Civic Intelligence

Hatchet Publications Inc.

990 • Fiscal year 2013 • EIN 52-1833235

Jul 01, 2012 to Jun 30, 2013 • Filed on Oct 28, 2013

2140 G Street NW20052
Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

Higher debt load relative to assets than 58% of similar nonprofits.

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

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2013

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2013

Asset Growth

25th percentile

-14%

Faster asset growth than 25% of similar nonprofits.

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

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Down

$215,322

Down $34,563 (-14%) from 2012

Net Assets

Down

$214,697

Down $28,360 (-12%) from 2012

Liabilities

Down

$625

Down $6,203 (-91%) from 2012

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$319,047

Down $38,492 (-11%) from 2012

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2011: $249,272Liabilities 2011: $6,623Net Assets 2011: $242,6492011Assets 2012: $249,885Liabilities 2012: $6,828Net Assets 2012: $243,0572012Assets 2013: $215,322Liabilities 2013: $625Net Assets 2013: $214,6972013Assets 2014: $169,054Liabilities 2014: $0Net Assets 2014: $169,0542014Assets 2015: $158,813Liabilities 2015: $1,814Net Assets 2015: $156,9992015Assets 2016: $153,197Liabilities 2016: $11,994Net Assets 2016: $141,2032016Assets 2017: $134,525Liabilities 2017: $0Net Assets 2017: $134,5252017Assets 2018: $136,764Liabilities 2018: $02018Assets 2019: $134,436Liabilities 2019: $0Net Assets 2019: $134,4362019Assets 2020: $118,781Liabilities 2020: $0Net Assets 2020: $118,7812020

Highlighted filing

2013

Assets$215,322
Liabilities$625
Net Assets$214,697

Operations Trend

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

$400K$200K$0-$200KRevenue 2011: $361,412Expenses 2011: $367,860Net Income 2011: -$6,4482011Revenue 2012: $360,805Expenses 2012: $357,539Net Income 2012: $3,2662012Expenses 2013: $319,0472013Revenue 2014: $182,245Expenses 2014: $238,504Net Income 2014: -$56,2592014Revenue 2015: $120,973Expenses 2015: $110,287Net Income 2015: $10,6862015Revenue 2016: $121,737Expenses 2016: $130,482Net Income 2016: -$8,7452016Revenue 2017: $93,502Expenses 2017: $104,828Net Income 2017: -$11,3262017Revenue 2018: $85,713Expenses 2018: $98,204Net Income 2018: -$12,4912018Revenue 2019: $92,752Expenses 2019: $95,080Net Income 2019: -$2,3282019Revenue 2020: $67,440Expenses 2020: $83,095Net Income 2020: -$15,6552020

Highlighted filing

2013

Revenue-
Expenses$319,047
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2012 to Jun 30, 2013
Signed
Oct 28, 2013
Return Version
2012v2.1
Gross Receipts
$295,487
Mission and Program Overview

Mission

Hatchet publications inc.(the organization) edits, prints, publishes, sells and distributes the gw hatchet, the primary student newspaper of general interest and circulation at the george washington university. The organization also provides, with the assistance of those with professional journalism and business experience, a practical and realistic educational experience for the students who comprise the staff of the organization.

Filing and Contact Details

Filer

EIN
52-1833235
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IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation0THE ORGANIZATION HAS A PERMANENTLY RESTRICTED SCHOLARSHIP ENDOWMENT FUND. THE ASSETS ARE MAINTAINED BY GEORGE WASHINGTON UNIVERSITY. IT IS THE INTENT OF THE FUND THAT EARNINGS WILL BE SUFFICIENT TO ALLOW FOR THE PAYMENT OF AN ANNUAL SCHOLARSHIP TO THE ORGANIZATION'S EDITOR IN CHIEF, A POSITION ELECTED BY THE EDITORIAL STAFF OF THE ORGANIZATION AND CONFIRMED BY THE ORGANIZATION'S BOARD. INVESTMENT EARNINGS ON THE ORGANIZATION'S PERMANENTLY RESTRICTED ENDOWMENT ARE UNRESTRICTED AND, IN ACCORDANCE WITH U.S. GAAP, ARE REPORTED AS TEMPORARILY RESTRICTED UNTIL APPROPRIATED FOR EXPENDITURE. THE END OF YEAR BALANCE OF THE ORGANIZATION'S ENDOWMENT AS REPORTED ON PAGE 2 OF SCHEDULE D OF THIS FORM 990 REPRESENTS THE BALANCE OF THE ORGANIZATION'S PERMANENTLY RESTRICTED ENDOWMENT AND THE UNAPPROPRIATED FUNDS RELATED TO THE THE ENDOWMENT REPORTED AS TEMPORARILY RESTRICTED.
IRS990ScheduleD/Form990ScheduleDPartXIII/Identifier0DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS:
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IRS990ScheduleD/PermanentEndowmentEOYBalance00.82100
IRS990ScheduleD/TermEndowmentEOYBalance00.17900
IRS990ScheduleD/TotalOfBookValueLandBuildings02926
IRS990ScheduleD/TotalOfBookValueProgramRelated0131730
IRS990ScheduleI/Form990ScheduleIPartIII/AmountOfCashGrant07000
IRS990ScheduleI/Form990ScheduleIPartIII/NumberOfRecipients01
IRS990ScheduleI/Form990ScheduleIPartIII/TypeOfGrant0SCHOLARSHIP
IRS990ScheduleI/RecordsMaintained01
IRS990/ScheduleJRequired00
IRS990ScheduleO/GeneralExplanation/Explanation0THE ORGANIZATION'S FEDERAL FORM 990 IS REVIEWED BY THE ORGANIZATION'S GENERAL MANAGER AND TREASURER. SUCH REVIEW TAKES PLACE UPON RECEIPT OF THE DRAFT FORM 990 RECEIVED FROM THE INDEPENDENT PUBLIC ACCOUNTING FIRM WHO PREPARES THE RETURN AND ANNUAL COMPILED FINANCIAL STATEMENTS FOR THE ORGANIZATION AND INVOLVES A REVIEW OF THE FINANCIAL DATA AND ALL NARRATIVE INFORMATION FOR ACCURACY AND COMPLETENESS. THE ORGANIZATION ALSO HAS POLICY TO PROVIDE A COPY OF THE FEDERAL FORM 990 TO THE FULL BOARD PRIOR TO FILING.
IRS990ScheduleO/GeneralExplanation/Explanation1THE ORGANIZATION'S WRITTEN CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY AND IS PRESENTED TO ALL NEW BOARD MEMBERS THOUGH MEMBERS ARE NOT REQUIRED TO ANNUALLY SIGN THE POLICY. THE BOARD DETERMINES HOW TO HANDLE A CONFLICT ON A CASE BY CASE BASIS BUT IN THE EVENT OF AN IDENTIFIED CONFLICT OF INTEREST, THE BOARD MEMBER(S) WITH THE CONFLICT WOULD BE RECUSED FROM VOTING ON THE MATTER.
IRS990ScheduleO/GeneralExplanation/Explanation2THE ORGANIZATION'S BOARD DETERMINES COMPENSATION OF ALL DIRECTORS AND OFFICERS BASED UPON PERFORMANCE AND SALARY HISTORY.
IRS990ScheduleO/GeneralExplanation/Explanation3THE ORGANIZATION'S FEDERAL FORM 990 IS MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/GeneralExplanation/Explanation4THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS WILL BE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/GeneralExplanation/Explanation5THE BOARD OF DIRECTORS REVIEWS AND APPROVES THE COMPILATION BEFORE IT IS FINALIZED.
IRS990ScheduleO/GeneralExplanation/Identifier0FINANCIAL REPORTING
IRS990ScheduleO/GeneralExplanation/ReturnReference0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/GeneralExplanation/ReturnReference3FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/GeneralExplanation/ReturnReference4FORM 990, PART VI, SECTION C, LINE 19
IRS990/ScheduleORequired01
IRS990/School00

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