27308, PHILADELPHIA, PA 19118
Preparer
Joyce Miller
Phone
2156001701
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Item B

This return is amended as it was subsequently discovered that hace paid for payroll taxes for a related entity. This resulted in a reduction in payroll taxes for the current year of 33,724.

Form 990, Page 2, Part III, Line 4D

Commercial revitalization/main street program the main street program builds thriving commercial corridors or "main streets" which are critical to economically viable and healthy neighborhoods. This nationally recognized program provides a comprehensive and coordinated approach to commercial redevelopment. This program has a four-point approach which brings crucial services to residents and businesses for the creation of jobs, business attraction, and promoting the circulation of dollars within the community towards greater economic stability. Expenses 459,208. Including grants of 0. Revenue 0. Neighborhood advisory committee program the neighborhood advisory committee ("nac") program is one of the major ways that hace engages with residents in the community. Through the nac program, hace holds monthly community meetings, hosts multiple active subcommittees, and engages in various projects and activities for the benefit of the community. The greatest benefit of the nac program is the neighborhood advisory subcommittee ("nas"), a group of residents elected by their peers to represent the interests of the community. The nac is a platform by which residents can affect physical and social change through community meetings, zoning hearings, event planning, outreach, and advocacy. Expenses 114,004. Including grants of 0. Revenue 0. Livability program the hace livability academy ("academy") is a citizen's empowerment program devoted to action-based work addressing key issues identified in the hace 2025 neighborhood plan. The academy will provide instruction and interactive activities to develop skills related to community organizing, communication, conflict resolution, problem solving, and ultimately grant writing for continued sustainability. The academy is dynamic in nature as it serves as a catalyst of change empowering residents and other interested stakeholders with a comprehensive understanding of issues facing their community, resources at their disposal, and the soft skills required for leading a team through a process of community-based transformational change. The entire academy is designed to elevate residents- and stakeholders 'concern and support them as they become change agents in their neighborhood. Expenses 123,777. Including grants of 0. Revenue 0.

Financial Statement Notes

Schedule D, Page 3, Part X

Hace has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ProgSrvcAccomActy2Grp/Desc0HOUSING COUNSELING PROGRAM SERVES AS A CORE ACTIVITY BY PROVIDING A WIDE RANGE OF COMPREHENSIVE HOUSING COUNSELING SERVICES TO REDUCE HOMELESSNESS, INCREASE HOMEOWNERSHIP, PROVIDE HOUSING EDUCATION AND TO ADOVCATE FOR THE USE OF OTHER GOVERNMENT SUPPORTED HOUSING PROGRAMS.
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IRS990/ProgSrvcAccomActy3Grp/Desc0THE DEVELOPMENT PROGRAM IS RESPONSIBLE FOR THE PLANNING, REVITALIZATION, ACQUISITION AND FINANCING OF VACANT LAND AND BUILDINGS TO WORK TOWARDS STRENGTHENING THE NEIGHBORHOOD'S ECONOMY AND PHYSICAL ASSETS FOR THE DEVELOPMENT OF AFFORDABLE HOUSING, BOTH RENTAL AND HOMEOWNERSHIP FOR LOW TO MODERATE INCOME FAMILIES.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0COMMERCIAL REVITALIZATION/MAIN STREET PROGRAM THE MAIN STREET PROGRAM BUILDS THRIVING COMMERCIAL CORRIDORS OR "MAIN STREETS" WHICH ARE CRITICAL TO ECONOMICALLY VIABLE AND HEALTHY NEIGHBORHOODS. THIS NATIONALLY RECOGNIZED PROGRAM PROVIDES A COMPREHENSIVE AND COORDINATED APPROACH TO COMMERCIAL REDEVELOPMENT. THIS PROGRAM HAS A FOUR-POINT APPROACH WHICH BRINGS CRUCIAL SERVICES TO RESIDENTS AND BUSINESSES FOR THE CREATION OF JOBS, BUSINESS ATTRACTION, AND PROMOTING THE CIRCULATION OF DOLLARS WITHIN THE COMMUNITY TOWARDS GREATER ECONOMIC STABILITY. EXPENSES 459,208. INCLUDING GRANTS OF 0. REVENUE 0. NEIGHBORHOOD ADVISORY COMMITTEE PROGRAM THE NEIGHBORHOOD ADVISORY COMMITTEE ("NAC") PROGRAM IS ONE OF THE MAJOR WAYS THAT HACE ENGAGES WITH RESIDENTS IN THE COMMUNITY. THROUGH THE NAC PROGRAM, HACE HOLDS MONTHLY COMMUNITY MEETINGS, HOSTS MULTIPLE ACTIVE SUBCOMMITTEES, AND ENGAGES IN VARIOUS PROJECTS AND ACTIVITIES FOR THE BENEFIT OF THE COMMUNITY. THE GREATEST BENEFIT OF THE NAC PROGRAM IS THE NEIGHBORHOOD ADVISORY SUBCOMMITTEE ("NAS"), A GROUP OF RESIDENTS ELECTED BY THEIR PEERS TO REPRESENT THE INTERESTS OF THE COMMUNITY. THE NAC IS A PLATFORM BY WHICH RESIDENTS CAN AFFECT PHYSICAL AND SOCIAL CHANGE THROUGH COMMUNITY MEETINGS, ZONING HEARINGS, EVENT PLANNING, OUTREACH, AND ADVOCACY. EXPENSES 114,004. INCLUDING GRANTS OF 0. REVENUE 0. LIVABILITY PROGRAM THE HACE LIVABILITY ACADEMY ("ACADEMY") IS A CITIZEN'S EMPOWERMENT PROGRAM DEVOTED TO ACTION-BASED WORK ADDRESSING KEY ISSUES IDENTIFIED IN THE HACE 2025 NEIGHBORHOOD PLAN. THE ACADEMY WILL PROVIDE INSTRUCTION AND INTERACTIVE ACTIVITIES TO DEVELOP SKILLS RELATED TO COMMUNITY ORGANIZING, COMMUNICATION, CONFLICT RESOLUTION, PROBLEM SOLVING, AND ULTIMATELY GRANT WRITING FOR CONTINUED SUSTAINABILITY. THE ACADEMY IS DYNAMIC IN NATURE AS IT SERVES AS A CATALYST OF CHANGE EMPOWERING RESIDENTS AND OTHER INTERESTED STAKEHOLDERS WITH A COMPREHENSIVE UNDERSTANDING OF ISSUES FACING THEIR COMMUNITY, RESOURCES AT THEIR DISPOSAL, AND THE SOFT SKILLS REQUIRED FOR LEADING A TEAM THROUGH A PROCESS OF COMMUNITY-BASED TRANSFORMATIONAL CHANGE. THE ENTIRE ACADEMY IS DESIGNED TO ELEVATE RESIDENTS- AND STAKEHOLDERS 'CONCERN AND SUPPORT THEM AS THEY BECOME CHANGE AGENTS IN THEIR NEIGHBORHOOD. EXPENSES 123,777. INCLUDING GRANTS OF 0. REVENUE 0.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0HACE HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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