Civic Intelligence

Hatch Detroit

990EZ • Fiscal year 2013 • EIN 45-2450389

Jan 01, 2013 to Dec 31, 2013 • Filed on Jun 23, 2014

Organization Profilewww.hatchdetroit.com
1591 Webster48009

(248) 376-9040

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 2013

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2013

Net Margin

22nd percentile

-12%

Higher net margin than 22% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Top Officer Pay

89th percentile

$36,786

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 19.3% of source-year revenue.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Asset Growth

16th percentile

-28%

Faster asset growth than 16% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

Revenue Growth

86th percentile

55%

Faster revenue growth than 86% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$58,557

Down $22,789 (-28%) from 2012

Net Assets

Down

$58,557

Down $22,789 (-28%) from 2012

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin22nd percentile

Revenue

Up

$190,491

Up $67,251 (+55%) from 2012

Expenses

Up

$213,280

Up $96,704 (+83%) from 2012

Net Income

Down

-$22,789

Down $29,453 (-442%) from 2012

Historical Trend

Balance Sheet Trend

Asset Growth16th 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

2013

Assets$58,557
Liabilities-
Net Assets$58,557
Open 2013 Filing

Operations Trend

Revenue Growth86th 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

2013

Revenue$190,491
Expenses$213,280
Net Income-$22,789
Open 2013 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Jun 23, 2014
Return Version
2013v3.1
Gross Receipts
$190,491
Mission and Program Overview

Mission

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

Program Services

DescriptionGrantsExpenses
Hatch 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.$70,025$120,947
HATCH DETROIT NEIGHBORHOOD INITIATIVE - HELP EXISTING BUSINESSES, AND BRING AWARENESS TO SIX HISTORICALLY IMPORTANT NEIGHBORHOODS AROUND THE CITY.-$37,476
Compensation and Service Providers
Top Officer Pay89th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
VITTORIA KATANSKIDirectorPT$36,786-$36,786
THEODORE BALOWSKICo-ChairmanPT$0--
NICHOLAS GORGACo-ChairmanPT$0--
Filing and Contact Details

Filer

EIN
45-2450389
Phone
2483769040

Signing Officer

Name
Theodore Balowski
Title
Co-chairman
Phone
2483769040
Signed
2014-06-23

Preparer

Preparer
Michael J Macavage
Phone
2483218762
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 10

“Installment payments to 2012 hatch detroit contest winner contest winner duende, llc none 35000. Installment payments to 2013 hatch detroit contest winner contest winner batch brewing company none 25025. Payment to fund operating activities hatch contest detroit institute of bagels none 10000.”

Form 990EZ, Part I, Line 16

“Insurance 1259. Office expenses 6384. Website / technology expenses 21532. Program and event expenses 15133. Bank fees 1366.”

Raw XML Appendix139 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
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IRS990EZ/BooksInCareOfDetail/PersonNm0THEODORE BALOWSKI
IRS990EZ/BooksInCareOfDetail/PhoneNum02483769040
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine101591 Webster
IRS990EZ/BooksInCareOfDetail/USAddress/City0Birmingham
IRS990EZ/BooksInCareOfDetail/USAddress/State0MI
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCode048009
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt081346
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt058557
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IRS990EZ/ContributionsGiftsGrantsEtcAmt0190491
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IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-22789
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt019673
IRS990EZ/ForeignFinancialAccountInd0false
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IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt081346
IRS990EZ/Form990TotalAssetsGrp/EOYAmt058557
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt070025
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt0190491
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt081346
IRS990EZ/NetAssetsOrFundBalancesEOYAmt058557
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt081346
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt058557
IRS990EZ/OccupancyRentUtltsAndMaintAmt06212
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt020.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt120.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt230.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt236786
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0THEODORE BALOWSKI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1NICHOLAS GORGA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2VITTORIA KATANSKI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Co-Chairman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Co-Chairman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt045674
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Assist entrepreneurs in Detroit with cash funding, store renovation costs, education, etc.
IRS990EZ/PrintingPublicationsPostageAmt04784
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Hatch 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/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1HATCH DETROIT NEIGHBORHOOD INITIATIVE - HELP EXISTING BUSINESSES, AND BRING AWARENESS TO SIX HISTORICALLY IMPORTANT NEIGHBORHOODS AROUND THE CITY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt070025
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0120947
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt137476
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt066912
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MI
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0213280
IRS990EZ/TotalProgramServiceExpensesAmt0158423
IRS990EZ/TotalRevenueAmt0190491
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationTrustInd0X
IRS990EZ/WebsiteAddressTxt0www.hatchdetroit.com
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0190491
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0123240
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt083891
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0397622
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal170Amt0397622
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0190491
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0123240
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt083891
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0397622
IRS990ScheduleA/TotalSupportAmt0397622
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0INSTALLMENT PAYMENTS TO 2012 HATCH DETROIT CONTEST WINNER CONTEST WINNER DUENDE, LLC NONE 35000. INSTALLMENT PAYMENTS TO 2013 HATCH DETROIT CONTEST WINNER CONTEST WINNER BATCH BREWING COMPANY NONE 25025. PAYMENT TO FUND OPERATING ACTIVITIES HATCH CONTEST DETROIT INSTITUTE OF BAGELS NONE 10000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1INSURANCE 1259. OFFICE EXPENSES 6384. WEBSITE / TECHNOLOGY EXPENSES 21532. PROGRAM AND EVENT EXPENSES 15133. BANK FEES 1366.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/PersonNm0THEODORE BALOWSKI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CO-CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum02483769040
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-06-23
ReturnHeader/Filer/BusinessName/BusinessNameLine10Hatch Detroit
ReturnHeader/Filer/BusinessNameControlTxt0HATC
ReturnHeader/Filer/EIN0452450389
ReturnHeader/Filer/PhoneNum02483769040
ReturnHeader/Filer/USAddress/AddressLine101591 Webster
ReturnHeader/Filer/USAddress/City0Birmingham
ReturnHeader/Filer/USAddress/State0MI
ReturnHeader/Filer/USAddress/ZIPCode048009
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10MICHAEL J MACAVAGE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1031087 CEDAR RIDGE LN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0MADISON HEIGHTS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode0480711999
ReturnHeader/PreparerPersonGrp/PhoneNum02483218762
ReturnHeader/PreparerPersonGrp/PreparationDt02014-06-23
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL J MACAVAGE
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02014-06-23T10:33:48-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02013-01-01
ReturnHeader/TaxPeriodEndDt02013-12-31
ReturnHeader/TaxYr02013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2013 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$58,557
Liabilities
-
Net assets
$58,557
Revenue
$190,491
Expenses
$213,280
Net income
-$22,789
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