Civic Intelligence

Hackreduce Inc C/O Chris Lynch

990EZ • Fiscal year 2019 • EIN 45-5290831

Jan 01, 2019 to Dec 31, 2019 • Filed on Mar 01, 2020

Organization ProfileHACK/REDUCE.ORG
35 Jason StreetArlington, MA 02476-6446

(617) 856-8160

Siviq Scores

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

Liabilities / Assets

99th percentile

15.78x

Higher debt load relative to assets than 99% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2019

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

9th percentile

-50%

Faster asset growth than 9% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

1st percentile

-100%

Faster revenue growth than 1% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets99th percentile

Assets

Down

$11,012

Down $11,166 (-50%) from 2018

Net Assets

Down

-$162,722

Down $10,318 (-6.8%) from 2018

Liabilities

Down

$173,734

Down $848 (-0.5%) from 2018

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

Down

$0

Down $253,040 (-100%) from 2018

Expenses

Down

$10,318

Down $245,477 (-96%) from 2018

Net Income

Down

-$10,318

Down $7,563 (-275%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth9th percentile

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

$200K$100K$0-$100K-$200KAssets 2012: $124,680Liabilities 2012: $71,617Net Assets 2012: $53,0632012Assets 2013: $148,629Liabilities 2013: $86,230Net Assets 2013: $62,3992013Assets 2014: $81,042Liabilities 2014: $184,3722014Assets 2016: $35,419Liabilities 2016: $184,8412016Assets 2017: $24,085Liabilities 2017: $173,7342017Assets 2018: $22,178Liabilities 2018: $174,582Net Assets 2018: -$152,4042018Assets 2019: $11,012Liabilities 2019: $173,734Net Assets 2019: -$162,7222019Assets 2020: $7,112Liabilities 2020: $174,711Net Assets 2020: -$167,5992020Assets 2021: $4,647Liabilities 2021: $175,688Net Assets 2021: -$171,0412021Assets 2022: $10,855Liabilities 2022: $173,734Net Assets 2022: -$162,8792022Assets 2023: $47,418Liabilities 2023: $184,971Net Assets 2023: -$137,5532023Assets 2024: $103,079Liabilities 2024: $6,000Net Assets 2024: $97,0792024Assets 2025: $115,139Liabilities 2025: $595Net Assets 2025: $114,5442025

Highlighted filing

2019

Assets$11,012
Liabilities$173,734
Net Assets-$162,722
Open 2019 Filing

Operations Trend

Revenue Growth1st percentile

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

$600K$400K$200K$0-$200KRevenue 2012: $240,000Expenses 2012: $186,937Net Income 2012: $53,0632012Revenue 2013: $342,194Expenses 2013: $332,858Net Income 2013: $9,3362013Revenue 2014: $50,750Expenses 2014: $216,479Net Income 2014: -$165,7292014Revenue 2016: $9,824Expenses 2016: $60,360Net Income 2016: -$50,5362016Revenue 2017: $22,519Expenses 2017: $22,746Net Income 2017: -$2272017Revenue 2018: $253,040Expenses 2018: $255,795Net Income 2018: -$2,7552018Revenue 2019: $0Expenses 2019: $10,318Net Income 2019: -$10,3182019Revenue 2020: $12,451Expenses 2020: $17,328Net Income 2020: -$4,8772020Revenue 2021: $0Expenses 2021: $3,442Net Income 2021: -$3,4422021Revenue 2022: $264,665Expenses 2022: $256,503Net Income 2022: $8,1622022Revenue 2023: $305,945Expenses 2023: $280,568Net Income 2023: $25,3772023Revenue 2024: $456,714Expenses 2024: $222,082Net Income 2024: $234,6322024Revenue 2025: $29,575Expenses 2025: $12,110Net Income 2025: $17,4652025

Highlighted filing

2019

Revenue$0
Expenses$10,318
Net Income-$10,318
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Mar 1, 2020
Return Version
2019v5.1
Gross Receipts
$0
Mission and Program Overview

Mission

The hack reduce mission is to help boston create the talent and technologies that will shape our future in a big data-driven economy by promoting the growth and development of the technologies and skills required to process analyze and apply data

Program Services

DescriptionGrantsExpenses
THE HACK/REDUCE MISSION IS TO HELP BOSTON CREATE THE TALENT AND TECHNOLOGIES THAT WILL SHAPE OUR FUTURE IN A BIG DATA-DRIVEN ECONOMY BY PROMOTING THE GROWTH AND DEVELOPMENT OF THE TECHNOLOGIES AND SKILLS REQUIRED TO PROCESS, ANALYZE AND APPLY DATA.--
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
FREDERIC LALONDEPresidentPT$0--
CHRISTOPHER LYNCHDirectorPT$0--
CORTLAND JOHNSONExecutive DirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Hackreduce Inc
EIN
45-5290831
In Care Of
% CHRIS LYNCH
Phone
6178568160
Address
35 JASON STREET, ARLINGTON, MA 02476-6446

Signing Officer

Name
Chris Lynch
Title
Director
Phone
5858203117
Signed
2020-03-01
Discuss with paid preparer
Yes

Preparer

Firm
Peck Associates Pc
Address
20 WALNUT STREET SUITE 210, WELLESLEY HILLS, MA 02481-2104
Preparer
Gary J Marini CPA
Phone
7812357517
Supplemental Narrative

Additional Explanations

Form 990EZ Part I Line 16

“Description:OTHER EXPENSES Amount:835”

Form 990EZ Part I Line 16

“Description:LEGAL & PROFESSIONAL FEES Amount:3510”

Form 990EZ Part II Line 26

“Description:DUE TO RELATED PARTY BOY Amount:173734 EOY Amount:173734”

Raw XML Appendix160 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/USAddress/CityNm0ARLINGTON
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IRS990EZ/MethodOfAccountingAccrualInd0X
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0FREDERIC LALONDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1CHRISTOPHER LYNCH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2CORTLAND JOHNSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2EXECUTIVE DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt05000
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherEmployeePaidOver100kCnt00
IRS990EZ/OtherExpensesTotalAmt05318
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE HACK REDUCE MISSION IS TO HELP BOSTON CREATE THE TALENT AND TECHNOLOGIES THAT WILL SHAPE OUR FUTURE IN A BIG DATA-DRIVEN ECONOMY BY PROMOTING THE GROWTH AND DEVELOPMENT OF THE TECHNOLOGIES AND SKILLS REQUIRED TO PROCESS ANALYZE AND APPLY DATA
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE HACK/REDUCE MISSION IS TO HELP BOSTON CREATE THE TALENT AND TECHNOLOGIES THAT WILL SHAPE OUR FUTURE IN A BIG DATA-DRIVEN ECONOMY BY PROMOTING THE GROWTH AND DEVELOPMENT OF THE TECHNOLOGIES AND SKILLS REQUIRED TO PROCESS, ANALYZE AND APPLY DATA.
IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/SalariesOtherCompEmplBnftAmt00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0174582
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0173734
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt010318
IRS990EZ/TotalRevenueAmt00
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0HACK/REDUCE.ORG
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0231850
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt022519
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt09824
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt049048
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0313241
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0313241
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0231850
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt022519
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt09824
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt049048
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0313241
IRS990ScheduleA/TotalSupportAmt0313241
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt0173734
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0OPERATING EXPENSES
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0173734
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0HOPPERCOM
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0CONTROLLED BY PRES.
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0false
IRS990ScheduleL/TotalBalanceDueAmt0173734
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description:OTHER EXPENSES Amount:835
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description:LEGAL & PROFESSIONAL FEES Amount:3510
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description:DUE TO RELATED PARTY BOY Amount:173734 EOY Amount:173734
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990EZ PART I LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990EZ PART I LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990EZ PART II LINE 26
ReturnHeader/BuildTS02020-09-22 18:59:49Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CHRIS LYNCH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum05858203117
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-03-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HACKREDUCE INC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0C/O CHRIS LYNCH
ReturnHeader/Filer/BusinessNameControlTxt0HACK
ReturnHeader/Filer/EIN0455290831
ReturnHeader/Filer/InCareOfNm0% CHRIS LYNCH
ReturnHeader/Filer/PhoneNum06178568160
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ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd0024766446
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ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0199.44.61.252
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt020 WALNUT STREET SUITE 210
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WELLESLEY HILLS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0024812104
ReturnHeader/PreparerPersonGrp/PhoneNum07812357517
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GARY J MARINI CPA
ReturnHeader/ReturnTs02020-04-14T09:14:54-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$11,012
Liabilities
$173,734
Net assets
-$162,722
Revenue
$0
Expenses
$10,318
Net income
-$10,318
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.15$0.01$1.15$0.30$0.12$0.17
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.03$0.06$0.97$4.57$2.22$2.35
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.47$1.85$1.38$3.06$2.81$0.25
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.11$1.74$1.63$2.65$2.57$0.08
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.05$1.76$1.71$0.00$0.03$0.03
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.07$1.75$1.68$0.12$0.17$0.05
2019Detailed filing. Detailed filing data is available for this year.$0.11$1.74$1.63$0.00$0.10$0.10
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.22$1.75$1.52$2.53$2.56$0.03
2017Summary only. Only limited summary data is available for this year.$0.24$1.74$0.23$0.23$0.00
2016Summary only. Only limited summary data is available for this year.$0.35$1.85$0.10$0.60$0.51
2014Summary only. Only limited summary data is available for this year.$0.81$1.84$0.51$2.16$1.66
2013Detailed filing. Detailed filing data is available for this year.$1.49$0.86$0.62$3.42$3.33$0.09
2012Summary only. Only limited summary data is available for this year.$1.25$0.72$0.53$2.40$1.87$0.53