Civic Intelligence

The Hat Fund Inc

990EZ • Fiscal year 2018 • EIN 47-1399872

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 12, 2019

Organization Profilewww.thehatfund.org
PO Box 18236Denver, CO 80218

(303) 968-7729

Siviq Scores

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

Liabilities / Assets

90th percentile

0.50x

Higher debt load relative to assets than 90% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

84th percentile

0.12x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

11th percentile

-36%

Higher net margin than 11% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

8th percentile

-52%

Faster asset growth than 8% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

78th percentile

30%

Faster revenue growth than 78% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets90th percentile

Assets

Down

$2,365

Down $2,516 (-52%) from 2017

Net Assets

Down

$1,176

Down $3,705 (-76%) from 2017

Liabilities

$1,189

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue84th percentileNet Margin11th percentile

Revenue

Up

$10,241

Up $2,336 (+30%) from 2017

Expenses

Up

$13,946

Up $2,584 (+23%) from 2017

Net Income

Down

-$3,705

Down $248 (-7.2%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth8th percentile

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

$20K$15K$10K$5.0K$0Assets 2015: $19,658Liabilities 2015: $580Net Assets 2015: $19,0782015Assets 2016: $8,338Net Assets 2016: $8,3382016Assets 2017: $4,881Net Assets 2017: $4,8812017Assets 2018: $2,365Liabilities 2018: $1,189Net Assets 2018: $1,1762018Assets 2019: $0Net Assets 2019: $02019

Highlighted filing

2018

Assets$2,365
Liabilities$1,189
Net Assets$1,176
Open 2018 Filing

Operations Trend

Revenue Growth78th percentile

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

$100K$50K$0-$50KRevenue 2015: $80,211Expenses 2015: $81,924Net Income 2015: -$1,7132015Revenue 2016: $32,801Expenses 2016: $43,541Net Income 2016: -$10,7402016Revenue 2017: $7,905Expenses 2017: $11,362Net Income 2017: -$3,4572017Revenue 2018: $10,241Expenses 2018: $13,946Net Income 2018: -$3,7052018Revenue 2019: $9,673Expenses 2019: $10,849Net Income 2019: -$1,1762019

Highlighted filing

2018

Revenue$10,241
Expenses$13,946
Net Income-$3,705
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 12, 2019
Return Version
2018v3.1
Gross Receipts
$10,241
Mission and Program Overview

Mission

Creating the opportunity for children to develop into young adults with sharp minds, fit bodies and an enthusiasm for life and learning that will sustain them throughout their lives. The mission of the HAT FUND is to directly assist under served aspiring young student athletes to ensure they have the opportunities, guidance, and tools needed to flourish.

Program Services

DescriptionGrantsExpenses
Management & General$6,740-
Program Services$5,992-
Fundraising$1,214-
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Leslie SegelkeExecutive DirectorPT$0--
Rachel DavisChairman-$0--
Karen DorfmanSecretary-$0--
Filing and Contact Details

Filer

Filer Name
The Hat Fund Inc
EIN
47-1399872
Phone
3039687729
Address
PO Box 18236, Denver, CO 80218

Signing Officer

Name
Leslie Segelke
Title
Executive Director
Signed
2019-11-12
Discuss with paid preparer
Yes

Preparer

Firm
Tromburg Consulting LLC
Address
1001 E Bayaud Ave 908, Denver, CO 80209-2376
Preparer
Philip Tromburg
Phone
3038072169
Supplemental Narrative

Additional Explanations

Other Expenses.1001

“Advertising and Promotion $4372”

Other Expenses.1012

“Insurance $411”

Other Expenses.1

“Program Service Rentals $2580”

Other Expenses.2

“$2365”

Other Expenses.3

“Program Support $1047”

Other Expenses.4

“Telephone $520”

Other Expenses.5

“Licenses & Fees $10”

Other Assets.1012

“Intangible Assets - Beginning $4730 Intangible Assets - Ending $2365”

Total Liabilities.1001

“Accounts Payable and Accrued Expenses - Beginning $0 Accounts Payable and Accrued Expenses - Ending $1189”

Raw XML Appendix157 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.

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IRS990EZ/OtherAssetsTotalDetail/EOYAmt02365
IRS990EZ/OtherExpensesTotalAmt011305
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IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Creating the opportunity for children to develop into young adults with sharp minds, fit bodies and an enthusiasm for life and learning that will sustain them throughout their lives. The mission of the HAT FUND is to directly assist under served aspiring young student athletes to ensure they have the opportunities, guidance, and tools needed to flourish.
IRS990EZ/ProgramServiceRevenueAmt07529
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Fundraising
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IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/SpecialEventsNetIncomeLossAmt02712
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt01189
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt013946
IRS990EZ/TotalProgramServiceExpensesAmt013946
IRS990EZ/TotalRevenueAmt010241
IRS990EZ/TransactionWithControlEntInd0false
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IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.thehatfund.org
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt04252
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt052693
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt082832
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IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.00000
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt07905
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IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0135525
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $4372
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Insurance $411
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Program Service Rentals $2580
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3$2365
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ReturnHeader/BuildTS02020-04-17 16:48:07Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0Leslie Segelke
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-11-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0The Hat Fund Inc
ReturnHeader/Filer/BusinessNameControlTxt0HATF
ReturnHeader/Filer/EIN0471399872
ReturnHeader/Filer/PhoneNum03039687729
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 18236
ReturnHeader/Filer/USAddress/CityNm0Denver
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CO
ReturnHeader/Filer/USAddress/ZIPCd080218
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01001 E Bayaud Ave 908
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Denver
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0802092376
ReturnHeader/PreparerPersonGrp/PhoneNum03038072169
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Philip Tromburg
ReturnHeader/ReturnTs02019-11-12T08:31:24-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,365
Liabilities
$1,189
Net assets
$1,176
Revenue
$10,241
Expenses
$13,946
Net income
-$3,705
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2019Detailed filing. Detailed filing data is available for this year.$0.00$0.00$9.67$10.8$1.18
2018Detailed filing. Detailed filing data is available for this year.$2.37$1.19$1.18$10.2$13.9$3.71
2017Detailed filing. Detailed filing data is available for this year.$4.88$4.88$7.91$11.4$3.46
2016Detailed filing. Detailed filing data is available for this year.$8.34$8.34$32.8$43.5$10.7
2015Detailed filing. Detailed filing data is available for this year.$19.7$0.58$19.1$80.2$81.9$1.71