Civic Intelligence

Hatch Detroit

990EZ • Fiscal year 2012 • EIN 45-2450389

Jan 01, 2012 to Dec 31, 2012 • Filed on May 15, 2013

Organization Profilewww.hatchdetroit.com
1591 Webster48009
Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

56th percentile

5.4%

Higher net margin than 56% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

63rd percentile

8.9%

Faster asset growth than 63% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Annualized from 2011 to 2012

Revenue Growth

85th percentile

47%

Faster revenue growth than 85% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Annualized from 2011 to 2012

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$81,346

Up $6,664 (+8.9%) from 2011

Net Assets

$81,346

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin56th percentile

Revenue

Up

$123,240

Up $39,349 (+47%) from 2011

Expenses

Up

$116,576

Up $107,368 (+1166%) from 2011

Net Income

Down

$6,664

Down $68,019 (-91%) from 2011

Historical Trend

Balance Sheet Trend

Asset Growth63rd percentile

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

$200K$150K$100K$50K$0Assets 2011: $74,682Liabilities 2011: $02011Assets 2012: $81,346Net Assets 2012: $81,3462012Assets 2013: $58,557Net Assets 2013: $58,5572013Assets 2014: $156,299Liabilities 2014: $0Net Assets 2014: $156,2992014Assets 2015: $165,742Liabilities 2015: $0Net Assets 2015: $165,7422015Assets 2016: $179,638Liabilities 2016: $0Net Assets 2016: $179,6382016Assets 2017: $107,693Liabilities 2017: $0Net Assets 2017: $107,6932017Assets 2018: $90,195Liabilities 2018: $0Net Assets 2018: $90,1952018Assets 2019: $53,748Liabilities 2019: $0Net Assets 2019: $53,7482019Assets 2020: $94,941Liabilities 2020: $0Net Assets 2020: $94,9412020Assets 2021: $179,648Liabilities 2021: $71,460Net Assets 2021: $108,1882021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022

Highlighted filing

2012

Assets$81,346
Liabilities-
Net Assets$81,346
Open 2012 Filing

Operations Trend

Revenue Growth85th percentile

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

$600K$400K$200K$0-$200KRevenue 2011: $83,891Expenses 2011: $9,208Net Income 2011: $74,6832011Revenue 2012: $123,240Expenses 2012: $116,576Net Income 2012: $6,6642012Revenue 2013: $190,491Expenses 2013: $213,280Net Income 2013: -$22,7892013Revenue 2014: $407,598Expenses 2014: $318,227Net Income 2014: $89,3712014Revenue 2015: $316,148Expenses 2015: $306,705Net Income 2015: $9,4432015Revenue 2016: $50,906Expenses 2016: $37,010Net Income 2016: $13,8962016Revenue 2017: $192,207Expenses 2017: $264,152Net Income 2017: -$71,9452017Revenue 2018: $192,358Expenses 2018: $209,856Net Income 2018: -$17,4982018Revenue 2019: $197,866Expenses 2019: $234,313Net Income 2019: -$36,4472019Revenue 2020: $259,451Expenses 2020: $218,258Net Income 2020: $41,1932020Revenue 2021: $231,328Expenses 2021: $218,081Net Income 2021: $13,2472021Revenue 2022: $78,233Expenses 2022: $197,916Net Income 2022: -$119,6832022

Highlighted filing

2012

Revenue$123,240
Expenses$116,576
Net Income$6,664
Open 2012 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
May 15, 2013
Return Version
2012v2.0
Mission and Program Overview

Mission

Assist entrepreneurs in Detroit with cash funding, store renovation costs, education, etc.

Filing and Contact Details

Filer

EIN
45-2450389
Raw XML Appendix129 raw XML fields

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

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRpt0false
IRS990EZ/CashSavingsAndInvestments/BOY074682
IRS990EZ/CashSavingsAndInvestments/EOY081346
IRS990EZ/ContributionsGiftsGrantsEtc0123240
IRS990EZ/CostOfGoodsSold00
IRS990EZ/CostOtherBasisAndSalesExpenses00
IRS990EZ/DidOrgFileForm1120POLThisYear0false
IRS990EZ/DoesOrgHaveHospital0false
IRS990EZ/EngagedInExcessBenefitTrans0false
IRS990EZ/EngageInLobbyingActivities0false
IRS990EZ/EngagePoliticalCmpgnActivities0false
IRS990EZ/ExcessOrDeficitForYear06664
IRS990EZ/FeesAndOthPymtToIndContractors04250
IRS990EZ/ForeignFinancialAccount0false
IRS990EZ/ForeignOffice0false
IRS990EZ/FundraisingGrossIncome00
IRS990EZ/GainOrLossFromSaleOfAssets00
IRS990EZ/GamingGrossIncome00
IRS990EZ/GrantsAndSimilarAmountsPaid065000
IRS990EZ/GroProfitLossSalesOfInventory00
IRS990EZ/GrossReceipts0123240
IRS990EZ/InfoInScheduleOPartI0X
IRS990EZ/InvestmentIncome00
IRS990EZ/MadeChangesToOrgnzngEtcDoc0false
IRS990EZ/MadeLoansToFromOfficers0false
IRS990EZ/MaintainAnyDonorAdvisedFunds0false
IRS990EZ/MembershipDues00
IRS990EZ/MethodOfAccountingCash0X
IRS990EZ/NetAssetsOrFundBalances/BOY074682
IRS990EZ/NetAssetsOrFundBalancesBOY074682
IRS990EZ/NetAssetsOrFundBalances/EOY081346
IRS990EZ/NetAssetsOrFundBalancesEOY081346
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition020.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition120.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation10
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName0THEODORE BALOWSKI
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName1NICHOLAS GORGA
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title0Co-Chairman
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title1Co-Chairman
IRS990EZ/OperatingSchool0false
IRS990EZ/Organization501c30X
IRS990EZ/OrganizationDissolvedEtc0false
IRS990EZ/OrganizationHadUBI0false
IRS990EZ/OtherExpensesTotal016869
IRS990EZ/PartVIAHghstPaidCntrctProfSer0NONE
IRS990EZ/PartVIOfCompOfHighestPaidEmpl0NONE
IRS990EZ/PrimaryExemptPurpose0Assist entrepreneurs in Detroit (funding, education, etc.)
IRS990EZ/PrintingPublicationsPostage08343
IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom0Hatch Detroit Retail Contest - each year, we execute a retail business contest that the public selects the winner through a voting process. The winner receives installment payments equaling a total of $50,000 in a cash grant to open a retail storefront business. Grants were made to the 2011 and 2012 winners in 2012.
IRS990EZ/ProgramServiceAccomplishment/GrantsAndAllocations065000
IRS990EZ/ProgramServiceAccomplishment/ProgramServiceExpenses0116576
IRS990EZ/ProgramServiceRevenue00
IRS990EZ/ProhibitedTaxShelterTrans0false
IRS990EZ/RelatedOrgControlledEntity0false
IRS990EZ/SalariesOtherCompEmplBenefits022114
IRS990EZ/SpecialEventsDirectExpenses00
IRS990EZ/SpecialEventsNetIncomeLoss00
IRS990EZ/StatesWhereCopyOfReturnIsFiled0MI
IRS990EZ/SubjectToProxyTax0false
IRS990EZ/TanningServicesProvided0false
IRS990EZ/TheBooksAreInCareOf/AddressUS/AddressLine101591 WEBSTER
IRS990EZ/TheBooksAreInCareOf/AddressUS/City0BIRMINGHAM
IRS990EZ/TheBooksAreInCareOf/AddressUS/State0MI
IRS990EZ/TheBooksAreInCareOf/AddressUS/ZIPCode048009
IRS990EZ/TheBooksAreInCareOf/NamePerson0THEODORE BALOWSKI
IRS990EZ/TheBooksAreInCareOf/TelephoneNumber02483769040
IRS990EZ/TotalAssets/BOY074682
IRS990EZ/TotalAssets/EOY081346
IRS990EZ/TotalExpenses0116576
IRS990EZ/TotalProgramServiceExpenses0116576
IRS990EZ/TotalRevenue0123240
IRS990EZ/TransactionWithControlEntity0false
IRS990EZ/TrnsfrsExemptNonCharRelatedOrg0false
IRS990EZ/WebSite0www.hatchdetroit.com
IRS990ScheduleA/First5Years1700X
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYear0123240
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus1Year083891
IRS990ScheduleA/GiftsGrantsContribReceived170/Total0207131
IRS990ScheduleA/GrossInvestmentIncome170/Total00
IRS990ScheduleA/InvestmentIncomePercentage00
IRS990ScheduleA/PubliclySupportedOrg170b1Avi0X
IRS990ScheduleA/PublicSupportPercentage50900
IRS990ScheduleA/PublicSupportPertcentage17000
IRS990ScheduleA/PublicSupportTotal1700207131
IRS990ScheduleA/PublicSupportTotal50900
IRS990ScheduleA/Total170/CurrentTaxYear0123240
IRS990ScheduleA/Total170/CurrentTaxYearMinus1Year083891
IRS990ScheduleA/Total170/Total0207131
IRS990ScheduleA/TotalSupport0207131
IRS990ScheduleB/ContributorInfo/AggregateContributions0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/City0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/State0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorNameBusiness/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorNumber0RESTRICTED
IRS990ScheduleO/GeneralExplanation/Explanation0INSTALLMENT PAYMENTS TO 2011 HATCH DETROIT CONTEST WINNER CONTEST WINNER HUGH 1, INC. NONE 50000. INSTALLMENT PAYMENTS TO 2012 HATCH DETROIT CONTEST WINNER CONTEST WINNER DUENDE, LLC NONE 15000.
IRS990ScheduleO/GeneralExplanation/Explanation1BANK FEES 793. OFFICE EXPENSES 2042. WEBSITE / TECHNOLOGY EXPENSES 7044. PROGRAM AND EVENT EXPENSES 6990.
IRS990ScheduleO/GeneralExplanation/Identifier0Form 990EZ, Part I, Line 10
IRS990ScheduleO/GeneralExplanation/Identifier1Form 990EZ, Part I, Line 16
ReturnHeader/BuildTS02016-02-24 21:20:13Z
ReturnHeader/Filer/EIN0452450389
ReturnHeader/Filer/Name/BusinessNameLine10HATCH DETROIT
ReturnHeader/Filer/NameControl0HATC
ReturnHeader/Filer/Phone02483769040
ReturnHeader/Filer/USAddress/AddressLine101591 WEBSTER
ReturnHeader/Filer/USAddress/City0BIRMINGHAM
ReturnHeader/Filer/USAddress/State0MI
ReturnHeader/Filer/USAddress/ZIPCode048009
ReturnHeader/Officer/DateSigned02013-05-15
ReturnHeader/Officer/Name0THEODORE BALOWSKI
ReturnHeader/Officer/Phone02483769040
ReturnHeader/Officer/Title0CO-CHAIRMAN
ReturnHeader/Preparer/DatePrepared02013-05-15
ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine10MICHAEL J MACAVAGE
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine1031087 CEDAR RIDGE LN
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City0MADISON HEIGHTS
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State0MI
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode0480711999
ReturnHeader/Preparer/Name0MICHAEL J MACAVAGE
ReturnHeader/Preparer/Phone02483218762
ReturnHeader/Preparer/SelfEmployed0X
ReturnHeader/ReturnType0990EZ
ReturnHeader/TaxPeriodBeginDate02012-01-01
ReturnHeader/TaxPeriodEndDate02012-12-31
ReturnHeader/TaxYear02012
ReturnHeader/Timestamp02013-05-15T16:06:06-07:00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2012 • Form 990EZFacts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$81,346
Liabilities
-
Net assets
$81,346
Revenue
$123,240
Expenses
$116,576
Net income
$6,664
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.78$1.98$1.20
2021Detailed filing. Detailed filing data is available for this year.$1.80$0.71$1.08$2.31$2.18$0.13
2020Detailed filing. Detailed filing data is available for this year.$0.95$0.00$0.95$2.59$2.18$0.41
2019Detailed filing. Detailed filing data is available for this year.$0.54$0.00$0.54$1.98$2.34$0.36
2018Detailed filing. Detailed filing data is available for this year.$0.90$0.00$0.90$1.92$2.10$0.17
2017Detailed filing. Detailed filing data is available for this year.$1.08$0.00$1.08$1.92$2.64$0.72
2016Summary only. Only limited summary data is available for this year.$1.80$0.00$1.80$0.51$0.37$0.14
2015Detailed filing. Detailed filing data is available for this year.$1.66$0.00$1.66$3.16$3.07$0.09
2014Detailed filing. Detailed filing data is available for this year.$1.56$0.00$1.56$4.08$3.18$0.89
2013Detailed filing. Detailed filing data is available for this year.$0.59$0.59$1.90$2.13$0.23
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.81$0.81$1.23$1.17$0.07
2011Summary only. Only limited summary data is available for this year.$0.75$0.00$0.84$0.09$0.75