Civic Intelligence

Center for Media Change Inc

990 • Fiscal year 2020 • EIN 68-0632366

Jan 01, 2020 to Dec 31, 2020 • Filed on Sep 21, 2021

900 Alice Street 3rd FlOakland, CA 94607

(510) 761-8603

Siviq Scores

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

Liabilities / Assets

58th percentile

0.16x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

53rd percentile

0.16x

Higher debt load relative to revenue than 53% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

65th percentile

13%

Higher net margin than 65% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

55th percentile

$70,410

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 5.4% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

81st percentile

35%

Faster asset growth than 81% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

88th percentile

56%

Faster revenue growth than 88% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$1,273,480

Up $331,562 (+35%) from 2019

Net Assets

Up

$1,071,247

Up $175,079 (+20%) from 2019

Liabilities

Up

$202,233

Up $156,483 (+342%) from 2019

Revenue

Up

$1,298,816

Up $468,378 (+56%) from 2019

Expenses

Down

$1,123,737

Down $450,584 (-29%) from 2019

Net Income

Up

$175,079

Up $918,962 (+124%) from 2019

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2010: $205,405Liabilities 2010: $0Net Assets 2010: $205,4052010Assets 2011: $19,429Liabilities 2011: $0Net Assets 2011: $19,4292011Assets 2012: $113,363Liabilities 2012: $17,6502012Assets 2013: $50,029Liabilities 2013: $6,4002013Assets 2014: $661,127Liabilities 2014: $43,657Net Assets 2014: $617,4702014Assets 2015: $1,343,044Liabilities 2015: $11,115Net Assets 2015: $1,331,9292015Assets 2016: $1,567,130Liabilities 2016: $46,950Net Assets 2016: $1,520,1802016Assets 2017: $1,055,658Liabilities 2017: $58,242Net Assets 2017: $997,4162017Assets 2018: $1,702,520Liabilities 2018: $62,469Net Assets 2018: $1,640,0512018Assets 2019: $941,918Liabilities 2019: $45,750Net Assets 2019: $896,1682019Assets 2020: $1,273,480Liabilities 2020: $202,233Net Assets 2020: $1,071,2472020Assets 2021: $1,558,755Liabilities 2021: $68,650Net Assets 2021: $1,490,1052021Assets 2022: $625,836Liabilities 2022: $146,197Net Assets 2022: $479,6392022Assets 2023: $578,123Liabilities 2023: $345,399Net Assets 2023: $232,7242023Assets 2024: $1,901,737Liabilities 2024: $174,485Net Assets 2024: $1,727,2522024

Highlighted filing

2020

Assets$1,273,480
Liabilities$202,233
Net Assets$1,071,247

Operations Trend

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

$4.0M$2.0M$0-$2.0MExpenses 2010: $391,4752010Revenue 2011: $241,423Expenses 2011: $427,399Net Income 2011: -$185,9762011Revenue 2012: $163,985Expenses 2012: $87,701Net Income 2012: $76,2842012Revenue 2013: $185,247Expenses 2013: $237,331Net Income 2013: -$52,0842013Revenue 2014: $950,707Expenses 2014: $429,899Net Income 2014: $520,8082014Revenue 2015: $1,897,915Expenses 2015: $1,183,456Net Income 2015: $714,4592015Revenue 2016: $1,739,649Expenses 2016: $1,551,398Net Income 2016: $188,2512016Revenue 2017: $1,433,470Expenses 2017: $1,956,234Net Income 2017: -$522,7642017Revenue 2018: $2,166,739Expenses 2018: $1,524,104Net Income 2018: $642,6352018Revenue 2019: $830,438Expenses 2019: $1,574,321Net Income 2019: -$743,8832019Revenue 2020: $1,298,816Expenses 2020: $1,123,737Net Income 2020: $175,0792020Revenue 2021: $1,730,354Expenses 2021: $1,311,496Net Income 2021: $418,8582021Revenue 2022: $822,619Expenses 2022: $1,833,085Net Income 2022: -$1,010,4662022Revenue 2023: $1,485,470Expenses 2023: $1,732,385Net Income 2023: -$246,9152023Revenue 2024: $3,021,907Expenses 2024: $1,527,379Net Income 2024: $1,494,5282024

Highlighted filing

2020

Revenue$1,298,816
Expenses$1,123,737
Net Income$175,079
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Sep 21, 2021
Return Version
2020v4.0
Gross Receipts
$1,298,816
Mission and Program Overview

Mission

Hack the Hood empowers Black, Latinx, and Indigenous communities through tech and data literacy skills that supports their economic mobility.

Through mentorship, culturally-relevant knowledge, 21st-century skills, and community partnerships, we believe youth can become creators of change in their communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$822,757$828,322▲ $5,565
Pledges and Grants Receivable$47,726$310,000▲ $262,274
Accounts Receivable$21,629$96,628▲ $74,999
Land, Buildings, and Equipment, Net$25,346$22,154▼ $3,192
Prepaid Expenses and Deferred Charges$24,460$16,376▼ $8,084
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$941,918$1,273,480▲ $331,562
Other Assets Total-$0-
Liabilities
Other Liabilities-$155,515-
Accounts Payable and Accrued Expenses$45,750$46,718▲ $968
Total Liabilities$45,750$202,233▲ $156,483
Net Assets / Fund Balance
Net Assets With Donor Restrictions$346,972$630,000▲ $283,028
Net Assets Without Donor Restrictions$549,196$441,247▼ $107,949
Total Net Assets Fund Balance$896,168$1,071,247▲ $175,079
Total Liabilities and Net Assets / Fund Balance$941,918$1,273,480▲ $331,562

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$10,529$4,750-
Equipment$11,625$2,906-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Tiifany ShumateExecutive DirectorFT$66,395$4,015$70,410

Board Members and Trustees

NameTitle
Jing ZhangBoard Chair
Luther JacksonVice Chair/Secr
Gabriel CastilloDirector
Hal PlotkinDirector
Kamal ShahDirector
Lucia MoritzDirector
Tanya CaragolDirector
Ken SoreyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,237,457
Program Service Revenue
$61,359
Investment Income
$0
Other Revenue
$0
All Other Contributions
$1,210,328
Change in Net Assets
$175,079

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,298,816
Revenue Not Reported on Form 990
$26,837
Total Revenue per Audited Statements
$1,325,653
Total Revenue per Form 990
$1,298,816
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$601,921
Other Expenses$521,816
Total Fundraising Expense$165,350
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$266,849$71,940$86,697$425,486
Fees for Services Other$168,179$34,373$21,664$224,216
Current Officers, Directors, Trustees, and Key Employees$35,206$17,602$17,602$70,410
Occupancy$31,474$30,557$6,106$68,137
Fees for Services Accounting-$67,813-$67,813
Information Technology$42,443$8,656$4,173$55,272
Other Employee Benefits$33,993$10,004$10,309$54,306
Payroll Taxes$26,797$7,907$9,225$43,929
Fees for Services Legal-$43,870-$43,870
Office Expenses$17,131$12,954$5,867$35,952
Pension Plan Contributions$4,327$893$2,570$7,790
Insurance$3,190$3,912$593$7,695
Conferences and Meetings$6,387$212-$6,599
Depreciation Depletion$2,344$3,311$537$6,192
Advertising$48$5,869$7$5,924
Travel$129$17-$146
Total Functional Expenses$638,497$319,890$165,350$1,123,737

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,150,574
Expenses per Audited Statements$1,123,737
Total Expenses per Form 990$1,123,737
Expenses Not Reported on Form 990$26,837
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
PPP Loan$155,515
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

All documents are shared with Lead Team and Board for review via email.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

All officers and directors disclose potential conflicts annually. If conflicts arise they are addressed per policy.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The Board reviews and approves the salary of the CEO of the organization, based on budget constraints and role.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

The Board reviews and approves the salaries of the key employees of the organization, based on budget constraints and role.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Upon written request.

Filing and Contact Details

Filer

Filer Name
Hack the Hood Inc
EIN
68-0632366
Phone
5107618603
Address
900 Alice Street 3rd Fl, Oakland, CA 94607

Signing Officer

Name
Ken Sorey
Title
Treasurer
Signed
2021-09-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jing Zhang
Formed
2006
Legal Domicile
CA
Voting Board Members
8
Independent Board Members
8
Employees
17
Volunteers
7

Preparer

Firm
Crosby & Kaneda CPAs LLP
Address
1970 Broadway STE 930, Oakland, CA 94612
Preparer
Felix Gorrindo
Phone
5108352727
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

The Internal Revenue Service and the California Franchise Tax Board have determined that the Organization is exempt from federal and state income taxes under IRC 501(c)(3) and California RTC 23701(d). The Organization has evaluated its current tax positions as of December 31, 2020 and is not aware of any significant uncertain tax positions for which a reserve would be necessary. The Organizations tax returns are generally subject to examination by federal and state taxing authorities for three and four years, respectively, after they are filed.

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IRS990/Desc0Hack the Hoods mission is to decrease the digital divide by providing real-world learning opportunities that teach low-income youth of color technology, entrepreneurship, and life skills while also helping others in their community.We also provide training, mentorship, networking opportunities, career coaching and job/internship placement services.
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IRS990/MissionDesc0Hack the Hood empowers Black, Latinx, and Indigenous communities through tech and data literacy skills that supports their economic mobility.
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IRS990/OtherEmployeeBenefitsGrp/TotalAmt054306
IRS990/OtherLiabilitiesGrp/EOYAmt0155515
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt086697
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt071940
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0266849
IRS990/OtherSalariesAndWagesGrp/TotalAmt0425486
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt09225
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt07907
IRS990/PayrollTaxesGrp/ProgramServicesAmt026797
IRS990/PayrollTaxesGrp/TotalAmt043929
IRS990/PensionPlanContributionsGrp/FundraisingAmt02570
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0893
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt04327
IRS990/PensionPlanContributionsGrp/TotalAmt07790
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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt016376
IRS990/PrincipalOfficerNm0Jing Zhang
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IRS990/ProgramServiceRevenueGrp/Desc0Partnership fees
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt061359
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IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0821188
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IRS990/PYSalariesCompEmpBnftPaidAmt0939243
IRS990/PYTotalExpensesAmt01574321
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IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0175079
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
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IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
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IRS990/RoyaltiesGrp/TotalAmt00
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt07399252
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01739498
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt07399252
IRS990ScheduleA/TotalSupportAmt07399403
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Internal Revenue Service and the California Franchise Tax Board have determined that the Organization is exempt from federal and state income taxes under IRC 501(c)(3) and California RTC 23701(d). The Organization has evaluated its current tax positions as of December 31, 2020 and is not aware of any significant uncertain tax positions for which a reserve would be necessary. The Organizations tax returns are generally subject to examination by federal and state taxing authorities for three and four years, respectively, after they are filed.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
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IRS990ScheduleD/TotalExpensesPerForm990Amt01123737
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IRS990ScheduleD/TotalRevenuePerForm990Amt01298816
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IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0All documents are shared with Lead Team and Board for review via email.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1All officers and directors disclose potential conflicts annually. If conflicts arise they are addressed per policy.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Board reviews and approves the salary of the CEO of the organization, based on budget constraints and role.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Board reviews and approves the salaries of the key employees of the organization, based on budget constraints and role.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Upon written request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
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IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0941918

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.90$0.17$1.73$3.02$1.53$1.49
2023Summary only. Only limited summary data is available for this year.$0.58$0.35$0.23$1.49$1.73$0.25
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.63$0.15$0.48$0.82$1.83$1.01
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.56$0.07$1.49$1.73$1.31$0.42
2020Detailed filing. Detailed filing data is available for this year.$1.27$0.20$1.07$1.30$1.12$0.18
2019Summary only. Only limited summary data is available for this year.$0.94$0.05$0.90$0.83$1.57$0.74
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.70$0.06$1.64$2.17$1.52$0.64
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.06$0.06$1.00$1.43$1.96$0.52
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.57$0.05$1.52$1.74$1.55$0.19
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.34$0.01$1.33$1.90$1.18$0.71
2014Summary only. Only limited summary data is available for this year.$0.66$0.04$0.62$0.95$0.43$0.52
2013Summary only. Only limited summary data is available for this year.$0.05$0.01$0.19$0.24$0.05
2012Summary only. Only limited summary data is available for this year.$0.11$0.02$0.16$0.09$0.08
2011Summary only. Only limited summary data is available for this year.$0.02$0.00$0.02$0.24$0.43$0.19
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.21$0.00$0.21$0.39
Peer Organizations

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