Civic Intelligence

Hatch

990 • Fiscal year 2022 • EIN 30-0261283

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 09, 2023

PO Box 6340Bozeman, MT 59771

(928) 203-6484

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

81st percentile

0.31x

Higher debt load relative to assets than 81% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

67th percentile

0.09x

Higher debt load relative to revenue than 67% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Net Margin

41st percentile

1.8%

Higher net margin than 41% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

88th percentile

$100,000

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 14.5% of source-year revenue.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Asset Growth

58th percentile

5.5%

Faster asset growth than 58% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

49th percentile

7.3%

Faster revenue growth than 49% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Up

$206,276

Up $10,781 (+5.5%) from 2021

Net Assets

Up

$142,045

Up $12,189 (+9.4%) from 2021

Liabilities

Down

$64,231

Down $1,408 (-2.1%) from 2021

Revenue

Up

$691,311

Up $47,038 (+7.3%) from 2021

Expenses

Up

$679,122

Up $54,076 (+8.7%) from 2021

Net Income

Down

$12,189

Down $7,038 (-37%) from 2021

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$300K$200K$100K$0-$100KAssets 2016: $49,465Liabilities 2016: $129,092Net Assets 2016: -$79,6272016Assets 2017: $110,830Liabilities 2017: $126,731Net Assets 2017: -$15,9012017Assets 2018: $132,538Liabilities 2018: $79,206Net Assets 2018: $53,3322018Assets 2019: $32,693Liabilities 2019: $62,503Net Assets 2019: -$29,8102019Assets 2021: $195,495Liabilities 2021: $65,639Net Assets 2021: $129,8562021Assets 2022: $206,276Liabilities 2022: $64,231Net Assets 2022: $142,0452022Assets 2023: $158,914Liabilities 2023: $60,033Net Assets 2023: $98,8812023Assets 2024: $66,538Liabilities 2024: $60,825Net Assets 2024: $5,7132024

Highlighted filing

2022

Assets$206,276
Liabilities$64,231
Net Assets$142,045

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2016: $424,864Expenses 2016: $373,578Net Income 2016: $51,2862016Revenue 2017: $597,513Expenses 2017: $533,787Net Income 2017: $63,7262017Revenue 2018: $540,954Expenses 2018: $471,721Net Income 2018: $69,2332018Revenue 2019: $553,150Expenses 2019: $636,292Net Income 2019: -$83,1422019Revenue 2021: $644,273Expenses 2021: $625,046Net Income 2021: $19,2272021Revenue 2022: $691,311Expenses 2022: $679,122Net Income 2022: $12,1892022Revenue 2023: $1,047,907Expenses 2023: $1,091,071Net Income 2023: -$43,1642023Revenue 2024: $938,576Expenses 2024: $1,031,744Net Income 2024: -$93,1682024

Highlighted filing

2022

Revenue$691,311
Expenses$679,122
Net Income$12,189
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 9, 2023
Return Version
2022v5.0
Gross Receipts
$691,311
Mission and Program Overview

Mission

Hatch is a global network of pivotal thought leaders whose collaborations result in innovations across a broad sprectrum of disciplines and industries, addressing global issues, mentoring and inspiring, all in an effort to Hatch a better world.

Hatch is a global network of pivotal thought leaders whose collaborations result in innovations across a broad spectrum of disciplines and industries, addressing global issues, mentoring and inspiring, all in an effort to Hatch a better world.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$180,166$173,112▼ $7,054
Loans From Officers Directors$17,039$17,039→ $0
Prepaid Expenses and Deferred Charges-$14,772-
Intangible Assets$6,248$3,976▼ $2,272
Land, Buildings, and Equipment, Net$2,029$3,931▲ $1,902
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Inventories for Sale or Use-$0-
Total Assets$195,495$206,276▲ $10,781
Other Assets Total$7,052$10,485▲ $3,433
Liabilities
Unsecured Notes Loans Payable$36,500$36,500→ $0
Other Liabilities$7,204$6,951▼ $253
Accounts Payable and Accrued Expenses$4,896$3,741▼ $1,155
Total Liabilities$65,639$64,231▼ $1,408
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$129,856$142,045▲ $12,189
Total Net Assets Fund Balance$129,856$142,045▲ $12,189
Total Liabilities and Net Assets / Fund Balance$195,495$206,276▲ $10,781

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings-$96,206$96,206
Equipment$3,931$6,617$10,548
Other Assets Org$210--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Yarrow KranerChairmanFT$100,000$100,000
Jared SilvermanCOOFT$80,000$80,000

Board Members and Trustees

NameTitle
Erica MackeyChairman
Otho KerrChairman
Renay LoperChairman
Susan CarstensenPresident
Elke GovertsenSecretary
Jay HirschtonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$411,739
Program Service Revenue
$274,747
Investment Income
$0
Other Revenue
$4,825
All Other Contributions
$411,739
Change in Net Assets
$12,189
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$404,295
Salaries, Compensation, and Employee Benefits$274,827
Total Fundraising Expense$2,463
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$144,000$36,000-$180,000
Occupancy$169,908--$169,908
Fees for Services Other$123,726--$123,726
Other Salaries and Wages$48,000$12,000-$60,000
Travel$46,179$11,545-$57,724
Payroll Taxes$15,333$3,833-$19,166
Other Employee Benefits$12,529$3,132-$15,661
Information Technology$6,582$1,646-$8,228
All Other Expenses$5,877$964-$6,841
Fees for Services Accounting-$6,254-$6,254
Insurance$3,979$995-$4,974
Depreciation Depletion$3,096$773-$3,869
Other Expenses$2,631$658-$3,289
Advertising--$2,463$2,463
Office Expenses$767$192-$959
Total Functional Expenses$597,257$79,402$2,463$679,122
International Activity

International Summary

Spending
$163,871

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
North AmericaProgram ServicesMexico Summit00$81,463
Middle East & North AfricaProgram ServicesEgypt Summit00$62,383
EuropeProgram ServicesEurope Summit00$20,025
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$4,825
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$17,039$17,039→ $0
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liabilities$6,951
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

990 was reviewed with board members and tax preparer to confirm understanding of the return.

Form 990, Part VI, Section B, Line 12C

Board of directors and accountants look at possible conflicts and advise.

Form 990, Part VI, Section C, Line 18

Tax return is available to the public upon request and through Guidestar

Form 990, Part VI, Section C, Line 19

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Hatch
EIN
30-0261283
Phone
9282036484
Address
PO BOX 6340, BOZEMAN, MT 59771

Signing Officer

Name
Jared Silverman
Title
COO
Signed
2023-11-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jared Silverman
Formed
2004
Legal Domicile
Mt
Voting Board Members
7
Independent Board Members
6
Employees
3
Volunteers
30

Preparer

Firm
Christine M Coubrough CPA
Address
2234 POWDER PARK CT, BOZEMAN, MT 59715
Preparer
Christine M Coubrough CPA
Phone
4065859291
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IRS990/OtherLiabilitiesGrp/BOYAmt07204
IRS990/OtherLiabilitiesGrp/EOYAmt06951
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt012000
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt048000
IRS990/OtherSalariesAndWagesGrp/TotalAmt060000
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03833
IRS990/PayrollTaxesGrp/ProgramServicesAmt015333
IRS990/PayrollTaxesGrp/TotalAmt019166
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt014772
IRS990/PrincipalOfficerNm0Jared Silverman
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0HATCH TICKET FEES
IRS990/ProgramServiceRevenueGrp/Desc1OTHER PROGRAM INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0274247
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1500
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0274247
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1500
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0546682
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0331803
IRS990/PYOtherRevenueAmt02396
IRS990/PYProgramServiceRevenueAmt095195
IRS990/PYRevenuesLessExpensesAmt019227
IRS990/PYSalariesCompEmpBnftPaidAmt0293243
IRS990/PYTotalExpensesAmt0625046
IRS990/PYTotalRevenueAmt0644273
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt012189
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0691311
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt0254500
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt085500
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt070000
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IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt0691118
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0417064
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0554078
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0274058
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0247730
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0139545
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01632475
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0274247
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt090195
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0305420
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0401409
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01235297
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.04330
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.75900
IRS990ScheduleA/PublicSupportPY509Pct00.77870
IRS990ScheduleA/PublicSupportTotal509Amt02176654
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt0254500
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt085500
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt070000
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IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt0134618
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0691118
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0438084
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0553150
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0540954
IRS990ScheduleA/Total509Grp/TotalAmt02867772
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0691311
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0644273
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IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02867772
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt03931
IRS990ScheduleD/EquipmentGrp/DepreciationAmt06617
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt010548
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt010274
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt11
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2210
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Credit Card Receivable
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Rounding
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2Undeposited Funds
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt096206
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt096206
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt06951
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Payroll Liabilities
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03931
IRS990ScheduleD/TotalBookValueOtherAssetsAmt010485
IRS990ScheduleD/TotalLiabilityAmt06951
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt00
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IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt20
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt10
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt20
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt062383
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt181463
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt220025
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0MIDDLE EAST & NORTH AFRICA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt1NORTH AMERICA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt2EUROPE
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0EGYPT SUMMIT
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt1MEXICO SUMMIT

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