Civic Intelligence

Hack the Bay Foundation

990 • Fiscal year 2020 • EIN 81-3117444

Jun 01, 2019 to May 31, 2020 • Filed on Mar 09, 2021

1729 Spruce StBerkeley, CA 94709

(669) 225-4117

Siviq Scores

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

Liabilities / Assets

79th percentile

0.17x

Higher debt load relative to assets than 79% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

65th percentile

0.02x

Higher debt load relative to revenue than 65% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

18th percentile

-29%

Higher net margin than 18% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

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.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

5th percentile

-72%

Faster asset growth than 5% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

70th percentile

6.0%

Faster revenue growth than 70% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$26,525

Down $67,635 (-72%) from 2019

Net Assets

Down

$22,119

Down $72,041 (-77%) from 2019

Liabilities

Up

$4,406

Up $4,406 from 2019

Revenue

Up

$246,380

Up $13,880 (+6.0%) from 2019

Expenses

Up

$318,421

Up $134,603 (+73%) from 2019

Net Income

Down

-$72,041

Down $120,723 (-248%) from 2019

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2018: $45,478Liabilities 2018: $0Net Assets 2018: $45,4782018Assets 2019: $94,160Liabilities 2019: $0Net Assets 2019: $94,1602019Assets 2020: $26,525Liabilities 2020: $4,406Net Assets 2020: $22,1192020Assets 2022: $230,051Liabilities 2022: $87,884Net Assets 2022: $142,1672022

Highlighted filing

2020

Assets$26,525
Liabilities$4,406
Net Assets$22,119

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2018: $252,299Expenses 2018: $259,845Net Income 2018: -$7,5462018Revenue 2019: $232,500Expenses 2019: $183,818Net Income 2019: $48,6822019Revenue 2020: $246,380Expenses 2020: $318,421Net Income 2020: -$72,0412020Revenue 2022: $129,804Expenses 2022: $11,022Net Income 2022: $118,7822022

Highlighted filing

2020

Revenue$246,380
Expenses$318,421
Net Income-$72,041
Jump To
Filing Snapshot
Filing Period
Jun 1, 2019 to May 31, 2020
Signed
Mar 9, 2021
Return Version
2019v5.0
Gross Receipts
$246,380
Mission and Program Overview

Mission

As UC Berkeleys hackathon organization, Hack the Bay hosts the worlds largest collegiate hackathon, runs a fellowship program to support entrepreneurial hackers, and brings first-time coders into the world of technology just a few of our many initiatives and projects. Our mission is to empower others with technology to create solutions to better the world.

We aim to promote computer science education among undergraduate and graduate students. We organize a large event with over 2000 students every fall at UC Berkeley.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$94,160$26,525▼ $67,635
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$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-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$94,160$26,525▼ $67,635
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses-$4,406-
Total Liabilities$0$4,406▲ $4,406
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$94,160$22,119▼ $72,041
Total Net Assets Fund Balance$94,160$22,119▼ $72,041
Total Liabilities and Net Assets / Fund Balance$94,160$26,525▼ $67,635
Compensation and Service Providers

Board Members and Trustees

NameTitle
Avinash JainPresident
Rupa DuggiralaBoard Member
Alex LuSecretary
David WeiTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$246,380
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$246,380
Change in Net Assets
$-72,041
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$311,421
Grants and Similar Amounts Paid$7,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$197,487--$197,487
Information Technology$24,411$770-$25,181
Other Expenses$16,594--$16,594
Travel$10,238--$10,238
Grants to Domestic Individuals$7,000--$7,000
Interest-$77-$77
Total Functional Expenses$317,574$847$0$318,421
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-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
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
No
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

The tax return is prepared by an outside accounting firm. After completion of said returns, the organization is sent a draft of the tax returns to be reviewed and examined. The organization makes copies of the returns and distributes to those individuals charged with governance. Those individuals at that time can review and if applicable discuss any line items in the return with the accountant who has prepared the return. If all items are found to be acceptable, an authorization is signed and provided to authorize the outside accounting firm to process, sign and provide copies of the returns to be filed (paper or electronically) with the designated governmental agencies. The tax returns are then signed by the organization, stamped and mailed with certified return receipt or the signed form 8879 is provided to the outside accounting firm allowing electronic filing.

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

Organization requires annual updates to conflict of interest statements.

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

The Cal Hacks Foundation is run by the board which is composed of the officers listed on Form 990. The members also serve as volunteers for the organization by dedicating their time to organizing our event. We greatly appreciate their help and thus discuss with them when electing the new board each year.

Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection

Federal Tax Returns are available at guidestar.org & CHARITYNAVIGATOR.ORG.

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

Governing documents are available for public inspection at the principal place of business.The conflict of interest policy and the organization's financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Cal Hacks Foundation
EIN
81-3117444
Phone
6692254117
Address
1729 Spruce St, Berkeley, CA 94709

Signing Officer

Name
Avinash Jain
Title
President
Signed
2021-03-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Avinash Jain
Formed
2016
Legal Domicile
CA
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
200

Preparer

Firm
Healy and Associates
Address
1200 CONCORD AVE STE 250, CONCORD, CA 94520
Preparer
Husne Siddiqui-Khan
Phone
9256030800
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 2: New Services

In April of 2020, Cal Hacks launched hack:now, a weekend long event hosted virtually which served thousands of participants from around the world. Hack:now encouraged the building of side projects and offered mentorship from professionals.

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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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IRS990/Desc0We organized a 36 hour event for over 2,000 students at California Memorial Stadium. We brought in over 25 corporate sponsors to provide mentorship and job opportunities for undergraduate and graduate students at the event. Cal Hacks covers food, apparel, and transportation for students across California as well as the United States, and oftentimes outside the United States. The students build projects such as mobile apps, websites, and much more. You can see the submissions here: https://calhacks4.devpost.com/
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IRS990/MissionDesc0As UC Berkeleys hackathon organization, Cal Hacks hosts the worlds largest collegiate hackathon, runs a fellowship program to support entrepreneurial hackers, and brings first-time coders into the world of technology just a few of our many initiatives and projects. Our mission is to empower others with technology to create solutions to better the world.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0In April of 2020, Cal Hacks launched hack:now, a weekend long event hosted virtually which served thousands of participants from around the world. Hack:now encouraged the building of side projects and offered mentorship from professionals.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The tax return is prepared by an outside accounting firm. After completion of said returns, the organization is sent a draft of the tax returns to be reviewed and examined. The organization makes copies of the returns and distributes to those individuals charged with governance. Those individuals at that time can review and if applicable discuss any line items in the return with the accountant who has prepared the return. If all items are found to be acceptable, an authorization is signed and provided to authorize the outside accounting firm to process, sign and provide copies of the returns to be filed (paper or electronically) with the designated governmental agencies. The tax returns are then signed by the organization, stamped and mailed with certified return receipt or the signed form 8879 is provided to the outside accounting firm allowing electronic filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Organization requires annual updates to conflict of interest statements.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Cal Hacks Foundation is run by the board which is composed of the officers listed on Form 990. The members also serve as volunteers for the organization by dedicating their time to organizing our event. We greatly appreciate their help and thus discuss with them when electing the new board each year.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Federal Tax Returns are available at guidestar.org & CHARITYNAVIGATOR.ORG.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Governing documents are available for public inspection at the principal place of business.The conflict of interest policy and the organization's financial statements are available upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part III, Line 2: New Services
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
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IRS990/SignificantChangeInd0false
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IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt094160
IRS990/TotalAssetsEOYAmt026525
IRS990/TotalAssetsGrp/BOYAmt094160
IRS990/TotalAssetsGrp/EOYAmt026525
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0246380
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0847
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0317574
IRS990/TotalFunctionalExpensesGrp/TotalAmt0318421
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt04406
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt04406
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt094160
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt022119
IRS990/TotalProgramServiceExpensesAmt0317574
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0246380
IRS990/TotalVolunteersCnt0200
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt094160
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt026525
IRS990/TravelGrp/ProgramServicesAmt010238
IRS990/TravelGrp/TotalAmt010238
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01729 Spruce St
IRS990/USAddress/CityNm0Berkeley
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd094709
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0www.calhacks.io
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Avinash Jain
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-03-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Cal Hacks Foundation
ReturnHeader/Filer/BusinessNameControlTxt0CALH
ReturnHeader/Filer/EIN0813117444
ReturnHeader/Filer/PhoneNum06692254117
ReturnHeader/Filer/USAddress/AddressLine1Txt01729 Spruce St
ReturnHeader/Filer/USAddress/CityNm0Berkeley
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd094709
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0811489821
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HEALY AND ASSOCIATES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01200 CONCORD AVE STE 250
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CONCORD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd094520
ReturnHeader/PreparerPersonGrp/PhoneNum09256030800
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Husne Siddiqui-Khan
ReturnHeader/ReturnTs02021-03-09T13:37:00-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-06-01
ReturnHeader/TaxPeriodEndDt02020-05-31
ReturnHeader/TaxYr02019

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