Civic Intelligence

Hatua Network Inc.

990EZ • Fiscal year 2020 • EIN 82-3586544

Oct 01, 2019 to Sep 30, 2020 • Filed on Feb 12, 2021

11 Polhemus PlBrooklyn, NY 11215-2203

(347) 678-2710

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.01x

Higher debt load relative to assets than 83% of similar nonprofits.

2020 filings • NTEE B82 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

80th percentile

0.00x

Higher debt load relative to revenue than 80% of similar nonprofits.

2020 filings • NTEE B82 • <$500k nonprofits • Source year 2020

Net Margin

71st percentile

32%

Higher net margin than 71% of similar nonprofits.

2020 filings • NTEE B82 • <$500k nonprofits • Source year 2020

Top Officer Pay

94th percentile

$0

Higher top officer pay than 94% of similar nonprofits.

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

2020 filings • NTEE B82 • <$500k nonprofits • Source year 2020

Asset Growth

99th percentile

2713%

Faster asset growth than 99% of similar nonprofits.

2020 filings • NTEE B82 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

91st percentile

99%

Faster revenue growth than 91% of similar nonprofits.

2020 filings • NTEE B82 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$46,639

Up $44,981 (+2713%) from 2019

Net Assets

Up

$46,278

Up $44,682 (+2800%) from 2019

Liabilities

Up

$361

Up $299 (+482%) from 2019

Revenue

Up

$138,614

Up $68,941 (+99%) from 2019

Expenses

Up

$94,401

Up $23,019 (+32%) from 2019

Net Income

Up

$44,213

Up $45,922 (+2687%) from 2019

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2018: $4,911Liabilities 2018: $1,6062018Assets 2019: $1,658Liabilities 2019: $62Net Assets 2019: $1,5962019Assets 2020: $46,639Liabilities 2020: $361Net Assets 2020: $46,2782020Assets 2021: $198,743Liabilities 2021: $328Net Assets 2021: $198,4152021Assets 2022: $184,621Liabilities 2022: $6,361Net Assets 2022: $178,2602022Assets 2023: $395,844Liabilities 2023: $65,000Net Assets 2023: $330,8442023Assets 2024: $132,750Liabilities 2024: $5,550Net Assets 2024: $127,2002024Assets 2025: $231,522Liabilities 2025: $18,928Net Assets 2025: $212,5942025

Highlighted filing

2020

Assets$46,639
Liabilities$361
Net Assets$46,278

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2018: $18,709Expenses 2018: $15,404Net Income 2018: $3,3052018Revenue 2019: $69,673Expenses 2019: $71,382Net Income 2019: -$1,7092019Revenue 2020: $138,614Expenses 2020: $94,401Net Income 2020: $44,2132020Revenue 2021: $479,879Expenses 2021: $327,742Net Income 2021: $152,1372021Revenue 2022: $531,502Expenses 2022: $551,657Net Income 2022: -$20,1552022Revenue 2023: $674,080Expenses 2023: $521,496Net Income 2023: $152,5842023Revenue 2024: $660,114Expenses 2024: $857,361Net Income 2024: -$197,2472024Revenue 2025: $851,668Expenses 2025: $766,274Net Income 2025: $85,3942025

Highlighted filing

2020

Revenue$138,614
Expenses$94,401
Net Income$44,213
Jump To
Filing Snapshot
Filing Period
Oct 1, 2019 to Sep 30, 2020
Signed
Feb 12, 2021
Return Version
2019v5.0
Gross Receipts
$138,614
Mission and Program Overview

Mission

Worldwide one in three youth do not have the opportunity to continue their education past primary school. As a result many end up trapped in a cycle of poverty that deprives them of life's most basic needs. In kenya, just 57% of youth today complete high school, largely as a result of the high costs of school fees and meager family income. Around the world, even low income youth who do complete high school often lack access to career advice and professional networks that can help them take their first step into a professional career. This systemic lack of education and lack of access to career opportunities contributes to the increasing global and regional inequality the world is experiencing today. Hatua network, inc. Works to address these challenges in kenya and make it possible for youth born into poverty to complete their high school and university education, join the workforce and break the cycle of poverty. Hatua aims to achieve its mission by directly implementing programs and

Program Services

DescriptionGrantsExpenses
IN FY19 HATUA NETWORK PROVIDED GRANTS TOTALING 82,300 TO HATUA LIKONI WHICH WERE USED TO PROVIDE 220 KENYAN YOUTH WITH SCHOLARSHIPS TO ATTEND HIGH SCHOOL, PUBLIC COLLEGES AND UNIVERSITIES IN KENYA.$82,300$83,809
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
GABRIELLE FONDILLERExecutive DiFT$0--
ADITYA KADDUSecretary-$0--
EDWARD FONDILLERTreasurer-$0--
ALLISON ROUSEChairperson-$0--
Filing and Contact Details

Filer

Filer Name
Hatua Networkinc
EIN
82-3586544
Phone
3476782710
Address
11 POLHEMUS PL, BROOKLYN, NY 11215-2203

Signing Officer

Name
Gabrielle Fondiller
Title
Executive Director
Phone
3476782710
Signed
2021-02-12

Preparer

Firm
Tax Master Financial Services Corp
Address
1384 BROADWAY STE 910, NEW YORK, NY 10018-6145
Preparer
David I Block Ea
Phone
2122479090
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10

Name: hatua litoni address: off lunga road cash contribution: 82,300

Form 990-ez, Part I, Line 16

Expenses transportation 2,921 insurance 79 total 3,000

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 62 361

Form 990-ez, Part III

Worldwide one in three youth do not have the opportunity to continue their education past primary school. As a result many end up trapped in a cycle of poverty that deprives them of life's most basic needs. In kenya, just 57% of youth today complete high school, largely as a result of the high costs of school fees and meager family income. Around the world, even low income youth who do complete high school often lack access to career advice and professional networks that can help them take their first step into a professional career. This systemic lack of education and lack of access to career opportunities contributes to the increasing global and regional inequality the world is experiencing today. Hatua network, inc. Works to address these challenges in kenya and make it possible for youth born into poverty to complete their high school and university education, join the workforce and break the cycle of poverty. Hatua aims to achieve its mission by directly implementing programs and by providing grant funding to like-minded nongovernmental organizations ("ngos") in kenya. One such grantee is hatua likoni, a kenyan charitable organization. In future, in addition to providing grant funding to like- minded ngos, hatua will directly implement programs, including scholarship grants, mentoring and career guidance, alumni engagement and the creation and management of community libraries.

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NAME: HATUA LITONI ADDRESS: OFF LUNGA ROAD CASH CONTRIBUTION: 82,300
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES TRANSPORTATION 2,921 INSURANCE 79 TOTAL 3,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 62 361
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3WORLDWIDE ONE IN THREE YOUTH DO NOT HAVE THE OPPORTUNITY TO CONTINUE THEIR EDUCATION PAST PRIMARY SCHOOL. AS A RESULT MANY END UP TRAPPED IN A CYCLE OF POVERTY THAT DEPRIVES THEM OF LIFE'S MOST BASIC NEEDS. IN KENYA, JUST 57% OF YOUTH TODAY COMPLETE HIGH SCHOOL, LARGELY AS A RESULT OF THE HIGH COSTS OF SCHOOL FEES AND MEAGER FAMILY INCOME. AROUND THE WORLD, EVEN LOW INCOME YOUTH WHO DO COMPLETE HIGH SCHOOL OFTEN LACK ACCESS TO CAREER ADVICE AND PROFESSIONAL NETWORKS THAT CAN HELP THEM TAKE THEIR FIRST STEP INTO A PROFESSIONAL CAREER. THIS SYSTEMIC LACK OF EDUCATION AND LACK OF ACCESS TO CAREER OPPORTUNITIES CONTRIBUTES TO THE INCREASING GLOBAL AND REGIONAL INEQUALITY THE WORLD IS EXPERIENCING TODAY. HATUA NETWORK, INC. WORKS TO ADDRESS THESE CHALLENGES IN KENYA AND MAKE IT POSSIBLE FOR YOUTH BORN INTO POVERTY TO COMPLETE THEIR HIGH SCHOOL AND UNIVERSITY EDUCATION, JOIN THE WORKFORCE AND BREAK THE CYCLE OF POVERTY. HATUA AIMS TO ACHIEVE ITS MISSION BY DIRECTLY IMPLEMENTING PROGRAMS AND BY PROVIDING GRANT FUNDING TO LIKE-MINDED NONGOVERNMENTAL ORGANIZATIONS ("NGOS") IN KENYA. ONE SUCH GRANTEE IS HATUA LIKONI, A KENYAN CHARITABLE ORGANIZATION. IN FUTURE, IN ADDITION TO PROVIDING GRANT FUNDING TO LIKE- MINDED NGOS, HATUA WILL DIRECTLY IMPLEMENT PROGRAMS, INCLUDING SCHOLARSHIP GRANTS, MENTORING AND CAREER GUIDANCE, ALUMNI ENGAGEMENT AND THE CREATION AND MANAGEMENT OF COMMUNITY LIBRARIES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0GABRIELLE FONDILLER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03476782710
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-02-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HATUA NETWORKINC
ReturnHeader/Filer/BusinessNameControlTxt0HATU
ReturnHeader/Filer/EIN0823586544
ReturnHeader/Filer/PhoneNum03476782710
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ReturnHeader/Filer/USAddress/CityNm0BROOKLYN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd0112152203
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0133800996
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0TAX MASTER FINANCIAL SERVICES CORP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01384 BROADWAY STE 910
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0100186145
ReturnHeader/PreparerPersonGrp/PhoneNum02122479090
ReturnHeader/PreparerPersonGrp/PreparationDt02021-02-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID I BLOCK EA
ReturnHeader/ReturnTs02021-02-15T13:41:02-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-10-01
ReturnHeader/TaxPeriodEndDt02020-09-30
ReturnHeader/TaxYr02019

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