Civic Intelligence

Hatc Foundation

990EZ • Fiscal year 2020 • EIN 82-3980815

Jul 01, 2019 to Jun 30, 2020 • Filed on Apr 14, 2021

502 E Highland Mall Blvd Ste 106-BAustin, TX 78752

(512) 854-4771

Siviq Scores

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

Liabilities / Assets

81st percentile

0.25x

Higher debt load relative to assets than 81% of similar nonprofits.

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

Liabilities / Revenue

91st percentile

0.59x

Higher debt load relative to revenue than 91% of similar nonprofits.

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

Net Margin

3rd percentile

-481%

Higher net margin than 3% of similar nonprofits.

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

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2020

Asset Growth

5th percentile

-67%

Faster asset growth than 5% of similar nonprofits.

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

Revenue Growth

5th percentile

-89%

Faster revenue growth than 5% of similar nonprofits.

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

Assets

Down

$79,376

Down $162,688 (-67%) from 2019

Net Assets

Down

$59,656

Down $160,408 (-73%) from 2019

Liabilities

Down

$19,720

Down $2,280 (-10%) from 2019

Revenue

Down

$33,319

Down $263,305 (-89%) from 2019

Expenses

Up

$193,727

Up $141,634 (+272%) from 2019

Net Income

Down

-$160,408

Down $404,939 (-166%) 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 2019: $242,064Liabilities 2019: $22,000Net Assets 2019: $220,0642019Assets 2020: $79,376Liabilities 2020: $19,720Net Assets 2020: $59,6562020Assets 2021: $40,758Liabilities 2021: $3,863Net Assets 2021: $36,8952021Assets 2022: $94,694Liabilities 2022: $4,374Net Assets 2022: $90,3202022Assets 2023: $63,112Liabilities 2023: $440Net Assets 2023: $62,6722023Assets 2024: $99,334Liabilities 2024: $3,919Net Assets 2024: $95,4152024

Highlighted filing

2020

Assets$79,376
Liabilities$19,720
Net Assets$59,656

Operations Trend

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

$400K$200K$0-$200KRevenue 2019: $296,624Expenses 2019: $52,093Net Income 2019: $244,5312019Revenue 2020: $33,319Expenses 2020: $193,727Net Income 2020: -$160,4082020Revenue 2021: $72,660Expenses 2021: $62,693Net Income 2021: $9,9672021Revenue 2022: $125,444Expenses 2022: $72,019Net Income 2022: $53,4252022Revenue 2023: $72,484Expenses 2023: $100,132Net Income 2023: -$27,6482023Revenue 2024: $130,062Expenses 2024: $97,319Net Income 2024: $32,7432024

Highlighted filing

2020

Revenue$33,319
Expenses$193,727
Net Income-$160,408
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Apr 14, 2021
Return Version
2019v5.0
Gross Receipts
$33,319
Mission and Program Overview

Mission

The purpose of HATC Foundation is to provide decent, safe and sanitary housing at affordable prices for low and moderate-income residents of the County, to preserve and develop affordable housing and vibrant communities which enhance the quality of life for all, and to take other actions to benefit, perform the functions of, or to carry out the purpose of HATC.

Program Services

DescriptionGrantsExpenses
Provided scholarships to resident or children of residents$11,595$0
Development Activities for resident and resident children$11,019$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Patrick HowardPresident & CEOPT$60,416-$60,416
Nancy G RojasProject CoordinatorFT$55,162-$55,162
Filing and Contact Details

Filer

Filer Name
Hatc Foundation
EIN
82-3980815
Phone
5128544771
Address
502 E Highland Mall Blvd Ste 106-B, Austin, TX 78752

Signing Officer

Name
Subra Narayanaiyer
Title
Director of Finance
Phone
5128544771
Signed
2021-04-14
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

Description;Amount^Scholarships;11595|Tenant Services;11019|Administrative;11343^Total;33957^

Form 990-EZ, Part II, Line 24

Description;EOY Amount^Equipment;7279^Total;7279^

Form 990-EZ, Part II, Line 26

Description;EOY Amount^Payroll;15340|Payable;4380^Total;19720^

Raw XML Appendix155 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.

Path#Value
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IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0502 East Highland Mall Blvd
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine2Txt0Suite 106-B
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Austin
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Nancy G Rojas
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President & CEO
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IRS990EZ/PrintingPublicationsPostageAmt00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description;Amount^Scholarships;11595|Tenant Services;11019|Administrative;11343^Total;33957^
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description;EOY Amount^Equipment;7279^Total;7279^
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description;EOY Amount^Payroll;15340|Payable;4380^Total;19720^
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part II, Line 26
ReasonableCauseExplanation/ExplanationTxt0Due to Covid19 and staff working remotely and due to personnel changes in 2020 the request for an extension and the filing of the 990 was overlooked. Only upon the return of staff to the office and inquiring the IRS about the receipt of the filing for period ending June 30, 2019 - it was discovered the June 30, 2020, 990 filing it was noted that we had missed the filing deadline for the period ending June 30, 2020.
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Subra Narayanaiyer
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Director of Finance
ReturnHeader/BusinessOfficerGrp/PhoneNum05128544771
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-04-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HATC FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0HATC
ReturnHeader/Filer/EIN0823980815
ReturnHeader/Filer/PhoneNum05128544771
ReturnHeader/Filer/USAddress/AddressLine1Txt0502 E Highland Mall Blvd Ste 106-B
ReturnHeader/Filer/USAddress/CityNm0Austin
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd078752
ReturnHeader/ReturnTs02021-04-15T10:47:40-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-07-01
ReturnHeader/TaxPeriodEndDt02020-06-30
ReturnHeader/TaxYr02019

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Filings